Canada’s online banks are innovating and stealing market share faster than most people thought possible a couple of years ago. According to the Canadian Bankers Association, 78% of Canadians now do most of their banking online - and that number just keeps climbing. This shift has proven to be a lot more than a short-term trend or pandemic blip. The move to digital banking appears to be permanent, and it’s not surprising when you think about it. For most people, managing money online is qu...| Million Dollar Journey
Now that we’re trading the dog days of summer, for the cool crisp autumn air, Canada’s robo advisors are rolling out some very tempting seasonal promos for Canadian investors. Justwealth is leading the pack with a cash bonus of up to $500 for new accounts – the best robo advisor offer we’ve seen yet! Even with more Canadians waking up to the high fees and lacklustre results of the big bank mutual fund model, too much of our investment money is still stuck in those traditional fee-suck...| Million Dollar Journey
Canada’s all-in-one ETFs (also called portfolio ETFs) have been the single most important investment product innovation since I’ve started writing about this stuff nearly two decades ago. The Vanguard, iShares, and BMO all-in-one ETFs are the perfect marriage of index investing strategy, convenience, asset allocation math, and behavioural safeguards. These ETFs - which are actually a collection of smaller ETFs - are so diverse that they actually include several of the Best ETFs in Canada,...| Million Dollar Journey
As we look ahead to summer and the second half of 2025, it’s time for an updated look at the Best Online Brokerages in Canada. With RRSP season in the rearview mirror – and what might be shaping up to be another round of “tariff season” drama ahead – now’s the time to lock in the easy DIY investing wins. I’ve been writing about Canadian online brokers for nearly 20 years, and the changes in the space have been massive. Fees have plunged, platforms are smoother than ever, and com...| Million Dollar Journey
EQ Bank Account Options and Interest Rates Account TypeInterest RateBest ForDaily High Interest Account1.25%* (Plus 2.75% if you direct deposit your pay)People who want the highest consistent interest rate in Canada + free e-transfers + super cheap international money conversion + FREE BANKING + USD Accounts for Canadians EQ GICs2.60% - 3.60%Folks looking to get a high ultra-safe return EQ TFSA Account3.60%The highest guaranteed rate of return in a TFSA in Canada.EQ RRSP Account3.60%The hig...| Million Dollar Journey
Picking the best Canadian Dividend Stocks for 2025 isn’t an easy task! After such a stellar year in North American equities in 2025, there is much more room to move down than up. That said, my dividend stocks portfolio is all about long-term cash-flowing companies with large financial moats to protect them. Each month I take a look at the stocks that I highlighted at the beginning of the year, and I focus on the following key dividend stock comparison points: Dividend Yield Dividend Growth ...| Million Dollar Journey
