The AAII Journal

February 2003 Issue

Asset Allocation »

Five Big Lessons From Market History

The period from 1987 to 2002 encompassed the extremes, including two severe bear markets and one long bull market. How would various asset allocation strategies have fared during this time period? A valuable financial market history lesson.

 

Stock Screens »

Shadow Stock Rookies: What the Newcomers Look Like

thumbnail for Shadow Stock Rookies: What the Newcomers Look Like The price-earnings ratios for the Shadow Stock rookies range from 3.2 for freight carrier B&H Ocean Carriers, to 102.6 for OYO Geospace Corp., a maker of seismic data instruments.

 

Fixed-Income Strategies »

In Today's Investment Environment, Bank CDs Deserve a Fresh Look

With rising bond default rates and the lowest Treasury yields in more than a generation, investors would be wise to reconsider long-term bank time deposits as a way to earn safe returns in excess of money market yields.

 

Portfolio Manager Interview »

Another Interview With Donald Yacktman, President and Portfolio Manager, The Yac

A search for good businesses and good management at good prices.

 

Bonds »

Putting Together a Portfolio of Municipal Bond Investments

thumbnail for Putting Together a Portfolio of Municipal Bond Investments Any decision you make about fixed-income investments regarding maturities will involve trade-offs between the amount of income generated by your portfolio and the risk to the value of principal.

 

Stock Strategies »

The Predictive Power of Price-Earnings and Price-Sales Ratios

Both price-earnings and price-sales ratios are significant factors in predicting future stock price performance over the next year.

 

Portfolio Strategies »

Ten Lessons You Should Learn From Recent Market History

thumbnail for Ten Lessons You Should Learn From Recent Market History A review of returns from 1987 through 2002, encompassing both strong bull and fierce bear markets, shows that a fixed-weight portfolio that includes both bonds and stocks and is rebalanced annually is One Good Strategy.

 

Stock Screens »

Out of Wall Street's Spotlights: AAII's 2003 Shadow Stock Listing

thumbnail for Out of Wall Street's Spotlights: AAII's 2003 Shadow Stock Listing This year's list consists of 159 companies, including 44 newcomers. Detailed financial data for all 159 Shadow Stocks is available in spreadsheet form in the Download Library area under Files from AAII.