“Options trading what’s that?” was the first thing I was thought when I was watching Jamie McIntyre Home study program. In short options trading is having shares (100 of them in the US market, and 1000 for the Australian market) and allowing someone to buy those shares from you, if it is above a dollar level that you have both agreed to, on the 3^rd Friday of the month. The person will then pays you for the option to do this. Plus if you get any capital gain.

Jamie calls this renting out your shares.  Though this is not a super fast way to make you fortune, you can cover your risk and still make 3% – 5% return on your money ….. per month. I started with George Fokas from Share lord (http://www.sharelord.com) George is my mentor and he has shown me how to make good money. The only way I came across George is through Jamie McIntyre and the 21^st Century Home study program. To make you wealth great your free DVD

I was lucky to help at an event Jamie McIntyre took for Children and money.

The event was lots of fun the speakers were inspirational, activities for the children were engaging.

I was thinking to myself it I only had the same access to information, I would be further ahead. But and this is a big but, like many of the kids at the event, I did not understand the value of money. My parents was where I got most of my financial learning from, had no idea, and every investment they took, they saw it as a huge risk to their finances. It is, just they did not know where to start, and what was there risk to reward levels so they knew the return they would have for their investment.

They did invest and made losses, as they did not know how to cover their risks. So they taught their kids scared investment strategies. Not good.

One day I found Jamie McIntyre’s Homestudy program on line. I thought at the time it was a gamble I was taking.

I ordered the program after watching the free DVD. Even watching the 80 hours of information, it took courage to carry out my wealth plan and put it all into action.

Do you have the courage to make money? Because you taking action with your finances, is the only way you will be able to show your children how to invest.

For many years I was looking for that one big payday.  The one large win.  Lottery winners are few and I don’t think I will be one of them.

After completing the 21st Century Homestudy program I realised that I needed to build many sources of income.

Then, if one source of income dries up the others will take over, and I will continue to create others.

So what are good sources of income?

Get a Free DVD (http://www.dynamitewealthcreation.com/freedvd.php) and learn about other sources of income.

Do you have the courage to make money? You may have a dream to make truck loads of money, but life becomes hard and we all want easy street, so we stick to what we know, which is earning a wage and not experiment in different ways to invest.

It takes courage to break out of the easy street and make money, it is scary what is my family, friends, work mates going to thing if I succeed. You will also think, what if I fail and I go backwards financially. I was like this too, I had to take a huge risk. I can say it was never easy and I got dragged back more times than I want to think about. I made it out and now I can make choices to do what I want as I have more money coming into my life, than I could dream of. Could you?

How many of you are thinking if I make money, I will lose my friends?

Many of us think that having money, makes us different to our ‘poor’ friends. Those friends will never speak to us, as they think we have more money than sense!

If that is the case, why not team together with your friends/mates and work on getting wealthy together. Nothing wrong with having daily chats and following a wealth plan that will help you get rich with your mates. Two plus minds are better than one!

Most people do not know where to start with their investing wealth plans. I really recommend you watch, with your friends Jamie McIntyre free Wealth Creation DVD and who knows where and what riches that will lead you to!

Many years I saw my Ego get in the way of making money. I mean I thought I knew everything.

When wise RICH men were giving me advice and a helping hand, I thought I knew better…. Have we all been in that same place before? It may not be about money, it may be other activities in life, that we do not want to show people how little we know.

As I have said how do we let our ego’s get in the way? For a long while I resented people telling me what to do. I mistook ‘telling me what to do’ with advice they were willing to offer.

I was lucky enough to be in a room with Jamie McIntyre, at a 4 day Wealth Creation seminar and he was chatting with a group of speakers. What he was doing, was asking questions, because he did not know the answers. He was looking for ways to create better outcomes. I was thinking this is a millionaire getting advice from other millionaires.

What was happening was the millionaires were all asking question, getting answers and seeing how this would fit in their lives!

You can see the light bulb come on for me! So I now go to events with a fantastic mindset, I do not know anything, please teach me. Do you think I get a lot out of each event? I recommend reading about Jamie’s story, then getting his free Wealth Creation DVD. Remember wealth for life

