Posts Tagged ‘Investment’

Emotion Rules Recession

Wednesday, December 24th, 2008

What I hope we’ve all learned from Mr. Rush Limbaugh, in case you didn’t already know it, is that recession and financial stress is optional. How so? Because recession, as with all economic ebbs and flows, is ruled by emotion. Yes, there are tangible market factors which can be pointed out to determine what is and is not a recession, but in the end history tells us that market turns pivot on one thing—the collective emotion of investors and consumers.

Nothing New

This is not a new concept, especially for those of us in wealth creation circles. We’ve heard this from such historical experts as Napoleon Hill and Wallace Wattles; we’ve heard it from modern experts like Jamie McIntyre and his contemporaries. For every major market turn, you can trace a line back to the fear and anxiety of the market that drives it.

Assuming this to be a given amongst us, the discussion turns to this:

What Can You Do About It?

You can do just what Mr. Limbaugh is doing.

Refuse To Be A Victim Of Recession

Create your own destiny by creating your own wealth. Educate yourself in as many ways as you can so that you have financial investment tools to use in every market; because really, every market creates an opportunity. You just need to be in a position to capitalize upon that opportunity.

The first and foremost thing that you can do about weakening economies is to develop the mindset of success that will see you through them. That is the basis of the 21st Century Academy. It is the basis because it is the foundation of financial success. Men like Rush Limbaugh, love or hate him, are proof positive. He maintains a mindset of success and well being. And he is successful and well-off.

The consumer or investment market cannot take your mindset away from you. Only you can do that. So, the markets cannot force you to be victimized by them. Only you can grant that permission, too. Refuse to participate. Refuse to be victimized. Insist on being a success in each and every economy throughout your successful life!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008

Why Does Wealth Creation Overwhelm You?

Thursday, November 6th, 2008

If you find that creating wealth overwhelms you, you are not alone. And if you find it difficult to overcome that feeling, you are not alone, either. Why is this the case? And how can you get beyond it? You might start by first analyzing what the emotion of overwhelm really is.

Why We Feel Overwhelmed

The reason that we feel overwhelmed by new tasks is that they feel too large. They are just too big to wrap our minds around them, and so we feel like the job is impossible.

There is another element that contributes to that feeling of being overwhelmed. It is the desire to get through it all now. To want to be done with it, to be at the end, to have reached the pinnacle and disburse with the work of it. There’s nothing wrong with wanting that, with having a high level of motivation to achieve your goals. Unfortunately, that’s just not realistic. You have to put the work in if you want to enjoy the rewards—you have to invest something to reap the benefits and become wealthy.

Get A Grip On Being Overwhelmed

Knowing this is half the battle, as it always is. Gaining a perspective and knowing what you are up against is the way to combat feelings of overwhelm and anxiety. When you understand that feeling overwhelmed is simply a reaction to wanting to be at the end and be wealthy, then you can begin to rationalize the situation and tell yourself what you need to hear to stay motivated towards wealth. You can recognize the tasks as necessary steps to getting rich; you can break those tasks down into smaller, more manageable tasks, and you can set smaller interim goals to help you along the way.

Being overwhelmed is just another emotion. When you learn to control it, you can enjoy great success in creating wealth and being financially prosperous. You can be rich!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008

I Come Across This Stuff Everywhere

Saturday, June 7th, 2008

Wealth and Financial ControlA lot of what we learn in wealth creation programs, including the 21st Century Academy programs and courses, is something that we come across again and again. At least, if you run in circles of financial empowerment you will. The more you read, the more you research, the more you watch or listen to, the more wealth building information that you access, the more you will see similarities and repetition. What can we take from this?

Great Minds Think Alike

Great minds think alike. There’s probably no more succinct way to say it. The reason that you will find much of what you see taught again and again as you pursue the various avenues of wealth creation again and again is that the people who have succeeded in creating wealth and gaining financial freedom have done so based on solid foundations of money, investment, money management, and mindset. Basically, they get it. And not surprisingly, what’s worked for one works for another. It’s the very reason that one person can teach another how to become rich—because it’s the same for all. You just need to learn how to do it.

