Tag Archives: Stock Market

Plant In The Spring Or Beg In The Fall? The Story of 2 Lolas

Plant In The Spring Or Beg In The Fall?

Do you want to prosper?

Then take this powerful message to heart: Plant In The Sparing Or Beg In The Fall.
It was Jim Rohn who said those wise words and I’ve never forgotten them.
Friend, life is always a choice.

God doesn’t force His plan of abundance to you.
You have to say YES to that plan of abundance if you want it.
Are you saying YES today?
Let me tell you the story of two Lolas (Grandmothers)…

The Story of Lola Penny
I have a friend who retired 7 years ago.
Let’s call her Lola Penny.

Actually, her real name was Lola Penang. She took a vacation in America, when she came back, she was now called Lola Penny.

Lola Penny is a widow with 4 children and 6 grandkids.

For 38 years, Penny worked as an accountant, crunching the numbers for her company. Because she was such a good accountant, she was promoted many times and became the manager of the entire department.

And she was earning very well.

But Penny told me that even if she was earning very well, she was living from paycheck to paycheck.

Which brings me to a very important principle: Income does not equal Wealth. It’s not how much you earn that makes you wealthy. It’s how much you invest from what you earn that makes you wealthy.

Yes, she saved some money. But like most Filipinos, she saved only for the big expenses: She saved to buy a house. She saved to pay for the schooling of the kids. She even saved for the wedding of the kids. But she failed to save for the biggest expense of all: Retirement.
Like many, she totally depended on the retirement package from her company.

When she retired 7 years ago, Penny got P3 million.

For the first year, it was heaven on earth.

Every Sunday, she brought her grandchildren to the mall to buy them toys.

And when her children needed money, they’d run to her.
“Mommy, can we borrow money to repair our car?”
“Mommy, we lack P20,000 for Junior’s tuition fee. Can you help?”
“Mommy, your apo (grandson) will compete in a swimming competition in Singapore. Can you pay for his plane fare?”

But very quickly, her money ran out.
After 7 years in retirement, Lola Penny was penniless.

This Isn’t Just A Story;
This Is Harsh Reality

Today, Lola Penny totally depends on her 4 children to give her money. But she knows that they have financial problems of their own.

One time, she overheard her daughter arguing with her Kuya (older brother) on the phone. What she heard tore her heart.

With anger in her voice, her daughter said, “Kuya, it’s your turn to give money to Mommy! I’m the one who takes care of her at home! I’m the one spending for her food everyday! And I’m the one buying her medicines. Last week, I spent P3000 for her meds! My husband is already complaining why we always don’t have money!”

When Lola Penny heard her daughter complaining, she began to cry.
The painful words she heard that day were like many knives stabbing her chest.

Lola Penny felt she was just a burden to her children.

And she wanted to die right there.

Here’s the irony: All her life, as an accountant, Penny was very good at managing the money of her company-but she never managed her own money.

This is not just a story.

This is harsh reality: According to surveys, 98% of people aged 65 and above are just like Lola Penny.

They depend on their kids, or they depend on their tiny pension, or they depend on charitable institutions, or they have to keep working-or they have nothing to eat.

Only 2% of people aged 65 and above are financially free.

Like Lola Pilar.

The Story Of Lola Pilar

You can retire in two ways.

You can retire like Lola Penny or you can retire like Lola Pilar.

Penny is a pseudonym. That’s not her real name.

But Lola Pilar is no pseudonym.

Pilar is my mother.

She is 85-years old.

Today, I give my mother a nice monthly allowance.

I do it not because she needs it, but because I need it. I need to show my love to her.

But in reality, my mother doesn’t need my money.

Let me tell you why.

Many moons ago, my mother worked in a small music store as a Cashier. Her salary was P120 a month. After working for 19 long years, she received a separation pay: A whopping P2,000!

She invested that P2,000 in the Stock Market.

The year was 1966.

And whenever she had extra money, she’d invest in very well known companies. My parents bought the stocks of giant companies of their time: San Miguel. Ayala. Etcetera.

My father retired at the age of 65. He passed away at 88. For those 23 years, my parents sold a portion of their stocks-little by little-for their big expenses.

After Dad passed away, Mom announced, “I’m selling all my stocks.” I was surprised that she still had P1 Million from that last sale-even if they were already withdrawing their cash from there little by little.

I asked her, “Did you sell everything?”

Mom said, “Yes, I did. Well, I left the crumbs…”

Crumbs?

“What crumbs?” I asked.

She explained, “Oh, I left the very little investments scattered in various companies. They’re very tiny. Nothing much.”

That conversation took place three years ago.

Just two months ago, I told her, “Mom, you’re 85. You better sell whatever you have left in the Stock Market. Yes, I know they’re crumbs. But just collect them anyway.”

She agreed. She called up her stockbroker and said, “Can you sell all the tiny stocks I have left?”

She was expecting P10,000. At most, P20,000.

But she got the shock of her life. The stockbroker told her, “Mrs. Sanchez, your stocks are worth P1.2 Million.”

Mom turned to me and said, “Bo, I’m rich!”

I told her, “Mom, you’ve always been rich. You just think you’re poor.”

Forty-five years ago, my mother planted P2,000 in the Stock Market. And through the years, she planted little seeds of P50, P100, and P200 in giant companies.

Because she planted in the spring, today, she isn’t begging in the fall.

Start Building Your Retirement Fund Now!

You’ve got to start building your retirement fund now. Not tomorrow, not next week, not next year, BUT NOW! – Bo Sanchez

In her whole life, my mother never received a huge amount of money. She never inherited money. She never won the Lotto. She only built her wealth slowly.

Remember this truth I heard from David Bach: Wealth is not built in days; Wealth is built in decades.

There are two ways of retiring in life: Are you going to be a Lola Penny or a Lola Pilar?

God places the two roads before you.

Penny Poverty or Pilar Prosperity?

You choose.

God Says, “Plan Ahead!”

People today are living longer.

If you live until 90, will you have enough money for your needs? Or will you be depending on your kids?

God is telling you, “Plan ahead.”

Remember: No one plans to fail. We just fail to make a plan.

Jesus said, “Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? For if you lay the foundation and are not able to finish it, everyone who sees it will ridicule you, saying, ‘This person began to build and wasn’t able to finish.’ (Luke 14:28-30)

Today, think about the “tower” of your financial life.

God invites us to be like the ant. The Bible says, Go to the ant, sluggard; consider her ways and be wise; who, having no guide, overseer, or ruler, provides her food in the summer and gathers her food in the harvest. (Proverbs 6:6-8)

In other words?

The ant plants in the spring. So it won’t beg in the fall.

Plan To Be A Donor, Not A Donee!

Anawim is our home for the abandoned elderly. I built it some 13 years ago.

