Just a sweet short note for you this Sunday morning!
Here’s the latest update of Bo Sanchez’ Truly Rich Club regarding investments in the Philippine Stock Market.
As you probably know, the club gives regular stock update to help its members in taking charge of their investments in the Philippine Stock Market. (Aside of course from its empowering Wealth Strategies, ebooks and a whole lot more of financial materials!)
Read on!
Europe Plummets, China Slows, America Dips… But the Philippines Stabilizes
“Lord, may our stock market go even lower…”
My crazy friend said this crazy prayer. He’s a TrulyRichClub member who has now been completely brainwashed by our investing philosophy—that a stock market that stays sideways or goes downward is FANTASTIC for our long-term investments.
But I’m afraid God won’t answer his prayer. Not this time.
Why do I say that? Just look at the terrible fear that’s gripping the world. Everything is falling apart. But the Philippine Stock Market is stabilizing.
Europe Going to Recession?
First, Europe is crashing. Greece and Spain are bankrupt. And they may opt to leave the European Union to escape paying their gigantic debts—which will cause chaos in the financial companies that lent them money and insured these debts. Or they may stay in the EU, with Germany and France lending them even more money. Either way, recession in Europe is almost inevitable.
China—Crashing with a Soft Landing
Second, China’s economy continues to slow down—intentionally. (Reason: Too much hypergrowth in the past years.) But the good news is that the Chinese government is sitting on a massive mountain of cash. (Rough estimates say $3.5 trillion is at their disposal.) This is the total opposite of Europe where many countries are bankrupt. And the Chinese government is now starting to spend on infrastructure to “soften” the economy’s landing.
US Market Gripped by Fear
Third, the US Stock Market has gone down even more. Why? Irrational Fear. Because if you look at big US companies, their earnings are actually going up. So why are their stocks going down? Because of what’s happening in Europe and China, people aren’t buying stocks. They were burned in 2008 and they don’t want to be burned again. Thus, the fear.
There’s More Fund in the Philippines
What about the Philippine Stock Market? Economically, we’re one of the few bright spots on planet earth. Gosh, we’re not used to this kind of news. It feels weird. We’re used to being the basket case of the world.
Not this time. Despite what’s happening worldwide, our stock market is holding. The sideways motion continues.
Now if a gigantic event happens—like a Greece or Spain pullout from EU—we’ll feel a jerk downward.
But our fearless prediction is that we’ll bounce. (If we’re wrong and we’ll stay down, we’re still okay. Because we’ll have more time to buy our fantastic companies at cheaper prices. And it’ll also mean that my friend’s crazy prayer above was answered. Sheesh.)
Last month, we said that the Philippine Stock Market would have a sideways or downward motion for three to six weeks. So we’ll probably have two or three more weeks to go before we start inching our way up again. (These are all intelligent guesses. We don’t know exactly when…)
So what should we do?
Our strategy has always been the same—in good times or in bad times: Keep buying every month. Our very simple SAM (Strategic Averaging Method) protects us from all sorts of crisis.
Another fearless prediction: After 20 years, you will outperform 90 precent of all the traders out there who are trying to “time” the market.
Aren’t you happy you’re in the TrulyRichClub?
May your dreams come true,
Bo Sanchez
P.S. Read Mike’s instruction below on what stocks to buy. Happy investing!
Top 10 Past Winners of TrulyRichClub’s Stocks
If you followed our Stock Recommendations in the past, you’d have enjoyed these earnings. We’re reposting this again to encourage you to be faithful to your monthly investments today for the stocks we recommend above.
Never give up. And you’ll have great winners 10 to 20 years from now!
Here’s the latest update of Bo Sanchez’ Truly Rich Club regarding investments in the Philippine Stock Market.
As you probably know, the club gives regular stock update to help its members in taking charge of their investments in the Philippine Stock Market. (Aside of course from its empowering Wealth Strategies, ebooks and a whole lot more of financial materials!)
Read on!
PS: Membership is now open to our newest facebook group – Investing in the PhilippinesStock Market – Tips and Tricks. Join now and get exclusive access to tools and resources for your investing career! It's our private vault of financial ebooks and mp3 files! Join here!
***Europe Plummets, China Slows, America Dips… But the Philippines Stabilizes
“Lord, may our stock market go even lower…”
My crazy friend said this crazy prayer. He’s a TrulyRichClub member who has now been completely brainwashed by our investing philosophy—that a stock market that stays sideways or goes downward is FANTASTIC for our long-term investments.
But I’m afraid God won’t answer his prayer. Not this time.
Why do I say that? Just look at the terrible fear that’s gripping the world. Everything is falling apart. But the Philippine Stock Market is stabilizing.
Europe Going to Recession?
First, Europe is crashing. Greece and Spain are bankrupt. And they may opt to leave the European Union to escape paying their gigantic debts—which will cause chaos in the financial companies that lent them money and insured these debts. Or they may stay in the EU, with Germany and France lending them even more money. Either way, recession in Europe is almost inevitable.
China—Crashing with a Soft Landing
Second, China’s economy continues to slow down—intentionally. (Reason: Too much hypergrowth in the past years.) But the good news is that the Chinese government is sitting on a massive mountain of cash. (Rough estimates say $3.5 trillion is at their disposal.) This is the total opposite of Europe where many countries are bankrupt. And the Chinese government is now starting to spend on infrastructure to “soften” the economy’s landing.
US Market Gripped by Fear
Third, the US Stock Market has gone down even more. Why? Irrational Fear. Because if you look at big US companies, their earnings are actually going up. So why are their stocks going down? Because of what’s happening in Europe and China, people aren’t buying stocks. They were burned in 2008 and they don’t want to be burned again. Thus, the fear.
There’s More Fund in the Philippines
What about the Philippine Stock Market? Economically, we’re one of the few bright spots on planet earth. Gosh, we’re not used to this kind of news. It feels weird. We’re used to being the basket case of the world.
Not this time. Despite what’s happening worldwide, our stock market is holding. The sideways motion continues.
Now if a gigantic event happens—like a Greece or Spain pullout from EU—we’ll feel a jerk downward.
But our fearless prediction is that we’ll bounce. (If we’re wrong and we’ll stay down, we’re still okay. Because we’ll have more time to buy our fantastic companies at cheaper prices. And it’ll also mean that my friend’s crazy prayer above was answered. Sheesh.)
Last month, we said that the Philippine Stock Market would have a sideways or downward motion for three to six weeks. So we’ll probably have two or three more weeks to go before we start inching our way up again. (These are all intelligent guesses. We don’t know exactly when…)
So what should we do?
Our strategy has always been the same—in good times or in bad times: Keep buying every month. Our very simple SAM (Strategic Averaging Method) protects us from all sorts of crisis.
Another fearless prediction: After 20 years, you will outperform 90 precent of all the traders out there who are trying to “time” the market.
Aren’t you happy you’re in the TrulyRichClub?
May your dreams come true,
Bo Sanchez
P.S. Read Mike’s instruction below on what stocks to buy. Happy investing!
Top 10 Past Winners of TrulyRichClub’s Stocks
Never give up. And you’ll have great winners 10 to 20 years from now!
(Disclaimer: Past performance doesn’t guarantee that you’ll have the exact same results in the future. After all, your earnings all depend on the market’s performance.)
PS: Membership is now open to our newest facebook group – Investing in the PhilippinesStock Market – Tips and Tricks. Join now and get exclusive access to tools and resources for your investing career! It's our private vault of financial ebooks and mp3 files! Join here!
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