Every day the Merrill Lynch bull runs across the screen on CNBC. They tell the world how to invest and why the world should invest with them. Investing with a firm that has eradicated billions and billions of shareholder wealth isn't a bright idea. They have shown the world they can't manage their own finances.
They need to make that money up somewhere and they will make it up alright. Every day the firm seems to be writing down more assets. They have diluted existing shareholders to the tune of 615,000,000 shares, to the point they have little opportunity to make up any earnings shortfalls in the near term.
They will make it up in the hidden commissions and fees from the legions of investors who use the brokers for buying or selling their investments. Brokers are not fiduciaries.
Invest at your own peril.
Native American Advisors, Inc.
- Dean Parisian
- CHIPPEWA PARTNERS is a Registered Investment Advisor and provides investment management to private investors, retirement plans and Native American tribal entities. Founded in 1995 as a fee-only money manager we are about doing the right things the right way and our expertise developed over 25 years balances financial acumen with absolute integrity. Dean Parisian is a former NASD and NYSE arbitrator and very successful trader who started his career on Wall Street in 1982 with Kidder Peabody and then with Drexel Burnham Lambert. The firm is a Life Member of the National Congress of American Indians and adheres to fiduciary standards. As a private, unbiased firm we know what to do and are prepared to do it. We invite your inquiry to manage your assets. ChippewaPartners@aol.com. Office: 877-772-1621 www.chippewapartners.com
Monday, August 04, 2008
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