The world of investing is about to change at a fundamental level. This change will come from the National Association of Online Investors (NAOI) in the form of Dynamic Investment Theory (DIT) and the next-generation investment type that this theory creates called Dynamic Investments (DIs). You will learn about both on this page along with the amazing affects they will have on the entire financial industry. If you take just a few minutes to read the information presented below, you will get a glimpse into the future of investing and the opportunities that await those who prepare for it now!

A Special Invitation

Leland hevner, president  national association of online investors

Leland hevner, president
national association of online investors

This Web page is part of a more extensive site that discusses Dynamic Investments. But this page is not on the Menu of the main site. I have made it available only to people that I, Leland Hevner, have contacted directly via email or a LinkedIn message. The fact that you are viewing this page means that I have read a short profile of your activities in the financial industry and believe that you and/or your organization could benefit greatly from the information presented here. At the bottom of this page I show how to take action based on what you read.

On This Page

Yes, this page violates all of the rules of a "marketing" page - it is too long, too much information. But my goal here is not a quick sale. Rather, my goal is to summarize and make readers aware of a new, 21st century approach to investing that will change the way investing works in a very significant manner. Then I want to show members of the financial community how they can take advantage of these changes, starting today. I can't do that with a few bullet points. So let's call this a "marketing/information" page and make it more user friendly by bullet-pointing the headings of the topics discussed below. Each is, at most, just a few paragraphs in length. Here they are:

  • The World of Investing Today is Stuck - and Dangerous for Investors!
  • The Seeds of Investing Evolution
  • Introducing Dynamic Investment Theory (DIT)
  • Introducing NAOI Dynamic Investments (DIs)
  • How Do Dynamic Investments Perform?
  • What Makes These Returns So Amazing?
  • Surprise! The Productization of Investing Is Reality
  • Catapulting ETFs to Mainstream Status and Beyond
  • How the World of Investing Is About to Change
  • Teaching DIT with Confidence and DI Field Testing
  • NAOI Support Resources
  • NAOI Dynamic Investment Partnerships
  • Keeping Current with Dynamic Investment Developments
  • Summary - The Evolution of Investing Is Not Optional
  • Contact Information and Getting Started Today

I firmly believe that spending a few minutes to read what is presented here and understanding the changes that are coming fast to the financial industry, will be one of the best investments that you can make.

The World of Investing Today Is Stuck - and Dangerous

As President of the National Association of Online Investors (NAOI) I have the privilege of interacting on a regular basis with hundreds of individual investors who are either students of my personal investing classes or members of the NAOI. From their input I know that the world of investing, as it stands today, is not meeting the needs of the investing public.

As the new year of 2017 dawns, many people are afraid of risking their savings in the stock market. They tell me that the potential rewards of perhaps +7% in a good year are not worth the perceived potential of double-digit percentage losses. The public still remembers the pain of their losses in 2008 and believe that the next market crash is always right around the corner. This fear exists because of how people are advised to invest today.

The problem is that the financial services industry recommends to us, almost without exception, portfolios designed using the rules of Modern Portfolio Theory (MPT) an approach first introduced to the market in 1952! The chart below shows that equity markets have changed significantly since then. Yet the methods used to deal with them have barely changed at all. We are still given static, buy-and-hold MPT portfolios to try to cope with modern dynamic markets. And these portfolios neither enable us to take full advantage of positive returns offered by the market nor to protect us from significant market drops.


You can clearly see on this chart that by continuing to use MPT portfolios, the world of investing is "stuck" in the distant past. The methods and portfolios that we use today must evolve to match the evolution of markets. We begin using dynamic portfolios/investments to deal with today's dynamic markets.

As I searched for investing methods that do work in today's markets to incorporate into NAOI education courses, I have run into a brick wall. MPT, asset-allocation portfolios are seen today by the financial industry as "settled science" and not to be questioned. I could not even find serious research that challenged this dangerously outdated methodology. So I decided to find and develop a new approach myself. I resolved to take on the daunting task of "evolving" the world of investing and bring it into the 21st century.

After multiple years of exhaustive research I found the investing approach I was seeking in Dynamic Investment Theory and the Dynamic Investment type that the theory creates. 

