August 2021 Dividend Income And Expenses
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
Saving
The Epic Quest For Multi-Baggers
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 moreHow I Changed My Mind About 3D Printing
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 moreJuly 2021 Dividend Income And Expenses
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 moreJune 2021 Dividend Income And Expenses
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 moreMay 2021 Dividend Income And Expenses
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…
Read moreApril 2021 Dividend Income And Expenses
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…
Read moreThe Inflation Monster Lurking In The Shadows
Have you noticed? The cost of a trip to the grocery store or hardware store has risen in recent months. This has the news media doing plenty of fear mongering about inflation.
To be fair, prices of commodities like corn, soybeans, lumber, and iron ore have all more than doubled over the last year. This is an undisputed fact, and certainly concerning…
Read moreFinancial Independence Happens Faster Than You Think
If you’re one of the many young people just starting-out on the path to financial independence (or even an older person just trying to catch up), the numbers can seem a little daunting. Using common retirement rules like the “4% rule”, a $1 million dollar portfolio can safely generate a mere $40,000 of income per year.
For many, this seems like a ridiculously small amount of income to earn from such a large amount of saved money. Perhaps you were hoping for a much larger income in retirement…
Read more