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Helping Canadians with Personal Finance Since 2006

Reader Mail

Reader Mail: Late 20’s, How Do I Invest $30k?

When I get reader emails, I typically respond to them directly, but this time around, I thought that this topic would be a good one to share with MDJers. This reader mail is from a late 20 something-year-old who has already started a healthy savings habit.  Helping young people with finances is one of my…

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Reader Question: What is your Corporate Investment Account?

My last net worth update was met with a number of questions, more specifically, what is the $200,000 “corporate investment account” that has magically appeared as an asset  line item? The Corporation In 2006, I created MillionDollarJourney.com as a tool to keep track of my financial goals and as an outlet to share my ideas…

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Reader Mail: $1M House – Should I Downsize my Home?

The personal finance questions via email keep rolling in. Recently, Heather inquired about her financial situation and how would she go about reaching her goals. She is recently divorced and raising a child. While married, she worked in the family business, but now her only income is spousal and child support payments. She has a…

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Reader Question: Which Account for Canadian Index ETFs?

It’s been a while since I’ve posted reader questions (and answers) on this site but I’m going to start posting them again.  This time around, the question revolves around tax efficiency, specifically, which account to use for Canadian index ETFs. Where to put Canadian index ETFs? I was wondering about Canadian index ETF’s such as…

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