Tag Archives: trulyrichclub

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

The TRC Caravan is Coming to You!

Many new members of Join the TrulyRichClub begin a little confused, not knowing how to start investing. But as always, the TrulyRichClub has a solution for you. Presenting…. the TRC Caravan!

But let’s let Bo Sanchez explain it in more detail…


Lost At How To Begin Your Investment In The Stock Market?

Hey, You’re In Luck*… The TRC CARAVAN is coming to you!
*Actually, we like saying Blessed at the TrulyRichClub.
Feel lost? Don’t know what to do? Confused?

You’re normal.

Believe me, I know how someone can feel scared about the Stock Market. 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 bringing the TRC CARAVAN to where you are! That’s how committed I and my team are in helping you grow your finances.

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 a 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

Meet The Speakers During the TRC Caravan

Marco Victoria, Serial Entrepreneur

Marco Victoria is a 28-year old serial-entrepreneur business genius with 18 businesses. Every month, Marco feeds 500 street kids through He Cares Foundation.

Marco Victoria is a business genius. At 28, he has 18 running businesses which include a pre-school, and a lot more. Marco is also an entrepreneur with a heart. Every month, he feeds 500 street kids through He Cares Foundation. He is often invited to give talks on entrepreneurship and he is the entrepreneur behind the business blog businessdaddy.ph.

Mayi Aguila-Lubaton, Millionaire Missionary

Mayi Aguila-Lubaton is a Millionaire Missionary who believes that wealth starts with the mind and that we should feed our minds first, then the heart and hands will follow.

Mayi Aguila-Lubaton is a Millionaire Missionary who encourages individuals to start investing (specifically in the stock market) and achieve their financial goals. She is currently the Accounts Supervisor of COL Financial Investor Center – Makati. She is a Certified Securities Representative (licensed to sell stocks) and a Certified Investment Solicitor (licensed to sell mutual funds). Every week, she gives talks on how to start investing in the stock market. Mayi believes that wealth starts with the mind and that we should feed our minds first, then the heart and hands will follow.

 Laurent Dionisio, CPA, RFP, Personal Finance Blogger and Internet Marketer.

Laurent Dionisio, of PinoyFinancialPlanning.com is a on a mission to spread and teach Internet marketing and financial literacy to the Filipino people.

Laurent Dionisio is a on a mission to spread and teach Internet marketing and financial literacy to the Filipino people.

A Certified Public Accountant, Registered Financial Planner, Personal Finance Blogger and Internet Marketer. He is enriching his experiences and education through attending seminars, conferences and reading books and everything about personal finance and internet marketing.


Want to know more?

Yup! I want to read more about the TRC Caravan

Wealth Summit 2016

God Is Raising Up Millionaire Makers In This Generation…
Will You Say YES?

Learn How To Increase Your Income,
Grow Your Investments, Build Your Businesses
So You Can Share Abundance To Others.
Come And Join TrulyRichClub’s

WEALTH SUMMIT 2016:
Millionaire Makers
Prosper Yourself, Prosper Others

March 4 & 5 (Plus Post-Summit Mentoring Day on March 6), 2016

These Could Be The Most Powerful 3 Days Of Your Life
Meet the Best Business and Investment Mentors In The Country
Get Into Our Biggest, Content-Rich, Wisdom-Filled, Energizing Financial Event Of The Year!

Truly Rich Club Wealth Summit 2016

WEALTH SUMMIT 2016:
Millionaire Makers
Prosper Yourself, Prosper Others
March 4 & 5 (Plus Post-Summit Mentoring Day on March 6)

Meet the Success Mentors At the TrulyRichClub’s WEALTHSUMMIT2016
Meet the Speakers who will Help You Say YES To Your Divine Calling as Millionaire Makers:

Yes, tell me more about the Wealth Summit 2016!

Christine Bersola-Babao – TV & Radio Host
Be inspired by this tireless “Mompreneur”. Learn how she saves, invests, and manages her many small businesses. (Learn from her mistakes too.)

