Truly Rich Club GOLD Mastermind 09.28.14

The Truly Rich Club GOLD Mastermind is a new program of Bro. Bo Sanchez for the Truly Rich Club Members. It started aftere the Wealth Summit last February 2014.

The Truly Rich Club GOLD Mastermind is a quarterly event EXCLUSIVE for Truly Rich Club members ONLY. It is a half-day event of learning and bonding with other TRC Members.

To date, there were already three (3) mastermind sessions that had happened. But it is only our (me and my husband) first time to attend because of some conflicts with our schedules.

According to Bro. Bo as well as the other Truly Rich Club members who have been attending the previous masterminds, each Mastermind is different. Each session, Truly Rich Club Platinum Members and other mentors are taking the stage and sharing ideas on how we can create multiple income streams.

For the Mastemind last Sunday, we're able to learn from Vera dela Cruz, TJ Manotoc, Bro. Bo Sanchez and Jay Paul Hernandez.

Below are the things that I had noted during their sharing:


VERA DELA CRUZ
Events Organizer/Planner of Whitekraft Events Solution
27yo :)

1. Obedience to Parents = God's reward.
> From the start, she wanted to be an events organizer but her parents wanted her to become a nurse. She obeyed her parents. She graduated as a nurse. Worked for 4 years as a nurse. Then, resigned and pursued her dream. Her journey as a nurse was not put to waste because a lot of her clients today are her colleagues, friends, classmates and doctors from the hospital where she worked from.

2. Keep on Dreaming. Have a Vision.
V - isualize it
I - nternalize it
S - speak about it
I - nitiate it (take the 1st step)
O - wn it
N - urture it and TRUST GOD


TJ MANOTOC
Broadcast Journalist / Social Entrepreneur.
Initiated the program/business " SWITCH to SAVE"
Tag Line: Switch Brand. Save Lives.

1. What is Social Entrepreneurship?
Social entrepreneurship is the field in which entrepreneurs tailor their activities to be directly tied with the ultimate goal of creating social value.

2. Why a need for Social Entrepreneurship? Donor Fatigue

3. Product of Necessity vs. Product of Choice. The former is better.

4. SWITCH to SAVE Products to date: Angel's Secret Sanitary Napkin, CleanAll Soaps.
Why Napkin? 70% of Payatas Trash are napkins and diapers. Angel's Secret napkins are biodegrable.
*** To be a dealer: Minimal Capital. Only Requirement is a Big Heart.

5. Have a story to inspire.


BRO. BO SANCHEZ
1. The Main Goal of Truly Rich Club is "Helpng Good People become Rich"
2. Update on his maids' stock account which is now at Php740k and she's only 31yo. She's be having 30M when she retires :)
3. It's a DONE DEAL!!! All TRC Members will become Multi-Millionaires.


JAY PAUL HERNANDEZ
Former HR Personnel
Feast Builder in Greenhills

1. PASSION is like looking for a perfect shoe. It should suit your style, your taste, must fit well and must be comfortable.
2. Don't live day to day.
3. Live for something bigger than yourself.
4. The Best is yet to come.



After the talk, the attendees were divided into 10 groups. Each group was facilitated by a Truly Rich Club Platinum member. They are not being paid for this but it is their way of giving back. It was a great experience. We're able to know our mentors more and able to meet and greet other TRC members. In our group, we've learned that many of us have similar passions (writing, events organizing, music, etc.). We become instant friends. We actually all agreed to have an FB group where we could exchange questions and ideas. It was indeed a fun learning experience for us.

In summary, we learned a lot from this mastermind and we believe that there are a lot of things that we could still learn if we continue to attend the quarterly mastermind. We hope that you could also join us.

For more details on How to be a member of Truly Rich Club Member: CLICK HERE

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!

Start Early and Be a Billionaire through the Stock Market Part II

This post is dedicated to all parents out there but if you're not a parent and you still haven't invested in the stock market, this is also for you.

This is part II because part I is for my eldest child. I was able to open a stock account for her at age 3. Part II is about our second child. We were also able to open a stock account for him.  He also started early. He is not 3 years old. Not 2 years old. Or not even 1 year old. We're able to open an account for him when he was 2 months old. It was after his baptismal. We used the money gifts he got from his baptismal to open an account. Thanks to all the generous givers. :)

The same with our daughter, our son's account is intended for his college education but in case, we can manage not to touch this investment, He will also be a Billionaire before he reach 70. And since my son opened earlier than my daughter, will he be richer than her ate? We don't know. But we need to ensure that they will be Truly Rich. They need to know the true purpose of wealth which is to help and love others.

I posted this not to brag but to inspire you to start investing in the start market. The BEST TIME to start is NOW. You see SALE everywhere, even at the stock market.


Cheers to our Financial Freedom!!!


PS:
Learn more about the start market, join the Truly Rich Club. :)

Seminar Review: Business 101 by Marco Victoria and others

My husband and I attended this seminar last Saturday. Our primary reason is to be guided by the "PROs" in improving the business that I just recently started and the business that we plan to start next year.

Attending this seminar is one of the best things that we did before the end of the year. There will be more even though there are only few days before the year ends because we believe that successful people have a bias for action and we want to be one of them. Why plan for success at the beginning of the year when you can do it before the year ends and start immediately on DAY1 of 2014.

By the way, one of the reason that we attended this seminar is to support the cause of the organizer of this event which is SHARE MOVEMENT.

Shown below are the points that I learned and noted and will take into action.

