Money Summit and Wealth Expo 2014

Sorry for being MIA again in this blog. I don't want to make any excuses. :) Practicing "NO EXCUSES Management". ;)

Anyway, this is my second time attending the Money Summit. I attended last 2010. Review of the summit for that year can be found here.

I was blessed enough to be able to attend the Money Summit and Wealth Expo 2014 for FREE. It was indeed a BIG Blessing. I was thinking of attending the summit months before but never take any action. I just keep on asking people if they will attend the summit. Unluckily, friends I wanna go with was not going and it made me think of attending as well. Call it lame excuse and procrastination. But maybe nothing just happen. OR should I call it "LAW of ATTRACTION".

Few days before the summit, a friend of mine who is also a speaker in the summit ask me if I wan't to attend the summit because she has 1 more available slot for her delegates. And who am I to say no to such a good offer. It was an answered prayer.

Prior to the event, I can't make up my mind if I want to attend stock market and real estate investing because I am doing both. I want to attend both but I can't because they are happening at the same time.I need to select the classes I would attend. But on the day of the event, I got surprised when the ID Badge given to us as delegates were VIP.  It was a JACKPOT because paying for such option would cost me Php20,000. Dilemna solved. And so, I attended the Stock Market Investing classes in the Morning and Real Estate Classes in the Afternoon. And I would say, I learned a lot. It empowered and inspired me again. It puts me back on track from my hibernation.


Let me share with you some of the key points I learned from the two day seminar.

DAY 1

Fitz Aclan: Making Money at any Market using Technical Analysis
What to know:
1. What is the trend?
When will the trend change.

Manulife Presentation : Estate Planning
Wealth is Relative. The more wealth you have, the more relatives you have and vice versa ;)
Estate Planning is imporatant, esp. if your assets are not liquid.

Salve Duplito: Scam Busters
Php 60B - Lost in Scam
It is our duty to share the noise on SCAM.
People into Scams normally doesn't want to admit that it is a scam that they get into, because normally, if no one makes a noise, they will continue to earn until the mastermind run with their money. :(

Hans Sicat
President of PSE
What's up with PSE???
1. PSE EDGE - Mobile Apps on Viewing Companies
- Avail on Android and IOS
- Free
2. PSE Tradex
3. PSE now in Facebook and Tweeter
*** Inflatin might be higher this year. Government spends 2.5% of GDP in Infrastracture

3 Money Making Machine
Fitz Villafurte - Forex is riskier than Stock Market
Tips: Mange your time for trading, Know if you have the mindset, control your greed.
Ivnesting - Long TERM
Trading - Speculating
STRATEGY:
   Short TERM: FOREX
   Gain  from FOREX being put into Stock Market for Long TERM.
   Dividends from Stock Market are reinvested.
   STOP LOSS: 10%
   It's all about money Management
" THE TREND IS YOUR FRIEND, DON'T GO AGAINST IT".


DAY 2

STOCK MARKET INVESTING

Technical Analysis, NOT Memorization.
1. Find Something that is going up and tide it. (DNL,ICT)
2. Find something that is trading higher.
- find Logic in price movement.
For Observation: FPH,MARC,LC,SMC, ROCK, CPM,SECB

Stock Picks:
Puregold - 10% Swing
Nickel Asia -after consolidation
DNL

There is no time frame for consolidation. It can take days, weks, months and even years.


SPEAKER2: Charmel DELOS SANTOS

1. Know the business environment
2. Concepts - Value investor, trend follower
 - know what is good for you.
 - know yourpreference.

The market will do what it wants to do.

MONEY IS NOT WORKING FOR YOU. YOU ARE WORKING FOR YOU. STAY IN CONTROL.

SYSTEM:
1. 10 parts
2. PRocess
3. Perform Review
4. Review/ Improve.

Major RISK AREA in INVESTING
1. System - set a target and measure performance
2. System
3. Personal

VELOCITY of Money - pag-gamit ng pera ng paulit-ulit (money circulation and re-use)

CHARMEL Business Model - Entry, Stop, Exit ad Position Size

Market Risk Factor
Market Dynamics - world affairs,debt issues, movement of meny to asset classes
Market Type Changes - Bull, Bear Chicken
Market Players - Government, Big Money, Companies
Inter-Market Risk - Global Currency Trends.

