home *** CD-ROM | disk | FTP | other *** search
Unknown | 1990-06-18 | 18.1 KB |
open in:
MacOS 8.1
|
Win98
|
DOS
view JSON data
|
view as text
This file was not able to be converted.
This format is not currently supported by dexvert.
Confidence | Program | Detection | Match Type | Support
|
---|
100%
| file
| data
| default
|
|
hex view+--------+-------------------------+-------------------------+--------+--------+
|00000000| 21 00 86 00 00 00 e6 02 | 00 00 e6 02 00 00 e6 02 |!.......|........|
|00000010| 00 00 e6 02 00 00 49 05 | 00 00 61 08 00 00 b6 0b |......I.|..a.....|
|00000020| 00 00 5e 0f 00 00 78 12 | 00 00 8d 15 00 00 8d 15 |..^...x.|........|
|00000030| 00 00 e0 19 00 00 39 1d | 00 00 05 23 00 00 e5 26 |......9.|...#...&|
|00000040| 00 00 df 28 00 00 4a 2c | 00 00 4d 2e 00 00 06 30 |...(..J,|..M....0|
|00000050| 00 00 07 33 00 00 07 33 | 00 00 64 35 00 00 8b 36 |...3...3|..d5...6|
|00000060| 00 00 60 38 00 00 bf 39 | 00 00 02 3b 00 00 43 3c |..`8...9|...;..C<|
|00000070| 00 00 65 3e 00 00 5e 40 | 00 00 bf 42 00 00 a3 45 |..e>..^@|...B...E|
|00000080| 00 00 51 47 00 00 01 00 | 00 00 00 00 17 00 4f 00 |..QG....|......O.|
|00000090| 94 3e 79 8c 4e 02 f0 20 | fd f5 20 20 fe 5f 05 fd |.>y.N.. |.. ._..|
|000000a0| f0 ff 40 fd f5 20 20 fe | 5f 05 fd f0 20 20 fd f5 |..@.. .|_... ..|
|000000b0| c9 cd dd ff 03 de fd f0 | ff 17 fd 0f 20 41 53 53 |........|.... ASS|
|000000c0| 45 54 20 41 4c 4c 4f 43 | 41 54 49 4f 4e 20 fd f0 |ET ALLOC|ATION ..|
|000000d0| ff 17 fd f5 c9 cd dd ff | 03 de fd f0 20 20 fd f5 |........|.... ..|
|000000e0| ba 20 dd ff 03 de fd f0 | ff 40 fd f5 ba 20 dd ff |. ......|.@... ..|
|000000f0| 03 de fd f0 20 20 fd f5 | c8 cd fd b5 dd fe 5f 03 |.... ..|......_.|
|00000100| de fd f0 ff 40 fd f5 c8 | cd fd b5 dd fe 5f 03 de |....@...|....._..|
|00000110| fd f0 ff 24 57 48 41 54 | 20 49 53 20 49 54 3f ff |...$WHAT| IS IT?.|
|00000120| cd 49 74 20 69 73 20 62 | 61 73 69 63 61 6c 6c 79 |.It is b|asically|
|00000130| 20 4e 4f 54 20 70 75 74 | 74 69 6e 67 20 61 6c 6c | NOT put|ting all|
|00000140| 20 79 6f 75 72 20 65 67 | 67 73 20 69 6e 20 6f 6e | your eg|gs in on|
|00000150| 65 20 62 61 73 6b 65 74 | 2e ff 68 4f 72 2c 20 69 |e basket|..hOr, i|
|00000160| 6e 20 6d 6f 72 65 20 69 | 6e 76 65 73 74 6d 65 6e |n more i|nvestmen|
|00000170| 74 2d 73 70 65 61 6b 2c | 20 62 61 6c 61 6e 63 69 |t-speak,| balanci|
|00000180| 6e 67 20 79 6f 75 72 20 | 70 6f 72 74 66 6f 6c 69 |ng your |portfoli|
|00000190| 6f 20 74 6f ff 17 70 72 | 6f 74 65 63 74 20 79 6f |o to..pr|otect yo|
|000001a0| 75 72 73 65 6c 66 20 61 | 67 61 69 6e 73 74 20 74 |urself a|gainst t|
|000001b0| 68 65 20 76 61 67 61 72 | 69 65 73 20 6f 66 20 74 |he vagar|ies of t|
|000001c0| 68 65 20 66 69 6e 61 6e | 63 69 61 6c ff 1a 6d 61 |he finan|cial..ma|
|000001d0| 72 6b 65 74 70 6c 61 63 | 65 20 62 79 20 64 69 76 |rketplac|e by div|
|000001e0| 65 72 73 69 66 79 69 6e | 67 20 79 6f 75 72 20 72 |ersifyin|g your r|
|000001f0| 69 73 6b 20 65 78 70 6f | 73 75 72 65 2e ff ff ff |isk expo|sure....|
|00000200| f8 fd f5 20 20 fe 5f 05 | fd f0 ff 1b fd f5 20 20 |... ._.|...... |
|00000210| fe 5f 08 fd f0 ff 1b fd | f5 20 20 fe 5f 05 fd f0 |._......|. ._...|
|00000220| 20 20 fd f5 c9 cd dd ff | 03 de fd f0 ff 1b fd f5 | ......|........|
|00000230| cb cd fd b5 dd ff 06 fd | f5 2f fd f0 ff 1b fd f5 |........|./......|
|00000240| c9 cd dd ff 03 de fd f0 | 20 20 fd f5 ba 20 dd ff |........| ... ..|
|00000250| 03 de fd f0 ff 1b fd f5 | ba 20 fd b5 dd ff 05 de |........|. ......|
|00000260| fd f5 20 fd f0 ff 1b fd | f5 ba 20 dd ff 03 de fd |.. .....|.. .....|
|00000270| f0 20 20 fd f5 c8 cd fd | b5 dd fe 5f 03 de fd f0 |. .....|..._....|
|00000280| ff 1b fd f5 c8 cd fd b5 | dd ff 05 de fd f5 20 fd |........|...... .|
|00000290| f0 ff 1b fd f5 c8 cd fd | b5 dd fe 5f 03 de fd f0 |........|..._....|
|000002a0| 20 fd f5 fe c4 0d bf fd | f0 ff 15 fd f5 20 20 fd | .......|..... .|
|000002b0| b5 dd fe 5f 05 de fd f5 | 20 fd f0 ff 16 fd f5 da |..._....| .......|
|000002c0| fe c4 0c 20 43 4f 4e 54 | 49 4e 55 45 11 c4 d9 20 |... CONT|INUE... |
|000002d0| b3 fd f0 ff 35 fd f5 b3 | 20 45 58 49 54 20 3c 45 |....5...| EXIT <E|
|000002e0| 73 63 3e 20 00 00 01 00 | 03 00 00 00 18 00 4f 00 |sc> ....|......O.|
|000002f0| 88 41 79 8c 51 02 f0 20 | fd f5 ba 20 dd ff 03 de |.Ay.Q.. |... ....|
|00000300| fd f0 da fe c4 19 54 59 | 50 45 53 20 4f 46 20 52 |......TY|PES OF R|
|00000310| 49 53 4b fe c4 18 bf fd | f5 ba 20 dd ff 03 de 20 |ISK.....|.. .... |
|00000320| fd f0 20 fd f5 c8 cd fd | b5 dd fe 5f 03 de fd f0 |.. .....|..._....|
|00000330| b3 ff 3e b3 fd f5 c8 cd | fd b5 dd fe 5f 03 de fd |..>.....|...._...|
|00000340| f0 ff 09 b3 20 20 fd 0f | 52 69 73 6b fd f0 20 69 |.... ..|Risk.. i|
|00000350| 73 20 74 68 65 20 64 61 | 6e 67 65 72 20 6f 66 20 |s the da|nger of |
|00000360| 6f 72 20 65 78 70 6f 73 | 75 72 65 20 74 6f 20 70 |or expos|ure to p|
|00000370| 6f 74 65 6e 74 69 61 6c | 20 6c 6f 73 73 20 6f 72 |otential| loss or|
|00000380| ff 06 b3 ff 10 b3 20 20 | 64 65 76 61 6c 75 61 74 |...... |devaluat|
|00000390| 69 6f 6e 20 6f 66 20 61 | 6c 6c 20 6f 72 20 70 61 |ion of a|ll or pa|
|000003a0| 72 74 20 6f 66 20 79 6f | 75 72 20 69 6e 76 65 73 |rt of yo|ur inves|
|000003b0| 74 6d 65 6e 74 2e ff 0e | b3 ff 10 b3 ff 3e b3 ff |tment...|.....>..|
|000003c0| 10 b3 20 20 54 68 65 72 | 65 20 61 72 65 20 66 69 |.. Ther|e are fi|
|000003d0| 76 65 20 6d 61 6a 6f 72 | 20 72 69 73 6b 73 20 79 |ve major| risks y|
|000003e0| 6f 75 20 73 65 65 6b 20 | 74 6f 20 6d 69 6e 69 6d |ou seek |to minim|
|000003f0| 69 7a 65 20 62 79 ff 0a | b3 ff 10 b3 20 20 fd ce |ize by..|.... ..|
|00000400| 44 fd f0 69 76 65 72 73 | 69 66 79 69 6e 67 20 79 |D..ivers|ifying y|
|00000410| 6f 75 72 20 70 6f 72 74 | 66 6f 6c 69 6f 3a ff 20 |our port|folio:. |
|00000420| b3 ff 10 b3 ff 3e b3 ff | 10 b3 ff 19 fd ce 49 fd |.....>..|......I.|
|00000430| f0 6e 66 6c 61 74 69 6f | 6e ff 1c b3 ff 10 b3 ff |.nflatio|n.......|
|00000440| 3e b3 ff 10 b3 ff 19 49 | 6e 74 65 72 65 73 74 20 |>......I|nterest |
|00000450| fd ce 52 fd f0 61 74 65 | ff 18 b3 ff 10 b3 ff 3e |..R..ate|.......>|
|00000460| b3 ff 10 b3 ff 19 fd ce | 45 fd f0 63 6f 6e 6f 6d |........|E..conom|
|00000470| 69 63 ff 1d b3 ff 10 b3 | ff 3e b3 ff 10 b3 ff 19 |ic......|.>......|
|00000480| fd ce 4d fd f0 61 72 6b | 65 74 ff 1f b3 ff 10 b3 |..M..ark|et......|
|00000490| ff 3e b3 ff 09 fd f5 20 | 20 fe 5f 05 fd f0 b3 ff |.>..... | ._.....|
|000004a0| 19 fd ce 53 fd f0 70 65 | 63 69 66 69 63 ff 1d b3 |...S..pe|cific...|
|000004b0| fd f5 20 20 fe 5f 05 fd | f0 20 20 fd f5 c9 cd dd |.. ._..|. .....|
|000004c0| ff 03 de fd f0 b3 ff 3e | b3 fd f5 c9 cd dd ff 03 |.......>|........|
|000004d0| de fd f0 20 20 fd f5 ba | 20 dd ff 03 de fd f0 b3 |... ...| .......|
|000004e0| ff 3e b3 fd f5 ba 20 dd | ff 03 de fd f0 20 20 fd |.>.... .|..... .|
|000004f0| f5 c8 cd fd b5 dd fe 5f | 03 de fd f0 b3 ff 3e b3 |......._|......>.|
|00000500| fd f5 c8 cd fd b5 dd fe | 5f 03 de fd f0 20 fd f5 |........|_.... ..|
|00000510| fe c4 08 c1 fe c4 04 bf | fd f0 ff 35 fd f5 da fe |........|...5....|
|00000520| c4 03 c1 fe c4 08 20 43 | 4f 4e 54 49 4e 55 45 11 |...... C|ONTINUE.|
|00000530| c4 d9 20 b3 fd f0 ff 35 | fd f5 b3 20 45 58 49 54 |.. ....5|... EXIT|
|00000540| 20 3c 45 73 63 3e 20 00 | 00 01 00 04 00 09 00 18 | <Esc> .|........|
|00000550| 00 4e 00 7a f0 ff 21 06 | 03 2f ff 1b 49 4e 46 4c |.N.z..!.|./..INFL|
|00000560| 41 54 49 4f 4e ff 1a fd | f0 b3 ff 07 fd 2f ff 3e |ATION...|...../.>|
|00000570| fd f0 b3 ff 07 fd 2f 20 | 20 57 69 74 68 20 74 68 |....../ | With th|
|00000580| 69 73 20 72 69 73 6b 2c | 20 74 68 65 20 64 61 6e |is risk,| the dan|
|00000590| 67 65 72 20 69 73 20 74 | 68 61 74 20 72 69 73 69 |ger is t|hat risi|
|000005a0| 6e 67 20 70 72 69 63 65 | 73 20 77 69 6c 6c ff 07 |ng price|s will..|
|000005b0| fd f0 b3 ff 07 fd 2f 20 | 20 72 65 64 75 63 65 20 |....../ | reduce |
|000005c0| 74 68 65 20 70 75 72 63 | 68 61 73 69 6e 67 20 70 |the purc|hasing p|
|000005d0| 6f 77 65 72 20 6f 66 20 | 61 6e 20 69 6e 76 65 73 |ower of |an inves|
|000005e0| 74 6d 65 6e 74 2e ff 0f | fd f0 b3 ff 07 fd 2f ff |tment...|....../.|
|000005f0| 3e fd f0 b3 ff 07 fd 2f | 20 20 41 6e 20 61 6e 6e |>....../| An ann|
|00000600| 75 61 6c 20 69 6e 66 6c | 61 74 69 6f 6e 20 6f 66 |ual infl|ation of|
|00000610| 20 6f 6e 6c 79 20 35 25 | 20 6f 76 65 72 20 31 35 | only 5%| over 15|
|00000620| 20 79 65 61 72 73 20 77 | 69 6c 6c 20 63 75 74 20 | years w|ill cut |
|00000630| 74 68 65 ff 03 fd f0 b3 | ff 07 fd 2f 20 20 76 61 |the.....|.../ va|
|00000640| 6c 75 65 20 6f 66 20 24 | 31 2c fe 30 03 20 74 6f |lue of $|1,.0. to|
|00000650| 20 24 34 38 31 2e ff 24 | fd f0 b3 ff 07 fd 2f ff | $481..$|....../.|
|00000660| 3e fd f0 b3 ff 07 fd 2f | 20 20 4f 76 65 72 63 61 |>....../| Overca|
|00000670| 75 74 69 6f 75 73 20 69 | 6e 76 65 73 74 6f 72 73 |utious i|nvestors|
|00000680| 20 77 68 6f 20 68 6f 61 | 72 64 20 61 6c 6c 20 6f | who hoa|rd all o|
|00000690| 66 20 74 68 65 69 72 20 | 61 73 73 65 74 73 20 69 |f their |assets i|
|000006a0| 6e ff 05 fd f0 b3 ff 07 | fd 2f 20 20 6c 6f 77 2d |n.......|./ low-|
|000006b0| 79 69 65 6c 64 69 6e 67 | 20 69 6e 76 65 73 74 6d |yielding| investm|
|000006c0| 65 6e 74 73 20 73 75 63 | 68 20 61 73 20 73 61 76 |ents suc|h as sav|
|000006d0| 69 6e 67 73 20 61 63 63 | 6f 75 6e 74 73 20 61 6e |ings acc|ounts an|
|000006e0| 64 20 6d 6f 6e 65 79 20 | fd f0 b3 ff 07 fd 2f 20 |d money |....../ |
|000006f0| 20 66 75 6e 64 73 20 6d | 61 79 20 6e 6f 74 20 65 | funds m|ay not e|
|00000700| 61 72 6e 20 65 6e 6f 75 | 67 68 20 74 6f 20 6f 75 |arn enou|gh to ou|
|00000710| 74 70 61 63 65 20 72 69 | 73 69 6e 67 20 70 72 69 |tpace ri|sing pri|
|00000720| 63 65 73 2e ff 09 fd f0 | b3 ff 07 fd 2f ff 3e fd |ces.....|..../.>.|
|00000730| f0 b3 ff 07 fd 2f 20 20 | 49 6e 20 61 64 64 69 74 |...../ |In addit|
|00000740| 69 6f 6e 2c 20 72 69 73 | 69 6e 67 20 69 6e 66 6c |ion, ris|ing infl|
|00000750| 61 74 69 6f 6e 20 65 72 | 6f 64 65 73 20 74 68 65 |ation er|odes the|
|00000760| 20 76 61 6c 75 65 20 6f | 66 20 66 75 74 75 72 65 | value o|f future|
|00000770| ff 04 fd f0 b3 ff 07 fd | 2f 20 20 69 6e 63 6f 6d |........|/ incom|
|00000780| 65 20 6f 6e 20 69 6e 76 | 65 73 74 6d 65 6e 74 73 |e on inv|estments|
|00000790| 20 77 69 74 68 20 66 69 | 78 65 64 20 70 61 79 6d | with fi|xed paym|
|000007a0| 65 6e 74 73 2c 20 6d 6f | 73 74 20 6e 6f 74 61 62 |ents, mo|st notab|
|000007b0| 6c 79 ff 05 fd f0 b3 ff | 07 fd 2f 20 20 6c 6f 6e |ly......|../ lon|
|000007c0| 67 20 74 65 72 6d 20 62 | 6f 6e 64 73 2e ff 2c fd |g term b|onds..,.|
|000007d0| f0 b3 ff 07 fd 2f ff 3e | fd f0 b3 fd f5 20 20 fe |...../.>|..... .|
|000007e0| 5f 05 fd 2f ff 3e fd f0 | b3 fd f5 c9 cd dd ff 03 |_../.>..|........|
|000007f0| de fd 2f ff 03 fd 0e 20 | 4d 6f 6e 65 79 20 fd e4 |../.... |Money ..|
|00000800| 46 fd 0e 61 63 74 20 fd | 2f ff 22 fd 0a 20 4d 6f |F..act .|/.".. Mo|
|00000810| 6e 65 79 20 fd e4 54 fd | 0a 69 70 20 fd 2f 20 20 |ney ..T.|.ip ./ |
|00000820| fd f0 b3 fd f5 ba 20 dd | ff 03 de fd 2f ff 3e fd |...... .|..../.>.|
|00000830| f0 b3 fd f5 c8 cd fd b5 | dd fe 5f 03 de fd f5 fe |........|.._.....|
|00000840| c4 04 bf fd f0 ff 35 fd | f5 da fe c4 03 c1 fe c4 |......5.|........|
|00000850| 07 11 c4 d9 20 b3 fd f0 | ff 35 fd f5 b3 ff 0b 00 |.... ...|.5......|
|00000860| 00 01 00 04 00 09 00 18 | 00 4e 00 4c 36 e7 90 43 |........|.N.L6..C|
|00000870| 03 2f ff 19 49 4e 54 45 | 52 45 53 54 20 52 41 54 |./..INTE|REST RAT|
|00000880| 45 ff 18 fd f0 b3 ff 07 | fd 2f ff 3e fd f0 b3 ff |E.......|./.>....|
|00000890| 07 fd 2f 20 57 69 74 68 | 20 74 68 69 73 20 72 69 |../ With| this ri|
|000008a0| 73 6b 2c 20 79 6f 75 20 | 61 72 65 20 74 61 6b 69 |sk, you |are taki|
|000008b0| 6e 67 20 61 20 63 68 61 | 6e 63 65 20 74 68 61 74 |ng a cha|nce that|
