Drink Now Or Drink Forever?

Drink Now Or Drink Forever? 

TrulyRichClub

As a member of Bo Sanchez Truly Rich Club. I would like to share some Soul Food that I was received from these club. And it was very interesting to learn on how to invest in the stock market. Read below..

One day, a man got lost walking in the desert. The next day, he was still lost. After two days under the scorching sun, he was very thirsty. All of a sudden, he saw a little wooden shed. He ran to it, thinking of only one thing—Water!

When he arrived there, he saw an old, rusty water pump sticking from the ground. He gripped the handle and began pumping like a mad man. But nothing came out. Disappointed, he stepped back how to make it work. Looking around, he saw a jug covered with dust. When he grabbed it, he saw a piece of paper stuck on it. The message read, “Open this jug and you’ll find water. Don’t drink it. Pour it instead on the pump. And you’ll have all the water you want.” 

He popped the cork. True enough, the jug was filled with water. Lovely, thirst-quenching, water. Now imagine you’re that thirsty man. For two whole days, you haven’t drunk water. Your mouth is so dry, your tongue is sticking to the roof of your mouth. You’re literally dying of thirst. And you’re now holding a jug full of water. But the message says that you should throw it away! 

For a moment, your heart is torn. What if the message was a joke? A cruel prank? What if you poured the water on that rusty pump and nothing happened? But the man in our story chose to take the risk. He closed his eyes, took a deep breath, and poured the water. He held the handle and pumped like crazy. A few seconds later, torrents of water gushed out. Indeed, he had more water than he could ever need! 

He drank to his heart’s content. He also found water containers to bring with him on his journey and filled them up to the brim. But before leaving the place, he filled the jug with water. And underneath the sign attached to it, he scribbled, “I tried it. Believe me, it works.” 

You Have A Choice: Money Now Or Money Forever 

This is a great picture of why people are poor. The money that you hold now, no matter how small, is like that jug of water. And you always have a choice: You can drink now or you can drink forever. You can have money now or have money forever. How? By investing. A lot of people don’t invest. They spend whatever they have. I’ve met people who earn P10T a month or 50T a month or P500T a month—and they spend everything. (Yes, I’ve met a lot of high-income poor people!) That’s why their money pump remains dry. And they’ll remain poor forever. It really doesn’t matter how much people earn. What matters is how much they invest. 

Investment is a crazy decision. It’s as crazy as pouring that last jug of water into the pump. Friend, you have money now. 

It may be small but you have it. And you’re standing in front of a money pump. 

Start Investing Now And Retire Wealthy 

Friend, you have a choice. Will you simply consume your money? Or will you pour it into the money pump—so that it produces more money for you? To learn more, visit my TrulyRichClub at www.TrulyRichClub.com.

In that site, you can download (for free) my eBook, My Maid Invests In The Stock Market And Why You Should Too. When you sign up, you’ll also receive my TrulyRich eLetter each week. No charge. 

Of course, if you wish, you can become a Gold Member of my TrulyRichClub. When you do, you’ll receive a truckload of material to help you gain financial abundance. Like my Stocks Update eReport (sent to you twice a month) to help you invest in the Stock Market; WealthStrategies eLetter so you learn the latest things I’m learning in building wealth; Audio PowerTalks so you can grow in your personal life; and so much more!

Log on at www.TrulyRichClub.com now. 

May your dreams come true, 

Bo Sanchez 

PS. Start investing. Don’t delay. Visit www.TrulyRichClub.com now.

Net worth update(November 2011)

UniLOAD in Kabuhayang Swak na Swak

UniLOAD in Kabuhayang Swak na Swak 

If you are looking a business, watch video below..

Upon signing-up and registration you will get.
· 1 Big poster
· 20 Fliers
· Dealer ID
· 20 Retailers guide
· 3 Dealers guide
· 1 DVD presentation
· 1 Eco Bag
· Unlimited retailers account free poster for life

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Uniload: E-loading Business 

Uniload: How to sell?

Pesos and Sense Video Episode 9

Pesos and Sense Video Episode 9

Pesos and Sense

Mr. Miko Sayo of Tsupitero.com sharing Short Term investing in Stock Market using Tsupitero (day trading)

Pesos and Sense Video Episode 9 Part 1

 

Mr. Edward Lee, the big boss of Citiseconline.com on Long Term investing in Stock Market using cost averaging method.

Pesos and Sense Video Episode 9 Part 2

 

Garry De Castro sharing his personal experience on investing in mutual funds, insurance, real estate and stock market.

