How budgeting can alleviate your savings experience

There are many such people who may have been saving for quite a long time now, but to no avail. So, what would you be required to do, in order to can save up more? It is important to have enough savings, so that you can lead a secure retired future. Furthermore, savings is important for emergency situations too. Therefore, you need to take stock of the situation, so that you can save up more than before. The health of your finance depends on how you handle or manage your money.

Improving the budgeting techniques

One of the greatest crucial factors, with regards to effective budgeting is, keeping your expenses lower than that of your income. You will have to set up a goal and work on achieving that. If you have been following a budgeting plan, try to set up a new one. In order to get the things changed, with regards to budgeting, you will have to check the old receipts. These can be the receipts based on rent, mortgage, grocery, insurance and debts or even more. Find out what the past expenses have been, on an average and work on the changes as required.

In addition, you will have to:

  1. Follow separate budgeting techniques – You can start following separate budgeting techniques, for different requirements. Like, you can prepare a separate budget for a week and a separate one for the month. Then, you can use a separate budget for your everyday living, and a separate one for traveling and so on. This may help you in saving up more and from every other aspect of your life.
  2. Set up some savings goals – Set up a proper savings goal, so that you can work towards achieving the same. If you have already been saving, you will have to set an even higher goal standard. If you can achieve the new goal, set an even more stringent one.
  3. Gift yourself if you reach the goal – If you think that you had easily been able to reach the goal, you can gift yourself a small nothing. For example, if you had set up the goal for a month, but if you were able to achieve it within 25 days, you can get a gift for yourself.
  4. Try going frugal – You can try going frugal, if you had not been able to save up lots through simple budgeting techniques. You will have to save on electricity, on gas, on other bills and even on grocery through couping.

These are the ways in which you can obtain more savings and can go on to improve your finances too, in the long run. This may further, help you in avoiding debts and thus you may also see improvement, with regards to your finance and credit rating.

Yes, stocks are down again!

Yesterday, stocks fell even lower compared last week with 6.75% loss (442 points) closed at 6,114.08.
I saw this market dip happened two years ago, sometime in September 2011. This is another great opportunity to buy more shares at a cheaper price where everything is on sale for a big discount.
I have tabulated my list of stocks and checked the future growth with reference prices as of closing date yesterday June 13, 2013.  This shows “how far” the current price to the target price of each stock.


As you can see, BDO is more attractive to buy followed by LRI.

This week I sold my two year old stock, FPH and switch it to TEL and some other portion to BDO and MEG. Good thing is I still earned around 30% on the sale which is pretty good after it reaches below a hundred pesos per share.

As bro Bo says, “This is all TEMPORARY. The important thing is you try to keep buying
during times like these. RED means GREEN!”

Happy investing everyone! Investing is still more fun in the Philippines!

COLing the shots

Just in case you are not aware of this, COL Financial as part of their research product has a regular report called “COLing the shots”.  It is a monthly detailed report covering the insights on investment based on global and local market updates.

This report also gives essential information and analysis which may help us in our decision so that our investments will be a success.  It has a “model portfolio” similar to trulyrichclub’s SAM table which anyone can follow.  Below is the “COLing the shots” table as of August 1, 2015.


This report is available exclusively for COL account holders and can be found under Research –> Archives.  Click the Product drop-down menu and select Coling_the_shots and click search to list all previous reports.

Enjoy and happy investing!


Yes its true

Join the Truly Rich Club

As all we noted, time really flies very fast.  It’s been two years already since I started investing in the stock market with the guidance of Bo Sanchez’ TrulyRichClub.  Last year and early this year, I harvested some of the “fruits” of my investments by selling the stocks recommended by the club.  I’m very happy about my profits.  Now I know the truth about Robert Kiyosaki’s idea that money can work hard too through investing; treating your hard earned money as employee.  I wish I could have started investing as early as 2008 when the market crashed!  Here are some of the facts I’ve gathered recently.  In the midst of 2008 financial crisis, Meralco (MER) is 14php per share, Aboitiz Power 4php per share, DMCI (DMC) 3php per share, URC at 4.50php per share and JGS at 1.92php per share.  January this year, these are the new prices in pesos: MER 281 per share, AP 38.10 per share, DMC 53 per share, URC 86 per share and JGS at 38.4 per share.  The above figures only concern the capital appreciation without considering the dividends payout.  These are the returns that will surely make us a millionaire in due time instead of hoping to win the lottery.  There is a truth about the saying, “when there is crisis, wealth is being transferred” because most people who are scared in times of crisis are selling his/her stocks at a loss in which the rich people buys them.

