The minimum is $25K. Although I'm a little hesitant to recommend it at that level. You would only have one position at $25K up to (I think, off the top of my head) about $80K. If you happened to get unlucky and get a position that went into a long winter, it would be pretty frustrating. The method puts you into an ETF in a one position account so as to eliminate the possibility of bankruptcy. Honestly, I don't know of anything else I would recommend in place of the method. I'd probably still do it at that level. But I'm a little squeamish recommending it to someone else with a small account. With $100k, you'd probably have two positions, maybe three. That gets more into my comfort zone.

wow, still totally confused. i have a serious financial background and can not for the life of me see what you are saying. this smacks of the usual too good to be true investment. if you have a GOOD stock it will be quickly called away and you lose all that appreciation. by definition the only stocks you can hold on to are BAD stocks that don't appreciate. I am guessing that with your top secret formula you somehow come out ahead after expenses holding these bad stocks? seems incredible that wall street hasn't jumped on this bandwagon. why isn't warren buffet in on this? do you truly believe snider has invented a new wheel? or has she reinvented another too good to be true wheel? bottom line- if you used true, accepted accounting methods that included your losses, even if currently unrealized, and expenses as well as gains, what is your true return? the problem that leaps out is that believers are so quick to protest that you can't compare the snider returns against any other normal methodology. it seems like too great a proportion of these seminars you pay for are devoted to this area. and again it seems you are taking on faith that your holdings will at some point exceed your purchase price, quite a leap if history is any guide. otherwise you will have losses when you finally liquidate these positions. at that point what is your true return? there is quite a bit of legalese surrounding this in the snider literature i am led to believe, is that not true? is that intended to protect her or you i wonder?

In the six years I've been doing this, I have closed out many, many positions. Never had a single one close at a loss... even the way you measure it. :eek:

That seems like good investing. Buy a stock and sell it at a higher price. Picking a good stock is key. Does this method tell you what to look for in a good stock?

Fyp, most guys who do ALPA work that are not reps do not get trip drops, do our ALPA work on our off time and still fly to ALV+15 on reserve. I have broken guarantee almost every month for the last year sitting on reserve, and not gotten on trip drop. Those that do are doing Committee work or National work in an area that has the funds.

It is a misnomer to think that most guys are dropping trips to do ALPA work.

dal88,

I started with just 50 grand to test the waters and learn about options. Works quite well with FO pay!!

Stagger Lee,

I hope all my stocks get called away every single month. That way I make money on the call and a bit more on the sale of the stock. I'm not looking for giant gains where you buy low and sell high. I'm looking for consistency.

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?

Glad to know it's working well for you, hoser. You mean you don't lay awake at night worrying about what would happen if you left your account up on your computer, and the cat walked across the keyboard and accidentally sold your stock at the wrong time? :eek:

Dude, that low carb thing is messing with your brain... :)

DeadHead for the Win!

(Winning!!!?)