STOCK MARKET IS SCARY
I was in college then when I heard about stock
investing, other than the movies. A professor at our university is known to
have been investing in stocks. He is a certified public accountant. His
professional career is at its peak and his investments are doing quite well
until all of a sudden he went broke. Word goes around that he lost everything
in the stock market.
That professor stopped coming to school and
everyone is talking about how scary the stock market is. Students and teachers
alike talked about how risky it is to invest in the stock market. They are
saying that you have to look at the graphs, charts and stock prices frequently
because it could drop or rise in minutes.
And the movies all too vividly showed how busy
investors are monitoring the ups and downs of the market. Fortunes are made and
lost in a single blink of an eye if you don't watch your investment with eagle
eyes. The fortunate ones lived lavish lifestyles while the losers jumped off bridges.
Roughly 80% of those who put their money in stocks are losing their wealth.
I thought to myself that it’s not the life for
me. The charts and graphs are too intimidating. Besides it is too stressful to watch
the prices go up and down. I mean why torture my self. Another thing is you
need lots of money to start talking to those well stiff looking brokers in
their extravagant offices.
With those things in mind, I totally brushed
aside the thought of stock investment. It is way too scary. Until one day I
bought a book entitled “My Maid Invests in the Stock Market.” I just got
intrigued by the title and said to my self that it was nonsense. But reading it
totally blew me away.
Bo’s maid started religiously investing P2,000 every
month in the stock market in February 2010. After about 5 years, her invest is
already valued at P826,593. This is insane! How was she able to grow her money
that much when my professor, a certified public account at that, lost
everything in the stock market. She is a house help with little education to
understand the complexity of price movements and little time monitor them.
As a certified accountant myself, I took it
upon my self to know how these can happen. After immersing my self reading
books and searching the internet I came across the book by Benjamin Graham,
“The Intelligent Investor”. This opened my eyes to the reality that investing
need not be that complicated as long as you have chosen the super big companies
and bought the shares at the right price. It dawned on me that those losing
their money are those who made the stock market a gambling den.
What I mean to say is that if you are an
investor you look at the long term prospect of your money. That is you let
it grow and won’t touch it in 5 years minimum. On the other hand, the traders
are those who buy a stock today with the hope that its value increase in the short
term horizon of say one day or a week then they sell. I now realized that my
professor was a trader and not an investor. Traders can gain money fast but
could also lose it faster that I can say cheese. Trading is for the pros not
for simple persons who do not have the skill and time to read charts and
monitor the prices on a daily basis. It is a full time job and therefore it does
not create passive income.
If I am to put money in the stock market, I
want my money to give me passive income, that is my money growing even if I am
sleeping. I don’t want another full time job. It must be another income stream
with little intervention on my part.
Bo’s maid grew her money because she received
mentoring from Bo himself. Bo teaches her what stocks to buy, when to buy and
when to sell them. Bo also guides her how to have a wealthy mindset that would
attract money to her. I want Bo to be my financial mentor as well. But I thought
that would be very expensive until I found out about the Truly Rich Club (TRC).
Without any second thoughts I joined TRC. Heck
it only cost me P499 very month and I got to have Bo Sanchez as my mentor. It
is even less that what I spend on cellphone load monthly. Here Bo guides me as
I commence my journey to Wealth and Spirituality. It is very easy to join. Just
click www.trulyrichclub.com and follow the instructions.
Enjoy financial freedom and a life of
blessings.
