Enduring
Investments
  • About
  • Partnering
  • Resources
  • Tools
    MV ≡ PQ CalculatorPersonal CPI CalculatorLibraryNewsBlog
  • Contact
  • Bio

  • U.S. Treasurys Presentation on TIPS
  • Why Does The Treasury Issue TIPS?
  • Details of the I-Series of Savings Bonds available through Treasury Direct
  • Private issuance: recent trends in the mature markets

  • Inflation Risks and Products
  • Handbook of Inflation Indexed Bonds
  • Inflation-indexed Securities: Bonds, Swaps and Other Derivatives (The Wiley Finance Series)
  • The Handbook of Inflation Hedging Investments: Enhance Performance and Protect Your Portfolio from Inflation Risk
  • The Economics Of Inflation - A Study Of Currency Depreciation In Post War Germany
  • Inflation Targeting: Lessons from the International Experience
  • The Great Inflation and Its Aftermath: The Past and Future of American Affluence
  • The Death of Inflation: Surviving and Thriving in the Zero Era
  • BLS Chapter on the CPI
  • A Monetary History of the United States 1867-1960
  • Treatment of Owner-Occupied Housing in the CPI
  • Inflation, Corporate Profits, and the Rate of Return to Capital
  • Brief History of the Gold Standard in the United States (2011)
  • Alternative Monetary Regimes: The Gold Standard (1987)
  • Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework (2008)
  • Fiat Money Inflation in France (1933)

  • In Inflation Higher for Seniors
  • A Markov-Switching Model of Inflation in Australia
  • Modelling Inflation in Australia
  • Explaining and Forecasting Inflation in Emerging Markets: The Case of Mexico
  • Forecasting Mexicos Inflation: the Effects of an Inflation Targeting Regime
  • Irving Fisher and Price-Level Targeting in Austria: Was Silver the Answer?
  • Does Money Lead Inflation in the Euro Area? (2001)
  • Understanding the Link between Money Growth and Inflation in the Euro Area (2006)
  • What drives inflation perceptions? A dynamic panel data analysis (2007)
  • The Euro Changeover and its Effects on Price Transparency and Inflation (2006)
  • Pricing behavior and the introduction of the euro: evidence from a panel of restaurants (2005)
  • The Euro Changeover and Its Effects on Price Transparency and Inflation (2009)
  • Rational inattention, inflation developments and perceptions after the euro cash changeover (2006)

  • Do Enlarged Fiscal Deficits Cause Inflation: The Historical Record
  • Changes in the Federal Reserves Inflation Target:Causes and Consequences
  • Inflation Band Targeting and Optimal Inflation Contracts
  • Beyond Inflation Targeting: Should Central Banks Target the Price Level?
  • The Growing Pains of TIPS Issuance (February 2009)
  • The Case for Tips: An Examination of the Costs and Benefits (July 1, 2009)
  • Tips Scorecard: Are Tips Accomplishing What They Were Supposed to Accomplish? Can They Be Improved? (Sept 2009)
  • Inflation, Learning and Monetary Policy Regimes in the G-7 Economies (1995)
  • Chicago Fed Letter: What are the implications of rising commodity prices for inflation and monetary policy? (2011)
  • Government Revenue from Inflation (1971)
  • Does Inflation Targeting Anchor Long-Run Inflation Expectations? Evidence from the U.S., UK, and Sweden (2010)
  • Inflation Targeting as Constrained Discretion (2011)
  • Revisiting Monetary Policy in a Low, Inflation and Low, Utilization Environment (2012)
  • Monetary Policy Response to Oil Price Shocks (2009)
  • Monetary Policy in a Low, Inflation Environment: Developing a State, Contingent Price, Level Target (2012)
  • Learning About the Term Structure and Optimal Rules for Inflation Targeting (2006)
  • What Has, and Has Not, Been Learned about Monetary Policy in a Low, Inflation Environment? A Review of the 2000s (2012)
  • Excess Money Growth And Inflation Dynamics (2007)
  • Inside the black box: the credit channel of monetary policy transmission (1995)
  • How the Bundesbank Conducts Monetary Policy (1997)
  • Is Low Unemployment Inflationary? (1997)
  • Monetary Policy: Why Money Matters and Interest Rates Don,t (2012)
  • Historical U.S. Money Growth, Inflation, and Inflation Credibility (1998)
  • Securing sustainable price stability: should credit come back from the wilderness? (2004)
  • The future of monetary aggregates in monetary policy analysis (2003)
  • Fiscal Requirements for Price Stability (2001)
  • Stagflation, persistent unemployment and the permanence of economic shocks (1980)
  • The Incredible Volcker Disinflation (2005)
  • Imperfect credibility and inflation persistence (2003)
  • Changes in the Federal Reserves Inflation Target: Causes and Consequences (2007)
  • Drifting Inflation Targets and Stagflation (2012)
  • Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence (2012)
  • Inflation and the Poor (2001)
  • On Inflation as a Regressive Consumption Tax (2002)
  • Financial Sophistication and the Distribution of the Welfare Costs of Inflation (2009)
  • Inflation Forecasts and Monetary Policy (1997)
  • Welfare Costs of Shifting Trend Inflation (2013)
  • Towards An Understanding of the Real Effects and Costs of Inflation (1978)
  • U.S. Inflation, Labors Share, and the Natural Rate of Unemployment (1990)
  • Inflation: Mind the Gap (2010)
  • The Relationship between Unemployment and the Rate of Change of Money Wages in the United Kingdom, 1861-1957 (1958)
  • Commentary: Monetary Policy at Zero Inflation (1999)
  • Looking back at the international deflation record (2004)
  • The quest for prosperity without inflation (2003)
  • Assessing Potential Inflation Consequences of QE after Financial Crises (2012)
  • Inflation targets and inflation targeting (2001)
  • The Inflation-Output Trade-Off Revisited (2013)
  • Inflation expectations, uncertainty and monetary policy (2009)
  • Monetary Policy and the Well-Being of the Poor (1998)
  • Inflation and Poverty (1992)
  • Falling Behind the Curve: A Positive Analysis of Stop-Start Monetary Policies and the Great Inflation (2010)
  • The Impact of Inflation on the Distribution of Income and Wealth (1971)
  • Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence (2012)
  • Inflation and the Size of Government (2001)

