Welcome to Million Dollar Journey! If you’re new here, you can learn about me and even follow my financial journey to becoming a millionaire by 35 through my net worth updates. Since hitting the Million Dollar milestone, I’ve been documenting my journey towards financial freedom that you can read about here. If you are just starting your own financial journey, you can start with Financial Freedom 101 located in the navigation bar above. Before you leave, check out my latest articles listed below and don’t forget to subscribe to my updates!

Tangerine Bank Review 2020

By Kornel | June 7, 2020 |

It shouldn’t come as a shock that more and more Canadians from all generations are taking the time to look into online banking and high interest savings accounts these days.  We’ve gotten over two-dozen emails in the last few weeks asking about our recommendations, as people look for an attractive place to park cash during…

Read More

Canada’s #1 Questrade Review 2020 [$50 Promo Offer Code]

By FT | June 5, 2020 |

  Edited in November 2019 by FT with help from our newest author Kyle Prevost. Background: When I first wrote this Questrade review back in 2008, there were very few Canadian online discount brokerage accounts available to Canadians who wanted to open a DIY RRSP account, TFSA, or non-registered account, and trade their own stocks and ETFs.  In…

Read More

EQ Bank Review 2020 – Canada’s Best Online Savings Account?

By Kornel | June 4, 2020 |
eq bank review 2020

After becoming a client when they first launched over three years ago, I thought it was about time to pen the authoritative EQ Bank Review for Canadians to compare to their traditional branch banking services. I was even part of their early-access group before their popular EQ high interest Savings Plus Account was available to the…

Read More

Canadian Online Discount Stock Brokerage Comparison 2020

By FT | June 4, 2020 |

Canadian Online Discount Stock Brokerage Comparison 2020 As we enter into a new decade of dividend and index investing I thought it was time for an update to our Canadian online broker article (whose first version dates back as early as 2006).  Use the table of contents below to dig into our criteria and comparisons…

Read More

Canada’s Best Dividend Growth Stocks for 2020

By FT | June 1, 2020 |
Canadian dividend growth stocks

I originally started looking at the best Canadian dividend growth stocks back in 2013.  As one of the most popular annual articles on the site, I’m proud to enlarge the list this year to include my top 25 Canadian dividend stocks for 2020.  I have included all the top 25 Canadian dividend stocks that have…

Read More

How Flow Through Shares Work

By FT | May 31, 2020 |
How Flow Through Shares Work

One of the more interesting Canadian-specific investment tax strategies available is flow through shares.  I’ve written several articles over the years on how flow through shares work, what they are, their associated advantages.  As I began to update my knowledge on these unique investment tools, I decided to combine the piecemeal articles that I had…

Read More

Canadian Investing Taxes: Dividends, Interest, and Capital Gains

By FT | May 24, 2020 |
Canadian Investing Taxes - Dividends, Interest, and Capital Gains

Are you curious about how investing taxes are calculated on dividends, interest, and capital gains across the various accounts in your portfolio?  I am by no means a tax expert, but I do have enough knowledge to give general guidelines on how you can figure out your own investing taxes and prioritize your subsequent investments.…

Read More

Indexed Family Education Fund (RESP) Portfolio Update – 2020 Edition

By FT | May 17, 2020 |

During this time of uncertainty, many readers have contacted me for continued portfolio updates.  One group in particular –  parents –  are asking me what I’m doing with my RESPs. What is an RESP?  At a high level, an RESP is an investment account for future post-secondary students and stands for Registered Education Savings Plan. …

Read More