|000008c0| 20 72 69 73 69 6e 67 ff | 0a fd f0 b3 ff 07 fd 2f | rising.|......./|
|000008d0| 20 69 6e 74 65 72 65 73 | 74 20 72 61 74 65 73 20 | interes|t rates |
|000008e0| 6d 61 79 20 63 61 75 73 | 65 20 79 6f 75 72 20 69 |may caus|e your i|
|000008f0| 6e 76 65 73 74 6d 65 6e | 74 73 20 74 6f 20 64 72 |nvestmen|ts to dr|
|00000900| 6f 70 20 69 6e 20 70 72 | 69 63 65 2e 20 20 fd f0 |op in pr|ice. ..|
|00000910| b3 ff 07 fd 2f ff 3e fd | f0 b3 ff 07 fd 2f 20 46 |..../.>.|...../ F|
|00000920| 6f 72 20 65 78 61 6d 70 | 6c 65 2c 20 68 69 67 68 |or examp|le, high|
|00000930| 65 72 20 72 61 74 65 73 | 20 6d 61 6b 65 20 79 69 |er rates| make yi|
|00000940| 65 6c 64 73 20 6f 6e 20 | 65 78 69 73 74 69 6e 67 |elds on |existing|
|00000950| 20 62 6f 6e 64 73 20 6c | 65 73 73 20 fd f0 b3 ff | bonds l|ess ....|
|00000960| 07 fd 2f 20 61 74 74 72 | 61 63 74 69 76 65 20 74 |../ attr|active t|
|00000970| 68 61 6e 20 74 68 61 74 | 20 6f 66 20 6e 65 77 20 |han that| of new |
|00000980| 62 6f 6e 64 73 2c 20 73 | 6f 20 74 68 65 69 72 20 |bonds, s|o their |
|00000990| 6d 61 72 6b 65 74 20 76 | 61 6c 75 65 73 ff 04 fd |market v|alues...|
|000009a0| f0 b3 ff 07 fd 2f 20 64 | 65 63 6c 69 6e 65 20 74 |...../ d|ecline t|
|000009b0| 6f 20 63 6f 6d 70 65 6e | 73 61 74 65 2e 20 20 52 |o compen|sate. R|
|000009c0| 69 73 69 6e 67 20 72 61 | 74 65 73 20 61 6c 73 6f |ising ra|tes also|
|000009d0| 20 68 75 72 74 20 73 74 | 6f 63 6b 73 20 62 79 ff | hurt st|ocks by.|
|000009e0| 05 fd f0 b3 ff 07 fd 2f | 20 6d 61 6b 69 6e 67 20 |......./| making |
|000009f0| 74 68 65 69 72 20 64 69 | 76 69 64 65 6e 64 20 79 |their di|vidend y|
|00000a00| 69 65 6c 64 73 20 6c 6f | 6f 6b 20 6c 65 73 73 20 |ields lo|ok less |
|00000a10| 61 70 70 65 61 6c 69 6e | 67 20 63 6f 6d 70 61 72 |appealin|g compar|
|00000a20| 65 64 20 74 6f 20 fd f0 | b3 ff 07 fd 2f 20 62 6f |ed to ..|..../ bo|
|00000a30| 6e 64 73 20 61 6e 64 20 | 6d 6f 6e 65 79 20 6d 61 |nds and |money ma|
|00000a40| 72 6b 65 74 20 66 75 6e | 64 73 2e ff 20 fd f0 b3 |rket fun|ds.. ...|
|00000a50| ff 07 fd 2f ff 3e fd f0 | b3 ff 07 fd 2f 20 49 6e |.../.>..|..../ In|
|00000a60| 64 69 76 69 64 75 61 6c | 73 20 77 68 6f 20 69 6e |dividual|s who in|
|00000a70| 76 65 73 74 20 62 6f 72 | 72 6f 77 65 64 20 6d 6f |vest bor|rowed mo|
|00000a80| 6e 65 79 20 74 68 72 6f | 75 67 68 20 6d 61 72 67 |ney thro|ugh marg|
|00000a90| 69 6e ff 09 fd f0 b3 ff | 07 fd 2f 20 61 63 63 6f |in......|../ acco|
|00000aa0| 75 6e 74 73 20 6f 72 20 | 77 68 6f 20 68 61 76 65 |unts or |who have|
|00000ab0| 20 6f 74 68 65 72 20 66 | 6c 6f 61 74 69 6e 67 2d | other f|loating-|
|00000ac0| 72 61 74 65 20 64 65 62 | 74 20 69 6e 63 72 65 61 |rate deb|t increa|
|00000ad0| 73 65 ff 07 fd f0 b3 ff | 07 fd 2f 20 74 68 65 69 |se......|../ thei|
|00000ae0| 72 20 69 6e 74 65 72 65 | 73 74 2d 72 61 74 65 20 |r intere|st-rate |
|00000af0| 72 69 73 6b 20 62 65 63 | 61 75 73 65 20 68 69 67 |risk bec|ause hig|
|00000b00| 68 65 72 20 62 6f 72 72 | 6f 77 69 6e 67 20 63 6f |her borr|owing co|
|00000b10| 73 74 73 20 63 75 74 20 | 20 fd f0 b3 ff 07 fd 2f |sts cut | ....../|
|00000b20| 20 69 6e 74 6f 20 74 68 | 65 69 72 20 6e 65 74 20 | into th|eir net |
|00000b30| 70 72 6f 66 69 74 73 2e | ff 26 fd f0 b3 ff 07 fd |profits.|.&......|
|00000b40| 2f ff 3e fd f0 b3 fd f5 | 20 20 fe 5f 05 fd 2f ff |/.>.....| ._../.|
|00000b50| 3e fd f0 b3 fd f5 c9 cd | dd ff 03 de fd 2f ff 2f |>.......|....././|
|00000b60| fd 0a 20 4d 6f 6e 65 79 | 20 fd e4 54 fd 0a 69 70 |.. Money| ..T..ip|
|00000b70| 20 fd 2f ff 04 fd f0 b3 | fd f5 ba 20 dd ff 03 de | ./.....|... ....|
|00000b80| fd 2f ff 3e fd f0 b3 fd | f5 c8 cd fd b5 dd fe 5f |./.>....|......._|
|00000b90| 03 de fd f5 fe c4 04 bf | fd f0 ff 35 fd f5 da fe |........|...5....|
|00000ba0| c4 03 c1 fe c4 07 11 c4 | d9 20 b3 fd f0 ff 35 fd |........|. ....5.|
|00000bb0| f5 b3 ff 0b 00 00 01 00 | 04 00 09 00 18 00 4e 00 |........|......N.|
|00000bc0| 26 72 67 94 96 03 2f ff | 1b 45 43 4f 4e 4f 4d 49 |&rg.../.|.ECONOMI|
|00000bd0| 43 ff 1b fd f0 b3 ff 07 | fd 2f ff 3e fd f0 b3 ff |C.......|./.>....|
|00000be0| 07 fd 2f 20 20 57 69 74 | 68 20 65 63 6f 6e 6f 6d |../ Wit|h econom|
|00000bf0| 69 63 20 72 69 73 6b 2c | 20 73 6c 6f 77 65 72 20 |ic risk,| slower |
|00000c00| 65 63 6f 6e 6f 6d 69 63 | 20 67 72 6f 77 74 68 20 |economic| growth |
|00000c10| 77 69 6c 6c 20 63 61 75 | 73 65 ff 07 fd f0 b3 ff |will cau|se......|
|00000c20| 07 fd 2f 20 20 69 6e 76 | 65 73 74 6d 65 6e 74 73 |../ inv|estments|
|00000c30| 20 74 6f 20 66 61 6c 6c | 20 69 6e 20 70 72 69 63 | to fall| in pric|
|00000c40| 65 2e 20 20 4b 65 65 70 | 20 69 6e 20 6d 69 6e 64 |e. Keep| in mind|
|00000c50| 20 74 68 61 74 20 73 6c | 6f 77 65 72 ff 05 fd f0 | that sl|ower....|
|00000c60| b3 ff 07 fd 2f 20 20 67 | 72 6f 77 74 68 20 61 66 |..../ g|rowth af|
|00000c70| 66 65 63 74 73 20 76 61 | 72 69 6f 75 73 20 69 6e |fects va|rious in|
|00000c80| 64 75 73 74 72 69 65 73 | 20 64 69 66 66 65 72 65 |dustries| differe|
|00000c90| 6e 74 6c 79 2e ff 0e fd | f0 b3 ff 07 fd 2f ff 3e |ntly....|...../.>|
|00000ca0| fd f0 b3 ff 07 fd 2f 20 | 20 53 68 61 72 65 73 20 |....../ | Shares |
|00000cb0| 6f 66 20 65 6d 65 72 67 | 69 6e 67 20 67 72 6f 77 |of emerg|ing grow|
|00000cc0| 74 68 20 63 6f 6d 70 61 | 6e 69 65 73 20 6d 61 79 |th compa|nies may|
|00000cd0| 20 73 68 72 69 6e 6b 20 | 64 72 61 6d 61 74 69 63 | shrink |dramatic|
|00000ce0| 61 6c 6c 79 20 fd f0 b3 | ff 07 fd 2f 20 20 62 65 |ally ...|.../ be|
|00000cf0| 63 61 75 73 65 20 74 68 | 65 79 20 6f 66 74 65 6e |cause th|ey often|
|00000d00| 20 72 65 71 75 69 72 65 | 20 61 20 62 6f 6f 6d 69 | require| a boomi|
|00000d10| 6e 67 20 65 63 6f 6e 6f | 6d 79 20 74 6f 20 73 75 |ng econo|my to su|
|00000d20| 73 74 61 69 6e ff 05 fd | f0 b3 ff 07 fd 2f 20 20 |stain...|...../ |
|00000d30| 74 68 65 69 72 20 72 6f | 62 75 73 74 20 65 61 72 |their ro|bust ear|
|00000d40| 6e 69 6e 67 73 2e ff 26 | fd f0 b3 ff 07 fd 2f ff |nings..&|....../.|
|00000d50| 3e fd f0 b3 ff 07 fd 2f | 20 20 43 79 63 6c 69 63 |>....../| Cyclic|
|00000d60| 61 6c 20 63 6f 6d 70 61 | 6e 69 65 73 2c 20 73 75 |al compa|nies, su|
|00000d70| 63 68 20 61 73 20 61 75 | 74 6f 6d 61 6b 65 72 73 |ch as au|tomakers|
|00000d80| 20 61 6e 64 20 63 68 65 | 6d 69 63 61 6c ff 09 fd | and che|mical...|
|00000d90| f0 b3 ff 07 fd 2f 20 20 | 70 72 6f 64 75 63 65 72 |...../ |producer|
|00000da0| 73 2c 20 63 61 6e 6e 6f | 74 20 65 61 73 69 6c 79 |s, canno|t easily|
|00000db0| 20 63 75 74 20 63 6f 73 | 74 73 20 64 75 72 69 6e | cut cos|ts durin|
|00000dc0| 67 20 61 20 72 65 63 65 | 73 73 69 6f 6e 2c 20 73 |g a rece|ssion, s|
|00000dd0| 6f ff 03 fd f0 b3 ff 07 | fd 2f 20 20 74 68 65 69 |o.......|./ thei|
|00000de0| 72 20 73 68 61 72 65 73 | 20 6d 61 79 20 6e 6f 73 |r shares| may nos|
|00000df0| 65 64 69 76 65 20 74 6f | 6f 2e 20 20 44 65 66 65 |edive to|o. Defe|
|00000e00| 6e 73 69 76 65 20 63 6f | 6d 70 61 6e 69 65 73 20 |nsive co|mpanies |
|00000e10| 73 75 63 68 ff 04 fd f0 | b3 ff 07 fd 2f 20 20 61 |such....|..../ a|
|00000e20| 73 20 66 6f 6f 64 20 70 | 72 6f 64 75 63 65 72 73 |s food p|roducers|
|00000e30| 20 77 69 6c 6c 20 68 6f | 6c 64 20 75 70 20 62 65 | will ho|ld up be|
|00000e40| 74 74 65 72 20 61 73 20 | 67 72 6f 77 74 68 20 73 |tter as |growth s|
|00000e50| 6c 6f 77 73 2e ff 06 fd | f0 b3 ff 07 fd 2f ff 3e |lows....|...../.>|
|00000e60| fd f0 b3 ff 07 fd 2f 20 | 20 45 63 6f 6e 6f 6d 69 |....../ | Economi|
|00000e70| 63 20 64 6f 77 6e 74 75 | 72 6e 73 20 63 61 6e 20 |c downtu|rns can |
|00000e80| 61 6c 73 6f 20 75 6e 64 | 65 72 63 75 74 20 6a 75 |also und|ercut ju|
|00000e90| 6e 6b 20 62 6f 6e 64 73 | 20 69 73 73 75 65 64 20 |nk bonds| issued |
|00000ea0| 62 79 ff 03 fd f0 b3 fd | f5 20 20 fe 5f 05 fd 2f |by......|. ._../|
|00000eb0| 20 20 66 69 6e 61 6e 63 | 69 61 6c 6c 79 20 77 65 | financ|ially we|
|00000ec0| 61 6b 20 66 69 72 6d 73 | 20 74 68 61 74 20 6d 69 |ak firms| that mi|
|00000ed0| 67 68 74 20 64 65 66 61 | 75 6c 74 20 77 68 65 6e |ght defa|ult when|
|00000ee0| 20 63 61 73 68 20 66 6c | 6f 77 ff 04 fd f0 b3 fd | cash fl|ow......|
|00000ef0| f5 c9 cd dd ff 03 de fd | 2f 20 20 73 6c 6f 77 73 |........|/ slows|
|00000f00| 20 64 6f 77 6e 2e ff 22 | fd 0a 20 4d 6f 6e 65 79 | down.."|.. Money|
|00000f10| 20 fd e4 54 fd 0a 69 70 | 20 fd 2f ff 04 fd f0 b3 | ..T..ip| ./.....|
|00000f20| fd f5 ba 20 dd ff 03 de | fd 2f ff 3e fd f0 b3 fd |... ....|./.>....|
|00000f30| f5 c8 cd fd b5 dd fe 5f | 03 de fd f5 fe c4 04 bf |......._|........|
|00000f40| fd f0 ff 35 fd f5 da fe | c4 03 c1 fe c4 07 11 c4 |...5....|........|
|00000f50| d9 20 b3 fd f0 ff 35 fd | f5 b3 ff 0b 00 00 01 00 |. ....5.|........|
|00000f60| 04 00 09 00 18 00 4e 00 | cc 2b 84 93 08 03 2f ff |......N.|.+..../.|
|00000f70| 1c 4d 41 52 4b 45 54 ff | 1c fd f0 b3 ff 07 fd 2f |.MARKET.|......./|
|00000f80| ff 3e fd f0 b3 ff 07 fd | 2f 20 20 4d 61 72 6b 65 |.>......|/ Marke|
|00000f90| 74 20 72 69 73 6b 20 69 | 73 20 61 20 63 61 74 63 |t risk i|s a catc|
|00000fa0| 68 61 6c 6c 20 74 65 72 | 6d 20 66 6f 72 20 66 61 |hall ter|m for fa|
|00000fb0| 63 74 6f 72 73 20 73 75 | 63 68 20 61 73 ff 0a fd |ctors su|ch as...|
|00000fc0| f0 b3 ff 07 fd 2f 20 20 | 70 6f 6c 69 74 69 63 61 |...../ |politica|
|00000fd0| 6c 20 64 65 76 65 6c 6f | 70 6d 65 6e 74 73 20 61 |l develo|pments a|
|00000fe0| 6e 64 20 57 61 6c 6c 20 | 53 74 72 65 65 74 20 66 |nd Wall |Street f|
|00000ff0| 61 64 73 20 74 68 61 74 | 20 63 61 6e 20 62 61 74 |ads that| can bat|
|00001000| 74 65 72 20 fd f0 b3 ff | 07 fd 2f 20 20 69 6e 76 |ter ....|../ inv|
|00001010| 65 73 74 6d 65 6e 74 20 | 6d 61 72 6b 65 74 73 2e |estment |markets.|
|00001020| ff 29 fd f0 b3 ff 07 fd | 2f ff 3e fd f0 b3 ff 07 |.)......|/.>.....|
|00001030| fd 2f 20 20 54 61 78 20 | 6c 61 77 20 63 68 61 6e |./ Tax |law chan|
|00001040| 67 65 73 2c 20 74 72 61 | 64 65 20 61 67 72 65 65 |ges, tra|de agree|
|00001050| 6d 65 6e 74 73 2c 20 70 | 72 6f 67 72 61 6d 20 74 |ments, p|rogram t|
|00001060| 72 61 64 69 6e 67 20 61 | 6e 64 20 74 68 65 20 20 |rading a|nd the |
|00001070| fd f0 b3 ff 07 fd 2f 20 | 20 71 75 69 72 6b 73 20 |....../ | quirks |
|00001080| 6f 66 20 69 6e 76 65 73 | 74 6f 72 20 70 73 79 63 |of inves|tor psyc|
|00001090| 68 6f 6c 6f 67 79 20 61 | 6c 6c 20 63 6f 6e 74 72 |hology a|ll contr|
|000010a0| 69 62 75 74 65 20 74 6f | 20 6d 61 72 6b 65 74 20 |ibute to| market |
|000010b0| 72 69 73 6b 2c fd f0 b3 | ff 07 fd 2f 20 20 77 68 |risk,...|.../ wh|
|000010c0| 69 63 68 20 61 63 63 6f | 75 6e 74 73 20 66 6f 72 |ich acco|unts for|
|000010d0| 20 6d 75 63 68 20 6f 66 | 20 74 68 65 20 73 74 6f | much of| the sto|
|000010e0| 63 6b 20 6d 61 72 6b 65 | 74 27 73 20 64 61 79 2d |ck marke|t's day-|
|000010f0| 74 6f 2d 64 61 79 ff 04 | fd f0 b3 ff 07 fd 2f 20 |to-day..|....../ |
|00001100| 20 76 6f 6c 61 74 69 6c | 69 74 79 2e ff 31 fd f0 | volatil|ity..1..|
|00001110| b3 ff 07 fd 2f ff 3e fd | f0 b3 ff 07 fd 2f 20 20 |..../.>.|...../ |
|00001120| 47 6f 6c 64 20 61 6c 73 | 6f 20 63 61 72 72 69 65 |Gold als|o carrie|
|00001130| 73 20 63 6f 6e 73 69 64 | 65 72 61 62 6c 65 20 6d |s consid|erable m|
|00001140| 61 72 6b 65 74 20 72 69 | 73 6b 20 62 65 63 61 75 |arket ri|sk becau|
|00001150| 73 65 20 69 74 73 ff 06 | fd f0 b3 ff 07 fd 2f 20 |se its..|....../ |
|00001160| 20 70 72 69 63 65 20 6d | 6f 76 65 73 20 73 68 61 | price m|oves sha|
|00001170| 72 70 6c 79 20 77 68 65 | 6e 20 70 6f 6c 69 74 69 |rply whe|n politi|
|00001180| 63 61 6c 20 6f 72 20 6d | 69 6c 69 74 61 72 79 20 |cal or m|ilitary |
|00001190| 75 70 68 65 61 76 61 6c | 73 20 69 6e 20 fd f0 b3 |upheaval|s in ...|
|000011a0| ff 07 fd 2f 20 20 6f 74 | 68 65 72 20 63 6f 75 6e |.../ ot|her coun|
|000011b0| 74 72 69 65 73 20 65 6e | 63 6f 75 72 61 67 65 20 |tries en|courage |
|000011c0| 74 68 65 20 66 6c 69 67 | 68 74 20 6f 66 20 63 61 |the flig|ht of ca|
|000011d0| 70 69 74 61 6c 20 66 72 | 6f 6d ff 08 fd f0 b3 ff |pital fr|om......|
