A Must Read Book If You Want To Get Ahead Of Your Life

I have never recommended a book which I have not finished reading yet, but this book is an exception. It’s the latest book by MJ DeMarco: UNSCRIPTED: Life, Liberty, and the Pursuit of Entrepreneurship. The book is quite long with over 400 pages. I have completed reading about 1/3 of the book and I can’t help but share it with you, partly because I totally resonate with what I have read so far and most importantly, I have also read MJ DeMarco’s other book: The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime. This book really inspired me and provided me with clarity and encouragement in the pursuit of freedom, may it be personal or financial. And that’s why I purchased the UNSCRIPTED: Life, Liberty, and the Pursuit of Entrepreneurship book right away when I received an email from MJ DeMarco announcing the availability of the new book on Amazon in 05/24/17. I purchased the Kindle version of the book and immediately put the other book I was reading aside and starting reading this book whenever I have the chance. If you really want to get ahead in life, you need to follow his Unscripted advice. I highly recommend you to preview his book below:

7 Resources to Smarter Home Buying by Jasmine Dyoco

I am contacted by Jasmine Dyoco to share some resources she found which are valuable for home buyers & investors like. Here in her own words: “My sister and her husband recently had a nightmare of an experience purchasing and modifying their new home. After working with a realtor who didn’t seem to have their best interests at heart, they also had to deal with a contractor who refused to finish his work without being paid in full upfront. They had to navigate the entire process from across the country, and it put a major damper on the excitement of buying a new home.

No one should be robbed of that joy. In the interest of helping others avoid the same frustration, I decided to put together some helpful resources about safe home buying practices. …”.

Below are the 7 Resources to Smarter Home Buying Jasmine Dyoco wants to share with our visitors:

Real Estate Terminology
http://worklife.columbia.edu/real-estate-terminology
Fulfilling the American Dream: A Guide for Disabled Homebuyers https://www.redfin.com/blog/guide-for-disabled-home-buyers

Fair Housing for the LGBTQ Community
http://www.mortgagecalculator.org/helpful-advice/fair-housing.php#lgbtq

How to Avoid a Real Estate Scam
http://money.usnews.com/money/personal-finance/articles/2015/03/24/how-to-avoid-a-real-estate-scam

5 Real Estate Scams You Need to Know About http://realtormag.realtor.org/law-and-ethics/law/article/2010/08/5-real-estate-scams-you-need-know-about

The Step-by-Step Guide to Finding, Hiring, and Working with Contractors http://www.homeadvisor.com/r/guide-to-hiring-a-contractor/

Home Contractor Scams
http://www.theredguidetorecovery.com/home-contractor-scams/
Jasmine Dyoco – educatorlabs.org

The Amazing Alexapure Breeze Air Filter

May is traditionally my worse allergy season of the year. It’s been many years without fail that I would come down with hay fever for several days in May and I had to call in sick for at least two days. Usually what happens is that right after I mowed the lawn, I would start sneezing, getting itchy & watery eyes and finally, the cold like symptom starts to develop. I would then feel cold, getting a headache and develop the fever. The good thing is that I would feel much better after coming out of the ordeal in a few days and the allergy symptom would be greatly reduced.

Anyway, during the allergy season, I try to avoid the outdoors, but I found out that even if I am staying at my house all day, I still feel the air full of allergens. For example, when I get up in the morning, I usually have to cough out the phlegm developed in my throat during sleep at night. That tells me how much pollutants I breathed in during my sleep. So I had this thought in my mind for some time and one day while browsing Amazon’s website I came across an air purifier and the light bulb was turned on in my head, maybe an air purifier would help in reducing the air pollution at home and in reducing my allergy symptom as well. But that was just a thought, an idea, I was still not sure if I should get one because I think they are quite expensive. Well, not until I came across with the AlexaPure Breeze Air Filter from PureAir4Patriots.