"MONEY GOES WHERE IT IS TREATED WELL".

Personal Risk Factor
- Investment Psychology - goals, beliefs, conflicts
- Decision Making - Efficiency, over confidence
- Skills - Professonals are in the market. How do you do business with them.
- Personality - are you a rational thinker., emotional?
- Timeframe and Temperament.

POSITION Sizing
- How much you will Risk / Lose in that Trade

Structured Ivnesting Approach
- Bisiness Plan
- Market
- System


REAL ESTATE INVESTING:

EDEN Dayrit
- She was not able to make it to the Seminar due to health reason but she did a video.
TIPS:
1. Build Connections - Pursue People you want in Buisness
2. Just Start. Just do it. Just take the 1st step.
3. KEEP MOVING FORWARD.

Maves Angeles
Create Happy Moments
Our Imagination is our Limit but the world is limitless.
Stop playing unnecessary imagination in our mind. Think Positive.
Stop thinking of what other people will say.

NOLI Aleje" Finding the Flip"
Beleive on who you think you are.
WHY REAL ESTATE - can take care of itself.
When you buy a land, you can't make a mistake as long as it is good.

WHY FORECLOSURE? Property Integrity

CONDO CRAZE - we will have more consumer loans in few years from now. Currently @ downpayment/inhouse.

FORECAST LOANS: Php 1,118,200,000
44,728 units - New Assets Coming Soon (Importance of Liquidity)

Inflation is low.... Not GOOD to hold on properties
Inflation is high..... Good due to appreciation.

Interest Rate - might go up already in the next few months.....
- Be CAREFUL with Annual Repricing

In choosing a property, things to consider:
1. JOB GROWTH
2. PATH of progress (ex. SLEX)

Things to Remember in Checking Properties:
1. Know the History of the Property / Story Behind.
2. Visit the Property M-F, Morning, Lunch, Evening
3. Know Road Conditon at all times.
4. Bring an Index Card for details - front, front left, front right
5. Take picture of the most broken part of the property for negotiation with banks.
6. Know leagal Status
7. Remember - Dirtie or more problems, the cheaper.
8. As much a possible, don't buy wooden houses.


WILSON LEE FLORES (MAXIMIZE INCOME on RENTAL PROPERTIES)

1.Compute and Compute
2. Check Tenants / Be Careful with Tenants
3. Psycho your Rental Prospects.
- People tend to like people on their right.
4. Be nice to other people. Be Fair. Be Humble.


RAYMOND LIM
- "PROFIT FROM PURCHASE"
- Have an Exit Strategy
- REAL ESTATE INDUSTRY WILL NOT BE OBSOLETE
- History will always repeat itself
- Know the Real Estate Cycle
>> NORMALLY IT CHANGES EVERY 2 QUARTERS
>> KEY: Demand vs. Supply
>>> Invest when there is Bigger Population.
-"WHEN YOU FIND VALUE, YOU 'LL FIND MONEY"
Key Indication - Population Demographics
RULE of EXCEPTION: PERSONAL - BUY NOE
-Make most Money @ Flipping options (OPTION TO PURCHASE)
"MOVEMENT OF MONEY IS MOVEMENT OF ENERGY"
-"Property Market is always driven by ONE FACTOR - LIQUIDITY."
- The Higher the LIQUIDITY the lower the Interest Rate.
"ALWAYS THINK INVESTMENT"
>>>> It's Either you Invest or you Consume."
THINK OF DELAYED GRATIFICATION.
BE COMMITTED TO FINANCIAL FREEDOM.

INVEST IN YOURSELF.
INVEST INYOUR MINDSET.
THE PROPER TIME IS NOW.

Do your own chart/ Research.
Minimize Risk. Maximize Returns

BGC - 5 years to profit ore, if possible, transfer money to other property that will give more return.

In summary, I was very happy that I was able to attend this Summit. I learned a lot. The information and tips given by the speakers are still echoing at the back of my mind. Truly, Financial Literary is not expensive compared to IGNORANCE.