Edric Mendoza– TV Lead Host – On The Money
Edric is an edu-preneur (education entrepreneur). He champions a revolutionary form of education called Homeschooling, running various businesses and organisations around the same. As a Registered Financial Planner (RFP), he also champions personal finance education through keynote messages and the leading personal finance TV show in the country, “On The Money”, which airs daily on the ABS-CBN News Channel (ANC). As a result of these education initiatives, he desires to change the world, one family at a time.

At WEALTHSUMMIT2016, Edric will share the most important lessons he learned from interviewing the 1000 top financial gurus in the country. Get your pen and notes ready!

Chinkee Tan – Financial Author/Speaker
Chinkee is a Millionaire Maker. He was born and raised in Tondo. As a kid, he witnessed his father’s business failure, which created in him a resolve to succeed on his own. At 12, he was already running his own video rental shop.

His father taught him hard work while his mother taught him how to save. His mother taught him, It is not how much money you make but how much money you save.” For 14 years, he was in direct sales and network marketing. He helped coach over 50 people to make their first million. Chinkee is a bestselling author of 5 books and broadcasts his message through his own Radio and TV programs.

Chinkee is a highly in-demand speaker, invited by top 1000 corporations around the country and the world.

RJ Ledesma – Mercato Centrale
RJ is co-founder of Mercato Centrale, one of the most successful weekend food markets held in various parts of the city. Mercato is also business incubator that has helped launched many food businesses: Manang’s Chicken, Mochiko, Merry Moo, Spring by Ha-Yuan, Chuck’s Grubberie, and Kristina’s Inutak, among other.

RJ wears many other hats: He’s a bestselling author, TV host, speaker, and executive vice president of Ledesco Development Corporation. He also won the Best Emcee at the 2012 Aliw Awards.

Most of all, a doting father to his 3 children and husband to Vanessa.

Rosalind Wee – Marine Resources Development Corporation
Many years ago, Rosalind was a simple teacher, teaching in a classroom in the faraway island of Jolo in Mindanao. Fast forward today, she is the owner of many high-end corporate buildings in BGC (Bonifacio Global City), one of the most expensive real estate areas in the country. How did she do it? How did a lowly teacher amass this wealth? Be inspired as you listen to her amazing story of success. You’ll be filled with resolve that anything is possible to those who believe, pray, and work.

She established the Marine Resources Development Corporation, a seaweed and food formulation company that supplies processed food and ice cream to various major enterprises. She is also the owner of the First Marcel Properties, Incl. and Land Holding, Inc.

She was awarded Woman of the Year in 2009 by Pearl S. Buck International, joining the ranks of Laura Bush (2008), Hilary Clinton (1999), Aung San Suu Kyi (1997), Corazon Aquino (1995)

But more than her businesses, Rosalinda’s passion is her untiring work as a philanthropist. She is the president of Pearl S. Buck Foundation, Director of Red Cross Philippines, and Director of Shepherds Voice Radio & TV Foundation.

Mon Abrea – Tax Whiz
He is the most exciting and engaging speaker on Tax in the country today. You wouldn’t want to miss his talk! If you’re an entrepreneur or will become one, you’ll have to face taxes and deal with them. It’s unavoidable. Let Mon Abrea teach you how to do it. Mon is a former BIR examiner, and he now empowers fast-growing micro, small, and medium enterprises. He is the Strategic Chief Officer of the premier organization that offers game-changing tax-strategies for SME’s to hit their bottom line while helping them enjoy a tax-free lifestyle.
PLUS Our Very Own TrulyRichClub Mentors:

Bo Sanchez – TrulyRichClub
Edward Lee – ColFinancial
Dean Pax Lapid – AIM
Rex Mendoza – Rampver
Larry Gamboa – ThinkRichPinoy
Randy Manaloto – Citidorms
Ronnie Siasoyco – Trion
Junie Torreja – Toreja Corp.
Noel Arandilla – International Marketing Group
Joen delas Peñas – International Marketing Group

PLUS Many, Many More!

