As you’re probably very well aware, the Snider Investment Method is at the center of Snider Advisors’ business. It is the primary tool we use in our asset management services and the cornerstone of all of our financial education courses. Of course, people often ask. “What is the Snider Method?” When we say, something like, “the Snider Method is a long-term investment strategy that focuses on producing portfolio income through a specific system of using stocks, options, and cash management techniques, we can tell they’re right along with us until we mention the “O” word…options.
Stock Basics: What is “the market?”
You’ve probably heard talk on the news about how the market was up or down. When people discuss “the market,” they are actually referring to a market index. A market index measures a specific section of the stock market and helps investors evaluate how well the market, or at least a particular section of the market, is doing. Although there are a number of indices, the three that are most commonly referred to and quoted are the Dow Jones Industrial Average, the Standard & Poor’s 500, and the NASDAQ Composite Index.
Vacation with a Twist
Now is the time of year when many of us have vacation on the brain. After feeling slightly cooped up by the winter cold, you may find yourself dreaming of lounging on the beach cozying up to a good book and a pina colada. But if you’re within 5 years of retirement, taking a slightly different approach to your vacation may be a wiser use of your vacation time.
Financial Advice on a Napkin
I recently read The Behavior Gap by Carl Richards. It’s an enjoyable read, loaded with good, practical advice and the type of rational common sense we all should possess. While I don’t think Richards is saying anything you haven’t heard before, especially if you been a long time reader of Kim Snider and Snider Advisors’ blog, he does say it in an interesting way.
8 Steps to Change Your Investment Strategy
Are you interested in the Snider Investment Method but not sure how to get started? Here are 8 straightforward steps to get you on the right track.
How Maslow Can Save You from the Blues
According to British researcher Cliff Arnall, the third Monday of January is the most depressing day of the year. Arnall calls it, “Blue Monday.” While some make a reasonable argument that Arnall’s theory is based on pseudoscience, I personally wonder if Arnall may be on to something.
Five New Year’s Resolutions to Reconsider
by Shelley Seagler A recent study published in the University of Scranton’s Journal of Clinical Psychology indicates that 45 percent of Americans will make New Year’s resolutions next week. Some resolutions look good on paper, but unless they are executed appropriately, they may actually be counter-productive. Moreover, just because a resolution seems like the right thing to do, doesn’t mean it …
Creating Perfectly Powerful Passwords
If you’re like me, you decided that it was better to find the perfect Christmas gift while sitting in front of a computer screen instead of fighting the crowds at the mall. In fact earlier this year, the National Retail Federation estimated that 51.8% of U.S. Consumers would shop online this holiday season.
However, shopping online isn’t without its own set of hassles and perils. Perhaps the most common online shopping mistake is using passwords that can be easily hacked. Luckily, this error can be remedied with just a little effort.
Financial Surprises for Baby Boomers
Last month, the National Center for Policy Analysis published a new report, How Are Baby Boomers Spending Their Money?
Is the Snider Method Right for You?
Deciding how you will use your retirement portfolio to create sustainable income when you are no longer willing or able to work is one the most important financial decisions you’ll ever make. But it is certainly not the easiest. At Snider Advisors, we are clearly biased, but we believe the Snider Investment Method® addresses the need for producing retirement income like no other investment approach, to date, has.