Investment and Asset Planning, LLC
7 Year Performance Results (1/1/1999 to 12/31/2005)

Account Type	>>>>>>>>>>>>>>>>>>>Yearly Returns<<<<<<<<<<<<<<<<<<<							3 Year Average	5 Year Average	7 Year Average	$100,000 Invested 1/1/99 to 12/31/05
Account Type	1999	2000	2001	2002	2003	2004	2005	3 Year Average	5 Year Average	7 Year Average	$100,000 Invested 1/1/99 to 12/31/05
IRA Conservative	15.0%	5.2%	7.0%	-4.8%	19.6%	8.0%	1.6%	9.5%	6.0%	7.1%	$161,701
Taxable Conservative	13.7%	2.4%	4.0%	-7.7%	18.9%	9.1%	2.7%	10.1%	5.1%	5.9%	$148,981
IRA Moderate Conservative	29.0%	-3.1%	-1.1%	-8.6%	24.3%	9.8%	2.1%	11.7%	4.7%	6.7%	$157,533
Taxable Moderate Conservative	40.1%	1.2%	-1.5%	-9.0%	21.3%	10.0%	3.5%	11.4%	4.4%	8.4%	$175,493
IRA Moderate	32.9%	-4.4%	-3.2%	-10.1%	27.0%	11.1%	4.6%	13.9%	5.1%	7.2%	$163,162
Taxable Moderate	39.9%	-4.6%	-3.6%	-10.8%	26.7%	11.4%	5.0%	14.0%	5.0%	7.9%	$170,209
IRA Moderate Aggressive	38.5%	-6.7%	-4.1%	-15.3%	31.9%	12.8%	6.3%	16.5%	5.2%	7.5%	$166,124
Taxable Moderate Aggressive	38.5%	-8.2%	-6.4%	-10.9%	27.4%	12.3%	6.2%	15.0%	4.8%	7.0%	$161,088
IRA Aggressive	51.4%	-11.1%	-6.4%	-22.5%	33.9%	11.5%	6.4%	16.7%	2.9%	6.5%	$154,996
Taxable Aggressive	48.9%	-13.7%	-7.8%	-16.7%	31.2%	13.2%	5.4%	16.1%	3.8%	6.4%	$154,476
Comparisons
Conserv. Allocation Mutual Fd. Avg.	7.1%	5.4%	-0.9%	-3.3%	2.1%	5.8%	3.1%	3.7%	1.3%	2.7%	$120,476
Balanced Blend Mutual Fds. Avg.	10.5%	1.8%	-4.5%	-11.7%	20.1%	7.9%	4.6%	10.7%	2.7%	3.7%	$128,530
S&P 500 Stock Index	21.1%	-9.1%	-11.9%	-21.1%	28.7%	10.9%	4.9%	14.4%	0.8%	2.0%	$114,574

Beginning Investment Amount:	$100,000



The yearly returns are averages of all clients’ accounts that are typical accounts for the category. We have many accounts that are not typical, in that they have investments that hold securities chosen by the clients and not recommended by us, or the account held securities from previous accounts from another brokerage firm. Non-typical accounts are not included in the averages. Results presented are total returns calculated on a time-weighted basis.
The performance data quoted represents past performance, which is no guarantee of future results. As the above data shows, results vary over time.
The above results were for accounts after all fees had been deducted. Please see our client disclosure document for descriptions of all fees. The above accounts consisted of mostly mutual funds of many different types. The results are believed to be accurate and were prepared from third party custodians and are believed to be accurate but are not guaranteed. These are returns after all fees.
Total market value of the composite returns above was $20,524,023.56 on 12/31/2005. This was 64.5% of the 31,817,796.13 that we had under management in all types of accounts on 12/31/2005.
The comparisons are from Morningstar and Lipper and S&P and are their averages of funds of their categories. The S&P 500 Index is an index by Standard and Poors of 500 of the largest company’s stock prices. The Balanced Blend is from Lipper and is an average of many blended funds that traditionally have medium risk and about 65% stocks and 35% bonds and cash. The Conservative Allocation average comes from Morningstar and averages all blended funds that have a conservative risk goal and use mostly bonds and some stocks and cash. These indexes do not reflect any commissions or investment advisor fees that are charged by advisors and salespersons and reduce returns. Our above results are after all charges and fees.