  • Hedging Against Inflation Risk with Real Annuities
  • Inflation-Linked Corporate Bond Spreads - Are Corporate Linkers Really As Rich As They Look?
  • Disaggregated TIPS: The Case for Disaggregating Inflation-linked Bonds into Bonds Linked to Narrower CPI Components
  • Maximizing Personal Surplus: Liability-Driven Investment for Individuals
  • TIPS, the Dual Duration, and the Pension Plan
  • Empirical TIPS
  • The Information Content of the Embedded Deflation Option in TIPS (March 2010)
  • A New Strategy to Maximize Retirement Withdrawals Using TIPS and Longevity Insurance (Oct 2008)
  • Are Treasury Inflation Protected Securities Really Tax Disadvantaged? (Dec 2003)
  • Are TIPS the Real Deal?: A Conditional Assessment of their Role in a Nominal Portfolio (Oct 2002)
  • When Do TIPS Prices Adjust To Inflation Information? (2011)
  • TIPS, the Triple Duration, and the OPEB Liability: Hedging Medical Care Inflation in OPEB Plans (2011)
  • Drivers of Inflation-Linked Corporate Bond Spreads and the Inflation Swap/Bond Breakeven Difference (2008)
  • The Term Structure of Real Rates and Expected Inflation (2004)
  • Emerging Markets Inflation-Linked Bonds (2012)
  • Infrastructure as Hedge against Inflation , Fact or Fantasy? (2012)
  • The CPI Futures Market: The Inflation Hedge That Wont Grow (1987)
  • Trading Activity and Price Transparency in the Inflation Swap Market (2012)
  • Inflation Risk in Corporate Bonds (2012)
  • Durable Goods, Inflation Risk and the Equilibrium Asset Prices (2012)
  • Asset Returns and Inflation (1977)
  • Inflation, Real Stock Returns, and Monetary Policy (1996)
  • Inflation Hedging for Long-Term Investors (2009)
  • Inflation and Asset Prices (2011)
  • Does inflation matter for equity returns? (2005)
  • Common Stocks as a Hedge against Inflation (1976)
  • Real Estate Returns and Inflation: An Added Variable Approach (1998)
  • Inflation and Security Returns (1974)
  • Asset Allocation with Inflation-Protected Bonds (2004)
  • Do Inflation-Linked Bonds Still Diversify? (2009)
  • TIPS as an Asset Class (2001)
  • A CPI-Futures Market (1973)
  • A Scorecard for Indexed Government Debt (1996)
  • Inflation, Index-Linked Bonds, and Asset Allocation (1990)
  • TIPS Liquidity and the Outlook for Inflation (2016)

