Net Worth Update May 2011 (+1.18%) – Money is Moving Edition!

Welcome to the Million Dollar Journey May 2011 Net Worth Update – Money is Moving Edition. For those of you new to Million Dollar Journey, a monthly net worth update is typically posted near the end of the month (or beginning of the next) to track the progress of my journey to one million in…

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Reader Question: Comparing MERs, Yield and Returns

A reader emailed me with a question about comparing ETFs, more specifically their MERS, yields, and if there is a correlating return. Here is the question in detail: I have a question regarding ETFs that follow indexes, like the XCV and XIC in Canada that follow the TSX in one way or another. There seems…

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Financial Strategies for the New Stay at Home Parent

With most households these days generating income from both spouses, it can be a challenge to switch to the single income when the need arises.  Such as having multiple children or losing employment.  The biggest reason for the challenge of dropping to one income is that dual incomes typically result in a lifestyle that matches the…

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