Would You Rather Have A Penny That Doubles Each Day For A Month Or $1 Million?

The Fable of the Grain of Rice shows how it's better to get a penny that doubles daily versus having $1,000,000 upfront. This is compound interest.

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Gift Tax: How Much Can You Gift Tax Free?

Gift tax rules allow tax-free gifts up to $14,000. How does the gift tax work? Do you owe taxes on a cash gift? How much can you give before paying tax?Gift tax rules allow tax-free gifts up to $16,000. If you pass this threshold, the lifetime exclusio...

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The Ostrich Strategy – A Cure For Market Anxiety?

If crazy markets make you anxious, and looking at your balances is driving you crazy, give the ostrich strategy a try. Come learn more about it and check out the video I made of a recycled cardboard ostrich (yes, really). The post The Ostrich Strategy ...

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Investment Calculator: How Much Will You Earn?

How much money can you make from ETFs? Bonds? What will your retirement account be worth in 40 years? Let’s find out!How much money can you make from ETFs? Bonds? What will your retirement account be worth in 40 years? Let’s find out! The post Investme...

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A User’s Guide: How to Gamble in the Stock Market and Lose Everything

stock chart buy sell points

Good morning! Got a great guest post for you today from a new blogger and friend in the space, Kalen Houck. I’m sure many of...

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August 2022 Dividend Income And Expenses

After a scary couple of months with some massive overspending, it's finally safe to say things are "getting back to normal" for the Tako family.  August was all about optimizing our lifestyle in our new home.  We started turning the screws, and...

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Journal Club 09-09-22

Here's Journal Club 09-09-22! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!     Are more and more physicians and medical staff quitting medicine to pursue alternative careers, or are we imagining all […]

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Collections of Collections

coin collection

One of my favorite things about collecting coins is that they all have their very own personal history. First, in regard to their original minting...

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Performance Update (July): Dunno.

My main goal* was to build an investment and cash portfolio of $1,120,000* ($1,000,000 to retire on and $120,000 to pay off the house) in 1500 days**, starting from 1/1/2013 and ending in February of 2017. I made my goal in 2016, my&#160...

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Personal Capital Review 2022: Tracking Investments For Free

Are you struggling to manage all your investments and keep your portfolios in check? Not all of us are paying brokers to handle our accounts, and we have to be hands on with our money to make sure everything checks out! Since we wanted to better manage our money and investments, we did the research and found our one and only- Personal Capital!

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