X hits on this document

809 views

0 shares

0 downloads

0 comments

358 / 367

344

asset allocation (Cont.): directly owned assets and, pros and cons of, 28–29 diversification and, 22–23, 23, 25–28, 32, 33, 34–35 inflation and, 23–25 model for, 21–25 risk and, 22–23, 23 tax-advantaged plans and, pros and cons of, 29–31 tax-deferred investments in, 31–35 taxes and, 23–25, 24 asset management company trusts, 194 asset-allocation in mutual funds, 81 ATM cards, 46 averages, stock, 54, 67

B shares, mutual funds, 76–77, 76, 78 balanced mutual funds, 81–82 Barron’s, 67, 91 basic earnings per share, 61 bear markets, 134 before-tax returns on mutual funds, 90 beneficiaries annuities and, 94, 101–103 Social Security and, 250–252 benefit packages and disability insurance, 222–224 blue chip common stock, 54–55 bonds, 51, 107, 108–122, 130 college savings and, 158–159 convertible, 123–124, 123 corporate, 108, 110–111 corporate bond mutual funds, 83 coupon rate of, 108 current yield in, 123–124 deep-discount, 108 default risk in, 109 discount, 121–122 duration of, 109 face value of, 108 inflation-indexed Treasury notes and bonds, 117–118 information sources for, 122–124 interest rate risk in, 109 maturity in, 108, 124 municipal, 111–116, 113, 114, 121, 176-177 original issue discount in, 109 pass-through securities, 120 ratings for, 109, 110 revenue municipal, 116 special tax municipal, 116 taxable bond mutual funds and, 82–84

INDEX

bonds (Cont.): taxes and, 188 types of, 108

  • U.

    S. government agency security, 119–120

  • U.

    S. government obligation type, 108,

116–118 U.S. savings, 118–119 zero-coupon, 108, 120–121 book value per share, 63 breakpoint, in mutual funds, 73, 75 budgeting, 39–41, 40 bull markets, 2, 3 business trusts, 194 Business Week, 67 buy-and-hold strategy, 141–143 bypass trusts, estate planning and, 325–326

C corporations, 189, 191–192 C shares, mutual funds, 77–78 cable TV stock market information, 67–69 call options, 64 capital gains

day trading and, 138–139 directly owned assets and, 28–29 losses vs., 177–179 tax-advantaged plans and, 30–31 capitalization in stocks (small-cap, mid-cap,

etc.), 57 car payments, 46–47 career change, retirement planning and, 282 cash, cash reserves, 14, 51, 107, 124–129, 130 cash reserves, 14 cash-value life insurance, 203 certificates of deposit (CD), 125, 126–127

inflation and, 49 retirement planning and, 283–285 Certified Financial Planner (CFP), 2, 5

asking questions and understanding the answers from, 6 control of portfolio and, 8–9 financial situation and, 8 switching, guidelines for,6–9 Certified Public Accountant (CPA), 4, 187 CFP board, 2, 5 charitable remainder trusts, 326 charitable trusts, 194 Chartered Financial Consultant (ChFC), 5–6 Chartered Life Underwriter (CLU), 5–6 check writing, 8 children as employees, taxes and, 182–184 classes of shares in mutual funds, 74–76 closed-end mutual funds, 72–73 code of ethics for CFP, 5

Document info
Document views809
Page views809
Page last viewedTue Dec 06 13:50:35 UTC 2016
Pages367
Paragraphs4568
Words116968

Comments