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.
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
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…Read More
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 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
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…Read More
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
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
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