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House VS Condo: The Debate Continues

By Mich

condo appartments

For first time home buyers, this age old question has probably reared its head one time or another. Single detached family home or high rise condo? This question slammed right into me (literally) when I was walking down the street looking at a condo for sale in downtown Montreal with a buddy of mine. The… [Read More]

Filed Under: Growing Your Wealth, Real Estate Tagged With: condo real estate, house vs condo

Don’t Be Emotional When It Comes to Your Mortgage

By Mich

paying down the mortgage

For most people, a home is the biggest single purchase that they will ever make. When you are in the early days of home ownership, and you are simply excited to have your name on the deed, paying the mortgage each month doesn’t feel like a burden. In fact, it can almost be exciting knowing… [Read More]

Filed Under: Financial Freedom, Growing Your Wealth, Real Estate Tagged With: money management, real estate

Dream Condo Found? 5 Mortgage Tips to Remember

By Mich

house for sale

Are you thinking of buying a Condo? It’s a big commitment, one that shouldn’t be taken lightly. Getting your mortgage approved may well seem like the most difficult step on the road to your dream home, but amidst finding the best mortgage rates don’t forget a few tips in order to avoid potential pitfalls. So you took… [Read More]

Filed Under: Growing Your Wealth, Real Estate

Saving Tax Dollars with the Principal Residence Deduction

By Mich

 Canadians get a big break when we sell our homes. Complaining about taxes is almost a sport in Canada, especially when we look to our U.S. neighbours for comparisons. But there are some areas in which we actually win the tax race, and one of these is our Principal Residence Exemption provision. Americans, for example,… [Read More]

Filed Under: Growing Your Wealth, Investing, Real Estate

How Does the Property Market Affect the Stock Market?

By Mich

There are so many things that affect the stock market, some of which may be obvious, while others are not quite so visible.  Typically, any movement in oil prices, inflation rates, employment rates or interest rates will affect the stock market. Additionally, wars, company mergers, company buy outs, bad company reports and natural disasters affect… [Read More]

Filed Under: Growing Your Wealth, Investing, Real Estate

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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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