Welcome to the Million Dollar Journey.

If you’re new here, you can learn about me, and follow step-by-step along the path I took to become a millionaire by age 35. Over the last 14 years, I’ve written extensively about Canadian dividends and the index investing strategies that I’ve used, in addition to some everyday money-saving tricks. Please check out my FREE eBook: Can I Retire Yet? and join 30,000+ Canadians on your own personal Million Dollar Journey.

I've completed my Million Dollar Journey.
Let me guide you through yours.

 

saving,frugal living,

Questwealth Portfolios: A Robo Advisor by Questrade

By Kyle Prevost | June 8, 2020 |
A Robo Advisor by Questrade

The short answer is yes, Questrade having a robo advisor is nothing new.   However, the old robo, Questrade’s Portfolio IQ, has been replaced by their new product: Questwealth Portfolios. So, what does Questwealth Portfolios have to offer and how does it stack up to other robo advisors in Canada? Keep reading to find out.…

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Tangerine Bank Review 2020

By Kornel | June 7, 2020 |
saving,frugal living,

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…

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

By FT | June 5, 2020 |
saving,frugal living,

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 the…

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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…

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Canadian Online Discount Stock Brokerage Comparison 2020

By FT | June 4, 2020 |
saving,frugal living,

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…

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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 the top 25 Canadian dividend stocks that have the…

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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…

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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.…

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