Showing posts with label Stock Update. Show all posts
Showing posts with label Stock Update. Show all posts

Bad News: Yikes, Our Depressed Stock Market Fell Even Lower!

Bad News: Yikes, Our Depressed Stock Market Fell Even Lower! 
A message from BO Sanchez

Bad news, right? This “bad news” is actually SWEET MUSIC to the ears of long-term investors like myself and my TrulyRichClub Members.Why sweet? Because a depressed Stock Market is similar to a mall-wide “midnight sale” where all the fantastic Stocks are selling at insane cheap prices.If you’re still thinking of getting into the Stock Market, now is the time to jump in.But before I tell you why I believe this is the best time to invest, let me reintroduce myself to some people who may not know me…

My Maid Has P541, 271
I’m the crazy guy who taught my maids to invest in the Stock Market.  (I was the one who wrote the bestselling book, My Maid Invests In the Stock Market And Why You Should Too.) Today, one of my maids has P333,289 in her Stock Market investments.  My other maid—the one who I promoted as my bookkeeper two years ago—has now P541,271.
NOTE: Before the Stock Market crashed a few months ago, she already had P600T+.  So she should be very sad, right?  Nope, she’s not.  She’s fully indoctrinated with our long-term investment strategy at the TrulyRichClub.  She knows this “paper loss” is very temporary.

They Will Retire Multimillionaires
This morning, I just told her, “If you keep this up, you’ll reach your first million in 4 years.” Boy, I’m waiting for that day.  So I can tell everyone with pride, “My maid is a millionaire!” Confession: I’ve brainwashed my maids. I've also brainwashed my 100+ employees working in my businesses and ministries—because almost all of them are invested in the Stock Market. Janitors.  Clerks.  Messengers.  Managers. They will all retire multimillionaires.  Very cool. I've taught them to think the way I think. Even when the Stock Market is crashing around them, and it seems that the value of their investments are going down, they’re happy. Let me explain…

Why You Should Be Happy When There’s a Crisis   
The US and Europe’s economies are picking up.  So foreign funds sold their shares here in the Philippines and transferred their money back to the US and Europe.So the Philippine Stock Market went down.  Note: There’s nothing wrong with our country’s giant corporations.  They’re earning well and will earn even more this year and next year.But because of what’s happening in the US and Europe, our Stock Market is being pulled down. But this downward and sideways movement in the Philippine Stock Market will not last.  Soon, it’ll rise up again.  So while it’s cheap, long-term investors are buying Stocks every month.       To my maids, this is good news.  And to my thousands of TrulyRichClub Members, this is good news. Why?  Because for the next few months, we’ll all be buying great companies at cheap, discounted prices. By the way, I don’t try to guess where the “bottom” is. Because I teach people to buy monthly small amounts of shares, it doesn’t matter.  We just keep buying at discounted prices.

Investing in the Philippine Stock Market using BPI TRADE and SAM from TRC

Investing in the Philippine Stock Market using BPI TRADE and SAM from TRC?
I personally use BPI TRADE as my on line stock broker. Simply because i want to start early in investing, upon learning it from truly rich club.
And during that time, I don’t have an extra 5,000 pesos to open an account on COL Financial or FirstMetro.
For me these three (3) are the best broker in the Philippines. By the way, I am not paid by BPI trade nor promoting it!

Let me share you some simple steps or basic steps on how to invest on the Philippine Stock market using BPI trade and SAM from Truly Rich Club. 

Step 1: Go to https://www.bpitrade.com and Open an account. (you'll be guided accordingly once you click "Open an Account
Step 2: Once you have an account, type in your USERNAME and PASSWORD
Step 3: You'll be taken to this "complicated-looking" menu. (Don't be afraid you need not to memorized all of this terms)


Step 4: Get your SAM table (Stocks Update guide from the Truly Rich Club). Then just follow what action to take!


Step 5: Click "Quotes" tab on the top.
(note: there are a lot of ways on how you could "BUY and SELL" in BPI Trade and below is just my way of doing it.)



Step 6: Click Stock info and type the CODE of the company which you want to buy shares from. Let's take for example BDO.
as you can see in the snapshot above current price of BDO is 80.00 pesos per share and still on the buy below price which is 89.60 so just "Continue Buying" at regular intervals. Click "BUY"

Truly Rich Club founder BO Sanchez on FOREX

According to research, 97% of people who get into FOREX don’t earn money; they lose money.


Truly Rich Club founder BO Sanchez on FOREX...

Forex, Anyone? Evaluating Other Options of Earning Extra Income

FOREX ads are all over Facebook. I’m sure you’ve seen them.
A pretty girl saying, “I earned $463 in two weeks!”

