21st Century Academy

In a lot of ways building wealth requires you to first knock down the walls that have become an integral part of you. That is, to knock down the walls that have become barriers to you so that there is room for you to build a stronger foundation and overall structure.

Every one of us has something that impedes our financial success. Every one of us has things in our life—both psychological and more real, tangible barriers—that get in our way. These are things that we all have to overcome and move past, replacing the old with the new and the better.

First Step – Self Evaluation

The first step to doing this is to figure out what those barriers are. These could be very elusive things that we do not even know about ourselves—thoughts and attitudes that are ingrained in our psyche; subconscious attitudes (such as what we talked about when we discussed the financial subconscious). As Jamie McIntyre tells us these are very much individual thoughts, attitudes, and barriers, but there are several that are common amongst all people and so we can learn something about ourselves by learning from others like Jamie and other people pursuing financial prosperity.

There is very minimal success without first understanding that these hang-ups do exist and what they are. These barriers have a way of coming back to haunt you so recognizing them and working to overcome them is essential to your financial future.

Persistence Is Progress

The way to overcome these barriers is related to what the barriers are. For a great many of them rewiring your subconscious and your mindset and attitude is necessary. Moving through a wealth development program removes a lot of these barriers because so many are intertwined and inter-related. But regardless of what is holding you back know that you can surpass it and break those barriers down. You can overcome anything—physical, psychological, human, or theoretical—and you can be wealthy. With the recognition that there is work to be done and the persistence to see it through, every last barrier to wealth can and will be broken.

To Your Continued Financial Success

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 – 2008

I first heard this term used in 2004: Creating Wealth In The 21st Century. At first it didn’t make much of an impression. Then I slowly started to realize to power of the statement. Jamie McIntyre used it at a seminar and in his homestudy program with 21st Century Academy.


An Education For Life

To Create Wealth In The 21st Century, Jamie McIntyre reckons you need to get An Education For Life. This isn’t one you get in School. Oh No. It’s not that simple. If they wanted you be be wealthy, have good cashflow and enjoy self sufficiency in life, then they’d teach you skills like:

• Emotional Intelligence
• Financial Intelligence
• The Skill of Saving Money (better than they do now anyway)
• Thinking Abundant
• Money Management
• The Importance of Compound Interest
• How To Develop a Millionaire Mindset
• And many more lifeskills…


The 21st Century Education

Now I know to Create Wealth In The 21st Century, I need to Think Abundant, Think Outside The Square, Learn To Take Action and Focus On The End Result. That might sound like common sense and maybe even a bit like a cliche’… and all the same, not enough people do it. We all know what to do. We just don’t do it! This is The 21st Century Education I got from Jamie McIntyre and his 21st Century Academy. Yes, I learned many stock market, property and Internet strategies and they have made me lots of money. Without the other stuff, they would all be worthless. Now I know what to do and I’m doing it. I’m Creating Wealth In The 21st Century.

Until next time…

Heres For Massive Abundance and Lifeskills

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 – 2007

Using the term Renting Shares has got a few people into trouble. It is not the correct legal term. It’s probably because it make too much sense and we can’t have that, can we? Let’s have a go at explaining what the term is used for. What does it mean and why is is called Renting Shares? Well, I’ll run you through a hypothetical example of one years worth of trading to see exactly what it is. This is effectively an example I learned from 21st Century Academy and Jamie McIntyre.

First, to put this into perspective, I’ll use an analogy.

Renting Houses Like a Landlord

A landlord rents out a house. The house may have cost $100,000 and costs $8,000 a year in interest to the bank. The tenant pays $200 per week in rent and there are fees for real estate agents, upkeep, maintenance, rates etc… Here is a very simplified summary :

Cost of house: $100,000

Annual bank interest on a 100% loan: $8,000
Maintenance, upkeep etc: $2,000
Real estate agent fees: $400
Total expenses per annum: $10,400

Rental income: $200 per week = $10,400 per annum

This means your expenses are the same as the income and your house would be cashflow neutral. Not a bad investment considering properties generally go up in value over time. This means you can make money without any real drain to your cashflow. This example will of course vary heavily depending on different financial scenarios.

Renting Shares Like a Sharelord

Now, if you would be Renting Shares Like a Sharelord, you would effectively buy shares and just like a house, you’d simply rent them out to the stock market. You may buy a share at $10.00 and offer to sell it at $10.50. If the share goes above $10.50 you have to sell it at a 50c profit and cash in.

Cost of shares: $100,000

Annual bank interest on a 100% loan: $8,000
Estimated stock market brokerage: $1,000
Options fees, additional brokerage: $700
Total expenses per annum: $9,700

Approximate Share Rental income, non leveraged 2% per month: $24,000

Profit = $14,300
Return On Investment = 14,3% per annum

Should you wish to have a 90% insurance on your shares to cover yourself against a stock market correction, this would cost approximately 4-7% of the share cost, depending on the share volatility. If you want the added security, you can have an insured portfolio and still make around 6-10% on the share portfolio.

Create Wealth Through Renting Shares

In the above example, I haven’t allowed for the fact that you will get forced to sell your shares at a profit every now and again. This adds to your investment profits and there are some extra stock broker fees to consider. This is just a very simple example of how to create wealth through renting shares. Extra cashflow has never hurt anyone. When adding financial discipline to the equation you can benefit greatly.

Covered Calls and Compound Interest

The correct industry term for Renting Shares is Writing Covered Calls. You do this on the stock market and obviously should use a licensed qualified stockbroker. When this strategy is done correctly and the rules are respected, people can make some handsome returns. I don’t know about you but I’m pretty happy with a 2% per month return on investment. That is 24% per annum and is you were to apply compound interest, well that is whole new kettle of fish… We will cover compound interest when talking about building a Millionaire Mindset.

Until next time…

I wish you abundance in the 21st Century

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 – 2007