The Monkees most lucrative venture the three had ever seen in their days as the Monkees, far surpassing the money they had made in the 1960s. Nesmith had little financial need to join in Monkees-related projects, mostly as his mother Bette Nesmith Graham was the inventor of Liquid Paper, leaving Nesmith an inheritance of over $25 million upon her death in 1980. A new album by the touring trio, "Pool It!" (the Monkees' tenth), appeared the following year and was a moderate success. From 1986 to 1989, the Monkees would conduct major concert tours in the United States, Australia, Japan, and Europe.
Magnetic South (album) bonus tracks. It was also reissued with "Loose Salute" (both remastered) on CD by RCA/BMG International in 2000. "Magnetic South" didn’t set the world on fire commercially, but did succeed in reinventing Nesmith and helping him escape from his image as a Monkee. During one of the band's first gigs, they played alongside Gram Parsons and the brand new, Flying Burrito Brothers. Nesmith recalls how others seeing a former Monkee decked out in a Nudie suit with a steel player in tow must have been laughable to seasoned Country devotees, such as Parsons. However, their unique sound was enough to