Money Magnets - Personal Finance Tips, Advices, News | Mutual Funds | Stocks | Make Money Online

Did you EARN 20% in just 3 WEEKS with $PHEN?

2019-06-24T22:19:00.001+08:00

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I am a Money Magnet! We are Money Magnets!

Did you EARN 20% in just 3 WEEKS with $PHEN?

PinoyInvestor’s Technicals Talk reports are stock reports that provide short-term Buy/Hold/Sell recommendations, together with a stock’s Price Support and Price Resistance level expectations.

This is how they make their members smart and happy — by giving exclusive access to stock trading reports that can help them earn profits or save you from potential losses!

If you trade or invest in the Philippine stock market, you will surely benefit from their exclusive content.

Recently, they recommended a BUY rating on Phinma Energy (PHEN). Back then, the stock was trading at PHP 1.65 per share. It is now trading at PHP 1.99 per share — which means their members who followed this recommendation achieved a GAIN of +20.1% in just 3 weeks!

Right now, PHEN's price is at PHP 2.61. That's 30% more gains for those who held on to the stock until today, June 24, 2019.

This is a promotional post together with www.PINOYINVESTOR.com.

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Shift your Focus - Shift your Life

2018-10-04T14:10:00.000+08:00

Photo by Darius Bashar @ Unsplash

I am a Money Magnet! We are Money Magnets!

"WHAT YOU FOCUS ON EXPANDS." -T Harv Eker

This saying holds true in every aspect of our life. Whatever we focus on will have a tendency to grow and expand. And the inverse also holds true, whatever we do not focus on will stagnate. It is therefore important for us to evaluate where our focus is and if this is aligned with our goals in life.

Here are some examples on how you can apply this in life.

SELF-DEVELOPMENT

Focus on yourself! Keep on growing and learning. When you focus on your growth, you will never run out of ideas. You will live life with enthusiasm. You will never get bored. You will never fail, for your accomplishment is the journey itself.

Focus on developing yourself rather than working on your achievements. When we grow as a person, it is but natural that we also achieve more.

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MONEY BLUEPRINT - Millionaire Mind Intensive Workshop

2018-09-25T13:44:00.000+08:00

I am a Money Magnet! We are Money Magnets!

Place your hands in your heart and feel the vibrations as you say to yourself, "I am a Money Magnet, I am financially free."

You might wonder about this new format where in we ask you to recite with us declarations about being financially free. Aside from invoking the Law of Attraction, this is one of the new processes we discovered while attending the Millionaire Mind Intensive workshop in Manila last September 2018. This is one way to recondition our mind, our money blueprint, and attract financial freedom. Yes, you read right! We have MONEY BLUEPRINTS.

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ONLINE WEALTH SUMMIT - 200 pesos ONLY

2018-09-10T01:34:00.003+08:00

I am a Money Magnet! We are Money Magnets!

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Here's our chance to join the TRULY RICH CLUB ONLINE WEALTH SUMMIT for only 200 pesos!

This wealth summit will feature 3 of Bo Sanchez's WEALTH MENTORS.
Learn from Mr. Edward Lee, Mr. Rex Mendoza, and Mr. Arun Gogna.

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Philippine Stock Market Update - COL

2015-05-11T15:21:00.000+08:00

I am a Money Magnet! We are Money Magnets!

Philippine Stock Market Update

COL Financial recently released their monthly publication called COLing The Shots. In this report, they
highlighted the following points with regards to the Philippine Stock Market and what they think their clients and investors should do:

The correction that everyone was waiting for came by surprise in April and the PSEi is now down by 3.1% from its 2015 high of 8,134. The best explanation for the market’s drop is funds flow. While we are seeing weakness in favored markets such as the Philippines, Thailand and Indonesia, markets in Japan, China and HK are performing well.
Fundamentally, nothing has changed and we remain positive on the Philippine economy. For the said reason, we would like to reiterate our view that pullbacks such as this are opportunities to buy stocks. However, given the significant weakness that we are seeing in Indonesia and other regional markets, there is room to be less aggressive. And since nobody knows where the bottom will be or when the correction will finish, we recommend peso cost averaging instead of lump sum investing, especially when prices hit attractive levels.

COL Model Portfolio (COL Financial Stock Recommendations)

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PSEi To Reach 10,000 in 2020

2015-01-25T21:11:00.000+08:00

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I am a Money Magnet! We are Money Magnets!

