Financial Advisor Insights
Articles are about big issues affecting readers, individual or corporate.
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
San Diego, CA, September 3, 2013 – The Institute of Business & Finance (IBF) recently awarded Tim Hayes with the first nationally recognized mutual fund designation, CFS® (Certified Fund Specialist®). This graduate-level designation is conferred upon candidates who complete an 135+ hour educational program focusing on closed-end funds, mutual funds, ETFs, REITs, UITs and modern portfolio theory. Over $12 trillion is invested in mutual funds in the United States; half of all households own shares in at least one mutual fund.Read More