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Invest It Wisely

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Should I Convert My Variable Rate Mortgage to a Fixed Rate Mortgage?

By Kevin

Chart of variable mortgage @ 2.30% versus a fixed rate mortgage @ 2.99%, 4 years, interest payments. Variable rates increase by 100 basis points per year

With recent bank promotions of 2.99% fixed for four years (some even for five years!), there have been a lot of discussions on whether it’s a better deal to go for a fixed-rate or not. What do you think? Better to go for a fixed-rate, or a variable-rate? In this post, I’ll compare both scenarios,… [Read More]

Filed Under: Growing Your Wealth, Paying Down Debt, Real Estate, Saving Your Money Tagged With: Basis point, Canada, Fixed interest, Fixed rate mortgage, Floating interest rate, Interest rate, Mortgage loan, mortgages

The Satisfaction of Doing Your Own Home Projects

By Guest

The following is a guest post by fellow blogger My Money Design. As a homeowner you know that the price of any home repair or project, no matter how small, can be outrageous! As a result, some of us opt to brave these tasks ourselves. But even though the journey may start out because we’re… [Read More]

Filed Under: Miscellaneous, Motivation, Opinion, Real Estate, Saving Your Money, Stories Tagged With: Dining room, Floor, Home improvement, Home repair, money, Wood flooring, YouTube

Why I Live in a Condo (And Not a House)

By Kevin

I have written a lot about our first home together, and also about living in a condo versus living in a house. After living in a condo for more than a year, I thought it would be fun to go over the major advantages and disadvantages, and recap just how it’s gone for us so… [Read More]

Filed Under: Growing Your Wealth, Miscellaneous, Opinion, Real Estate Tagged With: Apartment, condominium, house, Pet, real estate

Home Loan Comparison Services Save You Time and Money

By Guest

Are you a home owner who has recently undergone a life change? If you have recently married, had children, completed a home renovation or are looking to undergo a home renovation, or noticed that current interest rates are lower than they were when you took out your original mortgage, you may want to consider refinancing…. [Read More]

Filed Under: Growing Your Wealth, Real Estate Tagged With: Australia, Bank, business, Financial Services, Loan, Mortgage broker, Mortgage loan, refinancing

Does A House Beat Out A Good Retirement Plan?

By Guest

The following is a guest post by Compare the Market. Planning for your financial future is a lot like forecasting the weather. You can make some general assumptions about what might happen, but you never really know what to expect until you are much closer in. A job that was bringing in a steady income… [Read More]

Filed Under: Opinion, Real Estate, Saving Your Money Tagged With: AARP, business, finance, income, Pension, retirement, Retirement planning, Saving

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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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