Archive for the ‘21st Century Academy’ Category

The Day I Fired My Boss…

Friday, September 7th, 2007

The Day I Fired My Boss!

I posted this letter in the Wealth Creation SuperHighway Forum after achieving a goal of replacing my income through various investment strategies thanks to participating in the Jamie McIntyre Homestudy program. I acheived my financial target 6 weeks short of schedule on the 8th of December 2005.

The only reason it took me nearly 2 years to fire my boss was purely because that’s the time I set for the goal. Had I set a 1 year target, I have no doubt that it would have been acheived in that time ” - Sean Rasmussen July 2006

So here’s the letter I wrote on that day, in it’s entire unedited form:

The Path To Freedom - leaving captivity

Sean Rasmussen - Karratha, Western Australia, Thursday, 8th December 2005

I’m finally there! In the next level.

Today, 8th December 2005 at 7am I walked away from my job a free man. No more shackles from the day to day grind of conforming to the will of society. I’ve replaced my income thanks to Jamie McIntyre (thanks Jamie) and the road is no longer rocky. My life has turned for the better. Big Time.

My new title: Full Time Investor & Life Coach

I can now do what I love to do. Invest during the day and help others achieve the same.

Look up the word Happy in a dictionary and you’ll see a picture of me. Actually, you’ll probably find my photo next to “ecstatic”, “excited” & “over the moon” as well.

Nearly 2 years ago, when I did the Jamie McIntyre homestudy program (the same month as Bill Stacy did his), I set a 2 year retirement target. Retire to do what I want to do, not what I have to do. There’s a big difference. I have been getting up in the morning and going to work because I had to.

Now I’ll be getting up and doing what I want to. Big difference.

My target has been achieved 5 weeks ahead of the deadline, January 15, 2006.

Meanwhile, I’m living my dreams. I’m in the Next Level. I’ve stepped up to the plate and I’m ready! Bring on life. It’s beautiful!

I’ve met some fantastic people over the last 21 months. Jamie McIntyre, Andrew Dimitri, Bill Stacy from Planet Wealth (mate, do you inspire me), Nik Halik, Adam Thomas & John Chapman from Investor Finance, Ian Daley, Roger (my graduate mate from Brisbane), 150+ Graduates that joined 21st Century Academy with me in the last 18 months, numerous speakers at seminars and literally hundreds of new people I’ve met through Jamie McIntyre’s program.

Has this been a fortune cookie of life, or what? Small things make big changes. I nearly didn’t see Jamie’s add in the paper that day in December 2003. I sent away for his free VHS and the rest is history.

Look up the word Happy in a dictionary and you’ll also see a picture of my wife, Cherie.

When she broke the board at the seminar in Fiji, I knew there and then. This is it. We are in the Next Level. Financial freedom is only a matter of time in my own mind. Success is approaching fast in the shape of happiness, freedom, gratitude, love, security, and financial rewards.

I am actively supporting charities. People want to know what I’m doing and want a piece of it. Life is looking pretty great right now, to say the least.

I’m really excited and there are a thousand things I want to do. Now I will be doing so with balance. For nearly 18 months, I have been working in a day job (10 hour days, 13 day fortnights), investing on the stock market, helping people get started with Jamie’s program and pretty much been up to 11-12pm every night with few exceptions.

Most mornings, I’ve got up at 4.30am to walk the dog and be at work on a construction site for a 6am start. 45 degree heat in summer, working in the sun in North West WA. I was nearly crippled or possibly killed by a near miss 6 weeks ago when a 6.75kg scaffold tube was dropped 12meters to the ground, landing within 6 inches of my right shoulder.

In all this time, I’ve watched about 6 movies, read no newspapers, watched maybe 1 hour of news and been 100% committed to the task. I only had $20,000 to start investing with and had no stock market knowledge worth mentioning 2 years ago.

Then I went to Fiji with my wife and 2 boys. That took me to the next level.

