The Five (5) Virtues That Will Make You A Great Investor Starting Today [Truly Rich Club Insider's Revelation]

A lot of people think winning in the stock market just requires technical knowledge. That’s not true. You need character. You need spirituality. To be multimillionaire investors, you need these five powerful virtues:

1. Patience

Impatience causes you to make very bad decisions. When you’re impatient with your child, you scream and say to him, “You’re so stupid! You’re so foolish!” Words that you’ll regret later.

In the same way, when you become impatient with your stock market earnings, you make bad decisions too. You fall prey to “tips” that your friend or neighbor gives to you.

Be patient! If you keep investing each month following SAM, in due time, you’ll become a multimillionaire.

2. Gratitude

You might hear your office mate earning hundreds of thousands from a penny stock.

It’s very tempting to put your money in crazy stocks that go up 30 percent in one day!

But my stock market guru says, “Don’t envy these gambler-traders. Their aggressive strategy guarantees that they’ll lose it all in one day.”

Here’s a fact: They will lose their money as fast as they got it.

Be grateful with your small but steady earnings in the stock market.

3. Discipline

A few people are getting bored with my advice.

But the boring investments are where you win. Discipline means being boring as the sun. The sun is up every morning. How boring can you get?

But that’s how multimillionaires are made.

Each month, invest your small amounts in our giants.

That’s it!

4. Simplicity

Some people who earn money in the stock market withdraw their money and buy a new cellphone, iPad, car...

Believe me, you’ll never grow your retirement fund if you keep doing this.

Live simply. You’ve heard people say, “Live within your means.” That’s not enough. You need to live below your means, so you can grow your millions for your retirement.

Be happy with simple things.

5. Love

Why desire to create wealth?

Do it because you love. Do it because you want to share your wealth to others. Do it because you have a dream to serve God.

Greed may make you wealthy, but you’ll never be happy.


(Above article is written by Bo Sanchez, founder of the growing Financial Mentoring Club, The Truly Rich Club.)

To give you more about the news insight about Stock Market in the Philippines, below is an article from Philistar.com.

Philippine stocks hit new record high

"The country’s local stock index accelerated the pace of its growth following two consecutive days of moderate gains as it barreled its way through its 18th all-time high for the year.

The Philippine Stock Exchange index yesterday returned above the 7,800 territory for its third-day winning streak after climbing 0.92 percent or 71.32 points at 7,847.83.

The benchmark index’ record intraday high of 7,862.91 posted last February 25, however, remained unbeaten.

“Share prices got off to a rather jittery start to the mid-week session as US and Europe tumbled overnight and ahead of the inflation report on Thursday,” said Justino Calaycay Jr.

“As the session progressed, however, investors were able to muster enough confidence to push the measure past the latest all-time closing high, moving practically flat thenceforth,” Calaycay said.

Local stocks bucked the downtrend seen markets globally. Asian shares were mostly in the red in anticipation of the upcoming central bank meetings."

Source: philstar.com/business

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red

Truly Rich Investors' Secret: When It Comes To Investing In The Stock Market, Only One Thing Matters...

Let me share you this old article from the Truly Rich Club. I said old because I received this March of 2011, but don't worry, the lesson still applies today or even in the future, please read... 

“Bo, I was already afraid of the effects of Egypt and Libya on the stock market. And then the earthquake in Japan happens! I’m so worried about the stock market! What do you think will happen?” A friend had asked me this question.

Here’s my honest answer: I don’t know! And I say that with a smile on my face. In fact, I don’t think any human being out there really knows what will happen next. Will the uprisings in Saudi increase? Will Europe and the US recover from their recession this year? No one knows.

Yes, there’ll be a few people who will pretend to know. But in reality, all they can do—despite all the Ph.D’s behind their name—is guess.

If you were a trader, you should be worried that no one knows. In fact, you should be so nervous, you’d be pulling out all your money from the stock market and digging your head in the sand.

But you’re not a trader.You’re a long-term investor. If that’s the case, you should be thinking of only one thing. (I’ll tell you what that one thing is in a minute.) Forget what’s happening in Egypt, Libya, and Japan. (Pray for them, yes. But don’t let these events affect your monthly stock market investments.)

After 10 or 20 years of putting your small amounts of money each month into our recommended giant companies, I repeat: There’s really only one thing that should influence your buying or selling of stocks.  And that one thing is what you’re going to look at, crisis or no crisis, tsunami or no tsunami, meltdown or no meltdown.

You see, traders look at a thousand factors. They look at the political situation in the Middle East, calamities in Japan, oil prices going up or down, US dollar depreciation, China’s economic growth, President’s Aquino’s love life… Okay, that last item is a joke. (But who knows? Traders look at everything.) But investors?

They simply look at one thing alone. What is that? Company earnings. Period.

We ask, “Are my favorite giant companies earning big money? And what’s the probability that they’ll continue to earn big money for the next 10 years?”

Interested about Stock Market in the Philippines? He're the latest news, PSEi ended the week at 8,127.48, up by 74.79 points or 0.93% this Friday.

PSEi rebounds, ends week at 8,127.48

"The Philippine Stock Exchange index (PSEi) ended the week at 8,127.48, up by 74.79 points or 0.93% on Friday. The all-shares index gained 25.28 points or 0.55% to 4,635.38.

Gainers edged out losers 101 to 85, while 45 issues were unchanged. 

