Originally Posted by
DAL 88 Driver
Sigh...
That's not the objective of this method. Yes, it is designed so that you never sell stock for a loss. But it is NOT designed to make much on the sale of the stock when you do sell it. You do generally make
some capital appreciation. But the vast majority of the return comes from the cash flow that is generated
while you own the stock. Have I mentioned that is the objective?
Yes, the method screens for stocks that are good candidates for generating cash flow and are not likely to go bankrupt. There is no attempt being made to predict whether a stock is going to go up or down over any particular time frame.
Maybe we need to get our own thread to discuss this over in the "Money" section?
I think the fact that you followers have spent 5 pages and 10 hours defending the "Snider Method" confirms to me that it's all BS. If I learned the holy Grail to investing (that cost me $2500 to obtain) I certainly wouldn't be trying to sell people on it. I'd quietly be sitting back and watching myself get rich.
I'll stick to the old fashion - Warren Buffet method of investing, I.e., P/E ratio and lots and lots of research.