How to Earn Your Millions in the Stock Market?
The stock market is very very risky and you could easily lose your money!
You know what, I agree! After all, statistically over 80% of people who enter the stock market lose their money in it. So would you still want to earn your millions?
No I’m not telling you to lose your money silly! The reason why people lose money in the stock market is because they TRADE.
Trading is like buying a company shares today, and selling it for an up price the next day, week or month therefore giving you a profit. I don’t believe that non-professionals should do that. Why? Because most of us have our own jobs, businesses and stuff that interests us more. To be trading is monitoring hour by hour, day by day (and so on) your stocks and even then…
NO ONE CAN PREDICT THE FUTURE OUTCOME OF YOUR STOCKS. Not even the professionals!
To earn from the stock market, you got to INVEST which is worlds away from trading! Statistically speaking, investing in the stock market can outperform all other investment instruments in terms of yield over a long term period. Just look at the graph above.
When investing, you buy in stocks REGULARLY(if not religiously!) on good “blue chip” companies that have a great track record of history, stability, innovations and basically can progress within the next 20 years and beyond! Ayala, SM, Jollibee, etc. Hello, anyone?
This is called PESO COST AVERAGING.
Just a fancy term they call to buy stocks little by little at FIXED AMOUNTS (you are comfortable with) and accumulate as much as you can REGULARLY over the years. You will soon find out how little by little investment in time can grow massive yields in the next years! By riding out this investment vehicle, you are reducing the risk significantly by the average rate of market fluctuations over a long term period. How long is that? Think for the next 5 to 10 years or until retirement.
You may say, “Whoa, still waaaay too young bro. I want to still live my life. I won’t retire anytime soon.” Well if not now, when? When your old? Remember, in any investment, YOU GOT TO START EARLY!
So, how to START investing in the stock market?
I know a lot who always wanted to get into it but DO NOT KNOW HOW.
Isn’t getting into the stock market means hiring your own *stock broker?
*A professional who will manage your money, buy and sell stocks for you
Thankfully we live in the digital days already. You can now do it yourselves through online brokers. One I would recommend is COLFinancial.
Because they are the leading online stock broker in the Philippines today. They also have a a program called the Easy Investment Program or EIP which let’s you start your investment at only Php5,000.
Your initial investment is what you will use to buy your first stocks then commit a FIXED AMOUNT that you can to invest REGULARLY in the next coming years.
Through access to their website, you can see in real time your portfolio of stocks, research database and can actively buy and sell your stocks. (click here to know more about EIP)
But, how Do I Know Which Stocks to Buy?
I would tell you first, which ones are you comfortable to buy? Or which GREAT companies do you believe in and been getting their services and products? Diversify! Invest in them and keep buying their stocks no matter how low or how high at any time regularly! Do not be tempted to sell for the objective is to accumulate stocks until your target end date of investment.
Or if your smart like me, I go for mentors who can make things clearer. Those that inspire, motivate and teach me the value of wealth and beyond.
Which is why I joined the Truly Rich Club.
What Do You Get in the Truly Rich Club?
Just as teachers where important in our education when we where young, mentors are more vital for us now that we are adults.
In this day of age, information is power and the difference between the rich and the poor is simply this and its utilization.
This is an online club wherein your subscription will come as e-mail newsletters, reminders and downloadable videos and audio talks. So you can enjoy reading and learning at your own pace, in the comforts of your home (or in an internet cafe).
You will receive stock updates which will tell you when to buy (or sell, sometimes), what companies to invest in, a target price (which is very important) and reports of stock performance. All of this in a clear, practical, non life-threatening and absolutely no-alien-talk presentation so you can easily follow through.
But I believe the best of the club are the bonuses. Believe me, the path to riches is not easy and will never be. The bonuses will supplement your quest to financial literacy and unto freedom by means of inspiring you and motivating you to reach for it. There are sharing of knowledge by different financial experts in the country today that are vital to learn from.
For just a minimal monthly membership fee (Php479), you will get the following:
1. Receive 2 PowerTalks every month (instant access via MP3)
2. Receive Bo’s Success Mentors Collection (1 every 3 months for 1 Year)
3. Receive WealthStrategies newsletters every month
4. Receive Daily GodWhispers Email
5. Receive How To Be Truly Rich Seminar
6. Receive How To Conquer Your Goliath Ebook
7. Receive How To Turn Thoughts Into Things Ebook
8. Earn Passive Income by being Bo’s Affiliate in the TrulyRichClub
9. Earn Passive Income with Bo’s other Internet Work
10. Receive a very practical ebook, My Maid Invests In The Stock Market…And Why You Should Too.
11. Receive Bo Sanchez’s Stocks Update.
To know more about the club, click on this link– TrulyRichClub.com
Or you get this FREE e-book copy of Bo Sanchez’s book to know first about investing and their strategy they call SAM. To get it, click the link– RECEIVE BO SANCHEZ’S FREE E-BOOK
Well before you moan, mumble or think that you have other bills to pay or rather spend on other stuff than this, I’d suggest you’d think first.
What is the lifestyle you live now? Easy or hard up? How much do you spend for luxuries and comforts (coffee, softdrinks, restaurants, cable TV, movies, toys and gadgets)?
Do their value exceed investing in knowledge to get you more of your wants and needs?
I am sharing to you what has truly been a blessing my life. You decide.
I made this post to hopefully curb most frequently asked questions I have been receiving all the time. Hopefully this will spur you to action and make the initiative to LEARN MORE. I don’t claim to be an expert in this subject nor would wish to be your sole information. Get out, ask, attend seminars, read books and keep motivating yourself!
Know that money and investing is really boring. I still yawn at the sight of looking at all the numbers. Yes, the only exciting part about it is thinking what you can do when you have it.
Remember money is neither good or evil. It is your purpose that makes it good or evil.
So I pray you start on this financial journey of your life. Let’s smarten up and wake up to reality.
Chances are lost to bywho are ignorant.
And lastly I pray with this knowledge your ultimate purpose would be to help others and contribute to our nation. We need good rich men who are willing to share!