From Marco (PART1)
1. Business is for Everybody
2. Before going into business... Find your business "WHY"
3. Attitude and Mindset of Entrepreneur
 a. Aggressive Action
   = Aggressive + Action Doer
   = Look out for needs and Demands of People
   = Don't just look at the present.. look at the future. (Example based on the recent Yolanda Tragedy. Think of the Ice Plant instead of Body Bag).
 b. JUST DO IT.
   = The enemy of Action is FEAR.
 c. NEVER GIVE UP
   = People will doubt you but just keep on moving and never give up.
 d. BE OPTIMISTIC
   = Set Target. Set Goal. WRITE IT.
   = " I can do it, I don't know when but I CAN DO IT.
 e. WATCHFUL of OPPORTUNITIES
   = Opportunities are always under your Nose. If your head is always up, you will not see it.
   = Be careful of MLM, ensure that products will continue to be there in the future. (See 3.a)
   = Be careful of getting a Franchise, ensure that the franchise you're investing in has a GOOD SUPPORT System.
 f. RESOURCEFULNESS
   = Enemy of Overhead
   = Keep on Asking to Get the Best Deal.
 g. HUMILITY
   = Find a Business Mentor
   = Having a mentor is not easy. It is hard but it will teach you humility.
4. OVERCOME FEAR else you'll be
  a. Scared to Risk
  b. Lazy to Start
5. The primary difference between rich people and poor people is how they handle fear. ~ Robert Kiyosaki


From Pauline C. Pontiano 
1. Discover your PASSION
 - You think of it 24/7
 - Will work for Passion
 - Go Overtime without pay
 - You Live, Breathe amd Become it.
2. Use our God-Given Gift
 - It is something that He has planted in our heart to make people feel His Love.



From Sha Nacino (Discovering your Life Purpose
1. Passion is something that you do that when you start doing it, it will be hard for you to stop.
2. SERVE FIRST then MONEY will FOLLOW.
3. Purpose and PASSION can be interchanged. They should be connected.
 a. You Love to do
 b. You Do Best
 c. Gives Value to Others
 *** "A" and "B" should be the same, else it will be a disaster. :)
4. How to Discover Your Life Purpose
 a. Mindset: Serve 1st, money will follow
 b. TAKE the 1st STEP, the Next Step will UNFOLD.
   ** Create a Notebook/Idea Bank. Write your Idea before you forget about it. Then let your subconscious work on it.
 c. CARRY ON. PERSEVERE - believe in yourself.
5. Make your PASSION your PROFESSION
 > This will increase your Happiness and Productivity.
6. FRUITS of PURSUING YOUR PURPOSE
 a. Happiness
 b. Inspiration
 c. Meaning
7. In Him as your Business Partner, what is there you can't achieve.


From Molly Baylon
1. Every Dream comes from wound/pain.
2. Use your pain wisely.
3. Invest in yourself.
4. Know the difference between "Inggit and Pangarap" (Envy vs. Dream/Wish)
5. Too much happiness can make you blind.
6. Pain can open our eyes to Opportunities.

From Marco (Part 2)
1. Initial Business Investment
 a. Time
 b. Talent
 c. Treasure
 *** If you lack in one thing, use what you have to gain the one you lack. (ex, if you're not good in math/accounting (talent), use your treasure to hire an accountant.
2. Know that WHAT,HOW,WHY of your Business.
 WHAT - Product/Service
 HOW - PROMISE
 WHY - PURPOSE (This will drive you)
3. Also Know the WHO, WHERE, WHAT VALUE and WHY2
 WHO - your market (demographic)
 WHERE - your market (geographic)
 WHAT - value do you give your market
 WHY - reason they will buy from you compared to your competitor.
    ** Have a USP (Unique Selling Proposition)
4. Write what you want.
5. The Story of the Moso Bamboo
 - Be patient when you see/feel that your business is not growing. This may be the season where you are growing your roots longer and deeper. Use this season to build your network and yourself. Invest in yourself.
6. EVERY ENTREPRENEUR OWES THE NEXT GENERATION A BLUEPRINT OF HOW TO DO IT AGAIN.



Indeed, it was a great seminar. We exceeded the time but the attendees didn't mind and stayed even until the seminar ends. I already heard/read some of the information before but it is more empowering to hear if from those who is already walking their talk. We learned from their mistakes. We also learned techniques and new ways to improve my new business.

The Seminar is a must for those who are already into business and also to those who are still to start a business. It will help them start right.

I will highly recommend this seminar!!!

In Summary:
Price: Php 500 only (Knowing that all proceeds of the seminar will be donated to Joseph Feeding Mission make it priceless. Also, kudos to the speakers who selflessly shared their experiences for free. May God bless your business more.)
Seminar Content: Super Check
Recommended: Super Check

FEAST TALK SERIES: HAPPY, HEALTHY and HOLY Money

The Feast Talk Series last Month was entitled: HAPPY, HEALTHY and HOLY Money. It is a timely talk because we're still at the first quarter of the year. It can help us get a direction on how we want our finances to be at the end of the year.

We've been a feast attendee since February 2010 and we noticed that we have almost the same theme every February which is about handling our finances well. Below are the talk series for the last few years:

2010 - Prosper
2011- Peso-nality
2012 - Overflow
2013 - Happy Healthy Holy Money


You can view some of my blog posts on the OVERFLOW SERIES on the links below:
a. Talk# 1: Salary vs. Profit
b. Talk# 2: Income vs. Wealth
c. Talk# 3: Tips vs. Tithes
d. Bonus Talk on Entreprenuership
e. Break Feast Sharing by Edward Lee


Let me just share to you some of the things I learned from the recent Talk Series.

Talk# 1: Happy Money


"Every good and perfect gift is from God. It comes down from the Father." ~James 1:17

Our money is a gift from God. If this is a gift from God, then it can be a good thing. Money is not evil but it is the LOVE of MONEY that is evil.

"Let the LORD be magnified, who has pleasure in the prosperity of His servant." ~ Psalms 35:27

God doesn't mind us becoming rich. Actually, he wants us to be rich in a condition that we are are already RICH in the INSIDE before we become RICH in the OUTSIDE. This is because money can MAGNIFY who we are in the INSIDE.

Bro. Bo also mentioned the Three (3) Types of Rich People.

1. Filthy Rich
 - This is the greedy, selfish, corrupt person.
 - They are the miserable people.
 - They are the reason why others say that "Money can't buy you happiness.

2. Guilty Rich
 - This is a person who had a toxic relationship with money.
 - They are the people who feel guilty of earning a lot. They are more comfortable with poverty than prosperity.
 - These are the people guilty of being rich because of their past experiences or family influence.
 - They were taught that talking and thinking about money is bad. And all rich people are bad.

