Posts Tagged ‘Jamie McIntyre’

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Something to Think About

Saturday, December 26th, 2009

We are very close to the end of 2009 and as Jamie McIntyre, financial educator and success coach, has a habit of saying, ‘I want to give you something to think about’. What better time to go over the past year and assess how you are progressing toward your goals, what goals have been achieved and what improvements can be made.  Maybe you haven’t made any plans or goals yet, if not this time of year is an excellent opportunity to get started.

I have gathered a few questions together that you can ask yourself, answering these may help to sort out the things you want and how you can achieve them. See how many you can answer, but have a goal to answer them all soon. If you’re still under 25 you’re in a great place to consider what you want to achieve over the next few years or so and set up a plan.

I had no idea where I was going when I was 18, one day just followed another, I met my husband, at 21, and then my life followed his direction. I don’t regret it, I’ve had a great life but I know if I or we had considered some of the following questions when we were starting out, life could have been easier. In fact I believe it would have been a lot easier in many ways. Even if you’re over 25, if you haven’t already done so find your answers as well, it’s never too late.

Get a journal or notebook write out each question, add some more of your own if you want, and give yourself a page or two for your answers as they may change over time. Life doesn’t come with a ‘How To’ handbook, we all set out to do the best we can though, anything to make the journey a little easier is worth a bit of your time.

  1. What are my dreams?
  2. What do I want to achieve? (goals)
  3. What are my values?(see below)
  4. What strategies or methods will I use to achieve my goals? (further training, education etc;)
  5. How committed am I really?
  6. What type of lifestyle do I want?
  7. Where do I want to live?
  8. What do I really enjoy doing?
  9. Can I (do I want to) make an income from this?
  10. What do I really want to accomplish with my life?
  11. How much income will I need to make a month to meet my needs now and in the future?
  12. What is my purpose?

It may seem a lot to ask and answer but I encourage you to make an effort to do so anyway. One thing I learnt years ago was to take a good look at people 5, 10, 15, 20 years older than yourself, people just like you doing what you’re doing, in your field of work or family. If you’re heading in the same direction is it where you want to go? If not, then the above questions might help you find a better course for you.

Right now, the life you have is the only one you’ve got, do what you can to give yourself a chance for the best positive outcome.

Following is an extensive list of values, consider choosing 10 that may be important for you to live by, as you look through these values ask yourself,  what is important to you, what values would you like to live by or aspire to, write them down, remind yourself regularly, choose to live by them and you will achieve greatness and success in your life.

  • Abundance      Acceptance      Achievement       Adventure     Affection     Ambition      Appreciation     Assertiveness   Awe
  • Balance       Benevolence     Bliss    Bravery
  • Calmness   Care     Challenge     Charity      Cheerfulness      Cleanliness     Comfort       Commitment     Compassion      Completion      Consistency      Cooperation    Creativity      Credibility
  • Decisiveness         Dependability       Desire    Determination    Diligence        Direction      Discipline      Dreaming
  • Economy        Education       Efficiency       Empathy    Encouragement        Endurance      Enjoyment    Excellence     Expertise
  • Fairness      Faith     Family       Fidelity       Financial Independence Fitness      Flexibility  Freedom      Fun
  • Gallantry      Giving    Grace     Gratitude       Growth     Guidance
  • Happiness     Harmony     Health     Honesty   Honor    Humor
  • Imagination      Independence       Ingenuity       Inspiration     Integrity     Intelligence      Intimacy       Intuition       Investing
  • Joy     Justice
  • Kindness       Knowledge
  • Leadership       Learning      Liberty      Logic    Longevity     Love       Loyalty
  • Making a Difference          Maturity      Mellowness     Meticulousness     Modesty      Motivation
  • Neatness   Nerve
  • Open-mindedness        Optimism       Order     Outrageousness
  • Passion      Peace     Perceptiveness     Perseverance   Practicality     Preparedness         Presence  Privacy      Proactivity       Professionalism       Prosperity       Punctuality
  • Reasonableness    Recreation       Relaxation         Religiousness      Resilience      Respect        Rest     Restraint    Richness
  • Security       Self-control     Sensitivity      Sensuality       Serenity         Service     Sharing    Simplicity     Spirituality     Success
  • Teamwork        Thrift     Traditionalism       Tranquility      Transcendence      Trust    Trustworthiness
  • Understanding   Unity
  • Variety     Virtue   Vision     Vitality
  • Warmth     Wealth     Willingness     Wisdom      Wonder
  • Youthfulness
  • Zeal

