Drop, Cover & Hold To Protect Yourself When A Financial Earthquake Strikes

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Last Thursday, July 30, 2015, we witnessed the participation of most Filipinos in the first-ever metro-wide earthquake drill in our country. The objective of the drill was to increase the metro’s chances of better recovery and implementation of contingencies in the event of earthquakes.

The three things that were emphasized that one needs to do during an earthquake can also be applied to protect one should a financial earthquake, death of the breadwinner in the family, retrenchment, a serious illness or retirement, strikes. Practicing these three things would increase one’s preparedness and therefore, lessen the impact of these financial earthquakes. One would probably sail through it with little or no damage.

1. DROP. Drop your ancient belief that money is the root of all evils. The love of money is the root of all evils. Believe that it is perfectly alright to want to become rich and that having more money is never a crime. Drop your fears and excuses about saving and investing. Banish your fears by learning how to handle your money and then doing. Start building your wealth early.

2. COVER. Cover yourself from people who are not supportive of your financial goals. These people who would talk you out of your desire or commitment to invest and grow your money are mostly those who doubt themselves that they can do it, too and that it is possible to rise up from one’s dire financial circumstance.

3. HOLD. Never give up. The road to financial freedom is long and the ride is slow. But keeping at it, saving and investing regularly, will surely get you to your destination.

Remember, financial earthquakes don’t kill. UNPREPAREDNESS does. So, DROP, COVER and HOLD!

P.S. If you want to learn how to invest in the stock market the right way, click here.

Get To Know OFWs Investing In The Stock Market

Do you want to get to know some overseas Filipino workers (OFWs) who are already investing in the stock market?

Scroll down to find out who they are.

Do you also want to learn how to be a successful stock market investor like them and achieve financial independence? Click here to learn how.

The Preacher In Blue Jeans On How To Win In The Stock Market

Bo Sanchez’ Stock Market Investing Tips

Most Filipinos think that the stock market is only for the rich.

But Bo Sanchez, The Preacher In Blue Jeans, will tell you otherwise. In his three and a half minute interview with My Puhunan host, Karen Davila, he showed that simple people like his helpers and other regular employees can also invest in the stock market.

Watch his enlightening interview wherein he also shared tips on how simple Filipinos should handle their money and win in the stock market in this video.

Take Bo Sanchez’ advice, take time to learn how the stock market works and regularly invest small amounts in it for your money to grow exponentially and retire rich.

Do you want to learn the step-by-step procedure on how to invest in the stock market that Bo Sanchez taught his helpers? Click here.

Did you know that you can invest in the stock market even if you are living abroad or residing in the province? Click here to learn how.

Blessings!

Why Truly Rich Club Members Are Happy They Joined And Follow Bo Sanchez’ Investing Advice

Truly Rich Club Testimonial

Do you want to learn how to invest in the stock market without losing your lifetime savings? Do you want to know the system of investing that maids and a driver (who now have P700,000+, P500,000+ and more than P200,000+, respectively) have been doing for several years now? Join the Truly Rich Club if you answered “yes” to both questions. Click here to join.

Here’s what some Truly Rich Club members say:

Truly Rich Club Testimonial

Truly Rich Club Testimonial

Truly Rich Club Testimonial

Truly Rich Club Testimonial

See photos of Noel, Minda, Allan, Janet, Kein, Rona and Armida  and meet more happy Truly Rich Club members, click here.

Happy Investing this 2015! 😉

Top 3 Reasons Why You Need To Be Rich

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When Jesus saw him and knew he had been ill for a long time, he asked him, “Would you like to get well?” (John 5:6 NLT)

Like me, are you wondering why Jesus had to ask the lame man by the pool if he wants to be healed when the answer was already obvious?

Bo Sanchez, in one of his talks in the Feast, explained that Jesus asked because He wanted to hear from the man that he truly wants to get well.

Bo Sanchez expounded during the talk that this is what the universe wants from us, CLARITY. We need to be unambiguous with what we desire to receive and achieve our dreams.

Are you like many Pinoys who want to be rich but are secretly reluctant to be rich? Have you romanticized poverty? Do you think that money and rich people are bad?

I think many Pinoys have subconsciously decided to stay poor because they do not know what the purpose of money is. I hope the following would enlighten many who when asked again, “Do you want to get rich?” will answer, “Yes.” with conviction.

