Index
12b-1 fee 401(k) plan

AAII
Absolute return fund
Access to new issues
Account agreement
Accounting Principles Board
Accounting risk
Accredited investors
Accumulate rating
Actively managed mutual fund portfolios
Actuals versus cash-settled contracts
Advance-decline (A-D) lines
Advisor
Aggressive growth funds
AIG
Alpha
Alpha Magazine
Alternative investments
funds of hedge funds (FoHF)
hedge funds
other alternatives
Alternative public offerings (APOs)
Alternative trading system (ATS)
American Association of Individual Investors
American Depository Receipts (ADRs)
American Stock Exchange
American style option
AMEX
Analysts
Annualized returns
arithmetic (simple)
geometric (compound)
Annualizing rates of return
Annual rate of return
Annual report
Annuity bonds
Arbitrage
Arithmetic mean
Arithmetic (simple) return
calculation example
Ascending tops
Asking price
Asset allocation
Asset allocation funds
Asset-backed securities, (ABS)
Assets
At par purchase
Authorized shares
Average

Bailout
Balanced funds
Balance sheet example
Balancing risk and return
Bank for International Settlements
Bank of America
Bankruptcy priority of claims in
Banks
Barrons
Barter
compared with money-based trading
Basis point
Basis risk
Bearer bond
Bear market
Behavioral finance
Benchmark
Benchmark risk
Berkshire Hathaway
Beta (beta coefficient)
Better Investing
Bid
Black, Fischer
Black Monday
Black-Scholes formula
Black-Scholes option pricing model
Black Tuesday
Bloomberg
Blue chip
Blue chip stocks
Board of directors
Bogle, John
Bond and income funds
Bondholders
Bond market overview
corporates
money market
mortgage-backed securities and other asset-backed securities
municipals
treasuries
Bond risk
credit risk
exchange rate risk
interest rate risk
reinvestment risk
Bonds
advantages of
disadvantages of
Bonds, characteristics of
call and related features
credit quality, ratings, and insurance
fixed versus floating rates and foreign currencies
four important yield measures
interest versus discount
lifespan of bonds
relationship of price to yield
Bond swaps
Book entry
Book value
Bots (robots)
Breakout
Brokerage, hidden cost of
Brokers
Budget deficit
Budget surplus
Buffett, Warren
Bullish
Bull market
Bureau of Public Debt
Buttonwood Agreement
Buttonwood Group
Buyer
Buying climax
Buy rating
Buy side
But stock and buy put
Buy stock and sell call
Buy stock, buy put, and sell call
Buy-write investment strategy

Calahan, Edward A.
Calendar spreads
Call
Called away
Call market
Call options
Call premium
Call price
Call provisions
Capacity constraints
Capital
Capital appreciation
Capital Asset Pricing Model (CAPM)
Capital events
Capital gains
Capital gains distributions
Capital stock
Cash
Cash Management Account
Cash-settled contracts
Cash settlement
Catastrophic risk
Central banks
Certified Financial Planner (CFP)
CFA Institute
Charting strategies
advance-decline (A-D) lines
ascending tops
breakout
buying climax
correction
descending tops
dip
double bottom
double top
Elliott Wave
Flag
gap
head and shoulders
horizontal price movement
moving average
pennant
resistance level
reversal
rising bottom
saucer
selling climax
support level
trendline
Chartists
Charts
Chase
Cheap security
Chicago Board of Trade (CBOT)
Chop house
Chop stocks
Churning
Citigroup
Classified stock
Close corporation
Closed corporation
Closed-end fund
Closed-end mutual fund
Closed out
Closely held corporation
CME Group
Collateral
Combination strategies
buy stock and buy put
buy stock and sell call
buy stock, buy put, and sell call
calendar spreads
straddles and strangles
Command economy
Commerce Clearing House
Commission-based financial planner
Commissions
Committee on Uniform Security Identification Procedure (CUSIP)
Commodities Futures Trading Commission (CFTC)
Common stock
Compounding
Compound (geometric) return
Computers
Computer vendors
Contingent (deferred) sales charge
Continuous trading
Control stock
Convertible bonds
Convertible preferred stock
Corporate bond funds
Corporate bonds
Corporate issuers
Corporations, and sale of stock to public
Correction
Cost basis of securities
Country risk
Coupon
Coupon rate
Covered call
Crashes of stock markets
1929
1987
2007
Credit default swaps (CDSs)
Credit enhancement
Creditor
Creditor hierarchy
Credit quality
Credit risk
Credit Suisse/Tremont Hedge Index
Cumulative voting
Currency risk
Current yield
Cyberspace

