The Bull Hunters Guide

Hello Fellow Bullhunters

This week in Australia and New Zealand we have commemorated the Anzacs and have honoured them by paying our respects for their bravery. For this reason we have had a short week which will be even shorter for me as I am heading off to Chris Howards NLP Breakthrough to Success seminar for the next three days.

I am writing this brief post and promise that I will deliver more for you next week.

For those of you who have downloaded Sean’s ebook The Bullhunters Guide to the US Stock Market you will remember on about page 19 or 20 - depending on how your computer counts the pages - Sean suggested that you form an Investment Club with about five friends and you each pick 5 or 6 stocks. This is a way for you to learn about the 30 stocks found in the Dow Jones (DJIA). If you have six players then each player will have five stocks. If you have five players then each will have six stocks.

In doing it this way you don’t have to do all the work yourself. I know there were a few interested parties when the book was first released and if you have followed through I was wondering if you can perhaps comment to let us know how it worked out.

For those who have recently come onboard and are interested in this would you set it up and come back and tell us about it. Make it so you put in a few dollars (or more) each and then you can award a prize to the winner of the game. The winner is the one whose stocks have risen the most as you can invest an imaginary $1000 on each stock.

It is interesting that in the past, I have always heard of groups of mainly women who get together and learn about the stock market and trading in this way.

I have been doing some research into trading platforms where you will be able to trial a free account just to get an idea of how to trade US stocks online. But more on that one next week.

For now let me know if any of you have formed an Investment Club and are willing to tell us about it. Every body learns from experience and that is what we are here to learn.

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

Social Bookmarks:

Hello Fellow Bullhunters

When you first decide that you want to trade the stockmarket, think about how you will be trading. Ask yourself the following questions:

1. Will you make it a full time or part time job?

2. Are you doing it for a possible source of extra income or to replace your income?

3. Are you prepared to commit to practice to increase your confidence?

Trading the stock market is a personal journey. Just like it is for an artist to be good at his craft, it takes many hours of practice to be good, or confident, at trading the stock market.

When investing in shares, we can use them for passive income, growth “Capital Gain” or to build an asset base. Whatever you choose, it is wise to diversify as I mentioned last week. Do not put all of your trading bank into the one stock. A little here and there should perform and grow nicely for you, with the intention to keep it active Have some stock to rent, some to grow, and some to build on.

Some useful hints for proceeding to trade the stockmarket:

It is a good idea to develop a plan and set some ground rules. These rules must then be adhered to. Do not stray. If you stray, things can go wrong and usually do.

1. Writing down your intentions is usually best as you can then refer to your notes on a need to basis.

2. This plan must then be tested to see if it is working for your strategies.

Could you have a look at 2 stocks in the US DOW JONES that you may be interested in paper trading and research them. I would like to refer to them down the track so depending on how many comments I get and how many stock suggestions there are, we can follow these and learn how to trade them.

Get in quick….so you don’t miss your stocks getting looked at!

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

Social Bookmarks:

One very common statement I hear from people about the stockmarket is that it is too risky. We hear many Stockmarket Fears and Myths in society. For instance, what is too risky?

Warren Buffet once said: “Risk is Not Knowing what you are doing”

What he meant was this: When people know what they are doing, they have good results. When they are uneducated about it, they have poor results.

You can send your 5 year old child on his bike onto the highway and call it very risky. However, when you ride your bike on the same highway, you might perceive the risk a bit different. I dare say you will call it a low risk. You might have 20 - 30 years of bike riding experience. You would even consider a 20 year old a low risk on the highway, even though the experience level isn’t all that great.

So how come the very same highway is low risk to some and high risk to others? Well, it’s simply isn’t it? Different levels of experience and education.

Then why do people generalize about the stockmarket and say it is too risky? Aren’t they just saying that it is too risky for them because they know little or nothing about it? I don’t think I’m going out on a limb here.

So we can’t really tell people that the stockmarket is risky. We need to say the stock market is risky to the uneducated person. Just like anything else in life.

This is what I have done to remove the risk from my dealings in the stock market:

I’ve educated myself about it.

I’ve read books, taken educational programs, gotten involved in forums and generally growing my knowledge in an area I know is benefiting me and future generations of my family. Not to mention charities that now enjoy donations from me.

Of course this is only a good idea if it appeals to you earning an income from this kind of investing. My ebook: The Bullhunters Guide to the US Stock Market won’t help you make money in a great hurry. What it does is explain simple things in the DOW JONES index that you can build upon with more advanced investment knowledge.
The next edition will take things much further. Hopefully you will be able to understand the concepts of Renting Shares and being a Sharelord ® along with plenty of other stock exchange concepts.

Please post any questions in the comments section below. Was this article of any help to you?

Regards

Sean Rasmussen
Universal Wealth Creation © 2004 - 2007

Social Bookmarks:

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.

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

Social Bookmarks:

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.

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?

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?

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

Social Bookmarks: