Million Dollar JourneyMillion Dollar JourneyThe Making of a Millionaire - A Canadian Personal Finance Story. Come follow the story of a 20 something year old Canadian on this journey to 1 million in net worth by the age of 35. Daily topics include personal finance, investing, taxes, and frug 
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Your Money Personality
2008-05-27 11:30:00 I really get a kick out of the MSN Money personal finance articles. The other day, they wrote about money personalities and how most people struggle with their relationship with money. They then went on to categorize 8 money personalities that people fall into. I’m not sure how much value it provides, but ... More About: Personality
Saving Strategy: Ask for a Discount
2008-05-26 11:30:00 As a frugalist, I always try to get the best deal possible in whatever I buy or pay for. If you’re going to buy something, why not try to get the best possible price? Who says that the marked price is the price that you must pay? What’s the secret to getting a ... More About: Strategy , Saving , Discount
Overbought Oil and Weekend Reading
2008-05-23 11:30:00 Overbought Oil The Globe and Mail reports that oil supplies are rising but oil prices aren’t correcting. Are we in for a big time oil price correction in the near future? Seems that something has to give. If you are a contrarian and willing to bet against the oil bull, the Proshares Ultrashort ... More About: Reading , Weekend
The High Cost of the Manulife One Mortgage
2008-05-22 11:30:00 One of my older posts regarding the Manulife One Mortgage is still generating a lot of discussion. Basically it’s a battle between the convenience of having all your banking and debt under one account vs. the extra premium that you pay for the privilege. To quickly summarize the Manulife One mortgage, it’s a giant HELOC ... More About: Cost , High
Why your Retirement Account is NOT an Emergency Fund
2008-05-21 12:00:00 Ever have a conversation with someone and have to use every ounce of energy not to speak your mind? I was having a candid money chat with a (have all the answers) friend of mine about having some savings on hand in case of the worst happening. He looked at me with a puzzled face and replied ... More About: Retirement , Fund , Account , Emergency
Book Review: The 10 Biggest Investment Mistakes Canadians Make and How to A
2008-05-20 11:30:00 Nobleea is back! This time, he has written a review on one of the books that has changed his views on stock picking. Who is Nobleea? He is a regular reader, commenter, engineer, and personal finance enthusiast. Since I started investing, I thought that my extensive reading of business news and stock tracking ... More About: Investment , Book Review , Book Reviews , Review , Book
Nortel Litigation Settlement
2008-05-19 11:30:00 For those investors/speculators who purchased Nortel shares between Oct. 24, 2000 and Feb. 15, 2001 or between April 24, 2003 and April 27, 2004 , you may have been eligible for a piece of the Nortel class action lawsuit. I received that letter a few years ago acknowledging the lawsuit so I submitted my ... More About: Settlement , Litigation
Book Giveaway Winner, New Poll, and Weekend Reading
2008-05-16 11:30:00 Book Giveaway Winner Let start off the weekend with another book giveaway winner. The prize this time is a free autographed copy of the financial and spiritual book “Does Your Bag Have Holes“. Out of the entries, Mihai was randomly drawn as the winner! Congrats Mihai, I hope that you enjoy the new book. We typically have book giveaways a couple times/month which are drawn fairly quickly. If you are interested in participating, you can keep up with the updates by subscribing to the free daily feed via RSS Reader or sent directly to your E-mail (see our privacy policy). New Anonymous Poll There is an anonymous poll running on the right sidebar. If you haven’t already, please take a moment to cast your vote! Weekend Reading The Restaurant Blogger writes an interesting article about a topic that we’ve covered before, service tipping! The article is called “The Truth Behind Tips“, and it explains how tips are typically dispersed in a restaurant.... More About: Book
How Return OF Capital Works
2008-05-15 11:30:00 The topic of Return OF Capital has been discussed at nauseum in the comments, but I thought that I should bring it to the front page as the same questions keep coming up. What is ROC? Return of Capital is when a publicly traded company distributes money collected from their share holders back to the share holders ... More About: Works
Reader Mail: How Do I Reduce Investment Fees?
