Raising Financially Independent Kids Is Serious Business

Raising kids isn’t easy under the best of conditions.  Most of the parents I know work a 50+ hour work week.  To deal with after school care, they enroll their kids in after-school programs, at considerable cost to themselves.  It’s a kind of “two steps forward and one step back” situation that makes raising kids and saving money difficult.

The average family I see, only gets to spend nights and weekends together…

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Wealth Is All In Your Head

When you think about it, money is a pretty funny thing.  For a couple thousand years humans used precious things to represent this idea of “money” — ivory, colorful shells, precious gems, livestock, silver, and most notably gold.  This worked well for humanity for a very long time… as long as the values were small.

The general inconvenience of physically carrying a whole bunch of “precious stuff” eventually gave way to paper certificates…

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March 2019 Dividend Income And Expenses

Wow, what a difference a month makes!  This time last month, the Tako family was buried under a veritable mountain of snow.  Now, one month later, spring has definitely sprung.

Temperatures are warmer, and there’s more natural light due to the annual daylight savings time shift.  This has made a huge difference in how much daylight we have, and I find myself itching to get yard-work done and prep the bbq for grilling season…

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Reader Question: Don’t You Ever Splurge?

As a writer of a public blog about money and investing, I get plenty of feedback from the internet.  Not all of it is positive.  There are definitely trolls.  Sometimes though, people ask really insightful questions that are worth sharing.  Sometimes even the trolls ask really good questions.

Today’s post is about one such question.  A reader recently wrote to me and asked…

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Low Beta Investing: The Anomaly of Lower Risk And Greater Returns

Greater risk means greater rewards.  That’s the mantra we’ll taught about stock market investing.  Take the risk of investing in the stock market and you could lose money… but you might also make considerably more than you would in a bank account, or money market fund.

“Without risk there is no reward.”

That’s the story we’re told as newbie investors anyway…

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Is The Internet Causing The World To Become More Faddish?

Unique thinking has always been something of a rarity among the human race.  Humans are social creatures that like to fit in.  We love to talk, tell stories, share ideas, and even copy some of the best ideas.  We also tend to follow the people we believe to be authorities.

This behavioral tendency leads to fads and faddish behavior.  Take for example Tulip-mania…

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