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! 😉

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.

How To Save P1000 This Rainy Season

Photo credit: http://500px.com/photo/59139148/save-me-by-alessandra-favetto

Let the gloom in the weather this rainy season stay outdoors. No need to let the dark mood reach your pockets as well, agree? Try these three savings strategies and smile through the end of the season.

Strengthen your body’s immunity. Take your daily dose of Vitamin C in this season of coughs and stifles to avoid visiting the doctor which can set you back a couple of hundred pesos when he charges for consultation fee. Expect, too, to spend more when you are prescribed to take antibiotics which are usually required to be taken for 5 -7 days. Rainy season savings : P 500.00 or more

Bring your umbrella and other paraphernalia used as protection against the elements. How many times have you caught yourself feeling lazy to bring these or failing to bring one because you did not know that the weatherman forecast rain just before going home from work? It is better to always be prepared and save yourself the trouble of going to a mall to buy a new one or approaching an ambulant vendor whose product, though cheap, may turn out to be the disposable kind. Rainy season savings: P 50 – 300.

Turn off the air conditioner. This is the easiest way to cut your electricity costs. Shave a substantial amount from your energy bill the next time you get it when you don’t turn on this appliance or just use the fan if you want it still cooler. Rainy season savings: P 2,000 or more.

Now what to do with your savings? Invest it, of course! Learn how to invest your savings by clicking here.

3 Reasons Why I Will Not Unsubscribe From The Truly Rich Club

Image from http://www.wattpad.com

I have been a member of the Truly Rich Club for more than three years now and I confess that I have contemplated to unsubscribe from it from time to time.

Funny though that every time I will decide to unsubscribe, something happens that prevents me from pressing that goodbye button.

Here are the three reasons why I never continued with my plan to unsubscribe from the Truly Rich Club.

1. Stock Alerts

The Truly Rich Club would send email messages with subjects like, BUY ALERT, SELL ALERT and HOLD ALERT. These email messages serve as the members’ guides on what to do with the stocks they have in their possession. If I unsubscribed from the Truly Rich Club, I would no longer have received these stock alert messages which always arrived in my inbox just in the right time.

It is true that I have access to COL Financial’s research information and I can decide to just buy stocks of the companies in COL Financial’s portfolio but I won’t receive email alerts from them if they recommend to sell or hold a stock in their portfolio. I need to go to COL Financials’ website and check from time to time any new information they have about a particular company’s stocks. Something that I can do only when I have the time and when I remember to check and which I most often do on a whim.

Whenever I would order to sell the stocks I bought recommended by the Truly Rich Club ahead of the sell alert email, I would often than not, receive hold alert emails recommending to hold selling the stock because the target price of the stock will be upgraded. What I do when this happens is to immediately cancel my sell order and patiently wait for the new target price. If I did not receive those stock alerts then I would have lost opportunities to profit more.

Note: Buy, Hold and Sell only through the Truly Rich Club‘s recommendation and do not do as I often did before which was to Buy and Sell ahead of the club’s recommendation.

2. The Quarterly Truly Rich Club Gold Mastermind

I received an invitation in the first quarter of this year to join the first ever Truly Rich Club Gold Mastermind. It is a venue where Truly Rich Club Gold members can meet each other in person and all the members get to meet Truly Rich Club Platinum members who are entrepreneurs generous enough to share their individual journeys to success in the world of business.

We were able to be in a room with like-minded people where we learned how to create other income streams.

There was an attendee at the time who I think was blessed more than what he hoped for because he was planning to put up a gasoline station included in the ‘big three” gasoline stations in our country but one of the presenters who happened to own a gasoline station before discouraged the attendee from doing so because it is not profitable to put up one at present. The attendee was given another more profitable business idea in the same industry to consider.

Another entrepreneur speaker let the attendees in on how he established an online shoe store which has sold more shoes than the brands being sold in the malls.

If I unsubscribed from the Truly Rich Club then I would have missed this exciting event exclusive to Truly Rich Club members. I would have missed growing and expanding my knowledge on how to create multiple income streams.

3. Everyday Prayer Intercession by Bo Sanchez

I was reminded of  this by a friend when I went to the Kerygma Conference last year. We were catching up with each other when she led me to an article in the newsletter that was distributed during the event. In the article was an image of Bo Sanchez’ maid who already has more than half a million pesos in the stock market.

What struck me was what my friend said, “This is not impossible because Bo Sanchez prays everyday.”

This reminder sealed the deal.

I almost forgot what Bo Sanchez has promised that he will pray for the Truly Rich Club members everyday. He will always pray for our abundance and success. And looking at the positive status of my stock market portfolio now, I know that he has kept and will keep his promise to pray for us everyday. This reason alone is powerful enough to stop me from unsubscribing from the Truly Rich Club. 🙂

I would love to hear from you. Please feel free to give your feedback in the comments below.

Click here to join or resubscribe to the Truly Rich Club.

Blessings! 🙂

How To Grow Your Money In The Stock Market Using The Turtle Strategy

Photo Credit.

Someone from my Facebook page, Pinoy Employees and OFWs Can Invest In The Stock Market, asked me for a sample computation how much his money would earn if say, he invested P 5,000.00 each month in the stock market.

I gave him a sample computation illustrated in the image below.

The Turtle’s Way of Investing In The Stock Market

I showed him how members of the Truly Rich Club invest in the stock market. We call the system, SAM or Strategic Averaging Method. To avoid nose bleeding, we simply refer to the strategy as the “turtle” strategy.

The system is similar to a turtle’s slow movements.

Small amounts are invested each month. Or, buying stocks in tranches.

Investors buy only recommended stocks which are at their BUY BELOW PRICES.

Investors stop buying the recommended stocks when the stocks’ prices are above the BUY BELOW PRICES.

Investors sell when TARGET PRICES are reached.

The system is sometimes perceived to be B-O-R-I-N-G. But, boring is winning! The risks are minimized when this system is used in investing in the stock market.

From the sample computation above, it is better to put your retirement fund in the stock market rather than the bank, don’t you think?

Click here to learn more about the Truly Rich Club.

Happy Investing!

Please feel free to post your comments below. 🙂

Words of Wisdom by Abraham Lincoln

Words of Wisdom by Abraham Lincoln

This is a post on Truly Rich Club’s Facebook page shared by one of my friends.  I agree with everything that  Abraham Lincoln wrote and I felt it would be selfish of me if I don’t share it so that more will benefit from it.

How about you? Do you agree with what A.L. wrote?

Please feel free to share this as well.

If you want to become truly rich, click here.