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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!

With the mandate of leveling the playing field between the rich and the middle class, the latest proposal from the Trudeau government is to make drastic changes to the way that small business is taxed, specifically, Canadian Controlled Private Corporations (CCPC).  I will admit that as a small business owner, there are a number of… Read More


I was speaking to a co-worker recently about some concerns she had about retirement. Since government work isn't a stable environment right now (at least here in NL), she started to talk about the number of pension contributing years she needs in order to retire.  With a typical defined benefit pension plan (pensions explained), the… Read More


Welcome to the Million Dollar Journey August 2017 Net Worth Update – Team MDJ edition. A select group of readers were selected to be part of Team MDJ which was conceived after the million dollar net worth milestone was achieved in June 2014. SmilingSaver was selected as a team member and will post net worth… Read More

dogs of the tsx

At the beginning of the year, I wrote an article about the Dogs of the TSX also known as the Beating the TSX stock strategy (BTTSX). In this strategy, the largest publicly traded companies in Canada are sorted by dividend yield, then the top 10 positions are purchased annually (remove former income trusts and stocks… Read More

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

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

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


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