|000011e0| 07 fd 2f 20 20 70 61 70 | 65 72 20 74 6f 20 68 61 |../ pap|er to ha|
|000011f0| 72 64 20 61 73 73 65 74 | 73 2e ff 27 fd f0 b3 ff |rd asset|s..'....|
|00001200| 07 fd 2f ff 3e fd f0 b3 | fd f5 20 20 fe 5f 05 fd |../.>...|.. ._..|
|00001210| 2f ff 3e fd f0 b3 fd f5 | c9 cd dd ff 03 de fd 2f |/.>.....|......./|
|00001220| ff 2f fd 0a 20 4d 6f 6e | 65 79 20 fd e4 54 fd 0a |./.. Mon|ey ..T..|
|00001230| 69 70 20 fd 2f ff 04 fd | f0 b3 fd f5 ba 20 dd ff |ip ./...|..... ..|
|00001240| 03 de fd 2f ff 3e fd f0 | b3 fd f5 c8 cd fd b5 dd |.../.>..|........|
|00001250| fe 5f 03 de fd f5 fe c4 | 04 bf fd f0 ff 35 fd f5 |._......|.....5..|
|00001260| da fe c4 03 c1 fe c4 07 | 11 c4 d9 20 b3 fd f0 ff |........|... ....|
|00001270| 35 fd f5 b3 ff 0b 00 00 | 01 00 04 00 09 00 18 00 |5.......|........|
|00001280| 4e 00 a4 3d 5a 97 03 03 | 2f ff 1b 53 50 45 43 49 |N..=Z...|/..SPECI|
|00001290| 46 49 43 ff 1b fd f0 b3 | ff 07 fd 2f ff 3e fd f0 |FIC.....|.../.>..|
|000012a0| b3 ff 07 fd 2f 20 20 53 | 70 65 63 69 66 69 63 20 |..../ S|pecific |
|000012b0| 72 69 73 6b 20 72 65 66 | 65 72 73 20 74 6f 20 6f |risk ref|ers to o|
|000012c0| 63 63 75 72 72 65 6e 63 | 65 73 20 74 68 61 74 20 |ccurrenc|es that |
|000012d0| 6d 61 79 20 61 66 66 65 | 63 74 20 6f 6e 6c 79 20 |may affe|ct only |
|000012e0| 61 20 20 fd f0 b3 ff 07 | fd 2f 20 20 70 61 72 74 |a .....|./ part|
|000012f0| 69 63 75 6c 61 72 20 63 | 6f 6d 70 61 6e 79 20 6f |icular c|ompany o|
|00001300| 72 20 69 6e 64 75 73 74 | 72 79 2e ff 1d fd f0 b3 |r indust|ry......|
|00001310| ff 07 fd 2f ff 3e fd f0 | b3 ff 07 fd 2f 20 20 46 |.../.>..|..../ F|
|00001320| 6f 72 20 65 78 61 6d 70 | 6c 65 2c 20 74 68 65 20 |or examp|le, the |
|00001330| 64 65 61 74 68 20 6f 66 | 20 61 20 79 6f 75 6e 67 |death of| a young|
|00001340| 20 63 6f 6d 70 61 6e 79 | 27 73 20 66 6f 75 6e 64 | company|'s found|
|00001350| 65 72 20 63 6f 75 6c 64 | ff 03 fd f0 b3 ff 07 fd |er could|........|
|00001360| 2f 20 20 73 65 6e 64 20 | 74 68 65 20 62 75 73 69 |/ send |the busi|
|00001370| 6e 65 73 73 20 69 6e 74 | 6f 20 61 20 74 61 69 6c |ness int|o a tail|
|00001380| 73 70 69 6e 2e 20 20 49 | 6e 64 69 76 69 64 75 61 |spin. I|ndividua|
|00001390| 6c 73 20 6f 66 74 65 6e | 20 74 61 6b 65 20 20 fd |ls often| take .|
|000013a0| f0 b3 ff 07 fd 2f 20 20 | 6f 6e 20 61 20 68 69 67 |...../ |on a hig|
|000013b0| 68 20 64 65 67 72 65 65 | 20 6f 66 20 73 70 65 63 |h degree| of spec|
|000013c0| 69 66 69 63 20 72 69 73 | 6b 20 77 68 65 6e 20 74 |ific ris|k when t|
|000013d0| 68 65 79 20 69 6e 76 65 | 73 74 20 69 6e 20 61 ff |hey inve|st in a.|
|000013e0| 05 fd f0 b3 ff 07 fd 2f | 20 20 72 65 61 6c 2d 65 |......./| real-e|
|000013f0| 73 74 61 74 65 20 70 61 | 72 74 6e 65 72 73 68 69 |state pa|rtnershi|
|00001400| 70 20 72 75 6e 20 62 79 | 20 69 6e 65 78 70 65 72 |p run by| inexper|
|00001410| 69 65 6e 63 65 64 20 67 | 65 6e 65 72 61 6c ff 08 |ienced g|eneral..|
|00001420| fd f0 b3 ff 07 fd 2f 20 | 20 70 61 72 74 6e 65 72 |....../ | partner|
|00001430| 73 2c 20 6f 72 20 62 75 | 79 20 73 74 6f 63 6b 20 |s, or bu|y stock |
|00001440| 69 6e 20 61 20 66 69 72 | 6d 20 77 69 74 68 20 61 |in a fir|m with a|
|00001450| 20 68 65 61 76 79 20 64 | 65 62 74 20 62 75 72 64 | heavy d|ebt burd|
|00001460| 65 6e 2e 20 20 fd f0 b3 | ff 07 fd 2f ff 3e fd f0 |en. ...|.../.>..|
|00001470| b3 ff 07 fd 2f 20 20 53 | 70 65 63 69 66 69 63 20 |..../ S|pecific |
|00001480| 72 69 73 6b 20 61 6c 73 | 6f 20 69 6e 63 6c 75 64 |risk als|o includ|
|00001490| 65 73 20 74 68 65 20 63 | 68 61 6e 63 65 20 74 68 |es the c|hance th|
|000014a0| 61 74 20 67 6f 76 65 72 | 6e 6d 65 6e 74 ff 06 fd |at gover|nment...|
|000014b0| f0 b3 ff 07 fd 2f 20 20 | 72 65 67 75 6c 61 74 69 |...../ |regulati|
|000014c0| 6f 6e 73 20 77 69 6c 6c | 20 68 61 72 6d 20 61 20 |ons will| harm a |
|000014d0| 70 61 72 74 69 63 75 6c | 61 72 20 67 72 6f 75 70 |particul|ar group|
|000014e0| 20 6f 66 20 63 6f 6d 70 | 61 6e 69 65 73 2c 20 73 | of comp|anies, s|
|000014f0| 75 63 68 20 fd f0 b3 ff | 07 fd 2f 20 20 61 73 20 |uch ....|../ as |
|00001500| 62 61 6e 6b 73 2e ff 33 | fd f0 b3 ff 07 fd 2f ff |banks..3|....../.|
|00001510| 3e fd f0 b3 ff 07 fd 2f | ff 3e fd f0 b3 fd f5 20 |>....../|.>..... |
|00001520| 20 fe 5f 05 fd 2f ff 3e | fd f0 b3 fd f5 c9 cd dd | ._../.>|........|
|00001530| ff 03 de fd 2f ff 2f fd | 0a 20 4d 6f 6e 65 79 20 |...././.|. Money |
|00001540| fd e4 54 fd 0a 69 70 20 | fd 2f ff 04 fd f0 b3 fd |..T..ip |./......|
|00001550| f5 ba 20 dd ff 03 de fd | 2f ff 3e fd f0 b3 fd f5 |.. .....|/.>.....|
|00001560| c8 cd fd b5 dd fe 5f 03 | de fd f5 fe c4 04 bf fd |......_.|........|
|00001570| f0 ff 35 fd f5 da fe c4 | 03 c1 fe c4 07 11 c4 d9 |..5.....|........|
|00001580| 20 b3 fd f0 ff 35 fd f5 | b3 ff 0b 00 00 01 00 00 | ....5..|........|
|00001590| 00 00 00 17 00 4f 00 0e | c3 79 8c 41 04 f0 20 fd |.....O..|.y.A.. .|
|000015a0| f5 20 20 fe 5f 05 fd f0 | ff 40 fd f5 20 20 fe 5f |. ._...|.@.. ._|
|000015b0| 05 fd f0 20 20 fd f5 c9 | cd dd ff 03 de fd f0 ff |... ...|........|
|000015c0| 17 fd 0f 20 41 53 53 45 | 54 20 41 4c 4c 4f 43 41 |... ASSE|T ALLOCA|
|000015d0| 54 49 4f 4e 20 fd f0 ff | 17 fd f5 c9 cd dd ff 03 |TION ...|........|
|000015e0| de fd f0 20 20 fd f5 ba | 20 dd ff 03 de fd f0 da |... ...| .......|
|000015f0| fe c4 19 54 59 50 45 53 | 20 4f 46 20 52 49 53 4b |...TYPES| OF RISK|
|00001600| fe c4 18 bf fd f5 ba 20 | dd ff 03 de fd f0 20 20 |....... |...... |
|00001610| fd f5 c8 cd fd b5 dd fe | 5f 03 de fd f0 c9 fe cd |........|_.......|
|00001620| 0d 4d 49 58 49 4e 47 20 | 41 4e 44 20 44 49 56 45 |.MIXING |AND DIVE|
|00001630| 52 53 49 46 59 49 4e 47 | 20 59 4f 55 52 20 45 58 |RSIFYING| YOUR EX|
|00001640| 50 4f 53 55 52 45 fe cd | 0c bb fd f5 c8 cd fd b5 |POSURE..|........|
|00001650| dd fe 5f 03 de fd f0 ff | 09 ba ff 3e ba ff 10 ba |.._.....|...>....|
|00001660| 20 52 65 74 75 72 6e 73 | 20 66 6f 72 20 61 6c 6d | Returns| for alm|
|00001670| 6f 73 74 20 65 76 65 72 | 79 20 74 79 70 65 20 6f |ost ever|y type o|
|00001680| 66 20 69 6e 76 65 73 74 | 6d 65 6e 74 20 76 61 72 |f invest|ment var|
|00001690| 79 20 63 6f 6e 73 69 64 | 65 72 2d ff 03 ba ff 10 |y consid|er-.....|
|000016a0| ba 20 61 62 6c 79 20 66 | 72 6f 6d 20 79 65 61 72 |. ably f|rom year|
|000016b0| 20 74 6f 20 79 65 61 72 | 2e ff 26 ba ff 10 ba ff | to year|..&.....|
|000016c0| 18 fd 2e 20 fd e4 53 fd | 2a 48 4f 57 20 4d 45 20 |... ..S.|*HOW ME |
|000016d0| 4d 4f 52 45 20 fd f0 ff | 18 ba ff 10 ba ff 3e ba |MORE ...|......>.|
|000016e0| ff 10 ba 20 4c 6f 6f 6b | 69 6e 67 20 61 74 20 61 |... Look|ing at a|
|000016f0| 20 68 79 70 6f 74 68 65 | 74 69 63 61 6c 20 70 6f | hypothe|tical po|
|00001700| 72 74 66 6f 6c 69 6f 20 | 74 68 61 74 20 6d 61 69 |rtfolio |that mai|
|00001710| 6e 74 61 69 6e 73 20 66 | 69 76 65 ff 06 ba ff 10 |ntains f|ive.....|
|00001720| ba 20 64 69 66 66 65 72 | 65 6e 74 20 61 73 73 65 |. differ|ent asse|
|00001730| 74 20 63 6c 61 73 73 65 | 73 20 77 69 74 68 20 fd |t classe|s with .|
|00001740| 0f 65 71 75 61 6c fd f0 | 20 77 65 69 67 68 74 69 |.equal..| weighti|
|00001750| 6e 67 20 28 74 68 65 20 | 42 42 26 4b 20 69 6e 64 |ng (the |BB&K ind|
|00001760| 65 78 20 ba ff 10 ba 20 | 69 6e 20 22 53 68 6f 77 |ex .... |in "Show|
|00001770| 20 4d 65 20 4d 6f 72 65 | 22 29 2c 20 79 6f 75 20 | Me More|"), you |
|00001780| 63 61 6e 20 73 65 65 20 | 68 6f 77 20 74 68 65 20 |can see |how the |
|00001790| 76 61 72 69 61 62 69 6c | 69 74 79 20 6f 66 20 74 |variabil|ity of t|
|000017a0| 68 65 ff 03 ba ff 10 ba | 20 72 65 74 75 72 6e 73 |he......| returns|
|000017b0| 20 6f 66 20 74 68 65 20 | 69 6e 64 69 76 69 64 75 | of the |individu|
|000017c0| 61 6c 20 61 73 73 65 74 | 73 20 69 73 20 72 65 64 |al asset|s is red|
|000017d0| 75 63 65 64 20 62 79 20 | 69 6e 76 65 73 74 69 6e |uced by |investin|
|000017e0| 67 20 69 6e 20 20 ba ff | 10 ba 20 61 6c 6c 20 66 |g in ..|.. all f|
|000017f0| 69 76 65 2e ff 34 ba ff | 10 ba ff 3e ba ff 10 ba |ive..4..|...>....|
|00001800| 20 41 6c 73 6f 20 6e 6f | 74 65 20 74 68 61 74 20 | Also no|te that |
|00001810| 74 68 65 20 42 42 26 4b | 20 69 6e 64 65 78 20 6f |the BB&K| index o|
|00001820| 75 74 70 65 72 66 6f 72 | 6d 65 64 20 61 6c 6c 20 |utperfor|med all |
|00001830| 62 75 74 20 66 6f 72 65 | 69 67 6e ff 03 ba ff 10 |but fore|ign.....|
|00001840| ba 20 73 74 6f 63 6b 73 | 20 69 6e 20 61 76 65 72 |. stocks| in aver|
|00001850| 61 67 65 20 61 6e 6e 75 | 61 6c 20 72 65 74 75 72 |age annu|al retur|
|00001860| 6e 20 61 6e 64 20 68 61 | 64 20 6c 65 73 73 20 76 |n and ha|d less v|
|00001870| 6f 6c 61 74 69 6c 69 74 | 79 ff 06 ba ff 10 ba 20 |olatilit|y...... |
|00001880| 74 68 61 6e 20 55 2e 53 | 2e 20 73 74 6f 63 6b 73 |than U.S|. stocks|
|00001890| 20 61 6c 6f 6e 65 2e ff | 26 ba ff 09 fd f5 20 20 | alone..|&..... |
|000018a0| fe 5f 05 fd f0 ba ff 3e | ba fd f5 20 20 fe 5f 05 |._.....>|... ._.|
|000018b0| fd f0 20 20 fd f5 c9 cd | dd ff 03 de fd f0 ba 20 |.. ....|....... |
|000018c0| 57 69 74 68 20 61 6e 20 | 65 71 75 61 6c 20 77 65 |With an |equal we|
|000018d0| 69 67 68 74 69 6e 67 20 | 6d 69 78 2c 20 61 74 20 |ighting |mix, at |
|000018e0| 74 68 65 20 65 6e 64 20 | 6f 66 20 65 61 63 68 20 |the end |of each |
|000018f0| 79 65 61 72 2c 20 79 6f | 75 ff 04 ba fd f5 c9 cd |year, yo|u.......|
|00001900| dd ff 03 de fd f0 20 20 | fd f5 ba 20 dd ff 03 de |...... |... ....|
|00001910| fd f0 ba 20 73 65 6c 6c | 20 6f 66 66 20 61 6e 64 |... sell| off and|
|00001920| 20 61 64 64 20 61 73 73 | 65 74 73 20 74 6f 20 72 | add ass|ets to r|
|00001930| 65 2d 62 61 6c 61 6e 63 | 65 20 74 68 65 ff 14 ba |e-balanc|e the...|
|00001940| fd f5 ba 20 dd ff 03 de | fd f0 20 20 fd f5 c8 cd |... ....|.. ....|
|00001950| fd b5 dd fe 5f 03 de fd | f0 ba 20 65 71 75 61 6c |...._...|.. equal|
|00001960| 20 77 65 69 67 68 74 69 | 6e 67 20 69 6e 20 65 61 | weighti|ng in ea|
|00001970| 63 68 20 61 73 73 65 74 | 20 63 6c 61 73 73 2e ff |ch asset| class..|
|00001980| 08 fd 0a 20 4d 6f 6e 65 | 79 20 fd e4 54 fd 0a 69 |... Mone|y ..T..i|
|00001990| 70 20 fd f0 ff 06 ba fd | f5 c8 cd fd b5 dd fe 5f |p ......|......._|
|000019a0| 03 de fd f0 20 fd f5 fe | c4 08 d0 fe c4 04 bf fd |.... ...|........|
|000019b0| f0 ff 35 fd f5 da fe c4 | 03 d0 fe c4 08 20 43 4f |..5.....|..... CO|
|000019c0| 4e 54 49 4e 55 45 11 c4 | d9 20 b3 fd f0 ff 35 fd |NTINUE..|. ....5.|
|000019d0| f5 b3 20 45 58 49 54 20 | 3c 45 73 63 3e 20 00 00 |.. EXIT |<Esc> ..|
|000019e0| 01 00 00 00 00 00 17 00 | 4f 00 b0 1e 7a 9a 47 03 |........|O...z.G.|
|000019f0| 2f ff 13 fd 0f 20 54 48 | 45 20 52 49 47 48 54 20 |/.... TH|E RIGHT |
|00001a00| 49 4e 56 45 53 54 4d 45 | 4e 54 20 4d 49 58 20 46 |INVESTME|NT MIX F|
|00001a10| 4f 52 20 45 41 43 48 20 | 45 43 4f 4e 4f 4d 59 20 |OR EACH |ECONOMY |
|00001a20| fd 2f ff 82 fd 2a 20 20 | fd 2e 49 6e 66 6c 61 74 |./...* |..Inflat|
|00001a30| 69 6f 6e fd 2a 20 fd 2f | ff 4a fd 2a 20 1e fd 2f |ion.* ./|.J.* ../|
|00001a40| ff 2a fd 0f 33 35 25 fd | 2f 20 43 61 73 68 ff 09 |.*..35%.|/ Cash..|
|00001a50| fd 0f 31 35 25 fd 2f 20 | 52 65 61 6c 20 45 73 74 |..15%./ |Real Est|
|00001a60| 61 74 65 ff 05 fd 2a b3 | fd 2f ff 03 fd 0f 32 35 |ate...*.|./....25|
|00001a70| 25 fd 2f 20 52 65 61 6c | 20 45 73 74 61 74 65 20 |%./ Real| Estate |
|00001a80| 20 fd 0f 32 30 25 fd 2f | 20 55 2e 53 2e 20 53 74 | ..20%./| U.S. St|
|00001a90| 6f 63 6b 73 ff 2c fd 2a | 52 fd 2f ff 2a fd 0f 32 |ocks.,.*|R./.*..2|
|00001aa0| 30 25 fd 2f 20 55 2e 53 | 2e 20 53 74 6f 63 6b 73 |0%./ U.S|. Stocks|
|00001ab0| 20 20 fd 0f 31 35 25 fd | 2f 20 46 6f 72 65 69 67 | ..15%.|/ Foreig|
|00001ac0| 6e 20 53 74 6f 63 6b 73 | 20 20 fd 2a 69 fd 2f ff |n Stocks| .*i./.|
|00001ad0| 03 fd 0f 32 30 25 fd 2f | 20 43 61 73 68 ff 09 fd |...20%./| Cash...|
|00001ae0| 0f 31 35 25 fd 2f 20 46 | 6f 72 65 69 67 6e 20 53 |.15%./ F|oreign S|
|00001af0| 74 6f 63 6b 73 ff 29 fd | 2a 73 fd 2f ff 2a fd 0f |tocks.).|*s./.*..|