3. Truly Rich
 - These are the people who believe that "God never designed money to buy happiness.  God designed money to increase HELPFULNESS."
 - Truly Rich People Help Their Family
 - Truly Rich People Help Their Bigger Family
 - Belief of the Truly Rich People:  "It’s not about the money.  It’s not about the wealth.  It’s not even about us!  It’s about God.  It’s about love.  It’s about service.  It’s about dying to ourselves so that others may live!"

Let us all be TRULY RICH.:)


Talk#2: Healthy Money

"Therefore keep the words of this covenant, and do them, that you may prosper in all that you do." ~ Deuteronomy 29:9

True prosperity is living a life of profound LOVE for every human being.   

Physical Health is similar to Financial Health in terms of the cause of its weakening which are:

   1. Toxins

   2. Malnutrition

   3. Imbalance

Financial Toxins

- Financial Toxic Overload / Toxic Debt

  * Uncontrolled Debt can kill us.

  * If there are Filthy Rich, there are also Filthy Poor who are destroyed by the money they don't possess. Because of their overwhelming desire for material things, they borrow, borrow, and borrow.

  * The key is PATIENCE.  Don’t be in a hurry to live a lifestyle that you can’t afford.

  * THE problem isn't materialism. THE problem is an extreme lack of self-worth.

  * Follow the 1st Rule of the Rich - "What You Spend Should Be Less Then What You Earn.”
   

Malnutrition

- People who look rich because they have money in the bank but are dying because their money are shrinking. 

* Follow the 2nd Rule of the Rich - “What You Save Should Grow More Than What You Lose.”

- Our Money loses value in the bank because of Inflation. Therefore, we should invest our money in any of these Investment Vehicles: (1) Paper Assets, (2) Businesses and (3) Real Estate.
- An example of Paper Asset is the Stock Market. If you want to learn more about investing in the Stock Market, try reading the books of Bro. Bo Sanchez (My Maid Invest in the Stock Market and The Turtle always Win) or Join the Truly Rich Club.

Imbalance
* Follow the 3rd Rule of the Rich - "“What You Earn Should Be Equal To What You Know.”
- Do NOT try to earn more than what you know! Confidence is a terrific thing.  Overconfidence is a terrible thing.
- Lower our risk by increasing our learning or increasing our wisdom.
- We need to invest in our Financial Education. (If we think Financial Education is expensive, try IGNORANCE).

Talk# 3: Holy Money

Can Money be Sacred? What does Holy means? Many thought that Holy = Religious. But Bro. Bo said that the Greek word for Holy is Hagios which literally means "set apart for God". We already know that God is Love. Therefore, to set apart for God also means to set apart for LOVE.

If we want to know if our money is holy , we need to recognize the two important signs of HOLY MONEY.

Sign#1 : If the Purpose of Money is LOVE.
- If we give, it should be out of love. If we tithe, it should be out of love.
- We all have moral duty to give. We all have moral duty to be Truly Rich.


Sign#2 : If the Process of Money is LOVE.

- How did we earn our money? 

- According to Bro. Bo, we need to always ask ourselves, "In the process of making money, did I become more loving? patient? sacrificial? selfless? 

If all our answers are "YES", then our money is HOLY, as well as our job, business and investments.

Bro. Bo ended the talk saying that Wealth's mission is to love others and it wants to find its way into the hands of loving people who will earn and use it for LOVE. He encourages us to be THAT PERSON of GREAT LOVE.

Talk# 4: Bonus Talk

According to Bro. Bo, if we want to change our Financial Life, we need to change our underlying Financial Behavior and Financial System.

Our Financial System is consists of our thoughts, behavior and verbal pattern which normally is influenced by our family. Our Financial system can either break or make us. He said, that there are only 2 financial system in this world namely the Hunter and Rancher System.

The Hunter System/Cycle
1. A hunter goes out of his cave when he's hungry to find food to eat.
2. Party with family and friends when he finds a catch.
3. When the meat is gone and he's hungry again, he goes out to hunt for another animal.

    Hunters can be employees or entrepreneurs. No matter how big their incomes are, they would be times that it will be gone. And they would be forced to go out and hunt  again.

The Rancher System
1. Rancher don't eat everything they capture.
2. They keep some to breed other animals.
3. Ranchers will always have food to eat because they grow their own food.

Their difference????
If a hunter takes a vacation and stop working, he stops eating;
If a rancher takes a vacation and stop working, he'll continue to eat because his animals continues to multiply on their own.

Bro. Bo suggested a system to acquire the Rancher system called the " Seven Jar Strategy". Every time we receive our salary/commission/profit, divide our money into these 7 jars.

The Seven (7) Jar Strategy

Jar 7: Emancipation Fund (20% or More)
- For Retirement.
- Others call it Freedom Fund.
- You can invest it in Paper Assets like Stocks, or Real Estate or in a Business.
- This will make us a rancher.

Jar 6: Emergency Fund
- For Emergencies like leaking roof, car repairs, sickness, etc.
- Should be equal to 3 to 6 months of your salary
- Keep in a bank for easy access/liquidity.
- The older you get, the bigger it should be.

Jar 5: Everyday Fund (70% or Less)
- For regular monthly expense
- Live simply to live within this range.
- If your income increases, your everyday fund should decrease.

Jar 4: Empower Fund (5% to 10%)
- For short term savings like saving for a house downpayment, a car, a new laptop, a new gadget, a trip, etc

Jar 3: Enjoyment Fund (5%)
- For our enjoyment because God wants us to enjoy life.
*** 1 Timothy 6:17 " ... put their hope in God, who richly provides us with everything for our enjoyment.
- The enjoyment fund is for our wants. This fund is needed to avoid being an impulsive buyer or a miser/penny pincher.

Jar 2: Education Fund (5%)
- Invest in ourselves. If we grow ourselves, we grow our wealth.
- We need to be teachable. We need to be a student and be teachable. Humility is the key.

Jar# 1 Eternity Fund (10% or more)
- For our Tithe - our ultimate investment with the greatest return.
- This is our long-term investment. God will always remember whatever we give to Him and will reward us accordingly for all eternity.
- It is the safest investment because because it is like shipping our investment in heaven..
- Every time you receive your salary, set aside your tithe and see how God will supply your every need.
- When we tithe, we acknowledge that everything we own really belongs to God.

