Thoughts From the Finance Factory

Financial Planning in the Shark Tank

I really like to watch the TV show Shark Tank. It is amazing to watch the “American Dream” on display in every episode. For the few of you out there that haven’t seen the show 6 successful entrepreneurs (Mark Cuban, Kevin O’Leary, Barbara Corcoran, Daymond John, Lori Griener and Robert Herjavec) listen to small business people pitch their companies or ideas so the Sharks (the entrepreneurs) might consider investing in them. I was watching the other day and thought there were some interesting similarities between successfully convincing the Sharks to invest and clients having a successful financial planning experience.

More →

Lessons Learned The Hard Way!

There is an old adage that there are no mistakes only lessons to learn. I can say that is only partially true. I think it is a mistake to not share lessons that you have learned along the way especially if it could help keep someone from making the same mistakes. So at the risk of embarrassing myself I will share the 5 financial lessons I learned the hard way.

More →

What The Heck Is Thorium?

Thorium is a naturally occurring radioactive chemical element with the symbol Th and atomic number 90. It was discovered in 1828 by the Norwegian mineralogist Morten Thrane Esmark and identified by the Swedish chemist Jöns Jakob Berzelius, who named it after Thor, the Norse god of thunder.

More →