The Seeds of Investing Evolution

The seeds of Dynamic Investment Theory were planted In 2008 while I was teaching a college course in personal investing. As I had done since 1997, I was showing students how to build buy-and-hold, asset-allocation portfolios based on an approach defined by Modern Portfolio Theory (MPT). When the market crashed I watched in dismay as these portfolios crashed right along with it.

At that point I had to realize that the MPT approach was dangerously outdated and putting the wealth of my students at risk. This was unacceptable. Therefore, I cancelled all future classes and redirected NAOI resources to the daunting task of finding a better approach to portfolio design and investing in general.

We began our research with a blank slate. I would not be constrained by Modern Portfolio Theory concepts or any other traditional investing methods. I quickly saw that a new investment type was needed that was sensitive to market movements and that had the built-in intelligence to change the equities it held to take advantage of these movements. It was obvious to me that the MPT buy-and-hold management strategy needed to be replaced a buy-and-sell strategy that could both enhance investor returns and protect their wealth. 

Fortunately I had at my disposal the perfect resource for powering a new dynamic approach in the Exchange Traded Fund (ETF) investment type. The fact that ETFs have all of the variety and diversity features of a mutual fund with the added benefit of being easy to trade made it perfect for building a dynamic investment type. With this piece of the puzzle in place, it then became a matter of creating an investment structure that could sense market movements and change the ETF(s) it held rapidly and efficiently in response to them.

After 5 + years of exhaustive R&D and testing we found the new approach we were looking for in the form of Dynamic Investment Theory (DIT) and the next-generation investment type we needed in the form of Dynamic Investments (DIs). This is now what I teach and what my students eagerly use in their investing activities. 

Introducing NAOI Dynamic Investment Theory 

As research began, we vowed that the new approach to investing would be developed based on scientific methods and that all trading activity would be triggered by objective observations of market movements instead of subjective human judgments as they are today. We were determined to eliminate as much of the human bias/error factor as possible.

So we started with the ONLY fact that is known about equities markets with a high degree of probability; namely that the prices of equities that track entire asset classes, total markets and market segments are cyclical. They move up and down in price over time. And they move up and down in price at different times - e.g. when stocks go up, bonds go down (see chart below). This led us to the hypothesis that there exist at all times, in any economic condition, positive returns somewhere in the market.

With the formulation of this hypothesis, our goal then became to design a new investment type that was capable of finding and capturing the positive returns offered by equities that are moving up in price while avoiding equities that are moving down in price.

We succeeded in meeting this goal with NAOI Dynamic Investments (DIs); a revolutionary, next-generation investment type that is discussed next. Using DIs to test our hypothesis showed with a high degree of probability that our hypothesis was correct. At that point we upgraded our hypothesis to a theory and called it Dynamic Investment Theory or DIT for short. We had found a replacement for MPT; or at the very least a viable option.

Introducing NAOI Dynamic Investments

DIT defines the logic and the rules for the creation of a next-generation investment type called Dynamic Investments (DIs). A DI is designed to automatically change the Exchange Traded Fund (ETF) it holds based on a periodic sampling of market trends. By doing so DIs are able to capture the positive returns potential that exists somewhere in the market at all times and to do so based on objective market observations, not on subjective human analysis and judgments.

As we backtested various DI designs, we saw that certain configurations produced returns that today's "experts" will say are impossible - they astounded even us! As testing continued and DIs showed superior performance in all economic conditions and they have done so for at least the past decade. As test results were analyzed we began to realize that DIs had the power to change for the better virtually every aspect of how we invest today. We saw that DIs were the catalyst needed to evolve the world of investing into the 21st century.

