The AAII Journal

May 2012 Issue

Editor's Note »

Editor's Note

thumbnail for Editor's Note I realize that some of you may view municipal ("muni") bonds as dicey. Headlines about Harrisburg, Pennsylvania, Stockton, California, and other towns in financial trouble have cast a negative light on these securities.

 

Features »

Notes on the Current State of the Muni Bond Market

thumbnail for Notes on the Current State of the Muni Bond Market Muni bond yields are reasonably attractive relative to Treasury yields, and fears about a rise in defaults remain totally misplaced.

 

Features »

The Diversity of Municipal Bonds and What You Need to Know About Risks

thumbnail for The Diversity of Municipal Bonds and What You Need to Know
About Risks The bond market is split between traditional secure securities and those that are riskier, such as bonds tied to private profit-making or nonprofit borrowers.

 

Financial Statements »

The Balance Sheet: Assets, Debts and Equity

thumbnail for The Balance Sheet: Assets, Debts and Equity The balance sheet provides a snapshot of a company’s assets and liabilities at a certain point in time and gives insight into a company’s financial strength.

 

Stock Screens »

Screening for Stocks With Strong Secular Growth

thumbnail for Screening for Stocks With Strong Secular Growth Secular growth companies increase earnings in both good and bad economic cycles. This screen is designed to identify such companies.

 

Financial Planning »

Consumer Financial Protection in the Current Economy

thumbnail for Consumer Financial Protection in the Current Economy Academics and policymakers discuss how to make financial products more effective for consumers and their risks more easily understood.

 

Trading Strategies »

Money From Momentum: Positive Feedback Can Drive Returns

Chasing performance can be a rational response by investors, since they are seeking profits, but there are limitations to following such strategies.

 

AAII Model Portfolios »

Model Mutual Fund and ETF Portfolios: Choosing a Benchmark Isn't Easy

thumbnail for Model Mutual Fund and ETF Portfolios: Choosing a Benchmark Isn't Easy A benchmark should follow the same approach as the portfolio being measured, but the most popular benchmarks measure average portfolio performance.

 
Departments
thumbnail for May 2012 cover article
Cover Article »

Notes on the Current State of the Muni Bond Market

Muni bond yields are reasonably attractive relative to Treasury yields, and fears about a rise in defaults remain totally misplaced.

Cover Article »

The Diversity of Municipal Bonds and What You Need to Know About Risks

The bond market is split between traditional secure securities and those that are riskier, such as bonds tied to private profit-making or nonprofit borrowers.


Topic Archive

Below you can view the complete archives of each AAII Journal topic.