Pesos and Sense Video Episode 9 Part3

Aya's Question and Answer 

Pesos and Sense Video Episode 9 Part 4

Happy viewing.. Pesos and Sense

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Pesos and Sense Video Episode 8

Games that People Play(2):- Work Behind the Scenes

The world economy and major events that are happening all around the world seems like following the plot of the story in the book - Atlas Shrugged - in the final section.

There are many people complain about their current president can not fix the economy problem effectively.  Some could look further blame previous term presidents that their economy policies are not sound.

Actually, the seeds of trouble for today economy were planted decades ago while Alan Greenspan was at his position as Chairman of the Federal Reserve of the United States from 1987 to 2006!  And now, all the troubles have grown to their mature state.

 If you were to search in the web: "Who is Alan Greenspan mentor?"  You can find that his mentor was the author of the book "Atlas Shrugged", Ayn Rand, and they have a small circle of mastermind.

If you were to dig further and see who's was backing up Ayn Rand -->
http://www.kt70.com/~jamesjpn/articles/atlas_shrugged.htm

Of course, many people would simply say that this is yet another conspiracy theory...

So, I believe that the best way to keep a secret is to put it up onto the web, as people don't believe any secret can be found in the web.

The following pictures are self-explanatory:

It is Strongly Recommend that you watch the video clip (only 24 seconds) on what 

Alan Greenspan has to say.

You may not believe what he say without watching it!!!

If you have trouble to see the video from this blog, click on this -> link  <-

But, history has proven, it is not necessary that their plan would succeed as human being are most creative under huge pressure in critical time.

 AND

 What Matters Most is How You See Yourself, and not

limiting your own beliefs due to circumstances.

Bless All

Next target: Singtel or Starhub

5 lots of Singpost @ $0.99

Purchased 5 lots of Singpost at $0.99 today.

Reasons for purchasing Singpost are:

1) Trading at 52 week low (major support at $0.99)
2) Strong support at $1 which has been tested 3 times since August
3) Dividend yield of 6.3% at this price
4) Limited upside potential offset by limited downside risk($0.70 during 2008 crisis)
5) Singpost-DBS tie-up from 3 Jan 2012?
6) Stable operating cash flows (well in excess of its dividend commitment)
7) Consistent dividend payout

Dividend distribution over the past 10 years

Source: http://singpost.com/singpost_03investor_dividend.htm

Ensure Yourself a Beautiful Retirement Home

The Baby Boomer generation is not leaving the workplace any time soon because of an unstable retirement system that has been put in place. The generation that was looking towards an entitlement program like Social Security to get themselves through their golden years fell victim to faulty 401k's and a housing bubble that left everyone unsure about planning for retirement.

The citizens of Greece and Italy decided to pack it in early and set up their retirement homes all at the same time. According to ABC Melbourne, the new governments elected are raising taxes and slashing entitlement programs en masse. Citizens are rioting across the country in protest of these new decisions. While this is happening in Greece, we are facing the same problem in the US with the Occupy movement.

A recent report by Ameriprise Financial found that Americans aged 40-75 are more anxious and worried about retirement plans than ever before. Even if you have been working hard all of your life, have a double income household, and a little bit of a nest-egg saved up for yourself, the chances of living a comfortable retirement in your dream home are becoming more grim.

Real estate prices in Florida, Arizona, and any coastal tropical climate are going to be more expensive than anything that is inland. If you want to find a good place to retire with a warm climate, you should look towards other areas that share a temperate climate. If you travel up the east coast from Florida, the Carolinas and Tennessee offer excellent and scenic locations to retire without the steep real-estate prices.

An excellent way to set up a guaranteed retirement property is to purchase a property lot in your 40's near a lake or other body of water. Instead of moving to a planned retirement community, you will have more freedom and a sense of ownership in what you have built for yourself. You can start by purchasing an old, dilapidated property you will have the chance to make it into something beautiful.

By learning about house restoration from sties like HGTV, hiring a personal contractor, and encompassing some clever landscaping tricks, you can turn a tiny house next to the lake into an expansive property where you can cherish your spring, summer, and fall. By building a fireplace, you can also have a cozy cottage perfect for the cold of winter.

Planning for retirement is a lot harder now than it has ever been for Americans. Just because you work hard all of your life doesn't mean you can sit back on Social Security and your employer's pension for the rest of your life. By carefully planning things out and getting financial advice you can start to set up your retirement plans now.

