Lose a Little to Gain a Lot
TrulyRichClub Stocks Update from Bo Sanchez..
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Two days ago, my friend Roy said, with a little sadness in his voice, “Brother Bo, if I sell my CEB (Cebu Pacific), I will lose P20,000+.” I told him, “Don’t worry about that loss. In the stock market, sometimes, you have to lose a little to gain a lot.” It’s a principle that’s applicable not only in the stock market but in every other area of life. “Switch it now to the companies I told you to buy…”
Roy told me he already has P1.4 million in the stock market (he’s been investing for a few years), but a P20,000 loss is still disturbing. I totally understand how he felt. We always want to win. But life is not perfect. No matter how ultra-safe and conservative our SAM (Strategic Averaging Method) program is, we can’t control everything around us—such as global oil prices—or the perception of foreigners that the airline industry is not a good investment.
A few years ago, I remember selling my first loss. I was selling at 40 percent loss! (It was global recession then.) It was painful. Especially because it happened seven months after entering into the stock market, so I had very little money then. I wondered if I made a big mistake getting into stocks! But I just followed my mentor and SWITCHED everything to other stocks. And in less than a year, I earned everything I lost + MORE.
A few years ago, I remember selling my first loss. I was selling at 40 percent loss! (It was global recession then.) It was painful. Especially because it happened seven months after entering into the stock market, so I had very little money then. I wondered if I made a big mistake getting into stocks! But I just followed my mentor and SWITCHED everything to other stocks. And in less than a year, I earned everything I lost + MORE.
So what’s the key? SWITCH. It’s not really selling. It’s switching. When you understand that simple concept, you’ll be a winner. Today, I thank God I didn’t stop. That was five years ago and my total investments is now MANY times more. So let me encourage you. If you’re like my friend above who’s taking a loss because you’re selling CEB, don’t worry. You’ll gain it ALL BACK + MORE! By now, I hope you already followed my instructions: You’ve sold CEB and switched the money to SMPH and/or MEG and/or MBT.
By the way, if you want to ask me or Mike any questions on the stock market, email us at support@bosanchezmembers.com.
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:
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