After going over the features and specification of AlexaPure Breeze Air Filter, I decided to purchase one and so far I have not been disappointed. Alexapure Breeze is an indoor air purifier. The 4 stage purification system removes up to 99.7% of allergens, dust, dander, dirt, bacteria, viruses and odors from the air. It’s one of the quietest air filters on the market (16-45dB). It has 5 fan speeds that can automatically adjust from slow filtering to super high rates of filtering based on the real time actual air quality in your home.

I am very impressed with the three layer filters. The carbon filter actually contains tiny carbons in the filter and with another lay of true HEPA filter, the airborne contaminants are removed quite effectively up to 99.97%! It has an auto mode, silent mode, and a timer. Personally, I like the auto mode. It can also detect the light condition. If you are ready to go to bed and turn the light off, it will detect that and after a little while, it will go into the silent mode.

The wavy LED light indicator changes the color from red to purple to blue as the air quality in the room improves with the air filter, which is very cool!

So far I have been very happy with the Alexapure Breeze air filter, it helps in reducing my allergy symptom, but of course, everybody’s allergy symptom is different, the Alexapure Breeze air filter may help in improving the air quality in your home, but it’s not a cure for your allergy. Please consult with your doctor if necesary. Below you can see more pictures of the AlexaPure Breeze Air Filter I took.

“You’re Fired” – The End of Jobs

Are you holding a 9 to 5 job and think your job is secured? If so, I really recommend you to watch last night’s CBS 60 Minutes program titled “You’re Fired“. Apparently, there is a trend going on with the big corporations to replace high paying high tech workers with cheaper foreign workers, mainly from India. I know because this is also happening at the company I work, even though it’s not mentioned in the 60 Minutes program. And I totally agree with the sentiment of the gentleman being interviewed in the program who got fired and forced to train his replacement from India in order to receive severance pay.  Well, this is totally against President Donald Trump’s bring American Jobs Home policy and that’s probably why so many big tech companies are against Donald Trump’s presidency, just my two political cents and I want to digress…

My take on this is to prepare yourself for the inevitable of job loss, if your job is not being replaced by a cheap foreign contractor now, it may be replaced with a robot in the near future. So, do not be complacent with your current job situation, start something on the side, a side hustle so to speak. You can start a part-time business or learn a new skill. There are plenty of free or paid resources out there. When the student is ready, the teach will appear as the saying goes.

To get started, I highly recommend you to read the book The End of Jobs: Money, Meaning and Freedom Without the 9-to-5 by Taylor Pearson, available at Amazon. 

If you are interested in starting a business, I highly recommend you to take a training class with T. Harv Eker International.

And of course, I am not just preaching, I am actually doing it myself as you may find out that I launched the “SOS EDC” brand selling two products on Amazon currently and start investing in real estate. I will be no doubt going full blown if I ever got fired from my current job or the side hustle got better than the 9 to 5 job.

Wishing you the best!

Kenny L.

Zero To Multimillionaire / Million Dollar Business Secrets

I learned about T. Harv Eker from a podcast about real estate investing and T. Harv Eker is the guest of the podcast. I signed up one of his online training course after attending his free webinar. I must say the knowledge he teaches is worth way more than your typical MBA class but costs way less. If you want to learn how to be successful, please do not hesitate to sign up for his upcoming training as described below.

Success is simple if you follow these 6 proven principles that T. Harv Eker’s brand new training, “Zero To MultiMillionaire” will reveal!

It’s free, so reserve your complimentary seat by clicking right here.

On this T. Harv Eker Signature Class, you’ll learn:

* 6 specific principles that make the biggest difference between getting rich and staying middle class or broke

* T. Harv Eker’s single biggest regret (this cost him 11 years of extra struggle) and how you can avoid it

* The reason 80% of businesses fail within the first 3 years and instead how to skyrocket your business right from Day 1.

* How to identify and eliminate 3 “success killing” mistakes almost everyone makes

* A single strategy that will multiply your wealth by TENFOLD

* The myth of “multiple streams of income” and why it could destroy you vs. help you

* A five letter characteristic you MUST develop in order to be successful

* Why the “right” vehicle is not the most important key to creating massive success

* How to turn your business into a money-making machine so you never have to work hard again

* RV+ RK + RY= Success. Learn this rarely taught formula and you are virtually guaranteed to get rich.

