The Bull Hunters Guide

Funny thing… life. Just when you think you have it all together it comes up with another challenge. I am recovering from a bout of the flu which has kept me from my work here which is to help guide you through understanding the basics of the US stock market with the writings of Sean Rasmussen and his ebook.

I am meeting with Sean tomorrow evening to discuss what else but the Bullhunter, and I will needle him to find out where the next installment is to The Bullhunters Guide. Yes, he has flown from Perth to Melbourne to meet with his web designer and catch up with me too. It’s so good to make contact in person rather than emails and chats every now and again. Working on the web is so cool though as your office is wherever your laptop is.

So back to emotional intelligence…

Dictionary meaning of emotional :

actuated, effected, or determined by emotion rather than reason

Dictionary meaning of intelligence :

the faculty of understanding

Jamie McIntyre states in his seminars that the sign of intelligence is the ability to entertain a new idea.

If you are a trader already and have money in the stock market then you know how you react or respond when your trades don’t happen the way you want them to. It is just a matter of learning from your trades and not being attached to them. It is a good idea to have some money to donate so that when the market hasn’t gone your way, you know that the loss is not really a big deal and that you can make it back.

If you happen to react and start kicking and screaming and feeling sorry for yourself, then you have not learned the lesson. If this happens you can make some bad choices. Rather, if you respond and change the way you view the situation, you will do even better the next time.

If you are trading for cashflow, then you really have to have a plan in place. I am not here to advise you on your rules for trading as everyone eventually finds the way it works for them. It’s like learning anything new, you try a system and then tweak it to suit your personality.

So its a little like when you are in your car driving along… do you focus on the bugs on the windscreen or on your destination? If you let the little things in life get in the way and focus on the trades that didn’t go your way, that’s what you will keep on getting. Take charge of your emotional intelligence today and focus on your destination with a sense of certainty. You will be a whole lot happier on your journey

To Your Success

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

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Hello fellow Bullhunters

Well I am getting my head around all of this and we are nearing the end of The Bullhunters Guide to the US Stock Market which I know you have all downloaded by now. This resource will help you in your endeavour to comprehend what the stock market is about. Today we discuss some more about Options Trading and the reasons why some traders buy calls. So here is the excerpt…


Options Trading

On the other side of things are people who buy options. Someone buys calls because they believe a stock is going to go up. Imagine you were convinced that Microsoft stock was going to have a $5 per share gain by Christmas, but you only had $3,500 to invest. At $28.37 per share you could only buy 123 shares. If the stock went up to $33.37 as you expect, you would only make $635 in profit. Instead, you could leverage your money by buying calls.

You go online and discover that there are several expiration dates for Microsoft options - October, November, January, April. There are even options for January and April of the following year, but thats too far in the future for your Christmas strategy. You decide to look at the January and April calls.

You see that the strike prices are available starting at a low of $15 and going to a high of $37.50. Since Microsoft’s stock price is $28.37, any strike price under that would be considered in-the-money and any strike price higher than that would be out-of-the-money. The Options Clearing Corporation determines what strike prices are available for each stocks trading volume and current price.

You think that Microsoft is going to go up at least $5 to $33.37 so you look at the strike prices near that level. You see that January $32.50 calls are selling for $0.10 ($10 per contract) and April $32.50 calls are selling for $0.30. With your $3,500 you could either buy 350 January contracts or 116 April contracts. Obviously the April contracts cost more because there is greater chance that Microsoft (or any stock) will go up (or down) the longer the duration of the contract.

You decide to go with 350 January contracts. This gives you the power to control 35,000 shares of Microsoft - nearly $100,000 worth - for only $3,500. If the stock fails to reach $32.50, your contracts will expire worthless and you will have lost your whole investment. If it reaches $32.60 or more, you are guaranteed to break even. But the good news is that you don’t need to exercise your option (which would require upwards of $99,000) - you can simply sell it.


Trading for Cashflow

As you can see from this summary of buying calls, it can be a great way for you to produce a monthly cashflow with this trading strategy. It’s all about leveraging your money to make it work for you. So you could choose to make the small profit if the stocks go up or you can mulitply it to give you an even bigger return by buying calls.

This strategy is more advanced and to attempt it you need to be at least comfortable with writing covered calls and have your trading system and emotional intelligence in place to be able to deal with the outcomes of your trades. It is not for a beginner and you can build up to this slowly and gain confidence with every step you take in educating yourself.

Some of the graduates of the Jamie McIntyre homestudy have been very successful in learning how to rent shares (in Jamie speak) and have progressed to this strategy by learning how to cover themselves if things don’t go their way and the market happens to drop. Education for Life is the what Jamie teaches in learning how to become financially free and setting your own goals on how to achieve this.

To Your Success

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

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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?

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.

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

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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…

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!

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

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Hello Fellow Bullhunters

Well what can I say. I am still trying to touch the ground after an explosive 4 Day Education For Life Seminar with Jamie McIntyre and the 21st Century Academy.

The main theme which I picked up from all the attendees was that it is a life changing experience and that everyone has to experience this at least once in a lifetime.

Jamie McIntyre is a very approachable and humble man who is also generous enough to provide education for people that would otherwise not be available through any normal channels.

What makes him stand out is the fact that the strategies that he covers are secrets amongst millionaires. Developing a millionaire mindset is not difficult but rather a way of life.

The first day is all about learning emotional intelligence and knowing how to change and control our emotions so that we can have a clear head and understand exactly why we do the things we do and make the decisions we do in order to come up with the best possible results for our individual needs.

We are fortunate to have countless speakers who all have a PhD in results to share with us their millionaire mindset strategies in Property Investment and Share Trading.

Some of you would have heard of Angus Knight, Andrew Dimitri, Justin Beeton, Steve Molnar, Rick Otton and Mark Rolton. Just to name a few.

Also on the list of speakers are Brad Matthews, Leigh Barker and Tom Hua. In order for these strategies to work a team of professionals in finance and accounting and business are also essential.

Get your copy of What I Didn’t Learn At School But Wish I Had by Jamie McIntyre to see what all the fuss is about and think about what your future could look like having gained this knowledge.

Sean Rasmussen of Universal Wealth Creation has not looked back since finding this DVD almost three and a half years ago and would like to share this with you if you let him.

Discovering what you want from life and taking the action necessary to achieve it is something that not many people think is possible for them. In my experience finding Jamie McIntyre and his education has opened doors that I would have never thought possible for me.

My journey is still just beginning and meeting some wonderful graduates and making new friends this last weekend has given me a renewed sense of purpose and I know that life is only going to get better.

I am already so grateful for what I have and can’t wait for what the future holds because it certainly looks very prosperous from where I am sitting. Join me for the ride won’t you. We can never get back those missed opportunities.

I would love to hear from some of you who attended the seminar with me. It is great to get feedback from others who are willing to share their experiences.

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

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