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Invest It Wisely

Maximizing your EV in life

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Betting on the Future

By Kevin

Are you the type of person that occasionally likes to gamble? Do you ever go to the casino and play slots or table games, hoping to score a big hit? How about poker, a game in which skill plays a big part, as well as luck. Or perhaps you like to bet on horse racing?… [Read More]

Filed Under: Growing Your Wealth, Investing, Market Analysis, Miscellaneous, Opinion, Philosophy Tagged With: betting, gambling, growth, interest, lifestyle, nanotechnology, planning, prediction markets, rat race, retirement, riches, savings, speculative bubble, wealth

How Rich Are You?

By Kevin

In the beginning of time, every man was equally poor, or equally rich, depending on how you look at it. Then we discovered agriculture, and the surplus of food enabled specialization of labour, which gave birth to cities and to civilization. Since then, we’ve been more or less divided into three economic groups: The poor, the… [Read More]

Filed Under: Miscellaneous, Opinion, Philosophy Tagged With: capitalism, comparative advantage, lifestyle, riches, specialization, wealth

The Joy (And Folly) of Emotions

By Kevin

Ah, emotions… the spice of life; they are the medium by which we experience joy and happiness, motivation, fulfillment, and self-actualization. They push us along toward our goals, and serve as a check and balance on our behavior. I see emotions as a sort of yin-yang relationship: when they are in balance, we can perform optimally…. [Read More]

Filed Under: Healthy Living, Investing, Miscellaneous, Opinion, Philosophy Tagged With: emotions, envy, evolution, expected value, fear, feedback, health, lifestyle, motivation, personal growth, self help, self improvement, yin and yang

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

Becoming a Rich Man (or Woman)

By Kevin

Today, it is time to wrap up my review of “The Richest Man in Babylon” (Amazon affiliate link to the revised edition). Previously, I talked about getting started on the path to wealth, and seven wealth building strategies which will help you out on that path. The lessons taught in these posts are expounded in… [Read More]

Filed Under: Book Reviews, Growing Your Wealth, Healthy Living, Investing, Opinion, Philosophy, Saving Your Money Tagged With: Babylon, money, motivation, personal growth, riches, savings, self improvement, wealth

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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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