  • Variation Across Household in the Rate of Inflation
  • "Big Data in the U.S. Consumer Price Index: Experiences & Plans"
  • The Case for TIPS: An Examination of the Costs and Benefits
  • How the Inflation Illusion Killed the CAPM
  • Inflation Illusion and Stock Prices
  • Has Globalization Changed Inflation?
  • Money Illusion and Housing Frenzies
  • Price measurement in the United States: A decade after the Boskin Report
  • Inflation as a Redistribution Shock: Effects on Aggregates and Welfare
  • Real-Feel Inflation: Quantitative Estimation of Inflation Perceptions
  • TIPS, Inflation Expectations, and the Financial Crisis
  • Why Does the Treasury Issue TIPS? The TIPS-Treasury Bond Puzzle (Sept 2010)
  • Addressing misconceptions about the Consumer Price Index
  • Producing disease-based price indexes (Feb 2010)
  • Equilibrium Asset Prices and Investor Behavior in the Presence of Money Illusion (2009)
  • Stock Returns, Real Activity, Inflation, and Money (1981)
  • The Long-Run Relationship between House Prices and Rents (2004)
  • Why Do People Dislike Inflation? (1997)
  • Inflation, Rational Valuation and the Market (1979)
  • Towards an Understanding of the Real Effects and Costs of Inflation (1978)
  • A Reconciliation between the Consumer Price Index and the Personal Consumption Expenditures Price Index (2007)
  • Inflation expectations and behavior: Do survey respondents act on their beliefs? (2011)
  • The Impact of Inflation on Corporate Taxation
  • How Inflation Affects Balance Sheets (1934)
  • Cost-of-living Clauses: Trends and Current Characteristics (1996)
  • Cost-of-Living Escalators in Major Union Contracts (1983)
  • Rethinking the measurement of household inflation expectations: preliminary findings (2008)
  • Does Inflation Adjust Faster to Aggregate Technology Shocks than to Monetary Policy Shocks? (2011)
  • Disagreement and Biases in Inflation Expectations (2009)
  • Consumer Price Index data quality: how accurate is the U.S. CPI? (2012)
  • Worry-Free Inflation-Indexing for Sovereigns: How Governments Can Effectively Deliver Inflation-Indexed Returns to Their Citizens and Retirees (2012)
  • What Should Core Inflation Exclude? (2012)
  • Inflation Dynamics and Time-Varying Uncertainty: New Evidence and an Ss Interpretation (2012)
  • The Curiously Different Inflation Perspectives of Men and Women (2001)
  • Understanding the Distributional Impact of Long-Run Inflation (2012)
  • The Monetary Dynamics of Hyperinflation (1956)
  • Interest Rates and Price Expectations During the Civil War (1972)
  • World Hyperinflations (2012)
  • The Demographics of Inflation Opinion Surveys (2001)
  • The Relationship between Relative Prices and the General Price Level (1976)
  • Alternative CPI aggregations: two approaches (2000)
  • Low inflation, pass-through, and the pricing power of firms (2000)
  • Inflation: Its Mechanics and Welfare Costs (1975)
  • Inflation and Asset Returns in a Monetary Economy (1992)
  • The ends of four big inflations (1981)

