Thanks for stopping by Million Dollar Journey. A little about me (FrugalTrader) – I am a married Canadian (with 2 young children) 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.
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).
Update 1: 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. Stay tuned though, this is just the beginning…
Update 2: Our new financial goals are all about financial freedom. Basically generating enough passive income to pay for our recurring expenses. What is the new goal? My new financial journey starts here.
Here is some more info about me:
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If you’re still confused as to where to start, check out the Million Dollar Journey User Guide.
- Million Dollar Journey has received some positive media attention from a national newspaper: The Financial Post . Here is a snippet:
..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 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. You can read about the article here.
- Nominated on GlobeInvestor.com as “Best of The Blogs.”
- We have had small mentions in the popular publications The Globe and Mail, The Toronto Star, BNN and MoneySense Magazine.
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That’s all for now! Contact me if you have any questions.
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.