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A Few Simple Frugal Tips to Healthy Living, Eating, and Exercise

By Kevin

Yesterday, I talked about how I recently shifted to a more primal way of living, and how both my mental and my physical health have dramatically improved, as a result. Today, I want to share some frugal tips with you on how you can also improve your health and fitness, without breaking the bank! So,… [Read More]

Filed Under: Healthy Living, Opinion, Saving Your Money Tagged With: bodyweight exercises, CAFOs, circadian rythm, diet, exercise, frugal living, grains, health, intermittent fasting, lighting, meditation, omega-3s, primal, self help, self improvement, sunlight, Tabata sprints, trans fats, Yakezie

How Mutual Funds Rip You Off with Extra Fees and Charges

By Kevin

In my last post, I showed how index funds allow you to save more money by losing less of your investment returns to management fees. Here is what different management expense ratio (MER) levels will cost you on an initial $10,000 investment at 10% growth compounded annually:

Filed Under: Avoiding Scams, Growing Your Wealth, Investing, Saving Your Money Tagged With: back-end load, deferred sales, front-end load, index funds, low load, management expense ratio, marketing scams, mutual funds, sales charge

Save More Money with Indexed Funds

By Kevin

Chart of the performance of index funds management expense ratio (MER) versus active funds management expense ratio (MER).

In my short investment journey, I have read books, articles, and blog posts about the merits of index funds. “Invest in index funds”, they say, “and stop wasting your money on management fees!” Are the authors really telling the truth? Passive investing The idea behind an index fund is simple enough: all it does is… [Read More]

Filed Under: Avoiding Scams, Growing Your Wealth, Investing, Saving Your Money Tagged With: active investing, Canada, compound growth, index funds, management expense ratio, marketing scams, mutual funds, passive investing, stocks

Should I Go with a Fixed or Variable Rate Mortgage?

By Kevin

As some of you might know, we recently made the decision to purchase a condominium. As the unit is still under construction, we won’t be able to move in until sometime in January. The long period of delivery posed a problem when attempting to get a mortgage approval from traditional places such as ING Direct,… [Read More]

Filed Under: Miscellaneous, Real Estate, Saving Your Money Tagged With: condominium, debt, emotions, fixed rates, home ownership, interest rate risk, interest rates, mortgages, planning, variable rates, Yakezie

The Art of Negotiation: Remembering the Little Things

By Amo Tango

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]

Filed Under: Miscellaneous, Opinion, Saving Your Money Tagged With: bargaining, Cambodia, negotiation, organization, rent, Senegal, Taiwan, Thailand, Vietnam

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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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