THE AAII JOURNAL SEPTEMBER 2026 ISSUE
COVER ARTICLE
An Opportunistic, and Disciplined, Approach to Small-Cap Investing
Finding good companies trading at reasonable valuations that can be owned for the long term.
Features
in AAII Stock Ideas,Small Cap Value Investing
Tiny Titans Screen Targets Stocks That Institutions Miss
This micro-cap approach for the more aggressive investor focuses on undervalued stocks with strong relative momentum.
in First Cut Stocks,Stock Strategies
Spicy Stocks: High-Beta Stocks Showing Relative Strength
If you are looking for some excitement in your portfolio, these volatile stocks went from laggards to leaders.
in Investor Professor,A+ Stock Grades
Six Ratios for Stock Valuation
Valuation assessments are based on financial ratios that determine how much investors are willing to pay for a stock.
in AAII How-To,Portfolio Strategies,ETFs and Mutual Funds
Customize How You Track Your ETFs and Mutual Funds
We’ve added a new feature to My Portfolio that will help you better track the ETFs and mutual funds you own.
in Computerized Investing,Portfolio Strategies
Using Portfolio Visualizer to Test Allocation Strategies
A website that offers a simple way to compare projected results of various portfolio scenarios.
in AAII + BetterInvesting,Portfolio Strategies
What’s Wrong With Wall Street Wisdom?
Some of Wall Street’s most cited maxims aren’t suitable for individual investors.
in AAII Sentiment Investing,Trading Strategies
Gauging the Strength of Market Trends With the A/D Line
The Advance/Decline line gives context to an index’s movement by looking at how many stocks are going up and how many are going down.
in Behavioral Finance
Costly Cognitive Biases and How Best to Manage Them
The key to managing our biases is to become knowledgeable about how we think when investing.
Notes & Opinions
in Editor's Note,Small Cap Value Investing
Two Strategies to Take Advantage of the Small-Cap Rally
With small-cap stocks having a good year in 2026, we offer suggestions for finding and analyzing undervalued small caps via two different approaches.
in AAII Community,Portfolio Strategies
Where Would You Put New Money Right Now?
More than halfway through 2026, one question is rising in many investors’ minds: What should I do with my next dollar?
in Local Chapters
How One Local Chapter Finds Outstanding Speakers
The AAII Los Angeles Chapter presents 10 programs each year, featuring two speakers at every event.
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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