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How to Use Fear to Manipulate People

By Kevin

What is fear? Why do we experience fear, and how does it affect us? Well, fear is quite simply one of the most basic and primal emotions that we are capable of experiencing. Most animals share this emotion with us, from mice to men. Fear is the drive that takes us away from danger, and… [Read More]

Filed Under: Avoiding Scams, Opinion, Saving Your Money Tagged With: active management, bond yields, bonds, deflation, dollar cost averaging, emotions, fear, fixed rates, home ownership, inflation, interest rates, manipulation, market timing, mortgages, mutual funds, variable rates, warranties

Is It Time to Nuke the Spill?

By Kevin

Another week passes by, and another tens of thousands of barrels of oil gush out into the Gulf of Mexico, adding to what is possibly the U.S.’ worst environmental disaster. With the failure of one attempt to stop the leak after another, pundits are now starting to look at more drastic (and perhaps insane) alternatives,… [Read More]

Filed Under: Miscellaneous, Weekend Reading Tagged With: arbitrage, austerity, Austrian economics, automation, beating the index, bonds, BP, brain science, currency depreciation, debt, entrepreneurship, EU, feedback, finance, foreclosure, foreign exchange, gold, Greece, Guatemala, home ownership, homeowner's association, housing bubble, index funds, interest rates, manipulation, mortgages, nuclear explosion, oil, oil spill, paper gold, retirement, riches, sinkhole, slavery, speculative bubble, value investing, Yakezie

9 Myths We Can’t Afford: Can the Printing Press Achieve Paradise on Earth?

By Kevin

The printing press: A fearsome, powerful tool. Used in the hands of a private man, he is branded a counterfeiter, and rightly so; his fake bills were created into existence without any value in exchange. Used in the hands of the government, however, the printing press suddenly becomes a legitimate policy tool, used to manipulate… [Read More]

Filed Under: Miscellaneous, Opinion, Philosophy Tagged With: currency, currency depreciation, debt, foreign exchange, inflation, interest rates, manipulation, money, savings, sovereign risk, speculative bubble, store of value, wealth

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

Fixed Rate and Variable Rate Mortgages: Which is Better?

By Kevin

Chart of the interest saved over 5 years for the first 5 years of a 25 year amortization by selecting a variable rate instead of a fixed rate.

With the recent “scary news” coming from economists and the Bank of Canada, it appears that interest rates will start going up this summer. Indeed, as I showed in Interest Rate Mania: Where is the Housing Market Going?, interest rates are at historical lows and it wouldn’t be prudent to expect them to stay this… [Read More]

Filed Under: Market Analysis, Real Estate, Saving Your Money Tagged With: home ownership, housing bubble, inflation, interest rates, mortgages

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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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