Proof, Not Mindless Repetition

What we can take from this is that the recurrence of certain concepts of wealth and financial control are proof that these methods, strategies, and fundamentals work. This is not a case where uncreative minds come together and repeat what someone else has said. This is a case where groups of successful individuals have made money, built wealth, and passed on what it is they learned for the success of others.

If you’re doubt it, you have only to look at the track record of the one who is telling it to you—the expert behind the strategy or theory. Look for his or her individual success. It should tell you all you need to know to know who is really a leader in wealth education, and who is just following the masses.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008

New Beginnings For Wealth Creation

Friday, May 30th, 2008

Any wealth creation expert will tell you: if you want to be rich, start again at the beginning. Why? Because what you’ve been taught just isn’t getting you very far.

Life And Financial Education Until Now

That may sound harsh, but if you are honest you’ll agree that it’s true. Why else would you be here if your money or financial education had done its job?

No doubt you’ll agree that you did not learn enough about money and financial control—were not exposed to enough through the education you’ve received in school or in life—to teach you how to really grow wealth. Wealth creation relies on a level of understanding of money systems, investment, mindset, and attitude that just is not approached in school. Few of us have the benefit of a wealthy mentor or parent with such an understanding, and so the majority has been educated very little in wealth creation. We’ve all learned to work for money, but not to create wealth by making that money work again.

Along the way, we’ve also been conditioned to look at money as something negative—as a demon that creates deprivation, instead of as a tool that is there for our own personal use and the use of all others. The things we’ve been conditioned to believe about money continue to impact our every financial decision and reaction.

Life And Financial Control From Here On Out

To live differently, to create wealth and gain financial control, we need to go back to the beginning and get the financial education we should have received the first time around. The resources are certainly there; wealth creation is no longer a well-protected secret. You do have to search out these resources, though, and be a willing participant in your financial future. Use these resources to go back to your beginnings in money and finance, and learn it again in easier, more sensible terms.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 200830

Setting Wealth Creation Goals For The New Year

Monday, April 28th, 2008

Goal setting is an important part of successful wealth creation. And as we all know, this is the prime time for setting new goals for the year.

Looking Ahead To Wealth Creation

Forming a vision of financial success Envisioning your financial success is one of the ways we succeed in wealth creation. Form a vision of where you will be at this time next year, and let if guide you as you set the goals—the path to financial freedom—that will get you there. The practice of setting New Year’s financial goals starts (as we laid out in the last post) with reassessing the year past. With a firm grasp on your current financial picture, make a plan to take you through the next 12 months; make it a plan that ends much better than it starts. No matter where you are in wealth creation, there is always room for more…

Make Wealth Creation Goals Meaningful For You

Everyone’s financial goals for 2008 will be different. Every one of us is starting at a different place, at a different point in wealth creation efforts, and at a different level of understanding of wealth creation.

• For those of you just starting out, and also for many of you who have yet to make a strong showing of investing, the best goal for you might be to find the money that will fund your efforts at creating wealth. Take a look at the list of places we talked about before and figure out where your money will come from.

• Of course, you’ll also need to decide where you will put that money to grow it and make money, but first give yourself a level of protection and spread the wealth around in your life. Take a look at what Jamie McIntyre calls the ‘bucket’ concept; having buckets of wealth will help minimize your investment risks.

• Make it your goal to continue your wealth creation education. No matter where you are in wealth creation, you can always learn more and find new ways to put your money to work for you.

• To this list, add anything that will help you improve your financial future in the year ahead.

One goal worth a mention by itself is savings. If you’ve read Jamie’s book, you know that building a base of savings is imperative to wealth creation and financial success. But almost none of us do it (the wealthy are excepted). This year, set a dollar-figure for straight savings, and work to build a habit of savings—no excuses!!

Wishing you loads of financial success in the New Year…

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008