Hi Neil, Congratulations on the sale. You'll find after a few years of AIMing, it becomes terribly monotonous generating profits. Every once in a while we have a company do something peculiar and generate a loss of two, but it becomes harder and harder over time to lose money.
It's interesting that one can still use the .... "sell your losers and let your profits run" concept with AIM. Mr. Lichello suggested that if we AIMed a basket of stocks that we could do just that sort of thing. In a rising market, sell off the non-responsive parts of the portfolio and let the winners continue the ride.
One can also run a basket of stocks nearly the opposite way. In a rising market sell off what is rising most quickly and hold the slower ones, assuming that their day will come.
With baskets of stocks I had the best luck bunching them by industrial types. 4 or 5 companies in one basket all of the same business sector behaved nearly as well as an individual stock. It also had the effect that LD-AIM has of keeping the threshold for our next buy and sell points to a smaller Hold Zone, relative to the size of the portfolio.
In either case, it has us tend to concentrate our monies in fewer and fewer stocks, however. After a couple of years of "basket" AIMing, I found that between the growth of the portfolio and the decrease in the number of holdings, I was able to break the away from the basket concept and AIM individual stocks. In other words, it tended to decrease diversification over time.
Here, nearly 20 years later, I'm buying Sector Funds and AIMing them! So, I'm back to "baskets" of a sort. However, the content of the baskets is no longer my own selection, only the baskets themselves. Here I'm maintaining a better diversification than I originally started with way back in the late '80s when I turned my portfolio over to Mr. Lichello's AIM. At that time my baskets weren't selected, they were the content of my existing portfolio - for better or worse!
Best regards, Tom
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