Archive for the ‘Financial Intelligence’ Category

Financial Intelligence

Friday, September 21st, 2007

Firstly Bullhunters, I would like to say that I am not a licenced Financial Planner and neither is Sean Rasmussen or Jamie McIntyre, so we cannot give advice on how to invest your money.  What I can do however, is share with you some insights of what Jamie talks about in his best selling book What I Didn’t Learn at School but Wish I Had.  After all, I wouldn’t be writing this blog if I hadn’t become a 21st Century Academy Graduate :)  And, if you are investing in the Stock Market and trading successfully, how are you going to make that money work for YOU rather than having to work for your money?

What I Didn’t Learn at School but Wish I Had

Please remember when you download this free ebook that the information presented here is based on Jamie McIntyre’s personal experiences as an entrepreneur, consultant, coach, investor and others he has modelled in detail.  You may have to modify them, do further research on them or adapt them to suit your personal financial situation.  Also, any information presented is given purely as an illustration and should not be construed as a specific investment recommendation.

The key to creating wealth is to make the space in Your Life for the money to show up first and foremost.  Jamie discusses  the following points, amongst many others,  and allows you to fill in your own details in the book itself so it is written in an educational format.  They fall under these categories: 

  1. Financial Protection - this is the precise amount of money  you will require in liquid assets to be financially protected.
  2. Financial Security - the amount of money you will need to achieve finacial security to cover the basic necessities such as food, clothing and transport.
  3. Financial Independence - the amount of money you will need to achieve financial independence to be independent of working a J.O.B. (Just Over Broke).
  4. Financial Freedom - this is attained when your investments provide enough income for you to live the lifestyle you desire for the rest of your life without ever having to work again.
  5. Absolute Financial Freedom - this is when your investment income provides you with certainty that you can do whatever you want, as much as you want, whenever you want, wherever you want, with whomever you want, - without ever working again.

I have a big poster board that I drew listing these points with the amounts needed to achieve each level stuck on the door of my office so that I can look at it on a daily basis and know where I am up to.  So far, I have achieved step number two which is Financial Security and on the way to achieving Financial Independence by March of 2008. 

On this poster board, I also have some pictures that I have cut from magazines of places that are on my list to visit, a beautiful home similar to one which I would like to purchase and a photo of my newish car which I purchased at the beginning of the year.

I am not telling you this to impress you, but to impress upon you that planning for your financial future is imperative to living the life that you desire to live.

Working through the book helps you set up a reduction strategy to eliminate your bad debt (as opposed to good debt) for the purpose of using your money for the strategies of renting shares, property investing, running your business more successfully with a team of professionals and of course Internet Marketing strategies.  Jamie uses a synergy of all these strategies combined and wants to teach you how to develop a Millionaire Mindset and do the same. 

If you are reading this and are already trading, perhaps you may want to take a look at what else you could do with your finances to help reach your desired level of Financial Intelligence and quit working for someone else unless of course you enjoy what you do.  If the graduates reading this would like to comment and share something that really stood out for you from the book, I welcome your comments.

Sean’s wealth forum is a great place to meet other graduates and members who are doing their due dilligence into the homestudy so if you are so inclined, please visit the wealth forum and make some new friends.

To Your Financial Success

Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007

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