September 15, 2019

Stock Market Diary – Sept 15, 2019

Looking at the Sept 15, 2019 Truly Rich table of stocks:

1 - I’ll buy the stock in Row 5, once the price reaches (Buy Below Price minus P11.40) or lower, and then will sell it when the price reaches (Target Selling Price minus P43).

This assumes a less than long-term investing approach, and is more aligned with my short-term experiment on locking in on profits within 120 days.

If that stock doesn’t reach the (Target Selling Price as of Sept 15 minus P43), then I’ll just patiently wait for the stock price to reach the Truly Rich Club’s recommended Target Selling Price.

2 - The stock in Row 6 looks like it will start moving up, so I’ll think about making a test-buy of that stock which it’s price is lower than the listed Buy Below Price.

Will the price move up or down? At this point, it looks to me like it can go either way, although there’s a slight indication that it will move upwards.

Hence, a possible test-buy for me on Monday, Sept 16.

3 - The stock in Row 7 also looks like it’ll be moving up, so I’ll do a test-buy while the price is still lower than the Buy Below Price.

4 - The stock in Row 11 looks like it’ll be edging upwards within the next few days.

5 - The stock in Row 12 also looks like it’s getting ready to move up. Let’s see if the price goes higher than (Buy Below Price minus P0.95)

If it does, I’ll consider doing a test-buy. Although am not sure if I’ll be able to actually buy stocks at a price not exceeding the Buy Below Price.

So most likely, I’ll wait for the price to go below (Buy Below Price minus P1.20)

***

IMPORTANT: Given my monthly budget for the stock market, I won’t buy more than 3 stocks per month. I’m making this stock market diary under the assumption: “What if I haven’t bought any stocks yet this month?”

In short, I don’t buy stocks every week, although I have a stock market diary entry more than once a month.

***

NOTE: Yes, I'll be placing GTC Buy Orders, and after those stocks are bought, I'll place GTC Sell Orders.

It's important to know your Entry and Exit points, so that you don't get too emotional about the stock price movements.

Join the Truly Rich Club at http://trulyrichclubjoin.com-review.org and access the Stocks Table in the paid members' area.

Get your step-by-step guide to how we invest in the stock market here: https://TrulyRichPinoy.com/tara/

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March 2, 2017

How A Woman Ended Up With P22 Million

Friends are asking how a woman who invested P3,000 each month in the stock market starting at the age of 30, ended up with P22 million at the age of 60. In this video, we show you the computations using a basic table in MS Excel, plus the shortcut Future Value formula, that quickly gives you the final amount you'll end up with, assuming you invest a fixed amount each month for a certain number of months, and assuming a certain rate of return from the stock market.

Please note, however, that you can make little or zero money from the stock market. Plus, there's also a risk that you'll lose money if the stock prices are low and you're forced by circumstances to sell your stocks at a price lower than that which you bought them.

While stock market prices go up and down regularly, some analysts believe that the overall long-term trend of stock prices of solid companies is upward. Some stock market mentors would aim for an average of 12% return on interest, while others would go for 15%.

Based on our experience, we've seen mutual funds (equity - stock market) grow as low as 3%, and yet others which grew at 18%.

There's a step-by-step guide here for you who are interested in long-term stock market investing:

http://TrulyRichPinoy.com/tara/

The above guide helps you understand what you need to do before you invest in the stock market.

Kind regards,
Manny M. Viloria

Truly Rich Club Fan Manny Viloria Explains The P22 Million Computation

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December 25, 2016

The Switching Stocks Strategy

Bo Sanchez recently told members of The Truly Rich Club to use the Switch Strategy. Here's a basic description of how it works:

1. Sell all your stocks in Company AAA, even at a loss.

2. Use the money from that sale to buy as many shares of stock as you can in Company BBB, because the price of Company BBB's shares is quite low, and the price of Company BBB's shares is expected to go up faster than that of Company AAA.

Here's what we're going to do...

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July 27, 2016

OFWs and TIN

OFWs are asking about the TIN requirement of COL Financial. Here's a quick guide for you, so that you can get started and apply for your COL Financial account and start buying and selling stocks online.

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July 7, 2016

Bo Sanchez Launches Truly Rich Club 2.0

Bo Sanchez celebrates his birthday in July, and launches Truly Rich Club 2.0

He kicks it off with a series of videos, and if you would like to watch the mini-course video series, head on to:

http://trcprelaunch.com-review.org

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September 21, 2015

COL Financial Trading Fees and Handling Charges

Truly Rich Club friends have been asking about the trading fees and handling charges in COL Financial, plus some sample computations.

