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Invest It Wisely

Maximizing your EV in life

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How I Almost Got Scammed: Lessons Learned from Trouble in “Paradise”

By Kevin

Enjoying Southeast Asia Last winter, me and the girlfriend went on a one month tour of Southeast Asia. It was a fantastic trip, and the countries we visited were very beautiful; we stopped by Vietnam, Cambodia, Thailand, and Taiwan. We took in a lot of sights, ate many different types of food, and took in… [Read More]

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Filed Under: Avoiding Scams Tagged With: kino, marketing scams, Neuro-linguistic programming, Phuket, salesmen, scams, Thailand, timeshare presentations

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:

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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]

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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

Investing It Wisely: What is It All About?

By Kevin

Life expected value

It’s been a little more than four months since I started out on this blogging adventure. I’ve enjoyed interacting with my fellow readers, joined a great community of bloggers, and I’ve learned a lot along the way. It’s time to revisit the original premise of this blog and see what it’s all about. In life,… [Read More]

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Filed Under: Miscellaneous, Opinion, Philosophy Tagged With: expected value, passive income, rat race, self improvement, travel

Weekend Reading: Camping Weekend Edition + A List of WordPress Plugins That I Use

By Kevin

A morph of Barack Obama and George Bush

Here is your weekend reading: Site Changes I’ve recently added a popular posts plugin, which shows the 5 most popular posts along the right sidebar. Since the statistics only started being collected as of yesterday, the rankings are biased in favor of the most recent posts. I’ve also added a top commentators plugin. I’m displaying… [Read More]

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Filed Under: Miscellaneous, Weekend Reading Tagged With: asset allocation, bull market, Bush, cheap vacations, compound growth, debt, DRIPs, economy, education, empire, entrepreneurialism, frugal living, HOAs, home ownership, Inception, life, morph, motivation, net worth, Obama, plugins, ponzi scheme, relationships, salesmen, self help, self improvement, spam, tax, themes, wordpress, Yakezie

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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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