I know it’s a beautiful place. It’s so beautiful, some people tell me, “Bo, when I grow old, I dream of living there.”

No, I don’t want you to live there. That place is for the poorest of the poor. Old people who failed to plant in the spring and are now begging in the fall.

Don’t dream of being an Anawim resident. Dream of being an Anawim donor.

How?

The secret is in the next passage…

Don’t Borrow; Start Lending

Everytime I talk on finances, I ask the audience, “How many of you have debts?” The response is shocking. It was though I asked, “How many of you are human?”

Almost everyone has debts.

And Filipinos love the fact that they can borrow.

One woman told me, “I’m borrowing money from the SSS.” I asked, “Why?” She said, “Sayang if I won’t borrow.” (It would be waste.)

Huh? I don’t get it.

The Good Book says, For the LORD your God will bless you as He has promised you, and you will lend to many nations, but you will not borrow… (Deuteronomy 15:6)

Do you see what I see in that verse? It says that there are two signs that God is blessing you:

  1. When you stop borrowing.
  2. When you start lending.

Friend, stop borrowing. (Note: It’s okay to borrow for business; It’s not okay to borrow for your living expenses.)

Instead, start lending.

To whom will you lend?

99% of Filipinos “lend” to banks. How? You deposit your savings there.

But that’s not a good choice. The problem with banks is that they pay you a tiny interest of less then 1% a year.

I suggest you “lend” your money to others who can give you a higher return.

For example? Giant companies.

You can do that through the Stock Market or Mutual Funds.

If you really like banks, then don’t deposit your money in the bank itself. Instead, buy shares of the bank. Be an owner. How? Buy the stocks of Metrobank, Banco de Oro, Bank of the Philippine Islands…. Over a 20-year period, your returns will be much bigger!

The Universe Loves To Multiply

Do you want to prosper?

You need to learn these 6 important words from the Bible: Everything reproduces according to its kind.

A cat produces another cat.

A dog produces another dog.

I’ll be very worried if a cat produces a dog.

If that happens, the end of the world is near.

From my limited scientific knowledge, a cat produces another cat, a dog produces another dog, and a penguin produces another penguin. That’s just how God’s universe works.

The Bible says everything reproduces according to its kind. (Genesis 1:11) In fact, this line appears six times in the first chapter of Genesis. And you see it throughout the Bible.

When the widow of Zarapath gave Elijah her oil and flour, what did she get? More oil and flour. Not clothes. Not wood. But oil and flour.

When Jesus fed the multitudes, he did it by (Surprise, surprise) multiplying 5 loaves and 2 fish.

He didn’t turn stone into bread.

He didn’t turn stone into gold, and then bought bread.

He turned bread into more bread.

Jesus-the Son of the Living God-needed bread to reproduce more bread.

Why?

Because this is a principle that operates the entire universe.

Everything reproduces according to its kind.

If you want to prosper, you need to learn how to multiply the little money that you have.

In 1966, Mom invested her separation pay of P2000. 45 years later, that P2000 became millions of pesos. (By the way, 1966 was really a good year for Mom. Not only did she receive P2000, she also gave birth to her favorite son. Ahem.)

Learn to multiply the little money that you have and you will prosper!

My Driver Is Now Investing In The Stock Market

Let me end with one last story.

Because of my bestselling book, My Maids Invest In The Stock Market, my Maids are now the most famous Maids in the world. (Haha!) Yes, they have been investing in the Stock Market for a year now and are doing very well.

But my Driver just started two months ago.

Reason: He’s a 33-year old married guy. He has 4 little kids. His wife is a full-time mom, so the entire family depends on his salary of P12,000 a month.

That’s not all. His extended family and his wife’s extended family depend on his generosity during emergencies. Which happens every time they breathe.

In other words, his P12,000 is feeding an entire village.

So how can he save and invest with all these expenses?

I didn’t force him.

Instead, I just let him listen to the stories of my Maids.

You see, every other week, I lead a small prayer meeting with our 3 Maids and Driver. And almost every meeting, my 3 Maids share how God is blessing their Stock Market investments.

I told my Maids that if they keep on investing the way they did last year, they’ll hit their first million in 7 years. That caught his attention. Finally, he said, “Ayokong ako lang ang hindi millionairyo! Magiinvest rin ako! (I don’t want to be the only one who isn’t a millionaire. I’ll start investing too!)”

Each month, he now sets aside P3000 of his salary for his Stock Market investments. And for the first time in his life, he has hope. He knows that he too will be a millionaire one day.

Today, when a relative or a neighbor begs for money, and he has no more money in his pocket, he can honestly say-“Sorry pare, wala akong pera ngayon.” (So sorry, I have no money with me now.)

Obviously, no one asks him, “Diba, may pera ka sa Stock Market?” (But don’t you have money in the Stock Market?)

No one knows about it. (Shhhhh!)

Note: By doing this, he’s also teaching them not to be parasites anymore. (But that’s another topic altogether.)

I’m very happy for him.

He’s 33 years old now. If he invests P3000 in the Stock Market each month at 12% until he retires at the age of 60, he’ll retire with P7 Million.

But analysts have backtracked the Philippine Stock Market’s history. If 20 years ago, you invested in the top 5 companies, your average growth rate would have been 20% per year.

So if my driver’s investments grow at 20% per year (especially with my guidance), by the time he retires, my driver will have P37 Million.

At P3,000 a month!

If you retire poor, it’s not God’s fault.

God is giving you a choice today.

Will you plant in the spring or beg in the fall?

May your dreams come true,

Bo Sanchez

PS. “Bo, can I be your maid or driver? So you can tell me what stocks to buy.” People tell me that all the time. Hey, you don’t have to be my Maid or Driver! In fact, every two weeks, I tell people what companies to buy in the Stock Market. How? Through my Stocks Update Newsletter. I send my Newsletter to all my TrulyRichClub members. (Like in my last issue, I gave them the name of 6 best giant companies projected to grow the fastest this year.) To join my TrulyRichClub and start receiving my Stocks Update (plus a truckload of other life-changing material), click here now!

I encourage you to invest in your future. If you want me to help you, I’ve created the TrulyRichClub to guide its members to build their wealth. I’ll teach you how to do it. I’ll send you my Stock Updates every two weeks to tell you what Stocks to buy and sell. To know more about the TrulyRichClub, click the link below:

Yes Bo, teach me how to build my wealth. Tell me more about your TrulyRichClub.

May Your Dreams Come True

Bo Sanchez

 

PS. Take charge of your financial future. To know more about the TrulyRichClub, click the link below:

Yes Bo, teach me how to build my wealth. Tell me more about your TrulyRichClub.