Dynamic Investment Components

After exhaustive testing we were able to define an optimal structure for the NAOI Dynamic Investment. It has four simple components as illustrated in the figure shown below at right. They are as follows:

  • The Dynamic ETF Pool or DEP: This component of the DI holds from 2 to 10 ETFs that are candidates for purchase by the DI which only owns one of these ETFs at a time.
  • The Review Period: This component specifies how often the DI samples market trends and ranks the ETFs in the DEP to identify the one trending up most strongly. This is the one ETF that the DI will buy and hold until the next review period.  
  • The Trade Signal: This is a simple price chart indicator that measures the direction and strength of the price trend for each ETF in the DEP. Only the one ETF that is trending up most strongly at time of review is purchased, or held if already owned, until the next review.
  • A Fourth Component: There is another very simple DI component that lowers its risk substantially. It is revealed in The Dynamic Investment Bible and will be revealed to any organization with whom we work.

Once defined, the variables for a specific DI do not change. However, the ETF held by the DI does change depending on market conditions. This type of invest is unique in the market. First of all, it is a comprehensive investment - specifying the ETF candidates to be considered AND completely defining how this investment will be managed and trades made on an ongoing basis. This is in stark contrast to MPT portfolios that specify the equities to be held but are mute on how they are to be managed. Trading decisions related to an MPT portfolio are made by very fallible human judgments. Trading decisions related to a DI are based on empirical market observations - which we found to be a far more accurate predictor of future market movements than human market analysis.

Thus, amazingly, in DIs, we had created a passively managed, active investment that provides the best elements of each approach. This topic is discussed in my Blog Post on this topic.

By changing the values of the DI design elements there are an unlimited number of powerful and unique Dynamic Investments that can be created for virtually any goal. As a result, this new design approach opens the doors to a vast, virgin field of product development. And since DIs do not require the creation of new ETFs - they simply combine existing ETFs - the arduous process of identifying viable new ETFs and bringing them to market goes away. 

How Do Dynamic Investments Perform?

With the DI structure defined, we now had an investment type that was sensitive to market movements and had the built-in intelligence to find and capture positive returns in a wide range of market areas. But the question remained: Do DIs work over the long term? Answering this question became the next focus of our research.

Of course the performance of a specific DI depends on the skill of its designer. So for testing purposes we used one of the simplest DIs possible that was created by the NAOI with only 3 ETFs in its DEP and a quarterly review. As test results came in, we were astounded by the annual and the average annual returns produced by this simple DI when backtested over the past ten years from the start of 2007 to the end of 2016 - a decade worth of data. This was a period that included a significant stock market crash, a sustained bull market and several years when the market was flat. In other words, the backtest period covered a statistically significant number of sampling periods (40) and a full variety of economic conditions, both critical elements for validating the effectiveness of Dynamic Investment Theory.  

Empirical Backtest Performance - The tables below show the average annual returns of the simple NAOI Dynamic Investment for the backtest period as compared to that of a generic, buy-and-hold MPT portfolio with a 60% allocation to stocks and 40% allocation to bonds. Also shown is the Sharpe Ratio of each investment for the total period. The Sharpe Ratio is a risk measure showing the amount of return received for each unit of risk taken. Any Sharpe Ratio greater than 1.0 indicates a superior investment.

Performance Summary Table for the period from the start of 2007 to the end of 2016:


Annual Returns for each investment type during the backtest period.


These DI return numbers are simply astounding. Today's "experts" would say that they are impossible. And they are impossible when an investment is constrained by MPT portfolio design and "management" rules. But with the use of a Dynamic Investing approach, returns like this are not only possible but probable! And the Sharpe Ratio for the period, presented in the first table above, shows that these returns did not come with excessive risk!

What Makes These Returns So Amazing?

Why does this ultra-simple NAOI designed Dynamic Investment perform so well? Let's look at just a few of the many reasons:

