I was born in 1970 and can remember watching basketball with my dad starting in 1974. Dad loved Jerry West because he was from West Virginia, just like we were, and Jerry was my first favorite basketball player. When we moved to Atlanta, I became a big Dan Roundfield fan. I thought his knee braces and wristbands were so cool. As I got older and started to play basketball, I learned I had to be scrappy and play with a lot of attitude to win the respect of my teammates. So, I soon grew to love Danny Ainge because he did not take crap from anybody! Then, like most kids my age, Michael Jordan was, and still is to me, the best of all time! Len Bias was also my favorite college player during this time, and his death affected me greatly. My all-time favorite Georgia Basketball player was the great Willie Anderson. My most recent favorite player was Nicolas Claxton. Last August, I noticed my son, a senior at Gainesville High School, started playing basketball with his friends. This was odd because he had never wanted to play basketball as… Read More
It is the first working day in January, and every business is at zero: zero sales, zero expenses, and zero profits. So, will we have a better, another record-setting year? What is the likelihood? A few things have not changed; we are all working to improve the outcomes of our clients and customers, and in doing so, increase our enterprises’ value. Our friends at Dow Jones Indices, publisher of earnings and other financial metrics for the S&P 500, estimate that earnings should grow about 9% over last year. If the estimate holds, we’ll see in a couple of quarters; the result would be remarkable in the face of higher material, labor, logistics, and borrowing costs. “History doesn’t repeat itself, but it often rhymes.” As you may know, this quote is attributed to Mark Twain: In our last newsletter, we commented on Alan Greenspan’s “Irrational Exuberance” speech in 1996, referencing the high-flying tech companies of those days. In our previous newsletter, we brought to your attention several examples of outsized valuations on a variety of asset classes; real estate, art collectibles, cars, and some meme stocks. As inflation accelerates, you may even recollect the 1970’s “Stagflation,” a term coined by Iain… Read More
Does anyone remember the dot.com bust? Does anyone remember; Webvan, Boo.com, or Worldcom? Do you remember the wild Initial Public Offerings (IPO) of the dot-com companies – companies which by going public raised millions of dollars but never showed a profit? Do you remember folks quitting their jobs to day-trade in “the market”? Does anyone remember the media hype associated with financial markets during that era? And, does anyone remember how it ended? In a 1996 speech, Alan Greenspan, the then chair of the Open Market Committee of the Federal Reserve Board, referred to the dot-com phenomenon as “Irrational Exuberance.” Speculation is the act of making a relatively risky investment in the hope of making a sizeable short-term profit from price fluctuations; house-flipping, day-trading, cyber currencies, anyone? Investing, on the other hand, requires a commitment to an outcome. It may be owning and developing an enterprise. It may be buying the public stock of a business that increases its dividends regularly. It often requires patience and a long-term outlook – letting the company employees work for the owner (investor) every day to provide value to customers. The likely outcome being a consistent dividend stream resulting in increased wealth. Andy Kessler… Read More
Congratulations to Mia Viera Lilly! She graduated from Gainesville High School. Mia will be attending Georgia Southern in the Fall, and we all could not be prouder of her! The Lilly’s. Mia and Anne Michele Lilly. “Mom.” Mia and Anne Mclemore. “Grammy.” Mia and John Namon Lilly II. “Zeke” and “Popey” Mia and Dad. Or most of the time “DAD!!!!!!” A very proud dad and his wonderful daughter!
https://accesswdun.com/article/2021/5/1006487/gainesville-high-awards-three-honorary-diplomas
We enjoy being a part of this community and are thankful that we can contribute to our community through volunteerism, donations and company sponsorships. We have partnered with the following non-profit organizations this year. Court Appointed Special Advocates (CASA) Gainesville Ballet Gainesville High School Athletics Gateway Domestic Violence Center Elachee Nature Center Junior Achievement Kiwanis Club of Gainesville Lakeview Academy Northeast Georgia Medical Center Quinlan Visual Arts Center Rotary Club of Gainesville The Arts Council WomenSource We look forward to positively impacting our community again next year. As most of you know, our mission is: We strive to make things better everyday for our family, friends, clients & community. Happy New Year! Windsor Wealth Planners & Strategists A Dominguez & Jones Company
We have some exciting news to share with you. We’ve changed the name of our firm to Windsor Wealth Planners & Strategists. Most importantly, the name change does not alter our relationship with Raymond James, nor does it represent a change in ownership: Christina, John, and Carlos are the partners and owners of our firm. Our name change is simply the next step in the natural progression of our company. From the beginning, we never intended for our name to be The Dominguez & Jones Wealth Management Group. When we developed our team approach to serving your needs, our previous employer required using the names of the two founding producing partners. When John Lilly joined our group, we all determined that adding his name to the signature did not represent to our clients what we do any more than Dominguez or Jones. The search began for a name that would be attractive and agreeable to other financial advisors as they consider joining our group. Having partners’ names on the marquee, we surmised, could represent a potential negative to the advisor’s clients. We wanted to eliminate the question, as it was of John, “when is your name going to be added… Read More
The word hero gets thrown out a lot in our society, and it can mean different things to different people. The meaning has for sure changed for me since I was a younger man, and so have the people that I call a hero. Please, allow me to explain: The first hero for me that I remember was Pete Rose in 1975. The Cincinnati Reds won the World Series, and Pete Rose was the MVP. I watched the games with my dad, who yelled at the TV just like I do now. Then, around 1977, my dad got me into wraslin! Not wrestling, but wraslin, the kind where they can stomp on your neck and not kill you type. Mr. Wrestler II became my hero. Boy, did I love that guy as a kid. Well, still do! At the same time, Scott Woerner was a superstar for the UGA football team. He came from my high school, Jonesboro, where my dad was a principal. In 1978 Scott was back to return a punt against the bumblebees from Georgia Tech. He called for a fair catch, but they hit him anyway. He was bleeding, and when I saw that,… Read More