How to Get Started Investing at Lending Club

A few weeks ago, we explored the question - what to do with a lump sum of cash. After going through the research process, I decided that I wanted to diversify how I invested the money and where I invested the money. I actually ended up putting some money in four of the five possible places I explored in that post. Local credit union - 12% of the total.  Return of 3.01%. Accounts with a … [Read more...]

5 Profitable Low Risk Options for Investing a Lump Sum of Cash

After months of attempting to transfer funds from the sale of our house from PNG to the USA, we finally were able to get the first batch of funds transferred into our US bank account.  Since we're currently very content renters, we've decided to delay buying a house.  We may wait four months, or we may wait four years.  We have no idea, and we love the flexibility renting offers. However, now … [Read more...]

9 Investing Tips You Must Know Before You Invest a Single Dollar

It hurts when I hear about people losing massive amounts of money in the stock market.  This is especially true when people lose that money by violating some of the basic principles of investing.  If you've been investing for years, you probably won't get much out of this post. But if you're new to investing, please be sure that you take heed. 8 Investing Tips You Should Know Before Investing … [Read more...]

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...]

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...]

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...]

How To Start Investing | A Step By Step Investing Guide For New Investors

On Friday’s I answer a readers question.  If you want to ask a question you can contact me.  Recently a reader asked a very important and broad question – how do I start investing? For many, the investing world is a maze of complexity.  But it does not need to be so intimidating. In this post, I’m going to try and track back about 15 years ago to when I first invested in a mutual fund.  … [Read more...]

Important Mutual Fund Tax and Capital Gains Facts Every Investor Must Know

“If I exchange mutual funds do i still have to pay taxes?” Understanding the tax implications of your investments will help you appropriately structure your personal investing strategy in order to maximize your returns. This post focuses on non-tax sheltered investments so it includes any regular (non categorized) investments. What Are Capital Gains? A capital gain is money you make from the … [Read more...]

How to Become an Accidental Millionaire

In this blog I have never really provided much information on how to build wealth like crazy.  I guess I’ve never really jumped on the build-wealth-like-crazy bandwagon.  But, today I'm going to show you how easy it is to become a millionaire.  In fact, I'll show you how to become a millionaire by accident. Earlier this year on his radio show Dave Ramsey asked something like - Why are we so … [Read more...]

How Do You Market Fear?

With so many awful and fearful events happening in the world I am amazed at the number of people who PAY their hard earned money to go and be scared.  Seriously, think about it for just a second.  Here is the scenario: A husband and wife come home late one evening, and as they walk into the house they hear a noise upstairs.  They turn on a light to see what is going on, and before they know it, … [Read more...]