Calling all Youths out there!

Calling all Youths out there!

Panawagan sa mga newly graduates o sa mga malapit na mag graduate sa Kolehiyo

There is a saying, “Learn from the mistakes of others. You can’t live long enough to make them all yourself” – Eleanor Roosevelt

Mga kabataan matuto sa pagkakamali ng mga ibang matatanda na nuong sila ay nag umpisa magtrabaho, gimik dito, gimik dyan, tagay dito, tagay diyan, hala shop until you drop ang peg, pabonggahan ng celphone ang labanan, paastigan ng kotse, pa-engradehang kasalan pero pagkatapos baon sa utang (stone stone in heaven, ang tamaan, don’t get angry — laro na lng ng Angry Birds :)) ..Habang kayo ay bata pa (o bata ang isip hehe) matutong mag-impok at mag invest. Huwag mong sabihin madami ka pang araw, ipagpabukas na yang pag-iipon. Alam mo ba kung bakit? Kung ikaw ay may sapat na ipon at nag-umpisa ka mag invest sa Stock Market at the young age, mas malayo ang mararating ng pera mo kumpara sa mga me edad na at halos ilaaan lahat ng ipon sa Stock market. Maging WAIS na bata ka. Alam mo ba kapag ikaw ay naging responsable, hindi droga ang kaka-addictan mo kundi pag-iinvest. (Warning: Investing in the Stock Market is highly addictive lalo na kapag nakaranas ka na nasa 7000 ang PSEi, hay naku baka mapanaginipan mo pa ang pag iinvest at baka makailang ebooks ka about Financial literacy)


Please share if you are a Parent and want to share to the Youth about investing at a young age. Let’s spread FINANCIAL Literacy! Tama na ang Crab Mentality!


For all the negative people out there, solohin ninyo ang mga electrons ninyo okay? Joke lang!



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Reverse Your Psychology

Reverse Your Psychology

Today, I’d like to share with you two golden lessons in investing in the stock market.
Two very simple, very radical, golden lessons.
If you master these two lessons, your journey to wealth is almost guaranteed.
Are you ready?

Here they are:

Lesson 1: When your stocks go up, be sad.
Lesson 2: When your stocks go down, be happy.

I know they sound insane.
But bear with me…

Lesson 1: When Your Stocks Are Up, Be Sad
Why be sad?
Because many times, you won’t sell anyway. (If it doesn’t reach our Target Price, we don’t sell, right?)
So why be happy if it goes up? It just looks nice that there’s positive growth in our investments. But it doesn’t matter if you don’t sell.
The only thing that matters is how much you can buy today. And since the stocks are up, you’ll be buying at a high price.
That’s why you’re sad.

Lesson 2: When Your Stocks Are Down, Be Happy

In the same way, when the stocks are down, and you see a negative in your total investments-that doesn’t matter. Because you won’t sell anyway. (You know it’ll go up in the future, so don’t let the negative bother you.)

The only thing that matters is how much you can buy today. And since the stocks are down, you’ll be buying at a low price.


We’re investors, not traders.
Traders think the very opposite: They’re happy when their stocks are up and sad when they’re stocks are down.

In our next issue of Stock Updates, I’ll compare the earnings of very good traders and very good investors (like us!).

Watch for it.

May your dreams come true,

Bo Sanchez

PS. I can guide you to invest in the stock market through my TrulyRichClub. The moment you become a member, you download all my step-by-step instructions. Every two weeks, I send out my Stocks Update Letter to you, telling you what stocks to buy. For details, log on at now.

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Take a Leap of Faith : Invest for your Future :)

Take a Leap of Faith : Invest for your Future :)

Investing is not for everybody…

There is a prerequisite to investing.. One should learn first how to manage his finances before one can make the jump and invest…For it is an unwise move to invest when you haven’t saved anything for emergencies..You might end up starting all over again as you will be forced to withdraw your money from paper assets or worse, sell the property at a loss as you can no longer sustain to pay your monthly amortizations.

For people who has learned the value of money management, learn how to take the next step to grow your money even bigger — INVEST!

If you can’t afford to buy a property now, you have other options to grow your money.. Invest in paper assets like Mutual Funds, UITF or invest directly in the Stock market.

I personally prefer the latter, invest directly in the stock market. Why? Because when you invest directly in the stock market, you assume a more active role in your financial life. You learn, you grow and with proper guidance, you can avoid paying big fees to fund managers.

Maneuver your own financial life..taste the sweetness of success in your own hands..Take a Leap of Faith…It will lead you to a more conscious effort of growing your money and investing in the power within you..

