Archive for February 2025
Wealthsimple Review 2025
What is Wealthsimple? Wealthsimple was founded back in 2014 by Michael Katchen, Brett Huneycutt and Rudy Adler. I gotta say that I really liked the company more in its first few years than in its current iteration. For the first five years of its existence, Wealthsimple was solely focused on the product that is now…
Read MoreQuestrade vs Qtrade in 2025
When I first launched Million Dollar Journey in 2006 and started writing about Canadian online brokers, the Qtrade vs. Questrade rivalry was already heating up. Fast forward nearly two decades, and not only has the rivalry intensified, but these two platforms have also solidified their positions as the leaders of Canada’s brokerage scene (leaving the…
Read MoreWithdrawing From RRSP/TFSA to Fund Early Retirement
Moving from the accumulation stage of my professional career, to withdrawing investments in early retirement was more difficult than I would have predicted a few years ago. For those who haven’t been following me since I started writing Million Dollar Journey back in 2005, I have slowly-but-surely detailed my rise from a very average net…
Read MoreBest Online Banks in Canada 2025
Online banks in Canada are growing at an unprecedented pace, with more people than ever making the switch to digital-first financial platforms. In fact, 78% of Canadians now handle most of their banking online according tot he Canadian Bankers Association. As a result, the best Canadian banks – both traditional and digital-only – are evolving…
Read MoreEQ Bank Review 2025
EQ Bank Account Options and Interest Rates Account Type Interest Rate Best For Daily High Interest Account 1.75%* (Plus 1.75% if you direct deposit your pay) People who want the highest consistent interest rate in Canada + free e-transfers + super cheap international money conversion + FREE BANKING + USD Accounts for Canadians EQ GICs…
Read MoreQuestrade Review 2025
Is Questrade Safe & Secure? One of the most common questions that I have gotten in the comments below is: Is investing my money through a Questrade online brokerage account safe? Is Questrade as safe as RBC, TD, CIBC, ScotiaBank, and BMO? – MDJ reader The answer: Yes! Questrade is fully regulated by two key…
Read MoreBest Canadian Online Brokers – January 2025
As we move into February 2025, it’s time to update our best online Brokerages in Canada comparison. With RRSP season in full swing, keep an eye out for incredible RRSP promotional offers. There has never never been a better time for DIY brokerage promotions in Canada! I’ve been writing about Canadian online brokers for nearly…
Read MoreBest Canadian Robo Advisors 2025
As we look ahead in February 2025, Canada’s best robo advisors are putting their best foot forward to get your business during their most important time of year: RRSP Season. Justwealth has the top offer (so far) with up to $500 cash back when you open a new account! Despite the increasing awareness of how…
Read MoreThe U.S – Canada Trade War: Do I Need to Panic?!
When it comes to Trump tariffs and their effects on Canada, I need to be upfront with the fact that I have a difficult time being objective on this issue. As someone who grew up in a small border town, and has friends and family on both sides of the Canadian and American border, this…
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