Learn more at TrulyRichClub WealthSummit 

 

Create Your Wealth Mindset

Let me share with you an email from my mentor, inspiration and friend Bo Sanchez. For many years, I invested in the stock market with modest success, but it was soooooooo difficult and stressful. Bo Sanchez taught me a very simple, powerful and stress-free way to invest in the stock market.

Bo Sanchez also taught me how to have a TrulyRich mindset, and how to win in all areas of my life. Here’s Bo:

Bo Sanchez preaches the Abundance Mindset

Bo Sanchez preaches the Abundance Mindset


Create Your Wealth Mindset

A great pleasure in life is doing what people say you cannot do.
Tommy John

I’ve been teaching financial topics for the past 17 years now.

And here’s what I’ve learned: A wealth mindset is more important than financial literacy.

I could teach you investing and business, but if you have a poverty mindset, nothing will work. Believe me.

You can know everything you need to know about investments, entrepreneurship, and real estate. But if you have a poverty mindset, all that you know won’t make you wealthy.

That’s why I emphasize having a wealth mindset so much.

That’s why throughout this book, I’ll be teaching wealth mindset and financial literacy at the same time.

Work On Your Subconscious Mind

I remember the first time I drove an automatic car.

I was with a lady friend who owned an automatic car and I gallantly volunteered to drive it for her—even if I knew that I have never driven an automatic car before.

But she said yes and gave me the keys.

When I sat on the drivers seat, I put on my seatbelt, and put the shift stick to “drive”. I smiled at my friend and pressed on the gas pedal.

Vrrooooom!

The car made a lot of noise but we weren’t moving.

My friend laughed at me.

I said, “Why are we not moving?”

She said, “Because your other foot is stepping on the brakes!”

I thought it was the clutch.

I released it and we began moving.

When you have financial knowledge but don’t have a wealth mindset, it’s like you’re pressing on both the gas pedal and the brake pedal at the same time.

In your conscious mind, you may be saying, “I want to be rich!”

But in your subconscious mind, you may be saying, “No! I’m afraid to be rich! I’ll lose my happiness!”

In this book, I’m going to help you train your mind to think in a different way.

Here are 4 objections that you need to clear away from your mind.

Objection #1:

“It’s My Fate To Be Poor.”

“Bo, you’re wrong. Poverty is a matter of fate…”

He came up to me right after I gave a talk on financial literacy. The man spoke to me with the gravity of a Supreme Court Justice, it scared me.

“Why do you say that, sir?” I asked.

“Because there are people who are born poor,” the man said, “And there are people who are born rich. That’s destiny. That’s the will of God.”

I winced. How could I tell him that I’ve been working for years (no, decades) with the poor—and this was the exact kind of distorted thinking that has trapped a lot of people in poverty. “God made me poor,” is an invisible placard written in the foreheads of many poor people I’ve met.

I told him, “To be born rich or poor is not a choice, that’s true. But to become rich or poor—that’s a choice that God leaves up to us.

He looked at me as though I spoke in Swahili.

I wanted to explain myself but he wanted to ask me a very disturbing question.

Objection #2:

Why desire more? I’m happy where I am.

He asked, “Bo, why are you teaching us to become rich?

His tone of voice was sharp. Like he was asking me, “Why are you teaching us to murder people, burn their bodies, and eat their liver?

He continued, “If you’re really a Christian, you should teach us to be content with where we are. Bo, aren’t you content with where you are?

I laughed. “Oh, I’m very content.

I never told this to him, but I’d like to tell you: Right now, if I choose to, I can stop working and live on the interest of my investments. I’ll be very comfortable. With the interest I’ll earn from my investments, I can maintain my lifestyle.

And yes, I can still bring out my wife for our weekly romantic dates.

And I can still bring my kids for our twice-a-year vacations.

