Frank
Armstrong provides our visitors with valuable tools to help them make intelligent
investment decisions. Frank has drawn on his years of experience as a portfolio manager
and investment counselor to write Investment Strategies for the 21st Century,
the first investment book ever published on the Internet.

Current chapters:
copyright (c) 1995-97, Frank Armstrong.
Frank Armstrong, CFP, is the author of
Investment Strategies for the 21st Century, published
here, President of
Investor Solutions, Inc., a
fee-only Registered Investment Advisor, and Chief Investment Strategist of
DirectAdvice.com.
The right to download and store or output the materials
found in Investment Strategies for the 21st Century is granted for viewing use
only, and materials may not be reproduced in any form without the express written
permission of Frank Armstrong. Any reproduction or editing by any means mechanical or
electronic in whole or in part without the express written permission of Frank Armstrong
is strictly prohibited.
Disclaimer
Investing in equities involves a serious principal risk,
and no assurance can be given that the techniques described here will be successful.
Returns vary and you may have a gain or loss when you sell your shares. Past performance
is no guarantee of future results. Index returns shown are historical and include the
change in share price, reinvestment of dividends, and capital gains. Indexes are unmanaged
and do not reflect the impact of transaction costs. Transaction costs would have reduced
the total returns.
International investments, especially those in emerging
markets, entail greater risks (as well as greater potential rewards) than U.S. investing.
These risks include political and economic uncertainties of foreign countries, as well as
the risk of currency fluctuations. These risks are magnified in countries with emerging
markets, since these countries may have relatively unstable governments and
less-established markets and economies.