Independent Advisor Blog
Articles are about big issues affecting readers, individual or corporate.
Most days, the lead article on every financial news website is a six-year-old story about whether Greece is going to leave the Eurozone or require more loans from other European countries to stay there.Read More
As Germany and Japan join China in trying to export their way out of their economic dilemmas, the world is pinning its hopes on U.S. consumers—many of whom have not received a raise in six years.Read More
This morning a guest on CNBC said spending by companies on plant, equipment, software, etc. was just around the corner. I’ve heard this for five years. However, as long as short-term stock prices determine executive pay, companies will continue to use company cash to push up their stock price instead of investing.Read More
For the past five to ten years, stock buybacks have been the preferred spending method. Stock buybacks reduce the amount of outstanding stock that boasts the earnings per share, thus causing companies to appear more profitable.Read More
Timothy P. Hayes, Earns Accredited Investment Fiduciary Designation from the Center of Fiduciary Studies
The AIF designation specifies special knowledge of fiduciary responsibility and the ability to implement policies and procedures that meet a defined standard of care. The Designation is the cumulation of a rigorous training program, which includes a comprehensive, closed-book final examination under the supervision of a proctor, and agreement to abide by the Code of Ethics.Read More