I’m A Year Old Member Of Truly Rich Club

Time flies so fast that I’ve already invested in the stock market for a year already. I know it’s such a short time in relevance to my long-term goal of investing for 20 years. Nonetheless, I couldn’t have made it without the help of Mr. Bo Sanchez and the Truly Rich Club. I’m basically a year old as well with the club since it’s my principal aid in trading with stocks back when I was (still am now) a newbie. I’d just like to share my experience, some of the key points I learned over the months, and an interesting present that you might want to check out.

Thank you Truly Rich Club

Truly Rich Club is probably the first financial advisor of my life. Although the club is aimed primarily at educating members on financial freedom, I was essentially interested with the stock updates only. You should know that for a complete beginner as I, the club was one of those that opened my eyes on the benefits of investing. Though I’m a fan of investing way before I was a member, I appreciate the club’s unique approach, especially the emphasis on thanking the provider for the blessings, also having a positive mindset on most things.

Bo is a magnet. You can easily sense the beautiful person that he is through his newsletter and God Whisper, where he provides members regular quotes that keeps one uplifted. A person who constantly needs positivity may benefit a lot from this. He is also quite transparent with everything especially when it comes to stocks. He shares to you his trades and thoughts on what to buy and when to buy, as well as when to hold or sell. This is basically the reason why I joined the club. However, I have to admit that I appreciate the other bonuses included, such as the video seminars where you can catch up with Bo’s talk and ideas as if you are joining (and paying) those exclusive seminars.

So for a year, even if I were investing 497 pesos each month to become a member, I’d say I’m grateful for the club. The club definitely has a huge role on this investment journey of mine.

What I learned over the year

There are a lot of things I learned about the stock market in just a year. If you would think closely, I’m still a baby to this investment stuff. To add, I’m not even doing my part of research on stocks and how it really works, even not fully exploring the online broker COL financial. I acted as any regular club member would: put up a certain amount of money on a regular basis, preferably monthly, and buy the stocks as recommended by the stocks update from the club. It’s pretty much investing by being spoon-fed. That’s exactly what happened to me, well, for the most part.

Just recently however, a crash happened to the market and from all greens (positive gains ranging from 15 percent to 40 percent) my portfolio all went down to reds (negatives). This came as a shock to me, but nonetheless, a great learning experience. I learned that stock market is indeed unpredictable. I also learned, that the club does not predict much of anything too. So it’s quite a risk to day-trade where you buy and sell on a regular basis. It made me realize the valuable method of buying consistently during a low price and selling when it is high, while still setting both eyes on the end goal, which is long term. Keeping in mind that this sway is temporary and an overall upward trend is prominent when you look at the big picture. Exactly what the SAM method of the Club is doing. I would say I learned a lot and I’m expecting more of this wild coaster ride. If you should know, it’s a perfect time to buy stocks. 

Spreading the Blessings

As a member, I always tried to spread the benefits of being part of the club. I even started a blog series on stock market and about the club to give ideas to people on how the club works. Though I also understand those who are unable to invest 500 pesos a month or basically about 6000 pesos a year to be a member. I mean who would pay for something big and risking when we have our own bills and other expenses to worry, right? But this doesn’t stop me in spreading the blessings. In fact, I have something to offer you just to help you see and appreciate the benefits of the club.

If you are interested, I will email to you, without any strings attached, the previous stocks updates from the preceding months. This I may seem kind of unfair to the other members but I strongly consider this a huge help for people who are still hesitant just because they have zero idea on the matter. I’d like to share probably one or two, of course with confidentiality (I trust you on this), previous stock updates. It doesn’t have to be a recent one. It will probably be a three-month old update. Hopefully, this will give you an idea on what to expect from the club, on how the email looks like, and how you can see yourself benefitting from it. If you are interested with this offer, you can just email me. I’d try my best to respond to you and share to you this opportunity once I see you fit. Also, try to check the recommended online broker.

Thanks for reading this post and hopefully you learn a thing or two. Don’t forget to message me on this page if you are interested with my offer, and I'd really appreciate if you help spread this. I’m hopeful that I won’t get hate comments from other club members who think otherwise. Haha! 

