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	<title>JR Snell Capital Management, LLC &#187; investments</title>
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	<link>http://jrscm.com</link>
	<description>Independence. Objectivity. Performance.</description>
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		<title>Second Quarter Client Letter</title>
		<link>http://jrscm.com/2010/07/22/second-quarter-client-letter/</link>
		<comments>http://jrscm.com/2010/07/22/second-quarter-client-letter/#comments</comments>
		<pubDate>Thu, 22 Jul 2010 18:50:16 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[timing]]></category>
		<category><![CDATA[treasuries]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=907</guid>
		<description><![CDATA[I usually write a letter to clients that we include with the quarterly performance reports that all clients receive. I believe, in light of recent market movements that this quarter&#8217;s letter might be of interest to a broader range of folks. Please contact us if you have any questions or you wish to begin our [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Long Term Outlook</title>
		<link>http://jrscm.com/2010/07/06/long-term-outlook/</link>
		<comments>http://jrscm.com/2010/07/06/long-term-outlook/#comments</comments>
		<pubDate>Tue, 06 Jul 2010 19:20:52 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[market timing]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[s&p 500]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[timing]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=902</guid>
		<description><![CDATA[If you&#8217;ve &#8220;subscribed&#8221; to get web site updates to keep one eye on the market while you do other things&#8230; this post is for you. In my post &#8220;Market Timing for Dummies&#8221; I describe a methodology that I use to help us decide if we want to be generally in, or generally out of stocks. [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Finish this sentence: &#8220;Past performance is&#8230;&#8221;</title>
		<link>http://jrscm.com/2010/06/21/finish-this-sentence-past-performance-is/</link>
		<comments>http://jrscm.com/2010/06/21/finish-this-sentence-past-performance-is/#comments</comments>
		<pubDate>Mon, 21 Jun 2010 20:05:27 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[buy and hope]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=879</guid>
		<description><![CDATA[&#8220;&#8230;random.&#8221; Not what you were expecting?  Most folks would have finished the sentence &#8220;&#8230;not an indicator of future outcomes.&#8221; Or something similar. It&#8217;s interesting to note that nearly every investor has been so brainwashed to this statement that they don&#8217;t really &#8221;hear&#8221; it anymore. It&#8217;s in one ear and out the other and despite the warning, most [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Personal Benchmarking</title>
		<link>http://jrscm.com/2010/06/18/personal-benchmarking/</link>
		<comments>http://jrscm.com/2010/06/18/personal-benchmarking/#comments</comments>
		<pubDate>Fri, 18 Jun 2010 21:12:35 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[beginner]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[market timing]]></category>
		<category><![CDATA[rules]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[timing]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=867</guid>
		<description><![CDATA[The latest market meltdown has gotten folks asking me about our performance as compared to the stock market (again). But I&#8217;ve always thought a little differently about comparing our management of client accounts against various indices. (The industry calls this &#8220;benchmarking&#8221;.) I find it interesting that investors would want to compare whole portfolio returns to the stock market. It’s funny how consumers [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Picking at Your Turkey</title>
		<link>http://jrscm.com/2009/11/23/picking-at-your-turkey/</link>
		<comments>http://jrscm.com/2009/11/23/picking-at-your-turkey/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 21:09:03 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[buy and hope]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[fed]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[timing]]></category>
		<category><![CDATA[treasuries]]></category>
		<category><![CDATA[treasury]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=609</guid>
		<description><![CDATA[Looking back over the last couple of months worth of posts, I&#8217;m thinking that it might appear that I&#8217;m a little opaque as to what areas of what markets you should be focusing on. I&#8217;m not, so I&#8217;ll clear things up before I go AWOL for the week. First, understand that anything can happen over the [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Utility Stocks: Ain&#8217;t Misbehavin&#8217;?</title>
		<link>http://jrscm.com/2009/10/19/utility-stocks-aint-misbehavin/</link>
		<comments>http://jrscm.com/2009/10/19/utility-stocks-aint-misbehavin/#comments</comments>
		<pubDate>Mon, 19 Oct 2009 19:49:35 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[s&p 500]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=443</guid>
		<description><![CDATA[Utility Stocks (as a group) have forsaken me this year by advancing only about one-fifth of the amount of the S&#38;P 500&#8230; which can act as a real short-term boat anchor in your portfolio if you own any quantity at all. Yet, my passion for the sometimes stodgy &#8220;dividend machines&#8221; still burns hot. Why?  First, there&#8217;s the cash [...]]]></description>
		<wfw:commentRss>http://jrscm.com/2009/10/19/utility-stocks-aint-misbehavin/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Thinking About IRAs</title>
		<link>http://jrscm.com/2009/10/08/thinking-about-iras/</link>
		<comments>http://jrscm.com/2009/10/08/thinking-about-iras/#comments</comments>
		<pubDate>Thu, 08 Oct 2009 17:53:26 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[401-k]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[IRAs]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=428</guid>
		<description><![CDATA[OK, it might be just a wee-bit twisted that I sit around and think about IRA accounts&#8230; but I do. Anyway, I was thinking about IRAs last night and I wanted to remind everyone about two things with IRA accounts that are coming up. First&#8230; Our rich Uncle Sam, in his efforts to help soften [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Saddest Funny Thing</title>
		<link>http://jrscm.com/2009/03/17/the-saddest-funny-thing/</link>
		<comments>http://jrscm.com/2009/03/17/the-saddest-funny-thing/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 07:55:09 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[beginner]]></category>
		<category><![CDATA[bummer]]></category>
		<category><![CDATA[buy and hope]]></category>
		<category><![CDATA[humor]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[rules]]></category>
		<category><![CDATA[timing]]></category>

		<guid isPermaLink="false">http://tradersdepot.com/?p=305</guid>
		<description><![CDATA[Even I am a little surprised at this one&#8230; Here&#8217;s the quote, clipped straight out of a MarketWatch article: Let me paraphrase my favorite part&#8230;. &#8220;You can look at all the great fundamentals in the world, but if there&#8217;s not a demand for the stock, it really doesn&#8217;t matter. I learned that point blank in [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>A Letter To My Friend</title>
		<link>http://jrscm.com/2009/02/28/letter_to_my_friend/</link>
		<comments>http://jrscm.com/2009/02/28/letter_to_my_friend/#comments</comments>
		<pubDate>Sat, 28 Feb 2009 07:51:33 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[buy and hope]]></category>
		<category><![CDATA[cash]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[market timing]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[treasuries]]></category>

		<guid isPermaLink="false">http://tradersdepot.com/?p=280</guid>
		<description><![CDATA[Occassionally, for one reason or another I&#8217;m forced to take a moment and tame some of the squirrels that are running on the treadmills of my mind. My most recent session was prompted by a friend who wrote me an email asking about an article she&#8217;d read. The article discusses the French Revolution and how [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Enough Already!</title>
		<link>http://jrscm.com/2009/02/17/enough-already/</link>
		<comments>http://jrscm.com/2009/02/17/enough-already/#comments</comments>
		<pubDate>Wed, 18 Feb 2009 04:29:22 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[bank failures]]></category>
		<category><![CDATA[cash]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[rescue]]></category>
		<category><![CDATA[safety]]></category>

		<guid isPermaLink="false">http://tradersdepot.com/?p=251</guid>
		<description><![CDATA[OK&#8230; The world is not coming to an end already&#8230;. Yes, we have problems&#8230; Yes, they are serious&#8230; and yes, they will take years (probably many) to resolve. We have some massive deleveraging as a country and as individuals to work through. Deleveraging is painful, whether you are a nation or a household. As we [...]]]></description>
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		<slash:comments>0</slash:comments>
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