Now, I am planning balance in my life. This means evenings off. Lots of time with my family is not only on the cards but happening from today onwards. I’m scheduled to take my family to New Zealand in July 2006 and Hawaii in November 2006, followed by a few more destinations in 2007.

My next Big Holiday will be 4 weeks in France with my family. Don’t know when, but it will have to be soon. The world is too big to be sitting around, waiting for things to happen.

I’d like to share parts of my goal list I wrote out during a Jamie McIntyre homestudy session in January 2004:

• Retire to full time investor by January 15, 2006 - achieved
• Financial protection by 5 May 2005 - achieved
• Financial security by 5 May 2006 - on track
• Financial independence by 5 May 2007
• Financial freedom by 5 May 2008
• Absolute financial freedom by 5 May 2010
• Take my sons to all 7 continents by their 20th birthday – on track
• Travel to one major world destination every year – on track
• Donate 10% of profits to charity – ongoing and being honored
• Establish my own charity for educating children by 2016

There are many more. Some were achieved a lot easier than I thought. Others were possibly a bit ambitious but still workable. The main thing is this:

If I hadn’t written these goals down, I would have lost track and got off target. Today, I would still be at work and heading on a path towards retirement at the age of 65.

My inspiration source is massive. I will be sharing as much of my learning with as many people as I can. Anyone who wants to be a part of this, email me urgently. I’m building a team of 10 people to help me share this with many more people and help them do the same as me and many other 21st Century Academy Graduates. Who doesn’t want to be a Bill Stacy, right now? ( Bill, you’re a legend)

While I was writing this post, I jumped on the phone and joined up as an ongoing monthly sponsor of Greenpeace to add to my list of charities. When I nominated the amount, the response was hugely rewarding! Look. I’m taking action! I’ve been an onlooker for too long. Now I’m taking action.

One piece of advice I can give from all this:

Write down your dreams, Take Action and do it!

It’s all in your mind.

I’ll see you in the next level. Join me there.

Regards
Sean Rasmussen

So that was it. I wrote that testimonial within 1 hour of leaving the workforce forever. At the time I was overwhelmed by the fact that I had actually done it. All the critics, sceptics, cynics… all the people who told me it was a pipedream… they are still back there somewhere at the same job or another one. The beleivers who rewarded me with their support and who listened to me; some are advancing in leaps and bounds. Others are on their way or thinking about it. Life is surely beautiful and must be lived to its potential.

I beleived in Jamie McIntyre and 21st Century Academy. It paid off for me. I decided to make up my own mind and not let anyone else do it for me.

As I write this, I’m at a 21st Century Academy Education For Life seminar on the Gold Coast in Australia. It’s day 1 of 4. I have been to 6 or 7 of these now (it’s a benefit of working close with Jamie). I was listening to Jamie McIntyre inspire the 400+ people attending and I was inspired to jump into my hotel room during the break and post this. I remembered how easily I could have given this whole “wealth thing” a miss… The though scares me.

Beleive in your ability, back yourself in and take action! It’s the only way to find out what is really in store for you in life.

Thanks for reading my story.

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 - 2007

US Stock Market

Monday, August 20th, 2007

Bullhunters Guide

Well Bullhunters… we have come a long way in the short time since the Bullhunters Guide blog started and I wanted to re-cap for you as there have been many new learnings in the understanding of how the US Stock Market works.

Firstly there was the fictional account of Wal-Mart’s founding which showed us how a business is incorporated and the getting of private financing for this to be made possible. Then we discussed how a corporation operates, what its objectives are and what gives shares of stock their value.

The components of the DJIA which is made up of 30 stocks and the understanding that when someone talks about the market being down 50 points they are generally talking about the Dow Jones in particular. The components of the DJIA were created by Charles Dow to simplify market watching.

21st Century Academy Graduates

Sean then came along and posted the wonderful story about Maria and Pierre retiring to the Stock Market. If you missed it, its well worth the read of how two of the 21st Century Academy graduates took on the renting shares strategy from the Jamie McIntyre homestudy program and ran with it. Within 10 months they sold their business and retired to the stock market so now they can work from home. Doing these strategies as you know does not take up a whole lot of time.

