How many millionaires in Georgia?

The list below (Source: WSJ / Phoenix Marketing International) shows the number of households with at least $1 million to invest per state.  According to the table there are 163,144 millionaires in Georgia, which is down some 7,000 millionaires from 2012. How could we lose 7,000 millionaires when 2013 was clearly a winner for the

Looking for Investment Advice?

A policeman sees a drunk searching for something under a streetlight and asks what he has lost. The man answers he has lost his keys and they both look under the streetlight together. After a few minutes the policeman asks if he is sure he lost them here, and the drunk replies, no, that he

Warren Buffett’s Simple Investing Principles

Being in Omaha, Nebraska the weekend that Warren Buffett published his annual letter to shareholders was a great moment to spend time reading some of his older letters. All are online, at the Berkshire Hathaway website, which is a testament in itself to his ‘no frills‘ culture.  The letters on the website go back to

How Much is Enough for You? A question to discuss with your financial planner

In the last 60 days, two Atlanta companies sold for more than $700 million.  Founders, employees and investors who toiled for years with the hope of a better future realized their dream.  They became financially independent in an instant. But as history has shown us, liquid wealth can create problems. Malcolm Gladwell’s new book David

Are You A Freak?

Matthias Schlitte is probably a name that does not sit on the tip on anyone’s tongue.  That is, unless you are a professional arm wrestler.  Matthias did something most of us would find freakish.  In the world of arm wrestling, the only thing that matters is arm strength.  And since these people wrestle by weight