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...]

3 Ways to Deal With a Declining US Dollar

In the cover article of the April 2011 issue of the Sound Mind Investing Newsletter, Austin Pryor shared stats that indicated that the US Dollar has fallen 14% (when compared to some of the major currencies) since the end of April 2009. You’d think that as a missionary who is paid in US funds I would have already known that, but I guess the PNG Kina hasn’t been hit as hard or I’ve been ignorant … [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...]

Sound Mind Investing Newsletter Review

Sound Mind Investing (SMI) Newsletter is America’s best selling financial newsletter written from a biblical perspective. I have been an SMI subscriber for a year and a half and I have been very impressed with the quality of the material.  The articles are well written and very timely to current market conditions.  Since those who work with the newsletter are Christians I feel like the articles … [Read more...]

Do You Need a Financial Advisor?

My financial adviser is a great guy - real smart too. But, over the time frame  of a couple of years I started feeling less and less comfortable about the investing partnership.  So, in early 2008 I jumped into the driver's seat.  I moved all my funds into a self directed account at TD Ameritrade, and with the guidance of the Sound Mind Investing Newsletter,  I took control of my investing.  … [Read more...]