bosley
- 20 Feb 2004 09:34
greekman
- 10 Feb 2011 17:45
- 27111 of 27111
Hi Hangon,
An excellent summing up of 'most' probably about 90% plus of AIM listed companies.
AIM as it is, is about as regulated as a Ponzi scheme.
But even saying that, I don't feel that it should be avoided altogether.
Early on in my investing I concentrated on FTSE 100 companies, but got fed up with the fairly steady profit over the years. I wanted more excitement so I turned to the AIM. I fully admit the first couple of years investing in this market cost me a fair bit of cash, but now I research any company I invest in, in depth, sometimes tracking a company for a couple of months before deciding to commit. I am finding that over the last 5 years I am around 40% up in my AIM portfolio.
As my main 3 companies that I have been in for 2 to 6 years are (hopefully) just about to release monumentally good news, I expect to double my current profit within the next 12 to 18 months.
My philosophy is that if you say invest 4000 split equally between 4 companies, 2 go bust, 1 stays static and the other is a 3 bagger then I would be 1000 up.
As already said, up to now I am in decent profit, so it works for me.
I appreciate that if you are investing for say a pension or income then the AIM market is not for you. Not for widows and orphans as they say, but for pure excitement and the chance of hitting that jackpot then you can't beat it. As long of course that you only invest what you can afford to loose and don't loose heart when that 50% of AIM companies invested in sinks never to surface again.
Regards Greek.