I invest in education :)

Every Summit is Different.  If we remain open and humble, we will learn a lot.

FOR MY RATING:
VENUE: Check (Better than 2010)
PRICE: Check
TOPICS: Check
SPEAKERS: Check
Recommend: Check :)

Cheers! See you on the next Money Summit!

Money Summit and Wealth Expo 2010 - 1st Day Only

I was only able to attend the 1st day of the Summit and Expo because of prior commitments but I was able to learn a lot. I really believe that Financial Education is not expensive compared to Ignorance.

Below are the things I've noted while listening to the speakers:

A. Trace Trajano

"The Think Rich Quick System of Flipping Properties"

Why Real Estate?

I - Income or cashflow

E- Equity (loan paid by tenants)

A - Appreciation

L - Leverage

Wrong Way of making Money in RE:

1. Condo Craze

- buying on pre-selling/pre-construction

- money is tied up for 3-5 yrd and at risk w/ market fluctuations

- if rented, risk of getting a bad tenant

Affiliate Real Estate Marketing

- sell other properties first

- build buyers database

-learn how to market

- no risk of using own money

Renovations are after the ROI and Profit

How to Find Buyers

- WOM (Word of Mouth)

- COIN (Center of influence Networking)

**** Architects, Real Estate Agents, Bankers, RE investors, Contractors

- Online Ads(bahay.ph.sulit.com.ph, cariglist)

-Social Media (Facebook, LinkedIn)

Question to ask confirm a CASH Buyer ?

- What's your Financing?

B. Eden Dayrit

"Get Rich thru Rent-to-Own Properties"

Strategy: Find>Fund>Fix>Sell>Profit

How to Find Market Value

1. Zonal Value

2. Comparables

3. Income Method

Find: Auctions, Listings

Fund: Create Prospectus for Investors

Fix: Get Quotes from 3 contractors

** important is roof and bathrooms

Sell: must have a competitive price for faster sale

C. Dr. Dups delos Reyes

"Secrets of Direct Sales Superstars"

Super Sales Strategies

1. Belief - product Mastery and enthusiam

2. Listening - feel good

3. Strategy - prospects/persistence/spiritual energy

Meaning of Selling

- Oral presentation in a conversation w/ prospective purchasers to make a sale.

ABC

Negative: Attack, Blame and Complain

Positive: Adapt, Balance and Care

Advantages of Postive Attitudes:

-More Energy

-Reduced Stress

- Better REsult

Qualities of a Good Sales Person

1. Ability to close

2. Intrinsic Motivation

3. Interpersonal Skills

4. Disciplined Work Habits

Reasons why People Buy

1. They buy solutions.

2. They feel good and important (they buy good feelings).

Sales Ratio

1. You reap what you sow (1:10).

2. It takes time for a fruit to ripen (1:5th). Repeat visits

Daily Sales Plan: See,Call,Do

3 P's for Success:

Passion, Patience and Persistence = PRAYER!

D: Conrado Bate of Citisec Online

Simple Stock Market Investing: The Way to a Richer Life

Good Quality Stocks

- growing

- earnings visibility/predictability

-mgmt credibility

-superior products and services

- strong balance sheet

Good Money Mgmt:

1. Diversify stocks/industries

2. Comfy

*** Computation: 100 - AGE= MAX % of Savings to Stocks

PESO COST AVERAGING thru Income, Time, Discipline.

- available thru Citisec's EIP.

E. Malaya Laraya

"Beat the market with foreign stocks and funds"

Why Managed Time?

-to leverage on Time, Expertise and Access

Local vs. Global Managed Funds

A: Local

- Limited types and choices

- Regulatory Concerns

- Liquidity Issues

B: Global

Varied (their are funds that are based from beliefs)

Better Regulations

Very Liquid Markets

F: Butch Villamor of One Outsource Direct

"TELESALES:How to make Money Selling over the Phone"

Why Telemarketing???

