Thursday 16 October 2014

Real estate investing

Hey everyone, and welcome to another blog by My journey to the millions. Today's blog will be about Real estate investing. We will be talking about the numbers game to succeed in this business, and why its such a great opportunity no matter where you live in the world.

Real estate investing is one of the best investments out in the world that you can get into that can lead you to financial freedom. What makes it the one of the best you ask? Its one of the easiest investments to get into that has huge leverage potential, or at least in my opinion. You can even be in profit the second you purchase the property if you do everything right. How you may ask? There are a lot of people out there who are in a rush to sell their house and will take a loss on their house just to get their hands on the money faster. Everyone has a different reason to sell their house for less then the actual value, weather it be divorce which is the main reason for people selling their house for less then the value, or if its handed down to the children after a death, bankruptcy, fore-closer etc. Whatever the reason may be is not your concern, this is your turn to shine and take it as an opportunity! We are going to use an example of a house that is appraised at 200,000 but the owners are selling it for 150,000. The second you buy it, you are now up 50,000 dollars. Now you may not be able to just throw 150,000 dollars at a house though, since most of us don't have that much laying in our savings. We not go to the bank to ask for a mortgage for the house. They agree to do mortgage of 70 percent of the house value. They do not care what you are buying the house for but only the value of the house which is 200,000 so they would give you 140,000 for the mortgage. Now you need 10,000 only for the down payment, so we are going to go to the owners and ask for them to finance you for the down payment of the house. Let's say they agree to this, that's 150,000 you now have from investors, and is enough to buy the house without using any more of your own and you have increased your net worth by 50,000! Now should you sell it? No way, we are going to use that equity to buy our next investment property. Now the compound effect begins. You may think these types of deals are not out there but they are. The numbers behind finding a good investment property is to find one good investment property, you must look at 100 houses, put in 10 offers, you will get 3 people to accept your offer and get financed for one. Sounds like a lot of work, but for 50,000 its well worth it. People do this in a month. The best part is the more you do this, the more real estate agents will automatically call you when they have a deal like this since they know you will buy that day if its a great deal.

Now that is only one part of the real estate investing world. The other thing you are looking for when you but one of these house's is to create positive cash flow money after all expenses of the house. You will have to pay maintenance, property management, mortgages, damages, and other expenses. This is why most people are scared of investing in this market. People are always saying "well what if your roof needs to be replaced?". "Great!" I say, that new roof will bring up the value of my house more then what I put into it! Do we sell to see those profits? No! We mortgage the value that is now added to our property, now why stop there? Add a garage, paint the house, make the house perfect! Most of the time, you will only add value if you replace and add to your property. This also increases the rental price.

This is why I believe real estate is one of the best investments out there. You can buy a house using 0 percent money down in some cases, which is undo-able in the stock market. One problem is you can't sell instantly but you can still finance the house and receive money in a short amount of time. This momentum only gets faster as you start to purchase more houses and move up to bigger pieces of real estate. Now wait til you see the tax advantages to this market! It's unbelievable. I suggest for you all to read "Rich dad advisors: Real estate riches" to learn more about how you can succeed in this business but dont stop there, this is only one book. Hope I opened your mind to how you can get closer to financial freedom! Have a good day everyone and stay connected.

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Monday 6 October 2014

The Next gold and silver opportunity

Hey everyone, and welcome to another blog by My journey to the millions. Todays blog is about silver and gold, is the opportunity here now, coming , or gone? I will talk about some of the predictions from people that I follow closely, and mention my favorite stock of a mining company.

In the last decade and a half golds value had been rising until just about 2 years ago when it peaked at 1900. Since then, it has been in a pretty sharp decline down to 1200 and is currently hitting its old bottom support line on a chart graph. If we break this support which is around 1180, we could see another massive drop in price. Silver has been hit even harder going from 50 dollars an oz to 17! So the question is, how do I profit off these precious metals? Truth is, you can make money no matter what the price does thanks to having so many worthless companies that aren't to hard to find and you can have access to shorting them. There is one problem though, is now really the time to be shorting after a huge discount of 30 percent in gold and over 60 percent in silver?! Maybe, maybe not. The reasons for the prices going to these levels, as im sure most of us know, is because of all the money printing (inflation), and panic from the great recession but the thing is we never fixed the problems we had during the years of the crisis. All we did was crank the money printers to full speed to prevent deflation by devaluing the currency! In my opinion, gold and silver is a buy because the panic to come in the future could be much worse then what we've seen so now is the time to buy you insurance/investment at a discount! I could be wrong of course about this prediction as we are set up for a great depression to happen fairly soon (next decade or so). What this means is it could be big deflation, or hyper inflation and if it is hyper inflation, you will be wanting to hold on to these metals. If its deflation, there is only one bonus and that's your metals holding its value still compared to other assets. One stock I will be purchasing fairly soon is Bri.v. It is high risk but no one ever got high reward out of low risk. I do not recommend buying any company, do your own due diligence, but this is what ill be doing personally. What I do recommend is learning from Mike Maloney why silver and gold are both great investments in his opinion. Here is his youtube channel: Whysilverandgold.

