FAQ

AIM stands for Automatic Investment Management. It was a system to automatically and scientifically always Buy Low, Sell High, or do nothing to create significant profits over time. It is the name that Robert Lichello gave for this method he designed and wrote about in the book “How To Make $1,000,000 In the Stock Market Automatically.” You can learn more about Robert Lichello from his Wikipedia page here: https://en.wikipedia.org/wiki/Robert_Lichello

LEAPS is an acronym that stands for Long-term Equity AnticiPation Securities. They are also known as long-term options. They are long term because they have an expiration date of about two years after they are first issued. That makes them perfect to apply the AIM investing method because it safely gives us an entire year to buy low and sell high - on ups and downs that are larger and more volatile than the stocks they are associated with. After this year if we want to keep the stock, we can roll them over to next year’s LEAPS issued around September & October every year. This is why AIM with LEAPS is the most profitable formula for long term investing!

The minimum amount I would say is $3,000 for one LEAPS and $10,000 for two or three LEAPS. Ideally you want to start with $100,000 or more so you can buy the FAANGS and other more expensive LEAPS to make the highest profits. Starting with $100,000 or more also allows you to diversify your portfolio across many companies like any smart investor would do.

AIM is both an art and a science - several columns on the AIM Word spreadsheet do not lend themselves to a formula. Also unlike the newsletter portfolios - when I manage your portfolio I always put your next limit buy and sell at the bottom of the spreadsheet after every trade so you know what your new limit buy and sell prices are – Excel can’t do that – but I can!

It is very important to place new limit buys and sells the same evening I send them to you or call you with them so they are placed before the stock market opens the next day. Forgetting to post new limit buys and sell will cost you a lot in profits. I told one client to buy 10 contracts on IBM when it was down from $10.00 to $2.00. He didn’t buy, then IBM went down to $1.60. I begged him to buy - he ignored me. About two months later his IBM LEAPS was back up to $4.65. Missing all of these trades cost him a lot of profits!