My Personal thoughts About Life

Saving Money: Stingy or Frugal (Kuripot o Matipid)

noreply@blogger.com (Anonymous) — Tue, 25 Nov 2014 09:35:00 +0000

Saving money or keeping a portion of your hard earned money to be used for your future financial goal is really makes you a kuripot? Do you believe in it? Hmmm! Saving money when you do it regularly, it becomes a habit and it will become part of your daily life. Because of saving you learn how to budget your salary, you learn to differentiate the wants from needs and most especially you learn how to value each centavo you earned.

It will develop your vision towards your goal, why you are saving money. When you start saving money you minimize your expenses on things that you don’t really need and living a life below your means. Because you realize how to value each centavo you will spend. In some cases you also refuse to lend money to someone else.

But is that enough reason to call you a Kuripot? Sometimes you will feel annoyed and sometimes ashamed of yourself, especially if they will say it in front of the other people 'kahit pabiro pa ito". Maybe you will ask yourself kuripot ba ako? Well, don’t be irritated to what some people saying about to you, because they don’t really understand what you are doing. Also, they don’t know what the real kuripot is? Kuripot is depends on how a person behave and act on spending his or her money. Actually, there is a good and bad side of kuripot. A word kuripot or stingy are synonyms of the English word “miser” which is defined by Wikipedia as;

A miser is a person who is reluctant to spend, sometimes to the point of forgoing even basic comforts and some necessities, in order to hoard money or other possessions.

So, kuripot can be called to a person who refused to spend money even for his or her own benefits. You work hard to earn money for your comfort and then you will not spend it even for your own benefit. If you become a slave of your money, you’re living like a miser in which you can be called a kuripot. But if you refused to spend money on the things you don’t really need, you are just a wise person thinking the right decision before spending your hard earned money. It means you are a frugal person or matipid in which Wikipedia defines frugality as;

Frugality is the quality of being frugal, sparing, thrifty, prudent or economical in the consumption of consumable resources such as food, time or money, and avoiding waste, lavishness or extravagance.

Let say that kuripot has good and bad side. The bad side of kuripot is the person who is living a miser's life. A person refused to spend money even for his or her own comfort. Also, refuse to help others, even it is an emergency or life & death situation.

While, the good side of kuripot is living in a frugal way "wais or matipid" knows how to control his or her way of spending, knows to separate the needs from wants and a person who has no hesitation to extend his or her hands to others in time of emergency situation.

Next time, don't be upset for what others will say to you at least in yourself, you know that you are a good side of kuripot. So, if someone says to you "kuripot" just smile and say "matipid lang". Continue your goal of saving money, but don’t just saving it, also learn to invest your money. Because through investing, you are not only allowed your money to grow, also you make your money work for you.

Before I end up, let me ask you a question are you in a good or bad side of kuripot? Please write your answer in the comment box below. Again, thank you for visiting my blog and see you in my next post. May god bless you!

Also Read:

The Importance of Writing Down your Expenses
The Importance of Building your Own Emergency Fund
Is it Important to a Couple to have the same set of mind in Terms of Financial Matter?
An Advice for OFW before leaving our Country

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They inspire and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here to sign up.

Is it Important for a Couple to Have the same Set of Mind in Terms of Financial Matter?

noreply@blogger.com (Anonymous) — Wed, 12 Nov 2014 08:32:00 +0000

A couple that is compatible with regards to their finances or let say with the same set mind is very rare to find it for now. It is because some couples do not give time to talk about it, some are lack of idea and not aware about their financial situation. In addition, sometimes one of them doesn't have interest to talk about it and just say “Ikaw na bahala”. But often this financial matter becomes the reason to have an argument and misunderstanding between a couple. Then, later on sometimes if not settled, it ends up in a worse case. That’s why this financial matter must be taken seriously by a couple and not to be neglected to talk about it.

Well, it is common for us that we let our wife handle this matter. We just give our salary to her and let her drive the wheel to budget all the expenses and saving as well. This is good if one of you doesn't have any idea how to do it, but it is much better if we have a companion than doing it alone and the best companion is your spouse. It is said “Two is better than one”. A Couple should have both Financial aware with the same set of mind in handling their money. It is vital for a couple to have both one goal and understanding about their financial situation. They must discuss each other what is their goal, how to achieve this goal, how they will plan to budget their income and make a saving and all matters regarding their financial. Without discussing and planning it in the end not only your financial will suffer, but your relationship too.

Photo Credit:paperblog.com

It is normal for a couple that they have some argument regarding financial problem or let say they have some misunderstanding about “Money”. If one of you don’t have an idea or understand what their spouse doing, then conflict may arise. But don’t let this argument come to worse instead make it as a challenge to strengthen your relationship. Discussing and planning your finances together with your spouse will give a great benefit in your relationship. It enhances your bonding and gives an enthusiastic effect in your relationship. Being openness to each other and have an open mind is the key for it. Sometimes, I know you can’t avoid disagreement, but the secret here, avoid saying something that could make offend for both of you. Also, both of you must have patience when argument arises and make your tone low with compassion to each other.

Additionally, I will share with you a video from ANC On The Money... ↓

Let me end up my article, with some few questions. Did you and your spouse have both the same set of mind with regards to your finances? I mean, are you both aware about Saving, Budgeting, handling your Income and also in Investing? Did you both discuss and plan how you will manage your income? Or you just let one of you to handle this matter? Hmmm! Feel free to comment your answer or idea to give additional information to others.

I hope you get some tips on my blog about saving, budgeting and investing and again Thank you for visiting my blog and see you in my next post. May god bless you!

Also Read:

The Importance of Writing Down your Expenses
The Importance of Building your Own Emergency Fund
"Ber" Months Na!
An Advice for OFW before leaving our Country

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They guide me and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here to sign up.

The Importance of Building your Own Emergency Fund

noreply@blogger.com (Anonymous) — Tue, 04 Nov 2014 08:48:00 +0000

Every one of us needs to build their own emergency fund. It is very significant to someone else to build this fund because of this main reason it protects our saving and investment. Emergency fund is like a friend that we can rely on. It will save us from worrying and lessen our stress in unexpected major expenses that can happen in our life. Well, I did not say that something bad will happen in your life, but we just have to anticipate the expenses we will use for it if suddenly it happens. Besides, who knows it will happen, that's why? It is better to be prepared rather than become crazy thinking where to get that money. Kaya tama yun isang kasabihan nating mga pinoy “kapag may isinuksok may madudukot”.

Photo credit: usac.ucla.edu

You can use it in unexpected emergency expenses that will happen to you such as suddenly lost your job, suddenly got sick, damage to your property due to the calamity and any other major expenses that you don’t expect. Having this fund you can have a peaceful mind where to get those expenses. You will not be forced to borrow money with a high interest debt, pledge your accessories to pawnshop or use your credit card as the last resort. But remember, that fund is for unexpected emergency expenses only not for paying your debt or any other expenses beyond it.

Financial expert advice, you must have at least 3 – 6 months worth of your living expenses in your emergency fund. Your living expenses are your total monthly expenses you needed in one month. This fund must be put into an account in which it is easy to be liquid or in cash, like in a savings account or in any financial instrument that can be easily to withdraw once you need it.

Additional information I shared with you the video from ANC On The Money: Building Your Emergency Fund.....↓

So the essence of this fund is providing you a back up fund that could save you from worrying, also protects your savings and investment. It protects your saving and investment in a way that you will not be forced to divert your saving or forced to pull out your investment to that unexpected major expenses. First build your emergency fund before saving or if you can build it at the same time much better, then investment will follow.

If you have anything in mind or additional information about the importance of building your own emergency fund feel free to comment. It will give an additional advice and information to others.

I hope you get some tips on my blog about saving and budgeting and again Thank you for visiting my blog and see you in my next post. May god bless you!

Also Read:

Invest Invest din pag-may Time
Money Saving Tips

Stock Market

The Importance of Writing Down your Expenses

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They guide me and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here to sign up.

An Advice for OFW before leaving our Country

noreply@blogger.com (Anonymous) — Tue, 28 Oct 2014 09:48:00 +0000

Being an OFW, we have a mix emotions once we have to leave our country and have to start work abroad. We feel happy, excited, some are worried and the most of all we feel sad. We feel excited & happy because we will have a chance to give our family the life that we dream for them. All of us have one common goal, why we choose to work far from them and that is to give them a better life. We feel worried because we don’t know what will be the life awaits us in the country we have to work. Sad because we have to sacrifice a year without our family with us and start living alone. But keep aside this feeling for a while and think first what you need to do before leaving our country.

Photo credit:smartpinoyinvestor

I have listed some of the things that an OFW must do prior to leave our country.

1. Know the culture and ways of living in the country you have to work.

In your Pre-departure Orientation Seminar (PDOS) you can ask the person conducting the seminar about the culture, climate, foods, ways of living and any other information about that country. Knowing that information will give you an idea how to adjust yourself to that country and will minimize your worried. You can have also an idea on how you will start your budgeting and saving as well.

2. Know your privileges and rights as a Filipino Overseas Worker (OFW).

I share with you a video from ANC on the Money regarding the topic about the privileges and rights of the Overseas Filipino Worker. >>Click link here<<

Video Credit: ANC on the Money

3. Open your own Savings Account.

Having your own savings account is a good idea, because aside from the remittance you give to your family you must also keep a percentage of your income as a saving. Tips, to keep you save in paying the remittance fee, enroll your account into online banking and add the bank account of your love ones if they have. By doing online you can easily transfer money to your love ones without charge of course, this is applied to the same bank.

4. Discuss your salary and how much you will give to your spouse or to your loved ones who will receive your monthly remittance.

This is important to discuss with your spouse or to someone who will receive your remittance to prevent any misunderstanding. Tell them how much your salary and discuss with them how much you will give. Explain it in a better way “Why” that is only the amount you will give to them, but you must have an idea how much their monthly expenses for food, water bill, electric bill and any expenses for one month. Knowing this you can have a reasonable amount of how much you will give a monthly remittance to them.

