These 5 investments changed my life forever.

The investments that I am going to talk about aren't the typical ones that you might think about.

I believe that success in life is achieved by making investment decisions in different areas of your life.

The more knowledge that you accumulate, the more opportunities you have to better yourself.

Investing in yourself will always yield the greatest returns. In the words of Warren Buffett, “The most important investment you can make is in yourself.”

If you're ready to raise your standards and improve the quality of your life, read this.

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You never lose when you invest in yourself.

Whether it's mastering a new skill, working with a coach, or learning a new skill, self-improvement is a superpower. You cannot serve others to the best of your ability if you don't do the work to show up for yourself. Investing in yourself sends a message to the world, which is this:

“The value and potential that I possess are important enough to me that I’m going to give it the energy, space, and time to grow and create results.” 

When you commit to bettering yourself, life rewards you with a world of opportunities. Not only that, but it allows you to become the best version of yourself which makes you a magnet for success. Here are 5 key investments that changed my life forever. 

1. Investing in Communication Skills

Improving my communication skills has been the most powerful investment I've ever made. It has positively benefitted every aspect of my life. My belief is shared by Warren Buffett, who is one of the greatest investors of all time.

When he was asked to share one piece of advice for 21- to 22-year-olds who just graduated, he said – “The one easy way to become worth 50 percent more than you are now — at least — is to hone your communication skills — both written and verbal.”

Warren Buffett used to be terrified of public speaking. In a previous interview, he expressed that if he wanted to reach his full potential, he knew that he had to overcome this fear.

As a result, he decided to attend a Dale Carnegie speaking class which would change the course of his entire life. I can relate to this. I used to be incredibly shy. My anxiety was so bad that I would isolate myself at home and avoid interacting with people at all costs. I had no confidence or social skills.

When I was 17 years old, I hit my emotional threshold and decided to change my life. I was committed to improving and mastering this area of my life. I joined Toastmasters and took public speaking classes every single week.

Speaking in front of a group of supportive people gave me confidence and taught me how to communicate effectively. Today, I feel so blessed to be in a position where I get to influence millions of people through my YouTube channel.

To date, my channel has over 60 million views. None of this would be possible if I didn't commit to investing so many hours into mastering my communication skills. 

2. Investing in Personal Development 

The hundreds of books that I've read, the endless podcasts that I've listened to, and the countless seminars, training programs, and events that I've invested in have contributed to my ever-growing skillset.

The thousands of hours and tens of thousands of dollars that I've invested into my personal development have contributed to my success in life. When it comes to specific people who have had the biggest impact on my life, Tony Robbins is at the top of my list.

I've attended Tony Robbins' seminars multiple times, whether it be Unleash the Power Within, Date with Destiny, Business Mastery, or his Leadership Academy training. He inspired me to build my brand, Project Life Mastery.

I've been blessed to have the opportunity to spend one-on-one time with Tony in Fiji and Las Vegas. He is the real deal. I encourage you to consume and devour as much knowledge as you can from him.

Another life-changing investment that I've made was taking part in neurofeedback training at the Biocybernaut Institute. At the institute, I had the opportunity to biohack 40 years of meditation in 7 days. Keep in mind that this was not a cheap event. The training packages start at $15,000.

The benefits that I received from that training have been far-reaching, some of which include an increase in my creativity, an increase in EQ, an increase in IQ, a calmer mind, and a heightened level of consciousness.

I have yet to find a training that is equivalent to what the Biocybernaut Institute provides.

Lastly, taking the plant-based medicine Ayahuasca, at the Soltara Healing Center, was an experience that I'll never forget. Ayahuasca allows you to tap into and explore your subconscious mind.

My experience with Ayahuasca was wild, mind-blowing, and life-transformative. The medicine helped me connect with and heal my past trauma. Since my experience, I've felt lighter, happier, and more at peace.

More importantly, I feel like a more conscious and purposeful version of myself. In my opinion, anything that you can do to improve who you are is a worthwhile investment.

3. Investing in My Health

As the saying goes, “Your health is your wealth.” A lot of people focus solely on work and building success but they forget about their physical bodies. I don't know about you, but I don't want to be the richest man in the graveyard.

If you have all the money in the world, but it's at the expense of your health, you'll have a limited experience of life. This is why I make my health a top priority. When I talk about health, I separate fitness from health.