2008-05-14 11:30:00 It has been a while since I’ve opened up the mail bag to share. This time around, I received an email from Jeff looking for advice on how to reduce his investment fees. Here is the email: How do you go about investing in stocks without attracting fees. As it stands now - I ... More About: Mail , Investment , Reader , Fees , Reduce
Book Review and Giveaway: Does Your Bag Have Holes?
2008-05-13 11:30:00 Seems that the book reviews are getting popular with publishers! Cameron C. Taylor, a multimillionaire businessman and author, contacted me to do a book review of his newest project: Does Your Bag Have Holes ? 24 Truths that Lead to Financial and Spiritual Freedom. This book takes a look at the underlying principles and choices of prosperity with a spiritual/Christian twist. Who is the author? This is what the books website has to say about the author Cameron C. Taylor: Cameron began writing books and learning to speed read while in college. By his senior year, Cameron was a published author and was reading at a rate of over 3,000 words a minute. Upon graduating with honors in business, he began his entrepreneurial career and founded several companies. He took one of his companies from an idea to over $1 million in revenue in its second year and then grew the business to over $10 million in revenue its fifth year. He is currently the president of three organizations: The Ladder to ... More About: Book Review , Review , Book
Hedge Against Your Bills by Owning the Company
2008-05-12 11:30:00 A big pet peeve of mine is having to pay a fixed recurring bill. The power bill, gasoline, mortgage, cable, internet, phone, bank fees, and insurance premiums to name a few. These are great for the company being paid as it provides a consistent source of revenue for their balance sheets, but takes ... More About: Company , Hedge , Bills
Welcome to the New Server!
2008-05-09 05:20:00 If you can read this post, it means that Million Dollar Journey has successfully moved to it’s new server. I hope that you find the increased speed and tweaked layout to be more enjoyable. Please let me know if you find any bugs or glitches. Back to regular programming shortly.. Popular Posts: The Smith Manoeuvre - ... More About: Server
Welcome to the New Server!
2008-05-09 05:20:00 If you can read this post, it means that Million Dollar Journey has successfully moved to it’s new server. I hope that you find the increased speed and tweaked layout to be more enjoyable. Please let me know if you find any bugs or glitches. Back to regular programming shortly.. Popular Posts: The Smith Manoeuvre - ... More About: Server
Book Winner, Server Change and Weekend Reading
2008-05-09 04:30:00 Million Dollar Journey was chosen as one of the "Best of Blogs" in a Globe and Mail article earlier this week. We are currently in the top 10 but with your help, we can boost that to the top 5! If you haven't voted for your favorite blogs yet, we would greatly appreciate your vote. ... More About: Reading , Change , Book , Weekend , Server
Book Winner, Server Change and Weekend Reading
2008-05-09 04:30:00 Million Dollar Journey was chosen as one of the “Best of Blogs” in a Globe and Mail article earlier this week. We are currently in the top 10 but with your help, we can boost that to the top 5! If you haven’t voted for your favorite blogs yet, we would greatly appreciate ... More About: Reading , Change , Book , Weekend , Server
Personal Finance Across Borders I - Retirement Accounts
2008-05-08 10:30:00 Something that I would like to learn more about is how personal finance issues work in the U.S. For example, how do their retirement 401k and roth IRA/traditional IRA systems work? How do they compare to an RRSP and TFSA? How about their mortgages and real estate system? With the help of The Money Writers, ... More About: Personal , Retirement , Personal Finance , Finance , Borders
Personal Finance Across Borders I - Retirement Accounts
2008-05-08 10:30:00 Something that I would like to learn more about is how personal finance issues work in the U.S. For example, how do their retirement 401k and roth IRA/traditional IRA systems work? How do they compare to an RRSP and TFSA? How about their mortgages and real estate system? With the help of The Money Writers, ... More About: Personal , Retirement , Personal Finance , Finance , Borders
Book Review and Giveaway: The House Flipping Answer Book
2008-05-07 09:30:00 Ever since I started watching those housing flipping shows on HGTV and TLC, I've often day dreamed about purchasing a house that needed work for a bargain basement price, fixing it up, and flipping it for profit. It looks relatively easy on TV, so why can't I do it? The more I thought about the ... More About: House , Book Review , Book Reviews , Answer , Review
Book Review and Giveaway: The House Flipping Answer Book
2008-05-07 09:30:00 Ever since I started watching those housing flipping shows on HGTV and TLC, I've often day dreamed about purchasing a house that needed work for a bargain basement price, fixing it up, and flipping it for profit. It looks relatively easy on TV, so why can't I do it? The more I thought about the ... More About: House , Book Review , Book Reviews , Answer , Review
Million Dollar Journey on GlobeInvestor.com!