Top 3 Reasons Why You Need To Be Rich

Suze Orman Quote

Live worry-free. Are you a father who constantly toss and turn at night worrying how to provide for the needs of your growing family? What if one day your boss asked you to come to his office  to be told that because the company is downsizing, he had to let go of you? How long will you be able to live before you get a new job? Emergencies happen without prior notice. Being rich is being a boy scout or girl scout, “always prepared.” Sleep soundly at night knowing that you can face any storm that comes your way with confidence.

Warren Buffet Quote

Future-proof your family. When you are rich, you can see your  family smiling and happy when you dream at night because you not only provided for their daily needs but because you have set aside enough for their future.

Tony Meloto Quote

Bless the poor. You cannot give what you do not have. More money means being able to help the least of our brothers more. Avoid having to make the difficult choice of not giving those who ask something from you because you only have enough for you and your family.

Are you ready to be rich? Learn how. Subscribe to the Truly Rich Club now!

Share if you were blessed by this post. 🙂

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!

Please share if you found this post valuable.

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.

How To Buy Stocks Online via a COL Financial Account

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Previous Post: How Pinoy Employees and OFWs Can Invest In The PH Stock Market Online

If your application to open a COL Financial (online stockbroker) account has been approved, this tutorial is for you. 😉 You must be excited to buy your first stock, right? Then, let’s begin!

Take a look at the email confirmation from COL Financial that you received. It will inform you of your user name (account #) and password. The email also tells you to log in to COL’s website and change your password. Let’s do that here.

Type colfinancial.com on the address bar of your browser to go to COL Financial’s homepage.

Type your user name or account number and password provided in the email confirmation in the boxes on the upper right corner of COL Financial’s homepage (as shown in the image above) and click log in.

 

The image above is how your COL Financial account’s homepage will look like. You will see information details like your user name, account number and equity value (your initial deposit) at the upper left side of the page.

Let us now change your password.

Click the “Change Profile” tab as shown in the image below.

Then click “Edit” at the bottom of the page shown below.

Type the password indicated in your confirmation email in the box labeled “Current Password” then type in your chosen password in the two boxes labeled “New Password” and “Confirm New Password”. Done? Then click “Change Password”. Look at the image below for your guidance. 🙂

 

You will then be asked to re-log in using your new password. Congratulations! You can now buy your first stock online. 🙂

 

After re-logging in and making sure that the market is open (as shown in the upper right corner of the image above), click the “Trade” tab on your homepage and then click “Enter Order”. The page that you should see after should be like that of the image above.

You would be filling in the boxes labeled “Stock Code”, “# of Shares” and “Price” on this page. If you are a member of the Truly Rich Club, then you would already have an idea of what stock to buy. 😉 Not a member yet? Click this if you are interested to become a member.

But you can still use this tutorial even if you are not a Truly Rich Club member. This is for anyone who has a COL Financial account and would like to learn how to buy stocks using his account.

Click the “Stock Code” to get the 3-letter code of the company stock that you want to buy.

For this tutorial, I choose to buy DNL. After typing in DNL in the box labeled “Stock Code”, you will see the image below.

If buying a stock, you only need to look at the “Ask” column and the “Board Lot” or the minimum number of shares of a particular stock that you need to buy. Please refer to the image above.

Note: If you are a Truly Rich Club member, remember to only buy stocks if they are still at their Buy Below Prices.

Let us now fill in the box labeled “# of Shares”. For DNL, one is required to buy a minimum of 100 shares. If one wants to buy more, it should be in multiples of 100.

After completing the step above, next is to fill in the box labeled “Price”. The first row in the “Ask” column is the lowest price being asked by the sellers. In our example, the price of DNL is P10.54, After filling in the three boxes, click “Preview Order.”

The image below will appear.

You would see in the example that the gross amount of the order is P 1,054.00 (100 shares x P 10.54/share) and the total order is P 1076.56 after other charges are added to the order. Type in your password in the box labeled “Enter your password” to confirm the order.

To check if your order was executed, click the “Trading History” tab as shown below.

Click “Show Orders” at the bottom of the page and you will be taken to a page where you would see if your order was executed or just posted. Or, you can choose to wait for COL Financial’s email confirmation the following day to confirm that it was executed. If it was not executed, you will not receive any email from COL Financial. This means that there was no match to your order or all of the shares corresponding to the “Ask” price you quoted were already bought. If this happens, you can choose to wait to buy DNL at the same price (if a seller asks for the same the next time you log in to your account) or at a higher price or maybe a lower one depending on the “Ask” price of the sellers.

