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The Folly of Five Star Mutual Fund Investing

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When I began my career in the financial planning and investment advisory industry I worked for one of the large brokerage firms in downtown Toledo.  As a trainee in the firm’s development program, I soon befriended another trainee.  I will call him Nelson.  Like me, Nelson was making a significant career change in joining the firm.  We got to know each…

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Pioneer of Passive Investing, Eugene Fama Wins Nobel Prize

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Clients of Bollin Wealth Management LLC who follow Dimensional Fund Advisors (DFA) mutual funds in the news may have recently seen some exciting news about a familiar face. Professor Eugene Fama, a finance professor at the University of Chicago’s Booth School of Business and Dimensional Fund Advisors board member, was one of three winners of the Nobel Prize in Economics;…

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Government Shutdown Provides More Treats than Tricks

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It had all the makings of a great investment horror story, especially since it was occurring in the month of October. The showdown between Democrats and Republicans wrangling over the government shutdown and debt ceiling had many in the media and on Wall Street predicting financial Armageddon. “If the U.S. were to default on its debt obligations, the financial world…

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401(k) Plan Bans Participants for Frequent Trading Violations

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T. Rowe Price recently barred 1,300 American Airline employees from trading in their 401(k) plans in an effort to discourage mass trading.   The company acted after providing several warnings to the barred employees. According to company spokesman Edward Giltenan T. Rowe Price “took this step to protect all fund shareholders against the disruptive impact of excessive trading,” The group of…

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Investors Move to Sidelines Ahead of Fall Uncertainty

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Anticipating market volatility ahead of a potential Federal Government shutdown over the debt ceiling debate and an expected announcement that the Federal Reserve will begin to slow down its quantitative easing program, investors headed to the sidelines in droves in August. Investors sold more than $30 billion of bonds and bond funds in the month of August. August also saw…

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Is A Deferred-Income Annuity Right For You?

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Recently we have had a few inquiries from prospective clients about a relatively new annuity product called a deferred-income annuity. Insurance companies are touting the new product as a way to build your own future retirement pension. So consumers, especially baby boomers, are naturally interested. In fact, sales of deferred-income annuities have more than doubled over the last year alone….

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How Detroit’s Bankruptcy Threatens Municipal Bond Markets

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Although it probably didn’t come as much of a surprise for many observers, earlier this month the city of Detroit filed for bankruptcy protection making it the largest city to ever do so. Detroit was once the fourth largest city in the United States, with a population of just under 2 million residents. For a multitude of reasons (government corruption,…

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You Have to Be in Gold, by Weston Wellington, Vice President Dimensional Fund Advisors

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Each January, a group of prominent investment professionals gather in New York as members of the Barron’s Roundtable to trade quips, stock ideas, and the outlook for markets and economic trends worldwide. Barron’s-a weekly financial newspaper with a small but devoted following of professional and do-it-yourself investors-publishes a transcript of their remarks over three successive issues. The quotations above are…

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Safe Bond Strategies for Today’s Market

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While bonds, whether they are corporate bonds, municipal bonds, treasury bonds, or even high-yield bond, are generally considered by most investors to be “safe” investments, they still have elements of risk exposure that investors need to be aware of. It is still somewhat surprising that some people mistakenly believe they cannot lose money investing in bonds, in light of all…

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