‘You don’t get to choose how you’re going to die. Or when. You can only decide how you are going to live. Now.’ Joan Baez.

Have an amazing day

Teresa and the Team at

AustraliaWealth.com.au

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He’s a millionaire, how about you?

Saturday, December 19th, 2009

Jamie McIntyre, a self made millionaire, is the author of “What I Didn’t Learn in School but Wish I Had”, a guide to succeeding in the 21st Century. He believes that if you want to excel, lead a balanced and financially secure life, you need to learn strategies that are going to work in the 21st Century.

The old way of doing things just doesn’t do it any more.
But, what is the old way of doing things? That depends on when you grew up but for fo r me, I had it drummed into my head, ‘Go to school, study hard, get good grades, get a good job and you will be successful.

’ What did that mean exactly?

 That you could buy a house, put food on the table, holiday every year, drive a good car, send your kids to good schools, spend quality stress free time with your family, enjoy your job.
For some of us I’m sure all that might be true but for most of us, it just didn’t work out that way. Even those of us that got the good jobs, would have mostly had to sacrifice family or leisure time. The repercussions of that are far reaching.

Jamie walked a road in his young life that first lead to success and then to complete and utter failure. Broke, in debt and sleeping on a friends’ couch, Jamie eventually realized he had to take a good hard look at himself and what he had been doing and make some changes.

Jamie looked for ways to do things that worked in the society we live in now, he studied other successful people and the strategies they had in place that were working in the 21st Century. What he learnt has led him on a journey where he knows in order for him to be successful the best thing for him to do is help other people become successful also.

The result of Jamie’s research and studies provides information, training, seminars and home study programmes that guide and educate everyday people with skills and strategies needed to excel in today’s world. Information includes latest share market and property strategies that have so far assisted thousands of people to replace there regular time for money incomes. It teaches people the skills they need to develop profitable passive incomes from the huge potential available through internet businesses and marketing.

Jamie McIntyre is an inspiration of hope to many, up until recently he has focused on helping people get out of debt and redirecting their resources to become financially secure and productive individuals able to make positive contributions in society. Many people have joined him on his amazing journey he continues to grow and expand his academy with recent additions in the areas of goal setting, women’s seminars as well as health, spirituality and well-being.

Have a great day

Teresa and the Team at

AustraliaWealth.com.au

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Some General Information for Share Investors

Saturday, December 12th, 2009

If you are considering investing in the share market for the first time I am sure you have many questions, there is definately a lot to learn. This shouldn’t stop you getting started though as long as you take some time to learn what you can and get familiar with some of the key aspects, get some advice from experienced traders through books, dvd’s or courses and don’t invest all your available money in one stock or market. Here are a list of some frequently asked questions that may help…

Do you need to use a broker?

Yes you do, stockbrokers are the registered professionals who are licensed to buy and sell shares on the stock exchange. As professionals they are regulated both by the Australian Stock Exchange and the Australian Securities and Investments Commission. Brokers charge a fee for the service, the amount of which varies between brokers and also depends on the size and frequency of transactions. There are two types of brokers:-

  • Full Service Brokers – They usually provide clients with advice, research and a range of other services in exchange for the brokerage fee.
  • Discount Brokers – These brokers often have a flat fee for buying and selling shares, they do not offer advice or research.

If you’re not too sure what you’re doing a full service broker could well be worth the extra fees.

What is the difference between a ‘bear’ market and a ‘bull’ market?

A bull market is an overall upward movement in the value of stocks (an up-trend), it is an indication that prices and interest in the market is strong.

