The Takeaway: Suddenly, everyone hates Apple

PORTFOLIO

And all of a sudden everyone hates Apple’s guts and thinks its going to zero. (Street Insider) and (Reuters)

THE BIZ

Merrill adviser in WA nailed for $1.7 million on suitability, had client’s whole retirement income account in dividend stocks in 2008. (Financial Planning)

No one is using 529 plans. (Maybe because they suck, are inflexible and annoying?) (Investment News)

Morningstar: Avoid bond market risk by going into actively managed funds. (Focus On Funds)

OUTLIERS

UBS settles the whole LIBOR “misunderstanding” with a billion dollar fine. Whatever, no big deal. (DealBook)

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Disclaimer: Joshua Brown is an investment advisor representative with Fusion Analytics. The content above is for informational purposes only, nothing here should ever be construed as investment advice or a solicitation to trade any securities. Mr. Brown or his firm may be long or short securities mentioned above for client or personal accounts at any time.