There’s No Going Back…

Argh! Believe it or not this is the second time I’m writing this post. I was just about ready to publish the first (original) version last Friday, but upon hitting the ‘publish’ button, the post disappeared into a puff of digital smoke.

Damn! Hours and hours of writing completely gone due to some strange technological fart.

But my little blogging mishap is a very very small problem compared to the incredible difficulties many people are living through at this very moment. It’s been a very difficult year.

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Betting On Bankrupt Stocks: A Good Investment Or Terrible Idea?

Imagine for a moment that you’re stuck at home.  There’s no sports, no concerts, no festivals, no new movies, and the federal government (in all its infinite wisdom) has decided to write you a check!  Woohoo!  Free money!

But what could you do possibly do with that money?  Assuming you’re one of the lucky folks that still has a job, you might elect to spend that money on consumer goods…

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Investing Ideas: Year Of The Road Trip

Travel.  Ask any random person if they like to travel, and undoubtedly most will say “Oh yes, absolutely!!”.  Then after some careful thought, they’ll hedge that claim with “…but I probably won’t do a lot of traveling right now”.

Travel used to be a pretty big chunk of the average consumer’s budget.  Now, with quarantine periods for international travelers and “stay home” orders in-place, most families are simply sticking to home…

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The Money Mind: Is It A Natural Talent Or A Learned Skill?

If you’re the kind of person that’s not afraid to talk about money, sooner or later you’ll encounter the phrase “She’s good with money”, or “He’s bad with money”.

It’s an interesting turn of phrase… one that implies some individuals have a greater ability to make money (or build wealth) than others.  Living in today’s very unequal world, this appears to be the case.

On one hand we have billionaires with so much wealth they could literally spend one billion dollars a year and still not outlive their own fortunes…

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Does Frugal Have A New Normal?

Do you consider yourself a frugal person?  I used to think Mrs. Tako and I were pretty frugal people.  If you remember our backstory, the two of us were good savers in our 20’s and 30’s which allowed us to reach financial independence by age 38.

We saved, but we didn’t suffer.   We traveled internationally quite a bit, ate delicious meals, and generally had a very luxurious life — all while saving a good chunk of our income.

That was the past, and this is now…

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How To Keep Compounding When The Market Won’t

There exists an urban legend about Einstein.  You’ve probably heard it before.  Supposedly Einstein once said that “compound interest is the most powerful force in the universe.”  It sounds pretty cool, and smart — like something Einstein might actually say.  Whether Einstein actually said these words or not is subject to debate.

We’ll probably never know the truth about that Einstein quote, but the important part is the truth within it — Compound interest, or more generically “compounding” is an extremely powerful financial force when it works for you…

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April 2020 Expenses And Dividend Income

April 2020 was a weird month.  A really weird month.  Inevitably it will go down in the history books as one of the strangest on record.  Not because it was a particularly good month (far from it), but because everything was just so gosh dang weird.

The stock market (for example) acted very weird in April.  It did the opposite of what you might expect during a pandemic and recession…

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A Lockdown Q&A With Mr. Tako

Hi folks!  Instead of my usual blog post where I decide the topic my choosing, this week’s post I thought I’d we mix things up a bit!  It’s time for the readers to take charge and let them ask questions!

That’s right, it’s Q & A time!  This week’s post is composed entirely of reader questions, and I’ll do my best to supply the answers!

Without further ado, lets get this Q & A started….

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Lockdown Week 7: When The Food Ran Out

Three weeks ago it was the shortages of toilet paper making big news.  That made for plenty of good toilet paper jokes and internet memes, because… well, toilet humor wins the internet!

Thankfully, like migratory birds, toilet paper has now returned to it’s regular nesting grounds on store shelves.

As if we didn’t have enough to worry about (a new virus, unemployment, the economy, homeschooling the kids) — Now we have to worry about the freaking food supply!

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