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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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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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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What Does Your Planning Sound Like?

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Few of us can forget that scene (and that voice) from the iconic 1980s movie, Ferris Bueller’s Day Off, when actor Ben Stein gives the world’s most boring economics class lecture and follows each point with his monotone, “Anyone? Anyone?”unnamed (3)

To me, it seems like most of today’s estate planning is as exciting as that sleep-inducing economics lecture. Why does estate planning seem so dry and impersonal? Does it have to be like that?

 

“Anyone? Anyone?” [Read more…]

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Don’t Settle for Typical

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When it comes to your personal life, do you settle for typical? Or do you strive for more?

And do you follow your head AND your heart?

The word “typical” doesn’t always have a negative connotation. But when it comes to wealth planning, typical is far from desirable. A typical session with an estate planner using a traditional approach will be about the planning techniques with which that planner is most familiar. The conversation unfolds in a way that makes the advisor look smart, as he talks extensively about advanced planning and uses plenty of terms you can’t remember (or even pronounce).

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The Cure For What Ails You

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If your go-to cardiologist says you have heart disease, and you take the medicine he prescribes but still have symptoms, what would you do? Do you think you’d return to that same doctor over and over again for the same prescription?

How many times will you go to the same person while you continue to have the same symptoms?

If you’re told you need heart surgery, or even a heart transplant, won’t you seek out a specialist? When my dad was told he needed a heart transplant, we sought the best surgeon in that specialty.

In wealth planning, when you still have concerns, questions, uncertainties, and worries, what are you going to do?

Wealth planning is a life-and-death issue.

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Who’s On Your Team?

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When you were in school, chances are you were on some sort of sports team. Teams are an integral part of life, from childhood and on into the unnamed (2)rest of our lives. Results are bigger and better with a team. Michael Jordan couldn’t win a championship without a team. And Tiger Woods couldn’t win majors without a coach and a team of advisors.

Little league players know it, “mom and pop” operations know it, and Fortune 500 companies know it—you can trust team members to have your best interests at heart. Even your family is also a kind of team!

Now, let me ask you this: Who is the team member bringing together the legal, financial, tax, business, and retirement opportunities?

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