Wednesday, March 09, 2016

America's mixed up interest..........

In 2016 the official poverty level income for a 2 person family is $15,930.

To make that much money from risk-free "savings" ie banks are paying interest of around .15%.

You would need to have $10,620,000 in your bank account at that interest rate to make $15,930 every year.

Something isn't right and it is clear to me that those who represent me (and you) don't care what is happening to America in retirement.

The beatings will continue.  Maybe the morale will get worse before it gets better.

I hope so.  It will make for a better fight.

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CHIPPEWA PARTNERS, Native American Advisors, Inc. is a Registered Investment Advisor, founded by Dean Thomas Parisian in 1995. The firm is a manager to an exclusive clientele and is closed to new clients. As a Registered Investment Advisor, our expertise developed over 35 years balances experience, integrity and tremendous work ethic. Dean Parisian is a member at the White Earth Reservation of the Minnesota Chippewa Tribe, a former NYSE and FINRA arbitrator and trader who began his career with Kidder Peabody and later worked for Drexel Burnham Lambert in LaJolla, CA. His philanthropic interest is in Native American education and he's endowed a significant scholarship for Native Americans at the University of Minnesota. His greatest accomplishment includes raising two sons and 26 years of marriage. The Parisian family enjoys outdoor pursuits at Pamelot, their farm in Tennessee and at the Ghost Ranch, their ranch on the Yellowstone River in Montana. For media requests contact the firm via email: ChippewaPartners (at) gmail dot com, on Twitter: @DeanParisian. Global 404-202-8173