Investment Factoids 2004
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In the December 2004 Investment Factoids

How Fund Categories Fared - Barrons
The Tier's of Economic Reports - Justin Lahart, WSJ
Ranking Fund Managers - David Armstrong, WSJ
Stock, Bond Markets Play See You Later, Allocator - Chet Currier, Bloomberg
Ranking Funds by Individual Managers - David Armstrong, WSJ
The Tier's of Economic Reports - Justin Lahart, WSJ
Before Slicing, Make Sure That the Pie Is Big - Paul Lim, NY Times
Bull Markets Were in Abundance in '04 - Tom Petruno, LA Times
Economy to Rely om Less on Consumer Spending - Danielle DiMartino, Dallas Morning News
Personality Can Shape Investing - Pamela Yip, Dallas Morning News
Service Sector Grows - Bloomberg News
Is China Pushing Up Commodity Prices? Justin Lahart, WSJ
Whether to Buy Funds Through Brokers or Direct? Lawrence Strauss, Barrons
More Ways Than One To Value Stocks - Andrew Blackman, WSJ
Investors Look Abroad, but Not for the Usual Reason - Jonathan Fuerbringer, NY Times
First Law of Shopping: Carts in Motion Stay in Motion - Kathy Lally, Washington Post
Research Finds Investors Fare Better by Purchasing A Few Stocks They Know - Jane Kim, WSJ
The Insiders Are Selling. But Is That So Bad? Mark Hulbert, NY Times
The Real Trouble with Mutual Funds - Henry Blodget, Slate
Anti-Spyware Utilities - Wayne Rash, Washington Post

Economic & Employment Stats/News
November Jobs Report - Kemba Dunham, WSJ
Hiring Strengthening - John MCauley, Dow Jones Newswires

December 2004 REIT Stats Update

Updated (12-31) Office, Industrial & Apartment Valuation Tables

December 2004 REIT Stats Update

Updated (12-31) Shopping Center, Mall & Health Care Valuation Tables

December 2004 Financial Services Stats Update

December 2004 MLP Stats Update

Most people spend a lot more time thinking about reward than risk. They've got it backwards.

In the November 2004 Investment Factoids

There Would Be Losers In the Perfect Market - Chet Currier, Bloomberg
Funny Numbers via 'Finite Insurance' - Gretchen Morgenson, NY Times
Are Insurance Stocks Worth a Gamble? Robert Hershey, NY Times
Are 05 Profit Projections Realistic? Michael Santoli, Barrons
Retirees Could Withdraw Up to 6% a Year - Jonathan Clements, WSJ
Drawing Down Retirement Accounts - Robert Powell, CBS MarketWatch
Reinvesting Fund Dividends Isn't Always the Best Alternative - Karen Damato, WSJ
Q&A with Peter Lynch - John Waggoner, USA Today
Match Investment Duration with Investment Need - Jonathan Clements, WSJ
Do Cap-Weighted Indexes Under-Perform? Mark Hulbert, NY Times
Grantham, Gross Gloomy Over Troubles and Bubbles - Chet Currier, Bloomberg
Why the Number of Triple-A Credit Ratings is Shrinking - Beth Belton, BusinessWeek
Why Interest Rates are Low - Richard Duncan, PrudentBear

Economic & Employment Stats/News
October Jobs Report - Eduardo Porter, NY Times
Forecasters Look for Strong Job Growth - Martin Wolk, MSNBC

Inflation, Portfolio Returns & Buying Power - Jeff Brown, Philadelphia Inquirer
Why Coal is Hot Again - Simon Romero, NY Times
What Wal-Mart Knows - Constance Hays, NY Times
Dividend Payers Winning Again - Norm Alster, NY Times
Eight Habits of Highly Effective People - Paul Brown, NY Times
Earnings Update - Christopher Noble, CBS MarketWatch

Analysts, Estimates & Stock Returns

A Study - The Reward for Beating Estimates - Gretchen Morgenson, NY Times
Negative Analysts Score Points - Ann Davis, WSJ
When Analysts Agree - Paul Sturm, SmartMoney
Analyst Disagreement, Forecast Bias and Stock Returns - Anna Scherbina
Analyst Disagreement, Mispricing and Liquidity - Ronnie Sadka & Anna Scherbina
Explaining Over/Underreaction in Analysts' Earnings Forecasts - Abarbanell & Lehavy
Analysts Did Better When They Went Against Grain - L Cowan, DowJones Newswires
Consensus Analyst Recommendations & Stock Returns - Barber, Lehavy, McNichols, & Trueman
Analyst Forecasts and Herding Behavior - Brett Trueman

November 2004 REIT Article Update

Office, Apartment Values Rise - Ryan Chittum, WSJ
REITs & The Tax Reform Bill - Vanessa Drucker, The Slatin Report
The Pension Real Estate Association Conference - Peter Slatin, The Slatin Report
Snapping Up Quality Office Buildings in San Francisco - R Chittum & S Muto, WSJ
Westfield Spending to Let Visitors Shop in 'Hy-Style' - Roger Vincent, LA Times
Time for Value-Added Plays - Amy S. Choi, CPN
Commercial Mortgage Delinquency Declines - Sheila Muto, WSJ
Boston's Office Rents Slide- Vacancy Rate Soars - Charles Stein, Boston Globe
Why Investors Are Still Betting on REITs - Nicholas Yulico, PRIMEDIA
Office Market Barometer - Peter Slatin, The Slatin Report

