Senior Portfolio Manager
Lee Nysted

About this Advisor

Lee started his career in the securities industry in 1980; becoming registered in 1981.
Lee is a mathematician and has specialized in forecasting the cost of money. (Interest rates.) From the base of Lee’s forecasts, he builds unique models of investing for each person, family, corporation, or political entity.

It is Lee’s belief that as, Einstein put it, “Compound interest is the 8th wonder of the world.” If we know the cost of money and the direction of same, Lee believes we will know the direction of pricing for virtually all assets and commodities in our free world.

Lee has three primary models:

Nysted Design and Calculus of the Foundation Structure

    Taxable fixed income LAN1

The portfolio consists of various fixed income vehicles, not the least of which are individual bonds, preferred shares, exchange listed funds (CEF’s and ETF’s)
Cash flow is a primary driver in this portfolio. The use of zero coupon bonds will be used to assure that future valuations of the portfolio will rise regardless of the direction of interest rates. It is axiomatic that a discount bond matures at par provided that the credit worthiness of same is good to the day of said maturity. The benchmark for this portfolio will vary depending on the design and goals of the client for which the portfolio is designed. I manage duration as an ongoing exercise. This is the most important element in all of my fixed yield asset management.

    Tax exempt fixed income LAN2

Tax exempt bonds notes and zero coupon bonds are used, as well as, exchange listed funds (CEF’s and ETF’s.) Income is paramount as is the ability to buy securities at a discount to par value and NET ASSET VALUE. The benchmark for this portfolio will vary depending on the design and goals of the client for which the portfolio is designed. I manage duration as an ongoing exercise. This is the most important element in all of my fixed yield asset management.

    Equity income LAN3

The foundation of this model comes from a design based on a very simple calculus. I seek companies that have a history of raising their dividends by 10% per year; at least 5% per year over the last 5 years. My current universe of common stocks is approximately 80 companies. The benchmark for this portfolio will vary depending on the design and goals of the client for which the portfolio is designed. I do NOT own companies that do not pay dividends. 70% to 75% of all equity returns for the last 200 years would not exist without dividends.