2013 has come and gone with over 120 articles published over the year. A number of the articles were really popular with social media and/or traditional media so I thought I would bring them into the spotlight again.
Here are the top Million Dollar Journey articles of 2013:
- I updated my top free cash back credit card post to account for changes in the landscape. More specifically, the popular 1.5% cash back credit card from capital one was removed from their lineup. Check out what I think are the best cash back cards available today.
- Always popular are posts about details of my personal finances. Here is a breakdown of our monthly expenses in 2013.
- Saving your hard earned money is a very powerful way to build wealth. How powerful? If you can save 50% of your net family income, then you can potentially retire as soon as 16 years! Here is a table comparing the savings % to number of years to retirement.
- One area where I saved a lot of money this year was through reducing my foreign exchange fees. Discount brokers charge a built in fee per trade, but here’s a trick on how you can reduce the FX cost by using DLR/DLR.U ETF.
- On the same vein, you can save a lot in FX fees if you settle your USD trades in USD. CAD RRSP accounts will automatically convert back to CAD and charge the hidden FX fee. Here are the best Canadian discount brokers that offer U.S. Dollar (USD) RRSPs.
- Another post on saving money for investors. As there are a lot of indexers out there, here is a way to save even more money with discount brokers that offer Commission Free ETFs.
- A common question is how to calculate investment returns over the year when there are contributions and withdrawals to the account. Here’s how to calculate your investment returns using a spreadsheet and the XIRR function.
- This was an article contributed by Ed Rempel who gets into the details of comparing market timing vs. buy and hold.
- This post struck a nerve with investors, particularly, indexers. Here are the advantages of dividend investing – note that my portfolio is partially indexed :).
- This article was likely the most read piece for the year as it was mentioned a number of times by mainstream media. It’s financial advice from a 34 year old millionaire.
- This was a controversial article contributed by the popular Derek Foster who concludes why the second million is much easier than the first.