5. Know your goal while working abroad.

Know your goal, why you need to work abroad, write it down so that you can read it and keep reminding you about your goal. Knowing your goal and writing it is like you are riding in a car that you know where you will go and if you find your lost you can check it in your map.

6. Discuss your goal to your spouse or to your love ones and keep them a part of it to achieve your goal.

Telling your goal to them will let them understand why you need to work abroad. It gives positive emotion to them that make them to be happy. They will also realize how important they are to you. Letting your family involve in your goal will make them appreciate the essence of your sacrifice. They will also realize their important role to achieve your goal and in the end you will find each other working towards a common goal. Doing alone to achieve your goal is good, but it is much better doing it with a companion specially your spouse. Remember that "two is better than one". Not only that, you will both get motivated by each other and it gives a positive outcome in your relationship.

That's it, only few things I can say, so if you have anything in mind or experience about what should an OFW to do before leaving our country feel free to comment. It will give an additional advice and information to our fellow OFW prior to their departure.

I hope you get some tips on my blog, again Thank you for visiting my blog and see you in my next post. May god bless you!

Read Also:

Saving Tips for OFW

OFW: Todays Modern Heroes!

Why We Should Invest?

About Truly Rich Club

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They guide me and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here to sign up.

THE IMPORTANCE OF WRITING DOWN AND TRACKING YOUR EXPENSES

noreply@blogger.com (Anonymous) — Sun, 19 Oct 2014 11:19:00 +0000

Do you know the importance of writing down and tracking your daily expenses? Tracking your expenses is actually the first step to start your budgeting and saving as well. Without doing this you're like a person groping in the dark. I’ll give you some reason why doing this is important. In doing this it helps you a lot whether you do it in weekly or monthly basis. I've been doing this for the past 3 years up to now and believe me it helps me a lot.

Photo Credit:thepeacefulmom

I remember before when I’m not aware of the importance of it, I have always seen my wife before going to bed, holding a ball pen and with here notebook writing all the expenses we consume during the day. When I look close to her notebook I was surprised she writes down all the expenses from fares, bills, groceries and even the expenses when we eat in a restaurant. "Tumatawa ako at sinasabi ko" Anu yan? Meron ka pala diary ng mga expenses natin para saan pa yan? Ha ha ha. She just stares at me, smile and she said. “Para alam ko kung saan napupunta suweldo mo at suweldo ko baka dumating ang araw paghanapan mo ako” ha ha ha. She knows the importance of it, but she did not explain to me because she knows that I will not listen. But after I become aware about financial matters, heard from some financial adviser and read articles about financial literacy. Now I know, the importance of what my wife doing and I’m proud of her.

It is very important that you list down all your expenses daily from small to bigger amount. You can do it in a modern way by using an excel spread sheet or on a piece of notebook. So here are some reasons why writing down and tracking your expenses is important.

You will see where you hard earned money goes.
It gives you an idea how much you are spending per month or week.
You can easily point out which expenses are just wants or needs.
It’s help you to save more by adjusting your expenses.
It gives you an idea on how to budget your salary in the next month so that you will not be over expense.
You can also use that data to challenge yourself to lessen your expenses for the next month.
You can see the progress of your budgeting every month.
It gives you control of your finance.
It shows your financial habits if it is good or bad.
It gives you a feeling that you control money and not money control you.

So that’s it, from the start you will find annoying and difficult, but if you do it regularly it become your habit. If you have some idea to add on how tracking down your expenses helps you. Please share it with us, feel free to comment so that it will give an additional information to others.

I hope you get some tips on my blog about saving and budgeting and again Thank you for visiting my blog and see you in my next post. May god bless you!

Also Read:

How to Start a Savings?
Money Saving Tips
Why We Should Invest?

Where I Should Put My Investment

Truly Rich Club

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 Do you want to gain Financial wealth & Spiritual abundance at the same time? Join us at the Truly Rich Club now! founded by Bo. Sanchez, its purpose is to "help good people become rich". Because of the guidance I get from the Club, I’m now investing in the Stock Market! I’m inviting you to join the Club too. If you’re interested, click the link here → Truly Rich Club.

"Ber" Months na!

noreply@blogger.com (Anonymous) — Wed, 03 Sep 2014 18:05:00 +0000

Ber Months na! We are now at the month of September it means now is the start of what we call it “Ber Months”. Mararamdaman na sa pilipinas ang unti-unting pag-lamig ng panahon lalo na sa umaga at sa bandang hapon. That is because the wind called northeast monsoon or “hanging Amihan” is starting to blowing cold wind in our country. Also, when September comes it's a sign that Christmas is near and you will hear in a radio or television the famous Christmas countdown that makes everyone to be excited. You will see in Facebook Status Update ["ber" months na –feeling excited].....he he he

We all know that when this holiday season comes, our budget & expenses will become double or triple at depende pa yan sa inyong life style. Some of us are planning and thinking were to spend the holiday season, what food to prepare, buying new clothes, appliances, gadgets and etc. We say that this is only once in a year, so you think feel free sa pag-gastos. On one side, yeah! It’s correct for me, there is no wrong to spend in this coming holiday season. But in the other-hand, be sure that it is up to your budget only and up to your limit only, no need to have a credit after the holiday season. It's a painful and shameful situation if that happens because in the end your budget and your income will be out of your control. So, if you have a plan where to spend your holiday and you want to buy something either for you or for your love ones. From the beginning of this Ber months do something unusual, something that maybe for some of us never tried it before. Try to start saving & budgeting for the expenses you will use in the coming holiday season. Yes! You heard it right Saving & Budgeting. Dahil this month ang magandang pagkakataon upang umpisahan ang pag-iipon sa mga gastosin na ating magagamit in the coming holiday season. Nangsagayun hinde tayo mabibigla at magkaroon ng problema kung saan kukunin ang ating gagastosin, mas mabuti yung handa ka. Di ba?

Now, get a ball pen and notebook, write where you will plan to spend your Holiday, how much cost you will use for this including all the expenses for food, fare, clothes, gifts and any other things with the cost involved. Knowing the expenses, it will give you an idea on how and where you will get that budget. You can now start to save and budget your monthly salary to accommodate your plan for the holiday. It gives you an idea how much you will keep after you get your salary for the expenses you will use in the coming holiday season. But of course the money you will save for these expenses is separate from the previous budget & saving you do before. The benefit of doing this, you will not worry for the expenses you will use when holiday seasons come and the other budget will not be sacrificed or affected.

I hope you get some tips on my blog about saving and budgeting and again Thank you for visiting my blog and see you in my next post. May god bless you!

Also Read:

Money Saving Issue for Pinoy!
How to Start a Savings?
Money Saving Tips
Saving Tips for Overseas Filipino Worker

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

Inspiring Article from Bo.Sanchez (Face your Monsters)

noreply@blogger.com (Anonymous) — Sun, 31 Aug 2014 19:36:00 +0000

Photo credit: blogabcmicrocamp.com.br

Hi! Have a blessed day to you my friend, today another inspiring story I would like to share it with you. The story is about how to face your fear that trap you in your own world. Most of us are afraid to take a chance instead they will say "mag-titiis na lang ako o kami ng ganito". Please be careful of using this kind of words because it will become an action, and will give fear to you that will result to a negative reaction to your mind. At dahil sa ganitong mga reasons some of us ay nagtitiyaga na lang kung anu man meron sila lumipas ang mga araw, buwan o taon still they are in the same situation as before. Katulad lang ito ng tumatakbo ka pero hinde ka nagbabago sayong posisyon. Anu nangyari sayo wala tapos napagod ka pa. My friend, it's time to change your thinking think outside the box imagine and feel the possibility that something great are awaiting for you outside.

Please continue to read the story, an excerpt from Bo.Sanchez blog How to Climb your Mountains and Live with Great Abundance....

Once upon a time, a family of frogs lived in a broken-down well.

They lived in isolation, content with their tiny puddle of water. Sometimes, it got murky and crowded, but no frog dared to leave home. Why? Whenever someone would dare leave, everyone would warn him, “There are monsters outside!”

And so for many generations, these frogs were stuck in their little world.

Until one day, a little frog had a dream—to live outside the well. In his mind, he saw a big pond of water. Lots of open space. The vision excited him so much.

He would tell his friends about his dream, but they would tell him: “We had a great-great-great grand uncle who went out and never returned! He must have been gobbled up by the monsters!”

But the little frog didn't see the monsters.

He only saw his dream of a big pond.

Finally, he made up his mind. Without any warning, the little frog jumped as high as he could. He landed on top of the well. All his friends below shouted, “Come back! You’ll be eaten alive!” But the little frog hopped out.

And what he saw blew his mind. Almost right beside the well wasn't a big pond. Instead, it was a giant lake—a million times bigger than their tiny puddle.

Friends, face your monsters.

Many of us are trapped in our little worlds because of fear.

God has bigger blessings in store for you outside your walls.

How did the frog jump out of the well? Before he saw the lake with his eyes, he already saw the lake within him. He felt it in his heart.

"What you see with your heart, you will see with your eyes."

So that's it, each of us are given by god a wonderful blessing sometimes we need to feel it, appreciate it and cultivate it deep in our heart. Don't let your fear trap you in your own world. Don't be afraid to face your monsters and think that something great is awaiting for you outside your world.

"Fear is only in our mind if we confront it and discover how to conquer it, we will gain courage and trust to our self to face whatever challenges we encounter in our life."

I Hope you are inspired & motivated in this great story by Bo.Sanchez, to read the whole article click here..

Thank you for visiting my blog and see you in my next post. May god bless you!

Also Read

Plant In The Spring Or Beg In The Fall

Do You Want Success? Stop The Blame!