He emphasize that we should be a Rancher , not a Hunter. Before he ends his talk, he repeated the story of the Rich Man and the Beggar which he told last year. The full version of the story here.


Hope I was able to share the inspiring words from Bro. Bo. Let's work together towards our financial freedom.

May All our Dreams Come true! :)

Online Stock Broker: BPI TRADE Had Improved

Ever since I had invested in the stock market, I was using the service of an Online Stock Broker. For our US account, we had use Smith Barney, UBS and ETRADE. For our account here in the Philippines, we had started with BPI TRADE then added Citisec Online (now known as COL Financial) because of the EIP* strategy that they are offering. I never let go of BPI TRADE because the time I opened an account in COL, some of my stocks in BPI TRADE are having paper loses.

Right now, I still maintain some of my stocks in BPI TRADE but I add up to our investments in our COL account. Just today, I was reminded to check on my stocks in BPI TRADE and surprised that I can't get through. Then I found that they migrated to a new URL Login Page. I also found out that they had upgraded their site which is almost similar to the pages and infos that can be seen in COL Financials.

Their landing page after you log in is far better than before and they already have new tabs with very informative drop down menus. The upgrade that I appreciated the most is the "View Porfolio". Previously, when you view your portfolio  you can only see your position and would not know whether you gaining or losing. This view option was already present in the COL website ever since I opened an account from them.

I am still a loyal client of COL Financials but I would still want to congratulate BPI TRADE for this a great improvement. Thank you for keeping up with the competition. There are are still a lot of Filipinos that needs to know the advantage of investing in the stock market. We're just a few years for PSEi to reach 10,000. :)

Think Rich Pinoy Wealth Seminar Last February 9, 2013

The last Think Rich Pinoy Wealth Seminar was held last Saturday February 9, 2013 at Enderun Colleges in BGC Taguig City. Yours truly was again given an opportunity to serve in the TRP Wealth Seminar last Saturday. My husband was in the technical while I was the timekeeper. We also facilitated during the Cash Flow 101 Board Game.

There were two new speakers namely Leila Hernandez, Author of the 9 to 5 Millionaire Book and Edmund Lee, Research Analyst of COL Financials.

Below are the lessons I have learned and Noted from the speakers:

1. Bro. Bo Sanchez ( The Theology of Money)
       • Our Financial Life can be divided into 3 phases:
             o Phase 1: Desert Experience (Not Enough)
             o Phase 2: Desert with Manna Experience (Just Enough)
                 This is addicting but never gets addicted to it. We need to learn how to move to the next phase.
             o Phase 3: Promised Land Experience (More than Enough)
      •  Money is everywhere. The Purpose of Wealth is to help others.
      • Value your Financial Education. Free is not good. “Kailangan may taya”.

2. Sir Larry Gamboa ( Scaling up your Real Estate Start Up)
      • Action brings clarity.
      • Make your 1st step.

3. Eden Dayrit Alemania (4Fs – FIND it, Fund it, Fix it, Flip it)
      • Accumulate More properties for passive income
      • If you are jobless, you need a co-borrower for a bank loan.

4. Ronald Cagape (Numbers in Real Estate)
      • When still starting and still building capital, do buy and sell.
      • If with available capital, buy an income generating property.
      • Remember that you make a profit when you buy.

5. Edmund Lee (Investing in Real Estate through the Stock Market)
      • Investing is a need – For Retirement and to beat Inflation
      • The key in choosing a stock is Management (CEO).
      • Currently, stocks of Real Estate Companies are not yet bullish.
      • Tip: The Next Walmart  - Puregold ;)

6. Leila Hernandez (9 to 5 Millionaire – A Real Estate Start up)
      • If you invest in paper assets, you are like a Virtual Business Owner
      • Loan Refinancing have an added cost but can be waived depending on our relationship with our banks.
      • It is not advisable to invest in a lot that you will use for your dream house in the future. Better to invest the money in an instrument that can give you a high gain then buy your dream house in the future in CASH,
      • Her advise:
            o Hold on to your current job and do your best
            o Do your investing after work (weekends).
      • The key is Discipline and Integrity.


Being a servant in the TRP seminar for almost 2 years really  changed my life. Every now and then, there are new things to be learned. I learned  by serving. Indeed, every seminar is different not only because of the topics discussed and new speakers but also because of the people I meet. It also gave me a feeling of fulfillment knowing that I was able to be part of the TRP vision of creating millions of Filipinos by 2020.

 I also want to quote Sir Larry on One of the Secrets of the Winners is their Commitment to Mastery. Keep on learning. Invest in your financial education. If you think Financial Education is Expensive, Try Ignorance. ;)

I hope to see you in the Next TRP seminar on April 06,2013. I am not sure if I can still serve that time because it will be just few days before I give birth to our latest blessing.

May our Dreams Come True!

WHAT IF.... You Volunteered or You were Volunteered?

This question came into my mind when I was invited by Dr. Larry Gamboa Author of Think Rich Pinoy Book to give a Testimony on Real Estate and Stock Market last Monday May 14,2012 to the Retirees of La Salle - College of Saint Benilde. The Seminar is entitled " Life After CSB" which has four parts:


Part 1: Monday morning "Managing Change and its Challenges on Time and Life.”
Part 2: Monday afternoon “Managing Financial Opportunities for a Better Life”
Part 3: Tuesday morning “Exploring Business Opportunities and Employment in the Corporate World”
Part 4: Tuesday afternoon is specifically only for the retirees.



I was honored and blessed to be able to meet these great people. Actually, I was thinking that our audience would be of the retiring age of 65 years old but there were also young faces in the group. I learned that "VERO" or Voluntary Early Retirement Offer was offered to the CSB employees and the attendees were those who availed.  They will be receiving a good package. I also remembered that such thing was also offered by my previous employer when they needed to do some cost cutting measures but they named it differently - RIF or Reduction in Force.

But what is supposed to be the meaning of Retirement?
As per Wikipedia, Retirement is the point where a person stops employment completely. A person may also semi-retire by reducing work hours. Many people choose to retire when they are eligible for private or public pension benefits, although some are forced to retire when physical conditions don't allow the person to work any more (by illness or accident) or as a result of legislation concerning their position.


Whatever the purpose of the retirees in availing the VERO it is good to know that CSB made an effort to prepare them for the "Life After CSB". The speaker of the first part of the seminar was the CSB HRD Manager. He discussed the "Who Moved my Cheese" Book and it was so relevant to the theme of the seminar.

The speakers for the 2nd part of the seminar was Aya Laraya of Pesos and Sense. He talked about the advantage of Investing in the Stock Market. I have heard Aya talked for many times already but there is always something that I learn whenever I got to listen to him. It was also a blessing to be able to discuss stock market with him and get tips on his preferred companies - MPI, MWC and the three major Banks.

My testimony was after Aya. I shared about the advantage of investing in both Real Estate and Stock Market. My sharing focused on my two Real Estate deals and Stock Market Performance from the Year I started investing in the Stock Market to present.

Sir Larry spoke after me and he discussed How to be become a MAVEN. He inspired the group to find their passion and monetize it. They can use it to generate income after CSB.

The response of the audience was overwhelming. They appreciated our sharings.

It was also a blessing to meet Dean Pax Lapid of GoNegosyo and be able to discuss Stock Trading with him. He recommends to have two Citisec Account. One intended for Long Term Investment and one for Trading. He advised me to only invest less than 1/3 of the amount I have in my account intended for long term. He mentioned that he preferred Holding companies specifically DMCI.

It was truly an overwhelming and a different experience especially thinking that you were able to share my experience to these people. I am greatly honored and thankful to Sir Larry for inviting me to give a testimony to the people of CSB. Thank you also CSB for the tokens below :)

Think Rich Pinoy Wealth Seminar Last March 17,2012

The Last Think Rich Pinoy Wealth Seminar was held is the Citisec Training Room 24th Floor East Tower Tektite Building last March 17,2012.

Yours truly was invited to be one of the speakers. Other Speakers aside from Larry Gamboa were:


1. Bro. Alvin Barcelona
* Feast Builder of Light of Jesus Community.
* Rock-Preacher
* Enterprenuer. Owns a School and other mico businesses.


2. Jay Castillo
* Owner of www.foreclosurephilippines.com
* Real Estate Investor and Licensed Real Estate Broker



3. Aya Laraya
* Realtor
* Writer
* TV Host
* Certified Securities Representative
* Certified Investment Company Representative

3. Marivic Salva-Angeles
* Real Estate Investor
* Licensed Real Estate Broker
* President of Happy Homes Realty
* Marketing Consultant of Think Rich Pinoy Realty

4. Grace Lucker
* Interior Designer
* Handy Woman
* Owner of Urban Dweller Management Creative Solutions



5. Eden Alemania-Dayrit
* Chemical Engineer turned into a successful Real Estate Investor.
* Bought, Renovated, Leased and Sold more than 28 Real Estate Properties.


6. Ronald Cagape
* Real Estate Investor
* Licensed Real Estate Broker
* Resident Cashflow Game Master of the TRP Wealth Seminar
* Publisher of www.livingcashflow101.com and www.smalldealblueprint.com


Each Speaker discussed different topics related to Real Estate.

Bro. Alvin was the first speaker. He discussed the Theology of Money. It sets the mood and mindset of the attendees on the purpose of wealth. He also discussed the strategy he used in acquiring the real estate property where his school is now operating which is the FIND > FUND > FIX > KEEP strategy.

Sir Larry Gamboa was the second speaker. He talked about how he got into real estate and how everyone can be a MAVEN or Expert in REAL ESTATE. He said that ACTION Brings CLARITY. We need to act to get things together.

I was the 3rd Speaker. I related Stock Market and Real Estate. I mentioned why we need to invest in both vehicles. I compared the two side by side based on nine criteria. I also discussed WHAT strategy I used, WHY and HOW I DO IT as shown below.

The fourth speaker was Jay Castillo. His topic is doing the numbers in Real Estate. He gave a CASE STUDY and also showed how to compute the ROI in real life as shown below:

Next was Aya Laraya. He discussed more about Building Wealth in the Stock Market and Citisec's EIP Program which is the better way to go in the stock market than doing market timing.

Maves Angeles was the next speaker. She discussed the Five Ways to Prosper in Real Estate as shown below.

Grace Lucker spoke after Maves and discussed how to stage and rehab an ugly property. She mentioned that a real estate investor shouldn't be afraid to buy ugly houses because it is easy to make them pretty. She also showed pictures of some of her great projects. She also mentioned that looking for a great property, we need to look for the Triple D:

Eden Dayrit spoke next to Grace. She shared her background and how she got into real estate. She mentioned that she went into hiatus for a year to work on some important matter but now that it everything is running smoothly again, she will be back into real estate investing. It was noted that even though Eden went into hiatus for a year, she was able to get by because of the passive income she's getting from her previous real estate investments.

The last part of the Seminar is the Cashlow Board Game which was spearheaded by Ronald Cagape. All the attendees enjoyed the game. I was blessed to be one of the facilitators and also learn strategies from the players. Ronald also announced the launching of his new site (www.SmallDealBlueprint.com).

Without being biased, I can say that the attendees were happy after the seminar based on their written feedback. Being a servant in the TRP seminar for the past few months changed my life. Every now and then, I learned new things. I attended the TRP Seminar May of 2010. It's been almost two years and I am still learning by serving. Every seminar is different not only because of the topics discussed but also because of the people I meet and knowing that in one way or the other we learned from each other. It also gave me a feeling of fulfillment knowing that I was able to be part of the TRP vision of creating millions of Filipinos by 2020. I also want to quote Sir Larry on what he said during the TRP Mastery Academy that " Experts are students first, servant always".

I hope to see you in the Next TRP seminar on June 02,2012. I am not sure if I will be invited to talk again but I am sure that I will still be there to serve by facilitating in the Cashflow Board Game.

May our Dreams Come True!

Feast PICC Talk Series: Break Feast with Special Sharing by Edward Lee 030412

The Overflow Series Officially Ended last Sunday with a BREAK Feast. There was no talk but a sharing by Edward Lee.

But Who is Edward Lee???