  • Time Diversification. Like MPT portfolios all DIs have company diversification through the use of ETFs and asset diversification by having multiple ETFs in their DEPs. But they add another factor in the form of "time-diversification" which does not exist in MPT portfolios. And while company and asset diversification only reduce risk, time diversification reduces risk AND enhances performance! It is about time that this incredibly powerful diversification factor was put to use in investment design!
  • Buying Winners / Avoiding Losers. DIs are designed to ONLY buy into asset types / market segments that are moving up in price at time of purchase. Odds are good that the trend will continue for at least another quarter. They are also designed to avoid or quickly sell areas of the market that are trending down in price. A good example is 2008 when all NAOI-designed DIs automatically switched from stock-based ETFs to bond-based ETFs and earned 50%+ for the year while the stock market was losing about the same amount! In contrast, MPT portfolios are designed to purposely hold both winners and losers at all times, an action that significantly suppresses portfolio returns and exposes the portfolio to excessive risk.
  • A Buy-and-Sell Management Strategy. DIs use a buy-and-sell management strategy to nimbly and automatically move between asset types and markets/market segments based on price trends. In other words, they are sensitive to market movements and designed to take advantage of them - without the need for human intervention. Market sensitivity is not present in today's static, buy-and-hold, MPT portfolios that move up and down in value at the whims of the market with no rules for selling to either take profit or to avoid losses - both of which DIs do automatically.
  • Elimination of Human Subjective Judgments. The intelligence built into each Dynamic Investment automatically signals trades based on empirical observations of market trends. Trades are not made based on subjective human judgments as they are in MPT portfolios. This benefit protects investors from all types of human foibles such as incorrect analysis, inappropriate recommendations, sales bias, scams, schemes and fraud - all of which the holder of an MPT portfolio today must contend with.

In DIs we had found an investment type that could enable investors to participate in the market with confidence, without fear and with the real expectation of significant returns without excessive risk. Thus, we had met the goals originally set in 2008 when the seeds of investing evolution were planted. We had found a better approach to investing that I could teach with confidence and with by meeting this goal NAOI investing classes were restarted.

Surprise! The "Productization of Investing" Is Now Reality

As we were developing Dynamic Investments we gradually realized that we were achieving something that financial mavens had been seeking for decades - namely, the "productization of investing." The experts have never found what is often referred to as the "Holy Grail of investing". In DIs the NAOI has. Here are the elements of Dynamic Investments that make them the market's first ever consumer investing product:

  • DIs are comprehensive investment products. They specify the ETFs to work with AND how they will be automatically managed on an ongoing basis by the DI's internal intelligence. Once designed, DIs can be bought and held for the long term by the consumer. While held, the DI will automatically change the ETF held to take advantage of market changes and by doing so produce superior performance without the need for human intervention. This is a criteria for productization.
  • DIs have the universal goal of capturing positive returns in the areas where they are designed to look and avoiding losses. In contrast, MPT portfolios have as their goal matching the risk tolerance of each investor - the exact opposite of a universal goal. DIs don't care about any investor's risk profile - their only goal is maximizing returns while minimizing risk in any economic condition. Thus there is no need to design customized DIs for each investor as is required for MPT portfolios; another requirement for DIs to assume "product" status. 
  • As a result of the above two factors, DIs are standardized consumer investing products that can be bought "off-the-shelf" by the public with, or without, the help of a financial advisor. And this is the definition of the "productization of investing" - the Holy Grail of Investing.

When the world of investing is productized, every facet of it changes significantly and for the better. This huge and insanely important topic is discussed in detail in Chapter 10 of The Dynamic Investment Bible that can be purchased here.

Catapulting ETFs to Mainstream Status and Beyond!

NAOI Dynamic Investments will dramatically elevate the status of the Exchange Traded Fund (ETF) industry. The amazing performance of DIs is due, in part, to the fact that they exploit the unique benefits of ETFs in ways that MPT portfolios can not. DIs take full advantage of the fact that ETFs trade like stocks and that there exists at least one ETF that tracks virtually any asset type or market area where a DI may be designed to look for positive returns. Add to these benefits the low expenses related to owning ETFs and our choice of this investment type to power DIs was a no-brainer.

The NAOI has recommended the use of ETFs to our students for years. But today they are not seen as, or used as, mainstream investments. In fact, most people that I talk to about investing have no idea what ETFs are. There are two reasons for this. First, MPT portfolios use a buy-and-hold strategy that does not take advantage of the fact that ETFs are easy to trade. Second, financial advisors typically do not recommend ETFs to clients because they offer little or no sales commissions for doing so, unlike mutual funds that can be laden with sales incentives. For these reasons and others, today the sales of mutual funds far outpace those of ETFs. This is about to change.

