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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!

paid off mortgage and smith manoeuvre

This post was originally posted in 2009, but brought back to the foreground after some readers emailed me about the same topic.  I added a couple of comments below on how my philisophy on this matter has changed over the years. A reader question that I've been getting quite a bit lately is, what if… Read More

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mdj cibc investors edge dlr dlr.u

Up until now, it seemed that the Canadian dollar (CAD) was on a death spiral relative to the U.S dollar (USD) when it reached a recent peak of $1.38 CAD for every $1 USD.  During that time, selling USD for the best possible price was popular using Norbert's Gambit for savvy investors. Now that CAD is… Read More

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best cash back credit card in Canada

This post was originally written in 2007 but has been updated annually since. The reason why I'm posting it again now is because there have been changes to the best free credit card in Canada.  More below. After you guys gave me your favorite credit cards, I did a little research and came up with… Read More

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The PC Financial World Elite MasterCard is perhaps the best no annual fee grocery credit card out there.  It offers 3% cash back when shopping at Loblaws group of stores  (Loblaws, Dominion in NL, Real Canadian Super Store, No Frills, PC Mobile, and Shoppers Drug Mart) and you can redeem $20 or more towards products in their group of… Read More

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mdj 2016 annual expenses

Back in 2008, I wrote my initial post about our monthly expenses.  It's always interesting going back in time to see what the circumstances were.  Back then, the update was compiled just before we had our first child, and we had a mortgage on our principal residence (a new build).  Our annual recurring outlay was around… Read More

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Welcome to the Million Dollar Journey June 2017 Financial Freedom Update – the second update of 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

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Welcome to the Million Dollar Journey June 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

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Ever since doing research on how to setup an index portfolio for Americans, the case for index investing in my mind just keeps getting bigger.  It really is the simplest and one of the most effective ways to invest.  It's geared for a wide spectrum of investors ranging from the beginner who has no knowledge… Read More

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