  • Money and Velocity During Financial Crises: From the Great Depression to the Great Recession
  • Another Look at Long-Run Money Demand
  • Why Has U.S. Inflation Become Harder to Forecast?
  • Comparing U.S. and European inflation: the CPI and the HICP
  • Do Macro Variables, Asset Markets, or Surveys Forecast Inflation Better?
  • Does Wage Inflation Cause Price Inflation? (2000)
  • The Seasonality of Consumer Inflation (1995)
  • Mean Reversion of Inflation Rates: Evidence from 13 OECD Countries
  • Measuring Inflation Persistence: A Structural Time Series Approach
  • Pricing Treasury Inflation Protected Securities and Related Derivatives using an HJM Model
  • Understanding Inflation Convexity
  • A Market Model for Inflation
  • Reconciling Year on Year and Zero Coupon Inflation Swap: A Market Model Approach
  • Impact of Seasonality in Inflation Derivatives Pricing
  • The Microstructure of the TIPS Market (December 2009)
  • Tips from Tips: The Informational Content of Treasury Inflation-Protected Security Prices
  • The TIPS Yield Curve and Inflation Compensation (Oct 2008)
  • TIPS Options in the Jarrow-Yildirim Model (Oct 2005)
  • Inflation Risk Premium: Evidence from the TIPS Market (Nov 2010)
  • Inflation, Fisher Equation, and the Term Structure of Inflation Risk Premia: Theory and Evidence from TIPS (Sep 2005)
  • Scraped Data and Sticky Prices (Jan 2011)
  • Measuring Inflation Persistence: A Structural Time Series Approach (2005)
  • Weighted Median Inflation: Is This Core Inflation? (2004)
  • Core Inflation as a Predictor of Total Inflation (2006)
  • Sectoral Price Facts in a Sticky-Price Model (May 2011)
  • Global Inflation (Oct 2005)
  • Inflation Expectations and Behavior: Do Survey Respondents Act on their Beliefs? (2010)
  • How Does Slack Influence Inflation? (2011)
  • Do Macro Variables, Asset Markets or Surveys Forecast Inflation Better? (2007)
  • The Reliability of Inflation Forecasts Based on Output Gap Estimates in Real Time (2005)
  • Measuring the Level and Uncertainty of Trend Inflation (2011)
  • Pricing Treasury Inflation Protected Securities and Related Derivatives using an HJM Model (2003)
  • Convexity adjustments in inflation-linked derivatives (2008)
  • Inflation-Gap Persistence in the US (2010)
  • Decomposing the declining volatility of long-term inflation expectations (2011)
  • Forecasting Inflation (2013)
  • TIPS: Taking Inflation Premium Seriously (2005)
  • Effective Use of Survey Information in Estimating the Evolution of Expected Inflation (2012)
  • Uncertainty over Models and Data: The Rise and Fall of American Inflation (2012)
  • Inflation Dynamics When Inflation Is Near Zero (2012)
  • Disagreement about Inflation Expectations (2003)
  • On the Accuracy of Time-Series, Interest Rate, and Survey Forecasts of Inflation
  • Are Money Growth and Inflation Still Related? (1999)
  • The Information Content of M3 for Future Inflation (2000)
  • Does Money Lead Inflation in the Euro Area? (2001)
  • Is Money Irrelevant? (1988)
  • Predicting Inflation: Does The Quantity Theory Help? (2003)
  • Forecasting Inflation (1999)
  • Putting M Back into Monetary Policy (2002)
  • Money and inflation in the Euro Area: A case for monetary indicators? (2001)
  • Pricing TIPS and Treasuries with Linear Regressions (2012)
  • Estimating the common trend rate of inflation for consumer prices and consumer prices excluding food and energy prices (2008)
  • Forecasting output and inflation: the role of asset prices (2001)
  • Phillips Curve Inflation Forecasts (2008)
  • Forecasting US inflation by Bayesian model averaging (2009)
  • Modeling Inflation After the Crisis (2010)
  • Exploring Survey, Based Inflation Forecasts (2012)
  • Inflation Expectations, Real Rates, and Risk Premia: Evidence from Inflation Swaps (2012)
  • Inflation Expectations and Inflation Forecasting (2007)
  • Survey Measures of Expected U.S. Inflation (1999)
  • Are Phillips Curves Useful for Forecasting Inflation? (2001)
  • Global slack as a determinant of US inflation (2012)
  • Inflation forecasts: how good are they? (1996)
  • Predicting Velocity: Implications for Theory and Policy (1963)
  • Inflation Dynamics: The Role of Expectations (2010)

  • Facts and Fantasies about Commodity Futures
  • Time-Variation in Diversification Benefits of Commodity, REITs, and TIPS
  • Recent Commodity Price Movements in Historical Perspective (2009)
  • The Fundamentals of Commodities Futures Returns (2012)
  • Industrial Metals as Investment (2011)
  • Commodities Sectors and the Business Cycle (2012)
  • The Business Cycle and the Correlation between Stocks and Commodities
  • Stock Market Reaction To Good And Bad Inflation News (2008)
  • Stock Returns and Inflation: A Long-Horizon Approach (1993)
  • Inflation and Rates of Return on Common Stocks (1975)
  • Stock Market Returns and Inflation: Evidence from Other Countries (1983)
  • Owner-occupied homes, income-producing properties, and REITs as inflation hedges (1988)
  • Metal Prices and the Business Cycle (1999)
  • The Effect of Monetary Policy on Real Commodity Prices (2006)
  • Are stocks a hedge against inflation? International evidence using a long-run approach (1997)
  • Equity Returns and Inflation: The Puzzlingly Long Lags (2003)
  • Are Common Stocks a Hedge Against Inflation? (2006)
  • The Relation Between Stock Prices and Inflationary Expectations: The International Evidence (1983)
  • Are stocks a good hedge against inflation? evidence from emerging markets (2004)
  • Alternative instruments for hedging inflation risk in the banking industry (1987)