In the future, Dynamic Investments will be the market's dominant investment type. And because DIs invest only in ETFs, they will serve as the vehicle for igniting the explosive growth of ETF sales. Thus, the entire ETF industry should welcome Dynamic Investments with open arms and be eager to work with the NAOI in developing, marketing and selling them. 

To emphasize this point let's take a quick look at some of the issues that are keeping ETFs from being mainstream investments today and how the use of DIs will remove these obstacles.

  • Barriers to New ETF Product Development: A significant problem in the ETF world today is that it is running out of new, unique ETF products to create. Virtually every asset type, market and market segment is currently tracked by a least one ETF and most by several. New ETF developers are hitting a dead end. 

Dynamic Investments tear down this wall. DIs do not require the creation of new ETFs. New DIs are developed by simply combining existing ETFs! Therefore there is no need to search for increasingly elusive, unique and viable new ETFs or to go through the expensive process of bringing them to market. For more information on this topic visit my Blog post dedicated to this issue by clicking here.

  • Reviving Dying ETFs: Because the ETF world is getting crowded, new ETFs are increasingly more narrowly focused and thus more volatile. And volatility is not a good thing for today's buy-and-hold, MPT portfolios. As a result many valuable ETFs in existence today are simply not recommended by advisors to their clients and will eventually die.

Dynamic Investments solve this problem. Volatile ETFs can be very valuable components of a DI's Dynamic ETF Pool (DEP) where they are ONLY purchased when they are moving up in price more strongly than any other ETF in the DEP. They are then held for a very short time (e.g. one quarter) before the DEP is reviewed again and the volatile ETF is replaced if it's price is deteriorating. DIT design methods also stop losses quickly if a volatile ETF that is owns drops suddenly in price. 

The DI structure and management approach brings back to life ETFs such as PEK, an ETF that tracks China stocks. PEK is a ticking time bomb in an MPT portfolio but can serve a very valuable function in the Dynamic
ETF Pool of a well-designed DI. Go about half way down on this page to see an example of how this works.

  • Uncovering Massive Latent Value in Existing ETF Product Lines: Many companies have extensive product lines of proprietary ETFs. These are very valuable assets for the developing organization. Yet these product lines currently hold massive value potential that is lying dormant. This is value that is unleashed by combining existing ETFs in the Dynamic ETF Pools of newly created Dynamic Investments. And each newly created DI formed in this manner will perform exponentially better than any of the standalone ETFs that it has in its DEP.

    By using existing ETFs to create Dynamic Investments a company can multiply the value of its current ETF product line many times over and do so virtually overnight without the need to create a single new ETF! Go to this link for more information on this topic.

When the public learns about the higher returns, lower risk and wealth protection features of Dynamic Investments, they will demand this investment type. And since ETFs are the equity type that powers them, as DIs become more popular sales of ETFs will soar. Dynamic Investments are the vehicle that will catapult ETFs from today's investing "backwaters" to the mainstream of the investing world.

How the World of Investing Is About to Change

Dynamic Investments are so superior to today's MPT portfolios that they will change the future of investing in virtually all areas. Many of the astonishing changes are presented at this link. Let's look at how specific groups in the investing arena will be affected - and note that an NAOI White Paper exists for each of these areas and applications. Contact me at to request one that relates to your business.

