“Slump? I ain’t in no slump. I just ain’t hitting.” – Yogi Berra How did you do with the 12 questions in stock market quiz? We have found that most investors have quite exaggerated views about stock market risks, especially after 2008. The bear market has created fear, much of which is completely unrealistic, based…

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Welcome to the Million Dollar Journey January 2010 Net Worth Update – New Beginnings Edition! If you recall, 2009 was a great year for net worth growth.  With stock markets and savings up for 2009, we managed to increase our net worth by 29%. What’s on the horizon for 2010?  I’m hoping for more of…

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I am a big fan of credit card rewards programs, like cash back or travel, especially those with generous spending rewards coupled with a solid insurance package.  One such card that comes to mind is my favorite free card of all time, the MBNA SPG credit card.   This card gives a healthy 2-5% return…

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There was a question left in the “How RESP’s work” thread asking about carrying forward CESG amounts in the case of years with smaller RESP contributions.  It makes sense, there are years where contributing $2500 to an RESP to maximize the CESG ($500) from the government can be a bit tough to achieve. There is…

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As per the annual tradition since I’ve started Million Dollar Journey, it’s time to declare some financial goals for the New Year.  As I’ve written before, I believe that setting realistic goals are important in making progress towards desired, bigger picture milestones.  For me, one of my bigger picture financial goals is to be a…

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Personal finance money ratios is something that you may have seen from reading other personal finance blogs. Basically, common stock ratios like current ratio (assets/liabilities), debt to equity ratio, income to debt, or cash flow are applied to personal finance instead of companies. Although I haven’t calculated money ratios for my finances, I’ve always had…

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