Last week President Obama directed the Department of Labor to move ahead with a rule that would hold brokers/financial advisers/wealth managers to a higher “fiduciary standard.”  Given the many conflicts of interest in this industry, we believe this is long overdue:

http://www.vomundinvestments/bonanza/2015-03-05.pdf

David Vomund
Vomund Investment Management

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    Vomund Investments, LLC
    889 Alder Avenue Suite 202
    Incline Village, NV 89450

    US Mail:
    PO Box 5037
    Incline Village, NV 89450

    775 832 8555

    At Vomund Investments, we tailor our managed accounts to meet the client’s comfort level using stocks, exchange-traded funds (ETFs), preferred stocks, and exchange-traded debt. Most portfolios include lower-risk, better-rated vehicles with yields of five percent or more.

    We also hold some higher-yielding stocks with both dividend growth and capital gains potential. Prices fluctuate of course, but their volatility is less than that of most equities.

    Whether you are investing primarily for growth to reach retirement, or for income to enjoy your retirement, our managed account program deserves a closer look.