COL Financial recently conducted their Philippine Stock Market briefing for 2015. In their forecasts, the Philippine Stock Exchange Composite Index (PSEi) is expected to reach 8,300 by year end 2015! Furthermore, the PSEi is still on tract to hit 10,000 by 2020 at the latest. That gives us Money Magnets a potential upside of 32%!

Here are the highlights of the session:

Liquidity will be the main driver to reach these levels. These inflow of cash will come from the quantitative easing measures in Japan and Europe plus the fact that stocks still remain as the most attractive asset class due to low interest rates.

Learning how to build Wealth from The Ayalas (9th Richest Family in the Philippines)

2014-12-20T18:52:00.001+08:00

I am a Money Magnet! We are Money Magnets!

Great insights we can learn from the Philippine's 9th richest family, the Ayalas.

MANILA – The Ayala family is among the richest billionaires in the country, and they endured world wars, dictatorships, political rebellions and global financial crises to form the largest conglomerate in the Philippines.

ANC On The Money's resident financial adviser Salve Duplito said there are three lessons to learn from the Ayalas:

1) It takes time to build wealth.

The Ayala Corporation was founded in 1834, and its success today took 180 years of hard work.

“When we look at somebody a lot wealthier than us, we must look beyond their big houses, posh cars, huge parties, and lifestyle. Before they got there, chances are they worked hard and long and sacrificed a lot too,” Duplito said on ANC’s “On The Money.”

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Quotes from Successful People

2014-10-12T21:35:00.000+08:00

I am a Money Magnet! We are Money Magnets!

Some quotes from successful people (stock traders, investors, businessmen) that we, money magnets, can learn from.

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. Wall Street never changes, the pockets change, the stocks change, but Wall Street never changes, because human nature never changes." - Jesse Livermore, How To Trade in Stocks.

Backdrop: The monkeys of Batu Cave in Malaysia.

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BPI Feeder Funds

2014-08-12T13:51:00.000+08:00

I am a Money Magnet! We are Money Magnets!

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Not very long ago, Fund-of-Funds type of UITFs were introduced in the market, Now, we have a new type of UITF funds called FEEDER Funds. BPI has just launched its BPI US EQUITY INDEX FEEDER FUND and BPI EUROPEAN EQUITY INDEX FEEDER FUND.

If you are interested in learning more about feeder funds and these new BPI UITF investment products, read on.

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3 Phases of Investing in Stocks - Edward Lee

2014-06-24T19:48:00.000+08:00

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3 Phases of Investing
by Mr. Edward Lee of CitiSecurities and COL Financial

1. Does It Work?

Stocks, over time, outperforms all other asset class!

Does Investing in the Stock Market Work? YES!

The reason behind why companies continue to grow is because GDP continues to grow, driven by consumption and the growing population.

James Altucher - The Ultimate Cheat Sheet For Investing All of Your Money

2014-05-06T17:18:00.000+08:00

I am a Money Magnet! We are Money Magnets!

A comprehensive guide on how to earn passive income and how and where to invest your hard earned money based on the author's personal experience. It is downright honest and full of wisdom. A great read we can all learn from.

A few of our favorite lines:

"Better to just make more with many streams of income so you don’t have to worry about going broke. And then saving will come naturally as you make more money."

"Money is just a side effect of health."

"Here’s the whole thing: stay physically healthy in whatever way you know how (sleep well, eat well, exercise). Be around good people who love you and respect you and who you love and respect, and be grateful every day."

"invest in yourself"

"Invest in experiences rather than possessions.Figure out interesting and unique experiences you can have or places you can go to (but they don’t always have to be places)."

"Books. Reading is the best return on investment. You have to live your entire life in order to know one life.But with reading you can know 1000s of people’s lives for almost no cost. What a great return!"

"Bubbles don’t mean anything. We had an internet bubble in the 90s. Then a housing bubble. Bubbles bubbles bubbles. And if you just held through all of that, your stock portfolio right now would be about a percent from all-time highs."

"Every day give the world at least one more reason to whisper “thank you” to you."

The Ultimate Cheat Sheet For Investing All of Your Money
by: James Altucher

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Mutual Fund Performance 2014 (1st Quarter)

2014-04-03T00:40:00.000+08:00

I am a Money Magnet! We are Money Magnets!

Performance report for all Mutual Funds in the Philippines for the 1st Quarter of 2014 are now available from the (Philippine Investement Funds Association) PIFA site.