Click on it and it will lead you to FOREX seminars, programs, and classes. FOREX means Foreign Exchange Market.

In every financial seminar I give, I always get this question: “Bo, what can you say about FOREX? I want to earn extra income…”

I asked my mentor and he told me the sad news: According to research, 97 percent of people who get into FOREX don’t earn money; they lose money.

Wow. When I heard that 85 percent of people who get into the stock market lose money, I was already shocked. But 97 percent? Jeepers.

But instantly, I understood why it was 97 percent for FOREX.
Let me explain: Most of the 85 percent of people who lose money in the stock market are traders. The 15 percent who earn money in the stock market are long-term investors—just like you and our TrulyRichClub Members.

But FOREX, by nature, is pure trading. Long-term investing in FOREX is rare or almost non-existent. That’s the reason for the appalling figure.

If you still want to go into FOREX and attempt to be the 3 percent that earn from it, I can’t stop you. It’s a free world. (My mentor is part of that 3 percent. Yes, he does FOREX and earns.  Why? This has been his world for the past 40 years—and he’s doing it fulltime. But he just puts a little bit of his money in FOREX. How little? A tiny sliver of 1 percent of his cash. He does it just to “feel” the world market. But 99 percent of his money is in the various stock markets of the world—US, Europe, Hong Kong, Indonesia, and the Philippines.

One day, I asked my mentor, “Do you suggest I get into stock market trading? You could train me…”

He said, “Bo, just be an investor. So you can FOCUS on your business.” I nodded. Trading isn’t my core gift. It will sap my energy, attention, and time away from my businesses.

Today, I give you the same advice. (However, if trading is your core gift, then go ahead. My mentor is opening a special school for traders very soon.)


Otherwise, remain an investor. Be loyal to SAM (Strategic Averaging Method). And be focused on growing your business or career. Because at the end of the day, if you’re faithful to investing every month, you’ll still retire a multimillionaire.

-source: www.bosanchez.ph


Why Invest in the Philippine Stock Market NOW!?

Why Invest in the Philippine Stock Market NOW!?
Let me just share you first, stories from one of my favorite Wealth Strategies issue “Big Blessing #3”. This Newsletter had convinced me to invest right away to the Stock Market using the guidance of the truly rich club. you'll have now the chance to read it for FREE! Happy reading!

Sow in Time of Famine
One day, a man got lost walking in the desert.
The next day, he was still lost.
After two days under the scorching sun, he was very thirsty.
All of a sudden, he saw a little wooden shed.
He ran to it, thinking of only one thing—water!
When he arrived there, he saw an old, rusty water pump sticking from the ground. He gripped the handle and began pumping like a mad man.
But nothing came out.
Disappointed, he stepped back to see how to make it work.
Looking around, he saw a jug covered with dust.
When he grabbed it, he saw a piece of paper stuck on it. The message read, “Open this jug and you’ll find water. Don’t drink it. Pour it instead on the pump. And you’ll have all the water you want.”
He popped the cork.
True enough, the jug was filled with water. Lovely, thirst-quenching, water.
Now imagine you’re that thirsty man.
For two whole days, you haven’t drunk water. Your mouth is so dry, your tongue is sticking to the roof of your mouth. You’re literally dying of thirst. And you’re now holding a jug full of water. But the message says that you should throw it away!
For a moment, your heart is torn.
What if the message was a joke? A cruel prank? What if you poured the water on that rusty pump and nothing happened?
But the man in our story chose to take the risk.
He closed his eyes, took a deep breath, and poured the water.
He held the handle and pumped like crazy.
A few seconds later, torrents of water gushed out. Indeed, he had more water than he could ever need!
He drank to his heart’s content. He also found water containers to bring with him in his journey and filled them up to the brim. But before leaving the place, he filled the jug with water.
And underneath the sign attached to it, he scribbled, “I tried it. Believe me, it works.”



You Have a Choice: Drink Now or Drink Forever
This is a great picture of why people are poor.
The money that you hold now, no matter how small, is like that jug of water. And you always have a choice: You can drink now or you can drink forever. You can have money now or have money forever.How? By investing.
A lot of people don’t invest.
They spend whatever they have.
I’ve met people who earn P10T a month or 50T a month or P500T a month—and they spend everything. (Yes, I’ve met a lot of high-income poor people!) That’s why their money pump remains dry. And they’ll remain poor forever. It really doesn’t matter how much people earn. What matters is how much they invest.
Investment is a crazy decision.
It’s as crazy as pouring that last jug of water into the pump.
Friend, you have money now.
It may be small but you have it.
And you’re standing in front of a money pump.
Actually, three money pumps:
Business: Traditional, Franchise, Networking, etc.
Property: Rental Property, Buy and Sell, etc.
Paper: Stock Market, Mutual Funds, Bonds, etc.
But today, I’d like to focus on the “Paper” money pump.
Not everyone can start a business right away.
Not everyone can buy a property right away.
But almost everyone can invest in Paper Assets.
Friend, you have a choice.
Will you simply consume your little money?
Or will you pour it into the money pump—so that it produces more money for you?
I call this sowing in time of famine. For a moment, your heart is torn.

