index fund Archives - The Silicon Underground

Is landlording profitable?

Dave Farquhar — Mon, 16 Apr 2012 12:21:04 +0000

Is landlording profitable? The answer is yes. Where people disagree, I think, is on the timing, and perhaps to a lesser degree, on the strategy. My wife read an article yesterday on real estate investing that made her mad. I’d

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Oh. And don’t go panic and sell all your stocks.

Dave Farquhar — Tue, 09 Aug 2011 01:27:29 +0000

The Googles have spoken, and people don’t come here for financial advice, but I’ll say this anyway. The markets have been going bonkers for the last week, but don’t panic. Don’t go dumping your stocks and bonds. Seriously. Just look

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How to invest without a financial adviser

Dave Farquhar — Wed, 10 Nov 2010 01:31:39 +0000

I’m not a big fan of financial advisers. Their job is to sell you financial products, not to look out for your own best interests. I learned that the hard way, after sending most of what I made in my

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401(K) Paperwork

Dave Farquhar — Thu, 01 Oct 2009 02:22:12 +0000

So I'm filling out 401(K) paperwork. I don't like everything I see, but can live with it. I guess it's what I don't like that's important. Or why I don't like some things I see, that is.

Then again, some people may be wondering why I'm even investing at all.

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How does the live-within-your-means movement apply to the current recession?

Dave Farquhar — Sun, 19 Oct 2008 01:06:33 +0000

Joseph brought up some good points in the comments for the previous entry, and I don't think a short response does them justice. He wants to know what the personal finance experts have to say about the current economic crisis.

Suze Orman actually went on TV a few weeks ago and called it an opportunity of a lifetime. I'll explain.

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How to become a millionaire in 10 years (safely)

Dave Farquhar — Thu, 21 Aug 2008 00:52:10 +0000

I saw a blog post today called How to become a millionaire in 10 years. The majority of commenters dismissed it outright.

I don't like that attitude. The plan makes some assumptions that aren't always true. But having the plan is an important first step. What's impossible now might not be impossible in a few years, so it makes sense to do what you can now.

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Don’t fall for get-rich-quick schemes: Check out the claims before you sign

Dave Farquhar — Sat, 15 Mar 2008 19:01:30 +0000

The pitch sounded too good to be true. While most bank accounts in the United States are paying a piddly 4% interest, and rates are more likely to go down than up, there's another country whose economy is booming, is one of the safest places in the world for your money, and routinely pays 9, 10, or even 14 percent interest on three-month CDs.

I clicked the banner ad. I read what the guy had to say. But I didn't sign on the dotted line. Here's why.

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How to find motivation to balance your budget

Dave Farquhar — Sun, 01 Jul 2007 12:26:56 +0000

This week I read a story on Get Rich Slowly about a couple who refuses to budget. The conversation ended when the person who needed to budget bragged about getting five shrubs on sale for $10 each. She didn't need them, but the deal was too good to pass up.

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Nickel and dime your way to prosperity

Dave Farquhar — Tue, 15 Feb 2005 23:53:02 +0000

An old friend and I have been talking a lot about debt elimination these past few weeks. With any luck, both of us will be completely debt-free by age 45 at the very most, and probably sooner.

The trick is to dump as much money as possible into debt retirement. As recently as November, the interest on my Honda Civic was costing me $1.40 a day. Think what you could do with that $540 a year you're paying in needless interest.

The challenge is finding the money to use to retire debt.

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How to get rich–the Biblical way

Dave Farquhar — Sat, 24 May 2003 15:06:59 +0000

Money is a controversial topic in Christian circles. On the one hand you've got people who say money is the root of all evil. The other extreme says if you do the right things, God will reward you with health and wealth and who knows what else.

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