Found these two fables to explain the stock market to be pretty helpful.
Suze Orman Will and Trust Kit - Here's a good intro to will, estate and trust law. Still should have a lawyer review your documents to be safe. I found it very easy to go through and understand. She has a lawyer narrate much of the text and provides excellent summaries of the main points to consider when putting together a will and living trust.
Includes all necessary forms, and seems to perform online updates. For a relatively simple estate, I think the Suze Orman Will and Trust Kit is a winner.
|Suze Orman Will & Trust Kit (CD-ROM)|
|*NEW Suze Orman Will & Trust Kit Online Version (CD-ROM)|
Below is Siegel's article, Noisy Market Hypothesis. I've highlighted many of the important points I found. Hope to discuss further.
By JEREMY J. SIEGEL
Although the price-weighted Dow Jones Industrial Average approached its all-time high in early May, the large capitalization-weighted indexes—such as the S&P 500 or the Russell 3000—in which most investors hold their "indexed" investments are still substantially below their tech-bloated peaks reached in March 2000. Those of us who have linked our portfolio returns to these popular indexes wonder whether there is a better way to capture the market's return without enduring the wild swings that characterized the last bubble.
Don't get me wrong. Capitalization-weighted indexation has been one of the great innovations in the last quarter-century. It has allowed millions of investors to capture the return on the market at a very small cost, and has outperformed most actively managed mutual funds. The $5 trillion invested in portfolios tracking cap-weighted indexes speaks to its popularity.