Monthly Archives: March 2014

Why I Subscribed to the Truly Rich Club and Why You Should Too

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I joined the Truly Rich Club after I bought Bo Sanchez’ book, My Maid Invests in the Stock Market at National Book Store. I have been stock trading occasionally for many years, experienced the bear market in 2007-2008, and remembered how I agonized over stock picks every time I had cash to invest. I figured I wanted to know how the Club makes its stock picks, so I figured “Let’s give it a try!”

I quickly learned that the Club stock picks are pretty easy to deduce once you enroll in online stock trading platforms, like Col Financial (a.k.a CitiSecOnline until a year or two ago). But I also learned the Truly Rich Club is more than just a source of stock picks.

Friends, I joined the Truly Rich Club for stock picks, but I realized it is just one of the numerous benefits of membership, and numerous reason why one would want to be a member.

There are also events like Wealth Summit 2014.  I can also cite specific things I learned, like:

Perhaps the only “disadvantage” to being a member is the monthly membership fee. For the Gold member this is P497 per month.

But there are simply too many blessing ( at least for me ) that I can’t help but gush with enthusiasm when telling friends ( and readers of this blog ) about my experiences as a Truly Rich Club member. Some of them enrolled in the club using my affiliate link. When people enroll in the club using MY affiliate link, then 20% of all their payments, EVERY MONTH, is credited as my commission. So if am a Gold Member, and I have ONLY FIVE friends who enroll at the lowest membership level (Gold) though my affiliate link, my monthly commission will be equal to my monthly membership fee! To make a long short, I’ve been simply telling people how happy I am, but there are some lucky days like March 1, 2014, when I see payments like:

For Gold – International, xxx paid: 997.00, commission: 199.40, level 1
For SuperGold – Philippines, xxx paid: 997.00, commission: 199.40, level 1
For Gold – Philippines, xxx paid: 497.00, commission: 99.40, level 1
For Gold – International xxx, paid: 997.00, commission: 199.40, level 1

On March 1, 2014, the first day of this month, four of my affiliates paid their fees, and I earned P697.60, more than a Gold Membership monthly fee. So where’s the disadvantage?

I joined the Truly Rich Club expecting stocks picks for a small monthly membership fee.  Today I get stock picks, audio/video educational materials that teach me to be a happier, truly rich person, and many other benefits (did I mention I also receive a daily email signed by “God” ?  And the Club even pays me to enjoy the membership!

These are the reasons why I subscribed to the Truly Rich Club and why you should subscribe too!

Related Story:

Why did I write this article?

Occasionally, I try to Google the term “trulyrichclub” and a few times, I saw  this entry for “Why I UNSUBSCRIBED to the truly rich club and why you should too”

I seem to remember clicking on that entry, and landing in a page where the author basically said it was just a waste of money, similar to insisting on paying tuition after graduating from college. The page also contained links to posts/articles like:

  • why you should give up your broker and switch to Col Financial
  • why you should not follow any list of recommendations, including mine
  • why I stopped diversifying and why you should too
  • why I do not recommend peso cost averaging to the beginner.

At the time, I thought THAT article was a bit toxic and full of negative vibes. Maybe the intent is to be controversial and disagree with everything, perhaps to get Internet search traffic?

The article did have some links to other articles highlighting the growth of the blogger’s stock portfolio ( 40 to 50% in a short span on time).

I remember thinking how much I disagreed with the remark saying paying the monthly fees is similar to paying tuition after graduating from college.  I thought the remark was equivalent to saying you should get a tuition fee refund after getting the calculus text book on the first day of college, because you already have the material you wish to study.  Maybe that blogger could find lots of people who could pass college calculus by just reading the book without attending classes.

I also remember chuckling at his proud claim of earning 40 to 50% in the stock market.  In a bull market it is easy to make money.  In the bull market after the 2007-2008 crash, I remember buying some stocks at P 0.60/share , and watch it soar to P1.10, then P1.20.  I sold the stocks for P1.30/share, earning more than 110%.   But I felt so ashamed making 110% because I sold for P1.30, since that issue just marched on to P 1.50, P1.70 and past P 2.20.  It has been merrily seesawing for several years, and today the issue is about P 4.00/share.

Anyway,  I thought anybody who lands on the page will find the material so incredible nobody will believe him.

So why did I write this article?