Join the Truly Rich Club and get the best guidance in your financial life.

But not all can join…

Only those who wants holistic change in their lives..

Only those who wants to jumpstart their financial life to a new higher level..

Only those who wants to take a leap of faith for their own and their family’s future..

Only those who dare to make things happen!!

We have the experts in the stock market, we have people who are not driven by accumulating more money but those whose main goal is to help many Filipinos achieve Financial Freedom with them and we have people who fears the Lord and wants to share their success in life..I assure you that you can sleep soundly at night with your paper asset investment knowing that you are not being led into something for their vested interest..we can only trust a few people in the money game and I can say that there are right and good people in the TRC 🙂

T. R. C. — give it a thought and decide for your future! To learn more about the Truly Rich Club, click HERE

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The Secret of Retiring Rich :)

The Secret of Retiring Rich :)

The Secret of Retiring Rich: “Money Cost Averaging” ➨ ✔✔

I just want to give you a little follow-up on how to create your own multi-million Retirement Fund.

Let me tell you a story.
Last week, I talked to my 80+ employees.
From managers to janitors.

I loved it.

Because I don’t see them often.
You see, I’m a lazy boss. More importantly, I also have a fantastic team of leaders in the office. So I get out of their way as much as I can.

Obviously, my staff was wondering why I was meeting them.
I took the microphone and announced, “I’m here to make sure that when you retire, you retire as multi-millionaires.”
You should have seen their faces. Some were probably thinking if someone spiked my breakfast with shabu.
For the whole morning, I taught them how to invest in the Stock Market.

Janitors. Messengers. Clerks. Managers. Everyone.

I also was able to answer their questions.
I’m sharing some of my answers to you below.
Because they might be your questions too.
Now for those great questions they gave me…

Question: “My father lost money in the Stocks. How can I be sure I won’t lose my money too?”
Bo: Your father is normal. Statistics say that 85% of people lose their money in the Stock Market. Because they were trading. Most likely, your father was trading. But today, I’m not talking about trading in the Stock Market. Trading means buying and selling stocks constantly, trying to “time” the market. That should be left to the experts. I’m talking about long-term investing. Ten or twenty years. This is the right way of investing, and I’ll teach you how to do that.

Question: “Will my Stocks grow at 20% every year?”
Bo: No, it won’t. For example: One year, your investments will fall by 20%. The following year, it will rise by 30%. The next year, it falls by 10%. And so on. It’ll be a roller-coaster ride. But if you put tiny amounts of money every month over a ten or twenty year period, the average growth will most likely be 20% per year IF-and that’s a big IF-you follow the simple money-cost-averaging strategy I’ll teach you.
Question: “Is that realistic? 20% average growth?”
Bo: Stock Market Analysts didn’t pull this figure out of thin air. They base this projected growth on past history. They backtracked 20 years ago. This is what they found out: If a person invested small amounts of money every month in top-notch, solid, great companies, the average yearly growth was 20%. That’s the power of money-cost-averaging.

Question: “What is money-cost-averaging again?”
Bo: Investing small amounts of money each month over a period of ten to twenty years. Only in great companies. Money-cost-averaging is the secret of the wealthy.

Question: “You tell me to invest in great companies. But I’m not an expert. I don’t know if a company is great or not.”
Bo: I’ll tell you what these great companies are. In fact, I already wrote a list of these companies in my Ebook, My Maid Invests In The Stock Market… And Why You Should Too! Stock Market Analysts study all the companies in the Stock Market. That’s all they do the whole day. I simply pass this information to you.

Question: “But don’t great companies also go bankrupt?”
Bo: Some of them do. But that’s why analysts watch these companies like a hawk. If you’re a member of my TrulyRichClub, I’ll send you my monthly Stocks Update. Through my newsletter, I’ll warn you if you need to stop investing in a particular company, sell your shares there, and invest in another company.
A Company Of Multi-Millionaires
After my talk, it was pretty noisy.
Everyone was talking, asking questions, and filling out application forms.

My 80+ employees were filling out their COL Financial application forms, asking help from one another. (Note: COL Financial is our preferred online broker. They’re the best. They also have a “missionary” goal of helping “smaller” people learn to invest.)
I also instructed Weng, my Chief Accountant, to offer the entire staff “automatic salary deduction” each month-so they won’t forget. This is voluntary of course. But many took the offer.