Here's the info available online:

The following lists the corresponding charges for buying and selling transactions:

FOR BUYING AND SELLING:

FEE AMOUNT REMARKS
Commission .25% Of the Gross Trade Amount
Value Add Tax (VAT) 12% Of Commission
Philippine Stock Exchange Transaction Fee (PSE Trans Fee) .005% Of the Gross Trade Amount
Securities Clearing Corporation of the Philippines Fee (SCCP) .01% Of Gross Trade Amount
ADDITIONAL FEE FOR SELLING
Sales Tax No. of Shares x Price x .005

* Note: The Commission fee has a minimum charge of P20.00 per transaction. And if you require a broker-assisted trade, the commission charge is .5% of the Gross Trade Amount.

EXAMPLE:

Buying - Total fees for buying 20,000 shares of ALI at Php5.00/share

FEE COMPUTATION AMOUNT
Commission (20,000 x P5.00) x .25% P250.00
VAT P250 x 12% P30.00
PSE Trans Fee (20,000 x P5.00) x .005% P5.00
SCCP (20,000 x P5.00) x .01% P10.00
Total P295.00

Selling - Total fees for selling 20,000 shares of ALI at Php5.20/share

FEE COMPUTATION AMOUNT
Commission (20,000 x P5.20) x .25% P260.00
VAT P260 x 12% P31.20
PSE Trans Fee (20,000 x P5.20) x .005% P5.20
SCCP (20,000 x P5.20) x .01% P10.40
Sales Tax 20,000 x P5.20 x .005 P520
Total P826.80

Each computed charge listed above are rounded to hundredths (2 decimal places) using Symmetric Arithmetic Rounding*
for the calculation of the total fees.

EXAMPLES

3.044 rounded to hundredths is 3.04 (because the next digit, 4, is less than 5).
3.046 rounded to hundredths is 3.05 (because the next digit, 6, is 5 or more).
3.045 rounded to hundredths is 3.05 (because the next digit, 5, is 5 or more).

[close]

COL Financial Handling Charges

1. Lodgement fee (Depositing a Stock Certificate) - A Lodging fee of Php120 + VAT per stock will be charged with an additional Php20 + VAT per certificate of the same stock after the first certificate.

2. Electronic Share Transfer (Broker to Broker) - Electronic transfer can take one or two days and would entail a cost to the customer of Php75.00/per stock from the issuing broker and the receiving broker.

3. Upliftment fee (Request a Certificate) - Requesting a certificate would entail an Uplifting charge of Php150+VAT per stock, and could take up to a month to generate a new certificate.

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September 21, 2015

COL Financial Claim Procedures

Here's how you (or your heirs) can withdraw part of all of your Cash Balance from your COL Financial account.

How Your Heirs Can Claim Your COLFinancial Account In Case Of Your Demise

In the unfortunate event of an account holder’s demise, the following are the documents to be submitted by the surviving spouse/heir:

1. Death Certificate

2. Either one of the following:

2a. If with testate or intestate proceedings, a court order appointing the executor/administrator and authorizing him to close the account and collect the proceeds;

2b. If without testate or intestate proceedings:

(i) If there is only 1 heir – Affidavit of Self-Adjudication
(ii) If there is more than 1 heir – Deed of Extra-judicial Settlement of Estate
(iii) In either (i) and (ii), submit also proof of filing of the Affidavit or Deed, as the case may be, with the office of the register of deeds

3. Release, waiver, and quitclaim, holding COL free and clear from any action, claim or liability brought by third parties in relation to the closing of the account and release of the proceeds thereof.

4. Proof of payment of estate tax or BIR Certification that the same is exempt from estate tax

5. Identification documents of surviving heirs (photocopy of 1 government issued ID, with picture and signature)

Surviving heirs may then open an account with COL Financial to transfer all stock and cash positions from the deceased client’s account to the surviving heirs’ account. Surviving heirs will have to submit identification documents and POB and accomplish account opening forms.

Here's a TIP: Open a JOINT OR account in COL Financial. Use "Your Name OR Your Spouse's Name"

That makes it simpler.

Please note that as long-term stock market investors, we do not make it a habit of withdrawing COL Financial funds often. We let the funds grow, and at the opportune time in the future, that's when we withdraw.

You can do this yourself using the COL Financial Withdrawal of Funds Form:

col-financial-withdrawal-of-funds-form

You may choose to go to the COL Financial office and pick up the cheque, or you may have COL Financial deposit the amount to your bank account (which you registered with COL).

Now that you know how to get your money from COL Financial, go and use the stock market information and info provided by the Truly Rich Club of Bo Sanchez today!