Leading the charge this first quarter are the Equity or Stock Funds and Balanced Funds.

4 Equity-based / Stock Funds were able to produce returns above 9%.

First Metro Phil Equity Exchange Traded Fund (9.85%)
Philippine Stock Index Fund (9.83%)
PhilEquity Fund Inc. (9.26%)
ALFM Growth Fund Inc. (9.52%)

A good start for the first ETF available in the country!

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Make The BEST Happen!

2014-03-27T18:52:00.000+08:00

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If we still see MONEY the same OLD way,

How can we expect

our lives to CHANGE?

So ASK.

The more you ASK, the more you CHANGE.

And when you change the way you think about

money,

YOU CAN GET THE BEST OUT OF LIFE.

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Self-Made Millionaire Dylan Wilk

2014-03-25T14:58:00.000+08:00

I am a Money Magnet! We are Money Magnets!

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Self-Made Millionaire Dylan Wilk

Get to know this self-made millionaire who came from modest beginnings in England but made his fortune selling computer games in his 20s.

He's now a social entrepreneur being the CEO of Human Nature. A Philippine-based company that specializes in making organic products made from ingredients sourced within the Philippines.

Be inspired. Watch his interview below.

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Achieving Abundance

2014-03-24T21:06:00.000+08:00

I am a Money Magnet! We are Money Magnets!

In this interview, Bo Sanchez talks about how you can achieve abundance simply by following his 100-10-20-70 Rule. He also talks about relationships, sex, investing in the stock market, and discerning God's will.

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COL Model Portfolio - Stock Market Update

2013-07-23T12:29:00.003+08:00

I am a Money Magnet! We are Money Magnets!

COL Financial Released the composition of their model portfolio last July 10, 2013. The Model portfolio contains the list of recommended stocks from the firm. In the latest release, they removed MPI (Metro Pacific Investments, MER (Meralco), and MWC (Manila Water Company, Inc.) due to "heightened regulatory risks." If you followed their advice, and removed MER from your portfolio right away, you would have been spared the recent drop in the shares price due to SMC's (San Miguel Corporation) sale of MER shares at a discount.

Here's the latest COL Model Portfolio:

COL Financial Model Portfolio

Among these, MBT and BDO probably has the best potential for future gains. TEL is currently rising probably in anticipation of dividends in August.

Pinoy Investor - Technical Analysis

2013-06-24T01:50:00.000+08:00

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I am a Money Magnet! We are Money Magnets!

The team behind PinoyMoneyTalk.com came up with a new site to help Filipino investors learn which stocks to invest in in the Philippine Stock Exchange. This new site is called Pinoy Investor.

Here's what the site is all about

Lessons from Finance Superstar Suze Orman

2013-05-24T16:36:00.000+08:00

I am a Money Magnet! We are Money Magnets!

Personal Finance superstar Suze Orman was in the Philippines for a brief road show, encouraging Filipinos to believe in the Philippines, to start saving, and to finally launch that journey to financial freedom. Here are some of the key points that she imparted during her stay.

On Marriage and Finance

Having a Prenuptial agreement (prenup) is good.
Marry someone who you can freely discuss money issues with.

On Debt

Debt is financial bondage.
You will never achieve financial freedom if you have debt.
Pay off all your debt first before you start saving.
The most common financial sin is Credit Card debt.

Saving is Not Investing

2013-05-09T15:49:00.000+08:00

I am a Money Magnet! We are Money Magnets!

In a recent article from BPI Asset Management, author Kleia Crucero highlighted why in the past 5 years, if you simply placed your money in a savings account or even a time-deposit account, you would have lost a fraction of your money's value due to inflation.

The five year average time deposit rate and 5 year average inflation rate for the Philippines are highlighted in the table below. While your saving's numerical value actually increased, your money's purchasing power actually decreased by -2.49% annually due to inflation.

This article highlights the fact that we should strive to find other investment instruments that can effectively beat the inflation rate. Possible alternatives are investing in bonds, stocks, mutual funds, or Unit Investment Trust funds (UITFs).

Continue reading the article to know more.

Philippines is now Investment Grade

2013-04-05T16:14:00.000+08:00

I am a Money Magnet! We are Money Magnets!

The Philippines is Now Investment Grade

March 27, 2013

The Philippines got its first ever investment grade debt rating from global credit rating firm Fitch.
Fitch upgraded the Philippines sovereign credit rating to BBB- from BB+
An investment grade rating tells investors it is safe to do business in the country and encourages them to put huge capital in the country.