2008-05-06 16:59:00 Million Dollar Journey has received the honor of being nominated for the GlobeInvestor.com "Best of the Blogs" poll. If you would like to show your support and enjoy reading this site, please take a minute and vote for us. Congrats to Canadian Capitalist, Four Pillars, Middle Class Millionaire, and The Dividend Guy for making the ... More About: Million
Million Dollar Journey on GlobeInvestor.com!
2008-05-06 16:59:00 Million Dollar Journey has received the honor of being nominated for the GlobeInvestor.com "Best of the Blogs" poll. If you would like to show your support and enjoy reading this site, please take a minute and vote for us. Congrats to Canadian Capitalist, Four Pillars, Middle Class Millionaire, and The Dividend Guy for making the ... More About: Million
MoneyTalk LIVE with TD Waterhouse II
2008-05-06 09:30:00 Continuing on with my adventure with MoneyTalk Live with TD Waterhouse, lets now talk about the highlights from the economics and portfolio experts of TD Waterhouse. As noted from part I, after eating and drinking a few beer, we were ushered into the conference room. As I sat down, I noticed a folder with a pen ...
MoneyTalk LIVE with TD Waterhouse II
2008-05-06 09:30:00 Continuing on with my adventure with MoneyTalk Live with TD Waterhouse, lets now talk about the highlights from the economics and portfolio experts of TD Waterhouse. As noted from part I, after eating and drinking a few beer, we were ushered into the conference room. As I sat down, I noticed a folder with a pen ...
MoneyTalk LIVE with TD Waterhouse I
2008-05-05 09:30:00 I was given the opportunity to attend the invitation only TD Waterhouse MoneyTalk Live show that they held at a local hotel. For those of you who don't watch BNN, MoneyTalk is a popular segment that is hosted by the TD Waterhouse Senior Vice President , CFP, and author, Patricia Lovett-Reid. I didn't have a lot ...
MoneyTalk LIVE with TD Waterhouse I
2008-05-05 09:30:00 I was given the opportunity to attend the invitation only TD Waterhouse MoneyTalk Live show that they held at a local hotel. For those of you who don't watch BNN, MoneyTalk is a popular segment that is hosted by the TD Waterhouse Senior Vice President , CFP, and author, Patricia Lovett-Reid. I didn't have a lot ...
Best of Million Dollar Journey: April 2008
2008-05-02 09:30:00 Another month has blown by for Million Dollar Journey which included a few highlights. Before we get to the top articles for the past month, I'd like to thank the regular commenters and readers. Without you guys visiting and leaving your opinions, it would be very difficult to keep chugging away and writing content every ... More About: April , 2008
Best of Million Dollar Journey: April 2008
2008-05-02 09:30:00 Another month has blown by for Million Dollar Journey which included a few highlights. Before we get to the top articles for the past month, I'd like to thank the regular commenters and readers. Without you guys visiting and leaving your opinions, it would be very difficult to keep chugging away and writing content every ... More About: April , 2008
The RESP Strategy
2008-05-01 11:30:00 ABC Stocks asked me to post about my RESP strategy. As mentioned in my post on "Having a Newborn - Getting down to business", I plan on opening a TD e-funds account (non aff) and buying cheap index based mutual funds. Why TD e-funds? What I really like about the TD e-funds setup is that they only ... More About: Strategy
The RESP Strategy
More articles from this author:2008-05-01 11:30:00 ABC Stocks asked me to post about my RESP strategy. As mentioned in my post on "Having a Newborn - Getting down to business", I plan on opening a TD e-funds account (non aff) and buying cheap index based mutual funds. Why TD e-funds? What I really like about the TD e-funds setup is that they only ... More About: Strategy 1, 2, 3, 4, 5, 6, 7 |
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