A bear market is a downward movement ( a downward-trend) where interest and prices in the market are falling.

The overall state of the Australian Stock Market since the the late 1800’s has been an up-trend even so the share market is by nature volatile prices rise and fall everyday. However it does indicate the liklihood of growth if you were to hold good quality (blue chip) shares over the long term.

Why does the sharemarket rise and fall?

The share market has it’s foundations in the economy but it is a market run on the fear and greed of investors. When the overall economy or an individual company is looking strong investor activity increases and the market goes up (bull) but if something should happen such as changes in interst rates or a business shake up that affects investor confidence the market will fall (bear). If you examine the economic cycle of the country you are investing in and compare it to historical data of the share market you may see a pattern emerge.

When is the best time to buy or sell?

This has to be your decision, it is your money invested and it will benefit you to have some knowledge in the particular strategy you are using, however it is also wise to listen to professional advice but make  the final decision your own based on the facts you have gathered. In saying that, it is always a good idea to buy when the market is in a downward-trend  and sell in an up-trend, however timing is critical and not easy to pick. If you are a long term investor then this is obviously not such an issue  however whatever type of investment stategy you use it’s good practice to have a plan in place, a margin that you use to mark your entry and exit points. 

Is listening to the media a good idea when buying or selling shares?

Definately not. Bad news sells and the media has a great time using terms such as ‘crash’, ‘plunge’ and ‘plummet’ when referring to the share market. Do your own research, talk to your broker and don’t get carried away with the marketing of the news.

Power Thought

I am persistent in all my endeavours.

Remind yourself of this often.

Have a great day

Teresa and the Team at

AustraliaWealth.com.au

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Success Traps

Tuesday, December 8th, 2009

D.J.Schwartz, author of The Magic of Thinking Big, in his book Maximise your Mental Power,  describes a study he did way back in the early 1960’s, on five of his college friends who all started life under very similar conditions. Fifteen years after college they all got together again at a reunion and Schwartz examined closely if their circumstances were still as similar. Did they all achieve as they said they would? Where were they all fifteen years later?

What Schwartz found was that only one of the five had actually accomplished what they all had set out to achieve. The study confirmed that four of the group had fallen victim to seven common psychological sins that caused them to stay stuck in a cycle of mediocre achievements, boredom and frustration. The other one had however achieved success by avoiding these seven psychological traps.

If you recognise any of the seven psychological sins in yourself then you have taken the first step to changing your circumstances.

  1. Letting other people control what you do with your life – When you make a decision is it based on your own thoughts and feelings or do you base it on what other people will think.                                                                                                                  
  2. Blaming others when things aren’t the way you want – Making excuses for why things aren’t the way you want them is not something successful people do. You must take responsibility for the role you play in creating the cicumstances around you.
  3. Not having belief in your own abilities and potential (lacking confidence) – If you think you can’t then you usually deliver, if you believe you can and take the necessary steps then of course you can. Blind men have danced, deaf people have sung and a man without legs climbed one of the highest mountains in the world. If you want it, believe it and you will figure out a way to achieve it.
  4. Not acting because of fear – We are all afraid of something but you can’t let it stop you, it can be overcome. If you are not as successful as you would like to be it may be because of fear. Examine your thoughts and feelings. What are you afraid of? Are your fears rational?
  5. Not setting any clear goals - Do you know what you want? Do you have a plan to achieve it? You can’t just wish for the things you want or the way you want your life to be you must make a plan, commit to it and take action. 
  6. Not asking what the other person wants or needs – Being successful involves finding out what other people’s needs are and finding a way to meet those needs. If you help enough people get what they want you will aslo get what you want.
  7. Failure to believe you can succeed – This is really believing in your ability to control the thoughts that occupy your mind. You will need to be diligent here negative thoughts come easily, constantly replacing those thoughts with positive ones is necessary to stay motivated. You must support yourself in your quest for success, help yourself as much as you can. Focus on positive and uplifting thoughts, surround yourself with people you can aspire to even if that is in the form of books or dvd’s.