What Diversify Really Mean?

What Diversify Really Mean?

Diversification

We commonly heard this term from many investor, financial adviser, Personal Finances blogger etc out there. In order to spread the risk of our investment or even risk for running a businesses, we must diversify our money and resources. However, there are some varying opinions on what this term really means and the implementation of diversifying our money and resources can be difficult.

While diversifying is important for anyone, the most important is doing it correctly and making sure that the money and resources are allocated properly.

In one instance, let’s use a business for an example. A Business just getting started, have a few small clients. At one time, they manage to get a one big client, then suddenly all of money is flowing in. The company managers begin to use those profit to buy more equipment. To expand the company, they hire more workers. What they don’t do is spend the money for developing new more businesses. Suddenly, this one big client pulls out, and the company is left with resources, equipment and employees that they can no longer afford to cover the expenses.

This scenario happens every day, and can even occur with any well established businesses. In this case, diversify means don’t put all of your eggs in one basket, but it actually goes a bit deeper than that. By taking a look at what happened in the above scenario, we can easily apply the same lesson to our finances. Let’s look closely.

The company had more money coming in from that one Big client. They neglected to put it away, or invest it in for establishing a new businesses. Instead, they immediately began spending that money and then putting it into resources that would not bring or give them any return. Now, let’s look at this from the view point of someone in a similar situation.

A person gets promoted from work and get salary increase. The additional money coming in is immediately use for paying a bigger house, a better car, and more luxurious things that depreciated overtime like electronics gadgets etc.. Six months later, this person loses their job. Now, they are left with a mortgage and car payment that they can’t afford to pay and possessions that have depreciated. The exact same problem occurred.

In this person situation, diversify means not relying on only one source of income – much like the above scenario. Instead of immediately upgrading the cost of living like buying a new house, new car etc.. if that person had put the money into a savings plan or invested it wisely. When their job was lost, they would have had a cushion.

Diversify also comes into play when we are investing. Once again, it’s the same type of scenario. You have one stock that is performing great, so you put most of your money into it. After a month, it plummets and you are left with nothing.

Diversify is important in nearly every corner of life. Without it, we become too reliant on one thing and that spells disaster no matter what industry we are in, or what you do for a living. By taking the time to spread the risk and diversify not only our investments, but also our personal finances, the way we running a business and the way we look at spending, we can develop a powerful protection plan that will help to us during crisis.

$500,000 by 33 years old

I mentioned that one of my goals is to achieve a net worth of $200,000 by the age of 28. However, during this period major expenses such as marriage and buying a house will devour a huge chunk of my cash. Renovation and furnishing of the house alone could easily cost about $40,000, not to mention wedding expenses. To make things worse, my next target net worth is $500,000 by age 33.

To achieve $500k in investable assets by age 33, I have made several assumptions:

(1) My wife and I will save at least $2500 monthly combined($30,000 yearly) from age 28 to 30 and $3500 monthly($42,000 yearly) after I turn 30

(2) At least 2 major bear markets in the next 10years: Invest lump sum periodically during downturn to achieve an average return of 8% per year.

(3) The money in my CPF OA combined with my spouse's is enough to pay for the down payment and other miscellaneous fees - cash will only be used for renovation

(4) Spend no more than $50,000 at age 28 for renovation of house and wedding($150,000 left) : Ang Pow money can cover at least 70% of wedding dinner.

Here is how i calculate my net worth to be $500,000 based on the information given in point (1) to (4) above:

Based on the information that I will save $30,000 yearly from age 28 to 30 and $42,000 yearly after 30, I use a return of 8% to calculate future value of cash flows and initial principal of $150,000 at age 28:

Principal: $150,000
28: $30,000
29: $30,000
30: $42,000
31: $42,000
32: $42,000
33:  [FV of principal and cash flows from age 28 to 32] + $48,000(amt saved at age 33) = $470182 + $48,000 = $518182

Note: Cashflows in arrears

Some of the assumptions might sound unrealistic but for point (2) to (4), I realized that it is quite feasible after some thorough research and calculations. Only point (1) has the most uncertainty because I did not take kids into account and saving $3500 a month might be quite an arduous task after setting up a family. Also, I did not consider that my wife or I might be retrenched during this period. Once again, a goal should be slightly unattainable and I look forward to overcoming these challenges and uncertainties.

Pesos and Sense Video Episode 8 - Who is Aya?

Pesos and Sense Video Episode 8 

Pesos and Sense

Who is Aya?

