Welcome to the Million Dollar Journey August 2009 Net Worth Update. There’s not a lot to report this time as not a lot has happened in the month of August.  The markets continue to edge upward but we are closing in on the volatile September and October months.  Do you expect a significant market correction…

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I’ve mentioned before in a book review that I was, at one point, very interested in flipping houses for profit.  What do I mean by flipping houses?  It means to purchase houses that need cosmetic (or more) work selling for well under market value, upgrade them, and sell them for profit (hopefully) in a relatively…

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Most people don’t get a lot of time off and when they do, they tend not to go away. I always ask my friends and former co-workers why they this is and, almost uniformly, they always say it’s because they simply can’t afford to do so. Like most people, they see images of vacations on…

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Just when you thought it was a gamble to invest in horizon beta pro double ETF’s, I’ve discovered a new set of ETF’s by Direxion that offer 3x the leverage (thanks Dave @ Canadian Money Forum). For those of you new to leveraged ETFs, they are Exchange Traded Funds that multiply the exposure of the…

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Sean, from Alberta, emailed me to ask if I could analyze his financial situation. Judging from his financial stats below, he is in great financial shape as he has relatively high income and no consumer debt. Now the fun begins. Here is the lowdown: Married w/ baby on the way. Gross $135k last year, on…

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