November 2004 REIT Stats Update

Updated (11-30) Office, Industrial & Apartment Valuation Tables

November 2004 REIT Stats Update

Updated (11-30) Shopping Center,, Mall & Health Care Valuation Tables


In October 2004 Investment Factoids

McJobs/Retiree Exchange Rate - Scott Burns Dallas Morning News
Some Shun Conference Calls - Bill Atkinson, The Baltimore Sun
A Matter of Missing Foreign Investors - Washington Post
Oil & Currencies - DouglastPorter, SeniorEconomist, Nesbitt Burns
An "Anti-Atkins Portfolio" - Mark Hulbert, CBS.MarketWatch
Brokers Begin to Promote ETFs - Ruth Simon, WSJ
Seven Investment Rules for a Low-Return World - Curt Morrison, Morningstar
The Aging Bull Market - Meg Richards, Associated Press
Don't Always Follow Rules - Jonathan Clements, WSJ
How Fund Categories Fared - Barrons
How to Ride the Yield Curve - Jonathan Fuerbringer, NY Times
Retirement Withdrawals - Mary Beth Franklin, Kiplinger

Economic & Employment Stats/News
September Jobs Report - Greg Ip, WSJ
Were More Jobs Created than Reported? Danielle DiMartino, Dallas Morning News
Household Survey is the Clearer-Eyed Guide - Gene Epstein, Barrons

Flat Shopping Season Seen - Reuters via LA Times
The Flip Side of "Sell in May And Go Away" - M Ashbaugh, CBS.MarketWatch

In October 2004 Factoids-Too Investment Factoids

A Credit Practice That Hurts Consumers - Kenneth Harney, LA Times
If America Is Richer, Why Are Its Families So Much Less Secure? Peter Gosselin, LA Times

October 2004 REIT Article Update

Retail Continued Gains In Q3 - Ryan Chittum, WSJ
CPG Outlet Mall Merger Reflects Shift - Terry Pristin, NY Times
National Office Update - Ryan Chittum, WSJ
NYC Office Vacancy Update - Janet Morrissey, Dow Jones Newswires
Real Estate Sector's Outlook - Ray Smith, WSJ
Site Offers New View of REITs - PR Newswires
Multi-Family REITs SMT & CPT to Merge - Dow Jones Newswire
Lease Extensions Signal a Weak Office Market - Steve Bergsman, Barrons
The REITs & Rates Debate - Steve Bergsman, NAREIT's Potfolio Magazine

October 2004 REIT Stats Update

Updated (10-29) Office, Industrial & Apartment Valuation Tables

October 2004 REIT Stats Update

Updated (10-29) Shopping Center, Mall & Health Care Valuation Tables

I have always wanted to be somebody, but I see now I should have been more specific. - Lily Tomlin

In September 2004 Investment Factoids

Bond Market Update - Aaron Lucchetti, WSJ
Three Steps and a Tumble - Mark Hulbert, CBS.MarketWatch
Don't Worry if Earnings Go Soft - Paul Lim, NY Times
Europeans Streamline - Will the Market Notice? Conrad De Aenlle, NY Times
Index Funds & Superior Returns - Scott Burns, Dallas Morning News
Friday's A Good Day For Bad News - Karen Richardson, WSJ
Companies Keep Leases Off Balance Sheets - Jonathan Weil, WSJ
Sector Analysis Expects Gains for Energy/Health Care - Jack Ablin, Barrons
Today's Investing Not for the Faint of Heart - Chuck Jaffe, Boston Globe
Consumers Play Key Role in Rates - Agnes Crane, Dow Jones Newswires
Indebted Consumers Reshape the Bond Market - Aaron Lucchetti, WSJ
Betting On Storms via 'Cat' Bonds - Mollenkamp & Oster, WSJ
Revenues are Guide to Picking IPOs - Mark Hulbert, NY Times
Oil Stocks Keep Barreling Along - Gregory Zuckerman, WSJ
Float-Weighted S&P 500 Likely to Pressure Some Stocks - Gregory Zuckerman, WSJ
Rules From a Market Psychologist - Jon Markman, MSN Money
ETF's vs. Index Funds - Karen Damato, WSJ
Wallets Running on Empty - Scott Burns, The Dallas Morning News
This Could Be a Good September - Meg Richards, AP
The Next Shock: Debt - Daniel Gross, NY Times
Affluent Investors' Optimism Declines in August - via Reuters, LA Times
More CEOs Plan to Lift Spending - Bill Sing, LA Times
Fewer Dividends Increased in August - Tom Petruno, LA Times
Cheap Stock Valuations Could Be Years Away - Greg Ip, WSJ
August Jobs Data - Jon Hilsenrath, WSJ
The Credit Market's Reaction - Brian Blackstone, Barrons
A New Breed of CD's - Simon & Kim, WSJ
Fidelity Lowers Index Fees - Hechinger & Clements, WSJ

September 2004 Factoids Too
Credit-Card Offers You Should Refuse - Kelly Spors, WSJ
The 'Art' of Public-Opinion Polls - Sharon Begley, WSJ
Trouble In a Shrinking World - Scott Burns, Dallas Morning News
Roots of Adult Diseases Trace Back to Womb - Sharon Begley, WSJ
Gadget Makes Plants Sing - Yuri Kageyama, AP via Seattle Times

Tips & Facts on Check 21
Checks to Be Put on Fast Track - Kathy Kristof, LA Times
More on 'Fast Track' - Michelle Singletary, Washington Post
More Info & Tips on Check 21 - Gail Hillebrand, Consumers Union