Dark pools
Data entry errors
Day orders
Dealer
Default
Defensive posture
Deflation risk
Delisted stock
Delivery
Delta
Deposits
Depot trade
Depreciation
Deregulation
Derivative
over-the-counter
Descending tops
DIAMOND
Diluted earnings
Dip
Direct IPOs
Direct investment
Direct market access (DMA)
Direct public offerings (DPOs)
Directors
Direct purchase
Discount
trading at
Discount bond
Discount brokers
Discounted cash flow (DCF)
Discount rate
Distributor
Diversification
Dividend discount models (DDMs)
Dividend reinvestment program (DRIP)
Dividends
defined
Dollar cost averaging (DCA)
Dollars
Double auction
Double bottom
Double exempt munis
Double top
Dow Jones Industrial Average (DJIA)
April 2009 stocks
original twelve stocks
Dumb barter
Duration (of bond’s price)

Earnings
Earnings estimate
Earnings per share (EPS)
diluted
Economies of scale
Economist, The
EDGAR (Electronic Data Gathering, Analysis, and Retrieval system) project
Edison, Thomas
Effective annual rate of return
calculating
Einstein, Albert
Electronic communications networks (ECNs)
Electronic fund transfers (EFTs)
Electronic markets
Elliott Wave
Emerging market equity funds
Emotions that drive market
Enhanced indexing
Equilibrium price
Equivalent taxable yield
ETFs (exchange traded funds)
Eurodollars
Euromarket
Euronext
European style option
Exchange
Exchange rate
Exchange rate risk
Exchange traded funds (ETFs)
Exchange-traded options
Ex-dividend date (ex date)
Ex-dividend stock
Execution of customer’s order
Exercise an option
Expected return
Expense ratio
Expiration
Exponential weighting
Extrapolating
Extrapolation risk

Face value
Federal National Mortgage Association (Fannie Mae)
Federal Reserve Banks
Federal Reserve Board
Regulation T
Federal Reserve office locations
Federal Reserve System
Federal Trade Commission (FTC)
Fed funds rate
Fee-based financial planner
Feeder funds
Fee-only financial planner
Fees
Fibonacci
Fibonacci numbers
Fidelity
Fiduciary
Filings with SEC
Financial Accounting Standards Board (FASB)
Financial analysts
Financial engineering defined
Financial Engines, Inc.
Financial Industry Regulatory Authority (FINRA)
Financial information supermarkets
Financial instrument
Financial intermediaries
Financial market models
Financial markets
Financial planners
Financial products, questions about
Financial ratio
Financial statement
Financial Times
First call date
Fixed rates
Flag
Flat market
Flat yield curve
Flexible portfolio funds
Float
Floating-rate notes
Floating rates
Floor brokers
Footnotes to the financial statement
Forbes
Forbes Special Situation Survey
Foreign and Colonial Government Trust
Foreign bonds
Foreign exchange (FOREX) market
Form 10-K
Form 10-Q
Forward contract
Forward rate
Full-service brokers
Fully invested portfolio
Fully valued security
Fundamental analysis
Fundamental equation implied by balance sheet
Fund expenses
Fund managers
Fund of hedge funds (FoHF)
Fund ownership, hidden risks of
Fund performance
Futures
actuals versus cash-settled contracts
buyer’s need to hedge
margin and collateral
seller’s need to hedge
speculation or insurance?