And you’re done! That was easy wasn’t it?

But, before we end this tutorial, please click on the “Portfolio” tab. The image below will appear.

The “Actual Balance” is the total amount that you have in your account and the “Buying Power” is the total amount that you can use to buy more stocks. The “Stock Position” shows all the stocks that you have in your account.

Hope that you learned from this tutorial.

Blessings and Happy Investing!

You can share this to your friends if you know that they are interested in investing, too!

P.S. Learn what stocks to buy, when to buy and when to sell by joining the the Truly Rich Club.

How Pinoy Employees and OFWs Can Invest In The PH Stock Market Online

Philippine Stock Market Trading Board. Photo Credit.

If you have always wanted to invest in the Philippine Stock Market online to grow your money,  fulfill your dream of retiring a multimillionaire, etc.  but don’t know how, here’s the answer to your how. Continue reading for the easy to follow step-by-step process.

To be able to invest in the Philippine Stock Market online, you need to open an account with an online stock broker.  A stock broker is an individual or listed entity who buys and sells stocks for an investor.  The Truly Rich Club recommends opening an account with COL Financial, the No. 1 online stock broker in the Philippines today.

Here’s the step-by-step guide on how to open a COL Financial account.

1. Decide what account type you want to open: COL Starter, COL Plus or COL Premium. Note the minimum investment for each type of account in the image below.

COL Financial Account Types

2. Fill out the application form. You have two options for this step. You can fill out the application form online here or download, print out and fill out this application form.

Note: Remember to sign on all signature fields.

3.  Include the following requirements together with the completed application form.

a. Photocopy of a valid Philippine ID (e.g. Passport, SSS, Driver’s license, Voter’s ID) (Important note: Photo and Signature on the ID should be clear). For Non-Resident Foreign Citizens, authentication of a photocopy of one (1) valid passport (Note: photo and signature must be clear) is required.

b. Billing Statement (credit bill, utility bill or bank statement). Recent,no later than 3 months past.

Notes: – For OFWs who don’t have any Billing Statement, a copy of Employment Contract showing the current address would suffice.

– Non-Resident Foreign Citizens are also required to submit Proof of Income with their completed application forms.

4.  Submit completed application form and additional requirements in person or through mail at:

COL BUSINESS CENTER

2403-B East Tower, PSE Centre
Exchange Road, Ortigas Center,
Pasig City, Philippines 1605

You may also have the documents picked up by COL Financial’s messenger if you are within the Metro. Simply call their hotline, 6515888 to request for this service.

5.  Wait for a COL Financial sales officer to contact you via a call or email to inform you of your COL Account Number and status of your application.

6.  Fund your account through the following options once your application is approved or when you are already supplied with a COL Account Number.

ONLINE BILLS PAYMENT

Bank of the Philippine Islands (BPI)
Banco de Oro (BDO)
Metrobank

OVER-THE-COUNTER BILLS PAYMENT

Bank of the Philippine Islands (BPI)
Banco de Oro (BDO)
Metrobank

COL BUSINESS CENTER
2403-B East Tower, PSE Centre
Exchange Road, Ortigas Center,
Pasig City, Philippines 1605

OVERSEAS REMITTANCE

Banco de Oro (BDO)

iRemit (www.myiremit.com)

• The iRemit option has the following benefits:
  1. No need to send a receipt to COL Financial
  2. Faster crediting time
  3. Less charges

Note: *All checks must be payable to COL FINANCIAL GROUP, INC. Please include your Name and COL Account No. at the back.

Resource: www.colfinancial.com

Happy Investing!

Read also: How To Buy Stocks Online Via A COL Financial Account, How Maids Earning P 7,000 A Month Managed To Invest In The Stock Market

P.S. Don’t know what stocks to buy among the 300+ listed companies in the Philippine Stock Market? Getting into the stock market is dangerous without guidance. If you want guidance on what stocks to buy, when to buy and when to sell and be one of  only the 15% of people who earn in the stock market,  join the Truly Rich Club now. This is an exclusive club where Bo Sanchez guides the members on the right and safe way to invest in the stock market through the club’s system of investing called SAM.