Mommy Enters the Investors World – the World of the Stock Market

Almost decade, my uncle would always encourage us to read about financial management, economics and business. He would also tell us to read the news everyday as there are opportunities in the everyday news. He also encouraged us to invest in the stock market. (The minimum investment amount that time was P25,000.00)

Of course, being young that I was and being at the height of enjoyment, and with no P25K to spend, I just shrugged off my shoulder and let him speak whatever he wanted to without actually internalizing what he was telling us.

Fast forward, now, almost 10 years after that discussion, I begin to regret not following his teachings. If I did, I might have enough money right now. Well, it’s not yet late.

Last September, I was able to convince Hubby-Su that we will try investing in Stock Market. I told him, I was inspired by Bo Sanchez and that we also have the right to be investors. Yippee, he agreed. Thus, the following morning, I sent my application via DHL and deposited the minimum investment amount of P5,000.00 only. Thankfully, they have opened their gates to those who do not have P25,000.00.

Today, im into what, in the 6^th month of happy investing. I tried short term investing but I guess it was not for me, my heart can’t cope up with it. I had my share of losses (around 9%) but I also had my share of gains (18%), now I’ll be receiving my first dividend (I guess approximately P500.00 hehe, but I’m not looking into the “now”, my eyes are in the “tomorrow” when I’ll be needing the money more)

This is my advice to my fellow small time investors ( I call myself small time because the amount that I invest is “tingi-tingi”, just bits from our monthly income) or to everyone who wants to invest in the stock market but only has a little to spare:

Though Invest in Small Amount, Invest it Long time

Consider the amount that you have invested as expenses, don’t think of it anymore (after all, if it is in your hands, you could have also spent it on clothes, cellphones, and other stuffs). Just continue putting a little amount for a period. And then later you will just be surprised to see how much your money has grown.

I have a friend, his dad invested in the stock market 20 years ago. He bought 10,000 shares of a company for P50, 000.00. Every year, he receives around P100,000.00 for dividend alone and what’s more, the price per share of the stock is now at P200+. If he decides to sell his stock today, he will get P2.5M.

That’s why, I encourage my fellow “unrich-working commoners”, we too have the right to be financially wealthy someday. Just save, invest and save and invest. The “Piso” that we invest today can become P100 tomorrow. How much more if we save and invest P100, or P1000.00, or more.

I know, investing is not easy. But for us who are not fully equipped with financial knowledge and yet we really want to learn and have a mentor, try Truly Rich Club. Bo and his friends are very much willing to assist us. 

The Enlightenment... The First journey

"Miracles do happen do happen everyday. It only depends whether man has accepted the gift"

I consider this as a miracle. I never had any knowledge of financial freedom before, of psychological wallet, of asset allocation and fund diversification. Moreover, I never had any basic idea of investments, of stock market. Well, my basic idea about them is that investments mean millions of pesos and stock market is only for the rich, the tycoons and elites. 

I cannot remember the exact date or time but it came when we were financially struggling - we only have meager income, my husband and I, and we are still supporting his siblings who are still in school. Let's say we have this regular expenses:

• Household expenses
• Water Bill
• Electric Bill
• Our 1-year old son's needs (milk, diapers, etc)
• Allowance and projects of Sister 1 (College)
• Allowance and projects of Sister 2 (High school)
• Allowance of Mother-in-Law
• Medicines of my parents 
• Our allowance
• LPG
• St Peter subsciption
• etc

And then we were left with nothing. I was so distraught with our situation and financial status that I researched for ways to earn additional income. I have read of having online business, online jobs and many more. But I felt that they were not for me.

And then, I was able to read Bo Sanchez's "8 Secrets of the Truly Rich". And it was there that I have understood almost everything. Call this crazy but when I was reading the e-book, i really felt as if I am another person, a person who is full of willingness to learn and comprehend; a person who has suddenly become a visionary of her future; a person who wants to better the future of her family; a person whose vision has become clearer.

Aside from the e-book, I have also bought an investment book, which has also increased my knowledge in financial management. I have now additional understanding on fund diversification, treasury bonds and funds, again stocks and others.

Bo Sanchez's e-book "My Maids Invest in Stock Market and Why You Should Too" has inspired me a lot and it really talks about reality. About relatives having this ESP or strong sense when a member of the family has saved a little amount of money - that's true not only for house helpers. I was so inspired by the book that I emailed it to my close friends and to those I want to share my new found knowledge with. (I'm sorry Brother Bo for sharing the e-book without permission)

Now, with still little knowledge, I believe that maybe I am indeed an investor by heart (whit whew!) because I feel it inside me, the balance, and the weight is light.

Indeed, it's as if I've been guided towards this journey by a very powerful force.