Thursday, 24 March 2011

Truly Rich Club

I recently subscribed to the Truly Rich Club of Bo Sanchez, and the things he taught me in the first month’s batch of lessons has gotten me interested in investing in the stock market on a long-term basis.
Imagine, even Bo’s kasambahays ( House helpers) are investing P2,000 monthly in the stock market! :-)
If they keep up that monthly saving/investing for 20 years, and assuming the stock market grows at around 20%, their funds will be somewhere around P5 million.
The secret? Time value of money.
When you invest in the stock market on a long-term basis, the stock price movements will feel like little bumps on the road twenty years from now.
Although not guaranteed, if you put P2,000 in the bank each month for 20 years and you do the same in the stock market, the funds you invested in the stock market will usually be much higher than your bank account.
What does Bo Sanchez teach about investing in the stock market?
Inside the Truly Rich Club, you will have access to ebooks and audio MP3 recordings. I joined it because the long-term stock market investment approach is quite easy to understand.
Also, I’m curious about which stocks Bro. Bo buys or sells, and when does he buy or sell.
In other words, wouldn’t you want to duplicate Bro. Bo’s stock market experience?
The question is: Where do you find P2,000 to invest monthly?
First of all, you’re not limited to investing only P2,000 a month. If you’re earning more than the kasambahays of Bo Sanchez, and if you’re able to save more than they each month, then definitely you can invest more than P2,000 monthly.
Still, you might want to maintain a certain lifestyle, or you might be wondering how you can set aside at least P2,000 a month for your Retirement Fund…

How To Make Money From The Internet

Would you like to discover how to make semi-passive income from the internet? Would you like to also know how Pinoy bloggers sow webpages online, and the harvest and reap the benefits while they sleep?
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click here on How to Join and Learn more about Stock Investments

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