BOOK REVIEWS 3 of 11
7 of 8 people found the following review helpful:
The book and the strategy take patience but they work., June 6, 1999
Reviewer: A reader
This book is wordy but, in my opinion and experience, the AIM algorithm works. Many of the comments about the market must be taken in the context of the late 1960s to early 1980s period when the stock market was an unpleasant place to invest. Who can tell when the market will again disappoint for years? AIM will work in both good and bad markets. This system beats emotional investing. It eliminates the need to identify market tops and bottoms and makes the best use of whatever price changes your investment throws at it. As long as you can trade inexpensively and select stocks with good fundamentals and relatively high betas, AIM will work for you. I rate this book 5 stars because, for the first time in my life, I am able to invest and trade effectively.
2 of 4 people found the following review helpful:
Tried many investing techniques...this one is pretty good, June 17, 2004
Reviewer: A reader
I've been investing in stocks and mutual funds for about 18 years and I think this investment technique is one of the best I've seen. Basically, Mr Lichellos method has you keeping a cash reserve of either 50% or 33% (new advanced method) and investing the balance in stocks or stock funds. When the market drops you put a portion of your cash from your reserve into the market according to his investment plan percentages..when the market runs up you are selling stock and moving profits into your cash reserve.
I really dont know of anybody who has done very well with the buy and hold style of investing with the bear market of the magnitude we've seen. I personally use this system for my Roth and 401k and really have been pleased with it...Mr. Lichellos methods have allowed me to consistently take my profits as I make them and put them into my reserve for future purchases at lower prices. If your one of those day traders maybe the book isn't for you, but if your looking for a technique that works in any type of market conditions and doesnt require more than
15 minutes per month to monitor then maybe this approach is for you. One more thing, if your not sure, why not try it for 6 months and see if it works for you. You can always go back to your old buy and hold (hope) strategy if you want but I dont think you will...
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