Investors
Welcome,
Today’s Wall Street Journal headline (9/21/21), “Stocks Record Biggest Slump Since Spring,” was precisely why Lions Mane Financial was founded. I am constantly reminded why my enlisted Army father of some 28 years emphasized his sons go to college and begin working. I was ten years old. Every paper route dime, cutting of the grass, or shoveling driveways and sidewalks went into a “Passbook Savings Plan,” paying some 7.5% in 1964. It was not the college lesson he wanted me to learn. Instead, he stressed putting some of your money where the interest and risk are more manageable.
Fast forward to almost a decade ago when several Air Force Fighter Pilots in Afghanistan received stay-in bonuses of sizable magnitude. They invested in a “Passbook Savings Plan” and received almost zero percent (averaged 0.07-0.17%). On a $100,000 investment, that equated to $100 per year. A call that day from my son, a Fighter Pilot, and his colleagues telling me we could do better became the foundation of our company today.
Respectfully,
Mark P. Andreotta
PRESIDENT, CEO AND FOUNDER
Investors
Welcome,
Today’s Wall Street Journal headline (9/21/21), “Stocks Record Biggest Slump Since Spring,” was precisely why Lions Mane Financial was founded. I am constantly reminded why my enlisted Army father of some 28 years emphasized his sons go to college and begin working. I was ten years old. Every paper route dime, cutting of the grass, or shoveling driveways and sidewalks went into a “Passbook Savings Plan,” paying some 7.5% in 1964. It was not the college lesson he wanted me to learn. Instead, he stressed putting some of your money where the interest and risk are more manageable.
Fast forward to almost a decade ago when several Air Force Fighter Pilots in Afghanistan received stay-in bonuses of sizable magnitude. They invested in a “Passbook Savings Plan” and received almost zero percent (averaged 0.07-0.17%). On a $100,000 investment, that equated to $100 per year. A call that day from my son, a Fighter Pilot, and his colleagues telling me we could do better became the foundation of our company today.
Respectfully,