Stock Market Investing Reminders (from the PSE)

Here are some stock market investing reminders from the Philippine Stock Exchange

Pick a legitimate stockbroker

Open an account only with a PSE-accredited stock brokerage company or Trading Participant. A complete list of information about all the TPs who are authorized and qualified to trade securities can be found on the PSE website ( www.pse.com.ph ).

Submit requirements to accredited stockbroker.

Submit the completed Customer Account Information Form and other required identification papers only to the stock brokerage firm or its licensed representative.

Be wary of agents’ misleading claims on returns on investments.

Report immediately agents or traders who make exaggerated, unwarranted and misleading claims related to returns on investments. Under the law, brokers are prohibited from making assurances of specific results for which there is no reasonable basis.

Be sure to transact directly with a stock brokerage firm or its licensed representative. When in doubt, you can always verify the agent or trader’s affiliation through the stock brokerage firm or request assistance from the PSE.

Pay directly to the stock brokerage firm.

In issuing check payment for any completed transaction, make it payable under the stock brokerage company’s name. Similarly, remit cash payments directly to the stock brokerage firm. Payments for stock transactions as well as other services must be covered by corresponding Official Receipts issued by the stock brokerage firm. Investors should check their securities and cash positions as indicated in the monthly statements sent by the brokerage firm and to immediately alert the stock brokerage firm if there appears to be a discrepancy.

Stock Market Investing Reminder from the PSE

stock investing poster_Final 0323

Be informed and stay updated

Know your rights as an investor, and stay updated on the latest stock market news. Do not invest or trade based on rumors, inside information and other unreliable information. Investor information is accessible through the PSE website and the PSE EDGE or from your accredited stock broker.

For more information or stock market investing, please call 819-4100 or visit www.pse.com.ph

Source:
http://www.pseacademy.com.ph/LM/investors~details/id-1459215926195/Stock_Market_Investing_Reminders.html

*2015 Implementing Rules and Regulations of the Securities Regulations Code, Rule 24.1(d) – Manipulation of Security Prices – Advertisements and Communications with the Public, False and Misleading Statements.
Deal only with licensed agents and traders.

====

You can attend the TrulyRichClub Quick Start Implementation seminar on Monday evenings at the Philippine Stock Exchange center.

You can also get have financial and spiritual abundance, and learn about the stock market by joining the TrulyRichClub.

You can watch Bo Sanchez tell you about the stock market, or download Bo Sanchez’ FREE eBook “My Maid Invests in the stock Market” here.

 

 

 

FREE Quickstart Stock Market Seminar

Clueless on How to Begin Investing in the Stock Market?

Hey, You’re In Luck* …

Join The

QUICK START IMPLEMENTATION SEMINAR

*Actually, we like saying Blessed at the TrulyRichClub.

 

I know how you feel. I felt the same way when I started. Because the Stock Market can be veeeeery intimidating.

I actually know of people who didn’t start investing in the Stock Market for an entire year—fidgeting, dillydallying—because they were so afraid of making a mistake when they opened their COLFinancial website.

Well, have no fear. The solution is here.

We are providing you with a ‘weekly’ TrulyRichClub’s QUICK START IMPLEMENTATION SEMINAR!

Join our very own TrulyRichClub’s Concierge Director Joey Tayaban and her team

Usual schedule:
Philippine International Convention Center (PICC)
Pasay City
Selected Sundays at 2pm to 5pm

Choose desired date when you register, to determine exact venue and schedule of desired event.

On that day, you’ll receive the following …

  • For those who don’t have an online Stock Market account, we’ll help you open a COLFinancial account.
  • For those who haven’t bought their first Stocks, you’ll learn how to buy and sell through the COLFinancial website. We’ll teach you how to maneuver your way through that website.
  • You’ll learn how to enjoy ALL the benefits of the TrulyRichClub
  • You’ll learn the power of investing—including strategies on how to be consistent so you can create your future millions.
  • You can meet other new members of the TrulyRichClub.
  • You can ask all the questions you want on starting your investment program

Join the QUICK START IMPLEMENTATION SEMINAR and begin your investment journey NOW!

How To Reserve A Seat

Learning investment for the QUICK START PLUS+ IMPLEMENTATION SEMINAR would usually cost thousands, but if you’re a TrulyRichClub member, it’s totally FREE!

However, you would still have to make a refundable deposit of P200 ONLY seminar fee—as a token that you’re really serious in coming. Reason for this seminar fee is for Venue reservation. We’ve had not-so-happy experiences where we had a lot of sign-ups, but only a few show-up; If we don’t charge, we won’t be able to differentiate the committed and the non-committed.

For members who come, we will reimburse your P200; Otherwise, NO REFUND.
For non-members, you pay a very small P200 ONLY non-refundable fee.

However, you need to pre-register because seats are limited.

WALK-IN / ONSITE REGISTRATION WILL NOT GUARANTEE A SEAT.
NO CHANGE OF REGISTERED DATES.

May your dreams come true.
Bo Sanchez

Bo Sanchez

Bo Sanchez invites you to join the TrulyRichClub and attend the Quick Start Implementation Seminar


Register below. Make sure you use your “best” email address. We will send you a confirmation email which you must open and read. Click on the link in the email to confirm your registration and get the seminar details

Remember, after you register, you need to open your email, and confirm.
See you at the QuickStart Seminar!

May your dreams come true!

Bobet Prudente
TrulyRich Club Advocate

Ignorance Is Not Bliss

I received our Stocks Update newsletter from my mentor, inspiration and friend Bo Sanchez today, and felt I have to share the lead article to all!  Here goes:

I received again an email from a newbie TRC member.
It read: “I’d like to cancel my membership. After three months, I don’t see anything positive happening to my investments.”

As the Leader of TRC, this ignorance is my fault. I don’t blame it on this newbie. Even IF we now give free Quick Start Seminars 6x a month. Even IF I’m like a broken record in our newsletters, telling members, “We’re longterm! Not short-term!”

So I will say it again and again and again: Nothing happens shortterm in the stock market! Nothing!

In fact, don’t expect anything positive to happen FOR AS LONG AS THREE YEARS!  (I don’t like writing in large caps, but this is an exception.)

But AFTER faithfully investing for three years, you’ll be as happy as a little kid who opens his birthday gift and discovers a brand-new shiny red bike inside. It’s going to be glorious.

Nothing happens short term in the stock market.

Nothing happens short term in the stock market. NOTHING! Don’t expect anything positive to happen for as long as THREE YEARS!

Recently, in one of our prayer meetings, a happy guy grabbed my arm and said, “Brother Bo, I hit my first million! I’m now a millionaire!” He even showed me a piece of paper — a printed copy of his stock market portfolio. He was ecstatic. He then hugged me and said, “Thank you so much.”

I live for those hugs.

This is my mission: To make you reach your first million, and then your first P5 million, and then your first P10 million.

But for crying out loud, this will not take three months!

It will take YEARS. But it will happen.

