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Most Recent Articles
Insurance and Wills for Canadian Expats
When I talked to several non-resident tax and investment specialists during my Covid quarantine-induced expat research frenzy, the topic that kept coming up…
Interactive Brokers (IB) Review Canada 2021
Comparing Interactive Brokers to Our #1 Discount Broker: Qtrade Is Interactive Brokers Safe and Secure? It’s Complicated Like other discount brokerages in the…
Canadian Online Discount Stock Brokerage Comparison 2021
As we enter into a new decade of dividend and index investing, I thought it was time for an update to our Canadian…
Spousal RRSP, What is it? How does it work?
Marriage, in many ways, represents a union of two people as a single unit. But under the Canadian tax system, those two people…
Mastering the Smith Manoeuvre and Turning Your Mortgage Into a Tax Deductible Investment Loan
We’ve been writing about the Smith Manoeuvre here at Million Dollar Journey for over a decade now! Since I have personally implemented the…
Best Canadian Robo Advisors 2021
Before we dive into our Best Canadian Robo Advisor picks for 2021 let’s take a step back to decide if robo advisors are…
Dividend Kings List – Companies with Annual Dividend Increases for Over 50 Years!
A reader has prompted me to update this post for 2021 (originally posted in 2016). Investing in Dividend Kings (aka Dividend Aristocrats) may…
Best Student Bank Account in Canada
You’re rushing to your 8am lecture with a hastily toasted bagel dangling from your teeth. Your half combed mane flaps through the air…
Indexed Family Education Fund (RESP) Portfolio Update – 2021 Edition
Welcome to the annual Registered Education Saving Plan (RESP) update where I show transparency on our indexed investment strategy to help pay for…
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, just click here to get an instant download.
Million Dollar Journey Chef's Recommended
Insurance and Wills for Canadian Expats
Interactive Brokers (IB) Review Canada 2021
"I've completed my million dollar journey...
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Highest Rated Product Reviews
Questrade Review 2021 [$50 Promo Offer Code]
Is Questrade Safe & Secure? One of the most common questions that…
Wealthsimple Review 2021- #1 Rated Robo Advisor & Wealthsimple Trade [UNIQUE PROMO]
* A Wealthsimple Promo Offer Coupon for You Wealthsimple has provided me…
EQ Bank Review 2021 – Canada’s Best Online Savings Account?
EQ Bank by a Genuine Customer After becoming a client when they…
Qtrade Review 2021 – Canada’s Best Broker
MDJ’s Exclusive 2021 Qtrade Offer: Best Broker Promo In Canada Open an…
CI Direct Investing Review 2021 (Formerly WealthBar) – The Robo Advisor for Canadian Expats
With CI Financial recently purchasing WealthBar and rebranding to CI Direct Investing,…
Dividend Stocks Rock Review 2021
Investing on your own is not an easy task. From mutual funds…
Scotiabank Review: Elite Chequing, Banking, and Credit Card Package
The ease of using Canada’s most international big bank is unparalleled. It…
BMO Investorline Review – Self-Directed Trading Fees, Safety, and Online Platform
*Unique BMO Investorline Prmotion Exclusive to MDJ readers: get up to $2,000…
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 2021.
- Curt on Best Canadian Robo Advisors 2021: “A friend of mine mention JustWealth to me, have you looked at that, what did you think?” Feb 26, 07:33
- on Mastering the Smith Manoeuvre and Turning Your Mortgage Into a Tax Deductible Investment Loan: ““HELOC interest payments will be capitalized. That is, the HELOC required payments will be paid by the HELOC itself. This…” Feb 23, 18:45
- on Mastering the Smith Manoeuvre and Turning Your Mortgage Into a Tax Deductible Investment Loan: ““Sell all existing stock from non-registered investment accounts and use it toward a down payment for step 2.” Is that…” Feb 23, 18:25
- on Should You Bet Your House on Blackberry?: “It seems like everyone’s cheering at the parade in this point. It’s not only Elon, it’s also Mark Cuban and…” Jan 31, 10:51
- on Should You Bet Your House on Blackberry?: “This is a good point John. I knew about all the people shorting Tesla stock (I believe at last count,…” Jan 30, 00:57
Final notes for your journey
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