Overall, in my opinion, the next opportunity in the metals is here and I will be personally taking advantage of this. I recommend you do your own research as I have been doing research for about 2 years now. Like us on facebook and twitter, add me on facebook, and stay connected!

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Saturday 27 September 2014

How to become successful

Hey everyone and welcome to another blog from My journey to the millions! Today's topic is one everyone needs to read. We will be talking about how to become successful. How can you truly succeed at what you do, or want to do, no matter what it is. Invention, a business, sales, a better husband or wife, etc. Whatever it is, you can use this blog to help you get there!

If you truly want to succeed in life, you must have a burning passion for whatever it is you want! If you don't, its probably not what you truly want! You need to be able to see what you want, you have to imagine it. You have to have a completely clear vision of it. As I write this, I am on fire. I am ready to succeed, I am ready to go out into the world and do whatever it takes to succeed. I will succeed. This is the type of attitude you must have if you want to succeed. You must have an "I can" attitude. You must not let fear or procrastination stop you, or slow you down. You are bigger then fear! Humans keep doing the impossible daily, we can fly to the moon! We can create light on a glass to create television shows, we can fly in the sky from a machine that weights tens of thousands of pounds, we can build sky rises, and the best part is... It started from nothing, other then the imagination. We are capable of anything but most people don't realize their true potential. You need to become the type of person that you would be if you had already accomplished it. You can never stop or slow down, you must push yourself past your limits that you have placed on yourself. Your potential is limitless and you cant let anyone or anything make you thing otherwise. You must picture yourself already having accomplished what you want. Your attitude will determine everything you get out of life. You need to get emotional from the thought of succeeding because you want it so bad. You must want to succeed more then anything, it must be all you think about. Do you want to miss that opportunity because you were to busy sleeping? You must want to succeed more then you want to sleep, More then you want to eat, more then you want to party, or hang out with your friends. You must want it more then you want to breathe, like Erik Thomas said! You must want it! Stay motivated, and go out there and get it! You are here to win! You weren't put her to do anything else in this world but to win so go get out there and WIN WIN WIN! You can do it and the only person holding you back is you! So I am demanding you take action today and follow everything Ive written down here and go out there and GET WHAT YOU WANT OUT OF LIFE! You weren't put here on earth  to create someone else's dream! Go get what you want! Work hard and work smart! Hard work everybody, we make our own luck! READ LIKE SHARE

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Friday 26 September 2014

Network marketing is the way to go

Hey everyone and welcome to another blog from My journey to the millions! Today's topic will be on network marketing or multilevel marketing. Most people have a bad view on these types of companies, and some are for a good reason. We will be talking about some benefits and downsides to this industry.

Network marketing has been given a bad name, due to some companies failing, some scams from the past and people that say this system doesn't work simply because they don't work. In the end, if someone was to get hired to do network marketing for a wage, they would kick ass at it. Most people fail though because they give up so soon. You don't see a dollar from your job without working 80 hours, so what makes you think you'll see a dollar if you work 5 hours then quit? Network marketing is in the best position ever right now to completely explode. Baby boomers that can not retire comfortably and will be taking a chance in this market now. The younger generation also has less opportunity for jobs so they will be shifting to this industry as well. Right there alone can give this industry huge growth but we're not finished. Some believe the second Great Depression is coming and get when this industry thrives best, when the economy is doing bad! That's still not all of the reasons.  Half of American jobs are on track to be replaced by 2025 by robots and I'm not talking about low paying mcdonalds job. In fact, those will be the main jobs left. This all leaves it in a position to boom, we will see the peak years for this industry over the next few decades I could imagine.

I have came across multiple type of network marketing with different payment systems. Some have ladders, some pyramids, and some to complex to explain. You can find company's that you pay a one time fee and then are in the business forever, you can find company's that you pay monthly for auto ship, and you can even find company's that don't really charge much to start, such as the one i just got involved with. Just paid 104 dollars for an exam I have to do which they provide the course, and the opportunity to make 10,000 of one sale is there. Easy to recruit, income potential is huge, and you can make big money in the first month! I don't know what I would do if I found a better opportunity, this one seems so unrealistic already! Donald trump said take an opportunity for what it is, an opportunity. Remember to do your own research on a company and compare it to others before joining! It works if you work!

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Wednesday 24 September 2014

What is coming in the Global Economy

Hello, and welcome to another blog from My Journey To The Millions! Todays blog will be about the global economy, which is an important subject for anyone with a business, or any type of investments. While some of this may sound unlikely, it is very likely so keep an open mind as you read it. I will only be able to talk about a fraction of what I would like to in this one post so Id suggest doing your own due diligence.

