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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!

Our friends at The Successful Investor (TSI) have recently introduced a new product to their line-up, a product that is in alignment with one of my main investment strategies - Dividend Investing. The newsletter is called "Dividend Advisor" and provides dividend investors with recommendations on the top dividend stocks available in the market.  While you can… Read More


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


About a week ago, CBC's Go Public segment shed light on some aggressive sales tactics that big banks are using.  In the article, bank employees spoke out about the pressure they face from management to hit sales targets.  So in order to hit targets, they push credit cards, overdraft protection, premium chequing accounts, and lines… Read More


One of the perks of being a personal finance blogger is that I receive more books in my mailbox that I have time to read.  However, as one of my financial goals for 2017 was to read (and learn) a little more, I've made the intention to sit down with a good book as often… Read More


Welcome to the Million Dollar Journey March 2017 Financial Freedom Update – the first update for the year.  For those of you new here, since achieving $1M in net worth in June 2014 (age 35), I have shifted my focus to achieving financial independence.  How?  I plan on building my passive income sources to the point… Read More


If you've been following for a while, you will come to learn that I'm a fan of two investing strategies, index investing (buying the broad market with low fee ETFs/mutual funds) and income producing dividend growth investing. I like index investing for its ease, low cost, and ability to beat most active mutual fund returns… Read More


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