  • For Individuals - Dynamic Investments are the investment type that individuals have been waiting for to take full advantage of the income potential of equities markets. They provide to investors high returns with low risk. They protect investors from market crashes and erect barriers against sales bias, inappropriate recommendations, human errors and investing scams. And DIs are so simple to implement and manage that most people will be able to invest in them using an online broker. The introduction of DIs will bring millions of average people with money to invest back into the market with confidence and without fear.
  • For the Financial Services Industry - While change is never easy for an industry that is making money hand over fist today using current investing methods, the financial services industry should welcome and embrace Dynamic Investments. Why? Because, as mentioned above, they will bring millions of new clients into the market. In addition, DIs open a vast new field of investment product development. Not only will DIs generate revenue streams in the form of management fees from a much larger client base than exists today, they will also enable financial organizations to create assets in the form of proprietary DI designs that can be licensed - much like indexes are today. For these reasons and others, the introduction of Dynamic Investments will cause revenues for the financial services industry to soar.
  • For Financial Advisors - Advisors should also welcome DIs with open arms. This is an investment type that is easy to explain and sell. It is a product that provides levels of return that are impossible with MPT portfolios with far less risk. Plus, DIs take a lot of the "guesswork" out of financial advice. Using Dynamic Investments advisors don't have to guess at future market movements using expensive "expert" analysis. Each DI is constantly monitoring market trends and automatically signaling the trades to make to take advantage of these trends. These factors, and others, free up time for advisors to concentrate on other important aspects of wealth creation including a whole range financial planning services that clients desperately need. Go to this link for more information on this topic.
  • For Investment Product Developers - DIs open a vast new world of product development opportunities that don't currently exist. There are an unlimited number of DIs that can be created for a wide spectrum of goals and an unlimited number of ways that DIs can be configured in a Dynamic Portfolio or in a Hybrid DIT / MPT portfolio. Go to this link for a discussion of DI configurations and opportunities. 
  • For Portfolio and Asset Managers - DIs give portfolio and asset managers an extensive new set of tools for meeting the performance goals of the money under their control. Using DIs, asset managers can create portfolios with far higher returns and less risk than any MPT portfolio model in existence today. And the number of ways that Dynamic Investments can be integrated into a portfolio are virtually unlimited. Go to this link for more information on this topic.
  • For Online Brokers - DIs are finally the investment type that can enable individuals to invest on their own if they wish. Because each DI is a comprehensive consumer product, as discussed above, individuals can easily implement and manage them using an online broker without the need for an adviser's assistance. Thus, DIs create an incredible opportunity for online brokers who provide Dynamic Investments, DI education and DI management tools to the public. By working with the NAOI to offer these revolutionary products, a massive new market of individual investors opens up for online brokers that currently does not exist in an MPT-based investing environment. And for online brokers that also offer an ETF product line, this opportunity is magnified exponentially.
  • For 401k Sellers and Managers - Most students who take my personal investing classes attend because they have no idea how to deal with their 401k accounts. They tell me that education provided by 401k suppliers is inadequate and the choices they have for investments are too limited. In other words, they know they need to participate in these Plans but they don't know how to do so effectively. Dynamic Investments solve this problem in a very elegant manner. The NAOI has created what we call "market-biased portfolios" that combine elements of both traditional MPT portfolios and Dynamic Investments. The "Basic" NAOI Market Biased Portfolio is extremely simple and automatically signals trades on an ongoing basis to take advantage of major market trends. Thus, the 401K participant has a very easy choice. He/She simply buys a very simple dynamic portfolio and then just holds onto it. The DI in the portfolio will automatically signal when trades need to be made. As an additional benefit, 401k and all IRS approved retirement plans do not impose tax penalties the buy-and-sell investment strategy used by DIs. Buy-and-hold MPT portfolios "waste" this important benefit. You can read more about the NAOI Dynamic 401k Plan solution by clicking here.

The future of investing is bright. It will not be like the past or even the present. It will be exponentially better for all involved through the use of NAOI Dynamic Investments. And this future will be especially profitable for developers and sellers of Exchange Traded Funds who will see sales of their products soar!

Teaching DIT with Confidence and DI Field Testing

Having met my goals for developing a better approach to investing, I restarted my Personal Investing classes in 2013, at the moment that I felt that I could teach Dynamic Investing Theory with confidence. This confidence comes from the fact that I know that DIT was developed using scientific methods; starting with a hypothesis and evolving to a theory that forms a solid logical basis for why Dynamic Investments have worked in the past, work today and will continue to work in the future.

My confidence is further strengthened by the fact that the NAOI has been working with dozens of our students to "field test" DIs since 2012 when the core elements of Dynamic Investments where in place. All of our field-test investors devoted at least a portion of their live portfolios to one of our "basic" DI designs. And all were delighted and amazed with the results.