But if I stop working and live on my interest, a few things will have to change.

Today, I send a number of poor children to school. That has to stop.

Today, I finance lay missionaries. That has to stop.

Today, I provide capital for livelihood projects for the poor. That has to stop.

Today, I finance my new ministry projects in its trial period. That has to stop.

This is the reason why I’ve chosen to grow, to expand, to increase, and to become richer because I want to bless the world more.

That’s why I work very hard today!

Here’s what I learned: To be content and to want to grow can co-exist in your heart. That can only happen when love rules your heart.

Objection #3:

I Might Do Something Against God’s Will

Some people say, “I just want to do God’s will.

You can say that in a right and wrong way.

Wrong way: When you’re immobilized by your fear—specifically, a fear of failure.

Friends, here’s what I believe: God gives you life like an empty canvas.

And he says, “Here’s a paint brush. Here’s a palate, and here’s 24 colors. Paint something so beautiful.

Ah, Lord, what do you want me to paint?

It’s up to you,” He says.

Lord, please tell me what to paint. At least, tell me if I should draw bowl of fruit, a sunset scene perhaps, or group of children playing…

It’s up to you. What do you want to paint?

Lord, what style? Classic? Realistic? Abstract?

It’s up to you, child. What style do you want to use?

Lord, should I use red or blue or white or pink?

It’s up to you, child. What color do you like to paint?

I know of some people who were aggressive businessmen before becoming religious. But after they became religious, they became cowardly. They lost their willingness to try new things out. They kept telling me, “I want to make sure it’s God’s will.” Soon, their businesses became smaller.

What a pity.

I don’t believe God is in micromanaging our lives.

If that was His plan, He should have made us robots.

And He shouldn’t have given us a phenomenal brain that can create and imagine new worlds.

Here’s my belief: God’s way is narrow between choices between good and bad. But God’s way is very wide when it comes to choices between good and good. He opens up life to you like a white canvas and says, “Make your life the best life possible. Create something incredibly beautiful.

To know more about the Truly Rich Club: GOLD Membership click the link: click here

Objection #4:

If I become rich, I’ll lose my friends.

Yes, you will.

When I grew my wealth, I’ve actually lost some “fans”.

They wrote to me, “I don’t like you anymore because you earn too much money.

Huh? What’s wrong with earning too much money?

First of all, I’m not a priest. I’ve got two growing boys that eat a lot of pancakes.

Someone else wrote to me and said, “People are saying that you’ve changed. That you’re not humble anymore. Because you’ve gotten rich.

Yes, I’m different. I’ve grown. I’m more loving. And I’m happier!

Let me tell you why you lose some friends.

One day, there was a fisherman selling three pails of live crabs.

American crabs, German crabs, and Filipino crabs.

A buyer comes along and notices that two pails were covered and one wasn’t.

Why are only two pails covered and the other not covered?” he asked.

The fisherman said, “I don’t have to cover that pail. Because those are the Filipino crabs. If a crab tries to go up, the other crabs will pull him down.

People aren’t happy for the success of others.

They feel threatened. “Why is he succeeding and I’m not?

When a neighbor has a new car, what do the other neighbors say, “He’s probably a smuggler.

When people see a girl driving a BMW, what do they say? “I wonder who’s her Sugar Daddy?

Let me warn you: If you think badly of the success of others, you won’t be successful. Because you’ll also be thinking badly of your own success, you’ll pull yourself down too!

Important: If there’s envy in your heart for other people’s success, you’ll never receive success too.

You need to wish blessing to others.

Train yourself to celebrate the success of others.

If you see someone getting wealthy, be happy for that person.

Admire him. Learn from him.

Now, it’s time to determine what you really want—financially.

May your dreams come true,

Bo Sanchez


The TrulyRichClub immediately gave me 11 blessings, and I continually get inspiring talks, wealth strategies/entrepreneurship newsletters and stock market advise. Joining the Club is one of the best, life-changing decisions I ever made.

