June 2020 - Million Dollar Journey

A reader has prompted me to update this post (originally posted in 2016). Dividend growth investing may not be for everyone, but I am a fan. I like the idea of receiving tax efficient payments from long-established companies with a track record of annually increasing their payments to shareholders. I also like the idea of…

11 Shares

As markets become more turbulent and investors are seeking ways to protect profits or perhaps enhance them, call and put options are rising in popularity in an unprecedented manner. Of course, investors are much more likely to shoot themselves in the foot, than do anything productive when it comes to “calls” and “puts” – but…

16 Shares

Welcome to the Million Dollar Journey 2020 (Q2) Financial Freedom Update – the V-Shape Recovery Edition! If you would like to follow my latest financial journey, you can get my updates sent directly to your email, via Twitter or Facebook, and/or you can sign up for the monthly Million Dollar Journey Newsletter. For those of you new here, since achieving $1M…

26 Shares

Questrade vs Wealthsimple: By Kyle Prevost | January 12, 2020 | Comments The Showdown: Questrade & Questwealth vs Wealthsimple Invest & Wealthsimple Trade Up until last year, investors looking to cut their investment fees to a minimum could choose to go with Questrade if they wanted an online discount brokerage and Wealthsimple if they wanted the ultimate in cheap, hands-off automated investing via a…

23 Shares

Wealthsimple Review 2020 – Robo Advisor & Wealthsimple Trade [UNIQUE PROMO] By FT | May 17, 2020 | Comments I’ve been putting off writing a Wealthsimple review for a while now due to the fact I personally do not personally use robo advisor, instead preferring to cut costs to the bone with my Questrade, my top rated…

4 Shares

When I was asked if I wanted to write a Canadian Legal Wills review in exchange for a free trial of Canada’s best online will kit, I have to admit that I was embarrassed.

You see… until yesterday I didn’t have a will.

I know… statistics show that roughly half of Canadian adults don’t have a will, and only a third or so have one that is up to date.

7 Shares

Before we get too far into talking about foreign exchange (FX) and/or conversion rates from Canadian Dollars (CAD) to US Dollars (USD) it’s worth noting that in no way am I advocating that people should get into currency trading. Trying to predict currency markets is like lighting a bunch of fuses and predicting which firework…

0 Shares

All-in-One ETFs Battle: Vanguard vs iShares vs BMO Written by FT (Updated in December, 2019 by Kyle Prevost) Vanguard was the first company to jump into Canadian all-in-one ETFs back in 2018. It should come as no surprise that that the historical leader in low-cost investments was the first to roll out this superstar product. …