Archive for November 2023
The 5 Best Defensive Stocks in Canada for 2024
With Canadian dividend stocks getting hit hard this year, several people have commented asking me what the best defensive stocks in Canada are. If our traditional favourites like bank stocks and telecoms are going to continue to take such a hit, are they really the right play for investors that are focused on not losing…
Read MoreWithdrawing From RRSP/TFSA to Fund Early Retirement
As I transition into early retirement (after reaching financial independence) I find myself having to shift from an accumulation mindset to a spending or decumulation mindset. This early retirement spending vs shaving shift is actually proving harder than one might think. I mean, I’ve been writing about wealth accumulation stuff on this site since 2005,…
Read MoreSimplii Financial Review
If you prefer to do all your banking from the comfort of your home and don’t mind not having access to face-to-face help if required, then a bank that offers high interest savings accounts is a good choice for you. But not all online banks are created equal. Simplii Financial (as it has been known…
Read MoreFinancial Freedom Update Nov 2023 – $78.8k in Dividend Income!
Welcome to the Million Dollar Journey November 2023 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 shifted my focus to achieving…
Read MoreEdward Jones Review (Canada)
After Kyle wrote about the best financial advisors in Canada a couple of weeks ago, we got several emails that asked some version of, “Should I use Edward Jones financial advisors?” or one of the other large financial advisory firms in Canada. Since I have had several friends use their services, and many of their…
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