Million Dollar Journey

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Building Wealth through Saving and Investing

About Me

Alright, so a little about me (FrugalTrader). I am a married Canadian who was born, raised and currently resides in Eastern Canada. I began investing in mutual funds when I was 16 years old and the passion for finance grew from there. When I graduated from University (I was 23), I started getting more serious about the stock market and real estate investing.

Since I started young, I have built an equity portfolio that has been growing gradually over the years. Starting this blog in 2006 with a net worth of $200,000, I plan to grow my net worth to at least $1 million by the time I’m 35 (end of 2014 – ). Is the goal too high? Am I naive? I don’t think so but only time will tell and this blog will be here to keep track along the way.

Update:  In June 2014, we reached the $1,000,000 net worth milestone, see the full details here.  Interested in following my net worth updates over the years?  You can read them all here.

The intention of this site is not only to keep track of my financial progress, but to help and educate those who are interested in personal finance and investing. Along with that, there are a number of articles here about the strategies that have helped me get to where I am today (check out the archives).

Here is some more info about me:

Must Read Posts:

If you’re still confused as to where to start, check out the Million Dollar Journey User Guide.

Media Attention


..I like this one. Clearly written, accurate, informative, not over-selling an idea, just telling you what you need to know. You shouldn’t take this as comprehensive advice, just as information on high interest rate accounts. ..I conclude that this is one personal finance blog that is worthwhile for the average person…

  • The National Post (July 14, 2007) recently conducted an interview of yours truly. They even came to my house to take pictures! Here are a couple of snippets:

    ..Sometime in the year 2014, Newfoundland’s millionaire club will increase by one. That is, if all goes according to plan for FrugalTrader, the moniker of the 27-year-old engineer behind the personal finance blog Million Dollar Journey… ..Still, he knows that by 2014, $1-million will hardly be enough to retire on. Perhaps it won’t be enough to retire the journey either. “When I reach the $1-million mark, who knows what will happen? Perhaps I’ll blog full time.”..

  • The Telegram, Newfoundlands premier newspaper, has featured Million Dollar Journey on their front page (August 10, 2007). You can read about the article here.

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That’s all for now! Contact me if you have any questions.

Disclaimer


The articles posted on this site are the opinion of the author and should not be considered professional financial advice. Please consult a financial professional before making any major financial decisions.

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Recent Comments

  • Travnik: SST you have peaked many ppl’s interest. I’m curious of the ones you’re actively involved...
  • Al: Yeah agreed, SST how/who/where can I get private direct ownership of oil/gas wells?
  • Jeff W.: Very helpful post Frugaltrader! For the last couple of days, it has seemed like the energy sector stocks had...
  • Clark: @SST: Thank you for the kind words.
  • BenC: Another VB update. Currency conversion is charged a 75 bps spread: https://www.virtualbrokers....
  • DanielC: SST could you provide some info’ on Private Equity in the energy market? (how to access it, where...
  • Ed Rempel: Amit, No problem. Just buy the new stock. The key test is that you can trace that the borrowed money was...
  • Ed Rempel: Hi Tony, If it’s all invested, all the interest should be tax deductible. I wouldn’t do your...
  • SST: There is a fourth avenue of energy sector investment: Private Equity. The three options listed are all, first...
  • 5inatrailer: Merci Monsieur Frugal!
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