Don’t Wait for Better Times
Before You Invest
In the Bible, Isaac sowed in time of famine.
Crazy, right?
Shouldn’t you keep whatever seeds you have to eat?
But because he did that, the Bible says, that year he harvested a hundred times as much as he had sown, because
the Lord blessed him. He continued to prosper and became a very rich man.
Wow.
If you want to be rich, you need to sow in time of famine too.
When you have very little money, that’s the time to invest.
Here’s a promise: The seeds that you sow in time of famine will give you your greatest harvest too.
Do you want to prosper?
Here’s a Bible passage that will tell you how.

Invest When Your Money Is Small
Proverbs 21:20 says, the wise man saves for the future but the foolish man spends whatever he gets.
Are you wise?
Let me tell you the story of Jack and Jill.
Jack and Jill went up the hill to get a pail of water.
Jack fell down and broke his crown and Jill came tumbling after. And the people who saw the horrific accident, they sang and clapped their hands, “Lalalalalala…” (Our nursery rhymes are very strange.)
If all this time, you’ve always been wondering what happened to Jack and Jill after their fall, now you’ll know.
Jack had brain surgery and he recovered.
But he had no health insurance—and his high medical expenses made Jack’s family very poor. This experience changed his life. The emotional pain created an inner resolve in him.
Jack told himself, “When I grow up, I’ll never be poor!”
At age 15, he started a small business.
Every day, he sold peanut butter and jelly sandwiches to his classmates. Every month, he earned P2500, which he invested in the stock market. His uncle advised him to buy the stocks of strong, solid, great companies. For the next 5 years, he was faithful with his investments.
When he reached 20 years old, he volunteered in Anawim, a ministry for the poorest of the poor. He received only
a small allowance and didn’t have any savings. From then on, he couldn’t add to his investments anymore.

Jill Saved at Age 27
Jill had a different life story.
The fall from the hill didn’t affect her too much.
No traumas. Except for a few scratches, she was okay.
She lived a happy-go-lucky life and didn’t save at all.
She worked as a mountain climbing instructor. So her fall from the hill affected her after all, at least subconsciously.
She made it her lifelong goal to prevent people from falling.
But she lived like everyone else—spending her salary on “stuff”. Nothing was left at the end of the month.
But when she was 27 years old, Jack called up Jill and invited her again to “Go to a prayer gathering called the Feast.” There, she heard a handsome preacher say that it’s okay to be rich if your heart is in the right place.
That experience changed her life.
At 27 years old, she began to save P2500 a month. And like Jack, she also invested it in the stock market—the same strong, solid, great companies that Jack invested in.
She was so faithful to her investments; she didn't stop until she reached 65 years old

Happy Retirement
One day, when they were both 65 years old, Jack and Jill had lunch together after the Feast.
While waiting for their dessert, Jack said, “My service in Anawim is so happy and fulfilling. But I guess at my age, I think I’m ready to retire.”
Jill said, “Me too. At 65, it’s getting a bit difficult to climb mountains.”
That was when Jack touched her hand said, “Jill, remember that day we went up the hill to fetch a pail of water?”
“Yes,” Jill said. “You fell down and broke your crown and I came tumbling after.
How can I forget?”
“Do you know why I fell?”
“Why?”
“Instead of looking at where I was going, I kept looking at you. I had a big crush on you.”
Jill blushed. “You did? Jack, I had a big crush on you too!”
For a few minutes, both of them couldn’t stop laughing.

Jack Pops the Question
That was when Jack looked at Jill and said, “I’m 65 years old. I don’t have much time left.” He knelt on the floor,
held her hand, and asked, “Jill, will you marry me?”
Tears filled her eyes, and she said, “Yes!”
After a few hours of celebrating their old new love, they sat down to discuss their finances.
“How much money did you invest?” Jill asked.
Jack said, “That was a long time ago. For five years, from age 15 to 20, I invested a total of P150,000.”
“That small?” Jill looked at him with pity. She said, “For 38 years, from age 27 to 65, I invested a total of P1.17M.”
“Wow,” gushed Jack. “I’m marrying a rich woman.”
“I’ll take care of you,” she squeezed his hand. “But I wonder how much money we have?”
“Let’s take a look.”
Both of them called up their stock broker.
Both were totally shocked…
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