On Wednesday, the PSEi broke its seven-day rally on profit taking, dropping 45.99 points or 0.57% to close at 8,052.69. The all-shares index also lost 18.69 points or 0.40% to settle at 4,610.10."


Source: bworldonline.com



SE Asia Stocks - Philippine at record high, outperforms on week

"The Philippine main index hit a record closing high on Friday, posting its fourth consecutive weekly gains, while Thai shares retreated after ending higher in
the previous session as investors cut risk holdings ahead of a long market holiday.

Philippine composite index, which measures moves of 30 large caps, ended up 0.93 percent at 8,127.48, above the 8,098.68 record close hit on April 7. It was up 1.7 percent on the week, among Southeast Asia's outperformers.

Investors built positions in large caps ahead of first-quarter results due out in coming weeks, said brokers in
Manila. Ayala Land, Metropolitan Bank & Trust and SM Prime Holdings were actively traded.
    
In Bangkok, shares moved in a tight range, with the key SET index ending 0.2 percent lower. Profit-taking hit banking shares, led by a 0.8 percent fall in Krung Thai Bank after a 1.3 percent rise on Thursday.
    
The Thai stock market will be closed from April 13-15 to celebrate the country's new year while banks will kick off a quarterly reporting season from late next week.

SOUTHEAST ASIAN STOCK MARKETS
 Market                    Current            Prev Close    Pct Move
 Singapore             3468.49           3460.30       +0.24 
 Kuala Lumpur       1841.42           1849.39       -0.43
 Bangkok                1543.89          1545.11       -0.08
 Jakarta                   5473.68          5500.90       -0.52
 Manila                    8127.48           8052.69       +0.93

 Ho Chi Minh           554.03              550.52       +0.64"

Source: reuters.com

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red

Here Are Five Easy Steps To Get You Started On Investing The Philippine Stock Market

The 28th president of the United States Woodrow Wilson said it right when he said,  “I not only use all the brains that I have, but all I can borrow.”, beautiful isn't it?

We really need to work with other people, collaborate ideas, research on other people good concept, ideas and practices. When it comes to stock market strategies in the Philippines, understand all the details, ins and outs of stock market investing is not easy, for me I cannot do it on my own. That's the one reason I subscribed on the Truly Rich Club, but then I am not purely relying in all the inputs coming from the Truly Rich Club. I also do my own research.  

For the newbie on stock market investing in the Philippines, to those who wanted to enter in this arena, here's some tips I read from online news about some steps to get you started on investing in the Philippine Stock Market.

"Here are five steps to get you started on investing in equities:

1. Assess yourself.

Before you begin to invest in stocks, it is important to know what you need and want, and to determine if equity investing is for you.

Here are some questions to ask yourself:

h

What are your financial goals?

Before investing on anything, know your financial objectives vis-à-vis your current financial assets and your life stage. This will give you an idea as to how to craft your investment strategy. The investment strategy of a 50-year old retiree with real estate, money market placements, and insurance plans will obviously be very different from a 21-year-old who has just received his first bonus. Once you have an investment strategy in place, then you can decide on what investment vehicles are best for you, including equities.

What is your appetite for risk?

Stock investing, it must be stressed, is not for everyone. Equities carry risks, and the money you put into shares of stock is not insured by the government. Therefore, if you are not in a position to lose part or all of your investment money, stocks may not be a suitable option for you. Equities are best for those who are willing to take on a degree of risk in exchange for larger gains.

What other investments do you have?

Investing in equities should be seen in the context of your entire investment portfolio, with a goal to diversify your holdings in order to manage your risks.

What is your time frame?

Studies have also shown that equities tend to grow in value over a long period of time. Stocks are best for those without time pressures to deal with.

Do you have the time and the capacity to manage your stock portfolio?

Stock investing requires understanding how the market works, as well as the companies whose shares you intend to buy. If you do not have both, then you should look for a broker to help you manage your stock transactions.

2. Find a stockbroker.

The Philippine Stock Exchange has a list of brokers that you can refer to. There are also brokerage houses that allow you to do online trading, which some find to be a more convenient way of handling transactions. Some banks also offer stock broking services. Brokers differ in the range of services they offer, as well as in the minimum investment amount that they require.

The larger brokerages servicing institutions and high-net-worth individuals typically offer research services on top of trading, while smaller ones can simply offer trading services. Ideally, your broker would take the time to ask you about your investment goals and ask about your appetite for risk.

3. Open a trading account.

Your selected broker will give you a list of requirements to fulfill. Make sure you understand its conditions well. Take note of transaction fees and other rules, like how to transact. If you will use an online trading platform, take the time to familiarize yourself with how it works.

4. Monitor your investments.

Periodically monitor the movement of the stocks in your portfolio. Closing prices may be monitored online, on TV and in business newspapers. Keep yourself informed of any dividend announcements, which may entitle you to cash or additional shares of stock.

5. Evaluate your investment strategy regularly.

Does it still dovetail with your financial goals? From time to time, you may wish to continue to add to your stock portfolio, or if it is time to allocate some funds to other investment platforms, based on changes in your personal circumstances and goals.

One last but very important point: Do not think of stock investing as a form of gambling.

While you might have heard of people who have amassed a fortune overnight over a single stock, this is the exception and not the rule. Investing in stocks and in everything else requires an understanding of your goals, patience, and a lot of ground work. This point will be the common thread in this series of four articles on how to get started on investing in different financial products."

Source: abs-cbnnews.com/business

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link Truly Rich Club or hit the get instant access button below.

The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,

Red