Helping Canadians with Personal Finance Since 2006
Learn how to save money, build an investment portfolio, and become financially independent - from a middle-class Canadian who has actually done it!
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Most Recent Articles
Qtrade Review 2025 – Canada’s Best Broker
Current Qtrade New Customer Promotion Qtrade currently has the best cash-back offer on the market in an effort to get you to try their platform. …
Best Canadian Online Brokers – April 2025
As we roll into April 2025, it’s time to take another look at our Best Online Brokerages in Canada rankings. With RRSP season behind us,…
Best Canadian Dividend Stocks – April 2025
As we look ahead to April and May, our 2025 Best Canadian Dividend Stocks list has been updated to help your portfolio weather the economic…
Rebalance My Investment Portfolio: How, Why, and When
With all of the recent volatility in the stock market, I’ve been getting a lot of inquiries about rebalancing investment portfolios. Other inquiries have read…
Best Canadian Bank Account Promotions 2025
At any given time, there are numerous bonus offers and bank account promo codes available. But how do you decide which Canadian bank promotions are…
The 11 Best Cash ETFs in Canada (Plus HISA ETFs and Money Market ETFs)
Due to all of the tariff talk, there has been a lot of interest in Canada’s Best Cash ETFs and other low risk investments lately.…
Best 2025 Broker Promo
Up to $150 Sign Up Bonus!
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About Us
Thanks for Stopping By...
If you're new around here, I go by Frugal Trader and I started this site back in 2006 to set goals for myself and track my learning progress. Over the last fourteen years, I've publicly shared my path to financial freedom, from what discount brokerages and high interest savings accounts I use, to the unique ways I've found to save money.
The Million Dollar Journey team is proud to now include writers from all across Canada, representing a diverse array of backgrounds and unique points of view.
If you want to learn more about me and my team, check out our About Page. If you want to learn more about Canadian money stuff like RRSPs, TFSAs, and daily savings tips, start with our Financial Freedom 101 section. Finally, if you want to receive the free eBook I recently wrote about how to organize your Canadian life and portfolio for retirement at any age, simply sign up below.
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Highest Rated Product Reviews
Qtrade Review 2025 – Canada’s Best Broker
Current Qtrade New Customer Promotion Qtrade currently has the best cash-back offer…
Questrade Review 2025
Is Questrade Safe & Secure? One of the most common questions that…
Wealthsimple Review 2025
What is Wealthsimple? Wealthsimple was founded back in 2014 by Michael Katchen,…
EQ Bank Review 2025
EQ Bank Account Options and Interest Rates Account Type Interest Rate Best…
Dividend Stocks Rock Review 2025
Investing on your own is not an easy task. From mutual funds…
Neo Financial Mastercard Review 2025
The new Neo Financial Mastercard or “Neo MastercardTM” is the next big…
Justwealth Review 2025
Why Justwealth? As I’ve updated my Justwealth review over the years, they…
Community is everything.
Million Dollar Journey.com began back in 2006, and boasts nearly 50,000 comments. Benefit from their collective wisdom and read what our community has to say about Canadian finance in 2025.
That is true, but I don’t plan to hold just Canadian stocks. I’m still holding a few growth stocks and…
March 24, 2025 on post Safe Retirement Withdrawal Rate Strategies in CanadaWhat about forward yields? I sold CASH last year in favor of ZMMK to park cash I need for renovations.…
March 24, 2025 on post The 11 Best Cash ETFs in Canada (Plus HISA ETFs and Money Market ETFs)Hi Kim – the 4% rule would be difficult to stick to at 72, but here’s the nice thing about…
March 23, 2025 on post Safe Retirement Withdrawal Rate Strategies in CanadaHi Mike, The problem with that theory is that dividends can be cut. If you’re in all-Canadian stocks yielding 4%…
March 23, 2025 on post Safe Retirement Withdrawal Rate Strategies in CanadaWhy haven’t you updated this since Dec 2021? I want to see how this portfolio handled the major market crash…
March 23, 2025 on post Indexed Family Education Fund (RESP) Portfolio Update – 2022 EditionIf my investments are primarily in dividend stocks that show a history of dividend increases and solid management, and the…
March 17, 2025 on post Safe Retirement Withdrawal Rate Strategies in CanadaWhile the 4% safe withdrawal rule (or 3.5% or whatever) sounds great, doesn’t it fly out the window when at…
March 17, 2025 on post Safe Retirement Withdrawal Rate Strategies in CanadaI keep a bank account as a Canadian expat, living in Taiwan. It’s CIBC. Would this be a viable option…
March 15, 2025 on post EQ Bank Review 2025
Final notes for your journey
Get free instant access to our #1 article each week!
We've got a ton of information here , and after helping thousands of Canadians get started over the years, I know the information overload can be a bit intimidating.
Every journey begins with just a small step! If you are unsure where to start, check out these index investing strategies or Canadian dividends guide, two of my most useful money making methods over the years. Or read my net worth updates to see exactly what I did to reach the million dollar mark.
Be good with your money and thanks for being a part of the MDJ Community. Don't forget to sign up below so that you'll get our "Monday Morning Coffee" email that will fill you in on the writing we have done that week.
- FT and the Million Dollar Journey Crew
Kyle Prevost
Mike, I think you should really look at simplifying your portfolio. ZGRO is not yielding 5.5% right now – I…
March 30, 2025 on post Safe Retirement Withdrawal Rate Strategies in Canada