September 2004 REIT Article Update

Tenant-in-Common Programs - Terry Pristin, NY Times
A Slowdown in Outsourcing? Bruce Nussbaum, BusinessWeek
Some REIT Investors Start to Worry - McDonald & Damato, WSJ
Proposal Would Limit Superstores - Annys Shin, Washington Post
Wal-Mart's Growth Surge Leaves Dead Stores Behind - Kortney Stringer, WSJ
California Office Update - LA Times
Time to Sell REITs? Peter Brimelow, CBS.MarketWatch
FR Update - Marguerite Higgins, Washington Times
Real Value In a Mall Sale Is in the Property - Jerry Knight, Washington Post
Mexico Adopts REIT Concept - John Authers, Financial Times
REITs Sell Record Amount of Bonds - Dena Aubin, Reuters

September 2004 REIT Stats Update

Updated (9-30) Office, Industrial & Apartment Valuation Tables

September 2004 REIT Stats Update

Updated (9-30) Shopping Center, Mall & Health Care Valuation Tables

September Factoids Too Update

Credit-Card Offers You Should Refuse - Kelly Spors, WSJ
The 'Art' of Public-Opinion Polls - Sharon Begley, WSJ
A Shrinking Industrial World - Scott Burns, Dallas Morning News
Roots of Adult Diseases Trace Back to Womb - Sharon Begley, WSJ
Gadget Makes Plants Sing - Yuri Kageyama, AP
Checks to Be Put on Fast Track - Kathy Kristof, LA Times
More Info & Tips on Check 21 - Gail Hillebrand, Consumers Union

The only real mistake is the one from which we learn nothing. - John Powell

In the August 2004 Investment Factoids

Tweaking Your Portfolio - Paul Lim, NY Times
How Inside Stock Tips Still Flow Despite Regulatory Crackdowns - Ianthe Dugan, WSJ
Biggest Drug Firm Has an Edge - Scott Hensley, WSJ
Investors See Gains Abroad - Craig Karmin, WSJ
The Rareity of a Normal Market - Jonathan Clements, WSJ

-------------- The Oil Shock ---------------      
Oil Firms Are Reluctant to Add Capacity - Bahree & Barta, WSJ
Oil Price Spikes Caused Every U.S. Recession - Caroline Baum, Bloomberg
Oil's Rise Fails to Curb Stocks - McKay & Richardson, WSJ
Peril Trails an Oil Shock - Gretchen Morgenson, NY Times
Oil Shocks & The Economy - Ip & Calmes, WSJ
-----------------------------      
Stock Splits & Future Returns - Mark Hulbert, CBS.MarketWatch
Stag-flation - Patrick Barta, WSJ
New ETFs Aim to Beat Benchmarks - Tara Siegel Bernard, Dow Jones Newswires
Bond Market Update - Michael Derby, Dow Jones Newswires
New Study on P/E Ratios - Mark Hulbert, NY Times
Why the Sidelines Are Looking Good - Carla Fried, NY Times
Diversifying Your Dividends - Mathew Emmert, The Motley Fool
The Importance of 'Guidance' - Jonathan Fuerbringer, NY Times
Tough Times for Bond Investors - Kaja Whitehouse, WSJ
Picking Funds Is a Whole New Game - Jonathan Clements, WSJ
July Jobs Data - Greg Ip, WSJ
ROE vs. MPG - Scott Burns, The Dallas Morning News
U.S. Investors Buying Foreign Stocks at a Record Pace - Craig Karmin, WSJ
IPO Performance Stats - Gary Rivlin, NY Times

August 2004 REIT Article Update

REITs Storm N.E. Retail - James Koury, Boston Business Journal
A Mall Brawl - Julie Tamaki, LA Times
The Results of a Big Box Freeze - Steve Brown, The Dallas Morning News
REIT Sector Saw Increase In Short-Sellers In August - Janet Morrissey, Dow Jones Newswires
Values Edge Up for Offices & Apartments - Ryan Chittum, WSJ
A Muffled Boom in Houston - Bruce Nichols, The Dallas Morning News
DC Area Office Q2 Update - Washington Post
Dallas Q2 Retail Update - Steve Brown, The Dallas Morning News
Office Q2 Update - Colliers International
Office Q2 Update - REIS

August 2004 REIT Stats Update

Updated (8-31) Office, Industrial & Apartment Valuation Tables

August 2004 REIT Stats Update

Updated (8-31) Shopping Center, Mall & Health Care Valuation Tables

It's tough to make predictions - especially about the future. - Yogi Berra

In the July 2004 Investment Factoids

Corporate Bonds with Inflation Protection - Jeff Opdyke, WSJ
A Dismal Market Forecast - Mark Hulbert, NY Times
Somethings to Remember - Scott Burns, Dallas Morning News
Fund Managers Flock to Cash - Jeff Opdyke, WSJ
Investors Consider Benefits of Cash Stakes - Meg Richards, AP
Rats Might Beat People in Investing - Kathy Kristof, LA Times
With Bond Funds, Patience Often Pays - Ian McDonald, WSJ
41 Signs that You're a Savvy Investor & Saver - Jonathan Clements, WSJ
401(k) Obstacles to Success - Scott Burns, Dallas Morning News
Brokers to Pass Along Advice From Outsiders - Thomas Mulligan, LA Times
Low Fee Mutuals Win Again - Whitehouse, DowJones Newswires / Lauricella, WSJ
Five Rules of Investing - James Glassman, Washington Post
A Small Flaw in Index Funds - Mark Hulbert, NY Times
Index ETF's & Long-Term Investing - Scott Burns, The Dallas Morning News
Rising Rates & Rising Stocks? Greg Ip, WSJ
"Marking the Close" - Mark Hulbert, CBS.MarketWatch
Bond Yields in Tightening Cycles - David Kotok, Cumberland Advisors, Barrons
The Wealth Trap - Thornton Parker, Barrons
Oft-Cited Study Is Revised - Jonathan Clements, WSJ
June Jobs Data - WSJ
The Importance of Rebalancing - Jonathan Clements, WSJ
The Importance of Plastic - Jathon Sapsford, WSJ
Big Funds vs Smaller Funds - Lawrence Strauss, Barrons
Health Care Costs / US vs Japan - Justin Lahart, WSJ
Investing to Beat Inflation - James Stewart, SmartMoney
Quality Stocks Won in Q2 - Paul Lim, NY Times

