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	<title>The Austrian School of Investment Thought</title>
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	<description>Blog of Barnhart Investment Advsory:   austrian economics, money and investing</description>
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		<title>The Austrian School of Investment Thought</title>
		<link>http://barnhartadvisory.wordpress.com</link>
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		<title>BIA Global Strategy Model Portfolio Change</title>
		<link>http://barnhartadvisory.wordpress.com/2012/02/09/bia-global-strategy-model-portfolio-change-33/</link>
		<comments>http://barnhartadvisory.wordpress.com/2012/02/09/bia-global-strategy-model-portfolio-change-33/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 17:13:08 +0000</pubDate>
		<dc:creator>Ted Barnhart</dc:creator>
				<category><![CDATA[BIA Portfolio Updates]]></category>
		<category><![CDATA[Global Strategy Model Portfolio]]></category>
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		<guid isPermaLink="false">http://barnhartadvisory.wordpress.com/?p=952</guid>
		<description><![CDATA[The BIA Global Strategy Model Portfolio has added to the position in the ProsShares Ultra VIX Short-term Futures ETF (UVXY) .   An additional 1.5%  position of UVXY was added  at a cost of 5.95. The total position currently represents about 4.2% of the  model portfolio with an average cost of 5.70     Click &#8230; <a href="http://barnhartadvisory.wordpress.com/2012/02/09/bia-global-strategy-model-portfolio-change-33/">Continue reading <span class="meta-nav">&#187;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=barnhartadvisory.wordpress.com&amp;blog=15637340&amp;post=952&amp;subd=barnhartadvisory&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>BIA Global Strategy Model Portfolio Change</title>
		<link>http://barnhartadvisory.wordpress.com/2012/02/08/bia-global-strategy-model-portfolio-change-32/</link>
		<comments>http://barnhartadvisory.wordpress.com/2012/02/08/bia-global-strategy-model-portfolio-change-32/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 16:15:30 +0000</pubDate>
		<dc:creator>Ted Barnhart</dc:creator>
				<category><![CDATA[BIA Portfolio Updates]]></category>
		<category><![CDATA[Global Strategy Model Portfolio]]></category>
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		<guid isPermaLink="false">http://barnhartadvisory.wordpress.com/?p=948</guid>
		<description><![CDATA[The BIA Global Strategy Model Portfolio has added a 2.5%  position in the ProShares Ultra VIX Short-Term Futures ETF (UVXY) at a cost of 5.54.     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 &#8230; <a href="http://barnhartadvisory.wordpress.com/2012/02/08/bia-global-strategy-model-portfolio-change-32/">Continue reading <span class="meta-nav">&#187;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=barnhartadvisory.wordpress.com&amp;blog=15637340&amp;post=948&amp;subd=barnhartadvisory&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>BIA Global Strategy Model Portfolio Change</title>
		<link>http://barnhartadvisory.wordpress.com/2012/02/02/bia-global-strategy-model-portfolio-change-31/</link>
		<comments>http://barnhartadvisory.wordpress.com/2012/02/02/bia-global-strategy-model-portfolio-change-31/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 15:42:11 +0000</pubDate>
		<dc:creator>Ted Barnhart</dc:creator>
				<category><![CDATA[BIA Portfolio Updates]]></category>
		<category><![CDATA[Global Strategy Model Portfolio]]></category>
		<category><![CDATA[Biotechs]]></category>
		<category><![CDATA[IBB]]></category>
		<category><![CDATA[IHE]]></category>
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		<category><![CDATA[Pharmaceuticals]]></category>