|00001b00| 31 30 25 fd 2f 20 4c 6f | 6e 67 20 42 6f 6e 64 73 |10%./ Lo|ng Bonds|
|00001b10| ff 03 fd 0f 20 35 25 fd | 2f 20 47 6f 6c 64 ff 0c |.... 5%.|/ Gold..|
|00001b20| fd 2a 69 fd 2f ff 03 fd | 0f 31 30 25 fd 2f 20 4c |.*i./...|.10%./ L|
|00001b30| 6f 6e 67 20 42 6f 6e 64 | 73 ff 03 fd 0f 31 30 25 |ong Bond|s....10%|
|00001b40| fd 2f 20 47 6f 6c 64 ff | 33 fd 2a 6e fd 2f ff 4f |./ Gold.|3.*n./.O|
|00001b50| fd 2a 67 fd 2f ff 25 fd | 2a 20 20 fd 2f 20 fd 2e |.*g./.%.|* ./ ..|
|00001b60| 20 45 63 6f 6e 6f 6d 69 | 63 fd 2f ff 1e fd 2a b3 | Economi|c./...*.|
|00001b70| fd 2f ff 1f fd 2e 45 63 | 6f 6e 6f 6d 69 63 fd 2f |./....Ec|onomic./|
|00001b80| 20 20 fd 2a 20 20 11 fe | c4 06 53 20 6c 20 6f 20 | .* ..|..S l o |
|00001b90| 77 20 69 20 6e 20 67 ff | 03 44 20 6f 20 77 20 6e |w i n g.|.D o w n|
|00001ba0| fe c4 06 c5 fe c4 06 53 | 20 70 20 65 20 65 20 64 |.......S| p e e d|
|00001bb0| 20 69 20 6e 20 67 20 20 | 55 20 70 fe c4 0a 10 ff | i n g |U p.....|
|00001bc0| 03 fd 2e 20 47 72 6f 77 | 74 68 fd 2f ff 09 fd 2a |... Grow|th./...*|
|00001bd0| 20 fd 2f ff 16 fd 2a 20 | fd 2f ff 1f fd 2e 47 72 | ./...* |./....Gr|
|00001be0| 6f 77 74 68 fd 2f ff 2a | fd 2a 46 fd 2f ff 4f fd |owth./.*|.*F./.O.|
|00001bf0| 2a 61 fd 2f ff 2a fd 0f | 34 30 25 fd 2f 20 4c 6f |*a./.*..|40%./ Lo|
|00001c00| 6e 67 20 42 6f 6e 64 73 | ff 03 fd 0f 32 30 25 fd |ng Bonds|....20%.|
|00001c10| 2f 20 55 2e 53 2e 20 53 | 74 6f 63 6b 73 ff 05 fd |/ U.S. S|tocks...|
|00001c20| 2a 6c fd 2f ff 03 fd 0f | 33 35 25 fd 2f 20 55 2e |*l./....|35%./ U.|
|00001c30| 53 2e 20 53 74 6f 63 6b | 73 20 20 fd 0f 32 35 25 |S. Stock|s ..25%|
|00001c40| fd 2f 20 4c 6f 6e 67 20 | 42 6f 6e 64 73 ff 2d fd |./ Long |Bonds.-.|
|00001c50| 2a 6c fd 2f ff 2a fd 0f | 31 35 25 fd 2f 20 43 61 |*l./.*..|15%./ Ca|
|00001c60| 73 68 ff 09 fd 0f 31 30 | 25 fd 2f 20 46 6f 72 65 |sh....10|%./ Fore|
|00001c70| 69 67 6e 20 53 74 6f 63 | 6b 73 20 20 fd 2a 69 fd |ign Stoc|ks .*i.|
|00001c80| 2f ff 03 fd 0f 31 35 25 | fd 2f 20 52 65 61 6c 20 |/....15%|./ Real |
|00001c90| 45 73 74 61 74 65 20 20 | fd 0f 31 35 25 fd 2f 20 |Estate |..15%./ |
|00001ca0| 46 6f 72 65 69 67 6e 20 | 53 74 6f 63 6b 73 ff 29 |Foreign |Stocks.)|
|00001cb0| fd 2a 6e fd 2f ff 2a fd | 0f 31 30 25 fd 2f 20 52 |.*n./.*.|.10%./ R|
|00001cc0| 65 61 6c 20 45 73 74 61 | 74 65 20 20 fd 0f 20 35 |eal Esta|te .. 5|
|00001cd0| 25 fd 2f 20 47 6f 6c 64 | ff 0c fd 2a 67 fd 2f ff |%./ Gold|...*g./.|
|00001ce0| 03 fd 0f 31 30 25 fd 2f | 20 43 61 73 68 ff 09 fd |...10%./| Cash...|
|00001cf0| 0f 20 30 25 fd 2f 20 47 | 6f 6c 64 ff 33 fd 2a b3 |. 0%./ G|old.3.*.|
|00001d00| fd 2f ff 28 fe c4 0d bf | ff 19 fd 2a 1f fd 2f ff |./.(....|...*../.|
|00001d10| 29 fd 2e 43 4f 4e 54 49 | 4e 55 45 11 c4 d9 fd 2f |)..CONTI|NUE..../|
|00001d20| 20 b3 ff 12 fd 2e 20 20 | 49 6e 66 6c 61 74 69 6f | ..... |Inflatio|
|00001d30| 6e ff 03 fd 2f ff 22 00 | 00 01 00 00 00 00 00 17 |n.../.".|........|
|00001d40| 00 4f 00 1c bd 79 8c ba | 05 2f ff 0d fd 0f 20 48 |.O...y..|./.... H|
|00001d50| 4f 57 20 44 49 46 46 45 | 52 45 4e 54 20 4b 49 4e |OW DIFFE|RENT KIN|
|00001d60| 44 53 20 4f 46 20 41 53 | 53 45 54 53 20 48 41 56 |DS OF AS|SETS HAV|
|00001d70| 45 20 43 4f 4d 50 41 52 | 45 44 20 4f 56 45 52 20 |E COMPAR|ED OVER |
|00001d80| 54 49 4d 45 20 fd 2f ff | 28 46 6f 72 65 69 67 6e |TIME ./.|(Foreign|
|00001d90| ff 04 4c 6f 6e 67 20 54 | 65 72 6d 20 20 54 72 65 |..Long T|erm Tre|
|00001da0| 61 73 75 72 79 ff 05 52 | 65 61 6c ff 05 fd e4 42 |asury..R|eal....B|
|00001db0| fd 2f 42 26 4b ff 0c 59 | 45 41 52 ff 05 53 26 50 |./B&K..Y|EAR..S&P|
|00001dc0| 20 35 30 30 ff 04 53 74 | 6f 63 6b 73 ff 07 42 6f | 500..St|ocks..Bo|
|00001dd0| 6e 64 73 ff 05 42 69 6c | 6c 73 ff 06 45 73 74 61 |nds..Bil|ls..Esta|
|00001de0| 74 65 ff 04 49 6e 64 65 | 78 ff 03 fe cd 0e d1 fe |te..Inde|x.......|
|00001df0| cd 0a d1 fe cd 0a d1 fe | cd 0b d1 fe cd 0a d1 fe |........|........|
|00001e00| cd 09 d1 fe cd 09 b8 fd | 0f ff 08 31 39 36 39 20 |........|...1969 |
|00001e10| 20 b3 20 20 2d 20 38 2e | 35 20 25 20 b3 ff 04 36 | . - 8.|5 % ...6|
|00001e20| 2e 38 20 25 20 b3 ff 03 | 2d 20 35 2e 31 20 25 20 |.8 % ...|- 5.1 % |
|00001e30| b3 ff 04 36 2e 35 20 25 | 20 b3 ff 03 39 2e 37 20 |...6.5 %| ...9.7 |
|00001e40| 25 20 b3 ff 03 31 2e 39 | 20 25 20 b3 fd 2f ff 08 |% ...1.9| % ../..|
|00001e50| 31 39 37 30 20 20 b3 ff | 04 34 2e 30 ff 03 b3 20 |1970 ..|.4.0... |
|00001e60| 20 2d 31 30 2e 31 ff 03 | b3 ff 04 31 32 2e 31 ff | -10.1..|...12.1.|
|00001e70| 03 b3 ff 04 36 2e 36 ff | 03 b3 20 20 31 30 2e 38 |....6.6.|.. 10.8|
|00001e80| ff 03 b3 ff 03 34 2e 37 | ff 03 b3 fd 0f ff 08 31 |.....4.7|.......1|
|00001e90| 39 37 31 20 20 b3 ff 03 | 31 34 2e 33 ff 03 b3 ff |971 ...|14.3....|
|00001ea0| 03 33 30 2e 31 ff 03 b3 | ff 04 31 30 2e 36 ff 03 |.30.1...|..10.6..|
|00001eb0| b3 ff 04 34 2e 34 ff 03 | b3 ff 03 39 2e 32 ff 03 |...4.4..|...9.2..|
|00001ec0| b3 20 20 31 33 2e 37 ff | 03 b3 fd 2f ff 08 31 39 |. 13.7.|.../..19|
|00001ed0| 37 32 20 20 b3 ff 03 31 | 38 2e 39 ff 03 b3 ff 03 |72 ...1|8.9.....|
|00001ee0| 33 37 2e 31 ff 03 b3 ff | 05 38 2e 31 ff 03 b3 ff |37.1....|.8.1....|
|00001ef0| 04 34 2e 31 ff 03 b3 ff | 03 37 2e 35 ff 03 b3 20 |.4.1....|.7.5... |
|00001f00| 20 31 35 2e 31 ff 03 b3 | fd 0f ff 08 31 39 37 33 | 15.1...|....1973|
|00001f10| 20 20 b3 20 20 2d 31 34 | 2e 38 ff 03 b3 20 20 2d | . -14|.8... -|
|00001f20| 31 32 2e 38 ff 03 b3 ff | 05 32 2e 33 ff 03 b3 ff |12.8....|.2.3....|
|00001f30| 04 36 2e 39 ff 03 b3 ff | 03 37 2e 35 ff 03 b3 20 |.6.9....|.7.5... |
|00001f40| 2d 20 32 2e 32 ff 03 b3 | fd 2f ff 08 31 39 37 34 |- 2.2...|./..1974|
|00001f50| 20 20 b3 20 20 2d 32 36 | 2e 35 ff 03 b3 20 20 2d | . -26|.5... -|
|00001f60| 32 31 2e 36 ff 03 b3 ff | 05 30 2e 32 ff 03 b3 ff |21.6....|.0.2....|
|00001f70| 04 37 2e 39 ff 03 b3 ff | 03 37 2e 32 ff 03 b3 20 |.7.9....|.7.2... |
|00001f80| 2d 20 36 2e 36 ff 03 b3 | fd 0f ff 08 31 39 37 35 |- 6.6...|....1975|
|00001f90| 20 20 b3 ff 03 33 37 2e | 33 ff 03 b3 ff 03 33 37 | ...37.|3.....37|
|00001fa0| 2e 30 ff 03 b3 ff 04 31 | 32 2e 33 ff 03 b3 ff 04 |.0.....1|2.3.....|
|00001fb0| 35 2e 38 ff 03 b3 ff 03 | 35 2e 37 ff 03 b3 20 20 |5.8.....|5.7... |
|00001fc0| 31 39 2e 36 ff 03 b3 fd | 2f ff 08 31 39 37 36 20 |19.6....|/..1976 |
|00001fd0| 20 b3 ff 03 32 33 2e 36 | ff 03 b3 ff 04 33 2e 38 | ...23.6|.....3.8|
|00001fe0| ff 03 b3 ff 04 31 35 2e | 36 ff 03 b3 ff 04 35 2e |.....15.|6.....5.|
|00001ff0| 31 ff 03 b3 ff 03 39 2e | 33 ff 03 b3 20 20 31 31 |1.....9.|3... 11|
|00002000| 2e 35 ff 03 b3 fd 0f ff | 08 31 39 37 37 20 20 b3 |.5......|.1977 .|
|00002010| 20 20 2d 20 37 2e 34 ff | 03 b3 ff 03 31 39 2e 34 | - 7.4.|....19.4|
|00002020| ff 03 b3 ff 05 33 2e 30 | ff 03 b3 ff 04 35 2e 32 |.....3.0|.....5.2|
|00002030| ff 03 b3 20 20 31 30 2e | 35 ff 03 b3 ff 03 36 2e |... 10.|5.....6.|
|00002040| 31 ff 03 b3 fd 2f ff 08 | 31 39 37 38 20 20 b3 ff |1..../..|1978 ..|
|00002050| 04 36 2e 35 ff 03 b3 ff | 03 33 34 2e 33 ff 03 b3 |.6.5....|.34.3...|
|00002060| ff 05 31 2e 32 ff 03 b3 | ff 04 37 2e 31 ff 03 b3 |..1.2...|..7.1...|
|00002070| 20 20 31 35 2e 39 ff 03 | b3 20 20 31 33 2e 30 ff | 15.9..|. 13.0.|
|00002080| 03 b3 fd 0f ff 08 31 39 | 37 39 20 20 b3 ff 03 31 |......19|79 ...1|
|00002090| 38 2e 35 ff 03 b3 ff 04 | 36 2e 32 ff 03 b3 ff 05 |8.5.....|6.2.....|
|000020a0| 32 2e 33 ff 03 b3 ff 03 | 31 30 2e 30 ff 03 b3 20 |2.3.....|10.0... |
|000020b0| 20 32 30 2e 36 ff 03 b3 | 20 20 31 31 2e 35 ff 03 | 20.6...| 11.5..|
|000020c0| b3 fd 2f ff 08 31 39 38 | 30 20 20 b3 ff 03 33 32 |../..198|0 ...32|
|000020d0| 2e 35 ff 03 b3 ff 03 32 | 34 2e 34 ff 03 b3 ff 05 |.5.....2|4.4.....|
|000020e0| 33 2e 31 ff 03 b3 ff 03 | 31 31 2e 34 ff 03 b3 20 |3.1.....|11.4... |
|000020f0| 20 31 37 2e 39 ff 03 b3 | 20 20 31 37 2e 39 ff 03 | 17.9...| 17.9..|
|00002100| b3 fd 0f ff 08 31 39 38 | 31 20 20 b3 20 20 2d 20 |.....198|1 . - |
|00002110| 35 2e 30 ff 03 b3 20 20 | 2d 20 31 2e 31 ff 03 b3 |5.0... |- 1.1...|
|00002120| ff 05 37 2e 32 ff 03 b3 | ff 03 31 34 2e 32 ff 03 |..7.2...|..14.2..|
|00002130| b3 20 20 31 36 2e 36 ff | 03 b3 ff 03 36 2e 34 ff |. 16.6.|....6.4.|
|00002140| 03 b3 fd 2f ff 08 31 39 | 38 32 20 20 b3 ff 03 32 |.../..19|82 ...2|
|00002150| 31 2e 36 ff 03 b3 20 20 | 2d 20 30 2e 38 ff 03 b3 |1.6... |- 0.8...|
|00002160| ff 04 33 31 2e 31 ff 03 | b3 ff 03 31 30 2e 39 ff |..31.1..|...10.9.|
|00002170| 03 b3 ff 03 39 2e 33 ff | 03 b3 20 20 31 34 2e 34 |....9.3.|.. 14.4|
|00002180| ff 03 b3 fd 0f ff 08 31 | 39 38 33 20 20 b3 ff 03 |.......1|983 ...|
|00002190| 32 32 2e 35 ff 03 b3 ff | 03 32 34 2e 36 ff 03 b3 |22.5....|.24.6...|
|000021a0| ff 05 38 2e 30 ff 03 b3 | ff 04 38 2e 39 ff 03 b3 |..8.0...|..8.9...|
|000021b0| 20 20 31 33 2e 33 ff 03 | b3 20 20 31 35 2e 34 ff | 13.3..|. 15.4.|
|000021c0| 03 b3 fd 2f ff 08 31 39 | 38 34 20 20 b3 ff 04 36 |.../..19|84 ...6|
|000021d0| 2e 32 ff 03 b3 ff 04 37 | 2e 39 ff 03 b3 ff 04 31 |.2.....7|.9.....1|
|000021e0| 35 2e 30 ff 03 b3 ff 04 | 39 2e 39 ff 03 b3 20 20 |5.0.....|9.9... |
|000021f0| 31 32 2e 39 ff 03 b3 20 | 20 31 30 2e 34 ff 03 b3 |12.9... | 10.4...|
|00002200| fd 0f ff 08 31 39 38 35 | 20 20 b3 ff 03 33 31 2e |....1985| ...31.|
|00002210| 37 ff 03 b3 ff 03 35 36 | 2e 37 ff 03 b3 ff 04 32 |7.....56|.7.....2|
|00002220| 31 2e 33 ff 03 b3 ff 04 | 37 2e 34 ff 03 b3 ff 03 |1.3.....|7.4.....|
|00002230| 39 2e 38 ff 03 b3 20 20 | 32 35 2e 34 ff 03 b3 fd |9.8... |25.4....|
|00002240| 2f ff 08 31 39 38 36 20 | 20 b3 ff 03 31 38 2e 37 |/..1986 | ...18.7|
|00002250| ff 03 b3 ff 03 37 30 2e | 30 ff 03 b3 ff 04 31 35 |.....70.|0.....15|
|00002260| 2e 36 ff 03 b3 ff 04 36 | 2e 32 ff 03 b3 ff 03 36 |.6.....6|.2.....6|
|00002270| 2e 33 ff 03 b3 20 20 32 | 33 2e 33 ff 03 b3 fd 0f |.3... 2|3.3.....|
|00002280| ff 08 31 39 38 37 20 20 | b3 ff 04 35 2e 33 ff 03 |..1987 |...5.3..|
|00002290| b3 ff 03 32 34 2e 36 ff | 03 b3 ff 05 32 2e 33 ff |...24.6.|....2.3.|
|000022a0| 03 b3 ff 04 35 2e 39 ff | 03 b3 ff 03 35 2e 30 ff |....5.9.|....5.0.|
|000022b0| 03 b3 ff 03 38 2e 36 ff | 03 b3 fd 2f 20 41 76 65 |....8.6.|.../ Ave|
|000022c0| 2e 52 65 74 2e 2f 59 65 | 61 72 b3 fd f0 ff 03 31 |.Ret./Ye|ar.....1|
|000022d0| 30 2e 35 ff 03 b3 ff 03 | 31 37 2e 37 ff 03 b3 ff |0.5.....|17.7....|
|000022e0| 05 38 2e 37 ff 03 b3 ff | 04 37 2e 36 ff 03 b3 20 |.8.7....|.7.6... |
|000022f0| 20 31 30 2e 37 ff 03 b3 | 20 20 31 31 2e 31 ff 03 | 10.7...| 11.1..|
|00002300| fd 2f b3 00 00 01 00 00 | 00 00 00 17 00 4f 00 d2 |./......|.....O..|
|00002310| e4 b8 7c ce 03 f0 20 fd | f5 20 20 fe 5f 05 fd f0 |..|... .|. ._...|
|00002320| ff 40 fd f5 20 20 fe 5f | 05 fd f0 20 20 fd f5 c9 |.@.. ._|... ...|
|00002330| cd dd ff 03 de fd f0 ff | 17 fd 0f 20 41 53 53 45 |........|... ASSE|
|00002340| 54 20 41 4c 4c 4f 43 41 | 54 49 4f 4e 20 fd f0 ff |T ALLOCA|TION ...|
|00002350| 17 fd f5 c9 cd dd ff 03 | de fd f0 20 20 fd f5 ba |........|... ...|
|00002360| 20 dd ff 03 de fd f0 da | fe c4 19 54 59 50 45 53 | .......|...TYPES|
|00002370| 20 4f 46 20 52 49 53 4b | fe c4 18 bf fd f5 ba 20 | OF RISK|....... |
|00002380| dd ff 03 de fd f0 20 20 | fd f5 c8 cd fd b5 dd fe |...... |........|
|00002390| 5f 03 de fd f0 c9 fe cd | 0d 4d 49 58 49 4e 47 20 |_.......|.MIXING |
|000023a0| 41 4e 44 20 44 49 56 45 | 52 53 49 46 59 49 4e 47 |AND DIVE|RSIFYING|
|000023b0| 20 59 4f 55 52 20 45 58 | 50 4f 53 55 52 45 fe cd | YOUR EX|POSURE..|
|000023c0| 0c bb fd f5 c8 cd fd b5 | dd fe 5f 03 de fd f0 ff |........|.._.....|
|000023d0| 09 ba ff 3e ba ff 10 ba | 20 20 41 6e 20 61 6c 74 |...>....| An alt|
|000023e0| 65 72 6e 61 74 69 76 65 | 20 74 6f 20 74 68 65 20 |ernative| to the |
|000023f0| 65 71 75 61 6c 20 77 65 | 69 67 68 74 65 64 20 70 |equal we|ighted p|
|00002400| 6f 72 74 66 6f 6c 69 6f | 20 69 73 20 74 6f 20 6f |ortfolio| is to o|
|00002410| 76 65 72 2d 20 20 ba ff | 10 ba 20 20 77 65 69 67 |ver- ..|.. weig|
