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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Lockdown Week 6: Market Perturbations & Sushi

Well, would you look at that!  Here we are 6 weeks into the pandemic lockdown, staring down directly into the precipice of a humongous recession … and the stock market is rising.  Incredible!  Absolutely incredible.

This seemly bizarre market move has the so-called “experts” calling it a “sucker’s rally”, warning investors to stay away.  Yet the stock market is undeniably rising again…

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Lockdown Week 3: Board Games And Investing In Bear Markets

Are you starting to get a case of “cabin fever” under the coronavirus lockdown?  Maybe you’re not under a lockdown order yet.  Some places around the world are just now starting to go into lockdown mode, but here in the Pacific Northwest we’ve already been at it for 3 weeks…

So, the cabin fever has really started to set in!

Just kidding.  It’s quite the opposite in fact…

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