Back Track:
Edward Lee did not come from a rich family. Her mother was a teacher and her father was an ordinary door-to-door salesman. He is a college drop out because he doesn't like school.


Fast Forward:
Edward Lee is the Chairman of the Board of CitisecOnline.Com Inc. He has held this post since 1999. He is Chairman of the Board of CSI since 1986 and Chairman of the Board of CitisecOnline HK since 2001. He served as Nominee of CSI to Manila Stock Exchange (MSE) and the PSE. In addition, he is the Chairman and Chief Executive Officer of the CWC Group of Companies which includes CWC Development, Inc., Barrington Carpets, Inc., Citimex, Inc. and CWC International, Inc.

He shared his Secrets to Success:

1. Have a Purpose

- Write down your Goals

2. Build Relationship

* Build relationship to the people who are critical for the success of your business

- Employess

- Customers

- Suppliers

- Bankers

3. Have Integrity

- Honor what you commit

- Do what you SAY.

4. Financial Literacy

- Know the Principle of Receive, Retain and Reproduce.

5. Generosity / Tithe

* Give Back to God for everything that we have was from Him.

Looking back at who he was to who he is now is so inspiring. But according to him, it was all because of his parents. He is a "Product of Unconditional Love". Even though he was failing at school, he never heard his parents telling bad things on him instead they encouraged him to do good. Thus, he encourages all parents to spend more time with their children and bless them instead of telling them words that will offend and destroy them. He also mentioned that " There were NO Bad Children, Only Bad Parents".

It was a short talk. I think it was less than 15 minutes but Edward was able to deliver the message to becoming successful. Everything must be written. Trust God. Love others. Do the work. Give back to God.

His talk blessed me. I hope this will bless you too!

 

Note:

A Break Feast is not a typical Feast. We have this every end of a Talk Series. A Break Feast is where we spend more time with the Lord, praising, worshiping Him or just being with Him. The Break Feast last Sunday was made special by  the Anointing of the Feast Attendees Hands. This is to receive God's Grace and Bless the works of our Hands. 

Feast PICC Talk Series: Talk 3 - Tips vs. Tithes 022612

This is Part 3 of my blog posts about the Feast PICC Overflow Talk Series. If you were not able to read my previous posts, please click these links: Talk 1 and Talk 2.

Malachi 3:10

Bring the whole tithe into the storehouse, that there may be food in my house. Test me on this, "says the Lord Almighty," and see if I will not throw open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it.

Talk 3 is about Tithing. Bro. Bo described Tithe as a starting point of grateful giving. It is like a training wheels of a children bicycle. We need to start with this training wheels before we can go on our own. In the beginning, GOD gave us everything we need and He is only asking for 10%.

Bro. Bo simplified the Topic by telling a story about a beggar and a rich man. Once there was a Beggar who met a Rich Man. The beggar asked for money but the rich man didn't want to just give him money, instead he made an agreement with the beggar that he will give the beggar products to sell and a place where he can sell the product. The beggar can't believe this great blessing and agreed with the rich man to meet after 30days. He only needs to give 10% of the sales to the rich man. The beggar had a good sale and after 30 days he was still awed with the huge money on his hand. While trying to set aside the 10% for the rich man, a part of him felt that it is not fair to give the 10% to the Rich Man because he did all the hard work and he didn't even see the rich man in the past 30 days. 

We are compared to this beggar. And the rich man is God. God asked for only 10% but sometimes we feel that it was not fair to give 10% to God because we did all the hard work. But the truth is, everything we have is from him.

Many people thought that Tithing was an Old Testament thing. But Bro. Bo explained that it is never omitted in the New Testament. The Old Testament says 10% and The New Testament says: give based on how grateful you are.

Malachi 3:9
Dare a man rob God? Yet you are robbing me! And you say, "How do we rob you?" In tithes and in offerings!

The Bible verse above also said that we are robbing God if we don't give our tithes. God is encouraging us to give. Give More so that we may Receive More. Let us allow the flow of blessing because by this, we also allow the flow of generosity.

Tithing is similar to breathing. If we inhale, we have to exhale. If we eat, we need to defecate.

Bro. Bo also sited the difference of the Sea of Galilee, Jordan River and Dead Sea. Life is about giving. Life is present to the Sea of Galilee and Jordan River because they are giving. Sea of Galilee gives water to Jordan Riven while Jordan River gives Water to the Dead Sea. The Dead Sea gives water to no one. This is the reason why no life is seen in the Dead sea.

God encourages us to give big. Be the Best Giver. Not for us but for God because we have a Big and Generous God. 

Bro. Bo also tries to answer three of the most commonly asked questions:

1. Where should we give our Tithes?

It should be given to the community that nourishes us that it may also nourish more people.

2. Should our Tithe be based on Gross or Net?

We need to decide whether we want our blessing to be based on our Gross or Net.

3. Can the financial help we give to our relatives be considered tithes?

No. These are alms.

To summarize, Tithing is a discipline God gave us to test our generosity. The more we empty ourselves, the more we opened ourselves to God's blessings. 

May God continue to shower us with blessings as we learn to give more than 10% of what truly belongs to Him.

Start Early and Be a Billionaire through the Stock Market

Finally, I was able to open a CitisecOnline account for my 3 year old daughter. I was able to buy few company stocks from her savings.

Her savings account was opened few months after her baptism. We put all the money gifts given to her in that savings account including the money we got from selling her old stuffs.

I know you have a lot of questions in your mind. Let me answer them now.

Why invest rather than keep it in the bank?

• Saving in a bank is good for accumulation only but not for appreciation due to very minimal interest that it offers.
• Bank offers a guaranteed interest of 0.5% to 3% p.a. only
• Stock Market doesn't offer any guaranteed interest but money growth is averaging at 10% p.a.
• To generate future purchasing power and keep ahead of inflation which is averaging at 7%.
• My daughter will not be needing the money in the years to come.

Why in Stock Market?

