One day, I want to get out of the rat race; I want to break free of the cage. What does getting out of the rat race mean? The meaning is different for each person, but to me, retirement and getting out of the rat race are synonymous: They both mean freedom from working out… [Read More]
Interested in where interest rates are going?
Not too long ago, the Bank of Canada raised the benchmark overnight rate by 0.25%. The ongoing sentiment at that time was that the Canadian economy was starting to heat up, and interest rates were about to start their long upward climb. People rushed to get into 5-year fixed mortgages, notwithstanding the fact that even… [Read More]
Meet Andrew Hallam: The Millionaire Teacher
I am pleased to have the honor of having Andrew Hallam with us today for an interview. Andrew is a highly respected investor currently living in Singapore, where he works as an English teacher at Singapore American School, and writes freelance finance articles. Nominated a finalist for two Canadian National Publishing Awards, his writing has appeared… [Read More]
The Art of Negotiation: Remembering the Little Things
Today’s post is brought to you by Amo Tango, our new guest writer at Invest It Wisely. She will be stopping in every now and then with her personal life experiences and wise advice. We welcome her to the site and look forward to reading more about her adventures! I think most people in this… [Read More]
Purchasing Your First Home: Questions and Decisions to Consider
I’ve recently talked about some topics related to housing, such as the advantages and disadvantages between a house and a condominium, as well as the difference between a variable-rate and fixed-rate mortgage. I must admit that my interest was more than just academic, as I now have a personal stake in the matter as well:… [Read More]
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