1. Good Profit Margin

2. Huge Opportunities

3. Huge Market (Global)

G: Mark So of Forex Club Manila

"Fast and Furious Forex Trading"

Currencies Trading

- USD, EUR, GBP,JPY,CHF,AUD,NZD, CAN

Trading in Pairs:

EUR/USD

USD/JPY

GBP/USD

Initial Investment = US$300

Market opens = 24/5

** No approve broker yet in Phils.

** No other fees except for bank fee = US40

Important Note:

Vengeance Trading is a bad move.

The seminar ended an hour late compared to what it should be but the people didn't leave their seats until the last speaker finished his talk. They indeed value all the things that they can get from the summit. It was really a jam packed day. I wished I was able to attend the 2nd day. Nevertheless, I still recommend this summit/expo. I will surely attend the next one and invite my friends and family.

PS:

Should you have any questions with the things I wrote here, you can email me @ lovellamendoza@yahoo.com. I will be happy to answer all your queries.

SPONSOR A FRIEND AND CREATE A PINOY MILLIONAIRE!

SPONSOR A FRIEND AND CREATE A PINOY MILLIONAIRE!

Would you like to dispel the common notion of crab mentality among Filipinos by helping create one million Pinoy Millionaire by 2020 as envisioned by the likes of Brother Bo Sanchez(The Light of Jesus Community), Dr. Larry Gamboa(Think Rich Pinoy) and Trace Trajano(Think Rich Quick)?

How?

Sponsor a friend, a relative or a loved one to attend the first ever gigantic meeting of the minds to gain financial freedom through, real estate, internet marketing, franchising to name a few.

If you can spare a tenth of your monthly salary, or defer buying that latest ipod or ipad, or even diet by avoiding that mouth-watering doughnut that you've always craved for with your favorite coffee blend, would you do it?

Be that Good Samaritan to that wounded traveller. He just needs an opportunity to prosper so what better way to start by helping a friend or a relative to make that first step to become a Pinoy Millionaire without leaving the Philippines. He will forever be indebted to you because you are instrumental to his success.

A father need not leave his newborn son to work as a seaman overseas. A mother need not suffer under the hands of an abusive employer just so she can remit money to her family in the Philippines. A grandfather need not risk his life working in a war torn nation like Iraq or Afghanistan just so he can send his grandchild to a good school.

It will be an auspicious beginning towards helping our newly elected President, Benigno C. Aquino III, rally our nation, the Republic of the Philippines to greatness not just in Asia, but in the whole world by helping create ONE MILLION PINOY MILLIONAIRES by 2020.

Be A Sponsor and Help Create A Pinoy Millionaire!

P.S. Refer a friend and get 2% discount.

P.P.S. Refer 5 friends and get 20% discount.

P.P.P.S Refer 10 friends and get 50% discount.

P.P.P.S. Refer 20 friends and get 100% rebate!

P.P.P.S. Hurry because this offer expires in 4 days!

TO OUR FINANCIAL FREEDOM & BEYOND!!!!!

YES!!!! I am very very excited to announce to YOU our dear readers that a BIG EXPO is coming to TOWN. It is like an early Christmas. It’s time to shop. But this time, you’ll be shopping without loosing money but instead you will learn how to multiply your money.

What is the Expo all about?

People have the misconception that it takes money to make money. “NOT true”. It ONLY takes a change of Mindset, Commitment and Action. It is EASY to MAKE MONEY. In this expo, you will be like standing in front of a buffet. They will show you the different options and ways to get rich. You can choose to DO ALL but you can also choose ONLY THOSE that you believe is right for you.

The expo also features experienced entrepreneurs. One of them is Trace Trajano. He is the author of the bestselling book “Think Rich Quick”. Trace is a successful Filipino real estate investor in Ohio. He has a vision of creating 1 million Filipino Millionaires through Real Estate. Do you want to be one of them?

Yes! I want to be ONE of those ONE Million Filipino Millionaires

You might be asking, “So how much will this expo cost me?” Let me you ask you this…

“What amount of money will you pay just to learn about almost everything on making millions?”

Some will say, that they need to finish college just to make money. But have you computed how much money you need to spend first before you finish college? Have you taken to account the time that you need to spend to get a masters degree? Getting rich is not directly proportional to education. There are people who are not college graduate but are more wealthy that those who have college degree. There is something with them. And they will share it with you during the expo.

