The AIM system, and its later improvement the AIM-Hi system, were invented and popularized by Robert Lichello in his unfortunately-named book 'How to Make $1,000,000 in the Stock Market Automatically'. The name makes it appear to be some sort of get-rich-quick scheme, whereas it does contain an excellent get-rich-slowly-but-surely scheme which works far better than the traditional 'buy and hold' approach.
One of the hardest decisions for a long-term investor is deciding when and how much to buy, and when and how much to sell. The classic and timeless advice is "Buy low and sell high", but many investors act completely the other way round, selling low due to fear and buying high due to greed. So to our minds the beauty of Robert Lichello's system lies in the discipline which it imposes on the investor. Another strong point of AIM-Hi is the ease of operation. The choice of timeframe is up to you, depending on how hands-on you like to be with your investments. You may decide to operate AIM-Hi monthly (our favourite), quarterly, or even once a year, and the whole process in arriving at your single buy/sell decision and amount will take no more than ten minutes! |
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Copyright © 2018 Mick Brooks
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