Life is short, time is the one commodity we can’t replace or get back, making the most of yours doesn’t happen by chance. Growing as a person means accepting responsibility for your life and where you are in it there are many successful positive people who can provide you with inspiration, tools and knowledge. David Schwartz and Napolean Hill from generations ago and today people like Anthony Robbins and Australian self-made millionaire Jamie McIntyre are leading the way. So if you are having trouble on your road to success you may be falling into one or more of the traps mentioned above, the positive thing to do is take that information and use it to turn things around. Learn from those who have succeeded and continue to succeed on their journey, you too can have an awesome ride.

Power Thought

I am in charge of my thoughts

Remember and tell yourself this often

Cheers

Teresa and the Team at

AustraliaWealth.com.au

Reference

David J Swartz Maximize your Mental Power, 1967 pp. 28-38

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Do you have a Mentor or Coach?

Tuesday, November 24th, 2009

The greatest achievers in the world have coaches or mentors, Tiger Woods one of the worlds greatest golfers has a coach that still works him hard so he stays at the top of his game. Jamie McIntyre became a self made millionaire while still in his twenties with the help of a number of personal development and financial mentors. Jamie is now a successful financial educator who has guided many Australians to realise their own financial dreams.photo_2235_20081123

In any field that requires hard work and dedication having a coach or mentor is an essential tool for guiding your success. Many people like Jamie, author of What I Didn’t Learn in School but Wish I Had, have followed the guidelines laid out by successful coaches like Anthony Robbins, Unlimited Power and Robert Kiyosaki, Rich Dad, Poor Dad and used them to build their own wealth.

Creating wealth is completely possible for anyone willing to master their thoughts and follow the lead of successful people who have walked before them. If you are struggling or unsure of how to navigate your way to wealth a coach or mentor like Jamie McIntyre, Anthony Robbins or Robert Kiyosaki have proven strategies you can use and follow.

Conquering your own personal roadblocks like limiting thought patterns, debt or a lack of financial knowledge can all be overcome with the help of a mentor or coach. When choosing a mentor or coach to follow make sure they have already achieved what you are wanting to achieve. If you can’t find one in person books, seminars, webinars, internet forums and homestudy programs are all very effective ways to get the information, knowledge and guidance you need.

Power Thought

Today I choose to experience abundance.

Repeat this to yourself several time today

Cheers

Teresa and the Team at

australiawealth.com.au

Photo

Zan: http://www.freedigitalphotos.net/images/Sunset_And_Sunrise_g108-Sunrise_at_Sea_p2235.html

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What You Should Know Before You Buy Property

Sunday, November 22nd, 2009

photo_5299_20090314One of the most important rules to follow when buying property is to make your profit when you buy.

It’s a good idea to establish some criteria to follow so you know exactly what to look for.

Following are a few tips from Jamie McIntyre’s homestudy course that will get you headed in the right direction.

1. Get to know your local real estate agents

Getting to know the agents in the area you want to buy, if you can, will give you an idea about how they operate. Different agents use different strategies so find one that understands what you are doing and what your criteria is. If you want them to take you seriously don’t waste their time, let them know what you want and only make serious offers. If they understand you mean business, and they know what you are looking for the right agent will work with you to achieve what you want.

2. After an auction

One of the best times to buy property is after it has been passed in at auction.

If a property is passed in at auction buyers will realise they must, unfortunately, lower their expectations. It is often the right time to get a property at the price you want to pay.

3. Timing

There are seasonal times in the year when the property market is more active. Buying in the off season is when you are more likely to get a bargain. The off seasons tend to typically be around:

  • November, December, January
  • July
  • Holidays – Easter and Christmas

4. Work in progress

Roadworks or other major constructions can often put a lot of buyers off buying in that area. If you can see past the noise and dust to what the finished work will be you may see it adding value to the property down the track.

5. Before listing

If you can find a property owner ready to sell, but before they list with an agent, you will have cut out the agents commission and possibly lowered the price considerably. You have to be proactive to find this type of opportunity but if you keep your eyes and ears open the opportunities are out there.

