Summer always speeds by faster than I’d like. It’s a “blink and you’ll miss it” kind of moment here in the Pacific Northwest. Owing largely to our very short summers…Read more
Compounding. In a word, it’s the “secret sauce” that makes wonderful things like retirement possible. If you want to have enough money to retire someday, you really WANT to compound your money. And there’s no better investment to compound money than common stocks.
Sure, you could stash your savings in a bank account, but at today’s interest rates you won’t be compounding more than a few pennies per month…Read more
There are few things in this life that give more more personal satisfaction than admitting I was wrong. On one hand, being able to admit I was wrong implies my brain still has a certain amount of mental flexibility and open-mindedness. Frankly, that’s pretty darn rare these days.
How often do you hear people doing a complete about-face when it comes to strongly held personal beliefs?Read more
July is a month of abundance. Mother nature provides an abundance of sunshine that produces wonderful fresh food, and families get to spend an abundance of time together on vacation.
The Tako family enjoyed the abundance of life in July on both fronts…Read more
This time of year my thoughts seem to be less focused on investing, saving, and blogging than they probably should be. Admittedly, I’m spending a lot less time on the computer these days, and a lot more time outside!
When the weather is nice here in the Pacific Northwest, the Tako family gets outside as much as we can!Read more
Every once in awhile a new investing book (or personal finance book) comes along that gets an incredible amount of attention. It’s on all the best seller lists. Everyone on your Twitter feed is talking about it. Amazon reviewers give it glowing 5-star reviews, and many people you respect and follow are recommending it.
It seems like the book is the best thing since sliced bread.
Any time I see this much positive buzz, I get skeptical. Maybe it’s the contrarian in me, but all that marketing looks like a giant flashing-red warning sign…Read more
After spending nearly all of 2020 cooped up in the perpetually damp Pacific Northwest, Mrs. Tako and I decided it was finally time for a family vacation. Things are finally starting to open-up again after COVID-19, and we wanted to go someplace that was warm, loaded with good food, and someplace new to us…Read more
Has it really been two weeks since I last posted here? Time flies when you’re having fun I guess! With the kids are out of school, and summer well underway, we’ve been on vacation for the past two weeks!
Our most recent adventure took us to Arizona, where we soaked up loads of the southwestern sunshine and plenty of mesquite grilled tacos…Read more
In a recent post, I wrote about the incredible returns that can be achieved by being a long-term shareholder. But finding stocks that can actually survive 20+ years is trickier than it sounds. Back in the 1950’s, corporations in the S&P 500 had an average lifespan of 61 years. Finding long-lived stocks wasn’t a problem then.
However, in recent years the life-expectancy of publicly traded stocks has diminish significantly…Read more