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Archives for the month of: May, 2013
Here is what Celine, a Pinay who has been working in Singapore for five years now, has to say about her experience as a Truly Rich Club member.
“Joining Truly Rich Club had been a truly rewarding and inspiring experience for me.
Not only did it enrich my soul but more so in terms of expanding my knowledge in financial matters.
The Club will teach you baby steps in every aspect of stock market investing and even guide you in business should you venture into one.
Working overseas since 2007, I want to find a way to save more not only for our son’s future but for our (not-so-in-the-near-future) retirement.
However, it is very difficult if you don’t know anyone you could trust to help you out. You could certainly find a financial planner to do that for you but not knowing anybody in the country (Singapore), is a major risk.
After taking some time to decide, I had the conviction (and perhaps a nudge from angels up above) to finally join the Truly Rich Club. I had been a member since late 2010.
Perhaps a lot of people would say that money is not important but if you truly care for the people you call family, you really need to be practical.
As some experts would say, savings is not enough – you would have to learn how to invest and take the risks.
Being a member of the Club is not all about money or wealth. It is about love, trust, patience and faith. Not only for the people who guide you with it but the principles or the values the people have who are behind it.
You can definitely say when we go back home, I will retire a super millionaire! And our son, a billionaire :).
If you want to know more about the Truly Rich Club, click here.
Join the Truly Rich Club and learn how to invest in the stock market the right way.
Join the Truly Rich Club and learn how to invest in the stock market the right way.
Image from en.wikipedia.org
Financial guru, Suze Orman, was brought to the Philippines for the second time by Bank of the Philippine Islands. She gave her practical and relevant financial management advice yesterday, May 16, 2013, at Resorts World Manila.
I did not have the opportunity to listen to Suze Orman live but I was able to read an interview of her in the issue of The Philippine Star today written by Donabelle L. Gatdula.
According to Suze Orman, investing in stocks would be a wise choice now that interest rates are so low. Stocks or exchange traded funds which we don’t have here yet pay higher dividends.
Orman also mentioned Pesos Cost Averaging (PCA) as one venue for investment in the article. PCA is a strategy that long-term investors use to invest in the stock market. It involves investing a fixed amount of money at regular intervals over a long period of time or about 10 to 20 years, Orman said.
Orman is also a fan of index funds rather than managed mutual funds.
I have consistently invested a part of my salary in the Philippine Stock Market in the past two and a half years. And, I agree with what Suze Orman said that stocks is the right place to be. My money has grown more in stocks compared to money placed in savings accounts.
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Employees Can Earn Millions In The Stock Market 