Fitness is your capacity to have strength and endurance. There are a lot of people who are fit, but unhealthy. In my eyes, health is when every part of your body is optimized. I am hypervigilant about what I put inside of my body so that it can function at an optimal level.

I eat organic whole foods, take high-quality supplements daily, and I make a lot of investments into improving my gut and hormone health. By engaging in healthy habits on a consistent basis I am able to function at an optimal level of wellness.

A lot of the health conditions that exist today, whether it be cancer or heart disease, can be prevented if people would commit to changing their lifestyle. Kevin Trudeau is right when he said that, “Most people have no idea how good their body is designed to feel.” Everybody deserves the gift of good health. 

4. Investing to Start An Online Business 

By creating passive income and financial freedom, I have been able to accelerate growth in every other aspect of my life. Making more money has allowed me to create more opportunities. Keep in mind that I didn't have any business skills when I first started.

Rather, I learned everything through trial and error. I found mentors who had the success that I wanted, and I did what they said. I'm not going to lie… the first few years of building my online business were tough. I failed a lot, but I never gave up on my dreams because I had a strong why.

It's fair to say that I used my pain as motivation and kept taking massive action. It was through brute force that I was able to succeed. Throughout my entrepreneurial journey, I've had success with a lot of different business models, whether it be selling physical products on Amazon, coaching/consulting, affiliate marketing, or online courses.

Yes, I've been able to make a lot of money. However, more importantly, I've learned so many invaluable skills along the way. Once you build an online business to a certain point, making money becomes a lot easier.

If I wanted to make an extra one million per year, I can do so because I've built a strong foundation for my business. I have the skills, confidence, and abilities to do more. Nobody can ever take away what you've learned and who you've become. 

5. Investing in the Stock Market

When I was 18 years old, I made my first financial investment of $500 into a Bank of Montreal mutual fund. I started putting $25 per month into it so that the money would compound over time. 

As I started saving and making more money from my business, I realized that investing in stocks was the true path to financial freedom. You can create freedom from building a business. However, the problem with business is that, if you're not involved in it, your business may not stand the test of time. 

I've built up my investment portfolio to the point where I never have to work a day in my life again. This has been life-changing for me. I no longer do things because I have to do them. Rather, I do them because I choose to do them.

Investing in the stock market has given me time, freedom, and peace of mind. This will continue to be one of the most life-changing investments that I make, especially as I get older.

The two investments that I've made the most money from have been Tesla and Shopify. I've also done really well with the Vanguard index funds that I've invested in. I can confidently say that index funds are the best long-term strategy that I will never have to worry about.

If you are a beginner investor and want to learn more about how you can get started with investing, I encourage you to watch my videos on Investing For Beginners and How To Buy Stocks For Beginners.

These are the 5 key investments that changed my life forever.

There are many different ways that you can invest in yourself. Which investment are you going to commit to today?

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Have you been wondering where to invest $1000 right now?

Before you even consider investing you must have money put aside. Ideally, you want to save between 3 and 6 month's worth of monthly expenses.

Emergency funds create a financial buffer that can keep you afloat in a time of need without having to rely on credit cards.

Even if you have a lot of savings, I don't recommend investing all your money into the stock market.

Ready to discover the best places to invest right now? If so, keep reading.

Watch the video below:

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A smart investor has great money management skills.

If you can't master your finances, you won't last long as an investor. Before you make any investment decisions, make sure that you are financially responsible. You need to save money before you can invest money. Doing so creates the foundation upon which your financial house is built.

This means learning the foundational skills of managing your money, tracking your expenses and creating a budget. Let's assume that you already have money to invest. Here are 3 ways that you can invest $1,000 right now.

1. Invest In Yourself

I didn't create the massive success that I have today by investing in stocks. Before you even think about investing in stocks, I suggest that you invest in yourself. In the words of Warren Buffett who is the #1 investor in the world, “The best investment you can make is an investment in yourself. The more you learn, the more you'll earn.”

A lot of people fail to recognize how powerful learning can be. You can extract an entire lifetime of someone's experience and knowledge and consume that in a matter of hours or days. In turn, that can benefit how you live your life and the decisions that you make.