I thank God I’m the boss. I can do things like this.
I told them, “When you retire from this company, you’ll get the usual retirement pay employees get. But don’t depend on it. Because it’s very small. It won’t last. But if you invest the way I’m telling you to invest, you’re creating your very own Retirement Fund. Even if you just invest P2500 a month, you may end up having P5M in 20 years.”

That day, my 80+ employees went back to their work happy. Very happy.
Because they’re taking charge of their financial future.
Now here’s my question: Are you?
I pray so.

May your dreams come true,

Bo Sanchez

PS. I’m Committed To Make You Rich. But Are You? I’ve learned that there’s a big difference between wishing to be rich and being committed to be rich. If you’re committed to becoming rich, I’m personally inviting you to join me in my Truly Rich Club. It’ll change your financial life. Aside from changing your money mindset, I’ll talk about how to use the Stock Market to create your very own multi-million Retirement Fund. Don’t delay. For more details,click here

PS2. Not living in Manila? I can still guide you in your financial life wherever you live-here or abroad. How? Join my TrulyRichClub now. Once you become a Gold Member, you’ll receive my twice-a-month Audio PowerTalks, my weekly Wealth Strategies newsletter, and a collection of my Ebooks brimming with practical wisdom. Including my powerful Ebook,My Maid Invests In The Stock Market… And Why You Should Too! You’ll also receive my monthly Stocks Update newsletter to guide you in how to create your multi-million Retirement Fund in Stocks. Personally, I believe now is the best time to get into Stock Market. Don’t wait. Seize the opportunity. For more details, log on at now.

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Biblical Money Code

Biblical Money Code

While I was reading a lot of ebooks about financial literacy, it surprised me to discover that the financial aspect in our lives was woven into the Scripture. The Lord says in Malachi 3:10, “Bring the whole tithe into the storehouse, that there may be food in my house. Test me in 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.” Truly, a person who knows how to share his blessings will be blessed by the Lord abundantly. Money is not the root of all evil but the love of money is. We should always remind ourselves what good will we attain if we gain the whole world but then loses our souls.

And then there’s the parable of the Talents. In the “parable of the talents,” we get an idea of what God expects us to do here on earth. We’re all given talents, some great and some small–but whether your talent is epic or miniscule, we glorify God when we use it to further his kingdom. God has given each one of us unique abilities. We can use these abilities to grow our money and be able to help the less fortunate of our brethren. No matter how your financial status is right now, you have been blessed with a talent that you can use to attract money and bless others in return.

The likes of Warren Buffet and John Templeton are great examples of people who utilized their talents to amass great wealth and shared their wealth to others. They are for me my heroes. Someone worth emulating. I aspire to be rich to become a philantropist like they are. It would be such a fulfillment to become God’s instrument to help other people in need.

I wanted to have a daycare where I could accommodate poor children. I wanted to educate these children and when they grow up and find their purpose in life, I expect them to pay it forward. Wouldn’t it be a nicer place to live in where people do good things for other people and never expect anything in return but for the recipient of the good deed to do good things to the next person he’ll meet?

I invite you to review your life at present and learn to discern what the Lord wants you to accomplish. I tell you, it’s quite an adventure to work for the Lord. He’ll bless you abundantly and you get a sound sleep at night. And when he calls you into His kingdom, you can give Him a smile of confidence and say “Lord, mission accomplished!”

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Sow in Time Of Famine: Why You Should Invest Now!

Sow in Time Of Famine: Why You Should Invest Now!

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 to see 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 in 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: Drink Now or Drink 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.
Actually, three money pumps:
o Business: Traditional, Franchise, Networking, etc.
o Property: Rental Property, Buy and Sell, etc.
o Paper: Stock Market, Mutual Funds, Bonds, etc.

But today, I’d like to focus on the “Paper” money pump.
Not everyone can start a business right away.
Not everyone can buy a property right away.
But almost everyone can invest in Paper Assets.
Friend, you have a choice.
Will you simply consume your little money?
Or will you pour it into the money pump-so that it produces more money for you?

I call this sowing in time of famine.

Don’t Wait for Better Times Before You Invest

In the Bible, Isaac sowed in time of famine.
Crazy, right?
Shouldn’t you keep whatever seeds you have to eat?
But because he did that, the Bible says, that year he harvested a hundred times as much as he had sown, because the Lord blessed him. He continued to prosper and became a very rich man.
If you want to be rich, you need to sow in time of famine too.
When you have very little money, that’s the time to invest.
Here’s a promise: The seeds that you sow in time of famine will give you your greatest harvest too.
Do you want to prosper?
Here’s a Bible passage that will tell you how.