Todays economy is far from great, or perhaps far from even a recovery as some governments may claim we are in. No matter where you are in the world, you felt what happened from the great recession and depending who you are, you may still be feeling it. What I am here to suggest today is we have some very big problems with our monetary system today. Deflationary forces on us right now our huge, due to so many different factors. We have a population growth stalling, we have business's not growing, except online business's, we have interest rates at all time lows, debt is shrinking, Etc. Here is a video from a trusted source of mine: Mike Maloney. Make sure to watch the full presentation on his website. Some say the stock market could drop as much as 90 percent in value with all the baby boomers selling off for retirement, and our current problems with the economy make that more likely then when they had predicted that a decade ago. We could be a decade away or perhaps years away from the second great depression. The thing is, its to complex to see into the future when it will come. Don't let this scare you as an entrepreneur or investor though. I read that there were more millionaires made during the depression then any other point in time. This may of changed to a new date in time but that still presents opportunity for the upcoming years. Wealth is never destroyed, but simply transferred. If you position yourself right, you can get boom during whatever comes the next few years. As the middle class is shrinking in western countries, the middle class is actually growing over in the eastern, like in china. Of course they got some troubles it seems with their real estate but overall, it would seem wealth is starting to transfer from the west to the east now. One thing to remember though is from the last 10-15 years, we now have a global economy, all economies move as one due to world wide trade.

Anyways enough with all that, lets talk about how we are going to make money no matter what happens in the economy. Ways we can keep income coming from business's is to start an online company or network marketing company. Network marketing companies have seemed to prove massive growth during recessions when people start to look for other opportunity's in the world. Of course, do your research before choosing a company. Online company's are great as well, which is not great since they do not help produce a middle class which is what is needed for a strong economy. Millions of people are switching to online television from cable. Some of the biggest company's today are becoming obsolete. |Real estate is also a good one if you know what type of places to get. Cheaper rental property's will be good during this time and the poor class grows and middle class shrinks. They will be needing affordable housing after all. You need to evaluate your company(s) as a lot will be dying off if and when this bust happens in the economy. A lot of financial company's will become bankrupt most likely during this time. They have grown too much and the free market, or what's left of it when this all plays out, will take care of this. That doesn't mean they will all die though. In order to keep your business above water, you need to plan in advance what you can do to be super competitive until this all plays out. Think about how you would run your business in ten years from now. Now lets look at some investment plays for during this time. Depending what the American reserve does, gold and silver could turn out to be a great play. This means companies producing gold and silver could explode if this happens. Of course, the financial system will be scary during this time, and you may not want to trust having your money in a company that may or may not fail. Insurance company's may not be able to cover all of their expenses during this time. Some companies will explode during this time as well, that are position properly and have a game plan for this event. I want you all to keep an open mind to what you can do to keep your business afloat when this comes, what type of business you can create that will thrive during this time, and what kind of investments will provide huge returns since we will be in the greatest transfer of wealth of all time. I will have another blog to provide more detail no this topic in the next couple of weeks as it is to long to post in one blog.

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The face to the name

Tuesday 23 September 2014

How to get ahead financially in vancouver

Hey everyone, welcome to another blog from My Journey To The millions! We will be talking about a few ways how one can get ahead in Vancouver. British Columbia has the highest child-poverty rate in Canada, and has a shrinking middle class. Of course, there is some bright sides to this, the rich class is growing! Overall though, this is very bad because a country without a middle class is a third world country. Lets hope this trend changes, but until then, lets not focus on our financial success on chance and luck.

In Vancouver, real estate is over valued, or at least it is to my belief. I am not saying that it is going to go down next year, it could very likely continue going up for years but what I am saying is the opportunity is limited there in my opinion. If you look hard enough of course, you will find opportunity though so don't let that stop you! The cost of real estate also drags up the rent price. This makes it hard for small business to get ahead, since a lot more of their products cost more and their rent prices cost more, unless they get their products from somewhere else in the country, or world. If your going to have a small business, this may get you ahead but set a goal of creating a big business. This is how you will get ahead big time, and will lead to financial success if that is what you truly want.