Gap
Genealogy of markets
Generally Accepted Accounting Principles (GAAP)
Geometric chain time-weighted rate of return
Geometric mean
Geometric (compound) return
calculation example
Global bond funds
Global equity funds
Global Investment Performance Standards (GIPS)
Global markets
Goals
Good-til-canceled (GTC) orders
Government agencies
Government bond funds
Government National Mortgage Association (Ginnie Mae)
Great Depression
Greeks
Greenspan, Alan
Gross federal debt
Gross profit margin (GPM)
Growth and income funds
Growth funds
Growth stocks

Head and shoulders
Hedged fund
Hedge funds
information sources
investment strategies
Hedging
Herodotus
Hidden cost of brokerage
Hidden risks of fund ownership
High-water mark
High-yield bond funds
Hirsch, Jeffrey A.
Hirsch, Yale
Historical volatility
Hold rating
Horizontal price movement
Hostile takeover
Housing Bubble
Howey Test
Hulbert Financial Digest
Hulbert Interactive
Hurdle rate
Hybrid funds
Hybrid market

Implied volatility
Income and expense statement
Income-equity funds
Income-mixed funds
Income statement
Index
Index funds
Index futures
Indexing
Indicator
Individual retirement account (IRA)
Inflation-indexed bonds
Inflation risk
Information overload
Information sources
Initial margin requirement
Initial public offerings (IPOs)
Instinet
Institutional Investor Magazine
Institutional presence
Insurance
Intelligent agent
Interest
Interest rate risk
Interest versus discount
Intermediaries
Internalization
Internal rate of return
calculation
International equity funds
International Swaps and Derivatives Association (ISDA)
Internet
Internet Bubble
Interpolating
Interpolation risk
Interviews with management
In-the-money
Intrinsic value
Intrinsic value of stock
Intuit
Inverted yield curves
Investing
Investment alternatives
Investment approaches
bonds
ETFs
futures
mutual funds
options
stocks
Investment Bankers Conferences
Investment Company Institute (ICI)
Investment Company Institute classification of types of funds
bond and income funds
hybrid funds
money market funds
stock funds
Investment objective
Investment results, measuring
Investment returns
Investment risk
balancing risk and return
defined
market risk
quantifiable to subjective
relativity of
volatility and
INVESTools
Investor associations
Investor choices
Investor constraints
Investor safety
IPO juice
Issue date (of bond)
Issued stock
Issuers

J.P. Morgan & Co.
Junk bond

Kondratieff Wave

Large capitalization (large cap) stocks
Lehman Brothers
Leonardo of Pisa
Leverage
Liabilities
LIBOR-plus
Life Insurance Marketing and Research Association (LIMRA)
Lifespan of bonds
Limit orders
Limit price
Lipper Analytical Services
Lipper TASS Hedge Fund Data
Liquidation
Liquidity
Liquidity risk
Liquidnet
Listed options
Listing requirements
Load
Load funds
London Interbank Offered Rate (LIBOR)
London Stock Exchange
Long-term capital appreciation
Lotus 1-2-3
Lupien, Bill

