Originally Posted by
scambo1
I dont know how the snyder method makes big gains, my (basic) sense is that it aims to mitigate risk while also producing a budgetable "income," kind of like an annuity or 15 rental houses. My aim is to make big gains, consistently, with the goal of completely extricating myself from the citizen/slave dream. At some point, the dollar will be dethroned. The process will be methodically slow, but if you arent paying attention it will seem to happen overnight. The question is, how do you want to be positioned when the dollar becomes the ruble (of the early '90s).
Sorry for the pontification in the last paragraph, it wasnt my intent, but I decided to leave it in.
The objective of the method is to make a consistent 12% (annual) cash flow yield on the stake in the account. For the 6 1/2 years I've been doing it, this is exactly what I have experienced. I don't know how you define "big gains"... but a consistent 12% annually over the long run is pretty darn good. I think it does this with a fairly conservative balance of risk and reward. But that's just my opinion. I'm a pilot... so take that FWIW!
I'm also pretty risk averse. So shooting for the stars (and the risk that accompanies that) is not something I want to do with my retirement portfolio.
I'm curious. How does investing in ETF's get you out of the dollar? And what do you envision getting into if things unfold the way you believe they will?