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I Didn’t Know Squat About Finances when I Was in College

By Kevin

Roshawn Watson recently wrote a very interesting post on why young people are avoiding investing their money in record numbers. He outlines three main reasons: fear, ignorance, and inexperience. As a (still) young person, myself, I can relate to all three of these reasons. In my own experience, ignorance has been the predominant reason why I… [Read More]

Filed Under: Growing Your Wealth, Investing, Miscellaneous, Opinion, Philosophy Tagged With: Canada, finance, Investment, Mutual fund, Registered Retirement Savings Plan, RRSP, Tax-Free Savings Account

How to Plan the Ultimate Retirement

By Guest

This is a guest post from LaTisha who teaches basic investing concepts at Financial Success for Young Adults. Learn how to retire with tax free money, how much to save to buy a house, and more at www.youngadultfinances.com. If you haven’t started planning for retirement yet it might be because you don’t know where to… [Read More]

Filed Under: Growing Your Wealth, Opinion Tagged With: cash flow, Dividend, investing, Investment, Life annuity, retirement, Stock

Savings = Freedom

By Kevin

I have often heard the phrase “debt = slavery”; when we are in debt, our lives are basically owned by our creditors, our employers, the government, and anyone else whose assistance and support we rely upon. If debt is slavery, then what is freedom? If we have no debt, are we truly free? When I was… [Read More]

Filed Under: Growing Your Wealth, Investing, Miscellaneous, Opinion, Paying Down Debt, Saving Your Money Tagged With: debt, home, Investment, money, personal finance

What Investors Really Want

By Kevin

I recently had the opportunity to read “What Investors Really Want: Know What Drives Investor Behavior and Make Smarter Financial Decisions“, by Meir Statman. While many books on investing focus on the mechanics of investing in stocks, bonds, etc… this book instead looks at the investors themselves; it focuses on the emotional and intrinsic benefits… [Read More]

Filed Under: Book Reviews, Growing Your Wealth, Investing, Miscellaneous Tagged With: Behavioral economics, Hedge fund, Index fund, Investment, money

Investing: Four Misconceptions on Risk

By Guest

The following is a guest post by Mathieu Bouville. Misconception #1: Risk is measured by volatility Risk is a fuzzy concept. It is often equated with volatility, i.e. the tendency of the value of an investment to swing wildly: going from gains to losses and back again. But this cannot be a satisfactory definition: if… [Read More]

Filed Under: Growing Your Wealth, Investing, Market Analysis, Opinion Tagged With: Investment, Purchasing power, retirement, Savings account, Stocks and Bonds

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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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