  • Historical Currency Converter
  • Cleveland Fed "Inflation Central"
  • Median CPI
  • The Inflation Project
  • PriceStats Inc.
  • TIPSwatch
  • Measuring Price Change for Medical Care in the CPI

  • Zvi Bodies educational webcasts
  • The Fed Explains Inflation (Video)
Copyright © Enduring Investments, LLC 2020
Privacy Policy | Disclaimer | ADV Part 3



Header background by Ron Wooten Photography

Privacy Policy

The privacy practices of this Privacy Policy apply to our services available under the domain and subdomains of enduringinvestments.com ("Site"). We recognize that privacy is important to our users, so we design and operate our Site with the protection of your privacy in mind. This Privacy Policy outlines the types of personal information we may gather when you visit our Site or use our services, as well as some of the steps we take to safeguard it. Please read this Privacy Policy to learn more about the ways in which we protect, use and disclose your personal information.

By visiting the Site, you agree to be bound by the terms and conditions of this Privacy Policy. If you do not agree, please do not use or access the Site.

By accepting the Privacy Policy and the terms listed in the Disclaimer page of this Site, you expressly consent to our use and disclosure of your personal information in accordance with this Privacy Policy. This Privacy Policy is incorporated into and subject to the terms listed in the Disclaimer page of this Site. This Privacy Policy is effective when accepted by new users.

Overview

We have adopted general policies and procedures concerning confidentiality, proprietary data and privacy of customer personal information, and the information we gather over the Site is protected by those policies and procedures. Generally, we collect non-public personal information about our clients and investors from the following sources:

Information received from clients or investors on applications or other forms, including the information we collect on the Site, and Information about clients' or investors' transactions with us, our affiliates or others. Our policy is that:

We do not disclose any non-public personal information about our current or former clients or investors to anyone, except as permitted by law. We share non-public personal information with certain service providers, to the extent permitted by law, and we require those service providers to keep the non-public information confidential.

We restrict access to non-public personal information about our clients and investors to employees and service providers who need to know that information to provide services to our clients. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard clients' and investors' personal information. Collection of Information

In general, you can browse the non-password-protected sections of the Site without telling us who you are or revealing any personal information about yourself. We automatically track certain information that your browser makes available whenever you visit a website. This information includes your Internet Protocol address, browser type, browser language and one or more files that may uniquely identify your browser. We may use this information to do internal research on our users' demographics, interests and behavior to better understand, protect and serve you and our clients. This information may include the URL from which you just came (whether this URL is on the Site or not), to which URL you next go (whether this URL is on the Site or not), your computer browser information and your IP address. We use this information to operate, develop and improve our services.

We also may use data collection devices such as cookies on certain pages of the Site to help analyze our web page flow, measure effectiveness, and promote trust and safety. Cookies are small files placed on your hard drive that assist us in providing our services. We offer certain features that are only available through the use of a cookie. Cookies can also help us provide information that is targeted to your interests. Most cookies are "session cookies," meaning that they are automatically deleted from your hard drive at the end of a session. You are always free to decline our cookies if your browser permits, although in that case you may not be able to use certain features on the Site and you may be required to reenter your password more frequently during a session. We use cookies to better understand how people interact with us.

Use and Disclosure of Information

We use the information we collect from our browser and data collection devices such as cookies to improve our operations and facilitate the services you request. We may use information collected from you to measure interest, customize your experience and enforce our terms of use. If you apply for a password, we may use your information to send correspondence and perform services on your behalf in connection with investment related activities.

You agree that we may use personal information about you to analyze Site usage, improve our content and product offerings and customize the Site's content, layout, and services. These uses improve the Site and better tailor it to meet your needs, so as to provide you with a smooth, efficient, safe and customized experience while using the Site.