• History has proven that investing in stocks over the long term provides greater returns and protection against inflation compared to other investment vehicles.
• Better gain if done correctly. Investing rather than trading.
• More Control on what company to buy rather than getting a Mutual Funds which are also investing in the stock market.
• Lesser commission charges. Commission is only charged upon buying and selling of stocks. Whereas in the Mutual Funds or other Managed funds, you were charged a certain management fee every year or every month depending on the Company.
• You own a Business without the headache. You share with their success but also share with their losses (Stock Value).
• Aside from the expected gain (capital appreciation), some companies give DIVIDENDS. This is a tiny part of the company's profit.

My husband and I agreed not to get an educational plan for my daughter due to the recent troubles encountered by the customers of Pre-need Companies. According to some report, about 29 other pre-need companies may end up like Prudential Plans Inc. We have already created a plan on how to maximize our investments to cater for both our retirement and educational plan of our daughter. With our computation, we can get her tuition fee from the earnings of her stock investments. Our plan is to invest every month on our daughters account. If in the future, we can manage not to touch our daughter's investment for her tuition fees, she will end up a multimillionaire. And if she continue investing in her account once she is already capable, she will be a billionaire at age 70. That is if she will not increase the amount that we are previously putting in her account. In case she will, she will be a billionaire earlier than 70 years old.

So far, this is our plan. Let's accumulate wealth and be a Blessing to Many!

To our Financial Freedom! Cheers!

PS: 
If you have other questions, please leave a comment and I will try to answer you to the best of my ability.

Feast PICC Talk Series: Talk 2 - Income vs. Wealth 021912

I am sharing to you again what I have noted on  "The Feast OVERFLOW Series Talk 2. If you were not able to read Talk1, check it here.

Bro Bo. started the talk with a short story about the ANAWIM. It is one of his foundations which  is a home for the aged people that provide senior care and home for the less fortunate. This serve as a nursing home for the abandoned elderly plus a few orphans and physically and mentally handicapped persons. He said that many of the visitors were awed by the beauty and peacefulness of the place. Many of them wished to be a resident of it. But Bo told them that for goodness sake, don't wish to be a burden to the foundation but a DONOR even at old age.

His main message is that "We need to CREATE WEALTH for our OLD AGE".

There are Three (3) Steps to Create Wealth namely:
1. RECEIVE - have a regular income (active or passive)
2. RETAIN - have a simple lifestyle
3. REPRODUCE - multiply what God has given to you


RECEIVE
We need to have a "STEADY INCOME" / Positive Cashflow. The Goal is to have BIG WEALTH and making Jesus the Master of our Finances.



RETAIN
Bro. Bo mentioned one of the statements we normally hear "Money does not buy Happiness". Yes it is true. But he also said that " We need a minimum amount of money to make us happy". We need some money to put food in our stomach, to go from one place to another, to travel and bond with our family or relatives, to pay for our utilities. etc He also said that Happiness is not always directly proportional to Possession. There would come a point in our life that the more possessions we have, the lesser happy we become.

Some of the reasons why possessions can lessen our happiness are: more worries, more stress, more concerns and more maintenance cost.

He also pointed out that INCOME is "NOT EQUAL" to WEALTH. No matter how big or small our income is, if we don't live a simple life, we will end up broke in our old age. The key to becoming wealthy even with low income is by living simply. We should not give in to materialism but to simplicity.

We should also practice DELAYED GRATIFICATION to build wealth overtime. Don't be an impulsive buyer especially if you'll be buying using your credit card.

 "If you keep on BUYING things you DON'T NEED, you'll end up SELLING the things you NEED."

The advantage of delaying our gratification is that by the time we have the money to spend, sometimes we'll find out that we don't want it anymore. We can also feel a deeper joy, once we have finally bought that thing we were only dreaming of before.


REPRODUCE
Retaining our wealth is not enough. Same thing with saving our money for long term in a bank. It is like a recipe of poverty because of the risk discussed below.


Two (2) Kinds of Risks
1. Lost of Capital - This happen when a business fall.
2. Lost of Value - This is what happens to the money that is kept in our bank account.

It is okay to put our Emergency Fund in the bank for liquidity but not the money intended for our Long Term Goal. The thing  that cause LOSS of VALUE is Inflation. I can discuss this thing on my next blog posts. But I can give an example of the the effect of inflation. When I was in grade school I can go to school with only 5 pesos because the fare is only 3pesos 2-way. Today, my 5 pesos, can't bring me anywhere because the minimum fare is already 8 pesos.

Bro. Bo said, that to reproduce our wealth, we need to invest.

There are 3 BEST PLACES to INVEST our MONEY namely:

1. Paper Assets - Stock Market
2. Business
3. Real Estate

Among the three, the STOCK MARKET is the easiest, safest , most effective way of building your wealth for your old age. He even compared the population percentage of the investing public in other countries (USA = 70%, China = 60%, Philippines > 1%). Only few people are invested in the Philippine Stock Market because of the negative things we heard from the people who lost or losing in the stock market. But if we only know how to maximize the ways of earning in the stock market, we will never get lost. And can become part of the 15% will are making money in the stock market.

Two Ways of Entering the Stock Market
1. Indirectly - Equity Fund, Mutual Funds (Equity)
2. Directly - get a stock broker like Citiseconline.com.

We will never fear investing in the stock market if we only know the WHAT, WHY, WHEN, WHERE, WHO and HOW. We NEED TO LEARN and invest in Financial Education.

If you want to learn the more on the stock Market, you can join his next seminar:

WHAT: How To Make Millions In The Stock Market  “Live” Seminar 

WHEN: March 17, 2012, 8:30 a.m. to 12:00 p.m.

WHERE: Mandaluyong CitySEMINAR FEE:  Php 497

I am also a STOCK Market Investor and I have been following Bo's advise to his Truly Rich Club Members. Investing in the stock market for two years already shows an average of 10% per year gain. We can't get this gain if we will just keep our money in our bank accounts. I can truly say that it is one of the great investment vehicles we have in the world.

To summarize, Bro. Bo uses a SIMPLE MAGIC FORMULA for Building Wealth. It is the 10/20/70 rule.

• 10% of your income is a Tithe or Love Offering to God
• 20% of your income is Invested into Paper Assets, Business or Real Estate
• 70% of your income is spent on your daily expenses.

As our income increases, we can adjust the formula to 20/30/50 or even more.