Money Saving Issue for Pinoy!
OFW Today's Modern Heroes

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

The Two Ways to Invest in the Stock Market

noreply@blogger.com (Anonymous) — Sat, 01 Feb 2014 07:10:00 +0000

Do you want to invest in the Stock Market? But you don't know How? Let me share with you the two ways on how you can invest in the stock market. There are two ways to do it either directly and indirectly. It is in your choice, kung saan ka mas comfortable at kung saan ka masaya he he he. Pero kung ako tatanungin mo I do it directly, because I want to do it by myself at matutonan na gawin ito. Also to satisfy my curiosity dahil bakit yun iba nagagawa nila so tayo magagawa din natin yun. What are these two ways to invest in the stock market and how to do it are the common query for the beginners in the Stock Market. For some of the answer and explanation, I share with you an excerpt from Bo.Sanchez blog How To Be A Billionaire he explain the two ways of investing in the stock market. To know further about it continue to read...

Two Ways of Investing in the Stock Market or Equities

How do you invest in the Stock Market?

You can do it Directly and Indirectly

You can invest indirectly through a Mutual Fund Company.

There are many great ones around.

On average, you’ll earn 12% or more.

The key is to do this long term. That means for ten years or more, invest every month a small amount of money.

Or you can invest in the Stock Market directly.

If you put small amounts of money every month, buying stocks of great, solid companies (no penny stocks, please!), you can grow at 20% on average every year over the long-term. Again, only if you do this for ten years or more. Disregard the lows, the crisis, the recessions. Just keep investing when others are panicking. Sow in time of famine!

Some people will tell me 20% is an unrealistic number.

Not true. It’s really quite simple. In plain English, I teach people how to do it myTrulyRichClub. (More on this later.)

But the key is discipline.

You have to be consistent in investing every month your small amount of money.

How small?

My house helpers invest in the Stock Market already.

That’s how small.

A True Story

My three house helpers now partly own Ayala Land and Manila WaterCo. Because they invest in the Stock Market.

How did they do it?

They changed their mindset.

They now have a goal: To retire with P5 Million in 20 years.

And I taught them a very simple system.

Each week, I meet my driver and my three helpers for prayer, sharing, and bible study. In these meetings, I coach them spiritually and financially.

For years, I noticed that nothing is left in their salaries. All their money goes to their families back home.

So I taught them a very simple system that changed their lives. If they can do it, you can do it too.

I discussed this system fully in my Ebook, My Maids Invest In The Stock Market… And Why You Should Too!

If you’re a TrulyRichClub member, you already received this.

Every month, I also send to my TrulyRichClub members a Stocks Update.Through it, I tell them what Stocks to buy, when to buy them, and when to sell them. To join, simply log on at www.TrulyRichClub.com now.

Warning: There are many scams out there that lure ignorant people from their hard-earned money and run away. Please be careful. If you have any questions, I've provided email addresses below for you to email.

Are you ready to change your financial life?

Let me end by giving you step-by-step instructions on what to do next…

Instructions:

Step 1: Invest 30% of your Income, Live on 70%

Why 30%?

First, invest 10% in the Kingdom of God. This is your investment for eternity. Tithing is your greatest investment. You tithe to the spiritual family that nourishes your soul.

Second, invest 20% into your Retirement Fund. For most, it’ll be in Mutual Funds or the Stock Market. For a few others, it’ll be in business and properties.

And then live on 70% of your income. Simplify!

Step 2: Invest First Before Spending

That’s why the Bible says to give Him the “first fruits”.

When your receive your salary, set aside your 30% right away. Don’t spend first and then invest what’s left. From experience, nothing will be left.

Step 3: Choose Between Mutual Funds or Stock Market

If you have fifty million or more, and if you’re sixty plus years old, I’ll point you to Bonds and even Banks to keep your money.

But for the rest of us, choose between Mutual Funds or the Stock Market to invest your long-term savings. By long-term, I mean 10 years or more. Each month, you add. But you don’t subtract. Call it your Retirement Fund to brainwash your mind that you won’t touch it.

What’s the difference between Mutual Funds and the Stock Market? In Mutual Funds, you pay a company to manage your funds. Like Philequity or Prudential Optima or ATR Kim Eng and Sunlife Financials or Philam Asset Management… For a small management fee, they take care of your investments. Many insurance companies also combine insurance products with investments, and you can look at those too.

But if you invest in the Stock Market directly, you manage it yourself. Obviously, you earn more if you learn to invest well.

And yes, you can also do both.

To avoid confusion (and to avoid scams), I've written down some resources for you to call or email below.

Mutual Fund Resources

If you like to invest in Mutual Funds, you can email my friends Lyndon Malanog and Fely Santiago. They’ll be happy to assist you. You can email Fely at fely.santiago@gmail.com or Lyndon at lyndonmalanog@yahoo.com now. They can also help you grow in your financial journey by giving you more opportunities to learn.

Stock Market Resources

If you’re interested in investing in the Stock Market directly, you can log on at www.citiseconline.com and attend their seminars. Or call them up at Tel. 6333777. For more information, you can also email helpdesk@citiseconline.com.

If you want my personal guidance on investing in Stocks, join my private group called TrulyRichClub. Each month, I email you a Stocks Update, giving you in plain English (no financial jargon) how to grow your Stocks investments. I tell you what Stocks to buy, when to buy them, and when to sell. Our long-term goal is 20% growth or more every year. To join, log on atwww.TrulyRichClub.com now.

Do It Now

Last week, a 5-year old little girl came up to me and showed me her prayer card. She wrote, “I want to earn P1 Billion.”

If you showed that card to another Preacher, he would have patted the child on the head and say, “Be realistic. Aim for a lower number.”

Worse, another preacher would have said, “Little child, don’t dream of becoming rich. Stay poor and God will be pleased.”

You know what I told her? I told her, “Your dream will come true.”

I don’t only say that with faith.

Because today, I taught you how to express that faith through works.

Sometimes, people blame God for being poor.

Sometimes, they say that to be poor is their fate.

Some people even think God wants them to be poor to learn humility and total dependence on Him.

That’s all rubbish.

Because God has placed abundance in your finger tips.

God has given all that you need to prosper.

If you’re young, you can become a billionaire.

If you’re not so young, you can still become a multi-millionaire.

Today is the day that your life can change.

Make a decision that enough is enough.

I repeat: Don’t wait for better times before you invest.

The best time to invest is when your money is small.

That 5-year old girl has to invest now.

Grow your money.

Start investing.

May your dreams come true,

Bo Sanchez

PS. Avoid Confusion. Get guidance. Join my TrulyRichClub. Every month, receive my WealthStrategies Newsletter, my PowerTalks, my Stocks Updateevery month. Immediately, you’ll also receive my Ebook, My Maid Invests In The Stock Market… And Why You Should Too! To join, log on at www.TrulyRichClub.com now!

So that's it, hope you learn something here about investing in the stock market and give you an information on how to do it. You don't need to have thousand or million of pesos to start investing in the stock market, it is always better to start it slowly but regularly. Also, do it Now! Not later because in investing, time is our greatest ally. It doesn't matter the amount of money you have today or income you have. The key is how you manage or budget your monthly income. Friend, start learning how to Save & Invest for your future today!

Thank you for visiting my blog and see you in my next post. May god bless you!

Also Read:

Where I Should Put my Investment?

Why We Should Invest?

Question & Answer About the Stock Market

How to Open & Fund your COL Financial Account

About Truly Rich Club

P.S. Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

Photo Credit: arihantcapital.com

Investing through Mutual Funds

noreply@blogger.com (Anonymous) — Sun, 12 Jan 2014 12:01:00 +0000

Ano ba itong mutual funds at paano mag-invest dito? I will share with you one of the investment vehicle na kung saan pwede mo iinvest ang iyong pera to make it grow at ito ang mutual fund. Kung gusto mo maginvest sa stock market pero wala ka time to study at pagaralan maginvest directly sa stock market, don't worry you can still invest sa stock market through Mutual Fund.

What is a Mutual Fund?

Mutual Fund ay yung pinagsamasama na pera from the different investor like us and invest in the different types of mutual funds such as bonds, equity or stock market, balanced funds & money market funds. The money you invest in the mutual funds is managed by a professional fund manager. You entrust your money to the fund manager to keep it safe & make it grow.

Types of Mutual Funds

Here are some types of mutual funds to give you an idea, but there are other types not mentioned because it depends on the mutual fund company.

Equity or Stock Funds

These funds invest primarily in the shares of publicly-listed corporations. The fund objective is capital appreciation or long-term capital growth. Ito ay isang type of mutual funds kung saan makakapaginvest ka sa stock market at yung pera na iinvest mo dito ay pangmatagalan, kaya yun ilalagay mo na pera dito ay yun pera na hinde mo gagamitin 5 years or more from now.

Bond Funds

Bond funds invest primarily in fixed-income securities issued by the government or large corporations. Examples of fixed-income securities include bonds, Treasury bills, and Treasury notes. The objective of the fund is to provide current income that is consistent with preservation of capital and liquidity. Ang pera na iinvest mo dito ay ipapautang sa gobyerno o kumpanya kung saan tutubo ito ng fixed interest for a defined period of time.

Balanced Funds

Balanced funds invest in a mixture of equities and fixed-income securities. The goal is to provide total return consisting of a high level of income that is consistent with preservation of capital, liquidity and long-term capital appreciation. Yung pera na iinvest mo dito ay ilalagay ng fund manager sa iba-ibang type katulad ng equity funds, bond funds at money market funds hinde lang sa iisang types of fund.

Money Market Funds

Among the four types of mutual funds in the country, money market funds provide the least amount of risk. Its goal is to provide current income by investing in short-term securities with portfolio duration of one year or less. These may include short-term government securities, special deposit arrangements, and time deposits, among others. Kung ayaw mo ng matagal na paghihintay at kelangan mo yun pera makuha kagad, ito ang pwede sayo pero mas maliit ang kita mo dito compare sa ibang types of fund.

How you will earn in Mutual Funds?