This evening, I tried to Google the term “trulyrichclub” and a still I saw  the same entry.  This time, the URL was no longer clickable and I got a message from blogger.com that access to that URL is not possible.  This means people will still see the title “Why I UNSUBSCRIBED to the truly rich club and why you should too” but never see the page.

I hope that  Google will rank this page “Why I SUBSCRIBED to the Truly Rich Club and Why You Should Too” higher in search page ranking, than that other article.

Let me quickly count some reasons why:

  • the inspiring and thought-provoking Power Talks audio recordings (members get at least one every 15 days) turn my drive to/from work into learning sessions
  • the PowerTalks frequently include “The Feast Declaration” and I am simply energized whenever I hear “I open myself to the unbounded, limitless, overflowing abundance of God’s Universe“
  • I receive daily inspirational messages “God Whispers” signed “God”

    February 25, 2014

    Dear Roberto,

    Quit expecting happiness to happen to you. Happiness happens because you choose it.

    Happily yours,

    God

    P.S. Roberto, don’t let outside circumstances dictate your mood. Take control and choose to be happy!

  • I am reminded daily and I frequently experience first-hand Bo Sanchez’ conspiracy theory that God and the Universe are conspiring to bring me blessings
  • I learned “stress free stock investing” by simply following the recommendations in the Stocks Update newsletter
  • I read business articles in the Wealth Strategies newsletter
  • I get thousands of pesos in affiliate revenue every month, much more than what I pay for (my monthly Diamond membership fee is P 1,997 )

Need I say more?

Wealth Summit 2014

Wealth Summit 2014 – Let’s Go To Work!

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After the first two days of the Truly Rich Club’s Wealth Summit 2014, we were all so hyped up I just felt I had to share my thoughts with everybody. Bo Sanchez led us and asked us to raise our hard hats, commit to build our financial fortresses, and declare on February 28, 2014, that “Today, we go to work! Today, we make our first step to reach our goals!”

This Wealth Summit 2014 was so much fun for me, as I was joined by my wife, brother and niece (wife and brother in the picture, niece took the picture ). How inspiring was this Wealth Summit? They were pre-selling tickets for NEXT YEAR’s Wealth Summit 2015, and I joined a long line of people clamoring for these tickets! Join me next year, March 6 – 7, 2015 for Wealth Summit 2015!

But what about this Wealth Summit 2014?

Build your Financial Fortress

God’s Complete Blueprint of Success

Superheroes of Abundance – Wealth Summit 2013 last year was so awesome and inspiring I thought it would be difficult to match, but this year’s Wealth Summit was a blast!

My head was swirling with ideas and thoughts, let me just list some rambling notes, which I hope to finetune someday 🙂

Brother Bo Sanchez was the first featured speaker, and he talked about the two wolves that eat up your finances:

  • INFLATION, which nibbles slowly but steadily at your savings everyday, at the rate of 3 to 4% per annum, and
  • IGNORANCE, which may lead you to make disastrous financial mistakes that wipe out everything and bury you in debt.

He also talked about the three pigs. People who build their lives on debt are like the first pig who built his house with straws. The house falls with the slightest gust of wind. People who depend on only one source of income and do not save (e.g. single breadwinner, employee ) are like the second pig who built his house with sticks. One serious event can make the house fall. People who build their house with dynamism and who are always learning, growing, and expanding are like the pig who built his house with stone. They survive crisis after crisis, serve others and bless the world with their gifts and the universe rewards the with money and blessing.

AiAi Delas Alas appeared and entertained the crowd with her stories of hardship and difficulties during her younger days, and emphasized the value of perseverance/persistence in achieving incredible success.

Cecilio Kwok Pedro, CEO of Lamoiyan Corporation taught us how to fight the GIANTS. He started by asking us if we were “Happy?” so naturally everybody shouted YES! Then turned it to a joke and asked “Not Colgate?” Mr. Pedro talked about how Lamoiyan Corporation launched Happy Toothpaste and competed with huge competitors and battled seemingly insurmountable challenges. He talked about his employing persons with disabilities turned into an advantage, since they were more focused in their jobs.

We’ve all heard of the Bo Sanchez’ maid who invested in the stock market, but how many have heard of Edward Lee‘s experiment with his driver Gildo? Edward Lee, Chairman of COL Financial said he told his driver that if Gildo will invest P2,000/month in the stock market using the Truly Rich Club Stock Averaging Method and stock picks, Edward will match it with another P2,000 (or P4,000/month in investible funds). Gildo started in July 2011, investing P3,000 to P5,000/mo for 31 months. He started buying BPI every month beginning in July 2011, switched everything to Meralco in January 2013 (and buying Meralco every month). In June 2013, he switched everything to Megaworld and bought Megaworld every month. After putting in approximately P132,000, by Feb 26, 2014, his portfolio was worth P240,720.