In connection with providing our services, it also may be necessary for us to share information with other third parties to help us process transactions relating to your account, including, but not limited to, asset transfers from a financial institution and processing or administering investment transactions and portfolios. In certain instances, we may contract with third parties that are not affiliated with us to perform services for us, and, if necessary, we may disclose information about you to those third parties solely for the purpose of carrying out their assigned responsibilities. In those circumstances, we require such third parties to treat your private information with the same degree of confidentiality that we do. In some instances, the third-party service provider may collect information directly from you. In these cases, you will be notified of the involvement of the service provider, and all additional information you provide them and their additional uses will be strictly up to you. If you provide additional information to a service provider directly, their use of your personal information is governed by their applicable privacy policy.

We may also share information about you if we believe that disclosure is required under law. For example, we may need to disclose information in response to a subpoena or to cooperate with regulatory or law enforcement authorities.

We cannot ensure that all of your private communications and other personal information will never be disclosed in ways not described in this Privacy Policy. For example (without limiting the foregoing), we may be forced to disclose personal information to the government or third parties under certain circumstances, third parties may unlawfully intercept or access transmissions or private communications, or service providers may abuse or misuse your personal information that they collect from the Site. Therefore, although we use industry standard practices to protect your privacy, we do not promise, and you should not expect, that your personal information or private communications will always remain private.

Security

Your information is stored on our servers located in the United States. We use procedural and technical safeguards to protect your personal information against loss or theft as well as unauthorized access and disclosure to protect your privacy, which may include encryption, "firewalls" and Secure Socket Layers. We treat data as an asset that must be protected against loss and unauthorized access. We employ security techniques to protect such data from unauthorized access by users inside and outside the company. However, "perfect security" does not exist on the Internet.

Conditions of Use

If you choose to visit the Site, your visit and any dispute over privacy is subject to this Privacy Policy and our terms of use, including limitations on damages and application of the law of the State of New Jersey.

Changes to this policy

This Privacy Policy may change from time to time. We may amend this Privacy Policy at any time by posting the amended terms on the Site. All amended terms shall automatically be effective 30 days after they are initially posted on the Site.

Legal Disclaimer

PLEASE READ THE FOLLOWING TERMS AND CONDITIONS CAREFULLY. BY ACCESSINGwww.enduringinvestments.com AND ANY PAGES THEREOF ("Site"), YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS LISTED BELOW. IF YOU DO NOT AGREE TO THE TERMS AND CONDITIONS BELOW, DO NOT ACCESS THIS SITE, OR ANY PAGES THEREOF.

The information contained on this website is not intended to make any offer, inducement, invitation or commitment to purchase, subscribe to, provide or sell any securities, service or product or to provide any recommendations on which visitors to this site should rely for financial, securities, investment or other advice or to make any decision. Registration status does not imply endorsement by any regulatory agency.

Limitations of Liability

In no event, including negligence, will Enduring Investments be liable for any loss or damage of any kind, including any direct, special indirect or consequential damages arising out of or in connection with the access of, use of, performance of, browsing in or linking to other sites from the Site.

Indemnification

As a condition of your use of the Site, you agree to indemnify and hold Enduring Investments LLC (the "Firm") harmless from and against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys' fees) arising from your use of the sites, or from your violation of these Terms.

Linked Websites

Should the viewer leave the Site via a link contained in the Site which leads to an entity not affiliated with Enduring Investments, the viewer does so at its own risk. The content to which you link will not have been developed, checked for accuracy, or otherwise reviewed by the Firm, and Enduring Investments will not accept any responsibility whatsoever for the content of such sites or any losses related thereto.

When you visit a third party web site by using a hyperlink from the Firm site, our Privacy Policy will no longer protect you. The data collection, use, and protection provided by the linked site may differ from those at the Firm. You should familiarize yourself with the privacy policy and security practices of any third party linked site you visit. Those are the policies and practices that will apply to your use of the third party linked site, NOT our policies and practices. Because the privacy and information security practices may be different than the Firm's, you may be at greater risk to computer viruses, malicious code, or other defects in web sites that may affect your computer.

Passwords

Certain areas of the Site cannot be viewed without a password or access code. You are solely responsible for the use and proper protection of the passwords and you shall take precautions to prevent their unauthorized use. If you become aware that a password has been lost or stolen or of any unauthorized use or access, please contact your Enduring Investments representative immediately. Enduring Investments shall not be liable for the unauthorized use of a password prior to receipt of notice regarding the unauthorized use of a password.