You will earn money through price appreciation in value of the assets owned by the fund, the dividends and interest it receives from the securities held. These incomes are then passed on to the investor less fees and fund expenses. Investing in a mutual fund, you are buying shares of the particular types of fund based on its NAVPS or Net Asset Value per Share. Kikita kapag tumaas ang NAPVS and you will loss kapag bumaba ang NAPVS but you will only lose if you sell it when the price of NAVPS depreciates.

How much is the required minimum initial investments?

You can start investing in a Mutual Fund with a minimum initial investment of Php 5,000.00.

What are the different Mutual Fund Company?

There are many mutual fund companies in the Philippines that offer the different types of mutual funds. To know more about the company and their performance visit the website of Philippine Investment Funds Association www.pifa.com.ph. In terms of regulation, mutual funds are governed by Republic Act No. 2629 (RA 2629), also known as the "Investment Company Act" and are regulated by the Securities and Exchange Commission (SEC).

As a summary, investing in a mutual funds is like riding in a passenger jeep, kung saan pupunta ka sa terminal (mutual fund company) na meron iba ibang ruta (types of mutual funds) at sasakay ka papunta sa destinasyon na gusto mo either malapit lang na biyahe o malayong biyahe ito. Makakasama mo sa loob ng jeep ang katulad mo ang pupuntahan (investor) at dadalahin kayo ng driver (fund manager) sa inyong destinasyon. At katulad din ng passenger jeep kelangan mo magbayad sa driver (fund manager).

A Disclaimer: I'm not a professional financial adviser, I'm just sharing what I learned. To know more about Mutual Fund you can ask or seek a professional financial adviser to further discuss with you regarding the topic.

So hope you learn something about Mutual Fund here in my blog, thanks for reading and God bless to you. See you in my next post..

Read Also:

Why we should Invest?
How Inflation Affects Us?
Investing in the Philippine Stock Market
Question & Answer About Stock Market
How to Start Saving?
Money Saving Tips

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 Do you want to gain Financial wealth & Spiritual abundance at the same time? Join us at the Truly Rich Club now! founded by Bo. Sanchez, its purpose is to "help good people become rich". Because of the guidance I get from the Club, I’m now investing in the Stock Market! I’m inviting you to join the Club too. If you’re interested, click the link here → Truly Rich Club.

Inspiring Article from Bo.Sanchez (You Have A Choice: Drink Now Or Drink Forever)

noreply@blogger.com (Anonymous) — Sun, 05 Jan 2014 11:07:00 +0000

Hi! Have a blessed day to you my friend, today another great article I've read from Bo.Sanchez that I want to share with you. The article is about investing, the money you have today even a small amount if you put in a money pump can produce more money for you. But you have a choice you can spend the money you have today or invest it to let it grow so that it will produce more money for you. The choice depends on you as I always said "You are the master of your own money". To know further about it continue to read the article, an excerpt from Bo.Sanchez blog How To Be A Billionaire.

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 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 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: Bonds, Mutual Funds, Stock Market, 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.

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.

Proverbs 21:20 says, "The wise man saves for the future but the foolish man spends whatever he gets".

So that's it, in our life we have always a choice same as in investing, it doesn't matter the amount of money you have today because this small amount money still have a potential to create more money for you. But you have a choice whether to invest it or spend it.

I Hope you are inspired & motivated in this great article by Bo.Sanchez, to read the whole article click here..

Thank you for visiting my blog and see you in my next post.May god bless you!

Also Read

Plant In The Spring Or Beg In The Fall

Do You Want Success? Stop The Blame!

Truly Rich Club & the Stock Market

Where I Should Put my Investment?
Why We Should Invest?

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

Tips on How to Make a New Years Resolution!

noreply@blogger.com (Anonymous) — Tue, 31 Dec 2013 12:00:00 +0000

Here comes 2014 a new year, a new beginning and a new hope for us to begin our new chapter in our life. It's time for us to set a new goal and write down our New Years Resolution. But be sure that you will stick on it and whatever it takes you will follow it. Otherwise you just lost time & energy without any accomplishment in your goal.

Here are my few tips on how to set your New Years Resolution on the go.

Write it Down

By writing it down you will not forget it. Because every time you can read it and will remind you about your goals.

Don't just "Say it" Do it

Stay away from negative thinking and people saying that you can't do it instead focus on your goal and take action. Don't just say I will Quit my bad habits take an action to accomplish it.

Leave the Past Behind & Learn New Strategy

Whatever happen to your goal last year forget it and consider it a new goal for this year. If your approach or strategy last year didn't work acquire and learn new strategy today to achieve it.

Define the Obstacles

Determine or knows the obstacles that possibly become a hindrance to your goal. Don't just say it, write it down so that you can develop a plan on how to eliminate it.

Tell to Others your Goal

By telling to others your goal it helps you to gain advice and support to achieve it. They can remind you about your goal if suddenly you out of the track and they can suggest to you a new approach to accomplish your goal.

Keep Motivated & Be Inspired

Surround yourself with people that keep you inspired & motivated to reach your goal. Hang out with them and learn from them how they achieved their goal.

So hope you find some tips on how to make your new years resolution here in my blog, thanks for reading and God bless to you. See you in my next post..

By the way let me greet you, Happy New Year to Everyone!

May God Bless you & your family, Happiness, Prosperity & Healthier Life to us.

Older Post you may also like:
Bad Habits Do you Want to Quit?
Money Saving Issue for Pinoy!
Why We Should Invest
How to Start a Saving?

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free →Click HERE!..

Where to Spend your Child Cash Gifts?

noreply@blogger.com (Anonymous) — Thu, 26 Dec 2013 11:15:00 +0000

After Christmas day our child's are so happy opening the gift they received from their ninong, ninang, from their relatives and from some other people that have a generous heart either it is a toy, dress or most of the time a cash gift. All of them are very excited opening their gifts (toys, dress & etc.) and some are busy counting their cash gift. But let me ask you, Who are much excited regarding cash gift the child or the parent? Ha ha ha! I know some parents are the most excited & interested about the cash gift ng kanilang mga anak.

Dahil kadalasan ang nakikinabang o gumagastos nito ay ang kanilang mga magulang. In fairness naman sa iba, alam ko hinde naman lahat but mostly this is the reality. Minsan sasabihin nila sa kanilang mga anak bibigyan lang kita ng ganitong halaga at yun matitira ay itatabi ko para magamit mo din kapag nangailangan ka. Hmmm! Well kapag nakalimotan na nung bata he he he syempre yun magulang na ang gagastos.

Spending the cash gift of your child is an important task of the parent because whether how or where you will spend it will give an important influence to the young mind of your child. What if they ask you? Nanay or Tatay nasaan na po yun pera na pinamaskohan ko.Whatever your answer on this question will surely influence your child's mind. Instead of spending the cash gift of your child for things that is unnecessary and will not benefit your child in the long run. Why not open your child a savings account or advise him to open a bank account? Sounds crazy ba? But this is the best way to spend their Christmas gift and also you teach them at their early stage the importance of savings. They will realize na kahit bata pa sila ay pwedi na sila mag-save sa bangko and I'm sure they will start asking & asking how they can grow their money in the bank. It will make them interested about savings.

So next time they will ask, you know what you will answer. "Nasa bangko anak at magagamit mo ito for your future we will keep it there until it grow and you need it".

Did you know that a child with at least 7 yrs of age can open a bank account using their own names and signatures? Yes! This is true any child who knows how to read & write can legally open a savings account, time deposit, withdraw & deposit using their own names and signatures.

Under Presidential decree no. 734 Section 1. Minors who are at least seven years of age are able to read and write, have sufficient discretion and are not otherwise disqualified by any other incapacity, are herby vested with special capacity and power, in their own right and in their own names, to make savings or time deposits with and with the same as well as receive interest thereon from banking institutions without the assistance of their parents or guardians, the provisions of existing laws and regulations to the contrary not with standing. Parents may nevertheless deposit for their minor children and guardians for their wards.

There is a lot of bank like BDO, BPI, Metrobank, RCBC and any other bank that offered a kiddie savings account program. Visit their website or personally go to their branch near you and inquire about their kiddie savings account program.

"It is never too early to teach your child about savings, the earlier you introduced your child about the importance of savings the better". Teach them that savings are fun.

So hope you find some advice about where to spend your child cash gifts here in my blog, thanks for reading and God bless to you. See you in my next post..

By the way, let me ask a question, as a parent What is your plan to the cash gift that your child received? Share your thoughts....

Read Also:
Your Christmas Bonus Spend it Wisely!
Why We Should Invest?
Money Saving Tips
Where I Should Put my Investment?

Photo Credit: savemoney.my
Howard McWilliam

GodWhispers (December 24, 2013) Merry Christmas to All....

noreply@blogger.com (Anonymous) — Tue, 24 Dec 2013 05:06:00 +0000

Dear ,

Think of five material things that you really craved for in the past—and you now own. Are you now satisfied with what you have? Or do you now desire something new to add or replace what you already have?

Training you,

God

P.S. “things that matter most must never be at the mercy of things that matter least” (Wolfgang Von Goethe).

Important Note: We do not claim Divine Authorship for the messages in GodWhispers. Please don't take them literally. Read GodWhispers as an art work, reflecting Bo's personal experience with God. Like anything else, it's not for everybody. Thousands love GodWhispers because they say it helps them grow in their relationship with God. But if it doesn't help you, or worse, offends you, we sincerely apologize. We thank you for trying us out. Blessings!

Merry Christmas!

