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Chargebacks: A Handy Weapon in the Fight Against Unscrupulous Merchants

By Kevin

The world of internet commerce has exploded over the past few years; nowadays, you can purchase almost anything imaginable on the web. When it comes to making purchases online as well as offline, you want to deal with a merchant you can trust. However, problems can always arise, especially when you deal with a merchant… [Read More]

Filed Under: Avoiding Scams Tagged With: scams

Fixed Rate and Variable Rate Mortgages: Which is Better?

By Kevin

Chart of the interest saved over 5 years for the first 5 years of a 25 year amortization by selecting a variable rate instead of a fixed rate.

With the recent “scary news” coming from economists and the Bank of Canada, it appears that interest rates will start going up this summer. Indeed, as I showed in Interest Rate Mania: Where is the Housing Market Going?, interest rates are at historical lows and it wouldn’t be prudent to expect them to stay this… [Read More]

Filed Under: Market Analysis, Real Estate, Saving Your Money Tagged With: home ownership, housing bubble, inflation, interest rates, mortgages

Getting Started on the Path to Wealth

By Kevin

In this world, some of us are rich, some of us not so rich. Some of us are lucky enough to be born into wealth, but most of us have to work for it. However, even if you are not currently wealthy, it is always possible for you to get started on the road to… [Read More]

Filed Under: Book Reviews, Growing Your Wealth, Opinion, Philosophy, Saving Your Money Tagged With: Babylon, money, personal growth, savings, wealth

Gold as an Investment: Performance over Time

By Kevin

Chart of the federal funds effective rate, from 1975 to 2010.

Last week, I introduced gold and talked about the allure of this precious metal. Due to gold’s spectacular rise in recent years, interest in the yellow metal has been increasing. Ever since the 2008 financial crisis and the subsequent efforts of governments to stimulate their economies, people have been increasingly taking a hard look at… [Read More]

Filed Under: Investing, Market Analysis, Opinion, Precious Metals Tagged With: currency depreciation, debt, gold, Greece, inflation, interest rates, sovereign risk, speculative bubble, store of value, Wilshire 5000

Canadian Dollar and US Dollar at Parity, Once Again

By Kevin

The Canadian Dollar and the US Dollar are at par, once again! The last time this happened was back in September 2007, and the time before that was in November 1976. Great… I’m Canadian! So now what can I do? Well, if you don’t live far from the U.S. border, now might be a good… [Read More]

Filed Under: Miscellaneous, Opinion, Saving Your Money Tagged With: Canada, currency, currency depreciation, foreign exchange, parity

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About Invest It Wisely

Invest It Wisely is about evaluating the choices that each of us face everyday. It’s about investing your time, your money, and your energy wisely, in order to achieve your goals. The end goal is maximizing your life expectation, and exploring the ways to get there.

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