More DJIA

We then discussed the components of the DJIA and how some stocks are cyclical and some non-cyclical meaning that the cyclical stocks perform best when the economy is in the early stages of the business cycle and the non-cyclical stocks perform best when the economy is in the later stages of the business cycle. This is a case of needs vs wants.

The opposing investment strategies was about the capital gains and price to earnings ratio in which we learned of just two of the strategies that you can use when investing in the stock market. We also looked at more advanced strategies like trading options. There is so much to know before you even get started with trading.

Have a great week everyone and happy trading to all :)

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

Tech Stocks

Thursday, July 19th, 2007

So today’s little excerpt is about the DJIA Tech Stocks.   Remember when the big thing was to buy tech stocks.  Well lets find out a little more about them here.  If you are new to the Bullhunters Guide blog, I am dissecting the eBook so that we can  understand the workings of the US stock market a little better.  The Bullhunters Guide to the US Stock Market is downloaded hundreds of times every week so get  your free copy now just to your right of this screen so that you have your own copy to read whenever you like.  Let’s continue…

DJIA Tech Stocks

Hewlett Packard, IBM, Intel and Microsoft are the pure tech stocks in the Dow.  AT&T and Verizon are telecommunications companies.  While all of these companies benefit from a strong economy, corporate customers often invest in technology and telecommunications in the period directly before a recession.  This makes tech stocks somewhat counter-cyclical.

Technology stocks are also more individualistic than most stocks.  For example Hewlett Packard (HP) has a strong direct competitor in Dell.  While what’s good for GM is typically good for Ford, HP and Dell go in opposite directions.  The same can be said for Intel and its prime competitor, Advanced Micro Devices (AMD).

As one of the largest companies in the world, Microsoft is often the creator of cycles.  Every time ‘Mr. Softy’ (as it is known on Wall Street thanks to its MSFT ticker symbol) releases a new operating system, millions  of businesses must upgrade.  This alone causes a bullish tech cycle, with many business and individuals  purchasing new computers and other hardware.

Tech Stocks

So as we can see from this little excerpt, the tech stocks perform best when the economy is in the later stages of the business cycle which are the predictable cycles of economic activity that repeat over time. The five stages of the business cycle are growth, peak, recession, bottom (or trough), and recovery.  They would be great on your watchlist even if you don’t trade them to give you some idea of how the market is performing.

Let me know how this is helping you by leaving me a comment.  Yes you have to register and it only takes less than a minute to do.   As I mentioned in the last post, I was happy to hear form supporters of the Bullhunter blog by emailing me and leaving me messages to say that we are providing some good information here.

Sean Rasmussen has been working on the next instalment of the Bullhunters Guide and you have been waiting patiently for it.  In it he will discuss the renting shares strategy that Jamie McIntyre teaches in the 21st Century Academy homestudy and how to apply it to the US stock market.

To Your Success

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

Charging thru the Bull Hunter

Wednesday, July 11th, 2007

Hello Fellow Bullhunters

I hope you all got to read Seans post yesterday regarding the success of a couple of graduates of the 21st Century Academy homestudy.  I personally know Maria and Pierre and I have to say that they are a great example of what you can achieve when you put yourself into action and go after your dreams.  Congratulations again on your retirement from your day job and now making a living from trading.

The Bullhunter

I don’t know about you but I am certainly getting more out of The Bull Hunters Guide to the US Stock Market by breaking it down into small chunks and analysing it.  It’s becoming clearer to me each time I write a post and bringing it all together.  Let’s continue…

DJIA Financials

The Dow financials are cyclicals as well, but they don’t always follow the same cycle as the industrials.  American Express is the most cyclical of this group.  It performs best when the economy is strong and thus consumer spending is strong.