P.S. 1 Merry Christmas to you my friend, I give you a gift not an ordinary gift but I'm sure you it will give you inspiration & motivation to enhance your personal development and to pursue your goal. Click here to claim your gift → http://ambin16.blogspot.com/p/blog-page.html

Opps! Another gift, subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..and I'll give you a full version copy of Bo. Sanchez Great Books "My Maids Invest in the Stock Market and Why you Should too"

P.S. 2 Do you want to gain Financial wealth & Spiritual abundance at the same time? Join us at the Truly Rich Club now.. Founded by Bo Sanchez, its purpose is to “help good people become rich”. Because of the guidance I get from the Club, I’m now investing in the Stock Market! I’m inviting you to join the Club too. If you’re interested, click the link here Truly Rich Club

Inspiring Story from Bo.Sanchez (The Only Way To Build Wealth Over Time)

noreply@blogger.com (Anonymous) — Thu, 19 Dec 2013 12:17:00 +0000

Hi! there have a blessed day to you my friend, today another great article from Bo. Sanchez that I have read I want to share with you. Building wealth does not require to have a big income or salary to achieve it. It requires patience, hard work, right attitude, determination and learning about how to grow your income. Here are the three things that Bo. Sanchez explains on How to Build Your Wealth Over Time;

1. Receive (Regular Income)

2. Retain (Simple Lifestyle)

3. Reproduce (Financial Literacy)

1. Receive (Regular Income)

If you want to become rich in your old age, the first requirement is to receive a regular income today.

Here’s the shocker: To build wealth in your old age, you don’t need super income, you just need steady income.

A lot of people think that income and wealth are the same. They’re not. A big income doesn’t equal big wealth.

Let me tell you about Jack (not his real name). When I met him, he was President of a huge company and earning much more than P500,000 a month.

His income was big. But so was his lifestyle. Jack drove luxury cars and travelled around the world. Always first-class. He had a mansion in a plush subdivision. Everyone around him knew he was wealthy. But they were wrong.

Because throughout his working life, the most he saved was one million pesos. (That may be big for you and me, but to him, one million will last two months.) Why didn’t he save? Because he was banking on his fat retirement pay. Reason: He worked in that company for 20 years.

True enough, when he retired, Jack received P10 Million.

But he never changed his lifestyle. After only 2 to 3 years, he woke up one day with all his money gone. Soon, he sold his cars. Soon, he was asking money from his children.

What happened?

He did Step 1. He received an income.

But he never did Step 2 or 3.

2. Retain (Simple Lifestyle)

People say money can’t buy you happiness. I agree.

But face it, happiness requires a minimum level of money. I don’t live in Lala-land. We’re human beings with physical bodies that need stuff to survive and be happy.

But the other side of the coin must be pointed out as well. After we reach our “Happiness Point”, more stuff won’t make us happier.

When it comes to possessions, I’ve reached my “happiness point” a long time ago. Any more possessions won’t make me happier. In fact, I believe the opposite happens: After reaching my happiness point, more possessions will lessen my happiness. (See graph below.)

Where Is Your Happiness Point?

Why does this happen? Because more possessions will mean more clutter, more stress, more worry, more envy, more costs, more taxes, more insurance…

Jack, the former company President, spent all his income. Like many people, he was enslaved by the hypnosis of materialism.

To avoid the hypnosis of materialism, don’t swallow the world’s definition of “Rich.” You need to define what it means to live a “Rich” life.

Let me give you an example…

Does Your Pail Have A Hole?

Building wealth is like collecting water in a pail.

If there’s a hole in the pail, the water will just drip out—and you won’t be able to collect any water.

That hole represents materialism.

What do you need to do? Plug the hole. And the only plug that can cover that hole is simplicity. If you don’t live simply, money will keep going out of the hole.

But alas, even simplicity isn’t enough. Plugging the hole in your pail isn’t enough. You need to constantly put new water into your pail…

For that, you need the third element…

3. Reproduce (Financial Literacy)

Retaining your money isn’t enough.

Why was Abraham wealthy? He didn’t only retain, he reproduced. The Bible says,Abram had become very wealthy in livestock and in silver and gold. (Genesis 13:2) At his time, wealth was measured by the heads of cattle, sheep, and goats that you had.

Here was their rule to wealth: If you wanted to become rich, don’t eat or sell all your animals. You have to keep some of them to reproduce after it’s own kind. The more animals you reproduce, the richer you become.

One sheep can give birth to one to three lambs every year. That’s a growth rate of 100% to 300% a year.

The secret of wealth is to keep your wealth reproducing after its own kind.

Where Do You Invest Your Money?

I’m not asking you to buy cattle, sheep, and goats. Times are different today. There are only three places to invest your money: Paper Assets, Business, and Real Estate. (Note: Paper Assets mean the Stock Market and Bonds.)

Not everyone can start a business or buy an income-generating property now. (In time, yes, through financial education.) But I believe you can invest in Paper Assets now. Out of the three kinds of investments, it’s the easiest investment to make in your life.

Specifically, if it’s a long-term investment, I encourage you to invest in the Stock Market. I don’t believe that you should trade. That’s dangerous. I’m talking about putting 20% of your salary each month in giant companies for years—disregarding the ups and downs of the market. If you follow this simple system, the Stock Market is the best, safest, and most effective way to build your wealth in your old age. (I teach this powerful system of investing. To watch me talk about it, click here.)

I know that’s a controversial statement, but suspend your doubts and hear me out first.

May your dreams come true,

Bo Sanchez

So that's it, in summary building wealth does not require big income instead a regular income, then live in a simple life and last learn how to invest to grow your income.

I Hope you are inspired & motivated in this great article by Bo.Sanchez, to read the whole blog click here..

Thank you for visiting my blog and see you in my next post.May god bless you!

Also Read

Plant In The Spring Or Beg In The Fall

Do You Want Success? Stop The Blame!

Truly Rich Club & the Stock Market

Let's talk About SAM in the Truly Rich Club

Question & Answers About the Stock Market

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

OFW: Today's Modern Heroes!

noreply@blogger.com (Anonymous) — Sun, 15 Dec 2013 07:24:00 +0000

Kamusta kabayan! As an Overseas Filipino Worker (OFW) they call us a modern hero or "bagong bayani". Do you know Why? One reason is because we contribute to the economic growth of our country through our remittances. Another reason is we give our family a comfortable way of living back in our country.

A Hero
A hero is a person who is willing to sacrifice all including himself for the sake of others. But we are a hero with a different personal sacrifice for the sake of our family. We sacrifice to be miles away from our family for a several days, weeks, months and sometimes years without no birthday and holiday season to celebrate with them. As we work here in abroad we want to save up to the last centavo of our salary, we live in a more economical lifestyle way of leaving here abroad without recreation to relieve our stress. Our daily life are just continues cycled in this routine; House then Work and House again then Work "paulit ulit lang" to save more money. We think more for our family than to our self.

It is tearful if you experience the situation when you feel homesick, you cannot avoid the tears to fall from your eyes. But thanks to our modern technology today at least we can speak, hear & most of all see them through a webcam.

Other Side of A Hero
Although behind our sacrifice, back in our country we are a hero or "Bagong Bayani" to them. But here in the country we are working Sino nga ba tayo? We are just an ordinary person na nagtitiis at nagtitiyaga lang sa ating mga trabaho alang alang sa kapakanan ng ating mga mahal sa buhay. Not all of us are lucky in our current working condition here in Abroad. Some of us are facing a difficult situation, some are being abused by their employers, some are working longer hours than stated in their contract, and many other situations that become an additional burden to your personal sacrifice. Yun iba nananahimik na lang at pinagtitiyagaan na lang ang kanilang sitwasyon, because of afraid to lose their job and go back to our country ng walang kasiguradohan kung anung nghihintay na kapalaran doon. Some choose to stay here "hangang kaya pa ng katawan ko sabi ng iba" but sometimes they still here hanggang sa abotan na sila ng kanilang pagtanda. Why this is happening? Because some choose to sacrifice himself than to sacrifice the lives of their family.

Be A Hero to Yourself
Be a Hero to yourself also. We can be a hero to them as well as to our self. Think also for yourself because caring for yourself is also caring for them. Some of us once they got their salary immediately they send it in their family. What is left to them? Only a portion of their salary enough for their expenses and living here abroad without any Saving in their hand. They let their family handle the saving for their future. This idea is unrealistic not practical don't just rely on them to handle your saving or your future. Because the only person who is much better to know the value of your earning here is yourself.

Dahil tayo ang mas nakakaramdam at nakakaalam kung gaano kahalaga ang sakripisyo, pagtitiis at pagtitiyaga natin sa ating mga trabaho upang kumita ng pera dito sa ibang bansa.

I did not mean that your family is not thinking in your future or don't care for your sacrifice working abroad. Ganito yun iba na ang sitwasyon kapag hawak na nila ang pera dahil alam nila na next month magpapadala kana naman ulit. So by giving only exact amount will teach them to budget and realize the value of the money you send to them. In addition explain to them your goal, why you need to give them only an exact amount of their monthly budget. Tell them that the money you are saving ay para sa kanila din naman at pagdating ng panahon sila din ang makikinabang niyan. By telling them your goal and involve them in it, definitely you will achieve your goal & your dream as well.

Conclusion
Therefore to be a real Hero you need to be a Hero also to yourself. We don't need to sacrifice our self for a long time or until we reach our old age. By take in charge of your own future, start now to Save and learn how to Invest. Because our work here is not for a long time and we did not know if suddenly will happen. Let me ask you a question; How long do you want to carry your sacrifice? So start saving more & more and Invest it.

"It is better to start it slowly than never start it at all"

Thanks for reading & see you in my next post.
God Bless to you....

Read Also:
Saving Tips for OFW
Why We Should Invest?
Money Saving Tips
How to Start a Savings?
Where I Should Put my Investment?

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

Your Christmas Bonus Spend it Wisely!

noreply@blogger.com (Anonymous) — Tue, 10 Dec 2013 08:31:00 +0000

Did you receive already your year end gift or 13th month pay? But this is well known as Bonus. I know you have so much planned how to spend it. Hmmm! Hinde mo pa natatangap yun bonus alam ko may mga plano ka na kung saan mo gagastosin yun. Like buying a new phone, a new gadget, go vacation, shopping dito, shopping doon and etc.

Pero teka! Before you decide on how you will spend your bonus, please take a seat and read my few tips about how you will spend your bonus wisely.

