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]
How Much Should I Save, and Why?
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]
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]
Weekend Reading: The New Year Begins
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]
A 20 Minute Guide to Investing
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]