Maximizing your EV in life
Is there such a thing as a guaranteed rate of return? There seems to be a trend for people to “flock to safety” by buying certificates of deposit (CDs) or their Canadian equivalent, guaranteed investment certificates (GICs). There is no risk if a capital loss, at least in nominal terms. However, money is… [Read More]
With recent bank promotions of 2.99% fixed for four years (some even for five years!), there have been a lot of discussions on whether it’s a better deal to go for a fixed-rate or not. What do you think? Better to go for a fixed-rate, or a variable-rate? In this post, I’ll compare both scenarios,… [Read More]
I recently received a question from Rachel, a reader here at Invest It Wisely, and with her permission I am publishing the question here so we can get feedback from fellow readers and bloggers. Rachel is concerned about her mom’s retirement. Her mother is self-employed and has no other relatives to lean on other than… [Read More]
I started this blog nearly two years ago (does time ever fly by), and since then I have written series of posts covering a wide range of topics, such as buying your first home, how to invest for your retirement, and building your path toward financial freedom. I have greatly enjoyed writing about all of… [Read More]
The following is a guest post by fellow blogger My Money Design. As a homeowner you know that the price of any home repair or project, no matter how small, can be outrageous! As a result, some of us opt to brave these tasks ourselves. But even though the journey may start out because we’re… [Read More]