Invest When Your Money Is Small

Proverbs 21:20 says, The wise man saves for the future but the foolish man spends whatever he gets.
Are you wise?
Let me tell you the story of Jack and Jill.
Jack and Jill went up the hill to get a pail of water.
Jack fell down and broke his crown and Jill came tumbling after. And the people who saw the horrific accident, they sang and clapped their hands, “Lalalalalala…” (Our nursery rhymes are very strange.)
If all this time, you’ve always been wondering what happened to Jack and Jill after their fall, now you’ll know.
Jack had brain surgery and he recovered.
But he had no health insurance-and his high medical expenses made Jack’s family very poor. This experience changed his life. The emotional pain created an inner resolve in him.
Jack told himself, “When I grow up, I’ll never be poor!”
At age 15, he started a small business.

Every day, he sold peanut butter and jelly sandwiches to his classmates. Every month, he earned P2500, which he invested in the stock market. His uncle advised him to buy the stocks of strong, solid, great companies. For the next 5 years, he was faithful with his investments.
When he reached 20 years old, he volunteered in Anawim, a ministry for the poorest of the poor. He received only a small allowance and didn’t have any savings. From then on, he couldn’t add to his investments anymore.

Jill Saved at Age 27

Jill had a different life story.
The fall from the hill didn’t affect her too much.
No traumas. Except for a few scratches, she was okay.
She lived a happy-go-lucky life and didn’t save at all.
She worked as a mountain climbing instructor. So her fall from the hill affected her after all, at least subconsciously.
She made it her lifelong goal to prevent people from falling.
But she lived like everyone else-spending her salary on “stuff”. Nothing was left at the end of the month.
But when she was 27 years old, Jack called up Jill and invited her again to “Go to a prayer gathering called the Feast.” There, she heard a handsome preacher say that it’s okay to be rich if your heart is in the right place.
That experience changed her life.
At 27 years old, she began to save P2500 a month. And like Jack, she also invested it in the stock market-the same strong, solid, great companies that Jack invested in.
She was so faithful to her investments, she didn’t stop until she reached 65 years old.

Happy Retirement

One day, when they were both 65 years old, Jack and Jill had lunch together after the Feast.
While waiting for their dessert, Jack said, “My service in Anawim is so happy and
fulfilling. But I guess at my age, I think I’m ready to retire.”
Jill said, “Me too. At 65, it’s getting a bit difficult to climb mountains.”
That was when Jack touched her hand said, “Jill, remember that day we went up
the hill to fetch a pail of water?”
“Yes,” Jill said. “You fell down and broke your crown and I came tumbling after.
How can I forget?”
“Do you know why I fell?”
“Instead of looking at where I was going, I kept looking at you. I had a big crush
on you.”
Jill blushed. “You did? Jack, I had a big crush on you too!”
For a few minutes, both of them couldn’t stop laughing.

Jack Pops the Question

That was when Jack looked at Jill and said, “I’m 65 years old. I don’t have much time left.” He knelt on the floor,
held her hand, and asked, “Jill, will you marry me?”
Tears filled her eyes, and she said, “Yes!”
After a few hours of celebrating their old new love, they sat down to discuss their finances.
“How much money did you invest?” Jill asked.
Jack said, “That was a long time ago. For five years, from age 15 to 20, I invested a total of P150,000.”
“That small?” Jill looked at him with pity. She said, “For 38 years, from age 27 to 65, I invested a total of P1.17M.”
“Wow,” gushed Jack. “I’m marrying a rich woman.”
“I’ll take care of you,” she squeezed his hand. “But I wonder how much money we have?”
“Let’s take a look.”
Both of them called up their stock broker.
Both were totally shocked…

For Those Who Like to Look at Tables

Here’s what happened…

Jack Jill
15 30,000 0
16 30,000 0
17 30,000 0
18 30,000 0
19 30,000 0
20 30,000 0
21 0 0
22 0 0
23 0 0
24 0 0
25 0 0
26 0 0
27 0 30,000
28 0 30,000
29 0 30,000
30 0 30,000
31 0 30,000
32 0 30,000
33 0 30,000
34 0 30,000
35 0 30,000
36 0 30,000
38 0 30,000
39 0 30,000
40 0 30,000
41 0 30,000
42 0 30,000
43 0 30,000
44 0 30,000
45 0 30,000
46 0 30,000
47 0 30,000
48 0 30,000
49 0 30,000
50 0 30,000
51 0 30,000
52 0 30,000
53 0 30,000
54 0 30,000
56 0 30,000
57 0 30,000
58 0 30,000
59 0 30,000
60 0 30,000
61 0 30,000
62 0 30,000
63 0 30,000
64 0 30,000
65 0 30,000

Check below the total amount of money invested by Jack and Jill through the years…

Total Amount Investment:

Jill: P1,170,000
Jack: P150,000

Check below the total amount of money earned by the two when they reached 65 years old…

Total Retirement Money if it Grew at 20% A Year

Jill: P220 Million
Jack: P1 Billion

Jill Is A Multi-Millionaire;
Jack Is A Billionaire

If Jack grew his money at 20% a year by investing in great, solid companies through the Stock Market, he’s now a billionaire.

