Thoughts From the Finance Factory

What The Heck Is The Big Short & Why Did It Cause The Financial Crisis

So by now most of you have either seen The Big Short or have seen the previews for it. The book by Michael Lewis is one of my favorite reads of the last 10 years and I highly recommend it. Now it has been turned into a movie starring Brad Pitt, Christian Bale, and Steve Carrell. I recently saw it and thought it was well done. The acting is excellent and it is a good adaptation of a very difficult book and topic for most people to understand. There are a lot of difficult concepts that the book takes 20 or 30 pages to explain and they devout a minute of screen time to it.


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ICYMI: The Top 5 Posts of 2015

2015 has been a very eventful year for Thorium Wealth Management. Everyone says the second year in business is the hardest and they weren’t lying. One exciting development in 2015 is the continuing evolution of my blog. It was over 18,000 words and 28 posts some of which were better than others. Thoughts from the Factory on Main now has over 1000 unique views every month. That’s pretty amazing to me considering in the beginning (August 2014) I was only getting 5 to 10 views per post. That has me excited and I am glad that people are reading my content and enjoying it.


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Become a Jedi Master Over Your Finances! You Must!

A long time ago in a galaxy far, far away…

Its one of the most iconic opening credits in movie history. For the 3 people left on the planet Earth that do not know. That is the opening to Star Wars. I grew up a huge Star Wars fan and am super excited to have a whole new trilogy to enjoy.


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What Can The Mets Teach You About Personal Finances?

What you can learn about personal finances from the New York Mets?

I have been a New York Mets fan my entire life. I used to stay up late listening to games on WFAN. Meet the Mets still brings me back to wonderful trips to watch my Mets at Shea Stadium. Even sitting in the upper deck about 5 feet from the LaGuardia airplane traffic it was still a magical experience watching my boyhood sports heroes. My friends and I would then recreate the games in the backyard playing wiffleball.


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Beware of Kardashians Hawking Credit!

What do Henry Winkler, Hulk Hogan, Betty White, Fred Thompson, Kim Kardashian, Montel Williams and Alex Trabek all have in common? I’ll give you a minute to think about it…Cue Alex Trabek’s theme music. Doo Doo Doo Doo Da da da da (OK you get the point even if that is more Police than Jeopardy) Time’s up! The answer is…


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Scams, Suckers, More Scams And How To Spot Them

We have all received the emails from the concerned African prince that wants to wire us millions of dollars if we give him our account information. Hopefully everyone knows that it’s a scam. As the old adage goes if it’s too good to be true. Well I was away for a few days at a conference and when I returned I had this very ominous voicemail at my office.


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Do You Need a Financial Plan?

For the regular readers of my blog you know that I am a big believer in planning. I believe in having written goals and developing a plan to work towards accomplishing them. Big business uses strategic plans, communities develop land use plans, and athletes develop plans for their season. So why, according to a recent Gallup survey, do only 38% of people in the US have a written out financial plan.


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The Investing Roller Coaster

My daughter Savanna and I love roller coasters. The bigger, the faster, the scarier the more we love them. A couple of weeks ago we spent some daddy daughter time at Carowinds in Charlotte. They have a brand new roller coaster named Fury 325. The name is certainly fitting as the coaster brings you up 325 feet in the air and then drops you at an 85 degree angle at speeds of almost 100 miles an hour.


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