The BIA Core Wealth Allocation model portfolio has reduced the position in the iShares Aggregate Bond ETF (AGG) and added to the iShares 1-3 year Treasury ETF (SHY). DISCLAIMER: Nothing in this article should be construed as a personal recommendation or investment advice. Nor should anything in this article be construed as an offer, or a solicitation of […]
Archive | December, 2010
BIA Global Strategy Model Portfolio Change
The Mosaic Company (MOS) has been removed from the BIA Global Strategy Model Portfolio. MOS was added to the portfolio on September 16, of 2010. Click here to request a proposal from Barnhart Investment Advisory DISCLAIMER: Nothing in this article should be construed as a personal recommendation or advice. Nor should anything in […]
The Paradox of Thrift Is Now The Paradox of Working
BIA Commentary and Opinion In his recent book How an Economy Grows and Why It Crashes Peter Schiff describes John Maynard Keynes as “a very smart early twentieth century English academic who developed some very stupid ideas about what makes economies grow. Essentially Keynes managed to pull off one of the neatest tricks imaginable: he made […]
David Stockman – “Warren Buffet’s Humbug”
Recommended reading from David Stockman in regards to Warren Buffet’s “gushing drivel” about the government’s financial bailout: Warren Buffet’s Humbug (excerpt) As it turned out, the probability that a sharp contraction of GE Capital’s footings would not have had noticeable impact on the macro economy was never tested due to the Washington’s alphabet soup of bailouts. Instead, […]
iGate – OUCH!
First the bad news. iGate (IGTE) which is about 5 % of the BIA Global Strategy Model Portfolio, got hit for a 19.4% loss yesterday on news the company is making a bid for a much larger rival. The good news (I know this is a bit of a stretch), the decline represented mostly a give back […]
