The AAII Journal
August 2007 Issue
Getting Started »
American Depositary Receipts
An American depositary receipt (ADR) represents shares of a non-U.S. publicly traded company and is traded on the U.S. exchanges. ADRs make it easier for U.S.-based investors to buy and sell foreign stocks.
Features »
Will the Real P/E Please Stand Up?
There are many ways to calculate price-earnings ratios, and they provide a wealth of information about stock expectations.
Stock Strategies »
LBOs: Winners and Losers in the Buyout Game
The LBO boom shows no signs of abating, producing winners and losers among investors. A look at how some portfolio managers have been coping--and what it means to investors in general.
AAII Model Portfolios »
Model ETF Portfolio Adds Foreign Funds to the Mix
A closer look at AAII's new experimental ETF portfolio, including which ETFs are in the portfolio, the selection rationale, and why foreign ETFs are being added.
Stock Screens »
A Top-Line Approach: The Price-to-Sales Ratio Screen
Price-to-sales ratios came into their own during the dot-com era, when earnings-based valuation models proved useless. Several years after the bursting of the Internet bubble, price-to-sales ratios continue to be a useful stock selection methodology. A look at one approach
AAII Model Portfolios »
Mutual Fund Portfolio Tracks Market, Stumbles and All
The Mutual Fund Portfolio is doing well year-to-date, up 9.7% compared to 7.5% for the total stock market. A portfolio review.
Insurance Products »
Protect Your Assets: Don't Neglect Disability Insurance
Disability insurance protects a valuable asset--a worker's ability to earn a living. What to look for in your disability coverage--and how to ensure that you have enough insurance.
Offbeat Offerings »
Offbeat Offerings: American Depositary Receipts
An investor reference for products that are not your typical offerings. This issue's focus is on American Depositary Receipts (ADRs).
First Cut »
The First Cut: Low P/E Relative
A starting point for investors. This issue's focus is on companies with the lowest current P/E relatives versus their five-year average.
Investor Professor »
Will the Real P/E Please Stand Up?
A brush-up on basic investing terms and concepts. This issue explores the many ways to calculate P/Es and the wealth of information they provide about expectations.
Hot Links »
Getting an Options Education On-Line
In the good old days, options primarily covered equities—in other words, the underlying instrument was a stock. But the option universe has expanded immensely. Where to go on-line to learn more.
- Briefly Noted
Current news items of interest to individual investors. - Letters to the Editor
Member questions and comments on recent AAII Journal articles. - Briefly Noted
Current news items of interest to individual investors.
Will the Real P/E Please Stand Up?
There are many ways to calculate price-earnings ratios, and they provide a wealth of information about stock expectations.
Topic Archive
Below you can view the complete archives of each AAII Journal topic.

