Page 21 - What is the Squad List?

Having decided what commodities you want to invest in (we can chat about this in more detail in the Free 30-minute phone call you can have), the next step is to decide how you want to do it—there are often several different ways. The “how” is Step Two.
For example, you may want to look at funds. These typically hold many different companies, but there’s an annual management fee to pay and invariably some sort of hurdle (so the manager sometimes pockets a percentage of the return over a certain amount). I don’t like this; if they lose your money – you lose, but if they make some, they might be entitled to some of the gains.
You may want to have a fund as part of your portfolio – it’s very much up to you. Given they tend to be large, it could be a suitable way to get exposure to riskier assets, but you need to be realistic about the returns. Whilst a fund could give you some decent returns, it’s unlikely to make you rich.
Personally, I’m comfortable with higher risk and like to try and manage that by investing in several companies to create my own “mini fund” so I tend to look at individual companies, but it’s important that you pick a strategy that’s right for you (step three!). In the case of gold, you can also own the physical metal, which you can store and insure away from your home. A lot of people think you have to take delivery of it, which is simply not true.
Back to investing. There are many different ways you can get involved and you need to work out how you want to do it.
In the case of commodity companies, when I’m building my portfolio I use my B.R.I.D.G.E. system to decide which ones I want to have on my long list (more on that later). Again, I go into more detail about this in my book, newsletters and reports.
Let me walk you through what I, as a professional investor, do.
You want to start with a blank piece of paper. On it I’m going to put a list of the commodities I want to invest in.
19