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Save More Money with Indexed Funds

By Kevin

Chart of the performance of index funds management expense ratio (MER) versus active funds management expense ratio (MER).

In my short investment journey, I have read books, articles, and blog posts about the merits of index funds. “Invest in index funds”, they say, “and stop wasting your money on management fees!” Are the authors really telling the truth? Passive investing The idea behind an index fund is simple enough: all it does is… [Read More]

Filed Under: Avoiding Scams, Growing Your Wealth, Investing, Saving Your Money Tagged With: active investing, Canada, compound growth, index funds, management expense ratio, marketing scams, mutual funds, passive investing, stocks

Should I Go with a Fixed or Variable Rate Mortgage?

By Kevin

As some of you might know, we recently made the decision to purchase a condominium. As the unit is still under construction, we won’t be able to move in until sometime in January. The long period of delivery posed a problem when attempting to get a mortgage approval from traditional places such as ING Direct,… [Read More]

Filed Under: Miscellaneous, Real Estate, Saving Your Money Tagged With: condominium, debt, emotions, fixed rates, home ownership, interest rate risk, interest rates, mortgages, planning, variable rates, Yakezie

The Art of Negotiation: Remembering the Little Things

By Amo Tango

Today’s post is brought to you by Amo Tango, our new guest writer at Invest It Wisely. She will be stopping in every now and then with her personal life experiences and wise advice. We welcome her to the site and look forward to reading more about her adventures! I think most people in this… [Read More]

Filed Under: Miscellaneous, Opinion, Saving Your Money Tagged With: bargaining, Cambodia, negotiation, organization, rent, Senegal, Taiwan, Thailand, Vietnam

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

Why Should I Buy a Used Car?

By Kevin

When I first started driving, I drove a real beater car; one of those 80s American cars. The power steering didn’t work too well, the passenger side floor had a hole in it, and the head gasket blew after only a few months of driving. After repairing that, one of the pistons melted, and after… [Read More]

Filed Under: Growing Your Wealth, Opinion, Saving Your Money Tagged With: car ownership, depreciation, used cars

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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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