July 2004 REIT Article Update

Industrial Q2 Update - Ray Smith, WSJ
Apartment Q2 Update - Suzann Silverman, CPN
LA Office Q2 Update - Roger Vincent, LA Times
Motivated Office Landlords - Nancy Sarnoff, Houston Chronicle
Retail Q2 Update - Ryan Chittum, WSJ
NYC Office Q2 Update - Ryan Chittum, WSJ
Apartment Q2 Update - Ray Smith, WSJ
Insier Sales Q2 Update - Janet Morrissey, Dow Jones Newswires
Analyst Opinion Round-Up - Bloomberg News
Office Q2 Update - Ryan Chittum, WSJ
Global Real Analytics Report - Sheila Muto, RealEstateJournal

July 2004 REIT Stats Update

Updated (7-30) Office, Industrial & Apartment Valuation Tables

July 2004 REIT Stats Update

Updated (7-30) Shopping Center, Mall & Health Care Valuation Tables

In business, the rearview mirror is always clearer than the windshield. - Warren Buffet

In June 2004 Investment Factoids

-------------- Life in a Rising Rates World ---------------        
A New Era of Rising Rates - David Leonhardt, NY Times
Rising Rates and the American Household - Louis Uchitelle, NY Times
Fear of Rising Rates Overblown - Petruno & Kristof, LA Times
Rate Increase Winners - E.S. Browning, WSJ
-----------------------------        
Investing in Foreign Stocks/Funds - James Glassman, Washington Post
Stuck in a Trading Range - Jonathan Fuerbringer, NY Times
Bullish Defend Lofty Targets - Erin Schulte, WSJ
Market Timers - Mark Hulbert, CBS MarketWatch
Market Cycles Make Comeback - E.S. Browning, WSJ
Index's Vulnerable to High Financial Sector Exposure - G Morgenson, NY Times
-------------- Investor Psychology ---------------        
Investing in a Random World - James Glassman, Washington Post
Investor Irrationality Rationally Explained - Whitney Tilson, The Motley Fool
Confidence Level Can Hamper Good Investing - Jonathan Clements, WSJ
-----------------------------        
The Unmeasured Value of Variety & Its Effect on CPI - V Postrel, NY Times
Inflation Update - Caroline Baum, Bloomberg
Big Chunk of 401(k) Money Still in Employer's Stock - Bruce Meyerson, AP
Regulators See Pattern Of Abuse In Annuity Sales - B Masters, Washington Post
-------------- Investing When Rates Go Up ---------------        
Large Caps May Fare Best As Rates Rise - Meg Richards, Associated Press
Three Problems with Small Caps - Paul Lim, NY Times
Investors Can Gird Against Inflation - Jeff Opdyke, WSJ
Money-Market Funds - Damato & McDonald, WSJ
TIPS Lack One Protection - Lucchetti & McDonald, WSJ
-----------------------------        
Low Returns in High-Risk World - Jesse Eisinger, WSJ
Inflation Looms - E.S. Browning, WSJ
Rising Inflation and Rising Stocks? Mark Hulbert, NY Times
The Difference Between Expansion & Recovery - C Pummer, CBS MarketWatch
Economy Becomes More Vibrant - Englund & MacDonald, Action Economics
Memorial Day - original content
Market Lemmings - Chet Currier, Bloomberg
Knowing When to Sell - Paul Lim, NY Times / U.S. News & World Report
Facing Oil's Realities - Scott Burns, The Dallas Morning News
Bubble-Like 27% Price Increases for Homes in Southern California - LA Times
Index's are Tough Competitor - Mark Hulbert, CBS.MarketWatch
Economic & Employment Stats/News
May Jobs Data - WSJ
Newly Created Jobs are 'Quality' Jobs - Caroline Baum, Bloomberg
Q1 Productivity is Higher - Michael Schroeder, WSJ

June 2004 REIT Article Update

Floating Rate Risk in REITs - Ray Smith, WSJ
Multilevel Shopping Centers - Nancy Sarnoff, Houston Chronicle
D.C. Apartment Update - Tim Lemke, Washington Times
Office Construction Up 81% - WSJ
Merrill Lynch Downgrades 25 - Mark Cotton, CBS.MarketWatch
Outsourcing & Office Demand - Ray Smith & Alex Frangos, WSJ
Mold & Real Estate - Terry Pristin, NY Times
REIT Dispositions Attract Savvy Investors - National Real Estate Investor
Convenience Stores Moving into Malls and Office Buildings - Kortney Stringer, WSJ
Apartments and Industrial Properties Outlook - Wall Street Transcript
"Why Real Estate?" for Institutional Investors - Hudson-Wilson, Fabozzi and Gordon

June 2004 REIT Stats Update

Updated (6-30) Office, Industrial & Apartment Valuation Tables

June 2004 REIT Stats Update

Updated (6-30) Shopping Center, Mall & Health Care Valuation Tables

In business, the rearview mirror is always clearer than the windshield. - Warren Buffet

