The AAII Journal

October 2001 Issue

Features »

The Investment Implications of Lower Stock Return Prospects

thumbnail for The Investment Implications of Lower Stock Return Prospects Portfolio Strategies: There is a strong consensus among academics and professionals that long-run U.S. stock prospects are below average. Market multiples, which even with the market decline are well above average, suggest below-average future prospects.

 

Features »

Using Price-to-Sales Ratios for Out-of-Favor Stocks

thumbnail for Using Price-to-Sales Ratios for Out-of-Favor Stocks Stock Screening: Proponents of price-to-sales ratios argue that sales-based valuations are better than earnings-based ones because sales is subject to fewer assumptions, interpretations and manipulations.

 

Features »

International Investing: It Still Makes Sense to Diversify

thumbnail for International Investing: It Still Makes Sense to Diversify Mutual Funds: Correlations among the world's major markets often converge during brief U.S. market shocks. The heavy selling typically produces a worldwide domino effect during severe global traumas.

 

Features »

An Interview With Mary Miller, Portfolio Manager, T. Rowe Price Tax-Free Income

thumbnail for An Interview With Mary Miller, Portfolio Manager, T. Rowe Price Tax-Free Income Feature: Attaining compelling aftertax returns in the high-grade municipal market.

 

Features »

Tax Relief and the Changes to the Estate and Gift Laws

thumbnail for Tax Relief and the Changes to the Estate and Gift Laws Tax Strategies: The prospect of the eventual estate tax repeal in 2010 seems to contains the promise of simplified estate planning, but the promise may be more illusion than reality. For the rest of the decade, the estate tax will be in constant flux.

 

Features »

Arms' Ease of Movement: Adding Volume to the Equation

thumbnail for Arms' Ease of Movement: Adding Volume to the Equation Technical Analysis: Equivolume is a method that places price activity and trading volume on an equal footing. Volume analysis is useful in identifying levels of support and resistance as well as points where these levels are broken.

 
Cover Article »

The Investment Implications of Lower Stock Return Prospects

Portfolio Strategies: There is a strong consensus among academics and professionals that long-run U.S. stock prospects are below average. Market multiples, which even with the market decline are well above average, suggest below-average future prospects.

Cover Article »

Using Price-to-Sales Ratios for Out-of-Favor Stocks

Stock Screening: Proponents of price-to-sales ratios argue that sales-based valuations are better than earnings-based ones because sales is subject to fewer assumptions, interpretations and manipulations.

Cover Article »

International Investing: It Still Makes Sense to Diversify

Mutual Funds: Correlations among the world's major markets often converge during brief U.S. market shocks. The heavy selling typically produces a worldwide domino effect during severe global traumas.

Cover Article »

An Interview With Mary Miller, Portfolio Manager, T. Rowe Price Tax-Free Income

Feature: Attaining compelling aftertax returns in the high-grade municipal market.

Cover Article »

Tax Relief and the Changes to the Estate and Gift Laws

Tax Strategies: The prospect of the eventual estate tax repeal in 2010 seems to contains the promise of simplified estate planning, but the promise may be more illusion than reality. For the rest of the decade, the estate tax will be in constant flux.

Cover Article »

Arms' Ease of Movement: Adding Volume to the Equation

Technical Analysis: Equivolume is a method that places price activity and trading volume on an equal footing. Volume analysis is useful in identifying levels of support and resistance as well as points where these levels are broken.


Topic Archive

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