Archive for May 2023
Wealthsimple vs. Justwealth in 2024
Wealthsimple and Justwealth are two of the top robo-advisors in Canada, each offering well-crafted products without the high fees of a mutual fund. Weathsimple Invest, the largest robo-advisor in Canada, is part of a larger suite of services aimed at novice/hands-off investors. Justwealth offers the widest selection of portfolios out of any Canadian robo-advisor and…
Read MoreAmex Gold Rewards Card Review 2024
There are only a few charge cards available to the Canadian market, and all of them are offered by American Express, so our editorial team was able to really focus on the details when it came to our Amex Gold Rewards Card review. Our process was less about finding which company had the best offering and…
Read MoreCanadian Stock Market vs U.S. Stock Market in 2024
We Canadians might like to argue with our U.S. neighbours about who makes better beer or who plays better hockey but when it comes to your portfolio, the real argument is who gets the better returns, the Canadian stock market vs the U.S. stock market? Both Canada and the U.S. are wealthy developed countries with…
Read MoreBest Travel Credit Cards in Canada 2024
According to recent surveys, over half of all Canadians are planning to travel this year! If you’re one of them, a travel credit card can help you cut travel costs and keep you covered in case of illness or injury while you’re away from home. Million Dollar Journey has been reviewing, comparing, and rating Canada’s…
Read MoreIs RBC Stock a Good Buy in 2024?
If you’re considering buying Royal Bank stock in 2024, then you need to be aware of not only the company’s individual performance, but also RBC’s current valuation, and the general prospects for Canadian banking as well. For more information on comparable investments check out our article on the Best Canadian Bank Stocks, and to decide…
Read MoreModernAdvisor Review 2024
ModernAdvisor was founded in 2013 by Navid Boostani (the CEO and a Certified Financial Analyst) and Adrian Brouwers. ModernAdvisor focuses on robo-advising, although they also offer ModernAdvisor Pro, a service for professional financial planners. ModernAdvisor has some unique characteristics that set it apart from the robo-advising crowd. This is particularly true for beginner investors who…
Read MoreRBC InvestEase Review 2024
What is RBC InvestEase? Some people prefer to stick with the familiar and trusted, especially when it comes to choosing a robo advisor – and if this sounds like you, RBC InvestEase could be a good fit. Offered by one of Canada’s most well-known banks, RBC InvestEase offers clients the ability to dip their toes…
Read MoreFinancial Freedom Update May 2023 – First Update of the Year ($73.8k in Dividend Income!)
Welcome to the Million Dollar Journey May 2023 Financial Freedom Update – the first 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 shifted my focus to…
Read MoreTangerine World Mastercard Review
When digital bank Tangerine launched their no-fee World Mastercard in 2019, they announced that they were taking their award-winning Money-Back Credit Card “to the next level.” Our Tangerine World Mastercard review will break down the features, benefits, and drawbacks of this enhanced cash-back card to help you make an informed decision. The Tangerine World Mastercard…
Read MoreFinances After The Death of a Spouse – Creating a “Just In Case” Checklist
Preparing for the death of a spouse has got to be one of the worst personal finance tasks out there. I think it might be slightly easier for us to prepare for our own demise than it is to place that burden on our spouse. That statement is especially true if your household division of labour…
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