Dividends are my favorite kind of passive income, probably because they’re one of the few truly passive forms of income. Beyond making the initial investment, there’s nothing an investor needs to do in order to maintain that beautiful stream of income…Read more
People ask me all the time what our net worth is, but rarely do I post the numbers. Why?
It fluctuates too dang much to worry about. As soon as I post a number, it’ll change tomorrow. But I do understand that people are curious. Most people want to know how big our portfolio is to generate that large amount of passive income…Read more
December has a reputation for being an expensive month, and around our house that definitely holds true. There was budget Christmas gifts to gather, additional travel costs (to visit the Grandparents), and even some New Years celebrations.
That all adds up to a very expensive month … except we didn’t exactly break the bank.Read more
It must happen to anyone who leaves the workforce for a significant length of time — You begin to ponder that big question: “Will I ever go back to work?”
For me, a year has passed since I collected that last paycheck. I’m a happier person for it. I’m less stressed than before, and I like my life a lot better. Now, I spend my days working on projects (like this blog) that really matter to me…Read more
Today we’re going to do something a little different. Instead of just telling you that I bought or sold certain investments, I’m going to bring you along and talk about an investment I’m actively considering.
This should give you a sense of how I think about investing in individual companies.Read more
Have you met your inner porpoise?
Cetacean jokes aside, purpose is important. If you’re reading this blog, chances are good your life is already filled with purpose. For the vast majority of us, going to work and paying for our lifestyles *is* our purpose…Read more
Do you hear that Christmas jingle in the air? Maybe it’s all that spare change falling out of your pockets!
The end of the year is a flush time for many in the Western world — Companies tend to pay out bonuses and profit sharing rewards to employees at the end of the year. It’s the most cash-rich time of the year for many…Read more
It’s time once again for a Tako family monthly income and expense report! November was a month for indoor activities, like finishing woodworking projects. We spend a lot more time indoors this time of year…and subsequently, our spending for November was very …err… typical.Read more
Today’s post is a very personal story about investing.
It’s a story about when Mrs. Tako and I were still very young. We both started our lives as very different people, from very different backgrounds. I had piles of debt, and she had piles of cash uninvested. I grew up in the country, brought-up on a regimen of hard labor. Mrs. Tako grew up in the city and spent her time on education, language, and travel…Read more