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Most Recent Articles
FHSA: Canada’s Tax-Free First Home Savings Account
With the government having launched the First Home Savings Account (FHSA) in 2023, more first-time home buyers should really be looking to take…
Best Canadian Dividend Stocks – December 2023
As we update our list of the Best Canadian Dividend Stocks for December 2023, we continue to focus on four key areas: As…
BMO SmartFolio Review 2023
I’m a huge fan of robo advisors, and BMO’s robo advisor: SmartFolio is no exception to that. If you’re not familiar with robo…
Investing in Canadian Bank Stocks 2024
With Canada’s big banks all reporting Q4 earnings this week, we thought we’d take a look at investing in Canadian bank stocks in…
The 5 Best Defensive Stocks in Canada for 2024
With Canadian dividend stocks getting hit hard this year, several people have commented asking me what the best defensive stocks in Canada are. …
Withdrawing From RRSP/TFSA to Fund Early Retirement
As I transition into early retirement (after reaching financial independence) I find myself having to shift from an accumulation mindset to a spending…
Simplii Financial Review
If you prefer to do all your banking from the comfort of your home and don’t mind not having access to face-to-face help…
Wealthsimple Review 2023
What is Wealthsimple? Wealthsimple was founded in 2014 by Michael Catchen, Brett Huneycutt and Rudy Adler. Today it has grown into one of…
Financial Freedom Update Nov 2023 – $78.8k in Dividend Income!
Welcome to the Million Dollar Journey November 2023 Financial Freedom Update – the third update of the year! If you would like to follow my…
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.
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"I've completed my million dollar journey...
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Instantly download our free eBook on tips for how to organize your RRSP, TFSA, and other investments, in order to get the most out of your retirement at any age.
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Highest Rated Product Reviews
Questrade Review 2023
Is Questrade Safe & Secure? One of the most common questions that…
Wealthsimple Review 2023
What is Wealthsimple? Wealthsimple was founded in 2014 by Michael Catchen, Brett…
EQ Bank Review 2023
EQ Bank Account Options and Interest Rates Account Type Interest Rate Best…
Qtrade Review 2023 – Canada’s Best Broker
What Is Qtrade Direct Investing? Is it Legit? Qtrade Direct Investing is…
CI Direct Investing Review 2023 (Formerly WealthBar)
What is CI Direct Investing and Is It a Robo Advisor? CI…
Dividend Stocks Rock Review 2023
Investing on your own is not an easy task. From mutual funds…
BMO Investorline Review 2023
Is BMO Investorline Safe and Trusted? In a word, YES. As one…
Neo Financial Mastercard Review 2023
The new Neo Financial Mastercard or “Neo CardTM” is the next big…
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 2023.
- Peggy on Best Canadian Dollar (CAD) ETFs for U.S Equities: “Hi love your article. Thank you. Do you have an article about the Best Canadian Dollar (CAD) ETFs for QQQ?” Dec 4, 14:21
- on Where to Put your Investments for Maximum Tax Efficiency: “Stay tuned for next week’s article Leo!” Dec 1, 02:52
- on Withdrawing From RRSP/TFSA to Fund Early Retirement: “I was wondering if you could comment on using non-registered Cdn dividend paying ETF’s or stocks that are eligible for…” Nov 29, 22:13
- on EQ Bank Review 2023: “The only detraction from EQbank services is that they limit how much you can deposit in a savings a/c as…” Nov 27, 09:02
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