Our prayer is that God will bless us financially  and make us rich that we can bless more people around us.

May all our Dreams Come True!

Note:
Anawim (pronounced ann-a-weem) is a Hebrew word from the Old Testament which describes the “poor ones” who remained faithful to God in times of difficulty. These humble people became known as theanawim or the “faithful remnant.”

STOCK Update: Don't Listen to the Noise

Being a member of the TRULY RICH CLUB, we got to get monthly Stock Updates from Bro. Bo Sanchez and his Stock Market Mentors. Aside from this, we are also able to receive Stock Alerts from time to time depending on market condition. These updates and alerts were very useful for us who are following his advises. We were able to realize a pretty gain on our investments for the past 2 years.

I would just like to share with you an excerpt from the Stock Update that we received yesterday.

“Don’t Listen to the Noise”

The difference between a successful stock investor and an unsuccessful stock investor is this: The unsuccessful stock investor is preoccupied with the market—its ups and its downs. The successful stock investor is focused on fantastic companies.


Warren Buffett, the greatest stock market investor in the world, said that if they closed the stock market for five years, it wouldn’t bother him. Why? Because the ups and downs of the market is noise to him. He doesn’t care about it. He invests in growing businesses, period. Not the stock market.

The key? To invest each month in fantastic stocks.

That’s why Warren Buffett’s investment horizon is 10 years to forever.

For example, when CEB, EDC, and FPH dropped almost 10 percent, that was noise. Peter Lynch, another legendary stock market guru,said: “The key to getting rich in stocks is not getting scared out of them.”

Out of the 10 companies we’re recommending, some companies are like eagles flying high today, such as ALI, MBT, BPI, NIKL. (We predict they’ll go higher.)

Some companies are horses that are galloping nicely, like CEB and SMPH.

Some companies are turtles crawling in the mud, like JGS, AP, EDC, and FPH. We believe that they’ll have their day to shine. We just don’t know when.

But all that is noise. They’re eagles, horses, and turtles now. In the future, they might be exchanging places.

So if you have the money, invest in all of them. Or buy five this month and buy the other five next month.

If your investible funds each month are smaller, then buy two or three different companies each month.

Which should you buy now?

If you’ve been doing SAM for some time, I suggest you buy some or all of our new recommended

companies: BPI, NIKL, JGS, and SMPH.

My other suggestion? Block out the noise.

Remember: Becoming wealthy is simpler than you think.

Happy investing!

May your dreams come true,
Bo Sanchez

We already bought stocks from the Initial List of Bro. Bo's recommended companies. We haven't bought all the new addition to the list but we are planning to buy some soon. So far we are happy with our stock investments. The image on this side will show you how is it growing. We have one stock that is at a loss (on paper) but we don't listen to noise and thus we are not bothered. We just keep on investing because TODAY is the RIGHT TIME to SOW.

May this bless and convince you to invest in the stock market and be part of the 15% who will make money in the stock market.


Enjoy your Journey to Financial Freedom!!!



PS:
Should you have any question on this post or on stock market investing, please leave a comment or contact me here.

Feast PICC Talk Series: BONUS Talk on Entrepreneurship by Dean Pax Lapid

There was a bonus talk on the OVERFLOW Series about Entrepreneurship. There were a lot of things that we learned and I am sharing them to you. See details below:

Date: February 12,2012
Topic: Secrets of Successful Entrepreneurs
Speaker: Dean 'Pax' Lapid
Co-Author of "Go Negosyo 21 Steps on How to Start your Own Business"

Luke 6: 48
"He is like a man who built a house, and digged deep, and laid the foundation on a rock: and when the flood arose, the stream beat vehemently upon that house, and could not shake it: for it was founded upon a rock."

Three (3) Points from this Bible Verse

1. Build a House - Create Wealth

2. Dig Dip - Work for it

3. Solid Foundation 

"Learning is Effective if enjoyable".

1st Part of the Secrets 
(Most Important)

T - Talent and Time

R - Recognize the moment of Opportunity

U - Understanding the Business Logic

L - Luck is both Preparedness and Opportunity

Y - Why buy from me

T

Talent and Time

We have an overflowing gifts of time and talent that we only need to tap and recognize. Take the example of a Huge elephant being overpowered by little people because they were chained when they were young and when they grew bigger they thought that the rope tied on their feet would also not let them go away. 

R

Recognize the moment of Opportunity

Most of us are guilty of Laziness in mind and action.

**Success Formula of the Masters (3D)**

• Direction (Goals + Actions)
• Determination (Passion and PErseverance)
• Destiny (Success of Life's Dream/Business)

Find your True North

-Julies Bakeshop was created @ her Senior years

- KFC was born when Sanders was already 70 years old

Need to change Mindset

- Success is a function of Good Judgement 

Dream Big. Start Small

U

Understanding the Business Logic

Probing

Who, What, Why, How, Where and When

L

L - Luck is both Preparedness and Opportunity

is the offspring of preparedness and opportunity

Why can't we take advantage of opportunity? Fear of Failure

If you want bigger INCOME, you must COME IN.

Balance Time, Talent and Treasure. Most important is TALENT

Y

Y - Why buy from me

It is "not" the Price.

A business idea is only a successful business if it has to do with "ER" factor.

ex. bigger, faster, nicer except cheaper unless you are the manufacturer.

In Summary (PINAY):

PI -liin ang Hilig or Gusto (Personal Preference)

NA - aral (Education) / gawa (Experience) / galing (Expertise)

Y - why buy from me (Customer Solution)

2nd Part of the Secrets 
(Important to Sustain the Business)

R = Regular Customers

I = Invest in Relationships across the Business (Client, Partners and Employees)

C = Cashflow should be positive (Basic Finance). "Don't plan for BREAKEVEN because you will be BROKEN".

H = His (God) will/plan be done.

He concluded" "Whatever we endeavor, God should always be part of the Equation".

It was a short talk but very comprehensive. The way the topics were delivered is very light and easy to comprehend. I believe many were blessed and changed after the talk. I then also invite you to join us next Sunday in PICC for TALK 2 (Income vs. Wealth) and be blessed! See you there!

May All Our Dreams Come True. :)