And I’ll be here, guiding you, all the way.

Happy investing!

May your dreams come true,

Bo Sanchez
P.S. I really hope to see you at our WEALTHSUMMIT 2016. If you don’t have yet a ticket in your hand, grab one now at www.TrulyRichClub.com/WealthSummit . It’s a game-changer that will make you grow your wealth
even more.

Let Bo Sanchez tell you more about the Stocks Update Newsletter and how to join the Truly Rich Club

A Crash Course in Stock Market Investing

85% of people who invest money in the stock market LOSE money.
This naturally includes most of those who do not have stock market training.

If you are willing to invest a little in stock market education, why don’t you join the TrulyRichClub for at least one month?

If you want to join the TrulyRichClub, let Bo Sanchez tell you how.
Click here to -> Join the TrulyRichClub

Stock Market investing need not be difficult and stressful. Bo Sanchez taught his household help how to invest in the stock market using a very easy, yet powerful investment strategy called the strategic averaging method.

The Maid Who Invests in the Stock Market

Meet Gina – The Maid Who Invests in the Stock Market

Once you join the TrulyRichClub, you will have access to a wealth of materials, including the following video tutorials:
Step 1: How to Operate TRC website
Step 2: How to Open a COL Financial Account
Step 3: How To Use Your COL Financial
Step 4: Buying Your First Stock

You will also have written tutorials on:
Step 1: Guide to TrulyRichClub Membership Area
Step 2: How to Open a COL Financial Account
Step 3: How to Properly Fill Out COL Financial Forms
Step 4: How to Fund your COL Financial Account
Step 5: How to Buy Stocks
Step 6: TRC SAM Guide – Table of Recommended Stocks

Plus:
How to Sell Stocks
How to Place Off-Hours Orders
How to Withdraw from COL Financial
How to Open a COL Account for Minors

For new members, there are live tutorials: TRC Quickstart Implementation Seminar happening every 1st Sunday of the month at the Meeting Room, PICC, Pasay City.

Membership for one month is only P497!
Imagine all that material, including tutorial for only P497.

If you want to join the TrulyRichClub, or learn about the 11 blessings you get as a member of the club, let’s let Bo Sanchez tell you.
Click here to -> Join the TrulyRichClub

Or if you simply want to get a free copy of the Bo Sanchez’ best selling starting in the stock market book “My Maid Invests in the Stock Market” (if Bo Sanchez’ maid can do it, you can too!)
Click here to -> Download the eBook

How Rowena Doubled Her Money In 2 Years

Why do people love Bo Sanchez?
Because he’s just like you and me. He has a family, a wife and kids. He goes to mass, plays with his kids, and works everyday.

And we love him for his gazillions of inspiring stories. Let me share with your this email I received some time ago, about Rowena’s investing experience a few years ago, when she doubled her money in two years.

Everybody loves an underdog story.

And this is an amazing underdog story.

This is about Rowena, a young woman who works as a video editor in our TV and Radio ministry. Two years ago, I challenged ALL my employees to invest in the Stock Market. Today, 90% of them are now investing-from my managers to vice presidents to messengers and janitors. (Give me 20 years and all my employees will become huge multimillionaires!)

Please read Rowena’s amazing story below…

Two years ago, I started investing P3,000 to P5,000 in the Stock Market. (It becomes P5,000 when my very generous Dad gives me money. Thank you Dad!)

But I was totally ignorant about the Stock Market. So I just followed Brother Bo’s TrulyRichClub’s instructions each month, buying the stocks he recommended through his Stocks Update eReports.

And in two years, from October 2010 to October 2012, my Dad and I put in a total of P102,000 only. But it’s shocking for me to know that my Stock Market investment now stands at P193,325. That’s 89.53% increase in two years. Or an amazing 44.77% a year!

— Rowena Mallari, Video Editor

Perhaps you’re someone who saves your money in big banks. If so, you’re earning LESS than 1% a year. To be exact, about 0.75% MINUS 20% withholding tax! It’s actually lunacy to keep your long-term investments in the bank. Yes, put your short-term money and emergency funds in the bank. But NEVER your long-term investments.

NOTE: Just to tell you how insane 44.77% is, I read the returns of the best and brightest, most sophisticated Mutual Fund Managers of BIG COMPANIES in 2011. The highest achieved was only 8.18% growth; A second mutual fund company got 8.17%; a third mutual fund company got 2.66%; and a fourth mutual fund company got 2.39% for the year. But Rowena Mallari-who doesn’t know anything about the Stock Market except what she got from my Stocks Update eReports-got 44.77% growth. Crazy but true.

Rowena doubled her money in 2 years! Of course nobody can guarantee you can double YOUR money in 2 years, but if you invest consistently, in time you will be a millionaire!

Rowena doubled her money in 2 years! Of course nobody can guarantee you can double YOUR money in 2 years, but if you invest consistently, in time you will be a millionaire!

Do You Want To Be A Multimillionaire?

You’ve Got To Start Today…

Warning: I’m not promising that Rowena will also get 44% next year or the year after. The Stock Market doesn’t work that way. It’s always like a rollercoaster ride. But here’s my point for telling you this underdog story: You can be like Rowena and become a multimillionaire in 20 years.

How? Like Rowena, join the TrulyRichClub and use my Stocks Update eReports that will guide you how to invest in the Stock Market.

To join the TrulyRichClub and start creating your millions, click the link below:

Yes Bo, It’s High Time For Me
To Start Building My Millions Now

May your dreams come true,

Bo Sanchez

PS. Don’t Delay! So many people POSTPONE investing. From experience, people who postpone never do it. But I know that you’re different. Start now. Click the link below…

Yes Bo, It’s High Time For Me To Start Building My Millions Now

1

Comments


2

Comments

Facebook Comments

How To Be Truly Rich

How to Earn 46% in a Bank in 18 Months!

Yes, you read the headline correctly. Gildo started investing his money in BPI in July 2011 and grew it by 46% in only 18 months!

This is the first of a series of four short articles, about The Adventures of Gildo, The Driver Who Invests in the Stock Market.

Who is Gildo?***

To be honest with you guys, I do not personally know Gildo. I first heard about Gildo last year when our Truly Rich Club stock market mentor told his story at the Truly Rich Club 2014 Wealth Summit. Gildo is his family’s driver. And Gildo’s story is fascinating. I love telling it to my friends and to my audience when I conduct financial seminars.

The Adventures of Gildo

You have all probably read ( or at least heard of ) Bo Sanchez’ best selling book, “My Maid Invests in the Stock Market ( And why you should too ).” The maid ( I think she was not named in the book ) became famous, because if a maid can successfully invest and grow money in the stock market, then every body can, right?

