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	<title>JR Snell Capital Management, LLC &#187; strategy</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>
		</item>
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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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		<item>
		<title>I Just Need a Little Sand In My Mussel</title>
		<link>http://jrscm.com/2010/05/18/i-just-need-a-little-sand-in-my-mussel/</link>
		<comments>http://jrscm.com/2010/05/18/i-just-need-a-little-sand-in-my-mussel/#comments</comments>
		<pubDate>Tue, 18 May 2010 18:35:27 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[Market Comments]]></category>
		<category><![CDATA[s&p 500]]></category>
		<category><![CDATA[safety]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=863</guid>
		<description><![CDATA[For those of you wondering, I&#8217;m still here and still active. There are a few reasons that I haven&#8217;t written a lot here recently and a few reasons why I am ready to be a little more active poster these days. Ahh priorities&#8230; Clients always get first whack at my time. I might be on the [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<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>
		</item>
		<item>
		<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>And For Your Accountant&#8230;</title>
		<link>http://jrscm.com/2009/10/15/and-for-your-accountant/</link>
		<comments>http://jrscm.com/2009/10/15/and-for-your-accountant/#comments</comments>
		<pubDate>Thu, 15 Oct 2009 18:31:11 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[401-k]]></category>
		<category><![CDATA[cash]]></category>
		<category><![CDATA[investing strategies]]></category>
		<category><![CDATA[IRAs]]></category>
		<category><![CDATA[rules]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://jrscm.com/?p=438</guid>
		<description><![CDATA[I&#8217;ve gotten a fair number of questions about this Roth IRA conversion that&#8217;s going to be available to all IRA owners next year. The basics are that you will be able to convert all of your regular IRA-type accounts over to Roth IRAs during 2010, regardless of your income level. The million dollar questions is, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Great Depression? One Can Only Hope!</title>
		<link>http://jrscm.com/2009/03/04/great-depression-one-can-only-hope/</link>
		<comments>http://jrscm.com/2009/03/04/great-depression-one-can-only-hope/#comments</comments>
		<pubDate>Wed, 04 Mar 2009 18:21:39 +0000</pubDate>
		<dc:creator>Jeff Snell</dc:creator>
				<category><![CDATA[Web Site Posts and Updates]]></category>
		<category><![CDATA[bummer]]></category>
		<category><![CDATA[great depression]]></category>
		<category><![CDATA[stock market]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://tradersdepot.com/?p=292</guid>
		<description><![CDATA[The ending of my last post went something like this: If that’s the case, I wouldn’t want to be a “buy and hold” investor, but if you’re willing to be nimble and cynical, there’s a lot of money to be made during this whole period of economic malaise. If you need an historical precedent, go [...]]]></description>
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		<slash:comments>0</slash:comments>
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