John R - How to Make Money in Less Time

Specialist dairy cattle vet John Ryan was looking to replace his loss of income. After trading in options and reading well-known financial novels such as Robert Kiyosaki's Rich Dad Poor Dad, John decided that what he needed was an education - after all, education is knowledge, reports Roghan McKerlie.

With more than a decade experience in the dairy cattle industry, including running a milking installation dealership and lecturing throughout Australia and overseas on dairy cattle nutrition and milk quality, vet John Ryan suffered a major economic setback - as did many other Queenslanders involved in the dairy farming industry.

"The long and short of it is the reason I got involved in the stock market and ultimately ACOFE was that I was looking to replace the income I lost due to the deregulation of the dairy industry" John 47, explains.

Hailing from Beaudesert John is still involved with whatever dairy cattle work is available, which isn't much, as well as practicing, in a small animal veterinary. But with 20-25 per cent of John's income originally derived from training farmers and dairy vets, he needed to turn to other avenues.

"I started with options" the father of three says."The stock market has been pretty volatile since the planes flew into the World Trade Centre and I got to the stage where my option trading was not doing exactly what I wanted - mostly because the market was not as predictable as it had been. That was when I decided I needed more training."

Hungry for more knowledge John heard about ACOFE via a friend who had attended an options trading course with John. "I had done this options trading course with five farmers, only one which is still operating, and one of the guys ended up doing the ACOFE course. He was really happy with it and it seemed like a good deal."

"I was looking to expand my understanding and training of all the instruments that are in the stock market" he says. "So I can pick and choose which are the best, if the options aren't going well then something else usually is. But at the moment if the options aren't doing well I do nothing."

John, who already had a reasonable sound knowledge of the market, believes the ACOFE course has been an excellent addition. "I think I had a pretty fair understanding of the market, trading and charting before I started ACOFE" says John. "Everything I have done since has filled great knowledge gaps. The guys doing the training know what they are doing.

The software we are provided with is absolutely great and even in the few months I have been involved, the software updates have been excellent."

John is also impressed with the on-going support the college provides. "The feedback from the company when you have had a problem has been as good as you would want. They have bent over backwards to make sure we are getting what we were after."

Even John's kids' interest in the stock market has grown. For John, at the end of the day, nothing replaces education." I've read Rich Dad Poor Dad and Cash Flow Quadrant, they are great but I think they are more motivational more than educational. You can gee someone up as much as you like but unless you have the education you are never going to get anywhere.

"It is important to have a bit of confidence and good enthusiasm but it certainly does not replace good, basic, genuine education."

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