If investing in the stock market is really good, then why there are only 0.5% of the populations are doing it?  Perhaps this is mainly because stocks are viewed as risky investments. In fact, 85% of people are losing money in the stock market.  On the other hand, if done properly, it is said that in a 5-20 year period, stocks outperforms other investment vehicles such as bonds, time deposits (of course), and even real estate (in some cases).

In my experience, our biggest enemy is ourselves due to lack of education about how money works and clinging to an old idea.  We are all brainwashed to work for money since we were kids.

So act now, drop the old ideas and start your journey to financial freedom!








COL is raising MEG’s target price

In a recent report, COL raised its target price for MEG from Php2.87 to Php3.34 per share.  Considering a 15% profit, the new buy below price for MEG will now be Php2.9.  At the time of this writing, MEG is traded at 2.78 per share.  Below is a portion of COL’s report about the MEG’s growing rental business.  I believe this is the main reason why there’s no sell alert for MEG last week after it reached (2.82) nearly its target price.

MEG has successfully replicated its well-received live-work-play model in Eastwood to other parts of Metro Manila such as McKinley, FortBonifacio, and Newport. Coupled with the rapid growth of the BPO industry which has led to strong demand for office space, MEG’s leasing business has been expanding rapidly. In 2009, MEG’s commercial leasing business contributed just 29% of the group’s income from operation. In 9M12, the leasing business contributed 46% of the group’s income from operations. We believe that MEG will continue to benefit from the strong growth of the BPO sector given the group’s large landbank in the Fort Bonifacio area, which remains to be one of the top choices of BPO locators. With the growing contribution of the leasing business and its attractive longer term potential, MEG’s earnings stability and visibility will continue to improve.


The views expressed herein are that of the Website’s owner unless otherwise stated.  This blog does not solicit the reader to buy because of the articles posted here. Due diligence must be exercised before buying shares of stock.  The Website owner doesn’t hold responsibility in any manner arising from reading this blog.

Are you riding the rocket?

This week is one of the most exciting times in the stock market. Imagine, for the first time I received 2 stocks alert this week from TrulyRichClub.  The main reason is its now in a “harvest season” or profit-taking from two of TrulyRichClub‘s SAM recommended companies.

Last week I earned from selling BPI after exceeding its target price of 91 (I sold all my shares at 96.45 per share!) and this week, I sold SMPH where I earned 20% after almost 10 months of investing on it. Plus, remember SMPH’s 25% dividends given in the form of shares?  Yum yum yum!

Sad thing is, its getting hard to buy other SAM stocks although some are still in its buy below price. Obviously the price is now higher because almost everyday the PSE is soaring to record breaking highs.

Now I have my funds from selling SMPH and BPI and I realized, the more money I inject in my account, there are more chances of giving me a higher return!  This is exciting; my money is making more money without me working so usual I’m gonna fund my COL account payday after payday.

Thanks to the TrulyRichClub for the guidance in riding this rocket called The Philippine Stock Market!

Why You Should Never Be a Trader

Investing nowadays is a very “hot” and popular topic in many forums online as well as in Facebook. First timers are getting confused about “investing” and “trading”. Like someone is saying “I want to start investing in the stock market, can you teach me how to play?”  Most probably because in many online forums, although the subject is entitled “investing in the stock market”, a lot of people talk about their recent “trading” activities and giving out tips (or “bulong”) what stocks to buy. Because of this, “newcomers” think investing is also trading. I believe this article from Bo Sanchez is really worth sharing. It will help and guide those who are new to the world of investing what’s the difference between an investor and a trader.

Just a little bit of definition of terms here…Investors buy stocks and don’t sell for six months to 20 years.
Traders buy stocks and sell them after a few hours or days…
Here’s another difference: Investors buy only the giants we recommend in our list below. Traders buy anything, especially penny stocks, because they’re more volatile, and thus give them more opportunity to earn more money (theoretically).

Here are three reasons why you should never become a trader:

1. Traders Pay More Fees
Every time you sell stocks, you pay a fee.
Yes, the fees are cheap. But still, they do add up.
And that’s subtracted from your profits.

2. Traders Need More Expertise
Some of my closest friends are fulltime traders.
The stock market is their fulltime job.
They don’t do anything else.
Guess what: A lot of them still lose money!
Despite ALL their training. 

3. Traders Need More Time
How much time a day will you spend in actively trading your stocks?
One hour?
Question: Why not invest that one hour on your business?
One hour every working day is five hours a week.
If you’re a salesman, use that one hour to call up former customers just to say “Hi” and build relationships.
If you’re an entrepreneur, use that one hour to study how to market your products through the Internet.
Believe me, you’ll earn more money!
And whatever added profit you earn from your business, you can plow back to the stock market as an investor!

