The Keys To Wealth: 4 Investing Books That Changed My Life

Keys. Keys unlock doors and open gates. Keys give you access to different places in the world, from which you might otherwise be locked. Without those keys, there’s little hope of ever reaching those parts of the world.

Investing is kind of like a locked doorway… Behind some of those locked pathways are the roads to wealth and financial independence. Unlock the right doors and you can become an incredibly wealthy person…

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The Best Reason For Financial Independence

One of the more common criticisms I hear about Financial Independence is, “It’s not for everybody” and “Some people like to work”.

In a world dominated by the average Joe (or Jane) working a 9-to-5 job, the prospect of living a financially free life sounds like some kind of crazy fantasy world. They ask questions like, “What would I do with all that extra time? Don’t you get bored?”

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June 2017 Dividend Income And Expenses

In my opinion, summer is the best of the four seasons. Some people might love winter for its snow, spring for its flowers, or fall for the beautiful colors, but I absolutely love summer!

Food prices are cheap, and produce is fresh. Temperatures are great for grilling, and spending time outdoors without wearing multiple layers of protective clothing is suddenly a very real possibility…

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Costco Vs. Cash & Carry

Saving money on food is a huge part of saving for financial independence. For the average family in the United States, food counts for seven thousand dollars of annual spending. It’s the largest single spending category outside of housing and transportation.

Love it or hate it, buying in bulk saves money. Costco has been a champion on this front since the 1980’s…

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Making Nametake

It’s no secret that the Tako family loves a good meal. We routinely post pictures of our meals on this site — because I firmly believe you don’t have to sacrifice good living to reach financial independence! Our grocery spending usually amounts to a mere $500 per month.

For us, eating well is just part of living a good life. Over the past few years our diet has changed considerably…

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Reader Questions: Precious Metals

Today we’re kicking off a new series here at Mr. Tako Escapes. — Reader Questions. That’s right, I’m starting a series of posts dedicated to answering the most interesting reader questions sent my way!

Our first reader question comes from reader ‘Meg’ (not her real name), who’s recently suffered some pretty steep investing losses, and wants some advice. Reader Meg writes…

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How Much Global Diversification Do You Really Need?

Last week, I wrote a post about skipping the investing buffet. In that post, I argued that investors are better served by avoiding most of the “buffet” that is the investing world.

Unfortunately, many readers seemed to think I was advocating for the buying of individual stocks (I wasn’t!). I firmly believe the vast array of investing products available do absolutely nothing for small investors…

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