In May 2004 Investment Factoids

Why Short-Sellers Love ETFs - Ian McDonald, WSJ
Funds Slice IPO Pies as They Want - Christopher Oster, WSJ
Funds Duck Regulatory Bullet - Chet Currier, Bloomberg
The 'Capacity' Question - Timothy Aeppel, WSJ
The 'Killer Ap' for Boomer Retirement? James Glassman, Washington Post
Will Earnings Growth Continue? D Landis, WSJ/ J Fuergringer, NY Times
Lower P/Es And a Rising Market? E.S. Browning, WSJ
The Third Year Hex - The Bank Credit Analyst via The Washington Post
Junk Bond Update - Aaron Lucchetti, WSJ
Dividend vs Non-Dividend-Paying Stocks - James Glassman, Washington Post
When Rates Rise, So Should Your 'Quality' - M Blahnik, Ft Worth Star-Tribune
Market Performance During Prior Fed Tightenings - J Fuerbringer, NY Times
Why We Tend to Take Fuel Prices Personally - J Brown, Philadelphia Inquirer
12b-1 Fees Just Enrich Firms - Tom Lauricella, WSJ
Picking Your Stock-Bond Blend - Ian McDonald, WSJ
The Party Is Over for High-Yielding Securities - Mark Hulbert, NY Times
Bear Market is Just Starting - J Markman, StockTactics Advisor/MSN Money
The Case for Measured Tightening by the Fed - John Lipsky, J.P.Morgan
The Case Against Measured Tightening by the Fed - Greg Ip, WSJ
Average Joe Saw Inflation Coming Before Wall Street - J Hilsenrath, WSJ
Investors Brace for Rate Hike Impact - Lucchetti & Sender, WSJ

-------------- Profiting When Rates Go Up ---------------        
How to Bet Bonds Will Fall - Stan Hinden, The Washington Post
Using Alternative Investments When Rates Increase - V Kahn, NY Times
Two Options for Bond Investors - MacKay Shields LLC & Columbia Funds
The Classic Strategy Used When Rates Go Up - Jesse Eisinger, WSJ
-----------------------------        
Inflation Can't Rise on Expectations Alone - Caroline Baum, Bloomberg
Eleven Reason to Sell a Mutual Fund - Paul Merriman, CBS.MarketWatch
Three Simple Rules - James Glassman, The Washington Post
Time for Big Caps? Tarquinio, NY Times/ Currier, Bloomberg
Employment & Economic Information
April Employment Data - David Leonhardt, NY Times
Falling Exports & U.S. Labor Markets - Michael Niemira, ICSC via Barrons
Productivity & Labor Costs - Neil Irwin, Washington Post
Economic Gains Push Companies to Hire - Adam Geller, AP
An Increase in Higher-Pay Jobs - Hilsenrath & Dunham, WSJ
Quick Facts
The Hedge Fund Effect - Floyd Norris, NY Times
Record Year for Dividends - Karen Talley, WSJ
Diminished Expectations Reminder - Jonathan Clements, WSJ
Individual Bonds vs Bond Funds - Jonathan Clements, WSJ

May 2004 Factoids Too Investment Factoids
A New Checking Account Scam - Mayer & Witte, Washington Post
The Risk of Being a Co-Signer - Kelly Spors, WSJ
J.D. Power Survey - Tom Brown, Reuters & Joe White, WSJ
Busting the Biggest PC Myths - Gregg Keizer, PC World
Credit-Report Errors - Amy Doolittle, Washington Times
How to Check Credit Bureau Reports - Kathy Kristoff, LA Times
More FICO/Credit Questions - Pamela Yip, The Dallas Morning News
Better-Tasting Beef Through Genetic Testing - Regalado & Killman, WSJ
Some States Extend Prescription-Writing Powers - Jane Spencer, WSJ
Homeownership Falls for Working Families - Associated Press
Virtual Credit Account Numbers - Kathy Chu, WSJ / Jennifer Bayot, NY Times
Employee Reviews Fail to Communicate - Andrea Coombes, CBS MarketWatch
J.D. Power Initial Quality Survey - Hakim, NY Times & O'Dell, LA Times
Shady Credit-Card Traps - Ray Martin, CBS.MarketWatch
Credit-Card Fees Are Rising Faster - Ruth Simon, WSJ

May 2004 REIT Article Update

REIT Volatility Fueled By Short Sellers - Janet Morrissey, Dow Jones Newswires
Landlords Push Renters Insurance - Ray Smith, WSJ
Reis Q1 Stats for Office & Apartments - Ryan Chittum, WSJ
Industrial Property Q1 Update - Ray Smith, WSJ
Retail Market Rankings - Ray Smith, WSJ
Thornburg Mortgage - James Glassman, Washington Post
EOP: Office Market is Still Tough - Michael McHugh, Dow Jones Newswires
PLD/Eaton Vance Buy KTR - Janet Morrissey, Dow Jones Newswires
Changing Conditions are Making Medical Offices Hot - Terry Pristin, NY Times
REITs: Not Throught with Their Correction? - James Glassman, Washington Post
Big Retailers Reclaim Niche and Cachet - Anne D'innocenzio, Associated Press

May 2004 REIT Stats Update

Updated (5-28) Office, Industrial & Apartment Valuation Tables

May 2004 REIT Stats Update

Updated (5-28) Shopping Center, Mall & Health Care Valuation Tables

Only those who risk going too far can possibly find out how far one can go. - T.S. Eliot