I wholeheartedly recommend you Join the Truly Rich Club too!

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!

 

 

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 .

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How A College Dropout Became A Mega-Millionaire!

By Bo Sanchez

“I don’t come from a rich family,” Edward said.

I blinked hard. “For a moment there, I thought you were related to the Taipans. Sorry to say this, but you look rich.”

“Not at all,” he said, “My parents are very simple people. My mother was a school teacher and my father was an ordinary door-to-door salesman. That’s why I believe that anyone can succeed in life.”

That day, I was having lunch with the Chairman of the Board of a few mega-companies. (I never knew that this was going to be the first of many, many lunches with Mr. Edward Lee. He has now become one of my best business and life mentors.)

“I was a bad student too,” Edward said.

“No Harvard under your belt?” I asked.

“Bo, I was a failing student all my life! People called me dumb. In fact, I never finished college.”

No college degree?

At that moment, a nice waiter came to our table.

Suddenly, it occurred to me that the young chap serving my dish probably had a college degree! (We were eating in a really expensive restaurant.)

And here I was, seated in front of a man who had no college degree, yet was now a billionaire.

Why? What happened?

I couldn’t wait to find out…

One of the Secret Ingredients of Success

“Do you know how bad a student I was, Bo?”

“Really bad?” I asked.

“In Grade School, I was an overweight kid who always slept at the back of the class,” he said. “Because my mother was a teacher in that same school, she would silently enter the room and wake me up. Being stout, I’d sweat a lot. She’d pull me out of the classroom, wipe my back, and change my shirt. She’d then tell me to return to class. And yes, I’d go back, sit on my chair, and sleep again.”

We both laughed. “You loved sleeping.”

How A College Dropout Became A Mega-Millionaire! - An interview by Bo Sanchez

How A College Dropout Became A Mega-Millionaire! – An interview by Bo Sanchez

“I was so lazy. And I just didn’t like school. That’s why I failed most of my subjects. All the way to High School. The only reason why I never repeated a year was because of my mother. As I told you, she was a teacher in the school.”

“Must have been very difficult for your parents.”

“I gave them hell. I caused them so much heartache. They’d cry and cry and cry in front of me, saying, ‘Edward, we know you’re not dumb!'”

“They never condemned you,” I said.

“Never. Not once did they say, ‘You’re stupid,’ or ‘You’re hopeless.’ Instead, all I saw were their tears and their unconditional love for me.”

“Wow.”

Edward continued. “So if you ask me today, ‘What was the most important ingredient for your success?’ I would have to answer, “I am who I am today because of the unconditional love of my parents.”

“Beautiful. And did you at least try to go to college?”

“Yes. My parents insisted. But I failed there too. I cut classes and played bowling instead. By age 20, I dropped out.”

“And then what happened?”

“That was when I started investing in the stock market.”

“Huh?”

God Moves His Hand

“One day, while playing bowling, I met another bowler. I was shocked to learn that he was one of my college professors! As the days went by, we became fast friends. And he was the one who taught me how to invest in the stock market.”

“So that’s what happened. You were 18?”

“Yes. On that day, I believe that God intervened in my life.”

“Wow.”

“By the way, after 36 years, that professor is still my friend today. He now sits in the Board of Directors in one of my companies.”

“Fantastic. And you never left the Stock Market ever since?”

“Been there for 36 years. That’s how I created my wealth, Bo.”

“Edward, here’s my big question for you. Can anyone create his wealth in the Stock Market?”

“If you can save P5000 a month, yes you can.”

“P5000 a month?”

“That’s right.”

I frowned, “But Edward, isn’t the Stock Market dangerous?” (At that point, I have not yet gotten into the Stock Market.) “So many people say that they lost a lot of money in the Stock Market. I know some who curse the day they got into it.”

Are You An Investor or Trader?

