Archive for November 2022
Financial Freedom Update Oct 2022 Update ($73k in Dividend Income!)
Welcome to the Million Dollar Journey Oct 2022 Financial Freedom Update – the third update of the year! If you would like to follow my whole financial journey, you can get my updates sent directly to your email, via Twitter and/or Facebook. For those of you new here, since achieving $1M in net worth in June 2014 (age 35), I have shifted my focus to…
Read MoreBest Canadian Telecom Stocks 2024
Dividend earning stocks are appealing for a number of reasons. They can help you earn passive income, are generally more stable in a volatile market, and are a great hedge against inflation. If you are thinking about investing in Canadian telecom dividend stocks, now might be the right time. Canadian Telecom companies have historically been…
Read MoreCanada Personal Pensions: Defined Benefit vs Defined Contribution Plans
Now that we’ve covered OAS and CPP, it’s time to move on to the world of personal pensions in Canada. Generally Canada’s personal pensions are broken down into two categories: While it’s true that most government employees enjoy defined benefit plans, and that many private sector employers have been choosing defined contribution plans, it’s not…
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