Welcome to the Million Dollar Journey March 2010 Net Worth Update. Another month, fortunately another net worth gain.  Usually when it comes to personal finance, there are two main lines of thought.  The first, and perhaps the most common, is to spend less than you earn.  This train of thought leads to frugality and separating your needs and wants.  The second line of…

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After a post last week about how annuities work, there were a lot of questions in the comments and via email from readers (and Kathryn).  Below is a list of common questions and answers about annuities.  If you have any additional questions, please add them to the comments. What are the advantages of annuities? You…

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You’ve asked for more real estate posts, and here it is.  Rachelle makes a living in investment real estate and will share with you some trade secrets. It is possible to make lots of money in real estate, but it can be difficult to get basic information. American information is abundant but much of it…

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Marriage has many benefits only some of which are financial. Shared housing, splitting pension income and shared resources are just a few of the financial advantages to being married. If you are in it for the long haul being married also comes with compromise. It’s not always possible to follow both sets of dreams when…

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It’s been over year since my last RESP portfolio update and probably would have been longer if it wasn’t for a reader request for a quick update. Our RESP portfolio for our child is setup with TD e-Series mutual funds which provide a low cost way to index the market.  I chose to go with mutual funds…

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Lately, I’ve been receiving a few questions regarding annuities.  As I only have a basic understanding of annuities , I emailed Brian Poncelet (CFP and insurance specialist) to provide more details on on the types of annuities.  For those of you fresh to the concept, investors who purchase an annuity would pay a lump sum…

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