With meme-stocks constantly in the news these days, the investing media spends a lot of time (perhaps too much) talking what meme stocks are doing on any given day.
“Gamestop shoots up 20% today!” “Investors retreat, as BBY crashes by 25%!” “AMC spikes 100% in a single day!”
Every day it’s the same nonsensical reporting about the stock price of each touted meme stock…
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With most of the population in Washington state getting vaccinated by the end of May, things have finally started to open back up again. The pandemic is subsiding here, and it seems like life is (slowly) returning to normal.
As you might expect, our travel adventures resumed in May as well. We took full advantage of the fine May weather, and went camping on Washington’s coast, near a small town called Ocean Shores…
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Ahh spring!! Spring really starts to hit the Pacific Northwest when April rolls around. Things finally start to green-up again. It’s also the time of year when our weather starts to turn towards “dryer” and “slightly warmer”.
This is typically when I emerge from my winter hibernation, and start spending a lot more time outside…
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People can pick up and move homes for many good reasons. Sometimes it’s a job, sometimes it’s to be closer to loved ones, and occasionally it’s to retire to cheaper location.
This process of moving to ensure a wonderful retirement is commonly known as geo-arbitrage. It’s very common for retirees to move, and something the Tako family has been considering for quite awhile now.
Along with a cheaper cost of living, we’ve been looking for a nice, safe, quiet place to finish raising our kids…
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February is always an interesting month. Not only is it the shortest month of the year, but it’s also right smack in the middle of winter.
Like many other families living in the northern hemisphere, we received a giant blast of winter weather this February. We got “snowed-in”…
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If you’re like most people, your annual household spending was down significantly in 2020 because of the pandemic. Saving money must have been on everyone’s mind, because the U.S. savings rate saw massive increases in 2020. By January of 2021, the U.S. savings rate had increased to 20.5%.
That’s certainly a lot of cash being saved! Bank deposits are now at record highs…
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Another month another dollar. That’s how I like to think about these regular monthly reports anyway. Every month we turn the crank one more time on the Wealth Machine. While our net worth actually increases a whole lot more than $1 in a single month, I like to think in simple terms — Dollars at a time.
It’s the KISS principle applied to wealth building!
Turning the crank means saving, investing those extra dollars, and then compounding any additional value…
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“Making sense of market volatility.” This was the subject of an email I found in my Inbox on Friday afternoon. “What’s all this?” I wondered. Schwab was sending out emails to investors in order to soothe fears stoked by the madness and volatility in heavily shorted stocks last week.
Last week was crazy-town. A few select stocks rose or fell by over 100% in a single day! The volatility was extreme, and trading volumes were through the roof. Blood was in the water…
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Living off passive income is a bit like spotting a snow leopard in the wild. Snow leopards are (of course) one of the most rare and elusive creatures on the planet. They live in the Himalayas at significant altitude (9,800 to 14,800 ft), and it’s estimated there’s less than 10,000 of these extremely rare cats alive today.
Seeing a snow leopard in the wild is exceedingly difficult. Hardly anyone ever sees them. Naturalists can spend months in the Himalayas looking, and never actually see one. Despite this fabled difficulty, it is actually possible to see a snow leopard in the wild…
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