		<guid isPermaLink="false">http://barnhartadvisory.wordpress.com/?p=926</guid>
		<description><![CDATA[The BIA Global Strategy Model Portfolio has added a 10% position in: IHE the iShares Dow Jones U.S. Pharmaceuticals Index ETF at a cost of 78.77. The BIA Global Strategy Model Portfolio has added a 10% position  in: IBB the iShares Nasdaq Biotechnology Index fund at a cost of 119.51.    Click here to request &#8230; <a href="http://barnhartadvisory.wordpress.com/2012/02/02/bia-global-strategy-model-portfolio-change-31/">Continue reading <span class="meta-nav">&#187;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=barnhartadvisory.wordpress.com&amp;blog=15637340&amp;post=926&amp;subd=barnhartadvisory&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>BIA Model Portfolio Reports December 2011</title>
		<link>http://barnhartadvisory.wordpress.com/2012/01/26/bia-model-portfolio-reports-december-2011/</link>
		<comments>http://barnhartadvisory.wordpress.com/2012/01/26/bia-model-portfolio-reports-december-2011/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 17:17:06 +0000</pubDate>
		<dc:creator>Ted Barnhart</dc:creator>
				<category><![CDATA[BIA Portfolio Updates]]></category>
		<category><![CDATA[Core Wealth Allocation Model Portfolio]]></category>
		<category><![CDATA[Global Strategy Model Portfolio]]></category>
		<category><![CDATA[BIA Core Wealth Allocation]]></category>
		<category><![CDATA[BIA Global Strategy]]></category>
		<category><![CDATA[BIA Model Portfolios]]></category>
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		<guid isPermaLink="false">http://barnhartadvisory.wordpress.com/?p=913</guid>
		<description><![CDATA[Performance and holding information for BIA Model Portfolios, which serve as the basis for BIA separately managed accounts. Performance and Holding Reports for December 2011 available at links below: Reports BIA Core Wealth Allocation 2011Q4 Dec &#160; Reports BIA Global Strategy Model Portfolio Q42011Dec &#160; &#160; Click here to request a proposal from Barnhart Investment &#8230; <a href="http://barnhartadvisory.wordpress.com/2012/01/26/bia-model-portfolio-reports-december-2011/">Continue reading <span class="meta-nav">&#187;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=barnhartadvisory.wordpress.com&amp;blog=15637340&amp;post=913&amp;subd=barnhartadvisory&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Yield Shopping: The Most Expensive Shopping You&#8217;ll Ever Do</title>
		<link>http://barnhartadvisory.wordpress.com/2011/12/08/yield-shopping-the-most-expensive-shopping-youll-ever-do/</link>
		<comments>http://barnhartadvisory.wordpress.com/2011/12/08/yield-shopping-the-most-expensive-shopping-youll-ever-do/#comments</comments>
		<pubDate>Thu, 08 Dec 2011 16:20:34 +0000</pubDate>
		<dc:creator>Ted Barnhart</dc:creator>
				<category><![CDATA["Austrian" Investment Themes]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[current yield]]></category>
		<category><![CDATA[fixed income]]></category>
		<category><![CDATA[income investing]]></category>
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		<guid isPermaLink="false">http://barnhartadvisory.wordpress.com/?p=902</guid>
		<description><![CDATA[In an environment of what seems to be perpetually low interest rates, what is an investor looking for income to do? A recent cover story in Barron’s Magazine “How to Get Safe Annual Payouts of 7%”  illustrates some of  today’s challenges in the fixed income world. The article offers that “yields of 5% and 7% &#8230; <a href="http://barnhartadvisory.wordpress.com/2011/12/08/yield-shopping-the-most-expensive-shopping-youll-ever-do/">Continue reading <span class="meta-nav">&#187;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=barnhartadvisory.wordpress.com&amp;blog=15637340&amp;post=902&amp;subd=barnhartadvisory&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>When J. Kyle Bass Talks&#8230;People Listen</title>
		<link>http://barnhartadvisory.wordpress.com/2011/12/06/when-j-kyle-bass-speaks-people-listen/</link>
		<comments>http://barnhartadvisory.wordpress.com/2011/12/06/when-j-kyle-bass-speaks-people-listen/#comments</comments>
		<pubDate>Tue, 06 Dec 2011 19:56:42 +0000</pubDate>
		<dc:creator>Ted Barnhart</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[debt crisis]]></category>
		<category><![CDATA[kyle bass]]></category>
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		<guid isPermaLink="false">http://barnhartadvisory.wordpress.com/?p=888</guid>
		<description><![CDATA[Those of us playing in the over forty league, no doubt remember the iconic commercials from the 70’s for brokerage firm E.F. Hutton.  Two executives discussing the stock market, as the world goes on around them.  Invariably one of them delivers the payoff line:  “My broker is E.F. Hutton, and E.F. Hutton says…” at which &#8230; <a href="http://barnhartadvisory.wordpress.com/2011/12/06/when-j-kyle-bass-speaks-people-listen/">Continue reading <span class="meta-nav">&#187;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=barnhartadvisory.wordpress.com&amp;blog=15637340&amp;post=888&amp;subd=barnhartadvisory&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>When Everyone Has Bad Credit&#8230;</title>
		<link>http://barnhartadvisory.wordpress.com/2011/12/02/when-everyone-has-bad-credit/</link>
		<comments>http://barnhartadvisory.wordpress.com/2011/12/02/when-everyone-has-bad-credit/#comments</comments>
		<pubDate>Fri, 02 Dec 2011 15:19:23 +0000</pubDate>
		<dc:creator>Ted Barnhart</dc:creator>
				<category><![CDATA[Commentary and Opinion]]></category>
		<category><![CDATA[austrian school economics]]></category>
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		<category><![CDATA[debt crisis]]></category>
		<category><![CDATA[credit crisis]]></category>

