Replies to post #37230 on A.I.M. Users Bulletin Board (AIMUSERS)

[Toofuzzy]

Hi Clive

>>>>For someone with perhaps $300K who opts to run 33 AIM's of $10K each, the maximum risk per AIM is 3% of their total portfolio value (assuming all equally weighted). <<<<

In order to make $1 million as a farmer, start with $2 million

I just couldn't resist.

I find that if I want my minimum trade to be $500 I need to start with $10,000 in stock. That means I usually want another $10,000 in cash. So I need to have $20,000 to start a new AIM account. If I am 20 years old and starting to invest,saving $5,000 / year, it will take me 4 years to even start AIMing one AIM account. I think it would make more sense to use a fund for that. Every three or four years I can start a new account. Large, bond, small, foreign, REIT in that order.

Toofuzzy