Well, our stock market mentor thought that if Bo Sanchez’ maid invests in the stock market, why not his family driver? So he suggested stock market investing to Gildo, their family driver. Our mentor told Gildo that if he invests P2,000 per month in the stock market, he will match it with P2,000 per month.

Slow Start

So Gildo placed his first investment in July 2011. He invested his money plus matching share from our mentor, and bought 200 shares of stock of BPI ( Bank of the Philippine Islands ) at P59.20 for P11,840 ( plus nominal fees).

A few months later, our mentor found out that Gildo didn’t make additional investments, so he talked to him. I think the conversation went something like this:

Our mentor: “Why aren’t you making additional investments?”
Gildo: “I am only a driver. I do not understand the stock market. I am afraid to lose money in the stock market.”
Our mentor: “Do you understand that I will match your investment? So your money immediately doubles already when you invest!”
Gildo: “Oo nga, ano?”

Introducing Money Cost Averaging

So Gildo started buying more BPI shares every month starting Oct 2011. He found that BPI shares have actually gone down to P53.50 from his original purchase price of P59.20! So he bought his next 70 shares at P53.50 at a 10% sale price, for P3,745.

Gildo used a simple money cost averaging strategy. He just kept on buying a profitable issue ( BPI ) regularly regardless of the actual price.

Gildo just kept on buying BPI

Gildo bought his next 70 shares at P53.50 at a 10% sale price, for P3,745. He used a simple money cost averaging strategy and . just kept on buying a profitable issue ( BPI ) regularly regardless of the actual price until he accumulated 1,230 shares for P81,234.

By Jan 2, 2013, he had accumulated 1,230 shares for P81,234. This means an average price of P66.04.

The next day, he sold all his 1,230 BPI shares at P96.40 for a total sale prices of P118,572! His profit for buying BPI and eventually selling all the shares was P118,572 – P81,234 = P37,338, or an amazing simple profit of 46% on original investments of P81,234. (If you do the actual math, his effective compounded annual growth rate is more like 57%)

Aren’t we supposed to just keep on buying?

In money cost averaging, aren’t we supposed to just keep on buying and keep the stocks we purchase?

Well, the idea is to keep the money invested, so it is perfectly alright to sell, but keep the money invested in the stock market and move the investment to a different issue.

Gildo sold all his BPI shares for P118,234, then bought 450 shares of MERALCO at P268.20 for P120,690, using the proceeds of the BPI sale!

Gildo earned 46% on his BPI investment!

Gildo bought 1,230 shares of BPI for P81,234, sold then for P118,234 for a 46% profit in 18 months. He then bought 450 shares of MERALCO at P268.20 for P120,690!

Why did Gildo shift his stock market investment to MERALCO?  Abangan ang susunod na kabanata and just wait for the next issue.

Related Post:

Written by Bobet Prudente

***Disclaimer: I just heard the story, so this story as I tell it, might not be entirely accurate. As with most stories being told and re-told, some details get a little mixed up, and more colorful for better story-telling.

BUT I took pictures of the screens of the powerpoint presentation, so let me assure you that the financial and instructional details are correct.


The Truly Rich Club teaches its members Direct Stock Market Investing, Made Easy!
To get a free copy of the book My Maid Invests in the Stock Market just click below:

Download the free eBook 'My Maid Invests in the Stock Market'

To know more about ColFinancial, just click below:

ColFinancial

To know more about the TrulyRich Club

“COL Financial was built on the foundation that every Filipino deserves to be Rich.”
– Edward K. Lee
Chairman and Founder, COL Financial

 

 

 

This Is A Terrible Time For The World’s Economy, But A Terrific Time For Your Personal Economy…

Everything in the Philippine stock market is on sale!

There’s a global economic telenovela, and we’re seeing it unfold right in front of our eyes on TV and in the newspapers. In times like this, those who do not understand will suffer. Those who are financially wise—like TrulyRichClub members—who will become richer because of the crisis.

For those who are new in the world of investing, this advise is invaluable.. Consistent investing with a goal using money cost averaging can slowly and surely build your wealth in the long term, but there are opportunities like what is happening now that can quickly catapult your finances and help you attain your goals much faster.

Everything on sale at the Philippine Stock Market!

Everything on sale at the Philippine Stock Market! PSIX closes at 7279 on August 20, 2015. Chart  © BigCharts.com

You can start your stock market investing journet by getting and reading Bo Sanchez’ free eBook My Maid Invests in the Stock Market or joining the TrulyRichClub.

Here’s the full text of an email from Bo Sanchez I got last July 10.

==

Stock Alert: Keep Your Cash For Now

I just came from Australia. I preached at the Grand Feasts in Sydney, Melbourne, and Brisbane. Awesome time.

But on the first day I was there, their stock market dove by 2% in the first hour of trading.

These are crazy times.

And it’s during these crazy times that I thank God that you and I are long-term investors. We can sleep amidst the storm.

Friend, there’s a global economic crisis today—and we’re seeing it unfold in front of our eyes. As always, it’s the financially ignorant who will suffer in any crisis. And those who are financially wise—like TrulyRichClub Members—who will become richer because of the crisis.

Why Is This Crisis Happening?

Yesterday, I had lunch with my Mentor in a quiet Makati restaurant, and he gave me his take on what was happening.

First, debt-ridden Greece is deciding whether to leave the European Union—and not fulfill its debts. It’s like Mr. Greece telling his EU creditors, “Sorry guys, I’m bankrupt. I can’t pay you anymore.” If Greece takes this option, they’ll tighten their belts, brace themselves for a crash, and from the ashes rebuild their country again. Without the Euro.

Right now, it’s not a pretty sight in Greece. Banks are closed. The Market the closed. Groceries are empty.

But my Mentor explained to me that the bigger problem is not Greece, but the contagion that can happen in Europe. Because other countries who have similar debt problems—Portugal, Italy, Ireland, and Spain—may also opt out of the Euro. Question: Will the European Union allow that to happen? As I write this, negotiations continue—and the world watches with baited breath.

The second source of the global crisis is China.

In the past 3 weeks, the Chinese stock market has nosedived by an unthinkable 30%. Reason: In an effort to prop up its stock market, they allowed people to borrow heavily to buy stocks on a large scale—which is a clear recipe for disaster. Note that China is the second largest economy in the world, so its crisis is reverberating across the globe.

What Should We Do?

In the face of this scenario, we recommend you keep your cash—your monthly investments

Don’t buy anything yet—until we tell you to do so.

So relax. Sit this out and keep your cash.

We’ll start buying again. Soon.

Isn’t this great personal finance advise?
These periodic letters are just some of the benefits we get by being members of the TrulyRichClub.

A few days ago, he sent us this new advise:

 

JOIN THE TRULY RICH CLUB TODAY!