6. Special Levies

This applies to units where the body corporate is raising levies. Some owners may not be able to afford the increase and may be keen to sell. Keep your eye open for units that are having work done on them the work will often create a need for this increase and you may be able to negotiate a good deal for yourself and an owner.

These six tips from Jamie will give you an idea of a few ways to think about and approach buying property. Of course they are not exhaustive and we encourage you to continue to increase your knowledge base in this area if you want to succeed, beyond your wildest dreams, and create wealth through property.

Power Thought

I am destined for success

Repeat this to yourself several times today

Cheers

Teresa and the Team at

AustraliaWealth.com.au

Photo

Tom Curtis: http://www.freedigitalphotos.net/images/Yorkshire_g136-Conisbrough_p5299.html

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Increase the Value of your Investment

Thursday, November 19th, 2009

We have already established that investing in the Australian property market is a great way to create wealth for yourself and your family let’s now look at adding value effectively.Bali001

If you want to add value quickly then you will know that renovating will certainly do that but you must keep the cost low yet still achieve a significant lift in value. Australians love to renovate and do-it-yourself can be very rewarding it can also be disastrous without some guidelines to follow.

When you are dealing with an investment property especially profitable, effective renovations are not always easy to achieve. Be very careful before you purchase a property in need of repairs that you know exactly what you are dealing with, budgets can easily be blown away in this area.

Here are some general rules to follow to help you decide if a renovation project is going to be worth your while. Please remember when renovating an investment property that you must not become emotionally attached, this is not your home, it’s business and you’re in it for profit.

Rule No.1…The best returns are obtained when you improve the cosmetic appearance of the property for the least expense.

Rule No.2…Gaining value in property renovation is most likely to occur in a rising property market. So you have to be careful you don’t become trapped at the end of the property cycle.

Rule No.3…If you are planning to sell your renovated properties, make sure you have an understanding of property prices. This ensures you don’t spend needlessly on unnecessary improvements, while at the same time you can maximise your profit potential.

Rule No.4…Take advantage that many people don’t have the time or inclination to renovate. These are your target market because these people want to live in or rent a property that is in good condition – one that they don’t have to do anything to. Having said this, most renovated properties are sold to busy couples or investors.

Rule No.5…Bear in mind that many people do not have the skill to renovate with style on a budget. Improving your skill in this area will increase the amount of value you can add to a property at the least expense. Experience makes this task less arduous and risky.

Rule No.6…If you are planing to renovate, ensure you have a flexible loan set up that allows you to access money as you need it. A revolving line of credit is one of the best ways of accessing your money through a loan facility.

Rule No.7…Before beginning the whole process make sure you have a budget for the renovations and a plan of what you intend to do. Once settlement has occurred you do not want to waste time or money trying to orgasnise quotes and tradesmen when this could have been organised prior to settlement date.

Never enter a property agreement unless you are sure the transaction is going to be profitable. This means you need to be very confident you know all the cost involved in buying, selling and renovating the property.

References

Seven Rules of Renovation  part of What I Didn’t Learn in School But Wish I Had, Homestudy Program by Jamie McIntyre with Leigh Barker, CPA PNA ACIS SIA(Aff)

Today’s Power Thought

‘I am open and receptive to new avenues of income’.

Repeat this several times today.

Have an awesome day

Teresa and the Team at

Australia Wealth

www.australiawealth.com.au

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Key Skills for the 21st Century

Tuesday, November 17th, 2009

Be Willing to make Mistakes

Being willing to make mistakes and learn from them is one of the most important lessons in life. If you are afraid of making a mistake it is most likely you will never do much of anything and that’s no life. We are taught in school to always strive to be right and that’s okay, but not at the expense of not trying, unfortunately that is what many of us took away from school. Robert Kiyosaki said in Kirra2his book Guide to Investing there is an art to making mistakes which involves asking yourself, ‘What can I learn from this mistake’. By taking responsibility and not blaming or denying you will grow and learn in every area of your life.