In the April 2004 Investment Factoids

Fed May Have Acted on False Alarms - Greg Ip, WSJ
Morningstar Lets Tainted Funds Out of Doghouse - Christopher Oster, WSJ
Morningstar Angers Some Funds With New Ratings - Lauricella & Oster, WSJ
The Capital-Inflow Surplus - David Ranson, Barrons
Where to Invest As Interest Rates Rise - Gregory Zuckerman, WSJ
Praise for Dividends - Paul Lim, U.S. News & World Report
New Proxy Voting Rules' Unintended Effect - Chuck Jaffe, Boston Globe
Stock Volatility & Earnings Season - Meg Richards, AP
Advanced Debt Market Strategies 101 - Zuckerman, McDonald, WSJ
Correcting a Tax Return - Tom Herman, WSJ
Avoid Leaving Heirs a Headache - Jonathan Clements, WSJ
Time for an End to Low Interest Rates - Floyd Norris, NY Times
Aggregate Fund Portfolio Turnover Falls - Chet Currier, Bloomberg
Four Fund Myths To Forget, Four Facts to Remember - Ian McDonald, WSJ
What If 2004 Really Is Like 1994? Caroline Baum, Bloomberg
Strategies to Lower Your Taxes in the Years Ahead - Jonathan Clements, WSJ
Most US Firms Pay No Income Taxes - Warren Vieth, LA Times
How Fund Categories Fared - Barrons
Legal Tax Shelters - Rachel Silverman and Tom Herman, WSJ
Sell In May and Go Away - Mark Hulbert, CBS.MarketWatch
Stocks, Real Estate & Rising Rates - Caroline Baum, Bloomberg
Managed Funds vs Index Funds - Jeff Brown, Philadelphia Inquirer

April 2004 REIT Article Update

Six Great & Cheap REITs - Jon Markman, MSN Money
REITs: A Contrarian View - Edward Stavetski, RealMoney.com
California Apartment Update - Arlene Martínez, LA Times
RCF [Retained Cash Flow] & REITs - Christopher Edmonds, RealMoney.com
DC Replaced as Nation's Top Office Market - Tim Lemke, Washington Times
Store Closings Hurt Retail Real-Estate Sector - Ryan Chittum, WSJ
'Big Box' Chains Redesign Stores to Fit In - Ann Zimmerman, WSJ
Capitalization Rates 101 - Howie Gelbtuch, Reis
Q1-04 Sets Record REIT Bond Issuance - Jennifer Duell, CPN
Productivity & the Industrial Sector - Neil Weilheimer, CPN
Booming REIT Sector Starts To Show Stress Cracks - E.S. Browning, WSJ
Regional Mall Prices Cause Sticker Shock - Amy Choi, CPN
Over-Supply of Mall Space? - Shelia Muto, WSJ
Office & Apartment Update - Chittum & Smith, WSJ
Green Street Advisors Talks REIT Valuations - Sandra Ward, Barrons

April 2004 REIT Stats Update

Updated (4-30) Office, Industrial & Apartment Valuation Tables

April 2004 REIT Stats Update

Updated (4-30) Shopping Center, Mall & Health Care Valuation Tables

It's tough to make predictions - especially about the future. - Yogi Berra


In the March 2004 Investment Factoids

Closed-End Funds Keep On Rolling - Gretchen Wilson, WSJ
February Economic Stats - Nell Henderson, Washington Post
The 'Risk Based' Audit Model Can/Does Miss Problems - Jonathan Weil, WSJ
Wary Muni Funds Take Long View - Michael Pollock, WSJ
Market Update - Jonathan Fuerbringer, NY Times
Market Update II - Erin Schulte, WSJ
Commodities, Diversification & Your Portfolio - James Glassman, Washington Post
Hedge Funds & Stale Prices - Mark Hulbert, NY Times
The 'Window Dressing' Effect - Brooke Masters, Washington Post
Emotions & Prices - Sharon Begly, WSJ
Mutual-Fund Undisclosed Charges Study - John Hechinger, WSJ
IRS Makes It Easier to Tap Annuity - Kaja Whitehouse, WSJ
Government Taxes & Distributions vs Financial Planning - Jonathan Clements, WSJ
Falling Interest Rates Cause Investors to Take Risks - Floyd Norris, NY Times
Pros Hunt for Signs of a Market Peak - E.S. Browning, WSJ
Don't Fear the Fed [Yet] - Jonathan Laing, Barrons
Sectors to Avoid During Rate Hikes - Jonathan Laing, Barrons
Sector Rotation - E.S. Browning, WSJ
The Good and Bad of a Fund Closing - Chuck Jaffe, Boston Globe
Dividends Stocks Should be Dandy - James Glassman, Washington Post
It's Still a Fat Cat World - Ann Davis, WSJ
A Bad Solution to Market Timing - Chuck Jaffe, Boston Globe
Schedule D Grows as Taxes Shrink - Kathy Kristof, LA Times
Employment & Economic Information
The Jobs Mystery - Jay Hancock, Baltimore Sun
Jobs Stats II - Gene Epstein, Barrons
Jobs Stats III - Robert Barro, Harvard & the Hoover Institution, WSJ
Education & Employment - Louis Uchitelle, NY Times
Managed Funds vs Index Funds - Jeff Brown, Philadelphia Inquirer
Earnings Expectations - Joseph Cooper, Thomson First Call, NY Times
Finding a Financial Planner - Andrew Caffrey, Boston Globe
Debt & Seniors - Scott Burns, Dallas Morning News
The Value of Money is Falling - Prince & Rotenberg, Bridgewater Daily Observations
Net Worth of U.S. Households Rises - Hagerty & Lagomarsino, WSJ
Fewer Mutual Funds in the Future - Yuka Hayashi, Dow Jones Newswires

