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,

Financial Freedom Update (Q4) – 2019 Year End Update ($55,200 in Dividend Income)!

By FT | January 26, 2020 |
Financial Freedom Update December 2019

Welcome to the Million Dollar Journey 2019 (Q4) Year-End Financial Freedom Update. If you would like to follow my latest financial journey, you can get my updates sent directly to your email, via Twitter or Facebook, and/or you can sign up for the monthly Million Dollar Journey Newsletter. For those of you new here, since achieving $1M in net worth in June…

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Amex Platinum Canada – Is The $699 Annual Fee Worth It?

By Guest Blogger | January 18, 2020 |
AMEX Platinum Canada

Long-time MDJ readers will know that I typically don’t write about credit cards. I don’t have anything against them (in fact I definitely cash in thousands in credit card perks each year) it’s just that I like to focus more on investing money than on investing in credit cards! When I do write about credit…

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Dividend Investing, Decade in Review, Women and Money, Balanced Portfolios and More!

By FT | December 23, 2019 |
saving,frugal living,

Sponsored RBC InvestEase is a robo-advisory service that is very competitive in the Canadian market place.  Not too long ago, I mentioned that they launched an educational initiative by building a database of articles that they continue to build upon. Here are some to check out: TFSA vs RRSP What is a Robo-Advisor? Investing for…

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Fixed Income Faceoff: Bond ETFs vs GICs vs High Interest Savings Accounts

By Kornel | December 2, 2019 |
Bond ETFs vs GICs vs High Interest Savings Accounts

For income-oriented Canadian investors the choice between a Bond ETF and a GIC or high interest savings account has become more important than ever.  With interest rates at historic lows (and not looking up any time soon) picking the best option for the “safe” part of our portfolio can make a substantial difference to the…

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Introducing new MDJ Team Members and Weekly Money Links

By FT | November 25, 2019 |
saving,frugal living,

New MDJ Team Members If you’ve noticed a new “face” around the Million Dollar Journey office the past couple of weeks it’s because I’ve decided to bring on a little help. I’ve asked Kyle Prevost and Kornel Szweiber to come on board. As two young-ish Canadians who share my values about reaching financial independence sooner…

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The Ultimate Guide to Safe Withdrawal Rates in Canada (For Any Retirement Age)

By Kyle Prevost | November 3, 2019 |
The Ultimate Guide to Safe Withdrawal Rates in Canada

You’ve been reading MDJ for years, have used your Questrade DIY discount brokerage portfolio to accumulate a solid nest egg that includes your TFSA, RRSP, and perhaps even a non-registered account.  Now comes the time to start your retirement drawdown or withdrawal strategy. Surprisingly, when it comes to discussing Canadian safe retirement withdrawal rates, and…

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How Do I Maximize RESP Withdrawals?

By FT | October 28, 2019 |
saving,frugal living,

With my oldest child turning 11 this year, my mindset and strategy for our family RESP is starting to shift from accumulation and growth to a more balanced portfolio. This has many similarities to retirement planning but on a smaller scale. In your younger years, there is a focus on growth, but as retirement approaches,…

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Being Grateful, Re-balancing your Portfolio, Recession is Coming, It’s Hard to Buy Nice Things, and More!

By FT | October 15, 2019 |
saving,frugal living,

I hope you all had a great Thanksgiving long weekend!  If you take a moment to reflect, there are so many reasons to be grateful.  For me, the top of the list is my family.  Having a loving and supportive spouse, and the blessing of watching my children grow up before my eyes.   It’s almost…

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