Why don’t you guys give it a try? It is totally risk free, you can join and pay the fees. Download tons of material, including:

  • free eBook “My Maid Invests in the Stock Market
  • free eBook “How to Conquer Your Goliaths
  • free eBook “How to Turn Thoughts into Things
  • initial stock pick recommendations
  • audio of Bo Sanchez’ Truly Rich seminar

And if you are not satisfied, ask for a full refund within 30 days. KEEP WHATEVER YOU DOWNLOADED FOR FREE!

I joined in 2012 and it totally changed my life.

Change your life, too! Join now!

 

 

A Letter from Gina – The Maid Who Invests in the Stock Market

Who is Gina?

Yes, the title of this article is correct. Gina is The Maid Who Invests in the Stock Market, the subject of Bo Sanchez‘ best selling book.

Bo Sanchez wrote the book, because
EVERYONE OUGHT TO BE RICH!

Gina is a real person, but she is not an ordinary maid. She has been improving herself, graduated at CAP College(distance learning) and now she also does some bookkeeping for Bo Sanchez.

Gina at the Wealth Summit

Gina guested at the first TRC Wealth Summit in 2013

She was a Guest at the first TrulyRichClub Wealth Summit in 2013 and was even featured on ABS-CBN news in January 2015.

Pero pa-travel-travel na rin siya

Gina at the Great Wall

Pa-travel travel na rin siya, kasama nina Bo Sanchez

She started investing P2,000 per month in the Stock Market in February 2010
Today, her stock market portfolio is more than P826,593*

When I was invited to speak in a seminar, I was also asked if I could ask Gina to speak, so I tried to look her up and relayed the request, but she said she is shy, and instead offered to just send a letter.

The letter she wrote is very inspiring, and after reading it during the seminar, I wrote back to her and asked if I could publish her letter.

Here is her inspiring story:


Magandang umaga po sa inyong lahat!

Ako po ay si Gina.
Bunso po ako sa anim na magkakapatid.
Ako po ay taga Negros Oriental, Visayas.

Mahirap lang po ang aming pamilya.

Pagkatapos po ng high school, naisip ko pong mamasukan bilang kasambahay dito sa Manila at sa awa po ng Diyos, ako po ay napunta sa bahay ni Kuya Bo (Sanchez) noong 2003.

Tinanong po nila ako na kung gusto ko ba daw mag-aral ng College at nag-oo po ako kaagad since yun po ang pangarap ko.

Ako po ay pina-aral nila sa CAP College (Distance Learning).
Sa bahay po ako nag-aaral dala po ang mga modules ko at pupunta po sa school tuwing exams at kung may event.

Sila po ang nagbabayad ng tuitions ko at sinasahuran pa rin po ako kada buwan.
Sa hirap po ng buhay sa amin sa probinsiya, lagi po akong nag-aadvance ng sahod sa kanila para pampadala po sa amin. Nakakahiya po since sila na po nagpa-aral sa akin, may sahod pa po ako, nanghihiram pa rin po ako sa kanila.

Nakatapos po ako ng college noong 2009.

Ganun pa rin po ako sa kanila, nanghihiram pa rin po ng pera para sa pamilya ko sa probinsiya.
Wala pong natitira kada sahod.
Wala pong ipon.
Hindi ko po naisip ang pag-iipon.
Ang inisip ko lang po dati ay makapagpadala tuwing sahod.

Siguro po napansin nila Boss na laging ganun lang po ang routine ko pag may pera.
Kaya po noong February of 2010, kinausap po kaming lahat na empleyado dito sa bahay ni Kuya Bo kung papaano po kami makapag-ipon.
Kasi kung babasehan lang po namin yung same routine kada buwan, wala po kaming natitira para sa aming sarili.

Kinausap po kami about sa stock market.
Sa katayuan po namin, wala po kaming alam kung ano po ang stock market.
Basta ang gusto lang po namin ay makapag-ipon habang may tarbaho pa po kami.

So, end of February of 2010, pina-open po kami ng account sa Col Financial.
As first timer po, tuwang-tuwa po kami pag pinapakita sa amin ni Boss ang stocks namin sa COL.
Kaya na-eencourage po kami na magdedeposit tuwing may sahod.
Sa awa po ng Diyos, hanggang ngayon kami po ay nag-iinvest sa stock market at kumikita po ang pera namin.

Ang lagi pong sinasabi sa amin ni Kuya Bo, na kahit gaano kaliit ang sahod ng isang tao basta may disiplina sa paghawak ng pera at hindi maluho sa buhay, makakapag-ipon din.
Kung malaki naman daw po ang sahod tapos wala naman pong disiplina sa pera at maluho sa buhay, mahirap din pong makapag-ipon.

Maliit man or malaki daw po ang sahod basta marunong imanage ang pera, lahat po tayo ay may chance na makapag-ipon para sa pagdating po ng panahon, may makukuha po tayo.

Wala po iyan sa posisyon sa tarbaho, nasa atin po iyan kung determinado po ba tayong makapag-ipon at may makukuha pag tayo ay matanda na.

Ngayon, meron na po akong P800,000+ ** sa Stock Market.

The Maid Who Invests in the Stock Market

Meet Gina – The Maid Who Invests in the Stock Market. Get a free copy of the book at the TrulyRichClub site

Nagawa po namin bilang kasambay at driver ni Kuya Bo.
Sana kayo din po ay mabigyan ng chance na magawa din po ang nagawa namin.

Maraming salamat po sa inyong lahat.

Gina in Disneyland

Gina in Disneyland

Gina

We hope this letter from Gina will inspire everybody to start saving and investing. If you want to get a copy of the book go to the TrulyRichClub site
Create Wealth for your Old Age!

Do you want to create wealth in your old age? Let Bo Sanchez teach you how to invest in the stock market. It does not matter how much you make, you don’t have to grow old and poor. You can grow old and rich. It’s really very simple.

To watch this 11-minute video, click here

** According to Bo Sanchez last July 2016, Gina’s portfolio inched above the P1 million mark!

Create Wealth for your Old Age!

(A Letter by Bo Sanchez to members of the TrulyRichClub)

Today, I’d like to talk about Income vs. Wealth.

But before that, let me answer this question: Why talk about money?

Because we want every area of our life-even our finances-to be placed under the Lordship of Jesus. We don’t want money to be our master. We want to be the master of our money-and turn it over to God’s purpose.

There are some Christians who don’t want to talk about money, so they run away from it. But when they do, their master becomes the lack of money.

That’s not want we want. We want to learn how money works so that we can use more of it to serve God.

Let me start talking about a special ministry that’s very close to my heart because I started it many years ago: Anawim.

If It Happened To Them, It Can Happen To You Too

Anawim is our home for the abandoned elderly-poor, old people we pick up from the streets. Throughout the years, hundreds of old people have been housed and fed and loved in our special home. After a few years of staying with us, they go home to God. Anawim is like a special departure airport to Heaven. Without Anawim, they would be dying in the streets.

