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The Intersection of Tax Efficiency & Expected Return

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2015

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S&P Composite Index

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2015

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Relative Growth of Merrill US Municipal Index to Merrill 10-15 Year Treasury Index

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2015

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Price Earnings/Long-Term Interest

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2015

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S&P 500 Composite Declines from All-time Highs

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2015

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Returns and Yield Changes During Rate Hiking Cycles

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2015

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Portfolio returns: Equities vs. Equity and Fixed Income Blend

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2015

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U.S. Dollar Index

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2015

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S&P Composite Index: Regression to Trend

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2015

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S&P 500 Index

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2015

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