Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
How to Make $1,000,000 in the Stock Market Automatically: (4th Edition) Mass Market Paperback – December 1, 2001
The Amazon Book Review
Author interviews, book reviews, editors picks, and more. Read it now
Customers who viewed this item also viewed
What other items do customers buy after viewing this item?
About the Author
Top customer reviews
The hardest thing for a novice individual investor to do is not what stock to buy, or when, but when to sell! To often individual investors get too greedy when the price is going up, holding on to the stock for far to long. Conversely, they panic and sell all of their stock holdings when the price goes against their position and they end up loosing money just as the price is bottoming and beginning to turn around. This book, "How to make $1,000,000 in the Stock market Automatically" takes away the emotional swing-type trading and provides a simple approach. It gives fundamental & simple stock buying and selling set points. An interested investor can also purchase other products based upon Robert Lichello's works. I have found that reviewing the stock price weekly is sufficient, based upon this system. Good Trading!
In that period, my own cash reserves were drawn down from about 35% to about 5% while I bought up huge quantities of underpriced stocks and funds. Then, my account rose in total value about 18% in October alone. I've already returned many of my AIM accounts to a 30% Cash Reserve level. Thank you AIM and Mr. Lichello!!
AIM is portfolio risk management, plain and simple. It automatically adjusts asset allocation between equity and cash to protect profits in rising markets and then reinvest the proceeds when the market is falling.
An AIM users group can be found by using a search engine and the work "LICHELLO" if you care to hear what other AIMers have accomplished. Good luck and AIM High!
The legions of AIM students have discovered over time some of the defects in Lichello's original AIM formulas, such as holding on to too many shares as share prices appreciate in the stratospheric ranges of 200+%, but the beauty of applying his classic system to nontaxable mutual fund investing is that it doesn't matter as much--the built-in diversification of funds, the free switching factor, and the long-term view of retirement accounts cushion against most systemic distortions or market downturns while using this method.
The clever investor may soon realize that there are simpler ways of applying progressions to decision-making about how to harvest upside profits or do downtrend buying, but to novice investors classic AIM in its 3 flavors works very well indeed for the new retirement accounts.
For ideas on how to use Lichello's AIM-like thinking with payroll deduction in addition to the TWINVEST described in this book, consult his other work on SYNCHROVEST.