It’s time again for the monthly net worth update – The Halloween 2007 edition. October was an interesting month for us.  We sold our house and moved into a rental while our new home is being constructed.  As we currently are in limbo, our net worth statement will be a shaken up where the assets…

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I was going through some old stuff and found an old finance book that was written in 1990 called Wealth Building without Risk For Canadians.  Within this book had a whole chapter on investing in second mortgages.  I’m not sure how common these second mortgages are these days but as I am interested in real…

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So, after you’ve followed the criteria for purchasing a rental investment property and snapped one up, how do you screen your potential tenants? I’ve been a landlord for a few years now and I’ve seen it all when it comes to tenants.  Good ones, bad ones, all shapes/sizes, and all financial the predicaments you can…

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The book reviews keep rolling in!  Since doing my last book review on “An American Hedge Fund”, Hector Barreto contacted me to request a review his new book “The Engine of America: The Secrets to Small Business Success From Entrepreneurs Who Have Made It!”.  Of course I agreed as I enjoy business/finance related books and even…

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This is an interesting question that applies to just about everyone.  What do you do when a friend or family member asks to borrow some money from you?  What is your rule?  Or do you have one? Personally, I try to avoid lending money to friends and especially relatives.  However, I give the exception to…

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I was reading Clever Dude the other day where he posted about how his blog has affected him.  I thought it was an interesting topic so I thought I would borrow the idea. Million Dollar Journey has actually had a big influence on my financial life.  The original goal of the blog was to help…

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Since our last interview QCash, the guy who retired @ age 36 with a net worth of over $2 million, we have received a tremendous response from readers looking for more info on the early retiree.  I’ve contacted QCash and he has kindly taken the time to write an update on his early retirement. Thank…

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