Plus much, much, much more.

This is a brand new class with T. Harv Eker that may actually change your life.

So take 2 seconds to confirm your spot.

Do it now while it’s fresh in your mind!

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Reclaim Your Front Pocket with SOS EDC™ Compact RFID Blocking Anti-Theft Belt Wallet

Hidden Neck / Pocket RFID Blocking Travel / Everyday Carry Anti-Theft Passport Belt Wallet / Pouch by SOS EDC™ - Never Lose Your Wallet Again!As I mentioned before, I replaced my leather bi-fold wallet with the SOS EDC™ Compact RFID Blocking Anti-Theft Belt Wallet. I used to put it in my front left pocket of my jeans, that’s all fine with my relaxed fit jeans which the pocket is bigger. However, recently I am into slim fit jeans which I believe looks better on me, thanks to my persistent works out. :-), and naturally, the pockets on the slim fit jeans are a bit small for the SOS EDC belt wallet even though it still fits.  Well, that’s all fine but it’s even better when I found out that I can put the wallet in the back pocket of my jeans.

For years I have been wondering why some people put their wallets in their back pockets. Since the ordinary wallets are not secured with a belt strap like the SOS EDC™ Compact RFID Blocking Anti-Theft Belt Wallet, they can be easily picked by thieves or just fall out the pockets. However, with secure belt strap on the SOS EDC™ Compact RFID Blocking Anti-Theft Belt Wallet, you don’t have to worry a thing about being pick-pocketed or slipping out of your back pocket! And the best thing is your front pocket is free now for other stuff or keeping your hand warm ;-).  Brilliant! isn’t it?! 🙂

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Achieve Your New Year’s Financial Resolution with Check Book IRA®

I simply cannot believe how fast a year has gone by! And before you know it, the first week of 2017 is becoming history. I hope you have accomplished all the goals you set at the beginning of 2016. As for me, I believe I have met the big goal of learning to sell on Amazon in 2016.  However, the online selling business is by no mean a success. So one of the goals for 2017 is to continue to put more effort into learning and growing the business.

Another goal I set for the new year is to diversify my retirement plan investment. First of all, let’s be clear that I am not a financial planning expert; anything I discuss here is my personal opinion after listening to real estate investing podcasts. With that said, I currently have a 401k plan which I participate at the company I hold a full-time job with. I also have a Roth IRA which I rolled over from a previous employer’s 401k. I would say one of the few reasons you should participate in your company’s 401k is for the benefit of the employer’s match to your contribution which is sort of a guaranteed return. Your maximum 401k contribution should be up to the maximum employer’s match percentage.

The other benefit of your employer sponsor 401k is the ability to get a loan from your 401k plan. You can borrow up to 50% of the plan value up to $50k. You can use the loan toward purchasing your primary home, the loan payback term can be up to 20 years for this purpose. Or you can request a general loan, however, the loan payback term is the maximum of 5 years. You will be charged a loan interest which I believe is reasonable. You can find out more information on your 401k plan from your plan administrator’s website. Other than the benefits stated above there are far better retirement plan options available which I learned recently.

Right now my main concern is with my Roth IRA, which I have with Scottrade and it’s all invested in the stock market.  I want more diversification in investment option and direct control in decision making which I didn’t know possible until I listened to some financial investing podcasts. I actually contacted two companies I learned about from podcasts.  One of them offer what’s called the eQRP – Qualified Retired Plan, the other offers the “Solo 401k” and the “Checkbook IRA”. After reading the downloaded e-books and some discussion over the phone, I believe the Checkbook IRA is suitable for my situation, but I still have some doubts on how the Checkbook IRA works & I emailed that company back, but have not received any response, so I did a Google search and clicked on the first search result, which is from www.checkbookira.com. I found this website is very well organized and explains the Check Book IRA & the Sole 401k retirement plans in an easy to understand fashion. By the way, they actually came up with the name Check Book IRA® and own the Federal trademark which is why that’s name of their company.

