Cursing myself for a fool, I started looking into it…and bought the Kindle version of the damn thing from Amazon. I checked out of the store and headed home…only to be plagued by thoughts of that ridiculous book. What a preposterous title! What moron would fall for something like that? “How to Make $1,000,000 in the Stock Market Automatically.” Yeah, right. Then – I kid you not – I saw an ad or something (I can’t remember now exactly what it was) for this ridiculous sounding book in one of those spinning racks in a grocery store somewhere. So, despondent and beaten, I sat out for a while, with everything in cash on the side while the market did its thing, mostly rising. But I also realized that, like it or not, the stock market is the best way to leverage your money and build wealth…IF you can find a system that works for you, and if you can stomach it. Worse, I felt like I was caught in an endless cycle of frustration. I hadn’t lost my shirt, but enough to sting. I certainly won some decent trades, but I lost a fair bit more, and my net balance was in the red. The market is driven by fear and greed, and despite my best efforts to stick to a given plan, fear eventually won out. Unfortunately, I simply don’t have that emotional fortitude. Many of them will make you money if you have a cast-iron will and can steel yourself to the inevitable losses that almost all of these systems incur, in exchange for the less frequent large wins that, over time, will generally move you ahead. I’ve been trading in the stock market for going on five years now, and I’ll wager that at one point or another I’ve tried virtually every “trading system” out there. Moreover, you don’t have to start out with a ton of money: you could take even $500 or $1,000 and put it to work without losing sleep. There’s no gimmick and no gotchas to this system, and anyone can do it. Just as important, I stopped having ulcers about what the market was doing!Īfter years of banging his head against the wall, Lichello came up with a simple math-based approach to investing that, using stocks with significant volatility, has the potential to generate huge returns over time with very minimal risk. I’m not going to claim that I’ve made a million bucks (yet, but I’m working on it) by following the amazingly simple formula offered in this book, but after I started using AIM my portfolio started gaining rather than losing, so I’m going to claim that as a win. Heads-up: some of the links in this post are Amazon affiliate links, which means if you happen to buy something, Amazon gives me a little moolah.Īutomatic Investment Mangement, or AIM, is an amazing concept once you get past the outrageous-sounding title of Robert Lichello’s book, How to Make $1,000,000 in the Stock Market Automatically.
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