Citigroup and JP Morgan Chase are the most closely related of the stocks in this group as they are both money center banks.  Banks do well when there is a positive disparity between short-term interest rates and long term interest rates, also known as a normal yield curve.  When long-term rates are lower than short-term rates there is an inverted yield curve which is a nightmare for the banks.  The factors influencing the movements of interest rates are beyond the scope of this book but suffice to say that the inverted yield curves are predictors of oncoming recession and therefore money center banks perform best when the economic future looks strong.

American International Group (AIG) is an insurance company.  It benefits from a strong economy because it invests its assets in the financial markets.  But it is the least predictable of the financials because major events like Hurricane Katrina can have a disproportionate impact on insurers.

Market Conditions

Market conditions are dependant on many variables so it is wise to determine the value of a stock and then follow your trading system making use of technical analysis to find your entry and exit points.  Remember that a strong economy is when the financials perform the best.  We cannot predict when natural disasters are going to happen or any disaster for that matter that will have an affect on the stock market at any given time.  Writing put options is one way of protecting yourself if you happen to be new to trading and it’s always wise to start with paper trading until you are confident to put your real money into the market.

Yours in prosperity

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

Retired to the Stock Market

Tuesday, July 10th, 2007

This is a testimonial by 2 dear friends in Perth.  I’ve known them for about 12 months. Their journey to retiring from their dayjob needed little more than determination, passion and ofcourse the right strategies. You know where the strategies came from, don’t you? 

Here is their story:

WE HAVE STOPPED WORK

Hi everyone firstly we’d like to thank Jamie and his crew so very much for having meet him and doing his homestudy in may 2005.

For now we have achieved our goal and have stopped work as from end of june 2007.

We’ve been in business almost 25 years and our last business was a cleaning service.  It was great but because of health reasons we had to look for other alternatives.  That’s when we came across 21st century academy and his strategies.  We’ll as we’ve posted previous and have succedded in our trades , we now can finally say that we’ve stopped work no more cleaning, but now working from home on trades and internet marketing. We love it . It’s great because now we can spend more time with family and friends.

We challange you to think out of the box.  If you wan’t your life to change your first step is to take action and that means now , because everyday that goes by is a day less to your success .  Make it happen don’t be scared.  It’s great to be sceptical, but do it as we did and make it happen because we choose to.  No more looking back, this is for real.

Jamie, God has blessed you to help others achieve their dreams and ours, and we thank you so gratefully.  Also we’d like to thank Sean and Cherie who has given us the confidence with the internet marketing which is now also part of our new venture.

The reason to our success is firstly getting rid of that fear that keeps you locked in and secondly you must Educate yourself , that will give you the confidence and getting rid of any fear.  And thirdly don’t hesitate in fullfilling your dream.

Your dream will become reality if you put full confidence in what you realy want in your life.

When we first started we thought we’d stop work once we reached 8 to 10k a month, but now we have more than doubled that and we are going into further new ventures into property inner circle and internet marketing.
You can do the same just believe in yourself , you don’t need to be a highly educated person, as Jamie McIntyre has made it so simple for anyone at any level for understanding the strategies.

It’s not how much you make but the fact that you start now.  Slowly but surely and finally get to your goal.

By the way we only bought the homestudy in may 2005 and have only traded live in the last 9 months, so does that make you think what you can achieve if you only set your mind to it.  So act now and remember the key to your success is to educate yourself get the fear out , and don’t let others take your dreams away and stop you from succedding.

Ciao from Pierre and Maria Perth.

From Zero Stock Market knowledge to Retired in 9 months!

You would have to be proud of that!  There will be plenty of sceptics out there (none reading this ofcourse) and to them I would say:  This is real !!!  These things do happen to ordinary people and it happens because they make a choice.  A choice to take charge of their own destiny and be fully in charge of their own financial future.  Pierre and Maria made that choice and they now know who is running their life.

They are!

Well done guys. I salute your determination.  I wish you Universal Success

Sean Rasmussen
The Bullhunters Stockmarket Guide
Universal Wealth Creation © 2004 - 2007