Jamie McIntyre has mentioned four other key skills in his book What I Didn’t Learn at School but Wish I Had that he feels are essential to creating wealth in the 21st Century.

Be a Creative Thinking

Being a creative thinker will have you looking for solutions when it appears there are none. Most of us don’t use nearly as much brain power as we could, exercise this muscle as you would any other, one way to do this is to be continuously learning something new. My husband liked to learn a new word every day (there are so many in the dictionary) and apply it in his conversation that day. So no excuses about not having enough time it need only take a few minutes a day. Resist asking for help with a problem until after you have come up with a few possible solutions yourself. Soon you will have your creative thinking skills working strong.

Negotiating

Learning to negotiate effectively is a very important skill, turning an objection into an approval will help you achieve the results you are after. The first thing you must do when you find the need to negotiate is hear what the other person is saying. No matter what situation you find yourself in if you can acknowledge that you have really listened to and heard the other person you are off to a good start. If you’re prepared to listen then understand yet calmly state your position and work towards a win win solution you will find yourself achieving your goals more often.

Communication

This is a skill we all know is important in all areas of life but one many have trouble doing effectively. Part of this skill fits nicely with negotiation by hearing what others are trying to say you make it a lot easier for yourself to be heard. Also learning to hear another persons needs puts you in a better position to supply that need. One of the secrets to success is to find a need and fill it.

Marketing

Succeeding in the 21st Century has a lot to do with  how good your marketing skills are. There is so much competition and so many ways to deliver messages or advertise understanding this skill will ensure the previous skills don’t go to waste. I have found it is easy to get bogged down in this area, especially if you are considering internet marketing, the solution is to find one person that does this well, in the area you are in, because they are getting results and model them. Don’t waste time searching or examining lots of different ways if one way is working for one person it will work for you. Once you have mastered it and are seeing the rewards then you can research other methods if you choose.

May I suggest a positive thought for today say it to yourself, as often as you can, with feeling.

‘Everything I touch is a success’

Have an awesome day

Teresa and the Team At

Australia Wealth

www.australiawealth.com.au

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Share Strategies and Terminology

Monday, November 16th, 2009

Share trading terminology can be complicated but Jamie McIntyre, self-made millionaire, well known as a leading 21st century educator has been teaching simple easy to understand terms for a number of years.

I’m going to give you an introduction to a couple of strategies and terms popular amongst Jamie’s graduates. These strategies work well for generating cash flow and can be protected against loss.

Insuring

Insuring shares is Jamie’s term, the market would refer to it as purchasing a Put Option. What this means is that you have bought the right to sell a share at a specified price before the expiry date of an option. Option is the term used to describe the contract between a buyer and a seller also it should be noted there is no obligation to buy with this contract just an option.

This method allows you to protect yourself against a fall in the value of a share by fixing the price for the duration of the insurance no matter how far the share value falls. So what you have done when insuring (buying a Put Option) is protected the value of your investment by buying the right to sell it at a predetermined value regardless of how far the price has fallen in the market. With this strategy you are able to balance your risk and reward.

Renting

Renting is his term for a strategy known as covered calls or buy/write. This method is used when an investor is after cash flow. Not all shares can be rented and they must be purchased through an accredited broker usually in lots of 1000. For the types of shares available under this strategy the amount of funds required is around $20,000.

After your shares are purchased they are then offered back to the market and this is where this strategy takes place. Another investor offers to rent (covered call) those shares with the option to buy them should they reach a predetermined price. The buyer is expecting the share price to rise and has locked the purchase price at the predetermined value. You as the owner of the shares will be paid a rental income (premium is the market term)plus if the share reaches the predetermined price you sell them (you are exercised) at a profit to you.

In this case you will also have insured your shares should the price fall. So even if this happens and you experience a small loss your loss is reduced even further because of the rental income you received.

These simplified terms that Jamie has assigned to share strategies is just to make them a little easier to understand.

Make today count

Teresa and the Team at

Australia Wealth

www.australiawealth.com.au

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