Independent Advisor Blog

Articles are about big issues affecting readers, individual or corporate.

The Greek Clash: Should I Stay, or Should I Go?

The Greek Clash: Should I Stay, or Should I Go?

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Apr 23, 2019

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.

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Investment Shouldn’t Be a Four Letter Word

Investment Shouldn’t Be a Four Letter Word

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Apr 1, 2019

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.

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Stumbling Growth: Was the Negative 2.9% First Quarter GDP Really Just a Fluke?

Stumbling Growth: Was the Negative 2.9% First Quarter GDP Really Just a Fluke?

By: Tim Hayes Financial Advisor - posted in: Economy, Markets, and Interest Rates - Last updated Apr 1, 2019

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.

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Timothy P. Hayes, Earns Accredited Investment Fiduciary Designation from the Center of Fiduciary Studies

Timothy P. Hayes, Earns Accredited Investment Fiduciary Designation from the Center of Fiduciary Studies

By: Tim Hayes Financial Advisor - posted in: In the News - Last updated Apr 1, 2019

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.

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