Madoff, Bernie
Magazine publishers
Majority shareholder
Managed futures account
Management fees
Margin
Marginable securities account
Marginal income tax rates
Margin calls
Margin interest charges
Marked to market
Market data vendors
Market Index Term Trust (MITT)
Market maker
Market orders
Market Participation Deposits (MPDs)
Market risk
Markets
and the new millenium
genealogy of
Market timers
Market values
Market-value-weighted index
Marking to market example
Markowitz, Harry
Markup
Massachusetts Financial Services (MFS)
Massachusetts Investors Trust
Maturity date (of bond)
Median
Medium of exchange
Mergers
Merrill Lynch
Merton, Robert
Metastock
Microcap companies
Microcap stocks
Minority shareholder
Mode
Model
Model risk
Modern portfolio theory (MPT)
Money
Money-based trading
compared with barter trading
Money market account
Money market funds
Money market instruments
Money-weighted rate of return
Money-weighted returns versus time-weighted
Moody’s
Morgan, J.P.
Morgan Stanley
Morgan Stanley Smith Barney
Morningstar
Mortgage-backed funds
Mortgage-backed securities (MBS)
Moving average
Multiple securities
Municipals
Munis
Mutual fund business
Mutual Fund Fact Book
Mutual fund group
Mutual fund management companies
Mutual fund rating services
Mutual funds
Mutual funds, advantages of
access to new issues
diversification
economies of scale
indexing
professional management
simplicity
Mutual funds, disadvantages of
hidden cost of brokerage
hidden risks of fund ownership
impact of one-time charges and recurring fees

Naked call
Nasdaq
Nasdaq Stock Market, Inc.
National Association of Certified Financial Planners
National Association of Investors Corporation
National Association of Personal Financial Advisors (NAPFA)
National Association of Securities Dealers (NASD)
National Association of Securities Dealers Automated Quotation (Nasdaq)
National municipal Bonds
Net asset value (NAV) calculation of
Newsletters and other sources of information
Newspaper publishers
New York Stock and Exchange Board
New York Stock Exchange (NYSE)
Euronext
No-load funds
No-load stocks
Nominal dollars
Nonmarket trades
Nonmonetary trade
Nonvoting stock
Number crunchers

Off-balance-sheet investments
Office of the Comptroller of the Currency
Offshore funds
One-time charges
Online brokers
Oneline discount brokers
Onshore funds
Open-end funds
Open-end mutual fund
Opening price
Open interest
Open-outery markets
Operating statement
Operational risk
Optimark
Options combination strategies determining value of exchange-traded
Options exercised
Ordinary income
Original issue discount (OID)
Out-of-the money
Outstanding stock
Over-the-counter dealer-based markets
Over-the-counter derivatives market
Over-the-counter options
Over the counter (OTC) stocks
Owners’ equity
Ownership interest

Paper profit
Par value
Passively managed portfolios
Pass-through tax status
Pay date
Payment for order flow
Pennant
Performance
Periodic reports
Perpetual bonds
Philadelphia Exchange
Pipeline
Political risk
Positive yield curves
Post-modern portfolio theory (PMPT)
Preemptive right
Preferred stock
Premium, trading at
Premium bond
Present value
Presidential election cycle (PEC)
Price target
Price-weighted index
Price-yield-maturity relationship
Price-yield relationship
Primary dealers
Primary market
Prime rate
Principal amount
Private corporation
Private debt
Private investments in public equity (PIPEs)
Privately held corporation
Private placement of stock
Professional management
Profit and loss (P&L) statements
Promoters
Prospectus
sample
Proxy
Public companies
Public debt
Publicly held corporation
Put
Put bond
Put-call parity
Put option

Quant
Quantifiable risk
Quantitative analysis
Quantitative analysts
Quantitative model

Raise cash
Ratings
Real dollars
Realized capital gain
Recommended list
Record date
Recurring fees and expenses
Red chip stocks
Reference portfolio
Refunding bonds
Regional equity funds
Registration
Regulation T
Regulatory risk
Reinvestment
Reinvestment risk
Remargining
Reorganized corporation
Replicate an index
Reserve Primary Fund
Resistance level
Results
Return
calculating
Return on equity (ROE)
Return on investment (ROI)
Return relatives
Reuters
Reversal
Reverse split
Rich security
Rights offerings
Rising bottom
Risk
Risk-free rate
Riskgrades
RiskMetrics
Rocket scientists
Rollover risk
Rule of

