Archive for December 2012
Net Worth Update December 2012 (+1.75%) – Year End Summary and Giveaway Winners
Welcome to the Million Dollar Journey December 2012 Net Worth Update – The Year End Summary. For those of you new to Million Dollar Journey, a monthly net worth update is typically posted near the end of the month (or beginning of the next) to track the progress of my journey to one million in…
Read MoreTax Considerations for Gifts
MDJ has featured articles about charitable donation tax credits and using flow through shares to maximize your donations. But what about the tax issues surrounding gifts, which may be triggered when donating stocks, bonds, land or building to a registered charity. Personal collections such as sculptures, paintings, stamps, coins, or other antiques that would be…
Read MoreUS Stocks and Taxation, Asking for A Raise, Energy Efficient Appliances, and More!
Quick reminder that there is only one day left for the MDJ 6 Year Anniversary Celebration where there are over $3,000 in prizes to giveaway. Entries close Dec 22, 2012 5pm EST – get in while you can! US stocks and taxation @ Canadian Money Forum Do We Really Need Christmas Gift Exchanges Any More?…
Read MoreRESP Portfolio Update – December 2012
It’s been a couple of years since my last RESP portfolio update and probably would have been longer if it wasn’t for a reader request for a quick update. Since the last update, there has been a big change. Instead of managing one RESP, now there are two! We have the RESP accounts setup separately, but…
Read MoreIn 2013 the TFSA Contribution Limit Increases to $5500
On November 26, the Harper government announced that starting January 1, 2013 they will increase the Tax Free Savings Account (TFSA) limit by $500 to $5500. About 30% of Canadians who have a Tax Free Savings Account max out their annual contributions, so this news should be welcomed by these TFSA maximizers. This is the…
Read MoreCelebrating 6 Years of Million Dollar Journey – Over $3,000 in Prizes!
It is hard to believe but it has already been six years since Million Dollar Journey kicked off! It all started in late 2006, about three years after graduating from University and in the process of turning around our personal finance situation towards building wealth. It still baffles me how much this site has grown…
Read MoreHow to Save Money In New York City – The Airport, Hotel Rooms, and Food.
We recently had an opportunity to get away for a few days and visit one of the most populated cities in the U.S – New York City. This was our first time in the Big Apple, and what a time we had. We had expectations of a busy city with a few fun things to…
Read MoreSuccessful Investor Reminder, Save money on Entertainment, Employment Benefits and More!
Reminder – Successful Investor Newsletter Deal Expires Soon! A quick reminder that the exclusive MDJ deal for The Successful Investor ends on Sunday December 9th, 2012 – get it while it lasts! The regular price is $89, but we’re offering it for $30. While this deal is for new subscribers, there is an incentive for…
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