March 2004 REIT Article Update

Apartment Numbers are Rising For Healthy Seniors - Ray Smith, WSJ
LA County Apartment Rents to Climb 6% in 2004 - Roger Vincent, LA Times
Investors Fear Price Slump For Office Space - Ray Smith, WSJ
Abandoning the Mall - Kortney Stringer, WSJ
Industrial Acquisitions Prove Sector Is Improving - Lindsey Myers, CPN
Industrial Outllok - Hugh F. Kelly, CIRE
Office Valuation Update - Sheila Muto, WSJ
Office Outllok - Hugh F. Kelly, CIRE
Cushman & Wakefield Office Forecast - Ryan Chittum, WSJ
Malls Are Creations of Developers - Margaret Webb Pressler, Washington Post
Multifamily Demand to Improve in 04 - Primedia
Apartments Likely to Lose Value - Anne Kasper, CPN
California vs Big-Boxed Wal-Mart - John Ritter, USA Today
The Blight of Dark Big-Box Stores - Patricia Kirk, Retail Traffic
Putting New Life Into Dead Spaces - Lee Murphy, National Real Estate Investor
WiFi @ the Mall - Leslie Walker, Washington Post
St Louis Update - Gretchen Pienta, CIRE

March 2004 REIT Stats Update

Updated (3-26) Office, Industrial & Apartment Valuation Tables

March 2004 REIT Stats Update

Updated (3-26) Shopping Center, Mall & Health Care Valuation Tables

In the Feb-March 'Late Trading' / 'Market Timing' Update

Look Beyond the Headlines - Chuck Jaffe, Boston Globe
SEC Checks Fees On Index Funds - Instituional Investor's Fund Action
MFS Reaches $225 Million Settlement - John Hechinger, WSJ

I was drowning my sorrows, but my sorrows, they learned to swim. - U2, Until the End of the World

In the February 2004 Investment Factoids

Portolio Size Matters - Mark Hulbert, CBS MarketWatch
Have Individual Stocks Become More Volatile - Cambell, Lettau, Malkeil & Xu
SEC Seeks Your Comments on Fund Directors - Jeff Brown, Philadelphia Inquirer
Inflation and Stock P/Es - Mark Hulbert, NY Times
The Decline of Inflation & the Bull Market - Ritter & Warr
Fund Ads Flaunt Returns Without Showing Risks - Chuck Jaffe, Boston Globe
Puzzling Questions - Jonathan Clements, WSJ
Confusing Rule Affects Mutual's Dividends - Chuck Jaffe, Boston Globe
Small-Caps May Keep Winning - James Glassman, Washington Post
Buildup of Cash Isn't Swaying Hiring - Tom Petruno, LA Times
How Risky are Stocks? Jeff Brown, Philadelphia Inquirer
Reasonable Valuations - The Babson Staff Letter via Washington Post
Low Rates Boost S&P Income - Jesse Eisinger, WSJ
Why ETFs are (and will stay) Index Funds - Mark Hulbert, NY Times

-------------- MLP Feature ---------------        
Master Limited Partnerships 101 - Michael Brush, MSN Money
More MLP Information from Wachovia Securities
More MLP Information - Lauren Rudd, Pittsburg Post-Gazette
MLPs vs Royalty Trusts - Dorothy Hinchcliff, Financial Advisor Magazine
MLP Valuation Data & MLP Dividend History
-----------------------------        
Open Secrets of Abuse Continue - Pulliam, Craig & Smith, WSJ
Muni Pricing - Joe Mysak, Bloomberg
Financial Plans: A Service or Selling Aid? Ruth Simon, WSJ
Earnings Quality Matters - Gretchen Moregenson, NY Times
Deloitte's 401(l) Survey - Tom Petruno, LA Times
Applying for Refund may be Time Misspent - Chuck Jaffe, Boston Globe
Treasury Ending E-Bond Roll-Over - Albert Crenshaw, Washington Post

In the February 2004 Factoids Too

Victoria's Real Secret - Jessica Seigel, NY Times
Hidden Markup of Auto Loans - Michelle Singletary, Washington Post
Credit Cards' 'Over-Limit' Fees - Liz Pulliam Weston, Philadelphia Inquirer
Politically Correct Food - Katy McLaughlin, WSJ
Source of the Fat Problem - Betsy McKay, WSJ
Research Links Religion to Economic Development - F Lee, NY Times
A Quick Tech Quiz - Bill Husted Atlanta Journal-Constitution

February 2004 REIT Article Update

Apartment Update - Ray Smith, WSJ
Decrease in Values Of Office Buildings Slows - Ryan Chittum, WSJ
U.S. REIT Outlook Stable - Moody's Investors Service
Office Space is Rebounding in Boston - Davis Bushnell, Boston Globe
Trends in Real Estate - Ray Smith, WSJ
Analysts See End To Great REIT Returns - J Morrissey, Dow Jones Newswires
Cost Cutting Warehouses - Terry Pristin, NY Times
Green Street Advisors' Sullivan on Industrail REITs - Sam Truitt, Reis
2004 Raymond James Outlook - Puryear, Crow & Avalos, Raymond James
2004 Reis Office Outlook - Lloyd Lynford, Reis
2004 Reis Apartment Outlook - Lloyd Lynford, Reis
2004 Reis Retail Outlook - Lloyd Lynford, Reis

February 2004 REIT Stats Update

Updated (2-27) Office, Industrial & Apartment Valuation Tables

February 2004 REIT Stats Update

Updated (2-27) Shopping Center, Mall & Health Care Valuation Tables

February 2004 Financial Services Update

Updated (2-27) Money Center Bank Valuation Tables
Finding Money in Banks - James Glassman, Washington Post
Bank Update - Thomas Brown, Second Curve Capital via NY Times
Updated (2-27) Broker Valuation Tables
Brokerage Stocks - Porus Cooper, Philadelphia Inquirer
Online Brokers Update - Greg Morcroft, CBS.MarketWatch

Time may be a great healer - but it's a lousy beautician.