- How Aya started learning how to manage his finances?

- Dakilang Utusan

- Runner in the Philippine Stock Exchange where he learned about stock market

- Investments needs time and commitment

Pesos and Sense Video Episode 8 Part 1

- Guest: Ariel Diccion

- Most Filipinos lack financial literacy

- Aya's investment diagram: Time, Money and Knowledge

- Source of income is a factor in investment

- We need the basic knowledge at least

Pesos and Sense Video Episode 8 Part 2

- Fundamental Analysis: Valuation

Pesos and Sense Video Episode 8 Part 3

Aya's Question and Answer 

Pesos and Sense Video Episode 8 Part 4

Happy viewing.. Pesos and Sense

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Pesos and Sense Video Episode 1

Pesos and Sense Video Episode 2

Pesos and Sense Video Episode 3

Pesos and Sense Video Episode 4

Pesos and Sense Video Episode 5
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Slow progress

Progress this month has been very slow as I have been cancelling tuition due to the hectic work schedule at school. Maintained expenses at $10/day but income from tuition only amounts to $80 so far.  I will ramp up my tuition frequency next week since there are no classes due to the study week.

Having $15,000 in cash, I intend to invest in Singpost or Ascendas REIT and reduce my cash holdings to just $10,000. If my second bursary application is successful, cash holdings will increase by $3000 at the beginning of 2012.

How to pay SSS Contributions using MetroBank Direct online?

How to pay SSS Contributions using MetroBank Direct online?

Last time, I post how to check online SSS Contributions. Now, I would like to share is How to pay SSS Contributions using MetroBank Direct online. Since Im an OFW, it's hard for me to continuously pay my SSS contributions monthly.

I need to go to some Teleremmit office in order to pay every month or quarterly but it takes time for me to go their office due to my work situation. And most of the time I've failed to pay my contributions. Until I find out that we can pay SSS Contributions using MetroBank Direct online.

Here' how:

1. Log in to your MetroBank Direct account and click pay bills. See print screen SSS Contributions below.

SSS contributions

2. After clicking pay bills. Select on special bills which type of SSS contributions you want to pay (Self-Employed, OFW, Voluntary Member etc.). See print screen SSS Contributions below.

SSS contributions

3. On the Subscriber / Account No. box. Fill out your SSS number together with the month and year you want to pay. ie. 1234567890102011 --- 1234567890 is your SSS number, 102011 (October 2011)is the month and year you want to pay.

SSS contributions

4. For the Reference Number just leave it blank. Fill out your cellphone number. Next, Enter the amount you wish to pay or your monthly SSS contributions. Then Click continue and then confirm. Print your receipt for your copy to keep. See print screen SSS Contributions below.

SSS contributions

Here's my proof that my SSS Contributions payment has been accepted.

Before my payment. See print screen below.

SSS contributions

After the payment (It takes 24 - 48 hours to accept the payment during weekdays). See print screen SSS Contributions below.

SSS contributions

SSS Contributions

Here you go, I hope it will help you to find out an easy way to pay your SSS monthly contributions. Like the one I'm always doing, paying my bills online.

Short-Term Borrowing: Pros, Cons and Why

Of course debt is to be minimized and avoided. We have all heard this time and time again. But not everyone’s life circumstances are perfect. What were once two-earner households are now one-income households. That will stretch a budget very thin very quickly. Throw in a healthcare problem, an expensive (and poorly-timed) car repair, on top of an underwater mortgage, and you will find that life can be quite imperfect, despite all your best efforts.

These are the grey areas, the shaded nuances of personal finance. You can be a frugal and restrained shopper. But while your weekly savings from coupon clipping might be $75 or $100, that $5000 deductible on your health insurance can wipe out a year’s worth of savings in one playground accident. So how do you manage? Particularly if you lack a rainy day fund or credit line with a credit card issuer?

Short-term loans are one option. Even if you have imperfect credit and no collateral to offer, you can get one in the form of a payday loan advance. These are designed to be small and paid back within 30 days or less (on your next payday). It’s emergency money for times that absolutely call for it, with three distinct benefits:

1. Psychologically easier – These loans do not ride on your back for months and years, as is usually the case with credit card debt. You know that it is a necessary financial tool, but that you will settle up the debt in just a few days or weeks.

2. Long-term financial damage is limited – The comfort is more than psychological. A short-term loan is far less expensive than one held for the long term. The cost of debt always rises with the longer that debt is held.

