Nobleea, a regular reader here, posted a comment about being a user of E*Trade (now iTrade) Canada. Since I’ve never used E*Trade before, I thought it would be great to get a review from a long time user. Thanks Nobleea! Frugal Trader asked me to do a review of E*Trade (i-trade), as I am a…

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Continuing from yesterday's Universal Life Insurance article (Part 1), Ed Rempel now explains the various disadvantages of Universal Life Insurance. So, do we NEED universal life insurance? The main life insurance need most people have is income replacement. If you have anyone that is financially dependent on you (your family) and you want to know…

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Ed Rempel, a CFP and CMA, is a regular guest writer here on Million Dollar Journey. Today, he has written an informative and opinionated article regarding Universal Life Insurance. A must read for those contemplating different types of insurance.  This is Part 1 of 2. There is a saying in the insurance industry – “If…

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I don’t usually post on the weekends because most of the time the readers are out doing other things besides reading personal finance blogs.  However, last Saturdays post about your thoughts on sponsored reviews generated a bit of feedback, so I’m going to ask another question today. What are your favorite personal finance topics that…

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Some of you may have noticed some down time on Friday evening. I apologize for any inconvenience but it was a necessary evil. I upgraded Million Dollar Journey to the latest software update to patch up any security holes that were in the older versions. I’ve also added another feature on the blog that will…

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Did you realize that it’s Friday the 13th? Yea, I’m not superstitious either. I posted earlier this week about Canadian Real Estate Investment Trusts (REITs). Thicken My Wallet, Financial Jungle, and Canadian Capitalist has continued this theme with informative articles about various types of Income Trusts and how to pick them. Here are the articles:…

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Growing up dreaming of riches, I always looked at multiple streams of income to meet my dreams. I’ve thought about having rentals, businesses, investments, stock trading and my regular 9-5 job as sources. My question is, should I be focused on smaller multiple streams of income? Or focus on larger, single projects? So far, this…

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A lot of investors consider income trusts a big no-no or even a taboo subject. There are many reasons for this, among them include the fact that a lot of income trusts pay more in distributions than they receive in earnings. The biggest reason for their recent demise is that they will be faced with…

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