4 Easy Steps How Pinoys Can Invest In The Stock Market From Wherever

Are you afraid of growing old without money? Are you scared of the thought that when your retirement comes you won’t have monthly income anymore to pay for your needs?

One other thing that is certain in this world aside from death is retirement. No one works forever. This is the reason that one needs to have a retirement fund.

Yes, some people have a tendency to shrug their shoulders or ignore setting aside a fund for their old age because they are expecting a retirement package from their company or they might also be thinking that they can rely on their SSS pension benefits to pay for their expenses in the future.

But is your retirement package or monthly SSS pension benefits really enough to cover you for the rest of your life considering that the monster called inflation is quietly eating the value of your money over time?

If your answer is NO, then it is the perfect time to set aside a retirement fund for your old age. The earlier that you do this the better. Because your money will have  time to grow.

It is not wise to put your retirement fund in the bank (Read: Putting Your Savings In The Bank Is Dumb). You need to invest it in an instrument that will earn 12% – 20% a year over time. One of this investment instrument is the stock market.

At present, ordinary Filipinos, even those working overseas, can already take part in the growth of the stock market. Putting your retirement fund in the stock market will protect the fruits of your labor and enable you to retire with enough for your old age.

The 4 Easy Steps How Pinoys Can Invest In The Stock Market From Wherever

1. Invest in a mentor. Guidance is essential to succeed in the stock market. Without guidance, it is dangerous to invest in it. Only 15% of those who invest in it earn while the rest lose their hard-earned money. Yes, you can just read a lot of books about the stock market and learn on your own but getting a mentor is the shortcut to your success. In fact, you can start investing in the stock market in a week when you get Bo Sanchez as your mentor. Bo Sanchez is a preacher and the founder of The Light of Jesus community. You might be asking what his credentials are considering that he is a preacher. Well, he is the preacher who achieved the extraordinary feat of teaching his maids how to invest in the stock market! In his update last year, his maids are now richer than many managers. Find out how much his maids have in their stock market portfolios here. Get Bo Sanchez as your mentor here.

2. Choose an online stockbroker. To be able to invest from wherever, you need an online stockbroker to facilitate your transactions in the stock market. There are many online stockbrokers to choose from but I have chosen COL Financial among the rest. Besides being recommended by Bo Sanchez, they are also the most trusted online stockbroker in the Philippines. Opening an account with them is easy and it is FREE. Click here to learn the easy to follow step-by-step procedure how to open a COL Financial account.

3. Buy stocks. If you get Bo Sanchez as your mentor, you will have instant access to the stocks that he recommends to his other mentees to buy. You will be guided by regular updates that you will receive in your email about what stocks to buy, when to buy and when to sell. Click here to learn how to buy stocks via a COL Financial account.

4. Apply the turtle strategy of investing. Follow the system of investing in the stock market that Bo Sanchez teaches here and watch your money grow over time. Get a sneak peak how the turtle strategy works here.

And you’re done! Just follow these 4 easy steps and sleep soundly at night confident that you will grow old rich.

Blessings!

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How To Save P6890 In 52 Days Before Christmas

 

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If you want to run, run a mile. If you want to experience a different life, run a marathon. – Emil Zatopek

Have you always wanted to start investing but until now you don’t have the minimum P 5,000.00 needed as the initial capital for your investment?

Are you about to give up your plan of investing because 2014 is almost over and you are already discouraged to begin ?

Don’t give up yet. There is still HOPE.

At the beginning of this year, there was a viral post on Facebook entitled, 52 Week Money Challenge: The Kuripot Pinay Version. It is a way of saving money where increments of 50 pesos at regular intervals were placed in a piggy bank to come up with a total of P68,900.00 at the end of the year which an individual can use for any specific goal he has set.

Since setting aside an increment of 50 pesos at regular intervals was quite difficult for some, the author came up with different versions wherein an individual can save in increments of 5 pesos, 10 pesos and 20 pesos.

