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Archive for August 2014

Ending the Mortgage Paydown vs. Investing Debate

By Guest Blogger | August 25, 2014 | 39

This post is from Mark Seed who runs My Own Advisor. A huge debt can kill your retirement plan.   This is not news.   While servicing debt, you can’t save very much money.   You can’t invest what you don’t save.  Taking on a mega-mortgage could be very stressful for young Canadians.  I should know.   We took…

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Net Worth Update August 2014 – Sean Cooper

By Sean Cooper | August 22, 2014 | 37

Welcome to the Million Dollar Journey August 2014 Net Worth Update –  Team MDJ edition. A select group of readers were selected to be part of Team MDJ which was conceived after the million dollar  net worth milestone was achieved in June 2014.  Sean Cooper was selected as a team member and will post net worth…

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Smith Manoeuvre/Dividend Portfolio – Q2 2014 Update

By FT | August 4, 2014 | 21

For those of you just joining us, listed below is my portfolio that is leveraged with money borrowed from my home equity line of credit (HELOC). As the money borrowed is used to invest, the interest charged is tax deductible. I started this portfolio in 2008 (at the height of the market) and write updates every…

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