Showing posts with label stockmarket. Show all posts
Showing posts with label stockmarket. Show all posts

Why Join The Truly Rich Club?

Truly Rich ClubOn my previous post All About Investing in Stock Market, I have mentioned truly Rich Club a couple of times. This next post will give you the reasons why joining this club headed by Bo Sanchez could lead you to your success in the Philippine Stock Market and probably other aspects of your life.

About the club (more likely)

To be honest, I don't really know much about the club when I started. I mean who cares about history anyway? However, it would still be better to know even just a bit about it, especially for those who don't easily trust (which is perfectly normal by the way).

Truly Rich Club started 2010. This is the year when they released their very first stocks update. You might be wondering why the club is still so young. Well, it's because Bo Sanchez became financially successful just recently. He started to invest in stocks market with the helped of a core group of stock advisors and analysts, which is also the team providing the stock updates today. At that time, Bo could not imagine how he was so blessed and gained so much in stocks that he decided to share this knowledge to everyone. He thought that if he could do it, then anyone could.

The club aims to amplify people's wealth awareness by sharing established concepts of prosperity and financial freedom yet still rooted from biblical principles.

I'd like to give a heads up that Bo, being a spiritual leader and firm believer, may usually link his products with faith. If you are not particular with this or if you'd love that, then that's great. But if you don't share the same views on the doctrines, then that's perfectly fine since you can just go ahead and tick only stocks updates and disregard the rest of the e-mail subscription. Of course, you may always check some of the posts, videos and audios if you feel like getting the important gists of it.

The club has several membership types.  Take note that all you need to get the stock info is the basic membership, referred to as gold membership. You may check the upgraded types later on once you get the groove of the club.

That's pretty much all you need to know. Now let's get on the good part.

In regards to stocks

Stock market is one of the many vehicles in investing. Here in the Philippines, research show that only 1 percent of people participate in Stocks. This Club helps people manage risk and learn to invest the right way.

Basically, they give you in-depth researched information about stocks where they suggest which ones to buy. The founder is confident about this that he boldly shares which stocks he has been buying. You also get to know the history of the stocks and progress if you buy with him and follow his advice.

I know that what I just mentioned is kind of vague. So for the benefit of everyone reading this post, I will share what exactly the club has to offer. In the club's stock market updates, sent to you by e-mail, you get to meet SAM (Strategic Averaging Method). SAM is what they refer to their list of the best companies to invest in at any given time. And yes, these are also the companies Bo is currently investing in. This list is what you need from the stocks update.

SAM simplifies everything for you. You now have a clear idea when is the right time to buy since it offers you a buy below price as well as a target price. So just buy the SAM companies while they fall under the buy below price (buy low) then sell them when they reach the target (sell high). In addition, there's no need to worry if you don't frequently check your online portfolio for the club notifies you (through email) if it's the right time to sell. Of course, other important notifications are given too like baby boomers, hold alert, and so on.

Quite simple right? It trulllyy is.

BUT you know what? Since you've been reading this post I'll let you see the actual SAM pdf email just to give you a crystal clear idea on what you're getting. Here's the link  (You're welcome. ^^)

What else do you get?

Aside from the bi-monthly stock updates, you also get other tons of wonderful things. These may vary from tips, seminars, books and so on. But all these are of value only once you use them.

I want to mention something that surpasses everything else you get from the club. Once you join, you get a ticket to commitment. Put it like this, since you're already part of a cause, it's easier for you to persevere and succeed. This is the best thing you'll get. I always consider being part of the club as an opportunity to prepare for the future.

Is it a sure thing?

No. Nothing is a sure thing when it comes to investments. So what do you do? Learn to manage risk and discover yourself along the way. Some people don't act because they're afraid while some take risks and move forward. The risk takers may not always be right, but they're on their way.

Needless to say, I strongly suggest it.

You can actually sign up today and become a free member (this is the most basic type of membership. Click on free member. Just scroll down at the bottom of the page and click Philippines residents and sign up). Bo will then send you the necessary information and even a free e-book about how her maid invested in stock market (this will give you a good idea about stocks by the way). Just check it out first, and once you decided to join, you can upgrade your membership to get the stock updates and other benefits.

Once again, this has been quite a lengthy post, but hopefully you learned a lot.

P.S. I believe in your success

How To Start Investing in the Philippine Stock Market

wise owl
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 .

stock market

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.