For an individual’s objective of saving the amount of P5,000.00 to use as initial capital for an investment, I have adopted the version of setting aside increments of 5 pesos and placing these in a piggy bank everyday for 52 days instead of the original version done at weekly intervals.

The image below shows you the version I created.

Starting at 5 pesos on Day 1 and adding 5 pesos everyday to the amount one needs to set aside for a day will result to a total savings of P6890.00 at the end of the exercise!

How it’s done: Day 1, set aside 5 pesos. Day 2 set aside 10 pesos. Day 3 set aside 15 pesos. So on and so forth until the 52nd day.

You will then have the initial capital of P5000.00 necessary to start investing in a mutual fund or buying several stocks in the stock market before the year ends. Cool, isn’t it? 🙂

And you can use the surplus of P1,890.00 however you wish. Double happiness!!

Since Christmas is just around the corner, I called this exercise, 52 Days Before Christmas Savings Marathon.

I think this is doable since regular employees’ bonuses and 13th month pays will be available a few days before Christmas.

Are you up to run this marathon?

Join to implement your plan of investing and achieving whatever you’ve dreamed of with your investment.

Marathon starts on November 3, 2014. I hope to see you at the finish line. 🙂

Blessings!

P.S. With P5,000.00 on hand to invest, read How Pinoy Employees and OFWs Can Invest In The Stock Market Online. If you don’t know what stocks to buy, when to buy and when to sell, join the Truly Rich Club here. Bo Sanchez, who achieved the extraordinary feat of teaching his helpers and driver how to invest in the stock market, will teach you how to do it right. Investing in the stock market is dangerous without guidance. Better to be safe than sorry, right? Click here to subscribe to the Truly Rich Club.

 

Putting Your Savings In The Bank Is Dumb!

Shrinking piggy banks

I confess.

I was guilty of putting all of my savings in the bank.

This was how I was trained as a child, save then put your savings in the bank. It would earn interest and grow.

Yes, my money “grew” in the bank. But when I crossed paths and got introduced to INFLATION, the story was never the same again.

I felt depressed, worried and stupid as I got to know more about INFLATION.

INFLATION is defined as a general increase in prices and fall in the purchasing value of money.

I realized that in reality, I was “losing” money in the bank!

In the illustration above, I would have P 1,002.50 by the end of the year, an increase in my savings, but when INFLATION was factored in, my money would only buy me something that costs P 958.50. 😦

As the reality of INFLATION sunk in, I began to look for instruments with higher interest rates. Higher than the INFLATION rate.

I bought a life insurance plan and two mutual funds.

They did well and are still doing well. But, I did not stop there.

While watching television a few years ago, the news trumpeted about the Philippine bull market.

I am not an expert in the stock market. I studied it in passing while in college. But I instinctively knew then that many are profiting at the time because of the bull.

Do you agree with what has been said that we are where we are supposed to be?

As it happened, while browsing in a bookstore, I came across Bo Sanchez’ revolutionary book, “My Maid Invests In The Stock Market…And Why You Should, Too! Get your FREE copy here.

And the rest, as they say, was history.

I learned the system of investing in the stock market that Bo’s maids applied. I also got Bo Sanchez as my mentor by subscribing to the Truly Rich Club.

It was the best decision that I have made with regards to growing my money. You can look at the illustration below and judge for yourself. 🙂

The image above is proof that the estimated return of the stocks recommended by Bo Sanchez that members of the Truly Rich Club buy beat INFLATION!

I could never ask for more. I sleep at night confident that I will have enough for my old age.

I don’t put all my savings in the bank anymore ever since I became a member of the Truly Rich Club.

I now only use the bank as a place where to keep my emergency fund.

How about you? When are you going to invest your hard earned money? Until when are you going to let INFLATION eat the value of your money?

Learn how to invest in the stock market the right way and win by subscribing to the Truly Rich Club now.