Hungarian Goulash (Gulyás)

Ingredients

• 2 lb (900 g) beef chuck, cut into cubes
• 2 large onions, finely chopped
• 2 tbsp lard or vegetable oil
• 2 tbsp Hungarian sweet paprika
• 3 cloves garlic, minced
• 1 green bell pepper, chopped
• 2 tomatoes, chopped
• 3 carrots, sliced
• 1 parsnip, sliced
• 3 medium potatoes, cubed
• 6 cups beef broth or water
• 1 tsp caraway seeds
• 2 bay leaves
• Salt and black pepper, to taste
• Fresh parsley, for serving