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Welcome to Million Dollar Journey! If you’re new here, you can learn about me and even follow my financial journey to becoming a millionaire by 35 through my net worth updates. Since hitting the Million Dollar milestone, I’ve been documenting my journey towards financial freedom that you can follow here. If you are just starting your own financial journey, you can start with Financial Freedom 101 located in the navigation bar above. Before you leave, check out my latest articles listed below and don’t forget to subscribe to my updates!

How and Why Asset Allocation Works

how and why asset allocation works

The first step in building a long term passive portfolio is deciding on your risk tolerance which means deciding on your split of equities/bonds.  To me, it's not really deciding on the "risk" of your portfolio, but your tolerance for volatility (major swings in portfolio value). We know that the markets go up over the… Read More


A reader recently asked me if she had saved enough for retirement.  While it seems like a challenging question to answer, it can be roughly calculated via online calculators providing that you have fairly accurate inputs. Generally, here's what you'll need for any online retirement calculator: Expenses Some online calculators will take your expected retirement expenses as… Read More

dogs of the tsx

Judging by the picture, you might figure that this article is about a stock picking strategy that involves the Toronto Stock Exchange (TSX) and adorable puppies.  It's not too far off actually.  In this article, I'm going to talk about strong companies on the TSX that pay higher than average dividends... and everyone knows that… Read More


Welcome to the Million Dollar Journey January 2017 Net Worth Update – Team MDJ edition. A select group of readers were selected to be part of Team MDJ which was conceived after my million dollar net worth milestone was achieved in June 2014. Karl the Real Estate Agent was selected as a team member and… Read More


My Top 5 Financial Goals for 2017

2017 financial goals

It's early in the new year which means that it's time to focus on goals for 2017.  It has been a while since I've posted annual financial goals, but my financial freedom goal has re-ignited my motivation. It's no surprise that I'm a fan of setting goals, a big one being the million dollar net worth… Read More


It has been about a year since my last RESP portfolio update which is probably an appropriate time span since it’s a fairly steady portfolio that is 100% indexed. The RESP portfolios for our children are setup with TD e-Series mutual funds which provide a low cost way to index the market.  We contribute $2,500/account/year to… Read More

financial checklist to start the year

This post is from the past but updated annually.  I follow this list every year! Similar to the end of the year tax tips, there are certain financial to-do items to start off the year on a strong note.  Here is the checklist that I use at the beginning of the year. For 2017, TFSA's get… Read More


-- Sponsored Message --  TD Direct Investing Launches Conditional Order Types As an active trader, I'm pleased to see TD Direct Investing offer conditional order types to its trading platform, WebBroker. This enables investors to determine entry and exit strategies up-front and automatically execute their trading plans. As the first Canadian bank-owned brokerage to bring this offering to… Read More

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