Replies to post #16202 on A.I.M. Users Bulletin Board (AIMUSERS)

[AIMster]

It can work! I don't AIM ETF's or mutual funds...

I've figured for myself the best plan is to have some of each - both individual stocks and closed-end or exchange traded funds. That way I can catch both the faster waves of the individual stocks, as well as the tides of the funds. I think the key is diversification, so that no one loss will toss the baby out with the bathwater. Also, as I've mentioned of late I'm favoring dividend-paying instruments as they provide additional cash reserve as the stocks and funds lumber up-and-down in the hold zone without buying-or-selling.

Everyone has their own experience AIMing, and the experience I have had, has somehow left me with a sense that I am more comfortable AIMing individual stocks than mutual funds.

Well said and it's these boards that show just the incredible variety of variations we can each construct using a common tool.

Best,

AIMster

[Neil Scott]

Hello Jack,

I was very interested on your stock that fell 89%.
Did you ride it all that way down?
The reason I ask is that I know how psychologically hard it is to buy as a stock sinks lower and you wonder if you are doing the right thing.
How long did you have to wait before it came right again?
What settings did you use to control the purchasing of the stock, I would imagine that a fall of that magnitude would have made you run out of cash. I'm still trying to work out a nice balance between risk and return.
I have two stocks at the moment that are in similar state one is down about 70% the other around 50%. On both I am not going to spend any more and am just waiting for the recovery.

Regards

Neil