Reader Mail
Reader Mail: Early 20’s, How Do I Invest $20k or Less?
After the last post on helping a reader on how to invest $30,000, I’ve received a number of emails asking for advice on investing. The reader mail that I’m going to answer today is along the same theme as the last, but this time the age range is on the younger side, and also a…
Read MoreReader 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…
Read MoreReader Mail: I have $1M+ Net Worth – What’s Next?
Here is an email from an MDJ reader who has achieved financial success, but is asking for advice on what to do next. He is relatively young with a professional career, and has crossed the $1M in net worth. My current financial situation is similar to yours, albeit I’m a little older at 42. I…
Read MoreReader Mail: 17 Years Old, Saving $500/month, What’s Next?
After my interview with Forbes.com, I received a rush of new readers visiting MDJ along with a slew of questions. One email in particular stood out as it was from a 17 year old, David, who is already starting to save and get interested in investing. Here is the email: I’m 17 years old and…
Read MoreReader 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…
Read MoreReader 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…
Read MoreReader Mail: My Mom has Low Income, Should She Buy a House?
The last Reader Mail article on which account to place Canadians ETFs drew quite a bit of attention which resulted in a number of financial questions. Here is one of them about a Reader who is worried about his mother’s financial situation. Five years ago, my mother immigrated to Ontario, Canada in the hope to…
Read MoreReader 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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