3. Reduces the negatives of missing due dates – Short-term borrowing is often done to make timely payments on key bills. If you make a required payment on certain debts, you avoid penalties, higher interest charges and poor credit reports.

For the busy working person, the other benefit is that with online technologies these are faxless payday loans. The time required to process an application is about five minutes and can be done any time, day or night, from one’s personal computer.

How Much Did Your Money Grow In The Past 12 Months?

How Much Did Your Money Grow In The Past 12 Months?

Join Now!!!

As a member of Bo Sanchez Truly Rich Club. I would like to share some Soul Food that I was received from these club. And it was very interesting to learn on how to invest in the stock market. Here are some story to tell example of Bo to his members.

Pamella, Penelope, and Petunia are sisters.

The three of them are very responsible young women. They work in regular jobs and know how to save their money. After many years of savings, each of them had P100,000.

It was their mother who taught them to save a part of their income each month. Sadly, her instruction ended there. She never told them where to put their savings. Pamella hides her P100,000 under her bed. Result? Her money never grows at all.

Penelope thinks she was wiser than her sister Pamella. Because she places her money in a bank. Result? Her money grew by 1% a year.   (That’s the normal interest rate of savings accounts.)  Her P100,000—after one year—grew to P101,000.

Here’s the truth: Penelope isn’t really that much wiser than Pamella. I pity the Pamellas of the world. They’re hard working. They’re disciplined. They save each month. But they lack financial knowledge. (Do you know of people like Pamella? Are you like Pamella?)

Let me tell you about Petunia, the third sister. Last year, Petunia became a member of my TrulyRichClub. Last year, following my guidance, she started investing in the Stock Market.

She read in my Stocks Update Report (which I send twice a month to my TrulyRichClub Members) what Stocks to buy. Late last year, I instructed my Members to buy the following Stocks: Ayala Land, Energy Development Corporation, DMCI, Nickel Asia, Metrobank, and for those with extra money, Lepanto.

Penelope divided her P100,000 into these companies. Result after one year?

Her money in Ayala Land grew by 49%.

Her money in Energy Development Corporation grew by 33% since we recommended it last March 2010.

Her money in DMCI (DMC) grew by 64% since we recommended it last Sept 2010.

Her money in Nickel Asia grew by 49% since we recommended it last Oct 2010.

And her money in Lepanto grew by 157% since we recommended it last Dec 2010.

(Note: Please don’t buy most of these stocks today. I’m recommending a new set of Stocks right now.)

Result? Her money grew over 50% to 60% in less than a year! That growth is absolutely phenomenal. Because even at only 20% growth a year, Petunia would have P4 Million in 20 years. That’s if she doesn’t add money each month. 

But that’s not our method. I always tell our Members to add their small investments each month. Even if Petunia adds only P2000 per month, at the end of 20 years, she’ll have P11 Million.

Question: Do you want to be Pamella, or Penelope, or Petunia?

Petunia is very happy with her earnings.

She’s also happy that because of the TrulyRichClub, she’s not going into the Stock Market blind. (As you can guess by now, her real name isn’t Petunia, nor does she have two sisters named Pamella and Penelope. But their story is absolutely true, reflecting the stories of thousands of people I know.)

By the way, my letter today isn’t for everyone. 

Please disregard if this isn’t your concern.

I don’t expect everyone to join my TrulyRichClub.

If this isn’t for you, I apologize for bothering you with this letter. Because today,I’m specifically writing to people who want to grow their financial life—and who want my guidance in investing in the Stock Market. Are you tired of being stuck in a rut in your finances?

Are you tired of your lingering debts?

Are you tired of feeling the pain of wanting to help people you love, but can’t, because you don’t have the resources?

Are you tired of your big fears and uncertainty?

Are you tired of working very hard every day, only to realize that you don’t really have any savings for your future?

Just in case you’re that person, let me help you.

You can start growing your finances.

You can learn how to invest your money in the best way.

To know more about my TrulyRichClub, click the link below:

Yes Bo, teach me how to grow my money!

Tell me more about the TrulyRichClub

May your dreams come true,

Bo Sanchez

PS. By the way, the TrulyRichClub isn’t just about Stock Market investing.  That’s only one part. In the TrulyRichClub, aside from teaching people how to grow in their financial life, I also teach people how to grow in their spiritual life. 

For what’s the use of growing in your finances if you lose your soul? 

To know more about the TrulyRichClub, click the link below:

Yes Bo, teach me how to grow my money!

Tell me more about the TrulyRichClub