Maximizing your EV in life
The following is a staff post by My University Money. Repeat after me: Everything is negotiable. This is one of the coolest personal finance tips that I have ever been given. I don’t have much interest in clipping coupons, or shopping for eight hours looking for that perfect deal on a basic product I want to buy…. [Read More]
This is the first in a series of articles on living to 100 and beyond. This post was originally published on May 17, 2010. Ever since time immemorial, humans have been born, they age, and one day, they die. Each of us is blessed with only a few short decades of youth; it’s all downhill… [Read More]
Is there such a thing as a guaranteed rate of return? There seems to be a trend for people to “flock to safety” by buying certificates of deposit (CDs) or their Canadian equivalent, guaranteed investment certificates (GICs). There is no risk if a capital loss, at least in nominal terms. However, money is… [Read More]
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]
I recently received a question from Rachel, a reader here at Invest It Wisely, and with her permission I am publishing the question here so we can get feedback from fellow readers and bloggers. Rachel is concerned about her mom’s retirement. Her mother is self-employed and has no other relatives to lean on other than… [Read More]
