The AAII Journal

October 2002 Issue

Bonds »

What You Need to Know About Investing in Municipal Bonds

thumbnail for What You Need to Know About Investing in Municipal Bonds Munis deserve their popularity among individual investors. They are sound and relatively uncomplicated instruments. Nonetheless, buying individual municipal bonds is not quite as simple as buying Treasuries.

 

Estate Planning »

Estate Planning: Should a Trust Be the Beneficiary of Your IRA?

Until recently, conflicting tax laws, and a lack of IRS guidance made it difficult to name trusts as beneficiaries of retirement plan assets. New rules make it easier to take advantage of the tax and estate planning benefits of trusts.

 

A Matter of Opinion »

Asset Allocation Approaches: Building From the Bottom Up

To reduce risk, an investor needs to add to his portfolio holdings that have both good prospects and low correlations with other holdings. Whether those assets belong to a particular class is not important.

 

Portfolio Manager Interview »

An Interview with Mark Johnson, USAA Precious Metals and Minerals Fund

Prospecting for profits in the volatile precious metals markets.

 

Portfolio Strategies »

The Shrinking Equity Premium and What It Means to Investors

thumbnail for The Shrinking Equity Premium and What It Means to Investors There is an emerging consensus among academics that the equity premium looking forward is significantly less than the traditional estimate. Current estimates imply a 5% to 7% annual future return for an all-stock portfolio.

 

Stock Screens »

Dividends Count: Screening for Undervalued Stocks With Lower Risk

thumbnail for Dividends Count: Screening for Undervalued Stocks With Lower Risk If a stock's price rises faster than its dividend, the dividend yield will fall, indicating the price may have been bid up too far. Conversely, if the yield rises to a high level, the stock may be poised for an increase.

 

Mutual Funds »

One-Stop Mutual Fund Shopping: A Guide to the Discount Brokers

thumbnail for One-Stop Mutual Fund Shopping: A Guide to the Discount Brokers Switching funds within a family is relatively easy, but switching among fund families has significant costs in time and paperwork. With mutual fund supermarkets, one phone call will do it.

 

Bonds »

What You Need to know About Investing in Municipal Bonds

thumbnail for What You Need to know About Investing in Municipal Bonds Munis deserve their popularity among individual investors. They are sound and relatively uncomplicated instruments. Nonetheless, buying individual municipal bonds is not quite as simple as buying Treasuries.