What You Should Never Do

After giving a talk on stock market investing, a participant (who probably came in late and didn’t hear my entire talk) came up to me and asked, “Bo, my bank is offering me a personal loan of 0.9 percent monthly interest.
Can I borrow and put it in the stocks? If I can earn at least 20 percent a year—I’ll be on top…”
Questions like this make my toes curl.
I told him, “I care for you. Don’t do that. If I had an enemy I wanted to torture, I’d tell him to trade the stock market on borrowed money.”

Work on Your Business, Not the Stock Market

Here’s the harsh reality.
You can’t invest in the stock market if you don’t have cashflow.
What is cashflow?
Cash that flows to you. (Gosh, I’m so brilliant.) Every month, you have a steady income stream that pours money into your lap. That income stream could be your job or business.
If you don’t have cashflow, you can’t invest in the stock market. Period. So what should you do?
Spend 99 percent of your time (creativity, energy, attention) on your business.
Create your cashflow.
Increase your cashflow.
Multiply your cashflow.
And then spend 1 percent of your time on investing that cashflow on the stock market.

If I Can’t Stop You, You Could Trade with Your Loose Change

One young man told me, “But Bo, I want to really trade! Investing is so boring. But trading is so much fun!”
If you really want to trade, then trade with your loose change.
Meaning? Money you can lose without having a heart attack.
But the huge bulk of your money should be long-term investments in giant companies.
If you really like to learn how to trade, Citiseconline gives free seminars on technical trading. You can call them up and ask for their schedules.

Ayala Corporation

Last week I was eyeing to buy Ayala Corporation (AC) shares.  But when I look at COL’s Investment Guide, the rating for this stock is HOLD so I had a second thought buying.  This Tuesday it was upgraded to BUY with a target price of 520.  Luckily, this company is now added to SAM stocks list so I’m happy and started buying it.
Looking at COL’s latest report, I got to know its core businesses – ALI, BPI, MWC and GLO (Globe Telecom) and other recent activities.  According to the report, a favorable growth for these businesses is expected for the next few years because of our growing economy.  BPI on its lending business, MWC’s expansion within and outside the east zone, and GLO’s aggressive marketing in the telecom business is paying off.  GLO has improved its subscriber market share and revenues despite of the merging of its competitors.  AC is also involved in the power and infrastructure businesses.  In the power industry, AC has a target of 1,000MW generating capacity by 2016.  Related to this, AC has entered into a joint venture with A Brown for a 135-MW coal-fired plant in Iloilo and with Trans-Asia for the construction of another 135-MW plant to be started on the next quarter.  AC also entered a joint venture agreement with MPI and AEV to strengthen its position to win PPP (Public-private partnership) projects.

Knowing this latest report indicating the company’s recent activities, there is no doubt AC is another turtle that will be a sure winner in the coming years!

Why BPI?

It was last October 4 when I decided to sell all my BPI shares after hitting its target price of 80 pesos per share. I earned around 17% after consistently buying shares since February when its price is still in its “buy below price”. After selling all my shares in the morning, I received an update in the afternoon which encourages keeping BPI.

From the COL investment guide, I also saw BPI with upgraded (or new target) price of 91 pesos per share. This week, BPI’s price drops to around 77 pesos per share so I decided to buy it again because BPI has now a “buy below price” of 79.13.

At the time of this writing, its price went up at 82.95 per share. Here are some of the surprising facts and top reasons why BPI is a good stock pick: Continue reading “Why BPI?”

Time To Upgrade

It’s been a long time since we last posted the stocks update from TrulyRichClub. I believe its time for you folks to do the “upgrade” after several months of receiving the freebies from this site.  As Robert Kiyosaki says, “pay your brokers well”.  I also believe this should be part of your investment (if you’re really serious) while you’re learning and accumulating your wealth.  This will keep your investments safe thru the guidance and inspiration of Bro. Bo Sanchez and his team.  You won’t get stressed and tempted to do “trading” like most people nowadays who are confused about trading and investing.  They will “trade”, earn today and bring it back to the stock exchange after a couple of weeks.  In short, you can sleep at night with less worries and focus on your daytime job.

There is a lot of information you’ll get by joining the club. Once you become a member, you’ll get the timely and whole Stocks Update eReport including tips, Wealthstrategies which provides education on entrepreneurship and other stuffs, and powertalks that will encourage you to be faithful on your investments.  Not only that, you’ll also get the chance to earn passive income by promoting the club to your friends thru facebook, blogs and email by becoming Bo Sanchez’ affiliate. When you earn passive income from the club, you will reach a point that your membership fee will be covered and becomes free. Sounds great right? But of course this won’t happen overnight. In my case, it took me around a year before it happens. So, good luck and I hope you join us.

We will only post a summary of updates based on our insights 1 or 2 weeks later but not the usual stocks update