Letters

Editor's Note
Editor's Note
At look at what's in the July 2012 AAII Journal.

Financial Planning
Finding the Right Withdrawal Rate: One Key to Portfolio Sustainability
A proper withdrawal approach ensures your retirement savings last, and allows you to separate your allocation decisions from your income needs.

Financial Statements
The Cash Flow Statement: Tracing the Sources and Uses of Cash
The cash flow statement links the balance sheet and the income statement, showing how a company generated and spent its cash.

Portfolio Strategies
The Good Investor Rule: Focus on How Not to Lose Money
Many investors place on emphasis on making money, but successful investors focus more on how not to lose money.

Stock Strategies
An Insider’s Look at Brokerage Research
Executives pressure analysts to publish positive commentary, but there are warning signs individual investors can identify.

Financial Planning
Behavioral Errors Hurt Your Returns
Individual investors hurt their performance by buying and selling too often, picking the wrong securities to trade, and being overconfident.

Portfolio Strategies
The Rationale for Investing in Emerging Markets
Emerging market countries account for about 36% of global GDP, are experiencing faster growth and offer diversification benefits.

Insurance Products
A Primer on Insurance Products
Practical commentary on using life insurance, long-term care insurance, disability insurance and annuity products.

AAII Model Portfolios
Despite Uncertainty, Model Shadow Stock Portfolio Still Positive for 2012
Global and domestic uncertainty hurt returns in May, but even with the pullback, the portfolio is up 9.1% year-to-date.

Retired Investor
Allocating for Final Goals
Allocating for expenditures such as a charitable legacy simply requires budgeting and segregating the amount away from your retirement savings.