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The Difference Between Saving and Investing

By Guest

saving or investing

Everyone knows that it is smart to have some money put aside in case the worst happens, but where should it go? And what is the difference between savings and investments? Traditionally, savings accounts are held with banks and there are many different types of on offer, including those that require notice to access funds… [Read More]

Filed Under: Growing Your Wealth, Investing, Saving Your Money Tagged With: investing, Investment, money, Saving, Savings account, Stock

Why I Love Being a Landlord

By Greg Johnson

The following is the first staff post by Greg Johnson. Please join me in welcoming him to the site! When people use the term “investing,” they are usually talking about investing money in the stock market. Whether that is through the purchase of single stocks, mutual funds, or retirement accounts, their idea of investing is… [Read More]

Filed Under: Growing Your Wealth, Real Estate Tagged With: business, investing, Investment, Landlord, passive income, real estate, renting

Reader Question: Helping a Mother Save for Retirement

By Kevin

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]

Filed Under: Avoiding Scams, Growing Your Wealth, Investing, Miscellaneous, Opinion, Reader Questions, Saving Your Money, Stories Tagged With: Canada, Index fund, investing, Investment, Mutual fund, Real estate investment trust, retirement, Vanguard

Commodity Trading 101

By Guest

Stocks can make lucrative investments, but also risky ones. When trading stocks, your cash returns are at the mercy of the whims of the businesses in which you have invested your hard-earned money. If you’re looking for a safer investment, you may want to consider commodity trading. Commodities are generally raw materials or agricultural products… [Read More]

Filed Under: Growing Your Wealth, Investing, Precious Metals Tagged With: business, Commodities and Futures, Commodity, Commodity market, Futures contract, investing, Investment, trade

Why I Wish I Controlled My Pension

By Teacher Man

The following is a post by staff writer Teacher Man. This is his first post for Invest It Wisely; please join me in welcoming him to the site! There has recently been a spate of articles on the internet about how jealous people are of public sector “gold-plated pensions” in Canada. I’m fairly certain that… [Read More]

Filed Under: Growing Your Wealth, Investing, Miscellaneous, Opinion, Stories Tagged With: Canada, investing, Pension, Pension fund, personal finance, retirement

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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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