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.

Tuesday, April 23, 2024

Conservative American Here

Since retiring in 2019 and giving up the day-to-day responsibility of managing OPM, (other people's money) I have concentrated solely on growing my own.  When COVID took over, I roared off to my ranch, sat tight, and traded rather aggressively.  Naturally in tax-qualified accounts, one needn't worry about short-term gains.  These are my 2021 IRA closed transactions while COVID was scaring the world.  As you can see, the returns were far more than the stated % return because the account was only a couple of million, not the total dollar amount traded of eight million which is shown.  

2021 Aggressive Account

As time has passed, I have taken more time to consider the state of the American financial system I have altered my approach to my own financial well-being.  Yes, I still sell call options on stocks.   Yes, I still own passive investments. Yes, I still own real estate and have added to it.  Yes, on occasion, when the charts tell me,  I trade rather aggressively.  Yes, I still own far more stocks than bonds.  Yes, I still own large and small companies.   

One thing is for sure boys and girls.  Deficits matter.  Debt matters and interest on debt matters.  We will have a financial crisis on our hands.   Bonds are rich. Stocks are rich.  The FED honcho's have raised rates by 500 basis points.  They are clueless;  that whole bunch should be shown the door which is my definition of transitory.  They can't knock inflation down and have run out of bullets.

I am not a pessimist. 

America is being governed poorly.  We are headed to a financial disaster. 

Be smart about who you vote for this fall.      


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