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.
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
I reader recently asked me a question that I’ve never considered writing about before – “FT, what apps do you use?” At first, it threw me off guard as it’s almost a personal question in a strange kind of way. But I can see how some may be curious on what apps a money-centric blogger…Read More
“Robo advisors such as Wealthsimple and Questwealth Portfolios will get their just deserts when the market tanks and all of their clients panic due to a lack of advisor contact.” Critics of online wealth management (aka “robo advisors”) repeated that platitude over and over again these last few years. Sure, these automated index investors were…Read More
Over the last few weeks, several of my neighbors have been eyeing my weekly meal kit delivery service, and asking for my Hello Fresh Review. This new trend makes sense given how many of us are cooking from home more these days – while trying to limit our grocery store trips. I’d gotten a few…Read More
We’re going to try something a bit different today. In a bid to learn more about Covid-19 and what it means for our day-to-day lives, as well as our investment portfolios, I’ve read a TON of stuff. (All of the folks who are taking care of children during this quarantine are cursing me right now.) …Read More
By FT | April 19, 2020 | We’ve been writing about the Smith Manoeuvre here at Million Dollar Journey for over a decade now! Since I have personally implemented the Smith Manoeuvre and provided various updates on my tax deductible investment loan + Canadian dividend stocks strategy over the years, we’ve collected quite an assortment…Read More
Over the past number of years, I’ve been writing about the investing strategy known as Dogs of the TSX (taken from “Dogs of the Dow” in the USA) – also known as the Beating the TSX Dividend Stock Strategy (BTTSX). At a high level, in this strategy, the largest publicly traded companies in Canada (TSX…Read More
The financial impact of the global COVID-19 pandemic on Canadian small business has been enormous, and it’s still ongoing. If you own a small business anywhere in Canada, you’ve no doubt been affected in some way. While the hard times are far from over, help is coming from the Canadian government and several of Canada’s…Read More