News Items & Announcements
February 22, 2010
Russell Investments provides their economic summary for review.
January 14, 2010
As they say, 'the past is prologue', meaning that history repeats itself and has a tremendous amount of influence on the present. 2009 presented a unique set of challenges for investors with markets moving from the lowest levels in a decade, to a potentially new bull market. This letter serves as our annual update to our clients.
December 29, 2009
Old Mission Investment Company releases the first quarter 2010 newsletter.
OLD MISSION Investment Company
Welcome to Old Mission Investment Company. From day one, we decided to create something unique - an investment atmosphere that stands the test of time, and provides clients with conflict-free objectivity. Whether you are a new investor that needs some help, a couple looking to properly fund their retirement, or a grandparent looking to consolidate their assets into a wealth plan, we can certainly help. We provide you with experienced professionals that are genuinely interested in working with you, and not just your money.
We provide financial planning assistance, investment management services, and wealth management solutions for our clients. As a firm founded on the combined resources of multiple professionals, we offer our clients an experience that couples personal relationships with professional expertise. Our firm will review the structure of your personal wealth, analyze estate and financial planning strategies, and will examine investment and tax management opportunities. Our professionals have an average of 18 years of investment-related experience, and we look forward to developing a comprehensive plan that works for you and your unique circumstances.
Markets (login required)
February 22, 2010
Russell Investments provides their economic summary for review.
December 9, 2009
With all the talk about our exploding money supply, it's an easy conclusion to assume that inflation is right around the corner. We've experienced a significant growth in money supply, but where did all that cash land? Take a read and find out.
November 20, 2009
Fidelity provides a short insight on the buy and hold investor through the crisis of 2008 and how they may have done compared to those who got out when the crisis started. Fidelity examines the flow of funds to provide a unique look at the timing (or ill-timed) decisions of some investors.
October 27, 2009
Fidelity's Market Research and Education (MARE) releases their third quarter economic commentary and update. For those who love graphs, dig in. Client login is required.
October 22, 2009
JP Morgan provides insight concerning the consumer's role in an economic recovery. Is the consumer the critical element to this recovery? Is it different this time compared to other recessions? They review the 'myth' concerning the level of consumerism needed for a proper economic recovery.
October 18, 2009
Russell investments provides us with the Economic Dashboard giving us a review of the most recent economic activity. It provides a summary of the leading and lagging economic indicators for our economy and whether or not they are improving or deteriorating.
September 8, 2009
David Kelly from JP Morgan provides commentary concerning the US debt levels and future economic activity. This summary provides key insight concerning many of the questions we all have regarding the US dollar, debt, and GDP growth. Login is required.
February 20, 2009
When markets finally turn around, what percentage of the recovery is recouped within certain time periods? In this climate, it's certainly tough to imagine that a 45% return is possible within 12 months of the turn. Fidelity provides this commentary.
February 12, 2009
How does this bear market stack up against those of the past? Fidelity examines past bear markets and provides a simple summary of the performance of bear markets following attaining a market bottom. Recoveries can and do take place - what are the results?
February 2, 2009
The process of gifting isn't as simple as you would think. Tax considerations are a major discussion when gifting is done. As your estate plans are taken into consideration, lifetime gifting can provide useful benefits for you and your beneficiaries.
January 20, 2009
With 2010 approaching, how can all individuals benefit using the Roth IRA as a wealth accumulation and wealth transfer vehicle? This is an in-depth discussion of the Roth IRA conversion process.
Lifestyle and Local Interest
January 8, 2010
The Metropolitan Opera lands in Traverse City! The newly renovated State Theatre in downtown Traverse City is now the home to the Met. The Metropolitan Opera simulcasts give you an all access pass to the performances as well as some bonus materials that those attending the live event don't get to see. It's done in high definition, and shouldn't be missed. Give it a try - you might be surprised!
January 2, 2010
Michigan is a great state. Thanks to a client that located this video, you get a chance to relive what Michigan was like in the late 40's through this promotional travel video made featuring Michigan's splendor. We recognize that this isn't investment related, but sometimes it just feels good to relive a better time in Michigan's history.
September 22, 2009
The Dennos Museum releases their upcoming performing arts calendar. The Dennos has been host to many of the areas great performing artists!
September 16, 2009
Interlochen releases their 2009/2010 performing arts schedule for the balance of 09 and 2010. As one of the local areas premiere performing arts venues, Interlochen is a great way to spend an evening.
May 19, 2009
Sometimes it's easy to forget that our area has one of the best music venues in the nation. The Interlochen Center for the Arts releases their 2009 season ticket guide. Don't forget to catch the World Youth Symphony Orchestra on Sunday Evenings!
March 1, 2009
Best of the Best! Northwestern Michigan has plenty of great spots to eat. But, taking a cue from those who know, where can you get the best pizza in the north? Take a look.
Commentary and Opinion
January 13, 2010
What are a few of the things that you can do to make your Roth Rollover even more successful? We provide comments concerning some tips and strategies that can improve the proper care and feeding of your newly-converted Roth IRA. This is a big decision for many people, and getting it right the first time is the only way to go.
January 4, 2010
Just imagine if 'average' returns were to come back into vogue for market investors. You would see lower volatility, more consistent returns from asset classes, and happier investors. The shortened 'boom to bust' cycles aren't necessarily the norm, and we don't see this ugly cycle repeating every decade ad infinitum.
September 15, 2009
The assumption is that unless you have millions, your beneficiaries aren't subject to taxation once you pass away. This isn't always the case. We present a simple explanation of the 'how's and why's' behind the complicated maze of the taxation of your financial assets once they pass to beneficiaries.
May 18, 2009
2008 was a difficult year. With rumors of diversification failing for investors, was this truly the case? It was a difficult year for investors, without much doubt, but diversification did prove useful since it kept you from ultimately piling all your financial assets into the worst performing asset class for 2008.
March 12, 2009
With the Madoff situation full front and center, what are the warning signs that investors must be looking for? Old Mission prepares a short list of those items that, when caught, can keep your financial situation from becoming prey to a financial scheme.
March 6, 2009
Understanding the 'mark to market' accounting principles that may be at the heart of the balance sheet valuation process. With financial companies starving for capital, relaxing the mark to market rules may provide a serious solution to this financial problem.