Archive for the ‘Cashflow’ Category

1 week off every month with cashflow

Monday, June 25th, 2007

Holiday Cashflow

3 years ago, I was inspired by my future mentor Jamie McIntyre, when he said he worked 3 weeks then had 1 week off.  The purpose is that (besides needing the rest) the recharging and relaxation of the 1 week holiday gives him the most inspiration and insight for new ideas and concepts to grow his business and investments. 

I was very inspired by this, and although I didn’t set it as a goal to achieve, it has ingrained itself into my subconscious mind and has lingered until now.  2 weeks ago, I unleashed the holiday beast!  From now on its 1 week off every month.  How will this work, some people will be asking?  How can you just “not attend” to your stock market investments, property portfolio or internet sites?  Won’t you need the cashflow for that week?

Millionaire Mindset

Well, that sounds like the questions I would have asked 3 years ago.  Something I have come to realise is this:  When you are doing what you are passionate about, it’s like having time off anyway.  So the first 3 weeks are very enjoyable to start with.  I work with the internet, helping people build a millionaire mindset, creating cashflow strategies, playing with trading systems, looking at potential investment properties, the list goes on… meanwhile, I’m building emotional intelligence.  By now I’m sure you understand the importance of both emotional and financial intelligence.  They are the key to growth and building wealth.

This is what I’m likely to do on my week off and how I will manage my investment cashflow:

Travel to destinations of my dreams, including goals I’ve set 3 years ago.  When I did the 21st Century Academy Homestudy program, one of my goals was to take my 2 sons to every continent in the world by 2017.  I’ve realised since that this goal will be achieved in the next 4 – 5 years.

Spend time at home on my 20 acre riverside property in Western Australia.  This is where I want to spend the rest of my days although my intention is to own many properties throughout Australia and the world.

Access to internet means I can oversee stock market investments almost anywhere in the world.  This is hardly a chore as I enjoy my investment strategies and spending a few minutes a day looking at them doesn’t phase me at all.

Most stock market investment strategies I use are very low key and low maintenance.  In the beginning, I used a more aggressive approach because I needed a higher investment return on my money.  Now the cashflow is there, the rate of return isn’t as important anymore.  Of course, that removes a lot of potential stress in the investment as you could imagine.  $10,000 isn’t as much money to me now as it was 2 or 3 years ago.

Less Effort – Same Cashflow Return

I actually make a fraction more every month from my investments (with less effort) than I did in December 2005 when I finally replaced my income and fired my boss.  Other cashflow generators have enabled me to make money at a higher rate while still maintaining a low key, low maintenance investment profile.

So the bottom line is that I am now able to start enjoying life at a higher rate and still grow my investment portfolio while having a growing cashflow as well.  All this has happened in 3 short years.  I hope you can take some of this onboard, inspiring you to take action and break away from the things you don’t want in life.  Now is the time to move towards the grand goals and dreams that inspire you.

Until next time, I wish you Universal Success

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

Bullhunter drives across the Nullarbor

Thursday, June 14th, 2007

2 weeks off from the Stock Market

5.45am Tuesday morning, I jumped in the 4WD with my 2 sons and drove to Streaky bay in South Australia.  We made it as far as Caiguna on the Nullarbor Plain, approx 1300km down the road.  Another 1000km was left to drive the next day.  Last time I made this trek was 12 months ago and I have quite fond memories of my stock market experience at the time. It was the best dollar return I’ve had for less than 1 week trading with options.

Let me share it with you…

Bullhunters Nullarbor Stock Market Trade

It was May 2006 and I was driving to SA for the first leg of the “I Fired My Boss” 2006 tour.  When leaving Bunbury, I located 4 high probability trades to place.  They where bought calls on NCM, BHP, NWS and a 4th one I cannot recall.  All trades where placed on the ASX, australian stock market and to a total value of circa $9,000.

I placed the trades, jumped in the car and proceeded to drive across one of the longest road streches in the world.  When I reached a place called Madura Pass, I called my broker (Angus Knight) and asked where the market was at.  The response was “up 100 points” or something to that effect.  At this point my interpretation of the charts, over the phone, didn’t require me to take any action. 

Action would mean:

Taking a trading profit, or..

Making a donation to the market (taking a trading loss)

Imagine the onlookers faces as my wife, Cherie and I did an Irish jig with the kids on the middle of the Nullarbor.  At this stage we had made approx $5,000 and all we had been doing was drive across our beatiful country.   Imagine the carefree attitude I had when filling the fueltank at 1.85 per litre:

Cool! Petrol is expensive.  That means my shares have gone up!

Total Trading Profit : $15,000

The next day we arrived at Streaky Bay. It was Friday afternoon. The market was closing in 1 hour and I hopped on a computer to check the market again.  My trades had gone up from $9000 to $24,000 in only a few days.  I applied a fast bout of Technical Analysis and determined that now was a good time to cash in some trading profits.  $15,000 profit in a handful of days: Thank you for coming!

This years cashflow trades for the trip?

Well.  Besides my longer term trades, I’m doing no options trading right now.  No renting shares. No writing puts. Last year I was chasing a dollar and cashflow. This time, I didn’t even think about placing any trades as I was pre occupied with other stuff.  However, I can tell you this much: 

As much as it was a fantastic experience and a real good story to tell, making $15,000 in less than a week, it is an even better experience not needing the money and not even caring about placing trades for a quick profit. 

For those of you that know me, you know how well my websites are going.  Even though I make more out of the stockmarket than I ever did in a JOB, the internet puts it all to shame.  It’s a great life and I’m loving every moment of it. It’s where my passion is.