Now is a great time to consume knowledge from books. Reading is a powerful tool to learn more about yourself and the world. When you do the work to become more, you will make better decisions in every area of your life. Over the years I have invested hundreds of thousands of dollars into myself. This is how I've been able to become a multi-millionaire.

2. Invest In Your Business

For those of you who really want to take your life and finances into your own hands, building an online business is the best way to do it. This is how most people become wealthy. If I put $1,000 into my business, that can equal tends of thousands of dollars in return. Right now is the best time to start an online business.

The world is going through a massive shift as a result of the Coronavirus pandemic. More and more people have been forced to buy and consume more content online. By developing your business skills and building your business now, you will be in a great place once the economy gets better. This is the mindset that I'm adopting.

Right now I'm investing in mentors and business strategies that will grow my business tenfold in the near future. I want to continue learning and extracting as much knowledge as I can from others. Even though my sales are going down slightly, in one year from now, my business will go to the next level.

Why? Because I'm committing to becoming more. Whether it's developing a new website, creating content online, or writing a book, now is the time to invest in your future.

Whatever your $1,000 investment is, I promise that you will make so much more on the other side of it than you will from just investing in stocks. If you're interested in building a business and taking your life to the next level, I have a variety of courses and resources that can help you do so.

3. Invest in Stocks

There are a lot of great investment opportunities available right now. However, keep in mind that financial markets are volatile. If you want to invest during times like this, I recommend that you do your due diligence so that you are financially prepared. You need to have a proper investment strategy in place.

Currently, we are in a bear market. This means that the prices of stocks in the world have dropped from their all-time highs down to 20% or more. This means that you can invest in a lot of great companies at a reduced price than what they were trading one month ago.

If you can hold your stocks until the market recovers, you can make more money in the long-run. I take the money that I earn in my businesses and I invest it in other investment classes. This is how I diversify and create long-term wealth. As of late, I've been buying a lot of blue-chip companies.

I've also been investing in Canadian and U.S. tech, airline, credit card, and oil companies, bank stocks, and exchange-traded funds (ETFs). Some of these investments are riskier than others. However, in my opinion, you can't go wrong with financial or tech companies.

This is where to invest $1,000 right now.

These are the three types of investments that I prioritize the most. Ideally, you should invest in all three. However, it all depends on how much money you have. If money is an issue right now, focus on investing in yourself. In turn, your business will benefit. Eventually, you will be in a position where you can invest in stocks and other investment vehicles.

What will you commit to investing in?

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Is it too late for you? You may have asked yourself this question before. The answer is NO!

Adopting the mindset that ‘it’s too late’ to chase your dreams, is just a negative belief system that holds you back from achieving the success that you desire.

Don’t let that voice in your heard dictate your reality. I want you to be successful and be able to actualize your potential, and the best place to start doing that is by dropping the story that ‘it’s too late.’

Is it too late for you? It’s never too late. In fact, it’s just the beginning. In the words of George Eliot, “It’s never too late to be what you might have been.” There is no better time than today to create the life of your dreams.

Watch the video below:

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Most of us have no idea about the future potential of things because we aren’t open to the discovery of them. Is there still potential to make money on Amazon, YouTube, or Kindle?

Of course!

These platforms are huge, and they continue to grow on a daily basis. There are more people that are buying online than ever before. The number of buyers who make purchases online is growing. According to forecasts by Forrester Research Inc., the ecommerce market is expected to reach $1.1 trillion in the next five years. It’s fair to say that e-commerce is proving to be the way of the future.

Is it too late for you? These numbers prove that it is not. The Internet is still in its infancy. Research shows that only 2.8 billion people of the 7 billion people on the planet have access to Internet. Companies like Google are on a mission to bring the Internet to 7 billion people around the world.

What do you think that means for people like you and I, who either have an online business or who aspire to start one? That amounts to billions of additional potential customers.

Is it going to be hard work? Yes, because anything of value in life is. You don’t want it to be easy, because if it was, everybody would do it, and then it wouldn’t have any value. Adding massive value is what gives you a competitive advantage.

The sooner that you start in life, the better. People underestimate the power of compounding. The most valuable asset that you have is time.

When you start investing in something and commit to consistently growing it over time, it can compound beyond your wildest dreams.