It is always tricky and knotty to attain knowledge and then gather all the information pertaining to begin with investing in the share market. Amongst all the key players there is one personality with whom you have to stay in touch all the time is your broker. He is the one with huge knowledge and information about the timely and yielding investment .He will be guiding and helping you for making correct decisions to invest in the share market.
Choosing a Broker for You
The amount of money you are intended to invest in the share market is of great value to you because this investment will be the hub of your future so the correct choice of your broker becomes very important who has to take care of providing the best possible management to your investments in accordance with your desires.
How to pick the true broker who will be able come up to the standards of the services you would like for your investments. For this purpose here are few useful guidelines for you.
Set Investment Goals
It is imperative for you to decide and set objectives of your investments ahead of beginning to invest in the share market. Here comes your first initiative to choose a type of broker who will be able meet the need of your goals as you are to brief him about your future goals for which you want his assistance. Discount broker will serve your purpose if you merely want him to take care of decisions but beyond this you have to have full-service broker for advice and necessary tips and techniques.
Determine the need for type of Broker and proper utility
If you are in the need of regular advice, information, instructions, and other directions or assistance for your investments then a full-service broker can yet go ahead of that to handle other investments for you together with trusts, life insurance, and even more if he is in possession of financial planners’ license. Contrary to this job of a discount broker is limited merely handle your plans according to your set goals. It has got one disadvantage of very small communication between you and your broker.
Weigh against Services
Irrespective of either type of broker once you have short listed about three brokers keeping in view their services, you will then need to consider the one who is most beneficial for you at the very moment you need it to be. Different types of brokers are having different types of services. So you need to make your choice for that that is having all of those services you need and also those services you will need in future. Be careful with the selection of the services you need so you do not face any kind of problem in the future with your broker.
Determining the Fees
Brokers are always in competition with each other for the offer of services with affordable and fair price, that is why you need to look for the one who is having best services to offer along with some discounts and all of the services are reliable.
Considering all of the facts described in this article, you can come with a best broker for dependable and long lasting security of your investments and this will help you make money without any worry of being in loss.

What do you mean patience and perseverance to wealth?

Because of all my free time I am able to do things others would like to do.

I am a Les Mills Pump instructor; I have just finished my training. I looked out at my class and watched them.

Many of them have been training in the class for years, yet are too scared to increase their weights so they can challenge themselves and their bodies. As we know with Marathons, it is more to do with the mind than it is with the body.

The same can be said with investing, in any market. I have been options trading for a while. I have made some great profits with buying shares, and selling options to my shares. I have made good profits, but this week the markets went down… My shares “tanked”. My option will expire on Friday; the stock that I purchased at $26.00 is now at $16.48.

I was wise enough to put a collar on my shares at $23.00 so I have made a minimal loss, as I Friday I will be able to put those shares to another person, and be paid $23.00 a share, even though the market has said they are $16.48.

Do you know the first thing Monday I will do, yep get back into the market! Most people on a losing trade will run gun-shy, and not invest in the share market till it gets good again… but do you think there are going to be bargains? Bloody oath!

This is the thing you have to learn patience for when the markets go against you! And learn perseverance as you know you have to keep with your course and know you will in the end win in the wealth race to get out of the rat race

The property prices in Melbourne always seem to be going up! This is generally to do with supply and demand. Melbourne is unable to build more houses as quickly as people need to live in them.

Then we are having immigration, as well as inter-state movement, and Melbourne population is ever increasing.

Banks as well are not lending money as freely as they use to, mainly because the re-insurer (all loans are insurered in Australia and New Zealand) are American base and we have to pay for the American Financial Problems that has affected the world!

Any way this makes it more difficult for the first home buyer. They now have to think outside of the box to get their own house.

First they should consider buying a property with friends and paying that off as fast as possible, this later can become a rental or be sold and you go your separate ways with the profit. You will need to speak to a lawyer to cover everyone in this transaction.

Or ask your parents for your inheritance now. Is that a great thing, your parents can have buy in to your property now, and they can help you get well off.

Buying the first house is hard, the second third and forth houses become easy and fun.

To learn more strategies with buying property for wealth and creating a wealth plan, get your free wealth creation DVD

This week is the final week in the US if you are trading options. This Friday will be  expiry date.

We brought share (TSL) at $26.00 and put and sold a  “in the money” option at $26.00.

We looked at this stock as saw it trending up for the last 6 months, and considered not to put a stop in. What that means if the stock goes south, (the value of the stock goes down) then  we would be able to pass the stock to someone else.

We put our stop at $23.50.

During the month stocks tend to go up and down, but as long as the shares were above our option of $26.00 on the 3rd Friday of the month. Then the stock will be taken from us.

As Murphy’s law was working our shares finished today at $18.29, so unless a huge market shift… which can happen, we  will be down alot on our investment.

Ahhh you say… and we say too… we have a stop/collar in place at $23.50. So we are now able to give our stock to another person who will pay us $23.50 per share, even though out shares are $18.29.

Yes we have lost a little, but we do not own shares that have “tanked”. And we can go back into the market again, because you have to always persevere, when it comes to learning about the markets, and investing. You will make loses, but you make more profit. This is successful trading!