1. Give Yourself a Bonus First!

I did not mean you buy a latest cell phone or gadget for yourself huh. What I mean giving a payback for yourself that you will be satisfied and you will not feel regret for it. So give yourself a bonus first, something very unusual that for the past year you had not done it before. Like, try to Invest a certain percentage of your bonus to any investment type that you choose in which your money can have a potential to grow.

Oppss! What? Alam ko tataas kilay mo sa suggestion ko he he he. But think of it, if you buy a new cellphone or gadget now after a year the cost of it were surely going down at isa pa wala ka na sa uso dahil a new model that is better from the one you have will be developed. At paulit ulit ka na lang maghahangad na makabili ka ng latest model ng binili mo. Pero kung subukan mo na iinvest ang pera mo and you see that your money is growing after a year I'm sure you will also craving to add more money to your investment.

2. Buy New Appliances Only if it is Needed!

Buying a new appliances is quiet a good decision sino ba naman ang ayaw magkaroon ng bagong gamit sa bahay but think twice or thrice before you buy. Ask yourself if you really need it or you just want it, remember need is different from wants.

Hinde yun gusto mo lang bumili ng new T.V. seat because you see your neighbors, they have a new LED flat screen T.V., although you have a flat screen T.V. and still working in a good condition. Inggit yun hinde needs, so ask yourself first if it is really worthy to buy it. Worthy if you really need it with regards to cost and quality of the item. For example, you need to buy a new electric fun because your old one is not efficient anymore. Umiikot lang pero hinde na nakakapagbigay ng malakas na hangin unlike before noong bago pa siya. Tapos kung ipapagawa mo siya ay malaki pa din ang gagastosin. Bumili ka na lng ng bago nakatipid ka pa sa kuryente. How? You save on your electricity bill in a way, your new electric fun now gives a better efficiency and satisfaction aside from your old electric fun. Which is you consumed electricity with a low efficiency output. I mean, ikot lang ng ikot pero hinde naman nakapagbibigay ng hangin at naiinitan ka pa din sayang lang gamit mo ng kuryente.

Before you buy a new appliances think of it if you really need it and you will save from it. Instead, think to pay your debt if you have, so that in the coming year you have now a peace of mind and you can start your saving.

3. Ask Yourself if You Really Need a New Clothes, Pants & etc.!

Buying a new clothes, shoes, bags & other apparel do you really need these? Yes! Pasko na dapat bago ang lahat, this is one of the Filipino way of celebrating Christmas.

I remember when I was a child, I'm so happy if I have new clothes to wear during Christmas and I feel disappointed if I don't have. Because our parent's cannot afford to buy all of us for a new pair of shoes, shirts & pants for each one of us they just give us only one of either shirts, shoes or pants basta meron lang kami maisuot na bago either damit, sapatos o pantalon at nakakalungkot lang pagminsan kahit isang bago na maisusuot eh wala.

But now, I figure it out that we only need a new clothes or pants during Christmas just because the smell of new shirts or pants it seems to make us feel satisfied and happy. Especially, if someone else will say "bago ahh ganda bagay sayo" you feel happy for it. There is no wrong with it, but before buying a new one, think again if you really need it or you just want it. Bakit ka bibili kung meron ka pa naman na maisusuot na sapatos o damit at kabibili mo lang last month. Why you will buy a new one, even some of your clothes, ay nakatago lang sa aparador at hinde mo naman naisusuot pa. So, before you will buy a new one, ask yourself if you really need it or you just want it, because your bonus deserves to spend wisely.

4. Give Gifts at your Own Affordable Prices!

Celebrating Christmas is the time for giving gifts to your love ones, friends, family, relatives and most of all our godchildren or inaanak. I know that some of us are considering a budget for the gifts and some get it in their own bonus. Yes! Christmas is a part of giving and sharing your blessings. But remember you have to give a gift at your own affordable price only. Yes, your inaanak are expecting to receive a gift from you and if they received it whatever it is they felt happy and satisfied "ganyan ang mga bata".

Unless that sometimes this is what happening;
"anu binigay ni ninong o ninang mo? o kaya magkano binigay sayo ng ninong o ninang mo?" Ay bakit yan lang! ang kuripot naman ng ninong o ninang mo nasa abroad pa naman ang asawa eh ganyan lang binigay sayo. Yun ohh naging kuripot ka na! ha ha ha. You know, this simple question even if it is a joke, it creates a bad impression in the mind of a child. This will bear in their mind at malalayo na ang kanilang pagiisip sa tunay na kahulugan ng pasko. This mentality can be passed to their siblings and up to the next generation.

Consider also your budget, magbigay ka ng regalo yun kaya mo lang at pasok sa budget. Don't give gifts just to pretend your generous, yun tipong gusto mo lang makarinig ng masabihan na galante yan si ninong o ninang at ayaw mo masabihan ng kuripot. Giving gifts is one of the greatest Filipino culture during Christmas. No matter how simple your gifts it is, still it reminds to someone who will receive it the true spirit of Christmas and also it will remind that someone like you remember him.

5. Budget your Noche Buena!

We love to eat good food during Christmas eve something special that we are not often eat. But also consider your budget in buying food & groceries for the Noche Buena. It's a great idea if you buy groceries early because the prices are not rising up yet. Look for a grocery store offering a sale in which you can save. Write down the groceries you need for your Noche Buena before going to grocery stores to avoid buying unnecessary items that you don't need. Also in writing it down it gives you an idea how much it will cost you for that grocery item.

This just a few tips on how you will spend your Bonus wisely, but it's up to you if you will consider it or not. Because in the end you and only you are the master of your own money.

Now after you read all my reminders & tips, let me ask you a question. What is your plan on how you will spend your Christmas Bonus? Share your answer in the comment box below for additional information to others.

Hope you find some tips here and see you in my next post. Thanks for reading & God Bless to you....

Merry Christmas to you and to your family....

Read Also:
Why We Should Invest?
Money Saving Tips
How to Start a Savings?
Money Saving Issue for Pinoy

P.S.1 Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S.2 By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They inspire and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here to sign up.

How Inflation Affects Us?

noreply@blogger.com (Anonymous) — Sat, 07 Dec 2013 13:02:00 +0000

I know you heard about Inflation in a T.V. news or you read it in a newspaper, but maybe you don't care and did not try to understand what it is. Now this is the right time, na dapat makialam ka na at alamin kung anu ba itong Inflation and how to defeat this inflation. Before we go to the topic, I give you a definition of Inflation from Investopedia & Wikepedia;

From Investopedia;
"The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation, in an attempt to keep the excessive growth of prices to a minimum."

From Wikepedia;
"In economics inflation is a persistent increase in the general price level of goods and services in an economy over a period of time."

Sa madaling salita "Inflation" yun tinatawag na pagtaas ng mga bilihin from basics needs hangang sa mga iba pa nating pangangailangan sa ating pamumuhay.

Did you know how Inflation Affects us? I know you feel the effect of inflation, but you just keep quiet and let it pass year by year. Maybe one reason is because your company gives you an increase every year, that's why you didn't care for it anymore. But if you realize it, the increase in your salary is just a money illusion. Why? They gave you increase, but the price of your basic needs also increases.
It means, yun karagdagan suweldo sayo ay sapat lang upang makabili ka pa din ng mga pangangailangan mo kahit na tumaas na ang presyo ng mga ito, katulad ng pagkain, pamasahe, kuryente, tubig at iba pa. The question is? May nagbago ba sa sitwasyon mo ngayon na tumaas ang suweldo mo, wala di ba? paulit ulit pa din dahil ang totoo hinde naman nadagdagan yun kita mo kahit na every year ka nagkakaroon ng increase sa suweldo.

Inflation is silently pulling you down you never notice or expect it, but it slowly brings you down. Even your money in your own regular savings account in the bank also cannot escape from this inflation. See image below from the National Statistics Office (NSO) report of average inflation rate.

I know you will ask and so How this will affect me and my Savings in the bank? I'll give you a simple example.

Let say monthly you save Php 1,000.00 in one year you have Php 12,000.00 Wow! ang laki na ng naipon mo. Let say with interest of 0.375% per year sa loob ng isang taon ang kinita ng pera mo ay Php 45.00. So you have now Php 12,045.00 yan ang pera mo sa bangko sa loob ng isang taon. Pero ito ba talaga ang actual value ng pera mo? Let consider the table above for the average inflation rate for the year 2012 which is 3.2% . To get the actual value of your money for 1 year we add the interest and deduct the inflated cost. [Php 12,000.00 (Total Amount of Saving) + Php 45.00 (interest @ 0.375) - Php 384.00 (Total Amount of Saving x 3.2% inflation rate) = Php 11,661.00 (actual value of your money)].

Note: This is a rough computation it is for illustrative purposes only to show how inflation can affect your savings.

So you see in the sample computation na bumaba yun tunay na halaga ng pera mo and your money is actually beaten by inflation. I just want to emphasize that don't just let your money sleep in a bank, invest it slowly in any investment vehicle that is convenient to you, so that your money truly grow and beat inflation. Start asking & learn the different type of investment option that can truly defeat Inflation. "We cannot avoid Inflation but we can fight back and defeat Inflation by learning how to Invest & where to Invest".

Hope you learn something about Inflation through my blog and see you in my next post. Thanks for reading & God Bless to you....

Disclaimer: I’m not a financial expert adviser, I’m the same as you looking for the best option where I can put my money to make it grow and I found out through investing and now I’m at the stage of studying & learning the different investment option.

Read Also:
Why We Should Invest?
Money Saving Tips
How to Start a Savings?
Money Saving Issue for Pinoy

Subscribe to my blog to receive my latest post directly to your email Inbox it's free>>Subscribe to My Personal thoughts About Life ..

P.S. By the way I joined truly rich club, dahil sa club binuksan nila ang aking kaisipan about investing, saving at iba pa. They guide me and motivate me to reach my financial goal, iniimbitahan ko din kayo to join us click here....