Gildo earned closed to P110k in 30 months! ( Disclaimer: this is not a guaranteed result, but his buying and selling were done following the TRC strategy of regularly buying below “buy-below” price, and selling when reaching “target-price” ). The results are much better than expected, but spectacularly illustrate the “Turtles Always Win Blueprint” of stock investing.

Edmund Lee, President of Caylum Trading Institute showed the “Rabbits Can Win Too Blueprint” as he explained the day trading side of the business. While stock day trading can potentially earn much more than stock investing, it is much more difficult and exciting. Traders sometime stay out of the market vs stock investors who just keep on buying.

Johnlu Kua, Chairman and Owner of French Baker entertained us with his “Magic of Uniqueness Blueprint” as he related how he differentiated himself by being the very best French Baker, specializing in quality and delicious breads ( not cakes ).

Dr. Larry Gamboa, real-estate guru and best selling author of Think Rich Pinoy, led a discussion with Sha Nacino and Aileen Santos, not about real-estate, but about “Money out of Thin Air Blueprint” or monetizing ideas by writing books, public speaking, training, seminars and online selling.

Noel Arandilla and Joen de las Pinas deciphered insurance and explained concepts in very simple layman terms, then taught us to solve one of life’s greatest mysteries: how much insurance should one get? They proceed to advise us that the cheapest is term insurance. They cite the ironic fact that many people spend more on car insurance than life insurance.

We listened to Randy Manaloto as he narrated the story of how he found a dilapidated piece of property in Makati, and converted it to a money machine. We were then inspired by the story of Maves Angeles‘ journey from being an NPA (no-permanent-address) informal settler hounded daily by threats of demolition and ejection, to the being a homeowner securely sleeping in her own bed, to being a property developer helping people achieve their dreams. ( Maves Angeles was my second favorite speaker, next only to Rex Mendoza )

Marco Victoria declared that one can sell anything on the Internet and using creativity, do viral marketing for free. Marco makes shoes and sells them online. He also sells cars! ( I have to make my friends in KabayanCentral.com talk to Marco! ) Jay Castillo related his passion of blogging about his personal education in real estate turned his flagship website ForeclosurePhilippines.com into a money machine

Paulo Abadesco gave a technical presentation on how non-techies can create their online presence by using pre-built tools for ecommerce.

Jomar Hilario, Internet Marketing Guru, started the “Work from Home Blueprint” by asking “Who is Jomar Hilario?” then proceeded to interview people he helped become Virtual Assistants, work from home, earn dollars (like OFWs, but from home), and spend more time with their families.

Dean Pax Lapid led a panel of fellow serial entrepreneurs, like Jun Toreja of Toreja’s Construction and Supply Corporation and Ronnie Siasoyco of Trion to discuss the “Create your Army of Businesses Blueprint“. Ronnie is probably the most techie accountant-by-training entrepreneur in the world ( he designed the modern digital electric meters installed in most new houses ) .

My favorite presenter was Rex Mendoza, CEO and President of Philamlife, and numerous other ventures. He is a brilliant speaker who always deliver his lectures with such fire and passion one wonders if he is berating his captive audience, or simply exhorting them to achieve greater heights. He talked about experiencing a breakthrough in our jobs/business via the “World Class Mindset Blueprint“. He introduced basic concepts and explained them in very simple terms. Brilliant, inspiring, hilarious… ( I’m running out of adjectives ). Mr. Rex Mendoza is my financial superhero!

All throughout the event, we were assisted by super friendly ushers in white hard hats and construction worker attire. We were energized by joyful worship led by preachers and a world-class band. Have you ever been to a financial seminar with hosts and audience jumping up and down with joy while singing praises to the Lord? I was particularly amused when during one of the prayers, Mike Vinas used “after the ROE’s (return on equity) and ROI’s ( return on investment )” and “praise the Lord” in the same sentence.

Friends, I hope you also Join the Truly Rich Club and like me, be blessed and inspired!

I am a Diamond member seriously considering moving up the ladder to Platinum member. ( but that is the subject of a future post )