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How To Start Investing in the Philippine Stock Market

I know I’ve been telling people about stock market however, I haven't really fully, even begun, to explain the whole thing. Silly me.

Let me start by saying, “Anyone can invest in the stock market.” Yes, Anyone. Through the help of truly rich club, this post will try to define, basically, what stock market is and how it works.  I’ll try to be as brief and as lay man's terms as possible.

To explain stock market, one just has to think of 3 things
1. buying shares from companies;
2. let the value grow; and
3. selling them on a favored, later time.

First off, the only term you need to focus on for now is stock shares. Stock Shares is basically a piece of a whole. Say a slice of cake, where the whole cake is the value of the public Stock company. Imagine you bought a slice of cake worth 1 peso (because the cake is cheap like that) and the whole cake is worth 8 pesos. With simple math, you get that there are 8 slices of cake for a whole cake. Stock shares are the slices of the cake and that slice of cake is your own share or your own slice. You now have the right of it and also you are now part of the whole. Now imagine that it so happens the cake became so popular and an increase in demand occurred (this means business is growing). Now the cake is worth 16 pesos, which means it is now doubled the original price. Essentially, your slice of cake will worth 2 pesos now. That's the magic of stocks and it is actually as simple as that.

Companies with good business grow their value or worth over time. Of course, some corporations could also go down. The fun part actually comes in choosing which companies to invest in, this part is what most people conceive as difficult, challenging, and confusing. Let me tell you that is quite simple. Really.

COL (CITISEC Online) Financial, the preferred online stockbroker, offers a simple EIP program. This comes from a very simple premise that when you buy stocks on a regular or monthly basis, you eventually build a good portfolio which could then generate good returns in the long run (15 years or so). This of course is possible if you buy on COL’s suggested blue chip company, or the big companies which have very high probability of sustaining and increasing their values in the long haul. I could not further emphasize the importance of starting early if ever you consider investing in stocks.

How much do you need to invest in stock market?

Well, any amount will do. However, you will need to have at least 5000 Php to enroll to the online broker. But don't be confused, this amount is your initial investment and already considered as your trading value. You just have to set aside any amount you can every month for you to continue buying the stocks you love. In addition, I’m glad to share a strategy that will somehow automate the investing system regardless of your cash inflow.

What exactly do you need to do to start investing?

You just have to enroll in Col Financial (previously CITISEC online). You can check their site and enroll to the EIP program (Now called Starter Program), since it’s initial deposit involves only 5000php as I was talking earlier (I'll write more about enrollment process on a next post). It's rather simple and you can enroll anywhere in the Philippines or even outside the country. All instructions are laid out in the site.

The smart way around Stock Market

As mentioned above, the challenge in stock market is figuring which companies to invest or put your trust with. I'm glad to inform you that there is a smart way around this. I won't say it is a definite method since investing, from the world itself, is not a definitive thing. You should be aware that investing always involves risk. However, the truly Rich club, a group in which I am a member for a year now, offers you good financial advice on which stocks to buy. The prolific speaker Bo Sanchez and his trusted advisors head this club. These professionals offer another method of going with stocks. It’s a semi passive approach where you maximize your earnings and utilize in maximum the art of compounding interest in the long run. Here's a post I created about it.

As of now, I would like to strongly invite you and be excited about this investment program. Investing in stocks MAY give you an average of 15 to 20% growth in your money (the range could go negative to 100% to 200% or even more). This is much better than placing your money on banks where inflation easily kills your 1 to 2 percent interest rates.  Moreover, people tend to be afraid of things they are unfamiliar of. This is why NOW is always the right TIME to check on any investment programs and see where you best fit. Time is so valuable. If anyone could do it, you could absolutely do it as well .

P.S. I guess it’s a long post after all but hey, congratulations you just made a big step on your financial awareness today.

P.S.2 You could leave a comment below so that I could inform you about upcoming posts related to enrollment, Truly Rich Club and many more tips. Or you can just email me davevisaya@gmail.com if you want to talk now.

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