Many articles listed below have appeared in the "AAII Journal," an excellent and inexpensive source of information on investing and investor education.

• Tug of War in the Bond Market
  There's an extreme tug of war taking place in the bond market: It is between the deficit doves and the deficit hawks. You cannot be a bond investor today without letting politics creep into your decision-making psyche.
• Best Practices for Portfolio Rebalancing
  The primary goal of a rebalancing strategy is to minimize risk relative to a target asset allocation, rather than to maximize returns. It is well documented that a portfolio's asset allocation is the major determinant of a portfolio's riskand- return characteristics (assuming a well-diversifi ed portfolio that engages in limited market timing).
• The Advantages of Diversification and Rebalancing
  Diversifi cation and regular portfolio rebalancing provide measurable benefits to investors. This statement holds true even though the last decade bought two bear markets for stocks and the outlook for the future is currently anything but certain.
• The Role of Inflation-Indexed Annuities
  The decline of defined benefit pension plans means that the average citizen is now responsible for building a personal portfolio, managing that portfolio, and then, in retirement, deftly withdrawing from that portfolio just the right amount of cash each year for living expenses.
• International Diversification: Why It Still Makes Sense
  In November 1983, I wrote an article for the AAII Journal about the benefits of international diversification. At that time, very few investors even considered international diversification as an investment option. In almost 30 years since that article was written the world has changed.
• TIPS and the Nature of Inflation Protection
  The Federal Reserve Board’s aggressive and accommodative measures to bring down interest rates, thereby stimulating the economy, continue to raise concerns about future inflation, even while many feared the economy could be heading into a prolonged deflationary period. In turn, the prospect of higher inflation has sparked considerable investor interest in Treasury Inflation-Protected Securities (TIPS) and other inflation-hedging assets.
• Is Now the Time to Add Commodities?
  With the recent increase in equity volatility, commodity investments have garnered significant attention from investors. Previous research has found substantial benefits associated with commodity investments, but there remains considerable uncertainty regarding the consistency and general applicability of those benefits for equity investors.
• AAII's Best of the Net
  As the Internet continues to evolve, so does our annual Best of the Net Guide. The 14th edition highlights many of the websites that have won our praise for many years, as well as several newcomers. In addition, we’re paying more attention to whether a site provides videos, a medium that is almost ubiquitous.
• The Individual Investor's Guide to Exchange-Traded Funds: 2010
  Exchange-traded funds (ETFs) continue to grow in popularity. There are now approximately 330 ETFs that each manage more than $200 million in assets. To put this number into perspective, five years ago, many of these funds didn’t even exist.
• Preferred Stocks: An Overlooked Alternative
  Anxious investors looking to preserve wealth and pick up yield have increasingly focused on fi xed income. But it’s been a tough few years for yield-oriented investors— interest rates are low and the world is awash in liquidity.
• Investment Articles Archive