The overwhelming feedback from our testers was that DIs gave them the confidence they needed to be more aggressive in their interaction with the market. They told us that DIs enabled them to invest in areas of the market that they would not touch when using a buy-and-hold MPT portfolio. They understood that this new investment type changes the ETF it holds based on objective observations of market trends and not on the subjective opinions of "experts". Therefore they could simply buy a Dynamic Investment and relax, not caring about the flood of financial news and opinions that assaults them on a daily basis. They knew that their DI was constantly monitoring the market and making the trade decisions necessary to both maximize their returns and protect their wealth.

All of our testers, without exception, continue to use DIs to this day and are gradually expanding the allocation percentage of their portfolio dedicated to this new investment type. Many of these same people were ready to pull out of the market when their only option was to buy and hold a static and "dumb" MPT portfolio. With the choice of using dynamic and "smart" DIs these individuals are now confident and enthusiastic investors.

NAOI Support Resources

Creating DIT and Dynamic Investments is just one facet  of the evolution of investing that we set out to create in 2008 and released to the public in 2016. We knew when we started that for a fundamentally new investing approach to succeed a host of support resources would be needed. Thus, along with our development of a new dynamic investing approach and a revolutionary investment type, we also created support resources that would be critical to their widespread use. These include support resources in the areas of DI education, marketing, development and management tools.

We are now prepared to offer a total investing solution to companies that want to move forward into the future of investing, today. And by taking prompt action to gain a massive competitive advantage over organizations who insist on remaining "stuck" in the past. Here are just a few of the specific Dynamic Investment support resources that the NAOI offers.

Seminars: This is an introductory presentation that will show financial organizations all aspects of the Dynamic Investing approach and how a company can significantly increase profits by including DIs in its strategic plan. Seminars are conducted in a group environment, typically in the offices of our customer. Many organizations will want to start with this cost effective offering as a prelude to a customized consulting contract. See more at this link.

Powerful Dynamic Investments: The NAOI can provide to our customers the design specifications for multiple, powerful Dynamic Investments that an organization can begin using and/or offering to clients immediately. These will be included as part of a Consulting Contract discussed below. We will not only give to you the design specifications for these DI's but we will also show you how to integrate them into your current product line; creating new revenue streams without disrupting existing ones.

Classes: Organizations that want to create, use and/or sell Dynamic Investments will need expert training. The NAOI offers classes in DI design as well as in DI marketing and sales. These are classroom sessions, similar in format to those that the NAOI uses in our college-level Personal Investing courses. Each can be customized to meet the specific needs of the organization we work with. Graduates of these classes will be among the most valuable employees that a financial organization has. See more at this link.

Powerful Dynamic Investments: The NAOI can provide to our customers the design specifications for multiple, powerful Dynamic Investments that an organization can begin using and/or offering to clients immediately. These will be included as part of a Consulting Contract discussed below. We will not only give to you the design specifications for these DI's but we will also show you how to integrate them into your current product line, creating new revenue streams without disrupting existing ones.

Consulting: Via a consulting arrangement the NAOI will work with an organization to integrate Dynamic Investments into its existing product line in a manner that can significantly increase sales without disrupting current revenue streams. We can also show an organization how to set up a comprehensive DI development, testing and support operation. The consulting contract deliverables will be customized to meet the unique needs of the organization we work with. See more at this link.

Click to go to naoi store and purchase

Click to go to naoi store and purchase

The Dynamic Investment Bible: This is the book that introduced Dynamic Investments to the market in 2016. Here readers, both individual investors and financial professionals, will learn how and why Dynamic Investment Theory was created and how the revolutionary Dynamic Investment type will improve the world of investing in virtually all areas. Readers are also given simple DI designs that they can use immediately to achieve average annual returns of 20%+ in virtually any economic conditions with low risk.

This is the most significant investing book published in decades! Click this link or the picture below to go to the NAOI store where the book can be purchased. Corporate quantity discounts are available by contacting us using the information at the bottom of this page. 

Speaking Engagements: Leland Hevner is an "investing futurist". As is evidenced by the information on this page and this site his ideas break the mold of traditional investment thinking and often generate controversy. To him there exists no such thing as "settled science" investing methods. If you are looking for a speaker with a unique point of view and the products / performance to back it up, consider hiring him for a private speaking engagement. He will also "shake-things-up" as part of a investing panel discussion or in a media interview. A certainty is that he will stimulate new thinking and definitely not be boring! Click here to see Hevner's background and contact him using the information at the bottom of this page.

