Share buybacks are a strange corner of the investing world where you’ll often find great disagreement. On one hand, you have a group of investors that say “Stock buybacks are great, they increase my percentage of ownership in the business”…Read more
What a difference a month makes! After the precipitous drop of our net worth in December, I wasn’t expecting to breach the $3 million mark again for awhile… but January was an exceedingly kind month. Our net worth came back with a vengeance — In our taxable accounts alone we saw a $125k increase in January…Read more
Every year right around the end of January, I try to plan out my dividend income and capital allocation goals for the year. I started doing this in 2017, continued the process in 2018, and still find the process useful enough that I’m doing it again in 2019.
At the most basic level, my planning process amounts to putting excess cash to work from our Big Fat Cash Pile AND trying to put that cash into smart places that generate a growing stream of dividend income. The devil is in the details of course…Read more
Happy New Year! Whew, the holidays are finally over! Things can finally get back to normal. I’ve been so busy lately with visiting family, taking care of kids, and completing holiday gifts that I’ve hardly had time to pump-out a blog post for the last couple of weeks.
A typical holiday (or school day-off) can be no picnic for your average financially independent SAHD…Read more
To a certain extent, investors like myself desire to see a steadily rising net worth. Up and only up please! Unfortunately, life and the stock market don’t always comply with what I want them to do.
There will be years where the market is down, and weeks when more cash flows out than flows in. So how do I know I’m actually building wealth?Read more
Hello, Mr. Tako is my name and financial manipulation is my game. At least in May it was.
Yep, it’s time once again for another monthly financial update, and this one is a doozy! If there was a theme to the month of May, is has to have to been “financial manipulation” because our numbers look completely crazy this time around…Read more
Believe it or not, I’ve written this post a couple of times. I’ve never published the previous versions because I’ve never been happy with how the post came across. Cash flow management is one of those topics that’s hard to put into words without sounding like some kind of arrogant know-it-all.
I honestly DON’T know-it-all and my cash flow management strategy is really based upon this fact. That’s the honest truth…Read more
OK, so you’ve been squirreling away your pennies for awhile now, and you want to try your hand at investing. Not just any kind of investing however — you want to invest in compounders.
A compounder is (of course) a business that continuously grows in value because of the principal of compound interest…Read more
The headlines made me raise an eyebrow — shares of Nintendo (Symbol: NTDOY) were down 10% after a poor showing at E3. Which is terribly odd. Usually these game companies keep their game release plans quiet all year, and then release them to big fanfare at E3, the big Electronic Entertainment Expo in Las Vegas this time of year…Read more