Safe harbor
Sales charge
Samurai bonds
S&P 500 Depository Receipts (SPDRs)
S&P Goldman Sachs Commodity Index (A&PGSCI)
Saucer
Savings Bonds
Scams
Scholes, Myron
Schwab
Scrip dividends
Seat on the NYSE
Secondary market
Sector equity funds
Sector of companies
Sector risk
Secular bear market
Secular bull market
Securities
Securities and Exchange Commission (SEC)
questions to ask about financial products
Securities Exchange Act of 1933
Securities Exchange Commission (SEC)
Securities Industry and Financial Markets Association
Securities Investor Protection Corporation (SIPC)
insurance
Security defined
Selective posture
Self-regulatory organization (SRO)
Seller
Selling climax
Sell-side firms
“Sell-side” research
Senior debt
Sensitivity of an option’s valve
Sentiment (of market)
Shareholders
rights of
Share repurchase programs
Shares
Shares outstanding
Sharpe, William F.
Shaw, David
Short sale
Short-short rule
Short-term income
Sideways price move
Silent trade
Simple (arithmetic) return
Since inception
Sinking fund provisions
SLUGS
Smart agents
Smart Money
Smith Barney
Smoothed data sets
Socially responsible investing
Soft dollars
Software vendors
Sources of information on mutual funds
Forbes
Investment Company Institute (ICI)
Lipper Analytical Services
Morningstar
Soybean complex
Spare cash
SPDRs
Specialists
Special purpose acquisition companies (SPACs)
Speculation
Spin-offs
Spot market
Spread
Stagflation
Standard & Poor’s credit rating agency
Standard & Poor’s (S&P) 500 Index
Depository Receipts (SPDRs)
Statement of condition
Statement of financial position
Statement of profit and loss
State municipal bonds
Statutory voting
Stock
buying and selling
defined
types, classes, and other categories
varieties of
why investors buy
Stock buyback programs
Stock certificate
Stock dividends
Stock exchanges
Stock funds
Stockholders’ equity
Stock loan
Stock markets
major markets of the world
Stock options
Stock split
Stock Trader’s Almanac 2009
Stop orders
Story stock
Straddle
Strangle
Strategic income funds
Strips
Strong buy ratings
Subjective risk
Subordinated debt
Subscription rights
Subsidiary
Sucker’s rally
Support level
Survivor bias
Swap agreement
Swaps
Swaptions

Taxable money market funds
Taxable munis
Tax deferral vehicle
Tax-exempt money market funds
national
state
Tax-exempt municipal bonds
Tax risk
Technical analysis
Technical analysts
Technology
Telechart 2007
Third Wave, The (Toffleer)
Ticker
Ticker symbols
Time value
Time value of money
Time-weighted rate of return
Time-weighted returns
versus money-weighted
Toffler, Alvin
Total return
Tracking error
Trade and Quote (TAQ) Database
Trade groups
Trades
Trading volume
Transformed data sets
Transparency
Treasuries, buying
Treasury Inflation Protection Securities (TIPS)
Treasury stock
Trendline
Triple witching Friday
Turnover
Twain, Mark

Underlying asset
Underwriters
United market
Unrealized capital gain
U.S. Bureau of Public Debt
U.S. Department of the Treasury
U.S. Offshore Funds Directory
U.S. Treasury securities
bills (T-bills)
bonds
notes

Value Line Publishing, Inc.
Vanguard
Vanguard’s Index
Variable annuity
Volatility
Voting rights
Voting stock

Wall Street
Wall Street Journal, The
Wall Street Journal Interactive Edition
Warrants
“Wasting asset”
Withdrawals
World Equity Benchmark Shares (WEBS)
World Wide Web
Wrap accounts
Writer
Writers of protection

Yahoo!
Yankee bonds
Yield
Yield curve
Yield measures
current yield
equivalent taxable yield
yield to call
yield to maturity
Yield to call
Yield to maturity

Zero-coupon bonds
Zero-sum game