Question & Answer About Stock Market (Part 2)

noreply@blogger.com (Anonymous) — Wed, 04 Dec 2013 05:47:00 +0000

In my previous blog I give you an answered on some questions about the Stock Market like; What is stock market? Who are the participants of the stock market? and How it works? kung hinde mo pa nababasa yun part 1 click here. Today let's consider this as part 2 of the Question & Answer About Stock Market and I know you still have some question in mind about the Stock Market. Like, how much money do I need to Invest, how I will earn in the Stock Market, when is the right time to Invest and etc.

How I will earn in the Stock Market? There are two ways on how you will earn in the Stock Market. 1.) Through Capital Appreciation or an increase in the stock price. Halimbawa bumili ka ng stocks ng company A ngaun sa halagang Php80.00 per stocks after that the price goes up to Php100.00 so the difference is Php20.00 yun ang kinita mo per stocks at kung meron kang 10 shares dun sa company A ang total mo na kinita ay Php200.00. 2.) Through Dividends declared by the company, sa madaling salita kapag nagdeclare yun kompanya ng kita lahat ng mga shareholder or stockholder ng kompanya ay magkakaroon din ng karagdagang kita. They gave it to the investor either cash dividend or stock dividend. Halimbawa kung yun company A nag-declare ng dividend na Php1.00 per share at meron kang 1000 shares you will get Php1,000.00 kung stocks dividend naman at nagdeclare si company A ng 25 % dividend at my 1000 shares ka magkakaroon ka ng karagdagang 250 shares.

You say declared what if the company did not declare a Dividend? The company owners are also a stockholder of their own company, so by declaring a dividend they are also paying themselves.

Meaning of dividend from Investopedia:

Dividend is a distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders. The dividend is most often quoted in terms of the dollar (money) amount each share receives (dividends per share). It can also be quoted in terms of a percent of the current market price, referred to as dividend yield.

How much money should I Invest in the Stock Market? The money you will invest in the stock market is depend on you. You are the master of your own future, just remember that you are investing for a long term. So, the amount of money you will invest is the money you did not need it after 1 month or 1 year. Be consistent with it, if you are already starting a saving divide it and set a certain amount from it to Invest in the stock market. Pwedi ka naman mag-umpisa nang kahit every month Php2,000.00 or more and then every two months buy a stocks. Remember that "it is better you start it slowly rather than not starting it at all". At isang paalala lang bago ko makalimutan, don't put all your saving in the Stock Market because if suddenly happen and all of your savings is in the stock market you will be forced to withdraw it even the value of your Investment is low.

When is the Right Time to Invest in the Stock Market? There is no right time because every time is a right time. Investing in the stock market "time is your greatest ally" the earlier you invest the more time your money grows. See this sample illustration below showing investing of Php5,000.00 monthly. You will see that the earlier you invest the higher your money Grow. So start your investing as early as you can.

Source of Image: PSE Building Wealth with Stock Market

Historically, stocks have offered average returns of 10% to 12% a year if maintained for the long term regardless of economic conditions and market environments.

What are the Cost involve in Buying & Selling Stocks? See the image below for the basic amount of cost in buying & selling stocks.

Source of Image: PSE Building Wealth with Stock Market

Maliit lang ang cost per transaction, see sample below of my transaction as I bought stocks of EEI Corporation the cost is Php9.95 per stocks I bought 100 shares.

Php9.95 x 100 = Php995.00 gross amount or total price of stocks
Add: Stockbrokers fee which is Php20.00, plus vat Php2.40 & other charges equivalent to Php0.15. The total charge of Php22.55, so the Net Amount I paid for this transaction is Php995.00 + Php22.55 = Php1, 017.55 (See sample image below).

Hanggang dito na lang muna, hope you find the answer for some of your question here and see you in my next post. Thanks for reading & God Bless to you....

By the way, kung gusto mo makatanggap ng new post ko directly to your email Inbox → Subscribe to My Personal thoughts About Life it's for free and also you can drop a message to me if you have some question...

Read Also:
Truly Rich Club & the Stock Market
Let's talk About SAM in the Truly Rich Club
How to Open & Fund a COL Financial Account While Abroad
How to buy stocks through COL Financial Online Platform

P.S. Do you want to gain Financial wealth & Spiritual abundance at the same time?

Join us at the Truly Rich Club now! founded by Bo. Sanchez, its purpose is to "help good people become rich". Because of the guidance I get from the Club, I’m now investing in the Stock Market! I’m inviting you to join the Club too. If you’re interested, click the link here and registered Truly Rich Club.

GodWhispers (December 4, 2013)

noreply@blogger.com (Anonymous) — Wed, 04 Dec 2013 05:00:00 +0000

Dear ,

Don’t base your forgiveness on the other

person’s worthiness to receive it. Forgive

because you deserve the peace.

Prince of Peace,

God

P.S. , who do you need to forgive today?

P.S. Do you want to gain Financial wealth & Spiritual abundance at the same time?

Join us at the Truly Rich Club now.. Founded by Bo Sanchez, its purpose is to “help good people become rich”. Because of the guidance I get from the Club, I’m now investing in the Stock Market! I’m inviting you to join the Club too. If you’re interested, click the link here Truly Rich Club

Inspiring Story from Bo.Sanchez (Don’t Try To Look Wealthy (Just Be One!)

noreply@blogger.com (Anonymous) — Sat, 30 Nov 2013 08:57:00 +0000

Hi! Have a blessed day sa inyo...I just want to share with you another great article I've read from bo.Sanchez. Don't try to look wealthy, just be one!.

Photo credit: stacymakescents

How you will describe or tell a person as wealthy?

I know you will say, syempre! kapag nakasuot ng mgandang damit sabi nga nila naka-amerikana, may magandang bahay, may magandang kotse, nakakapagbakasyon sa ibang bansa, may magandang asawa (ha ha ha! hmm biro lang) at madami pa na nagagawa nila na hinde nagagawa ng pangkaraniwang tao. But you know not all them are truly wealthy at yun iba kapareho din natin sila na naghihirap din sa pera. Yup it's true, some of them are wealthy today only because of their good job and have a great position in the company, but what if they lost their job suddenly or got sick and cannot go back to work anymore. Kaya pa ba niya suportahan yun style of living niya kung wala siya investment or business.

You are "Truly Wealthy" if you can continue to live comfortably in your lifestyle that you want without any worrying. Kung magagawa mo na mamuhay ng maginhawa at walang iniisip tungkol sa pera kahit hinde ka na nagtatrabaho at pa relax-relax ka na lang.

So, Don't try to Look Wealthy, Just Be One!

Continue to Read this Article by Bo.Sanchez, excerpt from his blog Practical Soulfood for Successful People......

Do you want to become wealthy?

Don’t try to appear like one. Just be one.

In the bestselling book, Millionaire’s Next Door, authors Thomas Stanely and William Danko were surprised to discover that “real” millionaires in America have very simple tastes. Let me say that again, lest you think that was a typo error: Most REAL millionaires have a simple lifestyle…

In their book, the real millionaire was not defined by how much money he earned but by how much wealth he kept. (My definition is slightly different: The real millionaire is defined by how much wealth he gives away!) Their point? You could earn buckets of cash but that doesn’t mean you’re wealthy. You could earn millions but are still be buried in debt, still have financial worries, and have a net worth of a doughnut—because you’ve been SPENDING it all on deteriorating stuff.

Don’t be shocked, but these authors found out that most of the real wealthy rarely wore designer clothes, rarely lived in expensive homes, rarely had expensive vacations, and rarely bought luxury cars. So where did they put their money? They lived way below their earning capacity, so that they could save more and multiply their money through investments and business.

If you want to be a multimillionaire, I always recommend that you invest at least 20% or more of your monthly income and give 10% of your monthly income to God. To do that, you need to simplify your life.

Check this out: According to their surveys, 66% of the buyers of brand new luxury cars were NOT truly wealthy. Most of truly wealthy kept their cars for a number of years.

According to their research, most of the real wealthy didn’t reside in upscale villages. (One reason was that residing in plush villages would “pressure” them to maintain an upscale lifestyle—something they didn’t want to do.) And most didn’t change homes for thirty years or more.

One of the most startling facts the authors found out: Most of the real wealthy stayed married with one spouse (no divorce, no alimony), and had a good family life. They trained their kids in the values of simplicity, frugality, and hard work.

Question: Are you comparing yourself with your richer neighbors and friends? Give up that nasty habit. Be happy with where you are and who you are.

Don’t try to appear wealthy.

A Budget Is A Theological Document;

It Tells You What You Worship

If you aim for nothing, you’ll get there.

And if you don’t plan how you’ll spend your money, you’ll also end up in the same place financially: you’ll have nothing at the end of the day.

First of all, track your spending. For the next 30 days, before leaving for work, tuck into your pocket a little notebook where you can jot down expenses every time you purchase something. Each new day should have its own page. Tedious? Don’t worry—you’ll get the hang of it after awhile, it’ll be like second nature. Anyway, its just for 30 days. (Extend it to 60 days if you want more information about your spending.)

You’re doing this because you want to know where your money goes. This “diagnosis” will give you the wisdom where to cut back and do some “surgery”.

At the end of 30 days, pull out your tiny notebook and make a spreadsheet. (You can also use your computer for this.) Create categories: Food, House maintenance, Medical, Clothing, Tuition, etc. Pencil down your expenses and viola, what you’ve got is a “spending record.”

If you do this for about two months, you can create a “spending plan” or budget—based on your diagnosis.

One guy who made a spending record for the first time was shocked to realize he could save P3,500 each month if he gave up his after-office-hours snack before returning home. “I deserve this because I work so hard,” he reasoned—until he summed up the yearly savings if he went straight home to his wife and let her feed him from their kitchen.

And remember: The moment you get your salary, give your tithes first and your investments second. If you don’t make these your first payments, trust me, you won’t be able to tithe or invest at all.

May your dreams come true,

Bo Sanchez

PS. Are You Ready To Transform Your Financial Future? Let me teach you how to invest in the Stock Market. It’s risky only if you don’t know what you’re doing. I can teach you how to do it in a simple, safe, and automatic way. Join us in the Truly Rich Club!