Now, in the tradition of Jamie McIntyre of 21st Century Academy, I’m modelling his attitude of having one week off every 4 weeks. I started with this trip to SA.  Some time away will help me further develop my Emotional Intelligence and some wealth strategies.  Imagine how many MP3’s you can listen to in a 46 hour driving round trip of the Nullarbor Plain?

The kids didn’t have to put up with Financial Intelligence tapes.  They watched DVD’s all the way and I didn’t get one:  Are We There Yet?

Until next time, I wish you Universal Success

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

Why do we Trade the Stock Market

Thursday, March 8th, 2007

To produce a cashflow

Hello Fellow Bull Hunters,

Today I want to establish some of the reasons why we even choose to trade on the Stock Market. I would first like to share with you an opinion from one of my mentors, 21st Century Academy presenter Nik Halik, who if you have had the opportunity to see in a live seminar always asks the question Why does the Stock Market exist?

The answer is simple:
It’s to transfer wealth from the uneducated to the educated

Primarily, trading is a good way to produce a cashflow. When we trade the financial markets we create short term profits or that is our aim. I am not saying that every trade will produce profits, sometimes they will be donations. By donations I mean a loss. Using this terminology sounds better for our psychology. This is something that Jamie McIntyre taught me.

Minimize Risk and Maximize Profits

Bull Hunters, with any trading there are risks involved that need to be managed and you must be aware of what these risks are. This is the single biggest reason that keeps many of us away from the stockmarket. There is no point in having all your capital tied up in one trade. It is always a good idea to divide what money you have set aside for trading into equal parts so you may have a few trades, or no trades, going at the one time. This minimizes your risk and spreads the opportunity around.

For example, if you had a trading bank of $20,000 to start with, you could divide this into 10 parts of $2000 each. Therefore, only $2000 would be spent on each trade. Or if you want to be more conservative, divide it up into 20 parts of $1000 each.

When we minimize risk and maximize profits, we will make additional income and create wealth.

Set Time Aside Every Day

Jamie McIntyre is also a big believer in setting goals. It is always a good idea before you begin, to establish some goals and also write a list of what your expectations will be. Make a commitment to yourself to continue with your education and to set aside a time for trading everyday. Whether it be to do some backtesting of stocks, doing some paper trading, or educating yourself on technical analysis. Whatever it is that you choose to do, make the time count.

I look forward to your comments so that I know that you got it and tell me if this article was helpful for you. How are you going to use this information? Tell me what you are aiming for.

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

The Most Popular Topics for the Next Bull Hunter

Monday, January 22nd, 2007

Bull Hunter Feedback

I’ve had lots of feedback via email and in the Bull Hunter Blog. Here are the most common requests so far for the next edition of The Bull Hunters Guide to the US Stock Market

The Most Popular Stock Market Topics were:

1. Real life examples of Renting Shares and Great Cashflow Strategies

2. How to get a greater understanding of puts and calls. Elaborate further on Covered Calls and Writing Puts.

3. Being a Sharelord with real life examples of good and bad trades. Show the “warts & all” of share trading.

4. Cover more options strategies such as collars, strangles & straddles. This would be in a later section of The Bull Hunter for the more advanced readers.

Advanced investment strategies for the Dow Jones

1. More detailed information on the 30 stocks of the Dow Jones Index. We can now begin to get a better understanding of the shares we want to rent out.

2. The workings of US indexes such as eminis or the S&P500. Understanding these indexes will improve us as future investors.

3. Explain the economic clock and how the investment cycle changes. When to enter the market and what market to enter.

4. How to assess what stage we are in the economic cycle.

5. What stock market sectors generally do really well.

6. A separate chapter for Australia and New Zealand and people outside of the US.

7. How to trade the markets from overseas.

8. A section of favorite strategies

Further feedback is needed and greatly appreciated for this book to develop the substance we all need to build a greater understanding of the US Stock Market.

I will volunteer my time to write this book. Your time in the comments section will help me “help you” with my book. Thanks for your feedback and your patronage to my Bull Hunters Blog.

I’ll see you there

Sean Rasmussen
Universal Wealth Creation © 2004 - 2007

What Would You Like To See in the Next Bull Hunter

Wednesday, January 17th, 2007

In The Bull Hunters Guide to the US Stock Market, I primarily explain the mechanics of the stock exchange. Without going into to much detail and confusing newbies to the stockmarket, my aim is to entertain while still providing insight into the workings of the Stock Market.

Renting Shares and Selling Insurance

So far the feedback has been good. My intension is to do a second book, expanding further into the Dow Jones and more advanced mechanics of the stock market.

So how about talking about generating serious cashflow using the 30 stocks of the Dow Jones stock index?

Getting into the popular terms of Renting Shares and Selling Insurance over stock are a couple of topics I’m seriously considering. These terms are of course better know in stockmarket speak as Writing Covered Calls and Writing Puts.

Are these the sort of things you’d like to read about?

What topics do you want me to cover in the next Bull Hunter book?

1. Do you like the idea of having more detail about the 30 stocks in the Dow Jones?

2. How about if I show Real Life Examples of Renting Shares over various stocks in the Dow Jones?

3. What if I used a whole years data, showing the good and the bad trades!

4. Could you get excited about learning some great cashflow strategies?

5. Is this something you could benefit from learning?

Submit Your Request Here and Now

All suggestions are appreciated. Please submit as many ideas as you can in the comments section after this article. The more feedback you give me, the better the next book will be when it arrives in your inbox a few months from now.

What would you like the next Bull Hunter Book to be about?

Regards

Sean Rasmussen
Universal Wealth Creation © 2004 - 2007