These investment funds have had perfect decades

Reuters/Mike Blake

Former NBA All-Star Slam dunk champions Michael Jordan (L) and Julius Erving hold up their scores while judging the NBA All-Star slam dunk.

Funds with a perfect decade (Financial Planning)

Fixed income has been a great place to invest. Financial Planning highlighted 10 funds that have gained ground during each and every year of the past decade. Heading the list is Pimco's Fixed Income Shares C fund, which has returned 10.54% since 2006 and has $1.675 billion in assets. Next, the BTS Tactical Fixed Income A fund has returned 8.51% and has just $167 million AUM. Rounding out the top three is the TCW Total Return Bond I, returning 7.04% with $8.741 billion AUM. The rest of the list of 10 can be found in the link above.

Advisors worried about clients becoming too active (Financial Advisor)

A survey conducted by Natixis Global Asset Management found advisors don't think their clients should make too many changes to their portfolios as they await potential Fed rate hikes. "We've been expecting higher rates for a long time and, for some investors, anxiety is high," John Hailer, chief executive officer for Natixis Global Asset Management in the Americas and Asia, told Financial Advisor. "They might find it difficult to resist changing their investment portfolios. We've often found that unguided, emotional investment decisions don't work out as intended." Additionally, the survey discovered 77% of advisors believe their clients should look into alternative investments instead of using the traditional 60% stocks/40% bonds split that many have become accustom to.

A crazy investment scheme might solve a retirees problems (Business Insider)

Tontines are an investment pool you pay into and receive money back over time, sort of like an annuity. When someone dies, the pool stays the same size, causing your regular payment to rise. The vehicle was popular in the 1600s, but are not legal today. However, if it were legal, it might solve some of the retirement questions facing Americans today. Moshe Milevsky, an associate professor of finance at York University in Toronto, told the Washington Post's Jeff Guo, "This might be the iPhone of retirement products."

UBS fined over Puerto Rico funds (Investment News)

UBS Wealth Management Americas has agreed to pay a combined $34 million to the Securities and Exchange Commission and Financial Industry Regulatory Authority to settle allegations related to its sale of Puerto Rican municipal bond funds. According to Investment News, the investment bank will pay FINRA $18.5 million for "supervisory failures related to the funds." Additionally, UBS will pay the SEC $15 million to settle allegations a former broker told clients to borrow millions of dollars against their accounts to buy shares of close-end Puerto Rico funds. UBS did not admit nor deny wrong doing in either case.

Most credit card holders don't have the new technology (CreditCards.com)

Credit card companies are going to miss their self-imposed deadline to have all cardholders in possession of chip-enabled cards by October 1. The new technology is designed to reduce the chance of card fraud. According to data obtained by CreditCards.com, 32% of credit/debit cardholders have the new chip-enabled cards, and income is a factor as to who has been included/excluded. The data shows 49% of those making at least $75,000 have the new cards while only 21% of those making less than $30,000 have one in their possession.