What also impressed me the most is how responsive the support they provided and they are from the highest level of the company staff as well. The company president Peter  F. Rizzo is the first to contact me via the chat feature on the website and he called me right away since there are topics can’t be easily explained on chat. Since I really have limited knowledge of retirement investment plans, I asked a lot of questions over the next two days via chat & email.  Jordan Sheppherd, the CEO of the company also stepped in answering my questions when Peter Rizzo is not available.

According to Jordan Sheppherd: “More and more people are beginning to see the advantage of diversifying their retirement money into real estate and other investments outside the stock market.  Considering that this has been possible since retirement accounts came into existence, and given the fact that a number of structures exist which give a person complete control over their retirement funds to invest in what they know, it’s not surprising that this has become more popular as more people learn this is a possibility.”

“The Solo 401(k) is an especially powerful structure.  If retirement structures were cars, the Solo 401(k) would certainly be the Rolls Royce.  It’s so easy for a person to qualify to set up a Solo 401(k), in my opinion, everyone should have one.”

In my situation, since I have a Roth IRA, the best option could be to roll over/transfer to a Check Book IRA. IRAs can’t be rolled over to a 401k plan. I am pretty sure I can’t touch my Work 401k, otherwise I would definitely roll it over to a Checkbook IRA or a Solo 401k.

How the Check Book IRA works is that you register an LLC in your state or other states of your choice, which I later found very intriguing and why I ended up not having the Check Book IRA but still endorse their service. You then make yourself of the LLC manager, open a business checking account in the name of the LLC, which basically giving you the check book control of your IRA investment fund. This will open up a whole lot more choices in what you can invest in, such as real estate, precious metal, tax liens…etc. And you don’t have to go through the custodian like the self-directed IRA to get the approval when making an investment decision and save the fee you have to pay them as well.

They recommend registering the LLC in New Mexico which does not charge an annual LLC tax like other states. Since I live in California, I have to pay the annual $800 LLC tax and I first thought that I can avoid the tax by registering the LLC in New Mexico, but it turns out that California still charges the $800 LLC tax even if the LLC is registered with another state. However, if you don’t live in California, your state may not charge the tax, you need to check with your state, but even if your state charges the LLC tax, I am sure it will be a lot lower than that of California. I decided to cancel the Check Book IRA application after they confirmed with me about the California LLC tax. The cancellation went very smooth and with no hassle, the support staffs from Check Book IRA and their IRA custodian company Kingdom Trust are very friendly and efficient.

For the amount of fund I have in my Roth IRA, I don’t see paying California the hefty LLC tax is worth it at this point.  And since I only have one specific real estate investment in mind, the self-directed IRA is sufficient for the purpose. But keep in mind that you don’t have the check book control with the self-directed IRA, every transaction needs to go through the self-directed IRA custodian instead and get charged a fee on every transaction.

What I will do is to sell some stocks from my Roth IRA, transfer that fund to the new self-directed IRA. One advantage of the self-directed IRA is it has a lot more investment choice than the regular IRA, the Roth IRA I have can only invest in the stock market.

When comparing with all the retirement plan options available, I believe the Solo 401k is the best choice for control, flexibility and cost effectiveness. I will certainly consider opening a Solo 401k plan with “Check Book IRA” later on.

I strongly encourage you to check out www.checkbookira.com and find out their Check Book IRA and Solo 401(k) services. By the way, I found out their plan fee is actually lower than the other company I contacted prior to them. Also, I do not get any compensation from Check Book IRA by endorsing them here. I recommend them solely by being impressed with their offers and services.

As mentioned earlier, I am not a financial planning expert, please consult with your CPA or financial planner before making any investment decisions.

