Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory

Money Is a Tool - Use It Wisely

Your Goal Is Not To Die With the Highest Net Worth Possible, It Is To Maximize The Utility of Your Family’s Money

Saving money is important.  Investing money is important.  But if you don’t cash in some chips at some point in your life, all of your efforts will have been wasted because those claim checks on society will be taken by the government, spent by your heirs, or redistributed through fees and expenses by professionals such as attorneys left to sort out the inevitable lawsuits that result in the fight over your fortune after you’re gone.

Read more
Legend of Zelda Red Ring

The Red Ring Problem – Getting Rich Too Late in Life

his article deals with people who want to be rich.  Not just financially independent or reasonably well-off, but actually rich relative to the average American; the folks who want to be able to write a check for a Lexus or live in a nice house, in a neighborhood with great schools, without worrying about it, while watching their net worth climb year after year, decade after decade.  The strategy involved for that type of success is slightly different in that it requires you to often build off a foundation that I call your primary economic engine.  But I’m getting ahead of myself …

Read more
Top 1 Percent of Net Worth and Wealth in the United States of America

How Much Money Does It Take To Be In The Top 1% of Wealth and Net Worth in the United States

What does it take to be in the top 1% of wealth in the United States? Many of you write me and ask that question, hoping someday to make it into the top 1% of net worth but not sure where that line gets drawn. I thought it might be useful to provide a reference to which I could point people in the future whenever they write, as well as make for some interesting afternoon reading for those of you who are curious about the nature of the economic world in which we live.

Read more

Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory