Category archives: Announcements

Announcement: Moving to

Last update on Nov. 25, 2019.

Image Credit: bearsky23 /


I started this blog in the year of 2013. I was a bright eyed newbie entrepreneur at the time, with the ambition to create a robo-advisor before the term "robo-advisor" was even a thing. But instead of raising a whole bunch of money to create a robo advisor, I wanted to test out the concept first. So, I created MoneyGeek, a platform to help DIY investors.

It was only after launching MoneyGeek that I started to understand how hard running a business is. I struggled in particular with how to get MoneyGeek's name ...

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Discontinuing MoneyGeek's Portfolios

Last update on Aug. 5, 2019.

Image Credit: William Potter /


On the first Monday of every month (like today), I normally give an update on MoneyGeek’s portfolios. But as you can tell from the title, today is different. Today, I’ve decided to remove the model portfolios feature from this website.

I know that many of you have been using my model portfolios to invest real money, so I feel that I owe you a full explanation. 

Early last year, I started work on a successor website to the model portfolios’ page. I called it ‘Portfolio Expo’, and it was ...

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Announcement: We're Hiring An Intermediate Software Developer

Last update on Nov. 19, 2018.

Image Credit: Marko Aliaksandr /


As many of you might have guessed, I make very little money from running this website. I receive a small affiliate income from Questrade, but that’s about it. Rather, I make most of my money by writing custom software for “asset managers”, which is an industry term for those who manage money. (Some financial advisors qualify as asset managers, but the term also encompasses other entities such as ETF providers.)

I have been fortunate to see my company grow. Project requests continue to come in, both from new and existing ...

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Searching For A Business Cofounder

Last update on May 14, 2018.

Image Credit: Nong Mars /


It has now been over 5 years since I launched MoneyGeek. During those years, I’ve experimented with a lot of different product/feature ideas.

A minority of those ideas bore fruit, and they have given me the impetus to keep going today. Starting this blog, for example, has proven to be very worthwhile as it has allowed me to connect t with some fantastic people.

Other initiatives, however, have failed to meet my expectations. One such initiative is the site I created that site a couple of years ...

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Announcement: We're Hiring A Junior Software Developer

Last update on Oct. 23, 2017.

Image Credit: Shahril KHMD /


Given that all the resources available on this website are free, you may wonder how I (Jin Choi) make money through this site. Blogging and maintaining resources take a significant amount of time and as well as some money, yet I don't generate any advertising income through the site itself (though I do generate a small referral income by recommending Questrade through a YouTube video). Is MoneyGeek just a gratuitous hobby project?

The answer is No. The way I make money is by selling software development services to financial firms. I created this ...

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Announcement: I Will Be Writing Fewer Articles

Last update on Aug. 21, 2017.

Image Credit: Billion Photos /


Since I started this blog in 2013, I’ve written at least one article a week. But starting next month, I plan on writing just two or three articles a month.

The articles I publish will follow a pattern: I will continue to give my thoughts on matters that affect MoneyGeek’s portfolios on the first Monday of each month. On the third Mondays, I will continue to present my TFSA updates, as well as present my findings on my research into machine learning as a tool to use in investment choices ...

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My TFSA Update April 2017 - Premium Portfolios Discontinuation And The Future of MoneyGeek

Last update on May 15, 2017.

Image Credit: fantom_rd /


In this series, I (Jin Choi) talk about my goal of reaching $1 million in my TFSA account by 2033. If you want to know what a TFSA is, I recommend you read my free book. In this post, I’ll also explain why I decided to discontinue the premium membership, and talk about the direction I want to take MoneyGeek.


April Results: Down 6.4%

At the end of April, I had $59,630 in my TFSA account, which was down by 6.4% during the month. By comparison, the ...

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Have A Personal Financial Question? Ask An Approved Advisor

Last update on Jan. 2, 2017.

Image Credit: Mediaphotos /


EDIT: To direct a question to the approved advisors, set the visibility of the question to 'Approved Advisors Only' when you ask a question on the Q&A Forum.

Since I launched MoneyGeek, I’ve had a steady number of people ask me for advice regarding their personal finances. Sometimes, I was able to give them answers but at other times, I wasn’t able to. This is because I’m not a licensed financial advisor.

Regulation prevents me from giving personalized investment advice. I can answer general questions, such as whether or not I ...

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The Regular Membership Is Now Free

Last update on Sept. 25, 2016.

Image Credit: Wetzkaz Graphics /


As the title of this announcement suggests, I’ve decided to make MoneyGeek’s regular membership completely free. As well, I’ve lowered the price of the premium membership from $150 + HST every 3 months to $40 + HST each month.

This is a big announcement that comes after much deliberation, so I will explain my rationale later on in this article. But first, let me detail the list of changes.

First, if you are an existing regular member, you will automatically be converted to a premium member. Your account will also be credited ...

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Last update on July 25, 2016.

Image Credit: Volt Collection /


A few months ago, I launched the new ‘Stocks’ tool in this site. The tool provides ratings and information on nearly all Canadian stocks.

When I first launched the tool, I expected it to draw a lot of visitors. Unfortunately, I’ve been disappointed with the results. I believe there are a few reasons for the lack of traffic, but two of the main ones are loading speed, and the domain name.

When you go to the ‘Stocks’ page, it generally takes a second or two to load. That may not sound ...

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