Boomfish Wealth Group, LLC
(678) 278-9632
12600 Deerfield Parkway Suite 100
Alpharetta, GA, 30004
U.S.A

You Don’t Have to Feel the Sting of Regret

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unnamed (12)As the war was coming to an end in the epic Steven Spielberg classic, Schindler’s List, Oskar Schindler, beautifully played by Liam Neeson, lamented to Itzhak Stern on his regret at not being able to add even more names to his list of those he had been able to save. “I could have got more. I could have got more, I don’t know. If I just… I could have got more… If I had made more money… I didn’t do enough.”

Schindler saved over a thousand people’s lives, but he still felt the sting of regret at not being able to save more.

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Is Immortality Possible?

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Leonard Jones believed he was immortal. A would-be American politician in the early 1800s, Jones ran for Presidentunnamed (11) multiple times, hailing his “immortality” as his platform. According to Jones, mortality was a side effect of immorality, and anyone could achieve immortality through a regimen of prayer and fasting. Ironically, Jones died of a bad case of pneumonia at the young age (at least for an immortal) of 71.

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Do You Have a “Hall of Fame” Focus?

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unnamed (10)Ted Williams may have been the most focused hitter to ever play major league baseball. His .344 career batting average and 521 home runs prove that the precise strategy he used to predict what pitch might come next and the precision he brought to the plate clearly worked for him. He was also the last player to ever hit .400 for a full season, finishing up at .406 after going 6-for-8 in a season-ending doubleheader—games he decided to play even though sitting out would have protected his exact .400 average.

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Good Deals Gone Wrong

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unnamed (9)If someone were to offer you a “brand new” iPhone for $50, would you take it? What about $30 for a “genuine” Louis Vuitton purse? Maybe you’d jump on a chance to get an “authentic” Rolex for $20? You could take these deals and be happy—that is, as long as you understand that you’re not getting the real thing.

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Failing Forward into Success

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unnamed (8)Thomas Edison was both hearing impaired and fidgety. He only lasted three months in school where his teachers said he was “too stupid to learn anything.” He was eventually homeschooled by his mom. In talking about his invention of the light bulb, he said, “I have not failed. I’ve just found 10,000 ways that do not work.” Some may have looked at his earlier life and thought, “What a failure.” But no one in his or her right mind could ever call Edison a failure today—not even close.

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Freedom Leads to Purpose

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Frederick Douglass, African-American social reformer, abolitionist, orator, writer, and statesman, knew what freedom meant tounnamed (7) him. He escaped from slavery in 1838 with the help of Anna Murray, a woman who later became his wife. After his escape, he became a leader for the Freedom Movement, which would help free other slaves. In the later part of his life, Douglass became a U.S. minister who helped slaves in Haiti; he was the first black man to hold such a high position in the government.

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Are You Quenched?

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Did you know that you could die from drinking too much water? It’s hard to fathom, butunnamed the very liquid of existence—our life-sustaining fluid—can be fatal if ingested in large amounts over a short period of time. It’s a condition called, hyponatremia, in which the level of salt in your blood drops too low, and it can be fatal if left untreated.

And so it seems that too much of something (anything, really) can eventually be a bad thing. In economics, this is known as the Law of Diminishing Returns, which in essence states that too much of something will eventually lead to reduced production.

We all know this, and yet we somehow don’t think it applies to us. Over the years, I’ve seen countless clients reach a point in their businesses where they can say, “I’ve met and exceeded my dreams.” And yet they keep on. Why do they do that?

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If Only Macbeth Had Waited

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Shakespeare’s Macbeth is a power literary character. More than his memorable lines (“Out, out, damn spot!”), he is a perfect example of a person whose success led him to a tragic ending.
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Cautionary Tales from the World of the NFL

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Now that football season is in full swing, it seems fitting to share a cautionary tale from the world of the NFL, and more specifically ofunnamed (6) the late, great Joe Robbie, the first owner of the Miami Dolphins. Following his death in 1990, here is how aBusinessweek article began:

“In November, 1989, two months before his death, Joe Robbie, owner of the Miami Dolphins, moved to keep the National Football League team in the Robbie family ‘for at least the next generation.’ He established a trust whose primary asset was two partnerships that together owned an 88% stake in the Dolphins. When Robbie died on Jan. 7, 1990, at the age of 73, his family’s control of the club seemed secure.

“But now, the family is locked in a feud that pits three of Robbie’s nine children against six siblings and their mother, Elizabeth. The dispute could force the sale of a sizable share of the Dolphins, one of the most valuable franchises in sports.”

What happened? Joe Robbie was a litigating attorney as well as a business owner. You’d think with all that legal and business experience, he would have been able to structure his estate in a way that benefited and blessed his family rather than left them in a bitter feud. Mr. Robbie, it seemed, had made a fatal error: He didn’t ask the right questions. And the consequence was that “the structure of the trust and rest of the estate made conflict all but inevitable.”

Now think about your life. When you started out, you knew where you wanted to go. You had a plan and you lived that plan successfully. You still need a plan—but now it’s a different kind. You need a plan for your life and wealth. Now it’s your task find the right people who can help guide you toward that purpose and get you asking the RIGHT questions. So, what’s your next move?

Wealth is more than money. Don’t just plan for your future, live it right now. Pass it on and share the insights like this that you find valuable

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QUOTE
“Most people spend more time and energy going around problems than in trying to solve them.”

– Henry Ford

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Lessons From Spiderman

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In their final conversation before his death, Uncle Ben tells his nephew, Peter Parker (Spiderman’s alter ego) that “with great power comes great unnamed (5)responsibility.” Little did Peter know that a few hours later, the same burglar he had let go would end up murdering his beloved uncle.

In today’s society—with the prevalence and importance we place on superheroes—it seems fitting that this lesson comes from a Marvel comic. But it also begs another question: Who are the real superheroes in this life? The answer certainly isn’t mysterious men and women in masks and capes.

The answer is actually… you. Or at least it should be.

Because you are wealthy, you DO have a great responsibility. Those who are capable of helping the less fortunate have a duty to do so—and that usually means with money. You’re in possession of a great deal of resources and you’re responsible for them when you’re here on earth. You can’t take those things with you; but they’re yours to manage while you are here.

You can be a superhero to someone in this life—and it won’t require any leaps from tall buildings.Before you leave this world, you have the opportunity—and the responsibility—to make thoughtful and thorough decisions about where and how your wealth will make an impact and have real purpose.

When was the last time your advisor asked you about your deeper purpose? If the answer is “never” then it’s time to get a new advisor. Good Wealth Planning is about finding a significant life purpose in action.

Wealth is more than money. Don’t just plan for your future, live it right now. Pass it on and share the insights like this that you find valuable.

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QUOTE
“Non nobis solum nati sumus. (Not for ourselves alone are we born.)”

– Cicero

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