Here’s another good news: once you apply the things you’ll learn from the expo, you can literally start working on your financial independence strategy.

The even better news is that you will not spend P500,000…not even P50,000…or even P10,000 for your tuition fee. The expo was made affordable….. It’s all WORTH the price compared to the things that you’ll learn.

Alright – I want to make millions…so Sign me UP NOW.

In fact, it gets even better. The expo organizers want to give people a lot more value than what they’re paying. They are not just having an exhibit but also different talks about ways of making money.

However, the attendance to this expo is limited. Why? This is to have a better interaction among the exhibitors, speakers and registrants.

The attendance is being limited to only 300 people – more than 200 have already registered so there are less than 100 slots left. This expo is being promoted by seminar promoters, wealth coaches, Trace’s students and affiliates. Literally, this sales letter is going to be read by over 100,000 people and so YOU DON’T WANT TO BE LEFT OUT.

MORE & MORE Good News:

1.Sign up before June 5 and get a 5% discount in a form of rebate which will be given on the day of the expo.

2. The first 10 signers from the link below, is entitled to a free Think Rich Quick Book.

3. If you sign up from June 1 to June 10, you are also entitled to a Raffle Ticket. Two people will have an opportunity to attend either the Think Rich Pinoy Seminar that will happen on August or Think Rich Quick Seminar that will happen on October.

4. Attend as a group and get more discount. For every group of 6, you only need to pay for 5.5 person. Aside from the 5% discount that you can get if you register before June 5,2010.

Let me IN. I don’t want to be left out.

Just realize the price of admission (which is only Php 3495 for a regular 2-Day PASS or Php 4495 for a VIP PASS) is a small fee to pay to know the different money making techniques that will put money in your pocket. Take advantage of this opportunity NOW by clicking HEREDon’t Have a PAYPAL account?
We also accept Bank Payments: CALL/TEXT US @ 0916-3969659 for the Bank Details.

{M2IB REALTY}


P.S. Sign up before June 5 and get 5% discount which will be given to you on the day of the event.

P.S.1 Sign up now to be one of the 10 people who can receive a free Think Rich Quick Book.

P.S.2 Sign up now to win a free admission to either Think Rich Pinoy or Think Rich Quick Seminar.

P.S.3 Sign up as a group and get more discount.

P.S.4 Again, only 100 more slots are open. Register NOW to get IN. Once all the slots are filled, the exhibitors will close this and you might need to wait 1 year to attend the next one!

I don’t want to wait a year so SIGN me up NOW!!!!

Are You Tired of Being Poor? Do you want to become financially independent but don't know how and where to start?

I was the in the same shoes as you are 3 years ago. But I made a decision that I don't wanna be poor all my life. I need to do something different.

I started to believe that if I do the same thing over and over again, I will expect the same result over and over again.
I need to change something. I need to change my beliefs.
I started reading books, searching the net.
But I learned that I can't do it alone.
I need somebody to push me up, to cheer for me, to inspire me and give me more insights based on experience.

I started to attend seminars, conventions, trainings and expos because I believe in continuous education.
Things change. What works in the past may not work today.

A lot of expos has been done before. I attended some of them and I also learned from them. However, but there is an upcoming Money and Wealth Expo which I think is more comprehensive because it will cover all the strategies that can make you rich and wealthy.

This really excites me. Its like going to a buffet. The foods are all there. We can have it all but we can also choose what we want.

In this expo, we'll learn about investing in stock market, franchising, selling offline and online, earning on real real estate and a lot more.

It's really for everybody. Not just for you but also for me.

I'm still not there. I'm still not financially independent. But I COMMIT to become one.

If I will be there because I believe it can help me. Why shouldn't you?!
We just need to make a decision and take an ACTION.

If you're committed to become wealthy NOW, keep coming to this blog because I'll be posting the details of the expo here.

You can also leave a comment for other inquiries.

LET's GET WEALTHY TOGETHER.
Because the ultimate purpose of becoming wealthy is to help others.....