I’m now saving and investing my way to a million dollar portfolio…but it wasn’t always that way.
I started investing when I was in my early 20s after reading David Chilton’s The Wealthy Barber. I started my investing journey, albeit blindly all those years ago by putting my hard-earned money into big-bank mutual funds and paying high management expense fees in the process. Little did I know how much these fees would kill my portfolio returns over the years.
Over the years, I’ve read books and learned to pay close attention to where, how and when to invest my hard-earned dollars. I’ve also learned to be wary of the financial industry. Why? The way I see it, nobody cares more about my money than I do. You should feel the same about your hard-earned dollars.
My name is Mark Seed and I’m the editor, founder and owner of My Own Advisor.
My goal is to own a $1 million investment portfolio with my wife for an early retirement – thanks to diligent saving and investing habits we are more than halfway there. In 2016 our portfolio passed $500,000 mark but there’s more work to do.
Personal finance and investing is a growing passion of mine and I will be using this site to post my thoughts, opinions and journey to financial freedom being my own DIY financial advisor.
Owning a $1 million portfolio is a very lofty financial goal but we figure that is “enough” to fund our early retirement dreams:
- Own a $1 million investment portfolio by age 50.
- Draw on workplace pensions after age 55.
- Own a paid off home around age 50 (and stay away from debt for good)!
- Government benefits like CPP and OAS should be “icing on the cake” as we get older into our 60s and beyond.
Join me in the journey. Save, invest and prosper by following my site.
I welcome all feedback on this site and I will do my best to answer any general questions you have.
Drop me a line!