Lead Article - The Perils of Predicting
"It seemed so obvious.  With the economy slowly recovering last year from the worst recession in decades and the federal government seeking to tap the credit markets for over $2 trillion to fund an ambitious spending program, both laymen and experts alike seemed to agree that interest rates had nowwhere to go but up.  The yield on the ten-year U.S. Treasury note as of June 30, 2009 was 3.52%, down from 5.25% in June 2007 but will above the 2.09% level registered amidst the depths of the credit crisis the previous December.  With retail sales and housing activity showing signs of gradual improvement, the only question appeared to be how much higher interest rates would go . . ". 

 INSIDE THIS ISSUE
Price Wars Benefit ETF Investors
Quarterly Review of Investment Policy
Diversifying a Portfolio with Real Estate
Verizon Spins of Rural Assets to Frontier Communications
The High-Yield Dow Investment Strategy
Recent Market Statistics
The Dow Jones Industrials Ranked by Yield
Recommended Investment Vehicles