Million Dollar Journey

Building Wealth through Saving and Investing

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QuickTax Winners, Book Giveaway, and Weekend Links

QuickTax Winners

The long awaited QuickTax winners have been chosen and are now ready to be announced!  Out of the 184 entries, there were 3 winners randomly chosen for free online tax filing this year.  The winners are …

  1. Lyne (2)
  2. Karash (32)
  3. PH (106)

Congrats guys!  I will be contacting you shortly with the QuickTax codes.

Another Book Giveaway Ending Soon

For those of you interested in Warren Buffet, we are giving away a copy of Pilgramage to Warren Buffet’s Omaha.  Simply leave a comment in that post for a free entry.  Better hurry though, the giveaway ends 5pm EST today (Friday)!

Weekend Links

One year ago today, I wrote about the Tax Free Savings Account (TFSA) being introduced in the federal budget.  How many of you have already opened a TFSA?  If you’re interested in opening up a tax free trading account, here are some discount brokerages offering them.

Canadian Capitalist indicates the danger of chasing yield and uses Derek Foster as a prime example.

Financial Highway says that retirement planning Canadians are more confident than Americans.

Money Gardener ponders if any dividends are safe?

Michael James and Money shows us that stepper GIC’s are great marketing.

I Will Teach You To Be Rich explains why average is not normal and why most people get this wrong.

Money Grubbing Lawyer picks his favorite personal finance blogs!

Yaro Starak has an inspirational post on how to master the inner game of business and life.







8 Comments, Comment or Ping

  1. Thanks for the mention. I particularly liked the “average is not normal” slide show you pointed to.

  2. 2. Ray

    Thanks for the mention MDJ.

  3. Thanks for the mention! Have a great weekend!

  4. Hard to believe it’s been a year since the TFSA was announced! I guess it seems more recent since it’s only been available for the last 8 weeks.

  5. 5. Azahar

    This information is so helpful, I’m definitely going to close my old savings account now that has been costing me so much money! I’m glad the TFSA finally started!

    I’ve been looking for banks that pay higher percentage rewards on checking accounts, a lot of my friends use it and have loved it. I found this tool helpful for me on CheckingFinder.com They have a list of banks offering up to 6% in reward checking accounts just to use the debit card, online banking, or use direct deposit

    I’ll pass it on:

    Bank Rates:

    First Robinson Savings Bank – Robinson, IL
    6.01
    Southern Missouri Bank & Trust
    6.01
    Bank of Ripley – Ripley, TN
    5.26
    Communication Federal Credit Union – OK
    5.25
    LA DOTD Federal Credit Union – Denham Spring, LA
    5.25
    Keystone Bank – Auburn, AL
    5.15
    Connexus Credit Union – Wausau, WI
    5.15
    Altra Federal Credit Union
    5.05
    Farmers and Merchants – Nashville, IL
    5.05
    Community State Bank – Poteau, OK
    5.05
    First State Bank – Kansas City, KS
    5.03
    State Employees Credit Union – Santa Fe, NM
    5.02
    Grand Bank of Texas – Grand Prairie, TX
    5.02
    Harbor Credit Union – Green Bay, WI
    5.01
    Malvern Federal Savings Bank – Paoli, PA
    5.01
    Union State Bank – Everest, KS
    5.01
    United National Bank – Cairo, GA
    5.01
    First Banking Center – Lake Geneva, WI
    5.01
    Noble Bank & Trust – Anniston, AL
    5.01
    The Community Bank – Brockton, MA
    5.01
    Bank of Little Rock – Little Rock, AR
    5.01
    Community Bank of Pleasant Hill – Pleasant Hill, MO
    5.01
    Community Bank of Raymore – Raymore, MO
    5.01
    Olmsted National Bank – Rochester, MN
    5.01
    Royal Banks of Missouri – St. Louis, MO
    4.78
    Texas Citizens Bank – Pasadena, TX
    4.76
    Courtesy of BancVue.

  6. 6. DAvid

    Azahar,
    Could you provide a description of how to access these banks while residing in Canada? Since this blog is largely about Canadian finances, it would be useful to fully understand how best to access these accounts across the border.

    Thanks.
    DAvid

  7. 7. Philip

    I opened my TFTA account in questrade about one month ago, but haven’t committed any fund yet. I planned to put cash in there once I sell Manulife shares. Hack, the price has plunged in last two weeks. My sister is happy with ING’s TFSA and she started tax free saving since last October. So, she is ahead of me when it comes to tax.

  8. Thanks for the links – certainly make for interesting reading.

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