Transmogrification in the Snider Investment Method

Occasionally in the Snider Investment Method, we will issue a position alert notifying our clients to Transmogrify a position into a new one. This is usually due to a change in the company structure like a buyout or merger or an event that impacts the stock or options, such as options no longer being offered for a position. Without going into too much detail of the Transmogrification process, Transmogrification essentially swaps an old position for a new position.

MoneyShow.com Interview

I recently had the pleasure of being interviewed by MoneyShow.com’s Kate Stalter. Kate does many interviews with market experts as well as financial advisors around the country. We briefly discussed the Snider Investment Method, Snider Advisors, and our new SIM ETF Portfolio. You can listen to the interview or read the transcript here. (Capture Gains with ETFs and Covered Calls)

Transmogrification in the Snider Investment Method: What it does and when to use it

Occasionally in the Snider Investment Method, we will issue a position alert notifying our clients to Transmogrify a position into a new one. This is usually due to a change in the company structure like a buyout or merger or an event that impacts the stock or options, such as options no longer being offered for a position. Without going into too much detail of the Transmogrification process, Transmogrification essentially swaps an old position for a new position.

A Visual Guide to ETFs

After announcing the managed SIM-ETF portfolio we fielded a lot of phone calls from interested clients asking us to further explain exactly what ETF’s are. With over 1,400 exchange traded products on the market, it is not surprising that we regularly get this question, and as we have written before, not all ETFs are created equal.

My First Snider Investment Method Trade

I first started working at Snider Advisors back in May 2005. Since then, I’ve either placed or reviewed over 100,000 Snider Method trades for clients’ accounts. But, today I did something brand new; I placed my first trades in a personal account.

Bid-Ask Spread

What is the difference between the bid price and the ask price? On Trade Day, I frequently receive this question from our clients. When we teach you the Snider Method, we always tell you to look at the bid price when deciding which options to sell, but I commonly run into people asking what the difference between the two is. Hopefully, I can clear up any confusion.

Snider ETF Portfolio: Defined

Since our release of the new Snider Method ETF Portfolio, we have received several calls with interest in implementing the new strategy. The new strategy takes the time tested Traditional Snider Method and implements the use of low-cost ETFs, along with a new allocation system. While we have no reason to stray from the Traditional Snider Method, the new ETF portfolio can offer other values depending on your objectives. Below you will find a list of popular questions that we have been receiving regarding this new strategy.

Overspending in Retirement

As an advisor with a specialty in an income investment strategy, a majority of our clients rely on their portfolios as one of their primary sources of income in retirement. That also means their portfolio needs to be around throughout their entire lifetime. I manage both portfolios as well as client’s expectations in order to help them avoid the devastating possibility of running out of money.

ETFs and the Snider Method

In the Snider Investment Method, positions are typically composed of various individual stocks to generate portfolio income. However, in smaller accounts, Lattco may generate Exchange Traded Funds (ETFs) instead of individual stocks. ETFs are generated in smaller accounts because this helps diversify the portfolio and reduce company specific risk, which is at its greatest when an account only has one or two positions. But what are ETFs and how do they work? Read on to find out.

How Confident are You about Retirement?

Earlier this month, the Employee Benefit Research Institute (EBRI) released their 22nd annual Retirement Confidence Survey. However, the findings of the past several years indicate the report might be more aptly named the lack of confidence survey. Sadly, only 14% of Americans are very confident they will have enough money to live comfortably in retirement.