Mastering the Art of True Passive Investing | A Guide for Worry Free Investing

The first few lines of a recent blog post at Sound Mind Investing said: After falling roughly 18% in two weeks (and scaring many investors half to death), the stock market bottomed August 8th at just under 1120. Since then, it has bounced back and forth between 1120 (white line) and 1220 (red line)... For between 3 - 4 years, I've been a subscriber of the Sound Mind Investing Newsletter.  It is … [Read more...]

Asset Allocation is the Biggest Investment Decision You’ll Ever Make

I get questions. I get questions about the Bible and money, questions about debt, and questions about investing. Did you know that the questions you ask don’t necessarily get you to the solution you need?  If you ask the wrong question, you’ll get the wrong piece of advice. We tend to think the most important investing questions are: How much should I be saving for … [Read more...]

The Ultimate Beginner’s Guide to Index Funds, Mutual Funds, and ETFs

If you were to jump into a Canadian lake in January, I bet you’d feel some sort of shock to your system. If you’ve never done much investing, you’ll feel a similar shock when you start to sort through all the investing options. In fact, beginning investors often use phrases like -  overwhelmed, so many choices, and I don’t know what to do. Don’t expect me to tell you what to do, but I do … [Read more...]

Mutual Fund Investing Vs. Index Fund Investing

If you asked me for advice to start investing, I’d first have to tell you that I legally cannot give specific investing and accounting advice.  Then I’d tell you that both index funds and mutual funds are better ways to invest than single stocks.  Then you might ask me which is better: mutual funds or index funds*?  Here’s what I’d say … *For clarification in this post, I’ll be discussing … [Read more...]

What it Really Means When You Buy Stock

When considering investing in stocks, there is a lot that we must learn. First we must determine whether we have the time/knowledge to choose our own investments or if we should take a more passive route (hiring a broker, passive index investing, choosing age-related mutual funds, etc). Then we must figure out our investing temperament and risk tolerance,  decide on an length of time to stay … [Read more...]

Should You Follow Dave Ramsey’s Investing Advice?

You probably wouldn’t know it from reading this blog. I’m a huge fan of Dave Ramsey.  However, every time I write about him, it is to critique something he says (like his stance on credit scores).  I have, however, shared three things I really like about Dave Ramsey, and I’m sure there are more. Still, I tend to critique him more than I praise him.  The reason is this: because he … [Read more...]

How to Invest at Lending Club | A Guide for New Investors

I recently had a reader email with a follow-up question regarding p2p lending at Lending Club.  He essentially wanted to know how to invest at Lending Club. Here’s the question: Could you explain to me how lending club works as an investor? What type of initial investment is needed? Do you fund individuals or across the board? I thought the question would be good to address in this … [Read more...]

Faith Based Investing | Thumbs Up or Thumbs Down?

Some months ago the Consumerist Commentary had a post that introduced faith shares. I have previously mentioned that I am yet to be convinced that faith based investing (in the strictest sense) is right for me at this time. That said, I respect anyone who feels convicted to show their faith in this way. Different Types of Faith Based Investing Options When I visited a faith based investing … [Read more...]

Pay Off Mortgage Sooner, Invest, Or Save? The Math Analysis

I’ve previously written about this topic – should you pay off the mortgage early or invest – but I realize that post was sorely lacking the math.  Today, I want to take a deeper look at the discussion to give a more thorough answer to the question – should you pay off the mortgage or invest? Watch out! I’m about to unleash the geek inside and let him run some math with the calculator. This post … [Read more...]

Value Averaging: An Automated Investment Strategy

Don’t time the markets because you’re probably not smart enough to time the markets. Sorry.  I guess I’m being a tad judgmental.  Let me simply say, I’m not smart enough to time the markets.  Neither are about a million other super intelligent people (unfortunately, most didn’t know it until it was too late). Since your emotions are the greatest enemy of successful investing, you need a … [Read more...]