But here’s a surprising fact: They weren’t always poor.

At one point in their lives, all of them were earning good money. If you talk to them, you discover that some Lolas and Lolos were Government Employees. Some were Teachers. One was the Principal of a school. One was a Dentist. Yes, some were maids and laundry women. So you might say they were always poor. But I refuse to accept that. Because for more than 30 to 40 years, they were sending money each month to their nephews and nieces back home. (Nephews and nieces who abandoned them in their old age!)

But one day, they found themselves wandering in the streets without clothes, food, or shelter.

Here’s my point: Are you earning today? Then what happened to them can happen to you. Unless you decide to build your wealth for your old age.

Let me teach how the 3 important steps to build your wealth for your old age…

The Only Way To Build Wealth Over Time

People tell me, “Bo, Anawim is so beautiful. Please reserve a spot for me there.”

I answer, “I don’t want you to be our burden. I want you to be our blessing. I don’t want you to dwell in Anawim. I want you to donate to Anawim. In your old age, I want you to write checks to me-because you have surplus. To do that, there are three important things that you need to do to build your wealth for your old age.

  1. Receive (Regular Income)
  2. Retain (Simple Lifestyle)
  3. Reproduce (Financial Literacy)”

1. Receive (Regular Income)

If you want to become rich in your old age, the first requirement is to receive a regular income today.

Here’s the shocker: To build wealth in your old age, you don’t need super income, you just need steady income.

A lot of people think that income and wealth are the same. They’re not. A big income doesn’t equal big wealth.

Let me tell you about Jack (not his real name). When I met him, he was President of a huge company and earning much more than P500,000 a month.

His income was big. But so was his lifestyle. Jack drove luxury cars and travelled around the world. Always first-class. He had a mansion in a plush subdivision. Everyone around him knew he was wealthy. But they were wrong.

Because throughout his working life, the most he saved was one million pesos. (That may be big for you and me, but to him, one million will last two months.) Why didn’t he save? Because he was banking on his fat retirement pay. Reason: He worked in that company for 20 years.

True enough, when he retired, Jack received P10 Million.

But he never changed his lifestyle. After only 2 to 3 years, he woke up one day with all his money gone. Soon, he sold his cars. Soon, he was asking money from his children.

What happened?

He did Step 1. He received an income.

But he never did Step 2 or 3.

Start Building Your Retirement Fund Now!

You’ve got to start building your retirement fund now. Not tomorrow, not next week, not next year, BUT NOW! – Bo Sanchez

2. Retain (Simple Lifestyle)

People say money can’t buy you happiness. I agree.

But face it, happiness requires a minimum level of money. I don’t live in Lala-land. We’re human beings with physical bodies that need stuff to survive and be happy.

But the other side of the coin must be pointed out as well. After we reach our “Happiness Point”, more stuff won’t make us happier.

When it comes to possessions, I’ve reached my “happiness point” a long time ago. Any more possessions won’t make me happier. In fact, I believe the opposite happens: After reaching my happiness point, more possessions will lessen my happiness. (See graph below.)

Where Is Your Happiness Point?

Why does this happen? Because more possessions will mean more clutter, more stress, more worry, more envy, more costs, more taxes, more insurance…

Jack, the former company President, spent all his income. Like many people, he was enslaved by the hypnosis of materialism.

To avoid the hypnosis of materialism, don’t swallow the world’s definition of “Rich.” You need to define what it means to live a “Rich” life.

Let me give you an example…

Are You Sure You Want A Mansion?

Everyone thinks that to be rich means you own a mansion.

Here’s my guess: For most of you, owning a mansion will make you less happy, not more.

I believe owning a bigger house will give you bigger headaches. Bigger maintenance. Even bigger homeowners association dues.

My friend stays in a plush home. I was shocked to learn how much his homeowners’ association dues are: Each month, he pays P24,000.

I live in a small, quiet, third-class subdivision where neighbors are friendly and shirtless kids play on the streets. Where 90% of my neighbors drive secondhand cars. My homeowners’ association dues? (Drumroll please…) P120 a month.

Let’s do the math: If my friend lived in my subdivision, he would save P23,880 each month. If he invested (not traded!) that amount in the Stock Market for 30 years at 12% growth, he’d have P77 Million. Wow.

Today, I can afford a bigger house. But I refuse to have one. Because we’re very happy with my small house. It’s small enough to know where my kids are. It’s small enough that we bump into each other a lot. If I don’t know where they are, I can just holler “Benedict!” and “Francis!” and they’ll come.

How Much Is Your Electric Bill?

I’m very proud of our electric bill. I only pay P3000 a month.

I know that electric bill isn’t the electric bill of a multi-millionaire. (Ahem). But perhaps that’s why I’m a multi-millionaire.

I have an air-conditioner in our living room. But I only switch it on when there are guests. That’s why my kids love guests.

The kids have an air-conditioner in their bedroom. But because they like staying with us, we only use the one in the master’s bedroom.

My friend has less money than me (I know because I’m his financial consultant) but his electric bill is P18,000 a month.

The difference between P18,000 and P3,000 is P15,000.

If he lowers his electric consumption to my level, that’s P15,000 that he can invest (I repeat: not trading!) in the Stock Market each month. In 30 years, at 12% interest growth per year, that P15,000 a month will become P45 Million.

What Kind Of Car Do You Drive?

A few weeks ago, I was driving my car. And my wife was beside me. While driving, I reached out and held her hand. That was when it hit me. I told her, “Sweets, my long-time dream has come true!”

“What dream?” she asked me.

“Remember? Before we got married? When you were still courting me? (Slap.) Er, I mean, when I was till courting you? I’d drive you home. And I wanted to hold your hand. But I couldn’t, because I was driving a manual car. I had to keep on shifting gears. So I told you, ‘One of these days, I’ll be driving an automatic car. So that I could hold your hand all the way home.'”

Come to think of it, I think that was the line that clinched the deal. I won her heart from that day on.

At that time, I was driving a car that was given to me. I couldn’t afford to buy any car, much less an automatic car.

But that was also when I became an entrepreneur. And I began to earn more. Slowly, my income increased. But here’s how I became rich: For 10 years, my lifestyle didn’t change. I was still spending money as though I was earning 1/10th of my income.

Finally, I bought my first automatic car just last year-after 13years of our marriage.

I could have bought my car many years ago, when I became a millionaire. (I still remember that day. I was 34 years old. I told my wife, “Kiss me, quick.” After she kissed me, I said, “You just kissed a millionaire.”)

Delaying gratification works. It gave me time to grow my investments over time.

Does Your Pail Have A Hole?

Building wealth is like collecting water in a pail.

If there’s a hole in the pail, the water will just drip out-and you won’t be able to collect any water.