|00002420| 68 20 63 6c 61 73 73 65 | 73 20 79 6f 75 20 74 68 |h classe|s you th|
|00002430| 69 6e 6b 20 77 69 6c 6c | 20 64 6f 20 62 65 74 74 |ink will| do bett|
|00002440| 65 72 20 64 75 72 69 6e | 67 20 6c 6f 6e 67 20 74 |er durin|g long t|
|00002450| 65 72 6d ff 05 ba ff 10 | ba 20 20 74 72 65 6e 64 |erm.....|. trend|
|00002460| 73 2e 20 20 46 6f 72 20 | 65 78 61 6d 70 6c 65 20 |s. For |example |
|00002470| 6f 76 65 72 2d 77 65 69 | 67 68 69 6e 67 20 66 6f |over-wei|ghing fo|
|00002480| 72 65 69 67 6e 20 73 74 | 6f 63 6b 73 20 6f 76 65 |reign st|ocks ove|
|00002490| 72 20 74 68 65 20 20 ba | ff 10 ba 20 20 70 61 73 |r the .|... pas|
|000024a0| 74 20 31 38 20 79 65 61 | 72 73 20 77 6f 75 6c 64 |t 18 yea|rs would|
|000024b0| 20 68 61 76 65 20 74 61 | 6b 65 6e 20 61 64 76 61 | have ta|ken adva|
|000024c0| 6e 74 61 67 65 20 6f 66 | 20 62 6f 6f 6d 69 6e 67 |ntage of| booming|
|000024d0| 20 41 73 69 61 6e ff 03 | ba ff 10 ba 20 20 6d 61 | Asian..|.... ma|
|000024e0| 72 6b 65 74 73 20 61 6e | 64 20 70 72 6f 64 75 63 |rkets an|d produc|
|000024f0| 65 64 20 65 78 63 65 6c | 6c 65 6e 74 20 72 65 73 |ed excel|lent res|
|00002500| 75 6c 74 73 2e ff 15 ba | ff 10 ba ff 3e ba ff 10 |ults....|....>...|
|00002510| ba 20 20 53 68 6f 72 74 | 65 72 20 74 65 72 6d 20 |. Short|er term |
|00002520| 61 73 73 65 74 20 61 6c | 6c 6f 63 61 74 6f 72 73 |asset al|locators|
|00002530| 20 63 61 6e 20 72 65 2d | 73 68 75 66 66 6c 65 20 | can re-|shuffle |
|00002540| 74 68 65 69 72 20 70 6f | 72 74 2d ff 04 ba ff 10 |their po|rt-.....|
|00002550| ba 20 20 66 6f 6c 69 6f | 73 20 61 73 20 65 63 6f |. folio|s as eco|
|00002560| 6e 6f 6d 69 63 20 63 79 | 63 6c 65 73 20 63 6f 6d |nomic cy|cles com|
|00002570| 65 20 61 6e 64 20 67 6f | 2e ff 16 ba ff 10 ba ff |e and go|........|
|00002580| 3e ba ff 10 ba ff 18 fd | 2e 20 fd e4 53 fd 2a 48 |>.......|. ..S.*H|
|00002590| 4f 57 20 4d 45 20 4d 4f | 52 45 20 fd f0 ff 18 ba |OW ME MO|RE .....|
|000025a0| ff 10 ba ff 3e ba ff 10 | ba 20 20 57 65 27 76 65 |....>...|. We've|
|000025b0| 20 61 64 64 65 64 20 67 | 6f 6c 64 20 74 6f 20 74 | added g|old to t|
|000025c0| 68 65 20 6f 74 68 65 72 | 20 66 69 76 65 20 61 73 |he other| five as|
|000025d0| 73 65 74 20 63 6c 61 73 | 73 65 73 20 61 6e 64 20 |set clas|ses and |
|000025e0| 73 68 6f 77 ff 03 ba ff | 10 ba 20 20 79 6f 75 20 |show....|.. you |
|000025f0| 73 75 67 67 65 73 74 65 | 64 20 77 65 69 67 68 74 |suggeste|d weight|
|00002600| 69 6e 67 20 66 6f 72 20 | 63 68 61 6e 67 69 6e 67 |ing for |changing|
|00002610| 20 65 63 6f 6e 6f 6d 69 | 63 20 63 6f 6e 64 69 74 | economi|c condit|
|00002620| 69 6f 6e 73 2e ff 03 ba | ff 09 fd f5 20 20 fe 5f |ions....|.... ._|
|00002630| 05 fd f0 ba ff 3e ba fd | f5 20 20 fe 5f 05 fd f0 |.....>..|. ._...|
|00002640| 20 20 fd f5 c9 cd dd ff | 03 de fd f0 ba ff 2e fd | ......|........|
|00002650| 0a 20 4d 6f 6e 65 79 20 | fd e4 54 fd 0a 69 70 20 |. Money |..T..ip |
|00002660| fd f0 ff 05 ba fd f5 c9 | cd dd ff 03 de fd f0 20 |........|....... |
|00002670| 20 fd f5 ba 20 dd ff 03 | de fd f0 ba ff 3e ba fd | ... ...|.....>..|
|00002680| f5 ba 20 dd ff 03 de fd | f0 20 20 fd f5 c8 cd fd |.. .....|. .....|
|00002690| b5 dd fe 5f 03 de fd f0 | ba ff 3e ba fd f5 c8 cd |..._....|..>.....|
|000026a0| fd b5 dd fe 5f 03 de fd | f0 20 fd f5 fe c4 08 d0 |...._...|. ......|
|000026b0| fe c4 04 bf fd f0 ff 35 | fd f5 da fe c4 03 d0 fe |.......5|........|
|000026c0| c4 08 20 43 4f 4e 54 49 | 4e 55 45 11 c4 d9 20 b3 |.. CONTI|NUE... .|
|000026d0| fd f0 ff 35 fd f5 b3 20 | 45 58 49 54 20 3c 45 73 |...5... |EXIT <Es|
|000026e0| 63 3e 20 00 00 01 00 06 | 00 0b 00 18 00 4e 00 34 |c> .....|.....N.4|
|000026f0| 81 23 87 e8 01 f0 ff 3c | ba ff 0a fd a0 da fe c4 |.#.....<|........|
|00002700| 14 fd 0a 20 4d 4f 4e 45 | 59 20 54 49 50 20 fd a0 |... MONE|Y TIP ..|
|00002710| fe c4 13 bf fd f0 ff 05 | ba ff 0a fd a0 b3 ff 32 |........|.......2|
|00002720| b3 fd f0 ff 05 ba ff 0a | fd a0 b3 ff 32 b3 fd f0 |........|....2...|
|00002730| ff 05 ba ff 0a fd a0 b3 | 20 49 66 20 79 6f 75 20 |........| If you |
|00002740| 74 72 79 20 74 6f 20 74 | 69 6d 65 20 74 68 65 20 |try to t|ime the |
|00002750| 73 69 78 20 6d 61 72 6b | 65 74 73 20 61 6e 64 20 |six mark|ets and |
|00002760| 73 68 69 66 74 ff 05 b3 | fd f0 ff 05 ba ff 0a fd |shift...|........|
|00002770| a0 b3 20 61 73 73 65 74 | 73 20 6d 6f 72 65 20 74 |.. asset|s more t|
|00002780| 68 61 6e 20 6f 6e 63 65 | 20 61 20 79 65 61 72 2c |han once| a year,|
|00002790| 20 79 6f 75 20 61 72 65 | 20 6c 69 6b 65 6c 79 20 | you are| likely |
|000027a0| 74 6f 20 20 b3 fd f0 ff | 05 ba ff 0a fd a0 b3 20 |to ....|....... |
|000027b0| 68 75 72 74 20 6f 76 65 | 72 61 6c 6c 20 70 65 72 |hurt ove|rall per|
|000027c0| 66 6f 72 6d 61 6e 63 65 | 20 73 69 67 6e 69 66 69 |formance| signifi|
|000027d0| 63 61 6e 74 6c 79 2e ff | 0a b3 fd f0 ff 05 ba ff |cantly..|........|
|000027e0| 0a fd a0 b3 ff 32 b3 fd | f0 ff 05 ba ff 0a fd a0 |.....2..|........|
|000027f0| b3 20 45 76 65 6e 20 70 | 72 6f 66 65 73 73 69 6f |. Even p|rofessio|
|00002800| 6e 61 6c 20 6d 61 6e 61 | 67 65 72 73 20 68 61 76 |nal mana|gers hav|
|00002810| 65 20 67 72 65 61 74 20 | 64 69 66 66 69 63 75 6c |e great |difficul|
|00002820| 74 79 20 b3 fd f0 ff 05 | ba ff 0a fd a0 b3 20 62 |ty .....|...... b|
|00002830| 65 61 74 69 6e 67 20 74 | 68 65 20 66 69 78 65 64 |eating t|he fixed|
|00002840| 20 61 73 73 65 74 20 61 | 70 70 72 6f 61 63 68 2e | asset a|pproach.|
|00002850| ff 10 b3 fd f0 ff 05 ba | ff 0a fd a0 b3 ff 32 b3 |........|......2.|
|00002860| fd f0 ff 05 ba ff 0a fd | a0 b3 ff 32 b3 fd f0 ff |........|...2....|
|00002870| 05 ba ff 0a fd a0 b3 ff | 32 b3 fd f0 ff 05 ba ff |........|2.......|
|00002880| 0a fd a0 c0 fe c4 32 d9 | fd f0 ff 05 ba fd f5 20 |......2.|....... |
|00002890| 20 fe 5f 05 fd f0 ff 3c | ba fd f5 c9 cd dd ff 03 | ._....<|........|
|000028a0| de fd f0 ff 3c ba fd f5 | ba 20 dd ff 03 de fd f0 |....<...|. ......|
|000028b0| ff 3c ba fd f5 c8 cd fd | b5 dd fe 5f 03 de fd f5 |.<......|..._....|
|000028c0| c4 c4 bf fd f0 ff 35 fd | f5 da fe c4 03 d0 fe c4 |......5.|........|
|000028d0| 07 d9 20 b3 fd f0 ff 35 | fd f5 b3 ff 0b 00 00 01 |.. ....5|........|
|000028e0| 00 05 00 01 00 18 00 4e | 00 62 14 7b 90 59 03 f0 |.......N|.b.{.Y..|
|000028f0| ff 07 ba fd 2f ff 15 44 | 4f 4c 4c 41 52 20 43 4f |..../..D|OLLAR CO|
|00002900| 53 54 20 41 56 45 52 41 | 47 49 4e 47 ff 14 fd f0 |ST AVERA|GING....|
|00002910| ba ff 0e ba fd 2f ff 3e | fd f0 ba ff 0e ba fd 2f |...../.>|......./|
|00002920| 20 20 49 66 20 79 6f 75 | 20 68 61 76 65 20 6f 76 | If you| have ov|
|00002930| 65 72 20 24 35 30 2c fe | 30 03 2c 20 72 61 74 68 |er $50,.|0., rath|
|00002940| 65 72 20 74 68 61 6e 20 | 73 74 61 72 74 20 79 6f |er than |start yo|
|00002950| 75 72 20 61 73 73 65 74 | ff 06 fd f0 ba ff 0e ba |ur asset|........|
|00002960| fd 2f 20 20 61 6c 6c 6f | 63 61 74 69 6f 6e 20 70 |./ allo|cation p|
|00002970| 6c 61 6e 20 62 79 20 70 | 75 72 63 68 61 73 69 6e |lan by p|urchasin|
|00002980| 67 20 61 6c 6c 20 79 6f | 75 72 20 73 68 61 72 65 |g all yo|ur share|
|00002990| 73 20 69 6e 20 6f 6e 65 | 20 64 61 79 2c ff 03 fd |s in one| day,...|
|000029a0| f0 ba ff 0e ba fd 2f 20 | 20 79 6f 75 20 63 61 6e |....../ | you can|
|000029b0| 20 64 69 76 69 64 65 20 | 79 6f 75 72 20 74 6f 74 | divide |your tot|
|000029c0| 61 6c 20 63 61 70 69 74 | 61 6c 20 69 6e 74 6f 20 |al capit|al into |
|000029d0| 66 6f 75 72 2e ff 10 fd | f0 ba ff 0e ba fd 2f ff |four....|....../.|
|000029e0| 3e fd f0 ba ff 0e ba fd | 2f 20 20 41 74 20 74 68 |>.......|/ At th|
|000029f0| 65 20 65 6e 64 20 6f 66 | 20 65 61 63 68 20 71 75 |e end of| each qu|
|00002a00| 61 72 74 65 72 2c 20 70 | 75 72 63 68 61 73 65 20 |arter, p|urchase |
|00002a10| 65 71 75 61 6c 20 61 6d | 6f 75 6e 74 73 20 6f 66 |equal am|ounts of|
|00002a20| 20 65 61 63 68 20 20 fd | f0 ba ff 0e ba fd 2f 20 | each .|....../ |
|00002a30| 20 63 6c 61 73 73 20 70 | 6c 75 73 20 67 6f 6c 64 | class p|lus gold|
|00002a40| 20 28 35 25 29 2c 20 6b | 65 65 70 69 6e 67 20 74 | (5%), k|eeping t|
|00002a50| 68 65 20 62 61 6c 61 6e | 63 65 20 69 6e 20 6d 6f |he balan|ce in mo|
|00002a60| 6e 65 79 20 6d 61 72 6b | 65 74 ff 03 fd f0 ba ff |ney mark|et......|
|00002a70| 0e ba fd 2f 20 20 66 75 | 6e 64 73 2e 20 20 42 65 |.../ fu|nds. Be|
|00002a80| 63 61 75 73 65 20 6d 61 | 6e 79 20 66 75 6e 64 73 |cause ma|ny funds|
|00002a90| 20 68 61 76 65 20 6d 69 | 6e 69 6d 75 6d 20 69 6e | have mi|nimum in|
|00002aa0| 69 74 69 61 6c 20 64 65 | 70 6f 73 69 74 ff 05 fd |itial de|posit...|
|00002ab0| f0 ba ff 0e ba fd 2f 20 | 20 72 65 71 75 69 72 65 |....../ | require|
|00002ac0| 6d 65 6e 74 73 2c 20 77 | 69 74 68 20 6c 65 73 73 |ments, w|ith less|
|00002ad0| 20 74 68 61 6e 20 24 35 | 30 2c fe 30 03 20 69 74 | than $5|0,.0. it|
|00002ae0| 20 6d 61 79 20 62 65 20 | 68 61 72 64 65 72 20 74 | may be |harder t|
|00002af0| 6f ff 04 fd f0 ba ff 0e | ba fd 2f 20 20 69 6d 70 |o.......|../ imp|
|00002b00| 6c 65 6d 65 6e 74 20 74 | 68 69 73 20 73 74 72 61 |lement t|his stra|
|00002b10| 74 65 67 79 2e ff 24 fd | f0 ba ff 0e ba fd 2f ff |tegy..$.|....../.|
|00002b20| 3e fd f0 ba ff 0e ba fd | 2f 20 20 41 73 20 61 64 |>.......|/ As ad|
|00002b30| 64 69 74 69 6f 6e 61 6c | 20 63 61 70 69 74 61 6c |ditional| capital|
|00002b40| 20 62 65 63 6f 6d 65 73 | 20 61 76 61 69 6c 61 62 | becomes| availab|
|00002b50| 6c 65 2c 20 74 72 79 20 | 74 6f 20 6d 61 6b 65 20 |le, try |to make |
|00002b60| 65 71 75 61 6c 20 20 fd | f0 ba ff 0e ba fd 2f 20 |equal .|....../ |
|00002b70| 20 71 75 61 72 74 65 72 | 6c 79 20 61 64 64 69 74 | quarter|ly addit|
|00002b80| 69 6f 6e 73 20 74 6f 20 | 65 61 63 68 20 61 73 73 |ions to |each ass|
|00002b90| 65 74 20 63 6c 61 73 73 | 2c 20 65 78 63 65 70 74 |et class|, except|
|00002ba0| 20 67 6f 6c 64 20 28 6c | 69 6d 69 74 20 fd f0 ba | gold (l|imit ...|
|00002bb0| ff 07 fd f5 20 20 fe 5f | 05 fd f0 ba fd 2f 20 20 |.... ._|...../ |
|00002bc0| 35 25 29 2e ff 38 fd f0 | ba fd f5 20 20 fe 5f 05 |5%)..8..|... ._.|
|00002bd0| c9 cd dd ff 03 de fd f0 | ba fd 2f ff 3e fd f0 ba |........|../.>...|
|00002be0| fd f5 c9 cd dd ff 03 de | ba 20 dd ff 03 de fd f0 |........|. ......|
|00002bf0| ba fd 2f ff 3e fd f0 ba | fd f5 ba 20 dd ff 03 de |../.>...|... ....|
|00002c00| c8 cd fd b5 dd fe 5f 03 | de fd f0 ba ff 3e ba fd |......_.|.....>..|
|00002c10| f5 c8 cd fd b5 dd fe 5f | 03 de fd f5 fe c4 07 d0 |......._|........|
|00002c20| fe c4 04 bf fd f0 ff 35 | fd f5 da fe c4 03 d0 fe |.......5|........|
|00002c30| c4 07 43 4f 4e 54 49 4e | 55 45 11 c4 d9 20 b3 fd |..CONTIN|UE... ..|
|00002c40| f0 ff 35 fd f5 b3 ff 0b | 00 00 01 00 00 00 00 00 |..5.....|........|
|00002c50| 10 00 3d 00 b0 5f 7b 90 | f1 01 2f ff 15 44 4f 4c |..=.._{.|../..DOL|
|00002c60| 4c 41 52 20 43 4f 53 54 | 20 41 56 45 52 41 47 49 |LAR COST| AVERAGI|
|00002c70| 4e 47 ff 54 49 66 20 79 | 6f 75 20 61 72 65 20 75 |NG.TIf y|ou are u|
|00002c80| 73 69 6e 67 20 76 61 72 | 69 61 62 6c 65 20 6d 69 |sing var|iable mi|
|00002c90| 78 20 61 6c 6c 6f 63 61 | 74 69 6f 6e 2c 20 73 74 |x alloca|tion, st|
|00002ca0| 61 72 74 20 79 6f 75 72 | ff 0a 70 72 6f 67 72 61 |art your|..progra|
|00002cb0| 6d 20 69 6e 20 66 6f 75 | 72 20 69 6e 73 74 61 6c |m in fou|r instal|
|00002cc0| 6c 6d 65 6e 74 73 2e 20 | 20 50 75 72 63 68 61 73 |lments. | Purchas|
|00002cd0| 65 20 79 6f 75 72 20 73 | 68 61 72 65 73 20 66 6f |e your s|hares fo|
|00002ce0| 72 ff 07 65 61 63 68 20 | 71 75 61 72 74 65 72 20 |r..each |quarter |
|00002cf0| 62 79 20 75 73 69 6e 67 | 20 74 68 65 20 61 70 70 |by using| the app|
|00002d00| 72 6f 70 72 69 61 74 65 | 20 70 65 72 63 65 6e 74 |ropriate| percent|
|00002d10| 61 67 65 20 69 6e 64 69 | 63 61 74 65 64 ff 04 66 |age indi|cated..f|
|00002d20| 6f 72 20 65 61 63 68 20 | 61 73 73 65 74 20 63 6c |or each |asset cl|
