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Couple Living, in a Small Space

By Kevin

When looking for a new home, one of the most important attributes of the home is the amount of living space that is going to be available. There are a lot of different items and tradeoffs to consider, such as where you are in life now, what needs you’ll have in the next five years,… [Read More]

Filed Under: Healthy Living, Miscellaneous, Opinion, Real Estate Tagged With: condominium, couple living, high-rise living

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

Purchasing Your First Home: Questions and Decisions to Consider

By Kevin

I’ve recently talked about some topics related to housing, such as the advantages and disadvantages between a house and a condominium, as well as the difference between a variable-rate and fixed-rate mortgage. I must admit that my interest was more than just academic, as I now have a personal stake in the matter as well:… [Read More]

Filed Under: Miscellaneous, Opinion, Real Estate Tagged With: condominiums, condos, fixed rates, houses, interest rates, mortgages, variable rates

Your First Home: a Condo, or a House?

By Kevin

When looking for your first (or subsequent) home, you have one big decision to make before you look further: “Should I get a condo, or should I get a house?” The decision depends on where you are in life, and what you are looking to get out of your new home. Condos have become all… [Read More]

Filed Under: Opinion, Real Estate Tagged With: condominium, house, housing bubble, lifestyle, speculative bubble

Have a Lump Sum? Should You Pay Off the Mortgage Faster or Invest It Instead?

By Kevin

I have recently been considering buying a property (yes, even with the still-high real estate prices up north) since I have been renting for many years now and our rent is quite expensive, and no need to risk losing money and having to borrow or get online payday loans. We have managed to save enough… [Read More]

Filed Under: Growing Your Wealth, Investing, Opinion, Real Estate, Saving Your Money Tagged With: debt, home ownership, interest rates, mortgages, planning

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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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