In the January 2004 Investment Factoids

Six Signs We're Too Bullish - Chris Pummer, CBS MarketWatch
Manufacturering Update - Clare Ansberry, WSJ
Substantial Costs Hidden in Mutuals Fees - Todd Mason, Philadelphia Inquirer

-------------- High P/E's & Optimistic Forecasts ---------------
High P/Es & Expectations Often are Not Warranted - Mark Hulbert, NY Times
The Level & Persistence of Growth Rates - Chan, Karceski & Lakonishok
Forecasting Profitability & Earnings - Eugene Fama & Kenneth French
Forecasting Profitability & Earnings: A Study of the UK Market - Allen & Salim
-----------------------------
Time for Big Caps? Odette Galli, SmartMoney
Beating Forecasts Will Get Tougher - E.S. Browning, WSJ
Lost Jobs & Rising Incomes? Gene Epstein, Barrons
Trade Creates More Jobs than it Kills - Andrew Cassel, Philadelphia Inquirer
The In-shoring Trend - Irwin Kellner, CBS.MarketWatch
Fund Incubation - Mark Hulbert, NY Times
How Fund Categories Fared - Barrons
Outlook 2004 - Tom Petruno, LA Times / Ken Brown, WSJ
Outlook 2004 - John Berry, Washington Post
Outlook 2004 - Eileen Ambrose, The Baltimore Sun
Outlook 2004 - Kelly Spors, WSJ
The Boldest 2004 Predictions - Constance Mitchell Ford, WSJ
High P/E Ratios - Jonathan Fuerbringer, NY Times
Vanguard Dives Into ETF Market - Yuka Hayashi, WSJ
A Dark Side To Stock Buy-Backs - Gretchen Morgenson, NY Times
Junk Bond Update - Tom Petruno, LA Times
December Employment Report - Caroline Baum, Bloomberg
Dividend Update - Tom Petruno, LA Times
High [Priced] Tech - Jesse Eisinger, WSJ

In the January 2004 Factoids Too

'Combos' Treat Two Disorders With One Pill - Scott Hensley, WSJ
Auto Insurance & Safety Data Online - Teresa McUsic, Ft Worth Star-Telegram
When Meats Meet Market Mayhem - Jerry Hirsch, LA Times
A Year To Go Before Free Credit Reports - Shannon Buggs, Houston Chronicle
Rising Income Inequality - David Leonhardt, NY Times
Is Income Gap Long or Short Term Trend? A Cassel, Philadelphia Inquirer
Are Low-Paying Sectors Dominating US Job Growth? N Cleeland, LA Times
Greenspan Confident about Regaining Jobs - Martin Crutsinger, Associated Press
Fed Data on Household Net Worth - Greg Ip, WSJ
Placebo Effect Stats & Stories - Carl Elliott, London Review of Books
From Paycheck to Plastic - Caroline Mayer, Washington Post
Disfluencies - Michael Erard, NY Times
Instant Refunds - Jeff Gelles, Philadelphia Inquirer
More "Instant Refund" Stats - Eileen Ambrose, Baltimore Sun
"Instant Refund" on Plastic - Jennifer Bayot, NY Times
Social Security Stats - Scott Burns, Dallas Morning News
Bush Won't Win in 04 - Alan Abelson, Barrons
Eurekster Search Engine Opens - Chris Gaither, Boston Globe
Google Searches More Codes & Numbers - Leslie Walker, Washington Post
Two Tech Resolutions for 2004 - Bill Husted, AJC
A Reason to Drop IE - Walter Mossberg, WSJ

January 2004 'Scandle in the Fund Industry' Update

Investigators Find Abuses in Annuities - Joseph Treaster, NY Times
Index Funds Drawing Scrutiny of Regulators - Hamilton & Friedman, LA Times
Fund Probe Focusing on Brokerage Deals - Hamilton & Friedman, LA Times

January 2004 REIT Article Update

2004 US Market Outlook - Prudential Real Estate Investors
Q4 Retail Real Estate Update - Ryan Chittum, WSJ
Apartment Developers are Still Building Units - Steve Brown, Dallas Morning News
More National Apartment Stats - Ray Smith, WSJ
Apartment Market Improving - Anne Kasper, CPN
Class-A Apartments Attracting Renters - G Willett, CRBE's Multi-Housing Monitor
Large Retailers Snapping Up Vacant Sites - Steve Quinn, Dallas Morning News
A Big-Box Building Spree - USA Today
Have REITs Taken a Wrong Turn? Michael Kahn, Barrons
Insider Selling Among REITs Up 14-Fold - J Morrissey, Dow Jones Newswires
LA Office Update - Roger Vincent, LA Times
LA Apartment & Retail Update - Jennifer Duell, CPN
DC Apartment Update - Dana Hedgpeth, Washington Post
DC Office Update - Neil Irwin, Washington Post
More DC Stats - Tim Lemke, Washington Times
Boston Office Update - Boston Globe
Boston Apartment Update - S Butler & B St.John, CRBE's Multi-Housing Monitor
Industrial Update - Ray Smith, WSJ
Souteastern Industrial Market - National Real Estate Investor
NYC Office Update - Therese Fitzgerald, CPN
Chicago Apartment Update - Reis Insights
Houston Office Update - Jennifer Duell, CPN
Chase/Bank One Merger Will Hurt Office Vacencies - R Bivins, Houston Chronicle
Apartment Markets Forecast 2004 - Ray Smith, WSJ
Conditions Exist for Weak REIT Year - Triangle Business Journal
Secondary Offerings Led to Under-Performing Stocks - David Bodamer, CPN
An Experiment in Stock Picking

January 2004 REIT Stats Update

Updated (1-30) Office, Industrial & Apartment Valuation Tables

January 2004 REIT Stats Update

Updated (1-30) Shopping Center, Mall & Health Care Valuation Tables

January 2004 Financial Services Update

Before you criticize someone, you should walk a mile in their shoes.
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