|00002d30| 61 73 73 20 61 74 20 74 | 68 61 74 20 74 69 6d 65 |ass at t|hat time|
|00002d40| 2e ff 5a 43 6f 6e 74 69 | 6e 75 65 20 66 75 74 75 |..ZConti|nue futu|
|00002d50| 72 65 20 61 64 64 69 74 | 69 6f 6e 73 20 71 75 61 |re addit|ions qua|
|00002d60| 72 74 65 72 6c 79 20 61 | 6e 64 20 77 65 69 67 68 |rterly a|nd weigh|
|00002d70| 20 61 63 63 6f 72 64 69 | 6e 67 6c 79 2e ff 42 54 | accordi|ngly..BT|
|00002d80| 68 65 72 65 20 61 72 65 | 20 6d 61 6e 79 20 76 61 |here are| many va|
|00002d90| 72 69 61 74 69 6f 6e 73 | 20 79 6f 75 20 63 61 6e |riations| you can|
|00002da0| 20 75 73 65 2e 20 20 46 | 6f 72 20 65 78 61 6d 70 | use. F|or examp|
|00002db0| 6c 65 2c 20 77 68 65 6e | ff 05 61 6e 79 20 6f 6e |le, when|..any on|
|00002dc0| 65 20 63 6c 61 73 73 20 | 69 6e 63 72 65 61 73 65 |e class |increase|
|00002dd0| 73 20 6d 6f 72 65 20 74 | 68 61 6e 20 32 30 25 20 |s more t|han 20% |
|00002de0| 69 6e 20 61 20 67 69 76 | 65 6e 20 79 65 61 72 2c |in a giv|en year,|
|00002df0| ff 08 73 68 69 66 74 20 | 61 64 64 69 74 69 6f 6e |..shift |addition|
|00002e00| 61 6c 20 64 65 70 6f 73 | 69 74 73 20 74 6f 20 74 |al depos|its to t|
|00002e10| 68 65 20 6c 6f 77 65 73 | 74 20 70 65 72 66 6f 72 |he lowes|t perfor|
|00002e20| 6d 69 6e 67 20 66 75 6e | 64 ff 07 66 6f 72 20 74 |ming fun|d..for t|
|00002e30| 68 65 20 62 61 6c 61 6e | 63 65 20 6f 66 20 74 68 |he balan|ce of th|
|00002e40| 65 20 79 65 61 72 2e ff | ff ff 19 00 00 01 00 00 |e year..|........|
|00002e50| 00 00 00 0f 00 3a 00 fe | a7 7b 90 a7 01 f0 ff 0f |.....:..|.{......|
|00002e60| 42 41 49 4c 41 52 44 2c | 20 42 49 45 48 4c 20 26 |BAILARD,| BIEHL &|
|00002e70| 20 4b 41 49 53 45 52 20 | 49 4e 44 45 58 ff 4c 42 | KAISER |INDEX.LB|
|00002e80| 42 26 4b 20 69 73 20 61 | 6e 20 69 6e 76 65 73 74 |B&K is a|n invest|
|00002e90| 6d 65 6e 74 20 61 64 76 | 69 73 6f 72 79 20 66 69 |ment adv|isory fi|
|00002ea0| 72 6d 20 6c 6f 63 61 74 | 65 64 20 69 6e 20 53 61 |rm locat|ed in Sa|
|00002eb0| 6e ff 09 46 72 61 6e 63 | 69 73 63 6f 2e ff 6c 54 |n..Franc|isco..lT|
|00002ec0| 68 65 69 72 20 69 6e 64 | 65 78 20 72 65 70 72 65 |heir ind|ex repre|
|00002ed0| 73 65 6e 74 73 20 61 20 | 68 79 70 6f 74 68 65 74 |sents a |hypothet|
|00002ee0| 69 63 61 6c 20 70 6f 72 | 74 66 6f 6c 69 6f 20 65 |ical por|tfolio e|
|00002ef0| 71 75 61 6c 6c 79 ff 04 | 64 69 76 69 64 65 64 20 |qually..|divided |
|00002f00| 61 6d 6f 6e 67 20 74 68 | 65 20 66 69 76 65 20 61 |among th|e five a|
|00002f10| 73 73 65 74 20 63 61 74 | 65 67 6f 72 69 65 73 2e |sset cat|egories.|
|00002f20| 20 20 4f 6e 63 65 20 61 | 20 79 65 61 72 ff 06 61 | Once a| year..a|
|00002f30| 73 73 65 74 73 20 61 72 | 65 20 73 68 69 66 74 65 |ssets ar|e shifte|
|00002f40| 64 20 74 6f 20 6d 61 69 | 6e 74 61 69 6e 20 61 20 |d to mai|ntain a |
|00002f50| 42 69 65 68 6c 69 61 6e | 20 22 66 69 78 65 64 20 |Biehlian| "fixed |
|00002f60| 6d 69 78 22 ff 06 6f 66 | 20 32 30 25 20 69 6e 20 |mix"..of| 20% in |
|00002f70| 65 61 63 68 20 63 61 74 | 65 67 6f 72 79 2e ff 5e |each cat|egory..^|
|00002f80| 41 76 65 72 61 67 65 20 | 61 6e 6e 75 61 6c 20 72 |Average |annual r|
|00002f90| 65 74 75 72 6e 20 62 65 | 74 77 65 65 6e 20 31 39 |eturn be|tween 19|
|00002fa0| 36 39 20 61 6e 64 20 31 | 39 38 37 20 68 61 73 20 |69 and 1|987 has |
|00002fb0| 62 65 65 6e ff 07 61 72 | 6f 75 6e 64 20 31 31 2e |been..ar|ound 11.|
|00002fc0| 31 25 2c 20 61 73 20 6f | 70 70 6f 73 65 64 20 74 |1%, as o|pposed t|
|00002fd0| 6f 20 74 68 65 20 53 26 | 50 20 35 30 30 20 72 65 |o the S&|P 500 re|
|00002fe0| 74 75 72 6e 20 6f 66 20 | 31 30 2e 35 25 ff 04 69 |turn of |10.5%..i|
|00002ff0| 6e 20 74 68 65 20 73 61 | 6d 65 20 70 65 72 69 6f |n the sa|me perio|
|00003000| 64 2e ff d7 00 00 01 00 | 05 00 09 00 18 00 4e 00 |d.......|......N.|
|00003010| 50 1f e7 90 ef 02 2f ff | 0a 43 55 53 54 4f 4d 49 |P...../.|.CUSTOMI|
|00003020| 5a 49 4e 47 20 59 4f 55 | 52 20 41 53 53 45 54 20 |ZING YOU|R ASSET |
|00003030| 41 4c 4c 4f 43 41 54 49 | 4f 4e 20 50 4f 52 54 46 |ALLOCATI|ON PORTF|
|00003040| 4f 4c 49 4f ff 09 fd f0 | ba ff 07 fd 2f ff 3e fd |OLIO....|..../.>.|
|00003050| f0 ba ff 07 fd 2f 20 20 | fd 0f 55 2e 53 2e 20 73 |...../ |..U.S. s|
|00003060| 74 6f 63 6b 73 fd 2f 20 | 2d 20 59 6f 75 20 63 6f |tocks./ |- You co|
|00003070| 75 6c 64 20 63 68 6f 6f | 73 65 20 61 20 66 75 6e |uld choo|se a fun|
|00003080| 64 20 77 68 69 63 68 20 | 77 69 6c 6c 20 6d 69 72 |d which |will mir|
|00003090| 72 6f 72 20 74 68 65 20 | fd f0 ba ff 07 fd 2f 20 |ror the |....../ |
|000030a0| 20 62 72 6f 61 64 20 6d | 61 72 6b 65 74 2c 20 73 | broad m|arket, s|
|000030b0| 75 63 68 20 61 73 20 61 | 6e 20 69 6e 64 65 78 20 |uch as a|n index |
|000030c0| 66 75 6e 64 2e 20 20 49 | 66 20 79 6f 75 20 61 72 |fund. I|f you ar|
|000030d0| 65 20 61 20 79 6f 75 6e | 67 20 6f 72 20 fd f0 ba |e a youn|g or ...|
|000030e0| ff 07 fd 2f 20 20 61 20 | 6d 6f 72 65 20 61 67 67 |.../ a |more agg|
|000030f0| 72 65 73 73 69 76 65 20 | 69 6e 76 65 73 74 6f 72 |ressive |investor|
|00003100| 2c 20 79 6f 75 20 6d 69 | 67 68 74 20 70 72 65 66 |, you mi|ght pref|
|00003110| 65 72 20 61 20 64 69 76 | 65 72 73 69 66 69 65 64 |er a div|ersified|
|00003120| 20 20 fd f0 ba ff 07 fd | 2f 20 20 61 67 67 72 65 | ......|/ aggre|
|00003130| 73 73 69 76 65 20 67 72 | 6f 77 74 68 20 66 75 6e |ssive gr|owth fun|
|00003140| 64 2e ff 25 fd f0 ba ff | 07 fd 2f ff 3e fd f0 ba |d..%....|../.>...|
|00003150| ff 07 fd 2f 20 20 fd 0f | 42 6f 6e 64 73 fd 2f 20 |.../ ..|Bonds./ |
|00003160| 2d 20 59 6f 75 20 63 6f | 75 6c 64 20 73 75 62 64 |- You co|uld subd|
|00003170| 69 76 69 64 65 20 62 65 | 74 77 65 65 6e 20 74 61 |ivide be|tween ta|
|00003180| 78 61 62 6c 65 20 61 6e | 64 20 74 61 78 ff 09 fd |xable an|d tax...|
|00003190| f0 ba ff 07 fd 2f 20 20 | 65 78 65 6d 70 74 2c 20 |...../ |exempt, |
|000031a0| 6f 72 20 62 65 74 77 65 | 65 6e 20 67 6f 76 65 72 |or betwe|en gover|
|000031b0| 6e 6d 65 6e 74 2c 20 63 | 6f 72 70 6f 72 61 74 65 |nment, c|orporate|
|000031c0| 20 61 6e 64 20 22 6a 75 | 6e 6b 22 20 62 6f 6e 64 | and "ju|nk" bond|
|000031d0| 73 2e 20 20 fd f0 ba ff | 07 fd 2f ff 3e fd f0 ba |s. ....|../.>...|
|000031e0| ff 07 fd 2f 20 20 fd 0f | 46 6f 72 65 69 67 6e 20 |.../ ..|Foreign |
|000031f0| 73 74 6f 63 6b 73 fd 2f | 20 2d 20 59 6f 75 20 63 |stocks./| - You c|
|00003200| 6f 75 6c 64 20 63 68 6f | 6f 73 65 20 73 65 76 65 |ould cho|ose seve|
|00003210| 72 61 6c 20 73 69 6e 67 | 6c 65 20 63 6f 75 6e 74 |ral sing|le count|
|00003220| 72 79 ff 04 fd f0 ba ff | 07 fd 2f 20 20 66 75 6e |ry......|../ fun|
|00003230| 64 73 20 72 61 74 68 65 | 72 20 74 68 61 6e 20 6f |ds rathe|r than o|
|00003240| 6e 65 20 64 69 76 65 72 | 73 69 66 69 65 64 20 66 |ne diver|sified f|
|00003250| 75 6e 64 20 69 66 20 79 | 6f 75 20 77 61 6e 74 20 |und if y|ou want |
|00003260| 74 6f 20 62 65 ff 04 fd | f0 ba ff 07 fd 2f 20 20 |to be...|...../ |
|00003270| 6d 6f 72 65 20 61 67 67 | 72 65 73 73 69 76 65 2e |more agg|ressive.|
|00003280| ff 2c fd f0 ba ff 07 fd | 2f ff 3e fd f0 ba ff 07 |.,......|/.>.....|
|00003290| fd 2f ff 3e fd f0 ba fd | f5 20 20 fe 5f 05 fd 2f |./.>....|. ._../|
|000032a0| ff 3e fd f0 ba fd f5 c9 | cd dd ff 03 de fd 2f ff |.>......|....../.|
|000032b0| 2f fd 0a 20 4d 6f 6e 65 | 79 20 fd e4 54 fd 0a 69 |/.. Mone|y ..T..i|
|000032c0| 70 20 fd 2f ff 04 fd f0 | ba fd f5 ba 20 dd ff 03 |p ./....|.... ...|
|000032d0| de fd 2f ff 3e fd f0 ba | fd f5 c8 cd fd b5 dd fe |../.>...|........|
|000032e0| 5f 03 de fd f5 fe c4 04 | bf fd f0 ff 35 fd f5 da |_.......|....5...|
|000032f0| fe c4 03 d0 fe c4 07 11 | c4 d9 20 b3 fd f0 ff 35 |........|.. ....5|
|00003300| fd f5 b3 ff 0b 00 00 01 | 00 04 00 09 00 18 00 4f |........|.......O|
|00003310| 00 86 3f 7b 90 4b 02 2f | ff 19 44 49 56 45 52 53 |..?{.K./|..DIVERS|
|00003320| 49 46 59 49 4e 47 ff 19 | fd f0 b3 ff 08 fd 2f ff |IFYING..|....../.|
|00003330| 3e fd f0 b3 ff 08 fd 2f | 20 20 54 68 65 20 72 65 |>....../| The re|
|00003340| 61 73 6f 6e 20 74 68 61 | 74 20 64 69 76 65 72 73 |ason tha|t divers|
|00003350| 69 66 69 63 61 74 69 6f | 6e 20 6d 69 6e 69 6d 69 |ificatio|n minimi|
|00003360| 7a 65 73 20 74 68 65 73 | 65 20 72 69 73 6b 73 20 |zes thes|e risks |
|00003370| 69 73 ff 04 fd f0 b3 ff | 08 fd 2f 20 20 74 68 61 |is......|../ tha|
|00003380| 74 20 64 69 66 66 65 72 | 65 6e 74 20 61 73 73 65 |t differ|ent asse|
|00003390| 74 73 20 68 61 76 65 20 | 74 68 65 69 72 20 6f 77 |ts have |their ow|
|000033a0| 6e 20 63 6f 72 72 65 6c | 61 74 69 6f 6e 73 20 6f |n correl|ations o|
|000033b0| 72 ff 08 fd f0 b3 ff 08 | fd 2f 20 20 72 65 73 70 |r.......|./ resp|
|000033c0| 6f 6e 73 65 73 20 74 6f | 20 65 61 63 68 20 72 69 |onses to| each ri|
|000033d0| 73 6b 2c 20 73 6f 6d 65 | 74 69 6d 65 73 20 69 6e |sk, some|times in|
|000033e0| 20 6f 70 70 6f 73 69 74 | 65 20 64 69 72 65 63 74 | opposit|e direct|
|000033f0| 69 6f 6e 73 2e ff 03 fd | f0 b3 ff 08 fd 2f ff 3e |ions....|...../.>|
|00003400| fd f0 b3 ff 08 fd 2f 20 | 20 46 6f 72 20 65 78 61 |....../ | For exa|
|00003410| 6d 70 6c 65 2c 20 67 6f | 6c 64 27 73 20 70 72 69 |mple, go|ld's pri|
|00003420| 63 65 20 69 73 20 70 6f | 73 69 74 69 76 65 6c 79 |ce is po|sitively|
|00003430| 20 63 6f 72 72 65 6c 61 | 74 65 64 20 77 68 69 6c | correla|ted whil|
|00003440| 65 ff 04 fd f0 b3 ff 08 | fd 2f 20 20 62 6f 6e 64 |e.......|./ bond|
|00003450| 20 70 72 69 63 65 73 20 | 61 72 65 20 6e 65 67 61 | prices |are nega|
|00003460| 74 69 76 65 6c 79 20 63 | 6f 72 72 65 6c 61 74 65 |tively c|orrelate|
|00003470| 64 20 74 6f 20 69 6e 66 | 6c 61 74 69 6f 6e 2e ff |d to inf|lation..|
|00003480| 09 fd f0 b3 ff 08 fd 2f | 20 20 48 61 76 69 6e 67 |......./| Having|
|00003490| 20 73 6f 6d 65 20 6f 66 | 20 65 61 63 68 20 77 6f | some of| each wo|
|000034a0| 75 6c 64 20 6c 6f 77 65 | 72 20 69 6e 66 6c 61 74 |uld lowe|r inflat|
|000034b0| 69 6f 6e 20 72 69 73 6b | 2e ff 0d fd f0 b3 ff 08 |ion risk|........|
|000034c0| fd 2f ff 3e fd f0 b3 ff | 08 fd 2f ff 3e fd f0 b3 |./.>....|../.>...|
|000034d0| ff 08 fd 2f ff 3e fd f0 | b3 ff 08 fd 2f ff 3e fd |.../.>..|..../.>.|
|000034e0| f0 b3 ff 08 fd 2f ff 3e | fd f0 b3 ff 08 fd 2f ff |...../.>|....../.|
|000034f0| 3e fd f0 b3 ff 08 fd 2f | ff 3e fd f0 b3 fd f5 20 |>....../|.>..... |
|00003500| 20 fe 5f 05 fd f0 20 fd | 2f ff 3e fd f0 b3 fd f5 | ._... .|/.>.....|
|00003510| c9 cd dd ff 03 de fd f0 | 20 fd 2f ff 3e fd f0 b3 |........| ./.>...|
|00003520| fd f5 ba 20 dd ff 03 de | fd f0 20 fd 2f ff 3e fd |... ....|.. ./.>.|
|00003530| f0 b3 fd f5 c8 cd fd b5 | dd fe 5f 03 de fd f0 20 |........|.._.... |
|00003540| fd f5 fe c4 04 bf fd f0 | ff 35 fd f5 da fe c4 03 |........|.5......|
|00003550| c1 fe c4 08 11 c4 d9 20 | b3 fd f0 ff 35 fd f5 b3 |....... |....5...|
|00003560| ff 0c 00 00 01 00 06 00 | 0b 00 16 00 45 00 1a 77 |........|....E..w|
|00003570| 23 87 15 01 2f ff 3e fd | a0 da fe c4 14 fd 0a 20 |#.../.>.|....... |
|00003580| 4d 4f 4e 45 59 20 54 49 | 50 20 fd a0 fe c4 13 bf |MONEY TI|P ......|
|00003590| fd 2f ff 07 fd a0 b3 ff | 32 b3 fd 2f ff 07 fd a0 |./......|2../....|
|000035a0| b3 ff 32 b3 fd 2f ff 07 | fd a0 b3 20 49 6e 20 65 |..2../..|... In e|
|000035b0| 76 61 6c 75 61 74 69 6e | 67 20 69 6e 76 65 73 74 |valuatin|g invest|
|000035c0| 6d 65 6e 74 20 72 65 74 | 75 72 6e 2c 20 75 73 65 |ment ret|urn, use|
|000035d0| 20 52 45 41 4c 20 72 65 | 74 75 72 6e 20 b3 fd 2f | REAL re|turn ../|
|000035e0| ff 07 fd a0 b3 20 77 68 | 69 63 68 20 74 61 6b 65 |..... wh|ich take|
|000035f0| 73 20 69 6e 74 6f 20 61 | 63 63 6f 75 6e 74 20 74 |s into a|ccount t|
|00003600| 68 65 20 65 66 66 65 63 | 74 20 6f 66 20 69 6e 66 |he effec|t of inf|
|00003610| 6c 61 74 69 6f 6e 20 b3 | fd 2f ff 07 fd a0 b3 20 |lation .|./..... |
|00003620| 77 68 65 6e 20 63 6f 6d | 70 61 72 69 6e 67 20 70 |when com|paring p|
|00003630| 65 72 66 6f 72 6d 61 6e | 63 65 2e ff 16 b3 fd 2f |erforman|ce...../|
|00003640| ff 07 fd a0 b3 ff 32 b3 | fd 2f ff 07 fd a0 b3 ff |......2.|./......|