So that's it hope you inspired & motivate in this great article by Bo.Sanchez, to see this article visit Bo. Sanchez. ph.

Thank you for visiting my blog and see you in my next post.

May god bless you!

Oops! By the way don't forget to subscribe to my blog and received my post directly to your email Inbox, it's for free>>Subscribe to My Personal thoughts About Life ..

Also Read

Plant In The Spring Or Beg In The Fall

Do You Want Success? Stop The Blame!

Truly Rich Club & the Stock Market

Let's talk About SAM in the Truly Rich Club

GodWhispers (November 30, 2013)

noreply@blogger.com (Anonymous) — Sat, 30 Nov 2013 05:29:00 +0000

Dear ,

Don’t try to change 19 things in your

life. Just choose one habit. Choose something

simple. Because it’s the simple things that

will cause a massive difference in your life.

Your Mentor,

God

P.S. , remember the mustard seed principle.

It’s the smallest of seeds but becomes the

largest of garden plants.

P.S. Do you want to gain Financial wealth & Spiritual abundance at the same time?

GodWhispers (November 29, 2013)

noreply@blogger.com (Anonymous) — Fri, 29 Nov 2013 05:53:00 +0000

Dear ,

When tempted to explode in anger or say a

hurtful word, count to 10. That way you’ll

avoid many regrets, heartache and broken

relationships.

Learn,

God

P.S. , be quick to hear, slow to speak, slow

to anger (James 1:19).

P.S. Do you want to gain Financial wealth & Spiritual abundance at the same time?

Let's talk About SAM in the Truly Rich Club

noreply@blogger.com (Anonymous) — Mon, 25 Nov 2013 09:37:00 +0000

Hi! Kamusta...In my previous blog, nasabi ko sa inyo how SAM Table List helps & guide me in buying my first stocks in the Stock Market. Today let's talk about What is SAM? & How SAM helps the member of the Truly Rich Club? and other related information about SAM.

What is SAM? SAM in short for Strategic Averaging Method it is the method or way of investing used by the Truly Rich Club and it's member. SAM for us, as a member of the Truly Rich Club is like our friendly neighborhood "hmm just like Spider Man" ha ha ha. Yup it is true, and it is very helpful for a beginner investor like me na gustong subukan mag-invest sa Stock Market and to others na walang time to study the market trend and perform technical analysis pero gustong mag-invest sa Stock Market. With Strategic Averaging Method it gives you a light, easy & practical ways of investing in the stock market.

How SAM helps the member of the Truly Rich Club? In this question I give you two answer on how SAM help or guide the member of the Truly Rich Club. But I know you can find many answers to this question out there.

One is through a SAM Table Update, Halimbawa gusto mong bumili ng stocks ngaun pero wala ka idea kung anung stocks ang bibilihin mo. So by just simply logging in to your Truly Rich Club Account, go to members only page and look for the SAM Table and then you have a choice from the list of the recommended company's stock you want to buy, pero sundin mo lang un sinasabi sa column na Action to Take kung ito ay continue to buy pa din.

Take a look in the sample image of the SAM table above. That is what you can see in the SAM table, the column for Stocks Code (short name for the Company of the Publicly Listed Company from the PSE), Current Price (the actual price of the stock on that day), Buy Below Price (the recommended maximum price you can buy the stocks), Target Price (the recommended maximum price to sell the stocks), Expected Growth & Action to Take.

Another answer, with SAM it helps you to maximize your potential income. How? Because of the stock updates, you will see if the particular company's stock in the table is stop for buying. Why Stop for Buying? A simple reason, because the price of the stock is above the buy below price. So, in the Strategic Averaging Method it gives you a buy below price that will help you to maximized yun bawat peso mo naiinvest mo sa Stock Market which will lead you to earn more. We buy a stock at the low price so that we have potential for a higher return when we sell it at the target price. In Addition, you will receive an alert email from Truly Rich Club kung merong biglaang pagbabago sa stocks na nasa SAM Table List. Halimbawa a Sell / Switch Alert buy stock A & invest slowly in the Stock B or Sell Stock A because it reach the target price and they seem that the particular stocks will not go up.

Take note that this stock recommendation, ay hinde basta basta na lang ginagawa o dahil sa yun ang gusto nilang stocks this is carefully studied and analyze through fundamental & technical analysis. This is done by a person who is an expert and a lot of experience in the stock market.

Now I know you will ask; Did Bo.Sanchez makes this stock recommendation in the SAM table list? No, recommended list of stocks from the SAM table list are coming from the mentor & a friend of Bo. Sanchez which is Edward K. Lee the Stock Market giant's and a founder of COL Financial. His name is well known in the stock market industry a man that comes from rags to riches story, you can search his story if you want to know. So imagine in the picture below that you are standing in the two giants.

Excerpts from Stock Market Jump Starter V2.0 by J3 Patiño

In the SAM method we have a five Rules to follow, see below the SAM house rules excerpt from the SAM Quick Start Guide:

1. Invest small and slowly

Invest comfortable amounts. Don’t invest big chunks of money all at one go. Invest small amounts regularly to get good opportunities to buy at low prices when stock prices are down. In other words, invest small amounts to get good average prices overtime. This concept is known as cost averaging. Like what Bro. Bo suggested before, if your money is smaller than P300,000, divide your money
into six parts, and invest each part for the next six months. On the other hand, if your money is more than P300,000, divide it by more than six parts. Perhaps by 12 parts and invest each part regularly.

2. Buy at Buy Below prices

For each SAM stock we recommend, we have what we call a Buy Below Price. This tells us when to buy that stock. As long as the price of that stock remains lower than our Buy Below Price, we continue to buy regularly (every month, every quarter, or every week). You can check the Buy Below Prices of our SAM stocks in our next Stocks Update eReport that will be sent to you.

3. Stop buying when prices go beyond our Buy Below price

When the price of a SAM stock goes higher than our Buy Below Price that means we should stop buying. However, if the prices of our SAM stocks go back lower than our Buy Below Price this gives us a signal to start buying again. We want to be buying at Buy Below prices because we want to buy at attractive prices or valuations. On the other hand, we stop buying when prices go beyond our Buy Below Price to avoid buying at high priced
valuations.

4. Wait for the Target Price. Sell when the Target Price is hit

The Target Price is a projected future price of a stock that we believe the stock will go to or go close to given the performance of the company. This price is used by brokers to estimate the potential growth of a company considering a 1-year point of view.
So after accumulating shares at Buy Below prices, all we have to do now is wait. Like tea that we steep, or wine that we store over time, we wait patiently and let time coupled with the company’s consistent good performance drive up the price to our Target Price.
As soon as the market price of our SAM stock hits or gets close to our Target Price, we sell. This means that we’re selling our shares and we’re locking in our profit. By this time, we’ve already made money! We’re one step closer to becoming millionaires!

5. Reinvest to other SAM stocks

Use the money you made from selling a SAM stock at our Target Price and reinvest it, buying shares of our other SAM stocks that are still priced below our Buy Below Price. By doing this, you’re compounding your previous profit with the potential profit you’ll be making with this new SAM investment. It’s like rolling-over a time deposit in the bank. I’ll talk about the concept of compounding on our next issue. This is another key to making our millions in the Stock Market.

Stick to SAM’s System

This is our treasure map to the millions in store for us. We just need to follow it, follow it to the dot. Follow the system and you’ll make money. It’s that simple. The only thing challenging about it is the discipline it requires. So choose to be disciplined and stick to the system, stick to SAM’s system no matter what, even in times of crisis. One day your discipline will be rewarded.

Look forward to that day!

That is our SAM Rules that we follow, mahirap mag-invest sa stock market kung ikaw lang lalo na kung kakaumpisa mo lang kaya we need a mentor or guidance na makakatulong satin to invest. Like me na ngaun lang naguumpisa mag-invest, I admit it I'm just like a dwarf in the stock market pero hinde ibig sabihin I'll think and act as a dwarf. Right! So, I search a mentor that could help me, guide me, motivate me and change my mind setting to achieve my dreams. That was Bo.Sanchez Truly Rich Club. My friend, take this powerful quote from Isaac Newton "If I have seen further it is by standing on the shoulders of giants".

Ok! Ok! nalaman ko na kung pano si SAM makakatulong sa akin to invest in the stock market. Ngayon paano naman ako makakalapit kay SAM para mabigyan din niya ako ng guidance at matulongan din niya ako. Hmm! ok ganito yun, be a member of Truly Rich Club at dun makakalapit ka na kay SAM kahit anung oras...

Hope your question about SAM in the Truly Rich Club has been answered and see you in my next post. Thanks for reading & God Bless to you....

Happy Investing...

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Read Also:

Question & Answer About Stock Market

Truly Rich Club & the Stock Market

How to Open & Fund a COL Financial Account while Abroad

How to buy stocks through COL Financial Online Platform

P.S. Do you want to gain Financial wealth & Spiritual abundance at the same time?

GodWhispers (November 25, 2013)

noreply@blogger.com (Anonymous) — Mon, 25 Nov 2013 05:32:00 +0000

Dear ,

If you could live in a house that’s peaceful,

clean and happy, why choose to remain in a

residence that’s filthy, unsecured and scary?

That’s what you do when you dwell on things

that are negative, impure and fearful.

Have a great day,

God

P.S. , fix your mind on what's good, true and

worthy of praise.

P.S. Do you want to gain Financial wealth & Spiritual abundance at the same time?

GodWhispers (November 22, 2013)

noreply@blogger.com (Anonymous) — Fri, 22 Nov 2013 07:35:00 +0000

Dear ,

When you have many questions in life, bring

them to Me. I have all the answers.

Waiting for you,

God

P.S. , you may not get your answer right away

but I promise you that in time, all your

questions will be answered.

P.S. Do you want to gain Financial wealth & Spiritual abundance at the same time?