		<guid isPermaLink="false">http://barnhartadvisory.wordpress.com/?p=879</guid>
		<description><![CDATA[I&#8217;ll give them heroics. I&#8217;ll give them the most spectacular heroics they&#8217;ve ever seen! And when I&#8217;m old and I&#8217;ve had my fun, I&#8217;ll sell my inventions so everyone can be superheroes! Everyone can be super! And when everyone&#8217;s super, [laughs maniacally] no-one will be.                                 &#8230; <a href="http://barnhartadvisory.wordpress.com/2011/12/02/when-everyone-has-bad-credit/">Continue reading <span class="meta-nav">&#187;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=barnhartadvisory.wordpress.com&amp;blog=15637340&amp;post=879&amp;subd=barnhartadvisory&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>2</slash:comments>
	
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		<title>Tax Gain Harvesting?</title>
		<link>http://barnhartadvisory.wordpress.com/2011/12/01/tax-gain-harvesting/</link>
		<comments>http://barnhartadvisory.wordpress.com/2011/12/01/tax-gain-harvesting/#comments</comments>
		<pubDate>Thu, 01 Dec 2011 16:35:43 +0000</pubDate>
		<dc:creator>Ted Barnhart</dc:creator>
				<category><![CDATA["Austrian" Investment Themes]]></category>
		<category><![CDATA[Uncategorized]]></category>
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		<category><![CDATA[tax loss harvesting]]></category>

		<guid isPermaLink="false">http://barnhartadvisory.wordpress.com/?p=869</guid>
		<description><![CDATA[In an earlier post, I discussed the potential drawbacks of the annual investor rite of passage know as Tax Loss Harvesting. I am sure many people would politely disagree with such thinking.  That same group of people would thus surely think I have completely lost my mind when I suggest the next topic:  The idea &#8230; <a href="http://barnhartadvisory.wordpress.com/2011/12/01/tax-gain-harvesting/">Continue reading <span class="meta-nav">&#187;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=barnhartadvisory.wordpress.com&amp;blog=15637340&amp;post=869&amp;subd=barnhartadvisory&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>2</slash:comments>
	
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		<title>A Second Opinion on Tax Loss Harvesting</title>
		<link>http://barnhartadvisory.wordpress.com/2011/11/02/a-second-opinion-on-tax-loss-harvesting/</link>
		<comments>http://barnhartadvisory.wordpress.com/2011/11/02/a-second-opinion-on-tax-loss-harvesting/#comments</comments>
		<pubDate>Wed, 02 Nov 2011 16:01:46 +0000</pubDate>
		<dc:creator>Ted Barnhart</dc:creator>
				<category><![CDATA["Austrian" Investment Themes]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[tax loss harvesting]]></category>

		<guid isPermaLink="false">http://barnhartadvisory.wordpress.com/?p=864</guid>
		<description><![CDATA[General investment wisdom holds that the fourth quarter is the time to start looking at realizing investment losses, so as to offset realized gains in an effort to lower the current year tax burden. The problem with this practice is that it is possible to actually increase your long term tax burden by engaging in &#8230; <a href="http://barnhartadvisory.wordpress.com/2011/11/02/a-second-opinion-on-tax-loss-harvesting/">Continue reading <span class="meta-nav">&#187;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=barnhartadvisory.wordpress.com&amp;blog=15637340&amp;post=864&amp;subd=barnhartadvisory&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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		<title>BIA Model Portfolio Reports and Commentary &#8211; September 2011</title>
		<link>http://barnhartadvisory.wordpress.com/2011/10/19/bia-model-portfolio-reports-and-commentary-september-2011/</link>
		<comments>http://barnhartadvisory.wordpress.com/2011/10/19/bia-model-portfolio-reports-and-commentary-september-2011/#comments</comments>
		<pubDate>Wed, 19 Oct 2011 21:12:29 +0000</pubDate>
		<dc:creator>Ted Barnhart</dc:creator>
				<category><![CDATA[BIA Portfolio Updates]]></category>
		<category><![CDATA[Core Wealth Allocation Model Portfolio]]></category>
		<category><![CDATA[Global Strategy Model Portfolio]]></category>
		<category><![CDATA[BIA Core Wealth Allocation]]></category>
		<category><![CDATA[BIA Global Strategy]]></category>
		<category><![CDATA[BIA Model Portfolios]]></category>
		<category><![CDATA[linkedin]]></category>

		<guid isPermaLink="false">http://barnhartadvisory.wordpress.com/?p=830</guid>
		<description><![CDATA[BIA Model Portfolios serve as the basis for BIA separately managed accounts. Performance and Holding Reports for September 2011 available at links below: BIA Report Core Wealth Allocation 2011Q3 Sep BIA Report Global Strategy Q32011 Sep Model Portfolio Commentary Core Wealth Allocation Model Portfolio For the third quarter 2011 the BIA Core Wealth Allocation Model &#8230; <a href="http://barnhartadvisory.wordpress.com/2011/10/19/bia-model-portfolio-reports-and-commentary-september-2011/">Continue reading <span class="meta-nav">&#187;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=barnhartadvisory.wordpress.com&amp;blog=15637340&amp;post=830&amp;subd=barnhartadvisory&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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