NAOI Support Resources Summary

The NAOI provides more than just Dynamic Investment "products." We provide total Dynamic Investment "solutions" that ensure the success of any financial organization with whom we work. Contact us using the information at the bottom of this page to start preparing for the future of investing today!

NAOI Dynamic Investment Partnerships

The NAOI is well aware of the fact that we have barely scratched the surface of the potential that the Dynamic Investment approach brings to the world of investing. Therefore we are currently open to partnering with an organization who has the resources to work with us to exploit more of this potential. With the right partner we are willing to share our R&D methods and data along with our ideas for expanding DIT applications. While Consulting Agreements will enable a company to increase revenues and gain market share now, a Partnership will, in addition, enable a company to develop a new strategic product plan well into the future. The organization we partner with will be perfectly positioned to lead the entire industry into the future of investing with tremendous competitive advantages.

The greatest value of a Partnership is realized when it is exclusive. For a short period of time exclusivity is available. If your organization is interested in an exclusive relationship with the NAOI to bring Dynamic Investments to market, let us know as soon as possible. Our input from the investing public tells us that your organization would much rather be an NAOI Partner than trying to compete against an NAOI Partner.

Keeping Current with Dynamic Investment Developments

The study and development of Dynamic Investment Theory and Dynamic Investments is an ongoing process. New developments and applications are coming online continuously. To share them the NAOI has built a communication structure that include the following:

  • The Author Blog. Here I regularly post news about DI developments and discuss the application of DIs in a variety of real-life applications. Click here to browse the list of Posts. You will want to visit the Blog Page often as new features and uses for DIs are coming fast.
  • Twitter. News items related to Dynamic Investments are communicated to the public on a more frequent basis via Twitter. I will tweet when a new Blog Post is available and when anything of significance happens. To access this news stream follow me on Twitter at @LelandHevner. Click here to access my Twitter page.
  • Updates Email List. Significant events such as the design of a newly released NAOI Dynamic Investment, a new area of application for DIs and on a regular basis a review of DI performance will be communicated to members of our NAOI DI "Updates Email List" that you can join at the bottom of this page. I don't send these emails often, but when I do they will be worth reading. And be assured that your information is safe with us and is not shared with any third party! You can unsubscribe at any time.

All of these communication channels enable you to stay up-to-date with Dynamic Investment developments as they happen; and they are happening fast! Being the first to know can be a major competitive advantage.

Summary - The Evolution of Investing Is Not Optional 

As financial professionals our primary job is to empower the investing public to take maximum advantage of the positive returns potential of the US equities market and to protect them from wealth destruction.

Right now, we are not doing a very good job on either front. By pushing out to clients static, asset-allocation MPT portfolios we expose them to significant risk of loss while throttling their ability to take full advantage of the positive returns that the market offers somewhere at all times. But for the past 70+ years the financial services industry has given us no options - MPT is seen as "settled science".

This lack of choice comes to an end with the introduction of Dynamic Investment Theory (DIT) and Dynamic Investments that you have learned about on this page. Now a real, and demonstrably better, choice for designing and managing portfolios exists.

The Bottom Line: Change or Die

In the very near future the public will demand the high returns with low risk that can only be produced by Dynamic Investments. Financial organizations that meet this demand by developing and/or offering DIs to the investing public will thrive in this environment. Organizations that either refuse to accept Dynamic Investments or choose to ignore them will lose clients to those that embrace change. As a result, those that are stuck in the mud of the past will fade away and eventually die. That's just how evolution works. 

Contact Us - Get Started Today!

There is far more to Dynamic Investment Theory and Dynamic Investments than I have communicated on this Web page and on this site. Here I have barely scratched the surface of the potential that this new approach brings to the investing world in all areas. To learn more about how to take full advantage of this potential, contact the NAOI using the information on the Contact Page of this site or contact me directly at

Let's start a discussion.