Dividend Payout vs Growth - AAII - STOCKS - May 2009 - The Dividend Puzzle: The Relationship Between Payout Rates and Growth AAII Journal American Association of Individual Investors May 2009 Don't Fight the Fed: Interest Rates and The Stock Market Inside: Table of Contents Stock Strategies The Dividend Puzzle: The Relationship Between Payout Rates and Growth .......................... 5 By Stanley Block Do moderately high dividend payments increase or diminish stock values? The studies are mixed, but a look at the recent performance of stocks in the Dow indicates that firms with yields over 2% may indeed provide better capital appreciation. Stock Strategies Don't Fight the Fed: OXX    Interest Rates and Their Impact on the Stock Market ..................... 10 By Sam Stovall What is the one thing an investor should monitor in order to gauge the health of the economy and the direction of the stock market? Interest rates. A look at how they affect stock prices. TheFirst Cut: Magic Formula Stocks .....................................................................15 By John Bajkowski A starting point for investors. This issue's focus is on Joel Greenblatt's "Magic Formula" for picking stocks: high returns on capital, and a low price-to-enterprise value. OffbeatOfferings: 529 College Savings Plans ..........................................................16 By Cara Scatizzi An investor reference for products that are not your typical offering. This issue's focus is on 529 plans for college savings.     MQ    Stock Strategies X How to Set and Revise Realistic Price Targets for Your Stocks......... 18     OX l    By Don Cassidy Stocks go where they want to, despite what investors might wish would happen. How to develop a realistic sales-price target—and when it should be revised. a. AAII Stock Screens )';    Graham's Defensive Investor Screens: AnIntrinsic Approach for Stormy Times ............................................ 22 By Wayne A. Thorp, CFA Benjamin Graham's approach to investing focused on a concept of intrinsic value that would prevent an investor from being misled during extreme market conditions. For those seeking an approach to guide them through today's stormy markets, the Graham Defensive Investor screens are worth a closer look. HotLinks: Checking Insurance Company Safety ................................................... 26 ,:. Life Insurance Products Lightening the Financial Load of Life Insurance Products .....................27 By Peter Katt Decisions about financial assets come under stress in difficult economic times. A look at four helpful ways of managing life insurance during such periods. AAII Model Portfolios Real Estate Holding Distinguishes ETF Model Portfolio From Benchmark.... 29 By James B. Cloonan AAII's Model ETF Portfolio is underperforming its benchmark due largely to the same holding that allowed it to beat the benchmark over other time periods—the holding in iShares Cohen & Steers Realty Majors Fund. Departments BrieflyNoted ........................................2    Letters..................................................4 AAlIInvestorSurveys ...........................3     AAII Local Chapters ......................... 33 X Item Details:  Magazine      Condition:  Used, good condition     Size:  Standard, magazine     Media:  Soft cover      Other:  Original recipient address covered by blank white label View My Other Items For Sale Shipping Shipping: Save 25% on shipping for each additional eligible item you buy from ObscurBooks.com. Location: San Jose, California (Silicon Valley in the San Francisco Bay Area), United States. We gladly ship WORLDWIDE. *The estimated delivery time is based on the shipping service selected, and when we receive cleared payment. We ship daily!! Special shipping request? Just let us know. And, feel confident that your shipment will be packaged securely so it arrives safely at your location. Payment Payment Methods: * PayPal * Visa * Master Card * Discover * American Express You can feel confident & secure ordering 24 hours a day protected by PayPal. And, because we are a verified PayPal merchant. Terms of Sale Policies: Return policy: The buyer has 7 days to return the item (the buyer pays shipping fees). The item will be refunded. We want you to be satisfied!! About Us About Us: READ MORE. PAY LESS. Books, Publications, Periodicals, Magazines, Newspapers, Historical / Collectors Items, Merchandise & Gifts. 100% Satisfaction Guaranteed. WORLDWIDE SHIPPING. Specialties: Unusual, different, interesting, hard-to-find, out-of-print books, publications, periodicals, magazines, newspapers, manuals. Things you may not find anywhere else. Also, a lot of stuff that would be filed under "Other" -- this is where you find it!! email: [email protected] telephone: (408) 597-6869