[DLAddict]

For those who are members of Truly Rich Club,
how much do you invest every month?
Currently, I am just putting in 5K/month.

[luranski]

Let me talk to two kinds of people today.

1. Those who are fully invested in the market, meaning: All your money is now in the stock market.

2. Those who aren’t fully invested in the market. eaning: A part of your money is still outside the market.

Last June (just two months ago), I wrote this advice below in my Stocks Update. It was an advice to people who had a bigger amount of savings and wish to put it into the stock market.

Here’s what I said…

“If your money is smaller than P300,000, I suggest you divide your money into six parts, and invest one part for the next six months.

“If you have more than P300,000 in your stock market investments, I suggest you divide your money into 12 parts. And invest one part each month for the next 12 months.

Did people follow my advice?

Some did, some didn’t.

How do I know? They told me.

One of my friends (let’s call him Rebellious Robby), a member of the TrulyRichClub, said, “Bo, I didn’t follow your advice. I placed ALL my money inside the stock market. Sayang, eh. I’ll earn more if I’m fully invested…

I said, “Well Robby, that’s your money. It’s up to you.

But this morning, Robby called me up with a very sad voice.

He said, “Oh Bo, why didn’t I listen to your advice? All my stocks are down! What causes me pain is the thought that if I just followed your advice—I’d have all this money in the sidelines I could now use to buy cheap stocks!

Aha. Now he gets it.

But that’s human nature.

Rebellious Robby is like little Junior.

Mommy told 3-year-old Junior not to run down the stairs. But he didn’t listen. He still zipped down the stairs every time like a train wreck. But one day, it happened. His little feet missed one step. And he dived down and fell flat on his face. A tooth flew out. (Thank God it’s a temporary tooth.) Junior cried like a fire truck siren.

And that’s when Junior started following the rules.

It’s the same thing in the stock market.

When you get hurt, that’s when you start following the rules.

Friend, always follow the rules.

No matter how boring it gets!

Let me first talk to my first audience…

If You’re Fully Invested, Forget August Ever Happened

Robby said, “Oh Bo, I’m down by 5 percent already!

“That’s okay. Just hold it. Forget that August ever happened. Remember that this downtrend happened

because of the problems in the US. This isn’t our problem. So our stock market will bounce back. Anyway, your

investments are long-term. Ten to 20 years. Am I right?

“Absolutely.

“So there’s nothing to worry about.

“What should I do in the meantime?  Robby asked me.

“What you do every month. You save 20 percent of your salary and put it in the stock market. And hold on

tight.

“Oh, I’m excited to buy. The stocks are so cheap,  he said.

I nodded. “It’s Christmastime in the stock market.

By the end of our conversation, he was a happy man again.

If You’re Not Fully Invested, Get Ready to Go Bargain Hunting

If you followed my advice and you still have the bulk of your money outside the stock market, then get ready.

When the chaos is over, and everything starts quieting down—it’ll be time to buy the stocks that are on “sale .

How long will the stock market be in this downward or sideways movement? My mentor believes it will last for six months.

During these six months, continue buying.

What stocks will you buy?

Wait for my next issues of Stocks Update.

Right now, everything is too volatile.

Let’s wait for the calm. That’s when we start buying.

I’ll let you know…

Enjoy your early “Christmastime  in the stock market.

May your dreams come true,

Bo Sanchez

[nursetrader]

hi!

I just finished reading My Maid Invests.... and it added boost to my morale and I gained more comfidence to try surely the stock market. and I think I would like to choose Bo Sanchez to be my guide in trading. 

But I am not a citiseconline account holder. i just got my bpitrade account opened. I am also going to start with a small amount of 20t. could that be enough?

And as a newbie in trading, I also have a slight struggle in understanding the labels to fill out. I hope you also have an idea with BPI so I could have somebody to ask in times of trouble..

Anyway, I really would like you to know that I really like your advices. I am looking forward to become rich and happy like most of the members of trulyrich club.

 

[freefront]

I'm vey stingy with my time. Does it require you to attend training, pep rallies, etc?

[TSO]

Luranski's post right up there can be summed up in two sentences:

1. Be patient.
2. STAGGER your entry and exit transactions.

X3

[freefront]

^#2 in practice already

[wintan2006]

                Hi,any members here of the truly rich club aside from luranski?

[luranski]

                Hi,any members here of the truly rich club aside from luranski?

Why you ask sir?

[naldcagape]

I'm also a member but I'm not active in stocks

[orderflowtrader]

truly rich club...it sounds a name of a scam artist...

[naldcagape]

truly rich club...it sounds a name of a scam artist...

As Melanie Marquez would say, "Don't judge a book by its cover. You are not a judge."
Check before you speak.

[ferrariEverest]

...he won't tell.
i am a member of trulyrich, and i know bo sanchez is NOT A STOCK ANALYST or a financial consultant. yung mga ideas nya sa stocks ay 2nd hand lang from his own stock adviser....

WOW, delikado yan a.
sooner or later, pwedeng masira reputasyon nya pag nagkaroon ng disastrous trade.
mas maganda kung kayo mismo pipili & magaanalyze ng stock na gusto nyo bilhin/ibenta.

feeling rich?  sobrang dami dito sa pilipinas......

tumpak
mas ok/mas dapat, live within/below your means

stocks/investment + religion = super controversial combination

[naldcagape]

WOW, delikado yan a.
sooner or later, pwedeng masira reputasyon nya pag nagkaroon ng disastrous trade.
mas maganda kung kayo mismo pipili & magaanalyze ng stock na gusto nyo bilhin/ibenta.
 tumpak
mas ok/mas dapat, live within/below your means

stocks/investment + religion = super controversial combination

I doubt there's going to be disaster. Basically, the approach is peso-cost averaging of stocks with good fundamentals. They give buy and sell alerts using long-term trends. It's not exciting but it works for the average person.

live within/below your means is one of the 8 secrets in Bo's book.

stock/investment + religion = definitely not controversial. I believe it's even essential. In the book The Millionaire Next Door (or is it the sequel), most millionaires were shown to have deep spiritual convictions. Just because you're a spiritual leader doesn't mean you can't invest or teach your followers how to invest. What should he tell his followers, open their umbrellas or learn how to invest?

I would dare say that with church groups getting victimized by scammers, the leaders ought to become financially literate and lead the way.

[Dos]

Recommended:

Win a book by bo sanchez "how to turn thoughts into things".

Like the fb page and qualify to the raffle for this month. One winner will be selected on Sept 30.

Here's the page:  http://www.facebook.com/trulyrichclubreview
Post Merge: Sep 19, 2011, 01:06 PM

stocks/investment + religion = super controversial combination

"No one would remember
the Good Samaritan if he
had only good intentions.
He had money as well."

- Margaret Thatcher

[casanova]

I attended one of lectures of Bo he seems to be nice. So i dont think it is a scam, but I also believe his is not a stock analyst. May be one of his team, is making the analysis and prediction. And ang alam ko hindi lang naman stock prediction ang binibigay nya sa truly rich club members. Also other spiritual and business ideas. AFAIK, invested din sya sa real estate with Think Rich Pinoy (Gamboa).

But for me I rather spend the membership sa finance manila rather than this... just my two cents...
BTW, I will still choose to save the P500 monthly hehehe