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SOS EDC™ Carbon Fiber Leather RFID Blocking Anti-theft Passport Wallet w/ Removable Chain Amazon Reviews

Product reviews are very important to any online seller and it’s a vital part of the e-commerce business success and I certainly realized that. That why I encourage existing customers to leave a product review after they ordered & received the product. I could have done like many other sellers to offer a deep discount or giving out the product for free to solicit favorable reviews from friends and family members. There are quite a few paid services out there to get reviews as well, however, I have not opted for doing any of these tactics, but I did ask existing customers to leave an honest review if they have a chance.

So far there are two not so great reviews posted on the Amazon website by existing customers, one of them even only has one star. Even though the bad reviews are not what I am hoping for, but they are very helpful in improving the product design & quality. In this case, the most complained issue is the eyelet on the Carbon Fiber Leather RFID Blocking Passport Wallet with the Removable Chain. Both reviews complained about the eyelet on the wallet came off after only a short period of usage. Fortunately, of the many sold wallets, there are only two complaints but don’t think I will take this lightly. I will do whatever it takes to remedy the issue to the customer’s satisfaction. First of all, I will be glad to issue you a refund or exchange if you encounter the same issue or simply are not satisfied with the wallet’s overall appeal & quality. Secondly, I will take note on the complained issues and report them to the manufacturer to improve the product which I have already done so in this case.

The second complaint in one of the reviews is that the leather on the wallet is too thin. However, I don’t totally agree with this. The outer part of the wallet is mostly made of carbon fiber material which is very durable. Yes, when you open the wallet, the leather which the credit card & passport compartments are made of is kind of thin, but I believe that’s a good thing. Since the leather is also lined with RFID-blocking material, any additional thickness will make the wallet too bulky and heavier. The RFID-blocking material also provides the added durability to the leather. So far I have not heard from any customer about the leather not being strong enough or has been ripped. I will definitely report this to the manufacturer as well if that becomes an issue.

Right after I saw the total of two-star review score on the wallet I would expect no one will buy the wallet again but to my surprise, a few orders were placed right after the reviews, so I am very grateful to those customers who are still willing to give a vote of confidence to the product and made the purchases.

Also, please don’t forget the SOS EDC™ Compact RFID Blocking Anti-Theft Travel Passport Neck Pouch / Belt Wallet which I believe is a very versatile wallet to have. And I personally carry this one every day. And the great news is that the price has been dropped,  and believe me, you are really getting a bargain on this wallet, so please give it try or send one to someone as a gift and I am sure they will like it.

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Touch their hearts with an Original Message in a Bottle

It’s that time of the year, time for giving gifts to our love-ones.  But are you running out of unique gift ideas? Fear not, I recently learned about this unique gift idea which I believe you will love: Build your own Message in a Bottle Gift!

As stated on their website: “Create a one of a kind gift, invitation or promotional product that becomes a focal point of the recipient’s day.  Reminding them of the person that sent them their special message in a bottle… Each bottle arrives resting on a sea of white foam as if it washed ashore in from the sea.”

“Explore the site, take your time, relax and enjoy building your own message in a bottle, as a birthday gift, Get well, I’m Sorry, Proposal, Mother’s Day, Father’s Day, Christmas, Valentine’s Day….really don’t need a reason to send a message in a bottle.”

One of the great features of the MIB is that you can customize the messages and the bottle contents. So you will have a lot of ways to express your feeling & love! :-).  For example, it’s Christmas Time – Send them, Christmas in a Bottle, an instant forever keepsake – Christmas.

Merry Christmas To You!

Happy Thanksgiving & Stay Safe!!

turkey-eat-beefJust want to say a quick Happy Thanksgiving to everyone as I am heading to work soon. Yes, I still need to work on Thanksgiving’s Day. Although I would rather stay home celebrating the holiday, but the extra OT pay helps in making me feel a bit better.

Anyway, on the way to work yesterday, the traffic report from the radio has an unusual increase of auto accidents which is not surprising because many people are traveling to visit family members to celebrate Thanksgiving. So having an auto accident at this particular time of the year is especially unfortunate. So, all I want to say here today is to remind you to pay extra attention when driving, buckle up and stay safe because someone you love is expecting your arrival. Happy holidays & be safe!!