|00003650| 32 b3 fd 2f ff 07 fd a0 | b3 ff 32 b3 fd 2f ff 07 |2../....|..2../..|
|00003660| fd a0 b3 ff 32 b3 fd 2f | ff 07 fd a0 b3 ff 32 b3 |....2../|......2.|
|00003670| fd 2f ff 07 fd a0 b3 ff | 32 b3 fd 2f ff 07 fd a0 |./......|2../....|
|00003680| c0 fe c4 32 d9 fd 2f ff | b5 00 00 01 00 06 00 0a |...2../.|........|
|00003690| 00 16 00 45 00 1a 77 23 | 87 c3 01 2f ff 40 fd a0 |...E..w#|.../.@..|
|000036a0| da fe c4 14 fd 0a 20 4d | 4f 4e 45 59 20 54 49 50 |...... M|ONEY TIP|
|000036b0| 20 fd a0 fe c4 13 bf fd | 2f ff 08 fd a0 b3 ff 32 | .......|/......2|
|000036c0| b3 fd 2f ff 08 fd a0 b3 | 20 49 66 20 79 6f 75 20 |../.....| If you |
|000036d0| 68 6f 6c 64 20 61 20 62 | 6f 6e 64 20 74 6f 20 6d |hold a b|ond to m|
|000036e0| 61 74 75 72 69 74 79 2c | 20 79 6f 75 20 6f 66 66 |aturity,| you off|
|000036f0| 73 65 74 20 73 6f 6d 65 | 20 20 b3 fd 2f ff 08 fd |set some| ../...|
|00003700| a0 b3 20 6f 66 20 74 68 | 65 20 69 6e 74 65 72 65 |.. of th|e intere|
|00003710| 73 74 20 72 61 74 65 20 | 72 69 73 6b 20 62 79 20 |st rate |risk by |
|00003720| 65 6c 69 6d 69 6e 61 74 | 69 6e 67 20 74 68 65 ff |eliminat|ing the.|
|00003730| 05 b3 fd 2f ff 08 fd a0 | b3 20 63 68 61 6e 63 65 |.../....|. chance|
|00003740| 20 6f 66 20 73 65 6c 6c | 69 6e 67 20 77 68 65 6e | of sell|ing when|
|00003750| 20 72 61 74 65 73 20 68 | 61 76 65 20 74 65 6d 70 | rates h|ave temp|
|00003760| 6f 72 61 72 69 6c 79 ff | 04 b3 fd 2f ff 08 fd a0 |orarily.|.../....|
|00003770| b3 20 73 6b 79 2d 72 6f | 63 6b 65 74 65 64 2e ff |. sky-ro|cketed..|
|00003780| 24 b3 fd 2f ff 08 fd a0 | b3 ff 32 b3 fd 2f ff 08 |$../....|..2../..|
|00003790| fd a0 b3 20 54 6f 20 65 | 6c 69 6d 69 6e 61 74 65 |... To e|liminate|
|000037a0| 20 65 76 65 6e 20 6d 6f | 72 65 20 69 6e 74 65 72 | even mo|re inter|
|000037b0| 65 73 74 20 72 61 74 65 | 20 72 69 73 6b 2c 20 79 |est rate| risk, y|
|000037c0| 6f 75 ff 03 b3 fd 2f ff | 08 fd a0 b3 20 73 68 6f |ou..../.|.... sho|
|000037d0| 75 6c 64 20 73 74 61 67 | 67 65 72 20 6d 61 74 75 |uld stag|ger matu|
|000037e0| 72 69 74 69 65 73 20 61 | 6e 64 20 74 68 65 20 72 |rities a|nd the r|
|000037f0| 65 2d 70 75 72 63 68 61 | 73 65 20 6f 66 20 b3 fd |e-purcha|se of ..|
|00003800| 2f ff 08 fd a0 b3 20 6d | 6f 72 65 20 62 6f 6e 64 |/..... m|ore bond|
|00003810| 73 2e 20 20 54 68 65 20 | 6c 61 74 74 65 72 20 77 |s. The |latter w|
|00003820| 6f 72 6b 73 20 77 65 6c | 6c 20 66 6f 72 20 43 44 |orks wel|l for CD|
|00003830| 27 73 ff 06 b3 fd 2f ff | 08 fd a0 b3 20 61 6c 73 |'s..../.|.... als|
|00003840| 6f 2e ff 2c b3 fd 2f ff | 08 fd a0 b3 ff 32 b3 fd |o..,../.|.....2..|
|00003850| 2f ff 08 fd a0 c0 fe c4 | 32 d9 fd 2f ff b8 00 00 |/.......|2../....|
|00003860| 01 00 06 00 0b 00 15 00 | 45 00 c0 6b 23 87 4d 01 |........|E..k#.M.|
|00003870| 2f ff 3e fd a0 da fe c4 | 14 fd 0a 20 4d 4f 4e 45 |/.>.....|... MONE|
|00003880| 59 20 54 49 50 20 fd a0 | fe c4 13 bf fd 2f ff 07 |Y TIP ..|...../..|
|00003890| fd a0 b3 ff 32 b3 fd 2f | ff 07 fd a0 b3 ff 32 b3 |....2../|......2.|
|000038a0| fd 2f ff 07 fd a0 b3 20 | 54 68 65 20 62 65 73 74 |./..... |The best|
|000038b0| 20 77 61 79 20 74 6f 20 | 6f 66 66 73 65 74 20 65 | way to |offset e|
|000038c0| 63 6f 6e 6f 6d 69 63 20 | 72 69 73 6b 20 77 69 74 |conomic |risk wit|
|000038d0| 68 20 73 74 6f 63 6b 73 | 20 b3 fd 2f ff 07 fd a0 |h stocks| ../....|
|000038e0| b3 20 69 73 20 74 6f 20 | 64 69 76 65 72 73 69 66 |. is to |diversif|
|000038f0| 79 20 61 63 72 6f 73 73 | 20 64 69 66 66 65 72 65 |y across| differe|
|00003900| 6e 74 20 69 6e 64 75 73 | 74 72 69 65 73 2e ff 05 |nt indus|tries...|
|00003910| b3 fd 2f ff 07 fd a0 b3 | ff 32 b3 fd 2f ff 07 fd |../.....|.2../...|
|00003920| a0 b3 20 4e 6f 74 65 20 | 74 68 61 74 20 73 65 63 |.. Note |that sec|
|00003930| 74 6f 72 20 6d 75 74 75 | 61 6c 20 66 75 6e 64 73 |tor mutu|al funds|
|00003940| 20 64 6f 20 6e 6f 74 20 | 6f 66 66 73 65 74 20 74 | do not |offset t|
|00003950| 68 69 73 20 b3 fd 2f ff | 07 fd a0 b3 20 72 69 73 |his ../.|.... ris|
|00003960| 6b 20 74 68 6f 75 67 68 | 20 74 68 65 79 20 72 65 |k though| they re|
|00003970| 64 75 63 65 20 73 70 65 | 63 69 66 69 63 20 72 69 |duce spe|cific ri|
|00003980| 73 6b 2e ff 0b b3 fd 2f | ff 07 fd a0 b3 ff 32 b3 |sk...../|......2.|
|00003990| fd 2f ff 07 fd a0 b3 ff | 32 b3 fd 2f ff 07 fd a0 |./......|2../....|
|000039a0| b3 ff 32 b3 fd 2f ff 07 | fd a0 b3 ff 32 b3 fd 2f |..2../..|....2../|
|000039b0| ff 07 fd a0 c0 fe c4 32 | d9 fd 2f ff 7a 00 00 01 |.......2|../.z...|
|000039c0| 00 06 00 0b 00 15 00 46 | 00 ac af 7b 90 31 01 2f |.......F|...{.1./|
|000039d0| ff 03 fd a0 da fe c4 14 | fd 0a 20 4d 4f 4e 45 59 |........|.. MONEY|
|000039e0| 20 54 49 50 20 fd a0 fe | c4 13 bf fd 2f ff 08 fd | TIP ...|..../...|
|000039f0| a0 b3 ff 32 b3 fd 2f ff | 08 fd a0 b3 ff 32 b3 fd |...2../.|.....2..|
|00003a00| 2f ff 08 fd a0 b3 20 54 | 68 65 20 62 65 73 74 20 |/..... T|he best |
|00003a10| 77 61 79 20 74 6f 20 63 | 6f 75 6e 74 65 72 20 6d |way to c|ounter m|
|00003a20| 61 72 6b 65 74 20 72 69 | 73 6b 20 69 73 20 74 6f |arket ri|sk is to|
|00003a30| 20 69 6e 76 65 73 74 20 | b3 fd 2f ff 08 fd a0 b3 | invest |../.....|
|00003a40| 20 6c 6f 6e 67 20 74 65 | 72 6d 20 69 6e 20 73 65 | long te|rm in se|
|00003a50| 76 65 72 61 6c 20 61 73 | 73 65 74 20 74 79 70 65 |veral as|set type|
|00003a60| 73 2e 20 20 54 68 69 73 | 20 77 69 6c 6c 20 62 65 |s. This| will be|
|00003a70| 20 20 b3 fd 2f ff 08 fd | a0 b3 20 66 75 72 74 68 | ../...|.. furth|
|00003a80| 65 72 20 65 78 70 6c 61 | 69 6e 65 64 20 61 73 20 |er expla|ined as |
|00003a90| 79 6f 75 20 63 6f 6e 74 | 69 6e 75 65 20 74 68 72 |you cont|inue thr|
|00003aa0| 6f 75 67 68 20 74 68 65 | ff 04 b3 fd 2f ff 08 fd |ough the|..../...|
|00003ab0| a0 b3 20 74 75 74 6f 72 | 69 61 6c 2e ff 28 b3 fd |.. tutor|ial..(..|
|00003ac0| 2f ff 08 fd a0 b3 ff 32 | b3 fd 2f ff 08 fd a0 b3 |/......2|../.....|
|00003ad0| ff 32 b3 fd 2f ff 08 fd | a0 b3 ff 32 b3 fd 2f ff |.2../...|...2../.|
|00003ae0| 08 fd a0 b3 ff 32 b3 fd | 2f ff 08 fd a0 b3 ff 32 |.....2..|/......2|
|00003af0| b3 fd 2f ff 08 fd a0 c0 | fe c4 32 d9 fd 2f ff b9 |../.....|..2../..|
|00003b00| 00 00 01 00 06 00 0b 00 | 16 00 45 00 b0 c0 23 87 |........|..E...#.|
|00003b10| 2f 01 2f ff 3e fd a0 da | fe c4 14 fd 0a 20 4d 4f |/./.>...|..... MO|
|00003b20| 4e 45 59 20 54 49 50 20 | fd a0 fe c4 13 bf fd 2f |NEY TIP |......./|
|00003b30| ff 07 fd a0 b3 ff 32 b3 | fd 2f ff 07 fd a0 b3 ff |......2.|./......|
|00003b40| 32 b3 fd 2f ff 07 fd a0 | b3 20 49 66 20 79 6f 75 |2../....|. If you|
|00003b50| 20 6f 77 6e 20 69 6e 64 | 69 76 69 64 75 61 6c 20 | own ind|ividual |
|00003b60| 73 74 6f 63 6b 73 2c 20 | 79 6f 75 20 6e 65 65 64 |stocks, |you need|
|00003b70| 20 61 20 6d 69 6e 69 6d | 75 6d 20 b3 fd 2f ff 07 | a minim|um ../..|
|00003b80| fd a0 b3 20 6f 66 20 38 | 20 64 69 66 66 65 72 65 |... of 8| differe|
|00003b90| 6e 74 20 63 6f 6d 70 61 | 6e 69 65 73 20 69 6e 20 |nt compa|nies in |
|00003ba0| 38 20 64 69 66 66 65 72 | 65 6e 74 20 69 6e 64 75 |8 differ|ent indu|
|00003bb0| 73 2d ff 03 b3 fd 2f ff | 07 fd a0 b3 20 74 72 69 |s-..../.|.... tri|
|00003bc0| 65 73 20 74 6f 20 6f 66 | 66 73 65 74 20 73 70 65 |es to of|fset spe|
|00003bd0| 63 69 66 69 63 20 72 69 | 73 6b 20 69 6e 20 79 6f |cific ri|sk in yo|
|00003be0| 75 72 20 73 74 6f 63 6b | ff 06 b3 fd 2f ff 07 fd |ur stock|..../...|
|00003bf0| a0 b3 20 70 6f 72 74 66 | 6f 6c 69 6f 2e ff 27 b3 |.. portf|olio..'.|
|00003c00| fd 2f ff 07 fd a0 b3 ff | 32 b3 fd 2f ff 07 fd a0 |./......|2../....|
|00003c10| b3 ff 32 b3 fd 2f ff 07 | fd a0 b3 ff 32 b3 fd 2f |..2../..|....2../|
|00003c20| ff 07 fd a0 b3 ff 32 b3 | fd 2f ff 07 fd a0 b3 ff |......2.|./......|
|00003c30| 32 b3 fd 2f ff 07 fd a0 | c0 fe c4 32 d9 fd 2f ff |2../....|...2../.|
|00003c40| b5 00 00 01 00 06 00 0a | 00 18 00 4e 00 72 39 5a |........|...N.r9Z|
|00003c50| 97 10 02 f0 ff 3d ba ff | 0b fd a0 da fe c4 14 fd |.....=..|........|
|00003c60| 0a 20 4d 4f 4e 45 59 20 | 54 49 50 20 fd a0 fe c4 |. MONEY |TIP ....|
|00003c70| 13 bf fd f0 ff 05 ba ff | 0b fd a0 b3 ff 32 b3 fd |........|.....2..|
|00003c80| f0 ff 05 ba ff 0b fd a0 | b3 ff 32 b3 fd f0 ff 05 |........|..2.....|
|00003c90| ba ff 0b fd a0 b3 20 41 | 6c 74 68 6f 75 67 68 20 |...... A|lthough |
|00003ca0| 74 68 69 73 20 73 79 73 | 74 65 6d 20 69 73 20 76 |this sys|tem is v|
|00003cb0| 65 72 79 20 73 69 6d 70 | 6c 65 2c 20 69 74 20 74 |ery simp|le, it t|
|00003cc0| 61 6b 65 73 20 61 20 20 | b3 fd f0 ff 05 ba ff 0b |akes a |........|
|00003cd0| fd a0 b3 20 6c 6f 74 20 | 6f 66 20 64 69 73 63 69 |... lot |of disci|
|00003ce0| 70 6c 69 6e 65 20 74 6f | 20 6d 61 6b 65 20 69 74 |pline to| make it|
|00003cf0| 20 77 6f 72 6b 2e 20 20 | 41 74 20 79 65 61 72 2d | work. |At year-|
|00003d00| 65 6e 64 2c 20 b3 fd f0 | ff 05 ba ff 0b fd a0 b3 |end, ...|........|
|00003d10| 20 79 6f 75 20 68 61 76 | 65 20 74 6f 20 73 65 6c | you hav|e to sel|
|00003d20| 6c 20 73 6f 6d 65 20 6f | 66 20 79 6f 75 72 20 77 |l some o|f your w|
|00003d30| 69 6e 6e 65 72 73 20 61 | 6e 64 20 62 75 79 ff 04 |inners a|nd buy..|
|00003d40| b3 fd f0 ff 05 ba ff 0b | fd a0 b3 20 6d 6f 72 65 |........|... more|
|00003d50| 20 6f 66 20 79 6f 75 72 | 20 6c 6f 73 65 72 73 2e | of your| losers.|
|00003d60| ff 1d b3 fd f0 ff 05 ba | ff 0b fd a0 b3 ff 32 b3 |........|......2.|
|00003d70| fd f0 ff 05 ba ff 0b fd | a0 b3 20 59 6f 75 20 61 |........|.. You a|
|00003d80| 6c 73 6f 20 68 61 76 65 | 20 74 6f 20 66 69 67 68 |lso have| to figh|
|00003d90| 74 20 74 68 65 20 74 65 | 6d 70 74 61 74 69 6f 6e |t the te|mptation|
|00003da0| 20 74 6f 20 74 69 6e 6b | 65 72 20 20 b3 fd f0 ff | to tink|er ....|
|00003db0| 05 ba ff 0b fd a0 b3 20 | 77 69 74 68 20 74 68 65 |....... |with the|
|00003dc0| 20 66 69 78 65 64 20 61 | 6c 6c 6f 63 61 74 69 6f | fixed a|llocatio|
|00003dd0| 6e 2e 20 20 53 74 69 63 | 6b 20 77 69 74 68 20 69 |n. Stic|k with i|
|00003de0| 74 21 ff 07 b3 fd f0 ff | 05 ba ff 0b fd a0 b3 ff |t!......|........|
|00003df0| 32 b3 fd f0 ff 05 ba ff | 0b fd a0 b3 ff 32 b3 fd |2.......|.....2..|
|00003e00| f0 ff 05 ba ff 0b fd a0 | c0 fe c4 32 d9 fd f0 ff |........|...2....|
|00003e10| 05 ba fd f5 20 20 fe 5f | 05 fd f0 ff 3d ba fd f5 |.... ._|....=...|
|00003e20| c9 cd dd ff 03 de fd f0 | ff 3d ba fd f5 ba 20 dd |........|.=.... .|
|00003e30| ff 03 de fd f0 ff 3d ba | fd f5 c8 cd fd b5 dd fe |......=.|........|
|00003e40| 5f 03 de fd f5 fe c4 03 | bf fd f0 ff 35 fd f5 da |_.......|....5...|
|00003e50| fe c4 03 d0 fe c4 08 d9 | 20 b3 fd f0 ff 35 fd f5 |........| ....5..|
|00003e60| b3 ff 0b 00 00 01 00 06 | 00 0a 00 18 00 4e 00 24 |........|.....N.$|
|00003e70| 2d ea 83 e7 01 f0 ff 3d | ba ff 0b fd a0 da fe c4 |-......=|........|
|00003e80| 14 fd 0a 20 4d 4f 4e 45 | 59 20 54 49 50 20 fd a0 |... MONE|Y TIP ..|
|00003e90| fe c4 13 bf fd f0 ff 05 | ba ff 0b fd a0 b3 ff 32 |........|.......2|
|00003ea0| b3 fd f0 ff 05 ba ff 0b | fd a0 b3 ff 32 b3 fd f0 |........|....2...|
|00003eb0| ff 05 ba ff 0b fd a0 b3 | 20 59 6f 75 20 63 61 6e |........| You can|
|00003ec0| 20 63 6f 75 6e 74 20 79 | 6f 75 72 20 68 6f 6d 65 | count y|our home|
|00003ed0| 20 61 73 20 72 65 61 6c | 20 65 73 74 61 74 65 20 | as real| estate |
|00003ee0| 69 66 20 79 6f 75 72 ff | 03 b3 fd f0 ff 05 ba ff |if your.|........|
|00003ef0| 0b fd a0 b3 20 68 6f 75 | 73 65 20 69 73 20 74 79 |.... hou|se is ty|
|00003f00| 70 69 63 61 6c 20 61 6e | 64 20 6e 6f 74 20 73 75 |pical an|d not su|
|00003f10| 62 6a 65 63 74 20 74 6f | 20 65 6e 63 75 6d 62 72 |bject to| encumbr|
|00003f20| 61 6e 63 65 73 20 b3 fd | f0 ff 05 ba ff 0b fd a0 |ances ..|........|
|00003f30| b3 20 74 6f 20 6e 6f 72 | 6d 61 6c 20 61 70 70 72 |. to nor|mal appr|
|00003f40| 65 63 69 61 74 69 6f 6e | 2e 20 20 46 6f 72 20 69 |eciation|. For i|
|00003f50| 6e 73 74 61 6e 63 65 2c | 20 69 66 20 79 6f 75 72 |nstance,| if your|