That hole represents materialism.

What do you need to do? Plug the hole. And the only plug that can cover that hole is simplicity. If you don’t live simply, money will keep going out of the hole.

But alas, even simplicity isn’t enough. Plugging the hole in your pail isn’t enough. You need to constantly put new water into your pail…

For that, you need the third element…

3. Reproduce (Financial Literacy)

Retaining your money isn’t enough.

Why was Abraham wealthy? He didn’t only retain, he reproduced. The Bible says, Abram had become very wealthy in livestock and in silver and gold. (Genesis 13:2) At his time, wealth was measured by the heads of cattle, sheep, and goats that you had.

Here was their rule to wealth: If you wanted to become rich, don’t eat or sell all your animals. You have to keep some of them to reproduce after it’s own kind. The more animals you reproduce, the richer you become.

One sheep can give birth to one to three lambs every year. That’s a growth rate of 100% to 300% a year.

The secret of wealth is to keep your wealth reproducing after its own kind.

Where Do You Invest Your Money?

I’m not asking you to buy cattle, sheep, and goats. Times are different today. There are only three places to invest your money: Paper Assets, Business, and Real Estate. (Note: Paper Assets mean the Stock Market and Bonds.)

Not everyone can start a business or buy an income-generating property now. (In time, yes, through financial education.) But I believe you can invest in Paper Assets now. Out of the three kinds of investments, it’s the easiest investment to make in your life.

Specifically, if it’s a long-term investment, I encourage you to invest in the Stock Market. I don’t believe that you should trade. That’s dangerous. I’m talking about putting 20% of your salary each month in giant companies for years-disregarding the ups and downs of the market. If you follow this simple system, the Stock Market is the best, safest, and most effective way to build your wealth in your old age. (I teach this powerful system of investing. Click here to find out how!)

I know that’s a controversial statement, but suspend your doubts and hear me out first.

Your Money In The Bank Is Shrinking

One day, after teaching people how to invest in the Stock Market, one man came up to me and said, “Bo, is the Stock Market really safe? I’m scared to put my money there. I feel safer in the bank.”

I told him, “Putting your money in the bank is a risk too.” I explained to him that there are two risks: (1) Loss of Capital and (2) Loss of Value.

We’re more familiar with Loss of Capital. When you put your money in the Stock Market-and the company crashes-you’ve lost your capital. (Note: I must tell you that if you follow my system of investing in the Stock Market, the risk is dramatically minimized. For example, if you buy Stocks of giant companies only, such as Shoemart or Ayala or BPI, do you think these giant companies will collapse in the next 10 years? click here to know more)

The second risk we’re not very familiar with is Loss of Value. And that’s what happens when people put their “long-term” savings in the bank. (I believe banks are there for our “emergency funds” only.) People don’t understand that though their money looks the same in the bankbook, it actually shrinks through the years.

When I was baptized as a baby, my parents threw a party in a restaurant. Friends and relatives were invited. Do you know how much my parents spent for that party? I know. I still have the receipt. Mom stuck it in my baby photo album. My parents spent 32 Pesos.

That was years ago, when money was money. That’s what I mean by Loss of Value. In the same way, if you keep your money in the bank, it’ll shrink over time.

Instead Of Borrowing, Lend!

Here’s what the Bible says:

The LORD will open the heavens, the storehouse of his bounty, to send rain on your land in season and to bless all the work of your hands. You will lend to many nations but will borrow from none. (Deuteronomy 28:12)

Yes, God wants to pour bounty into your life.

And God doesn’t want you to borrow. So stop borrowing. The Bible says, the borrower is the slave of the lender. They say slavery was abolished 200 years ago. That’s not true. There are many slaves today of credit card companies.

Instead of borrowing, God wants you to lend. Can I give you another word for “lender”? Investor.

Don’t lend to any Tom, Dick, and Harry. Unfortunately, many people will run away with your money and never repay you. I believe He wants you to investyour money to giant businesses that will repay you with interest.

Filipinos Need To Learn How To Invest

Some friends were inviting me to give a financial seminar to their large Christian community. So I offered to give them my seminar, How To Make Millions In The Stock Market. But the leaders of that community politely declined.

I don’t blame them. We’ve been brainwashed. We were taught that the Stock Market was dangerous, and the bank was the main way to save money.

But in the US, 70% of the population invests in the Stock Market. In the Philippines? Less than 1% invests in the Stock Market.

But I believe a day will come when this entire thinking of our country will change.

Two Ways To Get Into The Stock Market

You can invest in the Stock Market directly and indirectly.

“Directly” means you open an account yourself and buy the companies you want. You can do this through an online broker, such as our preferred online broker, Citiseconline. (I’m not an employee of Citiseconline. I recommend them for two reasons. First, because they’re the biggest and best online broker in the country. Second, because I know the owners of the company and they have the same vision as we have-giving an equal opportunity for everyone, rich or poor, to build their wealth.)

“Indirectly” means you invest in a Mutual Fund company. You can invest every month and they’ll manage your investment for you, for a management fee,of course. (If you use the indirect route, I suggest you invest in an “Equity Fund”, not their “Balanced Fund” or “Bond Fund”-if you’re investing for the long-term anyway.)

By the way, I’m not the only resource for your financial education. You don’t have to attend my seminars or read my books. There are many other seminars and books out there. Find them and learn. This is about your future-so be serious in learning about it!

Do You Want To Grow Poor Or Grow Rich?

The statistics are appalling. Why do 20% of people in the world own 80% of the world’s wealth?

Answer: The magic of Compound Interest.

If the Stock Market will perform the way it performed in the last 20 years, P2000 a month over the next 20 years will make you P5.3 Million. If you put P5000 a month, you’ll have P13.4 Million.

Because of the magic of Compound Interest, anyone with a regular income + a simple lifestyle + financial literacy can be rich.

It’s now your turn.

My very strong recommendation? Invest 20% of your salary each month in the Stock Market. And build your wealth for your old age over time.

Let me end with God’s promise for you…

God Will Bless Your Storehouse

In Deuteronomy 28:8, it says, “The Lord will command the blessing upon you in your storehouse…”

Remember what happened to Joseph in Egypt? God asked him to build a storehouse during the 7 years of plenty-so that Egypt would have food for the next 7 years of famine.

God blessed that storehouse and Egypt prospered.

Question: How can God bless your storehouse if you don’t have one?

Today, I have a storehouse. My storehouse is my long-term investments in the Stock Market.

It’s now your turn.

Build your storehouse so that God has something to bless!

May your dreams come true,

Bo Sanchez

PS. Do you want to create wealth in your old age? Watch this 11-minute video by clicking here. You don’t have to grow old and poor. You can grow old and rich. It’s really very simple.

To watch this 11-minute video, just click here.q .

.