Edward chuckled. “Bo, there are two kinds of people who get into the Stock Market. There’s what you call Investors and there’s what you call Traders. Investors hold their stock positions longer with the view the company’s growth will eventually carry the price. Traders take a short-term view trying to make the most out of market swings. Trading therefore is much more difficult and more prone to risk…”

“We shouldn’t trade then?” I asked.

“Don’t get me wrong,” he said. “If you know how to trade, you’ll earn much more. And yes, I can teach you to be a good Trader. But it requires time and experience to be a good one. But because you don’t have time…”

“Hmm, you know my schedule!” I laughed.

“Because you’re always busy preaching and doing your ministry, I’d rather that you be an Investor. It’s a no-brainer. I believe anyone can be an Investor in the Stock Market. And you’ll earn millions over time.”

“So when you’re an Investor, you don’t sell?”

“You do sell, but only after ten or twenty years.”

“And my P5000 a month will grow substantially and possibly make me a millionaire someday?”

“Over time,” he smiled.

I was dumbfounded. “You seem so sure, Edward. Doesn’t the Stock Market go into dips, crashes, and recessions? Won’t I lose my money when these happens?”

“It is possible for your investment to lose some value temporarily, but if you hold and ride the lows out, and keep on investing your P5000 every month while it’s low, soon, the market will go up again. Most stock markets, if not all, climb higher over time. It’s all a cycle.”

“How could I buy when everything is crashing?”

“That, in fact, is the best time to buy as you attempt to pick up good companies at fire sale prices.”

“Last question, Edward. How will I know what is a good company to buy? What if I buy a lemon that will go bankrupt next week?”

“You only buy shares of great companies that will keep growing for the next 10 years or more.”

“How will I know if a company will do that?”

“I can tell you their names now,” he winked. “We’ve got an army of analysts who don’t do anything else but study all the companies in the Philippine Stock Exchange.”

“Hey, that’s great. Okay, last, last question. When can I start?”

“Today if you want. Everything is online now.”

Making Millions At P5000 A Month

That conversation happened two* years ago.

That was when I began to invest in the Stock Market.

And for two* years now, Edward has mentored me in business and life.

And obviously, he has guided me in my Stock investments.

Today, I’m actually thrilled when the Stock Market is down (like now!). That means I can get richer. Because the little money I invest each month can buy more shares-which will multiply faster when the Stock Market cycles up again.

By the way, if you want to start investing in the Stock Market and don’t know how, Edward’s company, CitisecOnline**, has a fantastic program called Easy Investment Program, exactly the way I described above.

As Bo Sanchez said, I want you to experience this sense of hope and excitement too. Take charge of your finances. Don’t leave it to chance.

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 grow my money!Tell me more about the TrulyRichClub

PS. Take charge of your financial future.

To know more about the TrulyRichClub, click the link below:
Yes Bo, teach me how to grow my money!Tell me more about the TrulyRichClub

PS2. Join my TrulyRich Club! This unique program will open your life to abundance and change your limiting beliefs that prevent you from achieving personal success. To test-drive this powerful program for FREE***, log on at www.TrulyRichClub.com now!

To know more about the Truly Rich Club, click the link below:

Yes Bo, teach me how to grow my money!
Tell me more about the TrulyRichClub

*This article was written several years ago, so the conversation is more than two years old
**CitiSecOnline is now known as ColFinancial
***To test drive, download the FREE eBook My Maid Invests in the Stock Market

Young family – What Members Say

What Does the Young Family Say About the TrulyRichClub?

Young Family


Thanks to the Truly Rich Club, me and my husband were introduced to a money making machine, the Stock Market! Our financial mindset used to be confined with having a bank-savings account. Now, through the recommendation in the Newsletter of the TrulyRichClub, we have earned about 17% of our capital in less than a year of investing. We can’t possibly earn that through the bank. We feel we have a brighter future ahead of us and we have tremendously learned about making our every peso count! Bro. Bo has truly been an inspiration to us- he taught us how to make money for our son’s college education, our retirement and for helping more people. It was the best decision we made last year!