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Gold Versus Fiat and the Mother of All Bubbles

By Kevin

The price of gold has recently been shooting through the roof. As of the time of this writing gold is hovering near $1870. It seems like only a short while ago when I was wondering if $1500 was near. What’s going on with the price of gold? Is this the beginning of a mania phase… [Read More]

Filed Under: Growing Your Wealth, Investing, Market Analysis, Miscellaneous, Opinion, Philosophy, Precious Metals, Saving Your Money Tagged With: bonds, Canada, central bank, credit, currency depreciation, debt, economics, economy, education, federal reserve system, fiat money, finance, gold, Gold as an investment, gold confiscation, gold conspiracy, home ownership, housing bubble, index funds, inflation, interest rates, lifestyle, monetary policy, money, Money supply, mortgages, paper gold, personal finance, politics, retirement, riches, savings, sovereign risk, speculative bubble, stocks, United States, Warren Buffett, wealth

How Much Should I Save, and Why?

By Kevin

Me: Baby, how much should I save, and why? Her: How much? A lot. Why? To make me happy. We each have our own reasons for saving… what are yours? How much should I save, and why? Before we can answer this question, we need to ask another question: What is my time preference? In… [Read More]

Filed Under: Growing Your Wealth, Investing, Market Analysis, Miscellaneous, Opinion, Paying Down Debt, Philosophy, Saving Your Money Tagged With: bonds, credit, credit cards, currency depreciation, debt, economy, education, finance, gold, health, home ownership, housing bubble, index funds, inflation, interest rates, lifestyle, money, money management, mortgages, motivation, mutual funds, personal finance, personal growth, planning, politics, rat race, retirement, riches, Saving, savings, self help, self improvement, sovereign risk, speculative bubble, stock market, stocks, wealth

Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School

By Kevin

Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School

Is it possible to become a millionaire, on a teacher’s salary? Teacher and author Andrew Hallam seems to think so, and he shares his lessons in his upcoming book “Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School“. I have always enjoyed reading Andrew’s personal finance and investing advice on his… [Read More]

Filed Under: Growing Your Wealth, Investing Tagged With: Andrew Hallam, education, finance, index funds, lifestyle, money, motivation, mutual funds, planning, retirement, riches, savings, wealth

Weekend Reading: The New Year Begins

By Kevin

It’s already one week into the new year, people are returning from vacations, and school is starting up again. The holiday season has come to a close, but here at Invest It Wisely, there is still one active giveaway! Read on to find out more… Winners of the previous giveaways I’d like to congratulate the… [Read More]

Filed Under: Miscellaneous, Weekend Reading Tagged With: 2011, bonds, career tips, Civ V, conspiracy theories, contest, credit score, currency wars, debt, debt-free living, early retirement, early retirement extreme, economics, education, Federal Reserve, financial survival, free, funny, giveaway, gold, hardship, housing markets, income trusts, index funds, inflation, inspirational, iphone, late retirement, magic number, mood, motivation, new year, New Year's resolutions, paranoia, predictions, profit, propaganda, Ramit Sethi, regression theorem, Renaissance Man, renting, retirement, riches, self help, self improvement, sleep, speculative bubble, The American Dream, The Fed, theft, upselling, urban farming

A 20 Minute Guide to Investing

By Kevin

I recently read Barbara Friedberg’s 20 Minute Guide to Investing. This guide is an intro to investing that covers the basics of what you need to know, before you start investing. Barbara covers many topics, including the following: What should I do before I invest? Why should I invest? What is investing, and what are… [Read More]

Filed Under: Book Reviews, Growing Your Wealth, Investing, Miscellaneous Tagged With: asset allocation, bonds, compound growth, debt, dollar cost averaging, emergency fund, ETFs, index funds, inflation, management expense ratio, mutual funds, rat race, REITs, retirement, stocks

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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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