Bad News: Yikes, Our Depressed Stock Market Fell Even Lower! — Bo Sanchez Bad news, right? This “bad news” is actually SWEET MUSIC to the ears of long-term investors like myself and my TrulyRichClub Members. Why sweet? Because a depressed Stock Market is similar to a mall-wide “midnight sale” where all the fantastic Stocks are selling at insane cheap prices. If you’re still thinking of getting into the Stock Market, now is the time to jump in. But before I tell you why I believe this is the best time to invest, let me reintroduce myself to some people who may not know me… My Maid Has P541,271 I’m the crazy guy who taught my maids to invest in the Stock Market. (I was the one who wrote the bestselling book, My Maid Invests In the Stock Market And Why You Should Too.) Today, one of my maids has P333,289 in her Stock Market investments. My other maid—the one who I promoted as my bookkeeper two years ago—has now P541,271. NOTE: Before the Stock Market crashed a few months ago, she already had P600T+. So she should be very sad, right? Nope, she’s not. She’s fully indoctrinated with our long-term investment strategy at the TrulyRichClub. She knows this “paper loss” is very temporary. They Will Retire Multimillionaires This morning, I just told her, “If you keep this up, you’ll reach your first million in 4 years.” Boy, I’m waiting for that day. So I can tell everyone with pride, “My maid is a millionaire!” Confession: I’ve brainwashed my maids. I’ve also brainwashed my 100+ employees working in my businesses and ministries—because almost all of them are invested in the Stock Market. Janitors. Clerks. Messengers. Managers. They will all retire multimillionaires. Very cool. I’ve taught them to think the way I think. Even when the Stock Market is crashing around them, and it seems that the value of their investments are going down, they’re happy. Let me explain… Why You Should Be Happy When There’s a Crisis The US and Europe’s economies are picking up. So foreign funds sold their shares here in the Philippines and transferred their money back to the US and Europe. So the Philippine Stock Market went down. Note: There’s nothing wrong with our country’s giant corporations. They’re earning well and will earn even more this year and next year. But because of what’s happening in the US and Europe, our Stock Market is being pulled down. But this downward and sideways movement in the Philippine Stock Market will not last. Soon, it’ll rise up again. So while it’s cheap, long-term investors are buying Stocks every month. To my maids, this is good news. And to my thousands of TrulyRichClub Members, this is good news. Why? Because for the next few months, we’ll all be buying great companies at cheap, discounted prices. By the way, I don’t try to guess where the “bottom” is. Because I teach people to buy monthly small amounts of shares, it doesn’t matter. We just keep buying at discounted prices.
Posted on: Thu, 08 Aug 2013 02:28:48 +0000
Trending Topics
Recently Viewed Topics
© 2015