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Wanted: Heroes of Abundance (A Wealth Summit)

2013-01-25T08:00:00.000+08:00

I am a Money Magnet! We are Money Magnets!

Bo Sanchez' Truly Rich Club is holding a Wealth summit on March 1-2, 2013 dubbed "Wanted: Superheroes of Abundance." Here are some of the details from the Truly Rich Club site.

11 Super Things That Will Happen To You At The WEALTH SUMMIT

Here is what you’ll gain at the TrulyRichClub WEALTH SUMMIT 2013. You’ll also find below the Superheroes of Abundance that will rescue you from the financial DANGERS around you:

Explode The Invisible Financial Ceiling Over Your Head. Learn the Habits of the Happy Millionaire! “Captain Abundance” Bo Sanchez (Founder, TrulyRichClub) will defeat financial mediocrity in your life by helping you create patterns of financial success that all multimillionaires practice. Start a financial revolution in your life!

"Promising Returns" Variable Unit Linked Insurance and the PSEi

2013-01-22T10:43:00.003+08:00

I am a Money Magnet! We are Money Magnets!

As we were browsing entries in Facebook, we came across this article entitled "Philamlife lures Pinoys with new insurance-investment schemes." Here's an excerpt from the news article:

Philamlife Lures Pinoys with New Insurance-Investment Schemes
by Edgardo Tugade December 3, 2012.
source: GMANews

The Philippine American Life Insurance Co. (Philamlife) on Monday said it was mostly foreigners who took advantage of the growing Philippine economy by directly investing in industries, while Filipinos kept their money in low-yielding accounts.

Thus, the insurer is introducing new products to help Filipinos benefit from the economic growth of 7.1 percent as measured by the gross domestic product in the third quarter, the fastest growth in South East Asia.

The company is promising returns of at least 8 percent in an insurance and investment plan.

Rex Mendoza, Philamlife president and chief executive officer, said most Filipinos placed their hard-earned money in savings or time deposits which earn 0.375 percent and 2.75 percent per year, and cannot even catch up with the benign inflation rate at 3.1 percent.

As you probably know already, the Philippines Stock Exchange Composite Index (PSEi) has reached a new all-time high of 6,171 this January 2013. As a result, insurance and investment companies are banking on this positive development and are aggressively marketing their investment products. (Read more after the jump)

Seminar: Essential Guide in Money Wise Investments for 2013

2012-11-22T22:26:00.000+08:00

I am a Money Magnet! We are Money Magnets!

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Making money through Internet-based Freelancing

2012-10-14T16:13:00.000+08:00

I am a Money Magnet! We are Money Magnets!

It's finally in the news. A lot of people worldwide, especially in developing countries, have turned to the internet for their monthly cash flow. In this article, Jeremy Wagstaff of Reuters, features Ms. Sheila Ortencio, a former university librarian turned internet freelancer. After earning a meager salary, barely enough to support her family, as a universtiy librarian, Sheila shifted to freelancing using the internet and has since earned enough money to buy a land for a house plus make down payments for a condo unit.

Her story is definitely inspiring. There is money to be made freelancing in the internet. As Sheila put it, it's the independent and modern Filipino family's way of making a living. It's a very interesting read. Read more about the internet freelancing industry after the jump.

How They Made Their First Millions

2012-08-21T16:06:00.000+08:00

I am a Money Magnet! We are Money Magnets!

We came across this article from Money Sense about five entrepreneurs and how they made their first millions. Among the 5, three of the interviewees made their first million through e-commerce or simply by selling stuff in the internet. The other 2 made their millions engaging in real estate. Given the statistics, it seems like these are the industries to look out for if you want to earn those millions and become financially free.

How I Made My First Millions
Highlights from the article by Mr. Heinz Bulos of Money Sense

First Millionaire - Ms. Cynthia Palad-Yap

Made her first million when she was 34 years old in real estate.
Biggest mistake was doing to many things at one time. She learned that it was better to concentrate on one field. When she saw the blueprints of Bonifacio Global City (BGC) she knew she found the right place to sell.
Tips of earning money in the real estate business: study the market well and find out what the market needs and develop the ability to match the need of the market with the need of the buyer.
No. 1 mistake of newbies: Focusing more on the money than the relationship with clients!