He did that by investing P150T some 45+ years ago.

Jill, because she invested late by 12 years, even if she invested a much bigger amount, P1.17M, has P220M “only”.

Are you 50 or below? You can retire with a few millions.
Are you 40 or below? You can retire with tens of millions.
Are you 30 or below? You can retire with hundreds of millions.
Are you 15 or below? You can retire with a billion.


Sow in time of famine.
Don’t wait for better times before you invest.
Don’t wait when you have excess money.
Invest now while your money is small.
Because your greatest ally is time.

The Two Ways to Invest in the Stock Market

How do you invest in the Stock Market?
You can do so directly and indirectly
You can invest indirectly through a Mutual Fund Company.
There are many great ones around.
On average, you’ll earn 12 percent or more.
The key is to do this long term. That means for 10 years or more, invest every
month a small amount of money.
Or you can invest in the stock market directly.
Obviously, this is my preferred way.
And if you invest directly in the Stock Market, there are only two acceptable ways of investing in my book: Money Cost Averaging and Strategic Averaging Method (SAM). (Note: You won’t read about SAM anywhere else. We developed this for the TrulyRichClub. To join, click HERE)
Actually, both ways are very good.
But we use our very own SAM because we grow our money in a quicker way.

Do It Now!

Last week, a 5-year-old little girl came up to me and showed me her prayer card. She wrote, “I want to earn P1 billion.”
If you showed that card to another Preacher, he would have patted the child on the head and say, “Be realistic. Aim for a lower number.”
Worse, another preacher would have said, “Little child, don’t dream of becoming rich. Stay poor and God will be pleased.”
You know what I told her? I told her, “Your dream will come true.”
I don’t only say that with faith.
Because today, I taught you how to express that faith through works.
Sometimes, people blame God for being poor.
Sometimes, they say that to be poor is their fate.
Some people even think God wants them to be poor to learn
humility and total dependence on Him.
That’s all rubbish.
Because God has placed abundance in your finger tips.
God has given all that you need to prosper.
If you’re young, you can become a billionaire.
If you’re not so young, you can still become a multi-millionaire.
Today is the day that your life can change.
Make a decision that enough is enough.
I repeat: Don’t wait for better times before you invest.
The best time to invest is when your money is small.
That 5-year old girl has to invest now.
Grow your money.
Start investing. ✔✔

May your dreams come true,
Bo Sanchez ✔✔

PS. One woman came up to me last week. She said, “Bo, I can’t thank you enough. I became a TrulyRichClub member when I had only P50,000. It took more than a year, but I now have P1.5 million net worth.” Wow. Stories like this make my heart skip a beat. What joy to help people! I pray that you too will grow your net worth as you apply what you’re learning in the TrulyRichClub. ✔✔

PS2. No matter where you are, I can still guide you in your financial life wherever you live-here or abroad. How? Join my TrulyRichClub now. Once you become a Gold Member, you’ll receive my twice-a-month Audio PowerTalks, my twice-a-month WealthStrategies newsletter, and a collection of my Ebooks brimming with practical wisdom. Including my powerful Ebook, My Maid Invests In The Stock Market… And Why You Should Too!

PLUS, you’ll also receive my twice-a-month Stocks Update newsletter to guide you on how to create your multi-million Retirement Fund in Stocks. Personally, I believe now is the best time to get into Stock Market. Don’t wait. Seize the opportunity. For more details, log on at ➨ ✔✔ now.

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Create Wealth For Your Old Age!

Create Wealth For Your Old Age!

Today, I’d like to talk about Income vs. Wealth.

But before that, let me answer this question: Why talk about money?

Because we want every area of our life-even our finances-to be placed under the Lordship of Jesus. We don’t want money to be our master. We want to be the master of our money-and turn it over to God’s purpose.

There are some Christians who don’t want to talk about money, so they run away from it. But when they do, their master becomes the lack of money.

