THE AAII JOURNAL AUGUST 2026 ISSUE
COVER ARTICLE
Trump Accounts: Key Rules to Know Before You Contribute
The positives and caveats to consider with the new Trump Accounts.
Features
in Financial Planning,Advisers,Portfolio Strategies
What to Do When You Get a Large Windfall
Regardless of where newfound wealth comes from, it’s important to prepare to manage it properly.
in Portfolio Strategies,Exchange-Traded Funds,Bonds,Closed-End Funds,Fixed-Income Strategies
Tax-Advantaged Income From Muni Closed-End Funds and ETFs
Closed-end muni bond funds or muni bond ETFs may make sense for those in high tax brackets in search of income.
in ETFs and Mutual Funds,Mutual Funds,Exchange-Traded Funds,Asset Allocation
Customizing Your Mid-Cap Allocation With ETFs and Mutual Funds
An examination of the ETF and mutual fund options that can fill the mid-cap domestic equity portion of a portfolio.
in Quarterly ETF Update,ETFs and Mutual Funds,Mutual Funds,Exchange-Traded Funds,Quarterly Mutual Fund Update
Semiconductors Process Big Second-Quarter Gains
The top 25 and bottom 25 exchange-traded funds (ETFs) and mutual funds for the second quarter of 2026.
in First Cut Stocks,Market Actions
Best-Performing S&P Composite 1500 Stocks at Midpoint 2026
One of the clearest themes during the first half of 2026 was the remarkable breadth of the artificial intelligence (AI) investment cycle.
in First Cut Stocks,Market Actions
Worst-Performing S&P Composite 1500 Stocks at Midpoint 2026
Many of the largest declines occurred in software, IT services and enterprise application companies as investors favored businesses supplying the semiconductor, memory and data-center ecosystem.
in Trading Strategies,Retirement Planning,Options Strategies
Covered Call Writing as a Supplemental Income Strategy
Selling call options can offer a third income stream when the strategy’s risks are understood.
in Stock Strategies,Digital Assets
A New Form of Share Ownership: Issuer-Sponsored Tokens
With an IST, the token is the security and is held in a digital wallet.
Notes & Opinions
in Editor's Note,Digital Assets
A New Type of Stock Ownership Is Coming
A big step toward changing the format in which you can hold shares of stock occurred recently.
in AAII Community,Financial Planning
Midyear Checkups: AAII Members Weigh in With Disparate Opinions
A lively exchange on performing a midyear financial checkup brought out wildly different philosophies among AAII members.
in Local Chapters
AAII Local Chapters Can Make You More Intelligent About Investing in AI
AAII local chapters help combat investing misinformation by offering meetings where real people have real conversations and get real answers to their questions.
The AAII Journal, a leading investment publication, provides readers with a continuing stream of insights and ideas that focus on how you can improve your investment results. Unlike many investment magazines, ours is completely unbiased, educational and contains no advertising.
AAII has published this prestigious financial journal every month for more than 40 years. Members receive it for free and have access to thousands of evergreen articles online so they can reference information and strategies for previous market situations with a few clicks of the mouse.
Our stock journal helps individual investors manage their portfolios, build sound investment strategies and navigate all types of financial conditions. Articles range from optimizing target-date fund portfolios to retirement account withdrawal strategies and analysis on robo-advisor performance.
The magazine also has recurring features our members find invaluable. Every quarter, we dissect our model stock portfolio and provide updates to its holdings and performance. This analysis helps individual investors manage small-cap value investments.
We also offer an annual tax guide in our financial magazine. This detailed investment magazine issue covers many details that individual investors need to consider when filing their taxes. It keeps readers updated on any recent changes to tax laws and provisions and provides a handy guide to tax implications of personal investments to cut through any tax filing confusion.
Another annual feature covers ETFs (exchange-traded funds) and mutual funds. This edition helps individual investors understand what to look for when investing in funds. Online, we accompany those articles with sortable tables so that members have an interactive component to their investment research. This helps individual investors plan their portfolios and invest with confidence.
Other regular features in the AAII Journal include financial planning, stock ideas and investor professor. Financial planning articles walk investors through the process and difficulties of crafting strategies for creating wealth regardless of age. They also cover difficult situations, such as estate planning, and helpful advice for getting kids and grandchildren interested in investing.
Stock ideas, as the name implies, give readers a peek at new screens and the stocks that pass them. This part of our investing magazine helps readers identify new opportunities in the markets, flagged by a mix of quantitative and qualitative analysis. Because we all, as investors, need ideas, this remains one of the most popular categories.
Investor professor helps readers invest with knowledge and confidence. It deals with contingencies, such as “What happens to your investment if a company goes bankrupt?” and gives actionable advice on what resources you should use when considering a new broker. Our readers enjoy this section because of its practicality and enduring tips.
Frequent internal contributors include president John Bajkowski; AAII Journal editor and vice president Charles Rotblut; Stock Superstars Report lead analyst Wayne A. Thorp; and Dividend Investing editor Derek Hageman. Together, these internal contributors have nearly a century of market wisdom and research, which they share with clear and concise prose to help individual investors improve their knowledge and portfolios.
The AAII Journal also includes frequent guest contributions from the financial and economic space. Articles from outside industry experts differentiate our financial magazine from others and provide additional points of view for our readers. Previous guest authors have included John C. Bogle, founder of Vanguard; Jay Clayton, chairman of the U.S. Securities and Exchange Commission; Charles Schwab; and Nobel laureate and Yale professor Robert Shiller.
We hope you’ll enjoy our articles and, if you’re not a member, consider joining the Association so you can get our prestigious magazine sent to your door every month.
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