In my opinion, the best ways to get ahead in Vancouver is to start a network marketing company, be in some sort of sales, business, or to be an investor of course. Network marketing is a great way to start a business, for little to no money, and there is no limit. Some people look down on this type of business but in the end, its just as hard as starting your own restaurant, or being a door to door sales men, or any other business or sales job. Next, In Vancouver, we know real estate is very expensive. This is a downfall for looking for an investment property, but to be a realtor and collect a percentage of a sale that is that huge is incredible! Once you build your image up, you can be flipping houses like crazy! Anything that is a higher value that includes a sales job that pays commission Is an opportunity in Vancouver, keep that in mind when you say that service, asset, or business is to expensive. business is another great way to get ahead, you can make a decent amount of money by starting a business but remember with a shrinking middle class, your goal is to create a big business! If you don't grow, a company that is doing what your doing will buy your company in a downturn! Don't be the one selling your company is a down turn, be the one buying your competition. Perhaps consider a online business, as they are growing rapidly in our current economy! Cheap to start, and run, with the potential to make just as much as any other business! Last but not least, investing is a great way to get ahead. We still have access to the stock market, which means you can invest all around the world from your house! Even real estate around the world, you are capable of investing in. America has a lot of opportunities and is very close depending what part you are looking to invest in. we can buy and start companies world wide, from our computer. Of course you might have to take some flights yearly or monthly but don't take that out of the options. Some places have better tax rules, better price to earnings and other things like that which can benefit you starting a business there.

Anyways, this is it for todays blog, hope this opened your mind a bit more to how to get ahead in Vancouver, where the cost of real estate is over valued causing higher poverty, making it harder for the average worker to get ahead and for smaller business's to get ahead. I will be having blogs further more into these subjects in the near future! Have a good day everyone.

UPDATED BLOG:How to get ahead in vancouver 2 MUST READ

Check out our new and improved blog on how to get ahead. better than this, it has tips about paying less tax! Make more money by starting to keep more money in your pocket.


The face to the name

Monday 22 September 2014

From nothing to Everything

Hey everyone, welcome to My Journey To The Millions first official blog. Todays blog goal is to make you see the "how can I" side to your goals. Most people these days have a dream of owning their own business but never start because of the amount of money it takes. Some people think In order to start a successful business, you need to take a business course. We are going to look at a few big companies and you may be surprised at which companies are posted here as they weren't started in your regular office you may imagine today when you hear the company name.

As some of you may know, Alibaba just launched its IPO. The company's value skyrocketed to a 250 billion market cap. Jack Ma has a net worth of 18 billion now, the company was started in an apartment. The company is only about 20 years old. This is why I decided to make this blog, I had realized there are a lot of mega big company's that had been started just out of the house. Lets take a look at some other company's that did this.

Facebook was started in a dorm room by Mark Zuckerburg, which is a company with a market cap of 202 billion as of today. The company was founded in 2004 and his net worth is 33.3 billion dollars.

Amazon was founded in 1994 by Jeff Bezos, with a market cap currently at 153 billion dollars. Jeff's net worth is 30.6 billion dollars. Amazon was started in Jeff's garage.

Apple was founded in 1976 out of a garage by Steve Jobs . Apple has a market cap of 600 billion, the highest in the world. Steve Jobs died with a net worth of 10 billion in 2011, may you rest in peace Steve.

Google was founded in 1998 in a garage by Larry Page and Sergey Brin. Google has a market cap of 403 billion. Google was also started out of a garage.

The point of mentioning all of these is to help you take action. If you got an idea just start it, don't worry about money or experience, it will come to you! Its crazy how these are some of the biggest companies in the world and they were started from their house. Here our a few more: Harley Davidson, Hewlett-Packard, Lotus Cars, Maglite, Mattel, Yankee Candle Company and that's just a few of them. The first 5 company's I posted, none of the founders has any type business degree that I could find on Google. In order to become this successful, chances are a business degree wont get you their, but your imagination, vision, and action can and will. Start today, and you will find a way!
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The face to the name

Sunday 21 September 2014

Introduction

Hello, and welcome to My Journey To The Millions. This blog is based on my journey to the millions, and what I am doing to reach my goals. If you are an investor or entrepreneur who is still in the beginning stages, I would suggest you follow my blog as it will be a benefit to you.

Let me start of by telling you a bit about myself. My name is John Hebein-Caunce, feel free to find me on Facebook if you would like to network. Remember, the wealthy builds networks, everyone else goes work. Credit to anyone who knows who quoted that, he is one of my number one role models/mentors. I started My Journey to the millions as a Facebook page to present my accomplishments, progress and goals but quickly changed it towards a motivational page to increase page likes as I have learned most people are interested in themselves and their goals rather then others. This is the reason which I have started this blog, I plan on changing my Facebook page on helping others in ways such as learning from my mistakes, changing their mindset, and getting them to think outside the box for ways they can attract the attention they need to be successful.

This blog will be posting many different types of post that can help you become successful in life, no matter what your goal is. I will be posting book reviews, business plans, how to market better, experience with sales, stocks, real-estate, etc. I am still new to this all but I can help you with what works and what doesn't work. If any of this interests you, stay connected to this blog, like my Facebook page, add me on Facebook, and lets get ready to start not just my journey to the millions but yours as well! Hope to speak to you soon.

Our greatest blog to date can be viewed here How to get ahead in the city of vancouver (or any other expensive city)

The face to the name