That’s not want we want. We want to learn how money works so that we can use more of it to serve God.

Let me start talking about a special ministry that’s very close to my heart because I started it many years ago: Anawim.

If It Happened To Them, It Can Happen To You Too

Anawim is our home for the abandoned elderly-poor, old people we pick up from the streets. Throughout the years, hundreds of old people have been housed and fed and loved in our special home. After a few years of staying with us, they go home to God. Anawim is like a special departure airport to Heaven. Without Anawim, they would be dying in the streets.

But here’s a surprising fact: They weren’t always poor.

At one point in their lives, all of them were earning good money. If you talk to them, you discover that some Lolas and Lolos were Government Employees. Some were Teachers. One was the Principal of a school. One was a Dentist. Yes, some were maids and laundry women. So you might say they were always poor. But I refuse to accept that. Because for more than 30 to 40 years, they were sending money each month to their nephews and nieces back home. (Nephews and nieces who abandoned them in their old age!)

But one day, they found themselves wandering in the streets without clothes, food, or shelter.

Here’s my point: Are you earning today? Then what happened to them can happen to you. Unless you decide to build your wealth for your old age.

Let me teach how the 3 important steps to build your wealth for your old age…

The Only Way To Build Wealth Over Time

People tell me, “Bo, Anawim is so beautiful. Please reserve a spot for me there.”

I answer, “I don’t want you to be our burden. I want you to be our blessing. I don’t want you to dwell in Anawim. I want you to donate to Anawim. In your old age, I want you to write checks to me-because you have surplus. To do that, there are three important things that you need to do to build your wealth for your old age.

1. Receive (Regular Income)

2. Retain (Simple Lifestyle)

3. Reproduce (Financial Literacy)

1. Receive (Regular Income)

If you want to become rich in your old age, the first requirement is to receive a regular income today.

Here’s the shocker: To build wealth in your old age, you don’t need super income, you just need steady income.

A lot of people think that income and wealth are the same. They’re not. A big income doesn’t equal big wealth.

Let me tell you about Jack (not his real name). When I met him, he was President of a huge company and earning much more than P500,000 a month.

His income was big. But so was his lifestyle. Jack drove luxury cars and travelled around the world. Always first-class. He had a mansion in a plush subdivision. Everyone around him knew he was wealthy. But they were wrong.

Because throughout his working life, the most he saved was one million pesos. (That may be big for you and me, but to him, one million will last two months.) Why didn’t he save? Because he was banking on his fat retirement pay. Reason: He worked in that company for 20 years.

True enough, when he retired, Jack received P10 Million.

But he never changed his lifestyle. After only 2 to 3 years, he woke up one day with all his money gone. Soon, he sold his cars. Soon, he was asking money from his children.

What happened?

He did Step 1. He received an income.

But he never did Step 2 or 3.

2. Retain (Simple Lifestyle)

People say money can’t buy you happiness. I agree.

But face it, happiness requires a minimum level of money. I don’t live in Lala-land. We’re human beings with physical bodies that need stuff to survive and be happy.

But the other side of the coin must be pointed out as well. After we reach our “Happiness Point”, more stuff won’t make us happier.

When it comes to possessions, I’ve reached my “happiness point” a long time ago. Any more possessions won’t make me happier. In fact, I believe the opposite happens: After reaching my happiness point, more possessions will lessen my happiness.

Where Is Your Happiness Point?

Why does this happen? Because more possessions will mean more clutter, more stress, more worry, more envy, more costs, more taxes, more insurance…

Jack, the former company President, spent all his income. Like many people, he was enslaved by the hypnosis of materialism.

To avoid the hypnosis of materialism, don’t swallow the world’s definition of “Rich.” You need to define what it means to live a “Rich” life.

Let me give you an example…

Are You Sure You Want A Mansion?

Everyone thinks that to be rich means you own a mansion.

Here’s my guess: For most of you, owning a mansion will make you less happy, not more.

I believe owning a bigger house will give you bigger headaches. Bigger maintenance. Even bigger homeowners association dues.

My friend stays in a plush home. I was shocked to learn how much his homeowners’ association dues are: Each month, he pays P24,000.

I live in a small, quiet, third-class subdivision where neighbors are friendly and shirtless kids play on the streets. Where 90% of my neighbors drive secondhand cars. My homeowners’ association dues? (Drumroll please…) P120 a month.

Let’s do the math: If my friend lived in my subdivision, he would save P23,880 each month. If he invested (not traded!) that amount in the Stock Market for 30 years at 12% growth, he’d have P77 Million. Wow.

