Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Monday, June 27, 2016

529 Plan horrors........

The trading limitations found in 529 plans are criminal

As I sit here in early summer, knowing that tuition is due soon for so many across the nation it is almost enough to make a grown man cry.

Imagine how many wonderful parents and grandparents who saved and saved and saved for their children and grandchildren and who will need 529 money over the next 50 to 75 days only to see it decimated by this market dislocation.

Think about it.  Read the fine print folks.

Truly criminal in having trading limits on these 529 plans.


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