AmericanEagleFO

Without pushing for your own agenda (said for legal reasons) what are you investing in right now? I've just started taking over my own Roth IRA and I have been forced to learn quick or lose money. I don't like losing money. I've been doing pretty good with these few stocks, what do you guys think?

FAS
BAC
WFC
C
F
GE
ATVI
DRYS
TEX
QQQQ
CAT

I've been looking for some short term and long term. I was thinking about a 50% short, 40% long, and a 10% cash distribution of my investments. Also, how do you decide and analyze your stocks? What charts do you use? How do you trade? I am currently using scottrade. They seem to be doing quite well for me. I am looking for advice, reassurance but I take critisizm well so just let me know.

DAL 88 Driver

I use the Snider Investment Method for all my investments. Couldn't be happier with my results including last year and this year (been doing this for a little over four years so far). I spend about 3 hours, one day per month doing this, have averaged around 13% annual yield (return), and it has a risk profile that lets me sleep at night... I don't worry about my investments, the ups and downs of the market, the Dow, etc.

You can check it out at Financial Success: Snider Advisors. They teach the method in a 2-day class in Dallas or you can take the online version of the course. (You learn the same thing either way.)

And, in case you're wondering, I don't have any agenda or incentive to recommend this. I hope you find it helpful.

HoursHore

"Your ideas intrigue me and I wish to subscribe to our newsletter."

Seriously, whats the costs? Can you describe some her highpoints of investing strategy? Her website piqued my interest.

After that guy who handled a lot of Delta pilot's money jumped out of the airplane I am a little leery of places that cater to pilots.

DAL 88 Driver

I think Snider's web site does a pretty good job of describing the "highpoints" of the investing strategy. I could spend a lot of time here reinventing the wheel... but I think you can get a good, general overview by browsing through their web site. If you have specific questions, I'll be glad to do my best to answer them.

As far as costs... The cost of the course is not cheap. But then losing money in your retirement account isn't cheap either. The course is $2500 (online or live). You are basically just paying them to teach you how to do the method. After that, you pay them $10/month for customer support and then $30 in months that you use their stock screener to open new positions. The only other costs are the commissions you pay your online brokerage firm on your trades. Since the method only has you do trades one day each month, those commission costs are pretty minimal. In any case, the commission costs are included in the yield (return) calculations.

I hear ya about the reputation of pilots as investors! As a group, we do not have a good track record. All I can say is I have been doing this for four years. My results have been excellent... especially considering what's been going on with the market. And I am very comfortable with the risk/reward profile and the structure of this method for meeting my retirement objectives. My suggestion is to take a good look at everything on their web site, feel free to post any specific questions and I'll do my best to answer them, and also don't hesitate to call Snider Advisors with any questions. They are genuinely helpful people and not "salesy" or pushy at all.

Hope this helps.

DAL 88 Driver

Oh... I almost forgot... Kim Snider has put together a free online investor briefing customized for airline pilots. If you want to get a very thorough understanding of her investment philosophy, why she developed the Snider Investment Method and how it can solve the retirement puzzle for many people, this would be well worth a couple hours of your time. I believe she has several dates currently scheduled for this briefing. Here's the link where you can find out more about it: https://www.kimsnider.com/MySnider/W...tBriefing.aspx

Thedude

What exactly is the Snider method? I have done some searching and I can't really find anything other than it costs around $3k to go to one of the seminars. Now we have DAL 88 driver touting the benefits of it but he/she is a new poster and hasn't really put up any other info other than a few specks of financial info. A little suspicious to me.

DAL 88 Driver

I'm not trying to convince anyone of anything. I am simply trying to share something that has worked well for me and that I think could be beneficial to others here. It doesn't make one bit of difference to me whether you do the Snider Method or not.

If you did "some searching" and that's all you found, then you didn't do very much searching. Just Google it and you will find plenty... most of which is on their web site: www.snideradvisors.com

On a side note... I want clarify something I posted earlier that might be confusing. I referenced doing the Snider Method in retirement accounts. We are fortunate at Delta in that we have a brokerage link that is basically unrestricted and has everything needed to do the method. Most 401k's are limited to mutual funds and would not have the capability of doing the Snider Method. Just wanted to clear that up.

Oh... and I hear the black helicopters outside so I gotta run!