Today, I can afford a bigger house. But I refuse to have one. Because we’re very happy with my small house. It’s small enough to know where my kids are. It’s small enough that we bump into each other a lot. If I don’t know where they are, I can just holler “Benedict!” and “Francis!” and they’ll come.

How Much Is Your Electric Bill?

I’m very proud of our electric bill. I only pay P3000 a month.

I know that electric bill isn’t the electric bill of a multi-millionaire. (Ahem). But perhaps that’s why I’m a multi-millionaire.

I have an air-conditioner in our living room. But I only switch it on when there are guests. That’s why my kids love guests.

The kids have an air-conditioner in their bedroom. But because they like staying with us, we only use the one in the master’s bedroom.

My friend has less money than me (I know because I’m his financial consultant) but his electric bill is P18,000 a month.

The difference between P18,000 and P3,000 is P15,000.

If he lowers his electric consumption to my level, that’s P15,000 that he can invest (I repeat: not trading!) in the Stock Market each month. In 30 years, at 12% interest growth per year, that P15,000 a month will become P45 Million.

What Kind Of Car Do You Drive?

A few weeks ago, I was driving my car. And my wife was beside me. While driving, I reached out and held her hand. That was when it hit me. I told her, “Sweets, my long-time dream has come true!”

“What dream?” she asked me.

“Remember? Before we got married? When you were still courting me? (Slap.) Er, I mean, when I was till courting you? I’d drive you home. And I wanted to hold your hand. But I couldn’t, because I was driving a manual car. I had to keep on shifting gears. So I told you, ‘One of these days, I’ll be driving an automatic car. So that I could hold your hand all the way home.'”

Come to think of it, I think that was the line that clinched the deal. I won her heart from that day on.

At that time, I was driving a car that was given to me. I couldn’t afford to buy any car, much less an automatic car.

But that was also when I became an entrepreneur. And I began to earn more. Slowly, my income increased. But here’s how I became rich: For 10 years, my lifestyle didn’t change. I was still spending money as though I was earning 1/10th of my income.

Finally, I bought my first automatic car just last year-after 13years of our marriage.

I could have bought my car many years ago, when I became a millionaire. (I still remember that day. I was 34 years old. I told my wife, “Kiss me, quick.” After she kissed me, I said, “You just kissed a millionaire.”)

Delaying gratification works. It gave me time to grow my investments over time.

Does Your Pail Have A Hole?

Building wealth is like collecting water in a pail.

If there’s a hole in the pail, the water will just drip out-and you won’t be able to collect any water.

That hole represents materialism.

What do you need to do? Plug the hole. And the only plug that can cover that hole is simplicity. If you don’t live simply, money will keep going out of the hole.

But alas, even simplicity isn’t enough. Plugging the hole in your pail isn’t enough. You need to constantly put new water into your pail…

For that, you need the third element…

3. Reproduce (Financial Literacy)

Retaining your money isn’t enough.

Why was Abraham wealthy? He didn’t only retain, he reproduced. The Bible says, Abram had become very wealthy in livestock and in silver and gold. (Genesis 13:2) At his time, wealth was measured by the heads of cattle, sheep, and goats that you had.

Here was their rule to wealth: If you wanted to become rich, don’t eat or sell all your animals. You have to keep some of them to reproduce after it’s own kind. The more animals you reproduce, the richer you become.

One sheep can give birth to one to three lambs every year. That’s a growth rate of 100% to 300% a year.

The secret of wealth is to keep your wealth reproducing after its own kind.

Where Do You Invest Your Money?

I’m not asking you to buy cattle, sheep, and goats. Times are different today. There are only three places to invest your money: Paper Assets, Business, and Real Estate. (Note: Paper Assets mean the Stock Market and Bonds.)

Not everyone can start a business or buy an income-generating property now. (In time, yes, through financial education.) But I believe you can invest in Paper Assets now. Out of the three kinds of investments, it’s the easiest investment to make in your life.

Specifically, if it’s a long-term investment, I encourage you to invest in the Stock Market. I don’t believe that you should trade. That’s dangerous. I’m talking about putting 20% of your salary each month in giant companies for years-disregarding the ups and downs of the market. If you follow this simple system, the Stock Market is the best, safest, and most effective way to build your wealth in your old age.

I know that’s a controversial statement, but suspend your doubts and hear me out first.

Your Money In The Bank Is Shrinking

One day, after teaching people how to invest in the Stock Market, one man came up to me and said, “Bo, is the Stock Market really safe? I’m scared to put my money there. I feel safer in the bank.”

