How to Profit from the Up and Coming Bull Market Part 1 of 3
By Stephen Sutherland, author of Liquid Millionaire.Posted in the Category of ISAS, Stock Market, Psychology of Investing, Wealth Building, Financial Advice on 15th May, 2009.
Tags: bull market, isa, isa trend investing, organisation for economic co-operation and development, recovery.
How Getting Clear on your Goals Can Help You Profit from ISA Trend Investing
Previously on this blog I have spoken about the benefits of ISA Trend Investing and how this brand new method of investing using Stocks and Shares ISAs can help you make millions from an imminent boom.
This week a group of international experts predicted that the recession in Britain may be over by August.
The influential Organisation for Economic Co-operation and Development had their prediction backed up by a range of hopeful statistics on the economy.
Given the fact that all of the big money is made in the first two years of a bull market, with a recovery imminent, if not already begun, now could be the time to get invested.
Today, in the first of a 3 part series, I want to show you how getting clear on your financial goals can help you profit from an up and coming bull market.
Get Clear on Your Goals to Capitalise on an Up and Coming Boom
Did you know that you were born with an in-built ‘automatic, goal striving machine’ designed to help you achieve success? A machine that, when utilised correctly, can help you to achieve untold wealth.
Today, in the first of a three part series, I want to show you how to harness this ‘machine’ to help you to achieve all of your financial goals and make the most of an up and coming boom.
Previously I have spoken about the power of commitment and how by committing to retiring rich you can overcome any hurdle life might put in your way. But unless you are clear on exactly what your financial targets are there is the real danger you will wander off course.
Clarity helps to create desire and it is desire that will help to create a tremendous pull towards your intended goal.
When I speak to prospective clients at my company ISACO, some of them are not clear about what they want to achieve. Not being clear on your financial goal is like not knowing where your end destination is when looking at a map. And if a person is a little fuzzy on what they want, I help them to gain clarity.
You see, by getting clear on what your dream life will look, sound and feel like when you arrive, it helps to…
1) Create the desire and initial motivation to get started AND to keep going when the going gets tough.
2) Maximize the probability of you eventually arriving at your intended goal.
Clarity = Increased Probability of Success
Why would your probability of success increase just by getting clear on what it is that you want?
In The New Psycho-Cybernetics; a classic book that has sold over 30 million copies, the great Maxwell Maltz says that our minds operate like an automatic, goal striving machine. He calls this goal striving machine your Automatic Success Mechanism (ASM).
Maltz states:
…“You have an awesomely powerful computer-like success machine at your disposal. Your physical brain and nervous system make up a servo-mechanism that you use and that operates very much like a computer; a mechanical goal seeking device. You accelerate personal development and goal achievement by providing your ASM with a clear, precisely detailed, vividly imagined and perfectly communicated “target.” As the target gets clearer, the ASM responds by doing its job more efficiently.”
In other words, the mind acts like a giant magnet. Whatever you think about, whatever you dwell upon (ie; your ideal vision of the future) is drawn towards you and you towards it. And if you take the necessary action, your thoughts (ie; pictures of your dream lifestyle) end up becoming your physical reality. And so it’s important that we try to keep our minds focused on the things we want and off the things we don’t want.
In Part 2 of this series I will begin sharing with you an exercise to help you get crystal clear on your own personal financial targets and in Part 3 I am going to help you calculate how much money you would need to accumulate to pay you the amount needed to live your dream lifestyle. So if you are serious about becoming rich they are not to be missed. In the meantime let me leave you with another quote, this time from Marcus Aurelius, the great Roman Emperor:
“A man’s life is what his thoughts make of it.”
What kind of life are your thoughts creating?
If you have any questions about how getting clear on your financial goals can help you to capitalise on an up and coming stock market boom, please contact a member of my team for a chat. Whoever you speak to, you can be sure there will be no selling, no jargon, just the facts.
Your friend,
Stephen Sutherland
The UK’s Leading Authority in ISA Trend Investing and Author of Liquid Millionaire