An example of someone that best represents the impact of long-term compounding is Warren Buffett. He is a master at achieving big things, with small actions, that builds up over time.

If you want to see the impact of compounding in your own life and business, you need to do the work.

Is it too late for you? Absolutely not!

If you think it is too late, you will never achieve the results that you desire. Who cares WHEN you will achieve success? All that matters is that it happens.

The past is gone. The present is all that you have control over. You can either tell yourself that it’s too late to get started, or you can just get started and bank on the fact that you WILL succeed over the long-term, because opportunities continue to grow on a massive scale.

I got involved in a lot of things late in my life, but I’ve still been able to prosper from them, because I refused to hold onto the story that ‘I missed the boat.’ Don’t allow limiting beliefs to dictate your happiness and success in life.

You can settle and accept life as it is, or you can take a leap of faith TODAY and start building your future.

Is it too late for you? I promise that it isn’t. Just get started, focus, commit to doing the hard work, and actively pursue the abundant opportunities that exist in the world.

I promise that your future self will thank you for it.

Do you want to learn the 7 online business models that have made me an Internet millionaire in less than 3 years? CLICK HERE to receive instant access to my free course!

I have created a new and improved version of K Money Mastery which is called, Mastering Book Publishing!

Welcome to my live #AskStefan Q&A, with a focus on how I can add value to you today!

As many of you know, my ultimate mission in life is to grow and to give. Every day and I wake up and as myself, “How can I serve and add value to others?

There is no greater gift that I can receive than knowing that I have made a difference in someone’s life by way of my content. I hope that the knowledge that I share with you inspires you to take massive action and live your life to the fullest.

I share Francois Baird’s thoughts, when he says, “My mission is to add value. My attitude is of active curiosity, and my method is through relationships of trust.”

Are you ready for a sneak peak into some of answers from my live #AskStefan Q&A?

Watch the video below:

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I would like to share with you a few of my responses from my live #AskStefan Q&A:

How do you do market research on popular items for ecommerce?

For marketing research on Amazon I use Jungle Scout by my friend, Greg Mercer. You can do manual research, just by looking on Amazon and reviewing the best seller rankings and getting an idea of what the demand of products are, but the beauty of Jungle Scout is that it makes this whole process so much easier.

When you are deciding on a product, choose one that has the potential to develop future products with, that you can develop a brand out of, etc. When I’m deciding on a product I think to myself, “What strategies can I utilize that can really help me market this product?” I also see if there is an opportunity for me to do affiliate marketing with a product, create online courses, or find bonuses that are relevant to the product.

Can you still make money with Kindle publishing?

Of course! It is still one of the best ways for someone to make money online. Why? While it can take many months to launch a physical product on Amazon, the beauty of Kindle publishing is that it’s a much faster process. For example, if you’ve got an MS word document on your computer right now that is 5000 words, you can take that content, create a cover, launch your book, and tomorrow it will be on Amazon for sale, and you can start making money from it. It’s a newbie friendly, relatively quick way to launch something on Amazon. Sure, Kindle publishing is a competitive market, but you don’t have to worry about competition if you are utilizing good marketing strategies and are building a brand.

It’s a newbie friendly, relatively quick way to launch something on Amazon. Sure, Kindle publishing is a competitive market, but you don’t have to worry about competition if you are utilizing good marketing strategies and are building a brand.

Do you invest your profits into hard assets, like real estate?

The money I make I use to invest in stocks, companies, and real estate. I like stocks that pay dividends so that I can get a passive income from that. I get taxed a lot less on dividends than I do on other sources of income. I also like real estate investment trusts, where I can still own real estate, without having to actively manage it. Some great advice from Warren Buffett is to make sure that whatever you invest in, the company is still around in 20 years.

How do you manage your time so that you are able to cover so many things?

The key is to learn how to master the concept of leverage because there is only so much time in one day. The greatest gift that money provides is that it gives you the ability to get more time in your life. At the end of the day, this is the most valuable asset that you have. I use money to have someone prepare all my meals for me during the week, to clean my apartment, to have a personal assistant, a fitness trainer, employees and teams that do a lot of things for me so that I don’t have to spend time on things that don’t matter.

At the end of the day, you can’t do it all. During the beginning stages, you may have to learn new skills, but you need to ask yourself, “Do you want to be good at 10 things or do you want to master 2-3 things?” Focus on doing a few tasks really well, rather than overwhelming yourself with a massive to-do list.

