Illustrations

Illustrations

1. Stocks, Bonds, Bills, and Inflation (1929-2012)

2. The Past 10 Years (2003-2012)

3. Dividend Contribution to Total Returns (1926-2012)

4. Historical Performance of Dividend Stocks (July 1997-December 2012)

5. Impact of Dividend Reinvestment over Time

6. Returns Before and After Inflation (1929-2012)

7. Stock Diversification

8. Asset-Class Returns (1926-2012)

9. Summary Statistics (1926-2012)

10. Reduction of Risk over Time (1926-2012)

11. The Importance of Staying Invested

12. The Case for Diversifying (2003-2012)

13. Portfolio Summary Statistics (1926-2012)

14. U.S. Stocks and Bonds Before and After Taxes (1926-2012)

15. Tax Burden (1993-2012)