The Archives at the Factory

What Financial Health Means To Me

The financial world is an uncertain place. My parents have never been very good with money. This lead me to have an unhealthy relationship and bad habits with money. My parents had decent jobs, but were always struggling to make ends meet because they lived beyond their means. I know whoa is me, everyone has a sob story but not having good financial role models makes it very hard for kids to know what to do when it comes to earning, saving, and investing their money. (more…)


Is College Worth The Investment?

What do Ty Warner, Bill Bartman, Ralph Lauren, Ray Kroc, Wally Amos, Steve Madden and Sim Abraham have in common? Besides being successful business men none of them have college degrees. If you have not heard of them you should google them. Their stories are impressive. We all know the stories of Mark Zuckerburg and Steve Jobs dropping out of school to found Facebook and Apple but there are thousands of examples of unbelievably successful individuals who did not graduate college. (more…)


10 Steps To Avoiding Investment Fraud

On guard against fraud

Fraud is a reality that we must constantly guard ourselves against. There are those who can be considered trusted advisors and there are those who will always be unscrupulous. We know and understand that. Yet, by nature, many of us want to trust and open up to the friendly and seemingly knowledgeable folks we meet. It’s always important to exercise a reasonable amount of caution.

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Should You Stay Or Should You Go?

One of the tough questions that faces many newly married couples is what to do with the real estate properties they own when they get married. It’s almost a certainty that if both of you own a home, you’ll end up moving into one of your properties as a couple. This begs the questions of what will happen to the remaining piece of real estate once movers have packed the boxes and the house is empty.


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Why I Hate Valentine’s Day and Six Money Saving V-day Tips

As my wife will tell you I am not a big fan of Valentine’s Day. Not because I don’t love my wife but because I think it is the most manufactured and commercialized “holiday” that exists. At least Halloween is rooted in an old world religious tradition. The greeting card industry loves Valentine’s day because it is estimated that over 1 billion cards will be sent.


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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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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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