How do you know when to give up on a business idea and try another one?

Whenever I pursue a new idea, goal, or plan, I always give it a fair amount of time, like 6 months to a year before I expect to see any results. I know that, in order to succeed in business, you need to invest, long-term. It’s going to take about one year for your business to really take off and start doing well. If your business isn’t working in your favor, don’t be a dabbler and jump ship when things get tough. Rather, tweak and make adjustments to your business along the way. Experiment with different strategies, and commit to mastery.

Do you want to learn the 7 online business models that have made me an Internet millionaire? CLICK HERE to receive instant access to my free course!

I would like to share with you how to calculate and track your net worth. This is one of the most important finance rituals that you can have for your life.

How will you ever know if you are getting ahead financially if you have no way of tracking your wealth?

I first started engaging in this ritual in my early 20’s, when I would track and update my net worth every 3 months. Today, I track it every 6-12 months. I have come to understand that my net worth is the most important number when it comes down to my financial wealth and abundance.

Theoretically, your net worth is what you would have in cash if you sold every significant possession and paid off all of your debts.

If your net worth is a negative number, don’t worry. You aren’t alone. All that matters is that you take action and start making better financial moves.

In the words of Benjamin Franklin, “Your net worth to the world is usually determined by what remains after your bad habits are subtracted by your good ones.”

Watch the video below:

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It’s not about how much money that you make, but rather how much money that you get to keep AND what you choose to do with that money, in terms of accumulating assets and building up your net worth.

A great example of someone who has effectively mastered the investment game is Warren Buffett. Known to be worth $75 billion dollars, he is one of the most successful self-made investors in the world.

At the age of 11, he used cash from his paper route to buy farmland. At 15 years of age, he already had a net worth of $6000.

I believe that while we should all strive to make more money, that doesn’t necessarily mean that we are worth a lot of money. For example, you could make one million dollars per year, but you could also be spending all that money in one year. If you adopt this behaviour pattern, you will never get ahead in life.

The goal is to accumulate assets that can then provide a passive income source for you, which will continue to grow as you move throughout your life. If you take this path, you will achieve financial freedom.

I see a lot of people who work their entire lives, but have nothing to show for it. Make money, but make sure that you do something with it. If you don’t currently know how to manage your finances, then making money isn’t going to help you.

Your net worth is your assets minus your liabilities. Your assets are what you own and your liabilities are what you owe.

You want to focus on accumulating more assets. Go through all of your assets. Examples may be cash, a business, or investments like stocks, mutual funds, or real estate.

Calculate where you currently are for each of your assets, and then add all of them together. Keep in mind that your final number isn’t your net worth because you also need to take into account any liabilities that you may have.

For example, you may have a student loan, a line of credit, a car loan, or a mortgage. Calculate those liabilities and come up with a final number.

In order to determine your net worth, you would take your assets and subtract it by your liabilities. Ideally, you want to accumulate more assets over time and reduce your liabilities.

Watch my YouTube video above to see how to calculate and track your net worth using an excel spreadsheet!

When you go through the process of calculating and tracking your net worth, you may realize that you need to cut out some of your expenses and change your lifestyle. Being smart and taking these steps is what will determine your financial wealth, more than anything else.

This is how to calculate and track your net worth. The more that you measure something, the easier it becomes to manage it. I challenge you to create a ritual around financial wealth and abundance and make it a priority every day.

As part of my monthly Life Mastery Accelerator program, I have a live training session coming up in the next few weeks where I’m going to dive deeper into how you can manage your money more effectively.

I will also share some of the strategies that I employ in my life when it comes to creating financial wealth and abundance. A lot of people are great at making money, but they don’t know how to invest it, and that is what I teach people how to do.

I believe that financial freedom begins with a change of your mindset. Calculating and tracking your net worth is one of the most important steps that you can take in order to improve your finances.

T. Harv Eker said it best, “Focus on all four of your net worth factors – increasing your income, increasing your savings, increasing your investment returns, and decreasing your cost of living by simplifying your lifestyle.” The result? Financial freedom and abundance.

Do you want to learn how to master your finances? CLICK HERE to join my Life Mastery Accelerator program!