I told him, “Putting your money in the bank is a risk too.” I explained to him that there are two risks: (1) Loss of Capital and (2) Loss of Value.

We’re more familiar with Loss of Capital. When you put your money in the Stock Market-and the company crashes-you’ve lost your capital. (Note: I must tell you that if you follow my system of investing in the Stock Market, the risk is dramatically minimized. For example, if you buy Stocks of giant companies only, such as Shoemart or Ayala or BPI, do you think these giant companies will collapse in the next 10 years? )

The second risk we’re not very familiar with is Loss of Value. And that’s what happens when people put their “long-term” savings in the bank. (I believe banks are there for our “emergency funds” only.) People don’t understand that though their money looks the same in the bankbook, it actually shrinks through the years.

When I was baptized as a baby, my parents threw a party in a restaurant. Friends and relatives were invited. Do you know how much my parents spent for that party? I know. I still have the receipt. Mom stuck it in my baby photo album. My parents spent 32 Pesos.

That was years ago, when money was money. That’s what I mean by Loss of Value. In the same way, if you keep your money in the bank, it’ll shrink over time.

Instead Of Borrowing, Lend!

Here’s what the Bible says:

The LORD will open the heavens, the storehouse of his bounty, to send rain on your land in season and to bless all the work of your hands. You will lend to many nations but will borrow from none. (Deuteronomy 28:12)

Yes, God wants to pour bounty into your life.

And God doesn’t want you to borrow. So stop borrowing. The Bible says, the borrower is the slave of the lender. They say slavery was abolished 200 years ago. That’s not true. There are many slaves today of credit card companies.

Instead of borrowing, God wants you to lend. Can I give you another word for “lender”? Investor.

Don’t lend to any Tom, Dick, and Harry. Unfortunately, many people will run away with your money and never repay you. I believe He wants you to invest your money to giant businesses that will repay you with interest.

Filipinos Need To Learn How To Invest

Some friends were inviting me to give a financial seminar to their large Christian community. So I offered to give them my seminar, How To Make Millions In The Stock Market. But the leaders of that community politely declined.

I don’t blame them. We’ve been brainwashed. We were taught that the Stock Market was dangerous, and the bank was the main way to save money.

But in the US, 70% of the population invests in the Stock Market. In the Philippines? Less than 1% invests in the Stock Market.

But I believe a day will come when this entire thinking of our country will change.

Two Ways To Get Into The Stock Market

You can invest in the Stock Market directly and indirectly.

“Directly” means you open an account yourself and buy the companies you want. You can do this through an online broker, such as our preferred online broker, COL Financial. (I’m not an employee of COL Financial. I recommend them for two reasons. First, because they’re the biggest and best online broker in the country. Second, because I know the owners of the company and they have the same vision as we have-giving an equal opportunity for everyone, rich or poor, to build their wealth.)

“Indirectly” means you invest in a Mutual Fund company. You can invest every month and they’ll manage your investment for you, for a management fee,of course. (If you use the indirect route, I suggest you invest in an “Equity Fund”, not their “Balanced Fund” or “Bond Fund”-if you’re investing for the long-term anyway.)

By the way, I’m not the only resource for your financial education. You don’t have to attend my seminars or read my books. There are many other seminars and books out there. Find them and learn. This is about your future-so be serious in learning about it!

Do You Want To Grow Poor Or Grow Rich?

The statistics are appalling. Why do 20% of people in the world own 80% of the world’s wealth?

Answer: The magic of Compound Interest.

If the Stock Market will perform the way it performed in the last 20 years, P2000 a month over the next 20 years will make you P5.3 Million. If you put P5000 a month, you’ll have P13.4 Million.

Because of the magic of Compound Interest, anyone with a regular income + a simple lifestyle + financial literacy can be rich.

It’s now your turn.

My very strong recommendation? Invest 20% of your salary each month in the Stock Market. And build your wealth for your old age over time.

Let me end with God’s promise for you…

God Will Bless Your Storehouse

In Deuteronomy 28:8, it says, The Lord will command the blessing upon you in your storehouse…

Remember what happened to Joseph in Egypt? God asked him to build a storehouse during the 7 years of plenty-so that Egypt would have food for the next 7 years of famine.

God blessed that storehouse and Egypt prospered.

Question: How can God bless your storehouse if you don’t have one?

Today, I have a storehouse. My storehouse is my long-term investments in the Stock Market.

It’s now your turn.

Build your storehouse so that God has something to bless!

May your dreams come true,

Bo Sanchez

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