|00003f60| ff 03 b3 fd f0 ff 05 ba | ff 0b fd a0 b3 20 68 6f |........|..... ho|
|00003f70| 75 73 65 20 69 73 20 6c | 6f 63 61 74 65 64 20 6e |use is l|ocated n|
|00003f80| 65 61 72 20 74 68 65 20 | 4c 6f 76 65 20 43 61 6e |ear the |Love Can|
|00003f90| 61 6c 20 64 69 73 61 73 | 74 65 72 ff 04 b3 fd f0 |al disas|ter.....|
|00003fa0| ff 05 ba ff 0b fd a0 b3 | 20 61 72 65 61 2c 20 69 |........| area, i|
|00003fb0| 74 20 69 73 20 4e 4f 54 | 20 74 79 70 69 63 61 6c |t is NOT| typical|
|00003fc0| 21 ff 19 b3 fd f0 ff 05 | ba ff 0b fd a0 b3 ff 32 |!.......|.......2|
|00003fd0| b3 fd f0 ff 05 ba ff 0b | fd a0 b3 ff 32 b3 fd f0 |........|....2...|
|00003fe0| ff 05 ba ff 0b fd a0 b3 | ff 32 b3 fd f0 ff 05 ba |........|.2......|
|00003ff0| ff 0b fd a0 b3 ff 32 b3 | fd f0 ff 05 ba ff 0b fd |......2.|........|
|00004000| a0 c0 fe c4 32 d9 fd f0 | ff 05 ba fd f5 20 20 fe |....2...|..... .|
|00004010| 5f 05 fd f0 ff 3d ba fd | f5 c9 cd dd ff 03 de fd |_....=..|........|
|00004020| f0 ff 3d ba fd f5 ba 20 | dd ff 03 de fd f0 ff 3d |..=.... |.......=|
|00004030| ba fd f5 c8 cd fd b5 dd | fe 5f 03 de fd f5 fe c4 |........|._......|
|00004040| 03 bf fd f0 ff 35 fd f5 | da fe c4 03 d0 fe c4 08 |.....5..|........|
|00004050| d9 20 b3 fd f0 ff 35 fd | f5 b3 ff 0b 00 00 01 00 |. ....5.|........|
|00004060| 04 00 08 00 18 00 4e 00 | 62 14 ea 83 4f 02 f0 c9 |......N.|b...O...|
|00004070| fe cd 0d 4d 49 58 49 4e | 47 20 41 4e 44 20 44 49 |...MIXIN|G AND DI|
|00004080| 56 45 52 53 49 46 59 49 | 4e 47 20 59 4f 55 52 20 |VERSIFYI|NG YOUR |
|00004090| 45 58 50 4f 53 55 52 45 | fe cd 0c bb ff 07 ba ff |EXPOSURE|........|
|000040a0| 3e ba ff 07 ba 20 49 66 | 20 79 6f 75 20 68 61 76 |>.... If| you hav|
|000040b0| 65 20 6c 65 73 73 20 74 | 68 61 6e 20 24 31 30 30 |e less t|han $100|
|000040c0| 2c fe 30 03 2c 20 74 68 | 65 20 62 65 73 74 20 77 |,.0., th|e best w|
|000040d0| 61 79 20 74 6f 20 69 6d | 70 6c 65 6d 65 6e 74 ff |ay to im|plement.|
|000040e0| 04 ba ff 07 ba 20 61 73 | 73 65 74 20 61 6c 6c 6f |..... as|set allo|
|000040f0| 63 61 74 69 6f 6e 20 69 | 73 20 77 69 74 68 20 6d |cation i|s with m|
|00004100| 75 74 75 61 6c 20 66 75 | 6e 64 73 2c 20 70 61 72 |utual fu|nds, par|
|00004110| 74 69 63 75 6c 61 72 6c | 79 20 61 ff 08 ba ff 07 |ticularl|y a.....|
|00004120| ba 20 66 61 6d 69 6c 79 | 20 6f 66 20 66 75 6e 64 |. family| of fund|
|00004130| 73 2e 20 20 59 6f 75 20 | 63 61 6e 20 62 75 79 20 |s. You |can buy |
|00004140| 65 71 75 61 6c 20 64 6f | 6c 6c 61 72 20 76 61 6c |equal do|llar val|
|00004150| 75 65 20 6f 66 20 74 68 | 65 20 66 69 76 65 20 ba |ue of th|e five .|
|00004160| ff 07 ba 20 63 6c 61 73 | 73 65 73 20 28 70 6c 75 |... clas|ses (plu|
|00004170| 73 20 35 25 20 6f 66 20 | 67 6f 6c 64 29 20 61 6e |s 5% of |gold) an|
|00004180| 64 20 65 61 73 69 6c 79 | 20 72 65 2d 62 61 6c 61 |d easily| re-bala|
|00004190| 6e 63 65 20 61 74 20 79 | 65 61 72 2d 65 6e 64 20 |nce at y|ear-end |
|000041a0| 20 ba ff 07 ba 20 62 79 | 20 74 65 6c 65 70 68 6f | .... by| telepho|
|000041b0| 6e 65 20 73 77 69 74 63 | 68 69 6e 67 2e ff 26 ba |ne switc|hing..&.|
|000041c0| ff 07 ba ff 3e ba ff 07 | ba 20 59 6f 75 20 63 61 |....>...|. You ca|
|000041d0| 6e 20 61 6c 73 6f 20 fd | ce 43 fd f0 75 73 74 6f |n also .|.C..usto|
|000041e0| 6d 69 7a 65 20 79 6f 75 | 72 20 66 75 6e 64 20 73 |mize you|r fund s|
|000041f0| 65 6c 65 63 74 69 6f 6e | 73 20 74 6f 20 79 6f 75 |election|s to you|
|00004200| 72 20 72 69 73 6b ff 05 | ba ff 07 ba 20 61 6e 64 |r risk..|.... and|
|00004210| 20 61 67 65 20 70 72 65 | 66 65 72 65 6e 63 65 2e | age pre|ference.|
|00004220| ff 2a ba ff 07 ba ff 3e | ba ff 07 ba ff 3e ba ff |.*.....>|.....>..|
|00004230| 07 ba ff 3e ba ff 07 ba | ff 3e ba ff 07 ba ff 3e |...>....|.>.....>|
|00004240| ba ff 07 ba ff 2d fd 0a | 20 4d 6f 6e 65 79 20 fd |.....-..| Money .|
|00004250| e4 54 fd 0a 69 70 20 fd | f0 ff 06 ba fd f5 20 20 |.T..ip .|...... |
|00004260| fe 5f 05 fd f0 ba ff 3e | ba fd f5 c9 cd dd ff 03 |._.....>|........|
|00004270| de fd f0 ba ff 3e ba fd | f5 ba 20 dd ff 03 de fd |.....>..|.. .....|
|00004280| f0 ba ff 3e ba fd f5 c8 | cd fd b5 dd fe 5f 03 de |...>....|....._..|
|00004290| fd f5 d0 fe c4 04 bf fd | f0 ff 35 fd f5 da fe c4 |........|..5.....|
|000042a0| 03 d0 fe c4 07 45 11 c4 | d9 20 b3 fd f0 ff 35 fd |.....E..|. ....5.|
|000042b0| f5 b3 20 45 58 49 54 20 | 5b 45 73 63 5d 00 00 01 |.. EXIT |[Esc]...|
|000042c0| 00 04 00 00 00 18 00 4f | 00 c2 99 79 8c d2 02 f0 |.......O|...y....|
|000042d0| 20 fd f5 c8 cd fd b5 dd | fe 5f 03 de fd f0 c9 fe | .......|._......|
|000042e0| cd 0d 4d 49 58 49 4e 47 | 20 41 4e 44 20 44 49 56 |..MIXING| AND DIV|
|000042f0| 45 52 53 49 46 59 49 4e | 47 20 59 4f 55 52 20 45 |ERSIFYIN|G YOUR E|
|00004300| 58 50 4f 53 55 52 45 fe | cd 0c bb fd f5 c8 cd fd |XPOSURE.|........|
|00004310| b5 dd fe 5f 03 de fd f0 | ff 09 ba ff 3e ba ff 10 |..._....|....>...|
|00004320| ba 20 20 57 68 65 6e 20 | 79 6f 75 20 66 69 72 73 |. When |you firs|
|00004330| 74 20 62 65 67 69 6e 20 | 61 6e 64 20 74 68 65 6e |t begin |and then|
|00004340| 20 77 68 65 6e 20 79 6f | 75 20 61 64 64 20 6d 6f | when yo|u add mo|
|00004350| 72 65 20 63 61 70 69 74 | 61 6c 2c ff 04 ba ff 10 |re capit|al,.....|
|00004360| ba 20 20 79 6f 75 20 73 | 68 6f 75 6c 64 20 63 6f |. you s|hould co|
|00004370| 6e 73 69 64 65 72 20 62 | 75 79 69 6e 67 20 79 6f |nsider b|uying yo|
|00004380| 75 72 20 73 68 61 72 65 | 73 20 6f 76 65 72 20 61 |ur share|s over a|
|00004390| 6e 20 65 78 74 65 6e 64 | 65 64 ff 05 ba ff 10 ba |n extend|ed......|
|000043a0| 20 20 70 65 72 69 6f 64 | 20 6f 66 20 74 69 6d 65 | period| of time|
|000043b0| 2e ff 2d ba ff 10 ba ff | 3e ba ff 10 ba 20 20 42 |..-.....|>.... B|
|000043c0| 79 20 75 73 69 6e 67 20 | 74 68 69 73 20 6d 65 74 |y using |this met|
|000043d0| 68 6f 64 20 63 61 6c 6c | 65 64 20 fd ce 44 fd f0 |hod call|ed ..D..|
|000043e0| 6f 6c 6c 61 72 20 63 6f | 73 74 20 61 76 65 72 61 |ollar co|st avera|
|000043f0| 67 69 6e 67 2c 20 79 6f | 75 ff 06 ba ff 10 ba 20 |ging, yo|u...... |
|00004400| 20 73 74 61 67 67 65 72 | 20 79 6f 75 72 20 70 75 | stagger| your pu|
|00004410| 72 63 68 61 73 65 73 20 | 61 6e 64 20 75 73 75 61 |rchases |and usua|
|00004420| 6c 6c 79 20 67 65 74 20 | 62 65 74 74 65 72 20 61 |lly get |better a|
|00004430| 76 65 72 61 67 65 20 70 | 72 69 63 65 20 ba ff 10 |verage p|rice ...|
|00004440| ba 20 20 66 6f 72 20 73 | 68 61 72 65 73 2e ff 31 |. for s|hares..1|
|00004450| ba ff 10 ba ff 3e ba ff | 10 ba 20 20 59 6f 75 20 |.....>..|.. You |
|00004460| 61 6c 73 6f 20 61 76 6f | 69 64 20 6d 61 6b 69 6e |also avo|id makin|
|00004470| 67 20 61 6c 6c 20 79 6f | 75 72 20 70 75 72 63 68 |g all yo|ur purch|
|00004480| 61 73 65 73 20 77 68 65 | 6e 20 74 68 65 20 6d 61 |ases whe|n the ma|
|00004490| 72 6b 65 74 73 ff 03 ba | ff 10 ba 20 20 61 72 65 |rkets...|... are|
|000044a0| 20 61 74 20 61 20 73 68 | 6f 72 74 20 72 75 6e 20 | at a sh|ort run |
|000044b0| 70 65 61 6b 20 70 6c 75 | 73 20 79 6f 75 20 61 72 |peak plu|s you ar|
|000044c0| 65 20 66 6f 72 63 65 64 | 20 74 6f 20 62 75 79 20 |e forced| to buy |
|000044d0| 73 6f 6d 65 ff 05 ba ff | 10 ba 20 20 73 68 61 72 |some....|.. shar|
|000044e0| 65 73 20 77 68 65 6e 20 | 70 72 69 63 65 73 20 61 |es when |prices a|
|000044f0| 72 65 20 6c 6f 77 2e ff | 21 ba ff 10 ba ff 3e ba |re low..|!.....>.|
|00004500| ff 10 ba ff 3e ba ff 09 | fd f5 20 20 fe 5f 05 fd |....>...|.. ._..|
|00004510| f0 ba ff 3e ba fd f5 20 | 20 fe 5f 05 fd f0 20 20 |...>... | ._... |
|00004520| fd f5 c9 cd dd ff 03 de | fd f0 ba ff 3e ba fd f5 |........|....>...|
|00004530| c9 cd dd ff 03 de fd f0 | 20 20 fd f5 ba 20 dd ff |........| ... ..|
|00004540| 03 de fd f0 ba ff 3e ba | fd f5 ba 20 dd ff 03 de |......>.|... ....|
|00004550| fd f0 20 20 fd f5 c8 cd | fd b5 dd fe 5f 03 de fd |.. ....|...._...|
|00004560| f0 ba ff 3e ba fd f5 c8 | cd fd b5 dd fe 5f 03 de |...>....|....._..|
|00004570| fd f0 20 fd f5 fe c4 08 | d0 fe c4 04 bf fd f0 ff |.. .....|........|
|00004580| 35 fd f5 da fe c4 03 d0 | fe c4 08 ff 0d b3 fd f0 |5.......|........|
|00004590| ff 35 fd f5 b3 20 45 58 | 49 54 20 3c 45 73 63 3e |.5... EX|IT <Esc>|
|000045a0| 20 00 00 01 00 07 00 0b | 00 16 00 45 00 0c 49 23 | .......|...E..I#|
|000045b0| 87 9c 01 2f ff 3e fd a0 | da fe c4 14 fd 0a 20 4d |.../.>..|...... M|
|000045c0| 4f 4e 45 59 20 54 49 50 | 20 fd a0 fe c4 13 bf fd |ONEY TIP| .......|
|000045d0| 2f ff 07 fd a0 b3 ff 32 | b3 fd 2f ff 07 fd a0 b3 |/......2|../.....|
|000045e0| ff 32 b3 fd 2f ff 07 fd | a0 b3 20 41 6c 74 68 6f |.2../...|.. Altho|
|000045f0| 75 67 68 20 69 74 20 69 | 73 20 67 65 6e 65 72 61 |ugh it i|s genera|
|00004600| 6c 6c 79 20 61 20 67 6f | 6f 64 20 69 64 65 61 20 |lly a go|od idea |
|00004610| 74 6f 20 69 6e 76 65 73 | 74 ff 03 b3 fd 2f ff 07 |to inves|t..../..|
|00004620| fd a0 b3 20 69 6e 20 61 | 72 65 61 73 20 79 6f 75 |... in a|reas you|
|00004630| 20 6b 6e 6f 77 20 77 65 | 6c 6c 2c 20 64 6f 6e 27 | know we|ll, don'|
|00004640| 74 20 6f 76 65 72 64 6f | 20 69 74 21 ff 09 b3 fd |t overdo| it!....|
|00004650| 2f ff 07 fd a0 b3 ff 32 | b3 fd 2f ff 07 fd a0 b3 |/......2|../.....|
|00004660| 20 49 66 20 79 6f 75 20 | 62 75 79 20 74 6f 6f 20 | If you |buy too |
|00004670| 6d 75 63 68 20 73 74 6f | 63 6b 20 69 6e 20 61 6e |much sto|ck in an|
|00004680| 20 69 6e 64 75 73 74 72 | 79 20 69 6e ff 06 b3 fd | industr|y in....|
|00004690| 2f ff 07 fd a0 b3 20 77 | 68 69 63 68 20 79 6f 75 |/..... w|hich you|
|000046a0| 20 77 6f 72 6b 2c 20 79 | 6f 75 20 63 6f 75 6c 64 | work, y|ou could|
|000046b0| 20 73 75 66 66 65 72 20 | 61 20 64 6f 75 62 6c 65 | suffer |a double|
|000046c0| 20 6c 6f 73 73 3a 20 20 | b3 fd 2f ff 07 fd a0 b3 | loss: |../.....|
|000046d0| 20 72 65 64 75 63 65 64 | 20 69 6e 63 6f 6d 65 20 | reduced| income |
|000046e0| 69 6e 20 61 20 64 6f 77 | 6e 74 75 72 6e 20 28 6f |in a dow|nturn (o|
|000046f0| 72 20 77 6f 72 73 65 2c | 20 61 ff 08 b3 fd 2f ff |r worse,| a..../.|
|00004700| 07 fd a0 b3 20 6c 61 79 | 2d 6f 66 66 29 20 61 6e |.... lay|-off) an|
|00004710| 64 20 70 6f 6f 72 20 73 | 74 6f 63 6b 20 70 65 72 |d poor s|tock per|
|00004720| 66 6f 72 6d 61 6e 63 65 | 2e ff 0d b3 fd 2f ff 07 |formance|...../..|
|00004730| fd a0 b3 ff 32 b3 fd 2f | ff 07 fd a0 b3 ff 32 b3 |....2../|......2.|
|00004740| fd 2f ff 07 fd a0 c0 fe | c4 32 d9 fd 2f ff 7a 00 |./......|.2../.z.|
|00004750| 00 01 00 06 00 0b 00 16 | 00 45 00 20 a7 7b 90 00 |........|.E. .{..|
|00004760| 01 2f ff 3e fd e0 da fe | c4 13 fd 0e 20 4d 4f 4e |./.>....|.... MON|
|00004770| 45 59 20 46 41 43 54 20 | fd e0 fe c4 13 bf fd 2f |EY FACT |......./|
|00004780| ff 07 fd e0 b3 ff 32 b3 | fd 2f ff 07 fd e0 b3 20 |......2.|./..... |
|00004790| 53 69 6e 63 65 20 31 39 | 36 37 2c 20 69 6e 66 6c |Since 19|67, infl|
|000047a0| 61 74 69 6f 6e 20 68 61 | 73 20 69 6e 63 72 65 61 |ation ha|s increa|
|000047b0| 73 65 64 20 6f 76 65 72 | 20 33 30 30 25 3a ff 03 |sed over| 300%:..|
|000047c0| b3 fd 2f ff 07 fd e0 b3 | ff 32 b3 fd 2f ff 07 fd |../.....|.2../...|
|000047d0| e0 b3 ff 17 66 72 6f 6d | ff 17 b3 fd 2f ff 07 fd |....from|..../...|
|000047e0| e0 b3 ff 32 b3 fd 2f ff | 07 fd e0 b3 ff 11 32 30 |...2../.|......20|
|000047f0| 30 25 20 66 6f 72 20 63 | 6c 6f 74 68 69 6e 67 ff |0% for c|lothing.|
|00004800| 10 b3 fd 2f ff 07 fd e0 | b3 ff 32 b3 fd 2f ff 07 |.../....|..2../..|
|00004810| fd e0 b3 ff 17 75 70 20 | 74 6f ff 16 b3 fd 2f ff |.....up |to..../.|
|00004820| 07 fd e0 b3 ff 32 b3 fd | 2f ff 07 fd e0 b3 ff 11 |.....2..|/.......|
|00004830| 34 30 30 25 20 66 6f 72 | 20 68 65 61 6c 74 68 20 |400% for| health |
|00004840| 63 61 72 65 2e ff 0c b3 | fd 2f ff 07 fd e0 b3 ff |care....|./......|
|00004850| 32 b3 fd 2f ff 07 fd e0 | c0 fe c4 32 d9 fd 2f ff |2../....|...2../.|
|00004860| b5 00 00 | |... | |
+--------+-------------------------+-------------------------+--------+--------+