Truly Rich Club – My Honest Opinion

July 14th, 2015 No comments

 

Hey, Carlo here and you’re reading my honest review of what I really thought about the Truly Rich Club.

Note that this is a review though, if you are looking for the Truly Rich Club official website then Click Here.

Why am I writing this? Well, when I was about to join Bro. Bo Sanchez Club, there weren’t many real reviews around the internet so I decided to write one quickly to help anyone of you who are in the same position that I was.

But be warned, this review will be based on my personal experience with TRC. I’ll be going into both the good and the bad points. If that’s something you might not want to hear, then you may as well leave now.

 Never in my life had I thought of investing in the Philippine Stock Market! Seriously, I hate numbers. Back in my school days, I always repeat math related subjects. Trigonometry, calculus, economics etc. You name it, I failed it hahaha. I even planned to take different course but my parents didn’t allow me. Anyway I graduated as a Civil Engineer and worked in the Philippines for 5 years before working here in the Middle East.

 As an OFW it is hard to save money. You’ll always find a way to spend it. Send money to your love ones, amortization of house, tuition fees, shopping etc. Starting a business is difficult too because of your distance. You cannot supervise and manage it properly. I started a lot of business while working here abroad – transportation, food cart, farming and cattle raising, web design, buy and sell, fishing boat and fish pond etc. I even joined MLM too. You name it, I started it hahaha. Still, small profit at all and this can’t send me back to Philippines.

Good thing that my friend Joel, introduced me to Truly Rich Club. He told me that I should invest in the stock market while still working here abroad. After my vacation, I joined and started investing in the stock market. It was one of the best decision I’ve ever made. If only I started investing in the stock market 6 years ago for 10,000 pesos a month, I should have 1.2 million already.

 The good thing about the Truly Rich Club is that the system is very simple. Twice a month you will receive a stock update! This update will guide you on what company to buy, how much you will buy them and how much you should sell them. The club will teach you how to invest in the stock market from A-Z. It’s so simple that even the maids of Bro. Bo Sanchez are investing in the stock market. This club also has an exclusive social site just like Facebook where every members can participate. Imagine you can chat and communicate to all investors, entrepreneurs, OFW, moderators and even Bro. Bo Sanchez himself and ask for advice on investing, trainings and business ideas. The only thing I don’t like about the club is the support. Sometimes it will take 2 days before a response that’s why I always make a phone call to their support. Another thing is there are only 8 to 12 recommended companies to buy each month but maybe this is the best of the best. Anyway you cannot buy all of these recommended company at once unless you have hundreds of thousands to invest each month. The only requirement in investing to the stock market is that you must have a regular income or savings. Income from your salary or from your business. If you don’t have this, investing in the stock market is not right for you. Bottom line, I do recommend you to Join Truly Rich Club if you want to invest in the stock market. They provide the best advice out there.

 

Hope my webpage has helped you,

Carlo

Click Here to Visit Bo Sanchez Truly Rich Club Official Website

 

 

Why should OFW’s invest in the Philippine stock market?

July 13th, 2015 No comments

 

Every year, many Filipinos go abroad in search for opportunities to make their dreams come true. They leave their family behind due to higher wages, save money and have a better life. They want to become rich. But it’s sad to say some of them are not lucky. What they dream about working abroad is a nightmare. Aside from underemployment, some of them got abused physically and mentally. They take the risk to go abroad just to secure the future of their loved ones.

In spite of these risk involved, their hardships just go to waste. Many are still unable to save money and can’t go back home because they are unprepared. They don’t have enough cash to start a business despite of their big salaries abroad. Not only this, most of them have loans and debts that’s why all of their salary goes to the bank and they are left empty handed. The major reason for this is they don’t know how to manage their financial resources. They just work, send money home and spend. Most of them and their families lived in luxury, gadgets, and shopping malls. These mistakes must be stopped right now. We should be smart and start investing. We should find a way to double our earning power so that we can go back home early. Either having a business, a sideline or other form of investment.

One of the good option for investment is the Philippine Stock Market. You can do it online. There are many stock brokers online like COL Financial, BPI Securities Corporation, First Metro Securities Brokerage Corp and many others which are accredited by the Philippine Stock Exchange. Just fill up their downloadable forms, attach a copy of ID and billing statement and send it to their office. That’s how easy it is.

Another good thing about stock market is you don’t need a big capital to start, you don’t need employees, and you don’t need space for rent. You can do transaction by phone or laptop if you have internet connection. You will also have a privacy so that your relatives don’t know that you have investment that they can borrow in the future. Investing in the Stock market also gives great potential returns. Yes you can get rich in the stock market by doing long term investment. If you invest 5 thousand monthly @ 12% average interest rate, in 20 years you will have 4.89 Million, for 10 thousand investment you will get 9.78 million! Stock investment is risky, all of investment are risky too. Even going abroad is risky.But if you invest long term, you will gain a lot more and retire rich.

Here are the basic tips to minimize the risks in stock investment. Invest small but regularly, invest not trade, invest in big companies and analyze your stock. You can boost your learning curve by leveraging to other people’s knowledge. Don’t wait for years to study and start investing. Invest early so you can come home early. Do you want to know what company to buy and how much you buy and sell them? I invite you to join a club founded by Bro. Bo Sanchez. Join and become a member of Truly Rich Club to learn more about stock market investing. Stock market investing is never been this easy.

Introduction to Truly Rich Club

July 9th, 2015 No comments

Greetings all, I have set up this website to guide our fellow OFW’s on how to invest in the Philippine Stock Market. Most of them, do not invest in the stock market because they are a bit skeptical and afraid that they will only lose all their hard earned money if they just invest to it. Most of them think that it is impossible to get rich in the stock market and this is only for those who are rich and smart ones. For them, investing in the stock market is like gambling. It is better to put money in the bank rather than to gamble it in the Philippine Stock Exchange Inc.

It is a sad fact that only less than 1 percent of Filipinos invest in the stock market unlike in the USA, more than 50% of the population invest. Who can blame them? Even me, I only started investing in the stock market few months back. I don’t know where to start or how to invest in the stock market. I’m busy at my work and I have no time to study. There are hundreds of books, thousand of videos and tons of information about investing and buying stocks. You will only have information overload. Stock Market will not be one of my investment arsenal if I haven’t stumble upon the Truly Rich Club.

What is this club? This club is founded by Eugenio Sanchez Jr. or widely known as Bro. Bo Sanchez. He is a preacher, best selling author, an entrepreneur, financial adviser, lay minister and renowned speaker in the Philippines. He is also known as Preacher in Blue Jeans. He created Truly Rich Club not only to teach you how to earn money but to have an spiritual abundance as well. This club will help you develop an abundance mindset and give you financial literacy so that you can retire as a multimillionaire. And this is not just only about you to become rich, this is about you becoming rich so that you can richly bless others. Help other people, build a foundation, give to the charity, sponsor a child to study, lift up the poor, become a blessing to so many people. This is our club, this is the truly rich club.