Kind regards,
Manny M. Viloria

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June 22, 2015

Truly Rich Club Monthly Stocks Updates

Friends are asking how to access the monthly stocks updates inside the Truly Rich Club. It's easy! Here are the procedures and screenshots...

Continue Reading

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January 15, 2015

7 Reasons Why I Subscribe To The Truly Rich Club of Bo Sanchez

Hello Friends of TrulyRichPinoy.com! Just wanted to wish you a Prosperous 2015! Here's why I subscribe to the Truly Rich Club of Bo Sanchez.

abundant-2015-manny-viloria

1. We save time, because of the easy-to-read table. We look at it once a month when deciding which stock to buy.

Here's a sample table. On the rightmost column we see the action to take: Sell, Hold (Wait), Buy. So easy and simple!

truly-rich-club-150113

No need to always be online.
No need to monitor the stock market daily.

Just once a month is all it takes.

2. We appreciate the Stock Sell Alerts which are sent via email.

These emails appear in our smartphone, so we know right away when a stock is approaching its Target Selling Price... even if we don't watch the stock market everyday.

3. We like supporting Bo Sanchez, because he supports the Anawim Community for senior citizens.

Yes, we can simply keep the money in our pocket and do the research ourselves in the COL Financial website. Now since we appreciate receiving the insight from the team in the Truly Rich Club, as well as having free time to spend with our loved ones, the thought that part of the TRC subscription goes to the maintenance of the Anawim Community is a big plus.

Habang natututo tayong mag stock market,
may natutulungan din tayong bahagi ng ating lipunan.

4. TRC helps us explain the stock market to our children.

The concepts taught by Bo Sanchez are easy to understand. This makes the info also easy to teach.

And by teaching our children at an early age about the importance of investing in the stock market, we are able to help them prepare early for their financial future.

Remember, the main thing that will help your funds grow is TIME.

So the earlier we start, the better.

5. The info in the Truly Rich Club helps us grow.

So far, we've seen a growth of around 18 to 21 percent.

We're not saying that this is guaranteed. Returns will change from year to year, and we are aware of that.

We could've simply placed our money in a Mutual Fund (Equity) and let the fund managers handle everything. Subscribing to TRC has helped us learn more, and somehow earn as much as we would have if we had used a Mutual Fund.

Plus, the TRC info isn't only about money or the stock market. There are articles about spiritual growth as well.

6. TRC has helped us expand our network of contacts.

It's wonderful when you meet like-minded people who value financial literacy, community, and service.

You'll be amazed when you meet people who are also fans of Bo Sanchez, or who appreciate the tips and lessons inside the Truly Rich Club community.

With TRC, you're not just investing in the stock market on your own. You connect with others, too.

7. TRC has an affiliate program that helps you add to your stock market funds without touching your salary.

We appreciate the generous affiliate marketing program of Bo Sanchez, where you can earn referral commissions. You can place these commissions in the stock market and grow your portfolio.

That's one smart way of using passive income to help you prepare for your future financially.

So again, here's wishing your a Prosperous and Abundant 2015! 🙂

Keep on reading and learning, as we journey towards higher levels of financial literacy, success, and personal development.

Click This: Join the Truly Rich Club

All the best,
Manny M. Viloria

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October 16, 2014

When Stock Prices Go Down, Rejoice!

Long-term stock market investors like us rejoice when the stock prices go down, because that means good stocks become more affordable. This allows us to buy more of these good stocks, so that when their stock prices go up in the future, we'll be able to sell more and earn more.

Of course, there's something we need to keep in mind...

moshi-moshi-manny-viloria

Hi! I'm Manny Viloria, and I enjoy helping others learn how to invest (long-term) in the Philippine stock market.

One of the important things we need to keep in mind is this: The stock market does NOT guarantee that you will earn.

But when we do earn, it's so much higher than what we can earn by simply placing our money in the bank.

And what helps boost our confidence is finding ways to generate EXTRA cash that we can invest in the stock market. That way, our salary or Active Income will remain untouched.

Anyway, I'm happy to share with you that stock prices went down recently. But we're not tearing our hair out and shouting "Oh no!"

Instead, we're exclaiming "YEHEY!" because we now have more choices as far as which stocks to buy is concerned.

Last week, the Truly Rich Club members were shown four stocks worth buying. Today, we're now seeing 6 stocks.

That's good because we have additional options on where to put our money.

Look at this COL Financial screenshot:

col-financial-20141016

In the above example, we see that I've invested in 4 stocks. Let's just call them Stocks A, B, C, and D.

Do you see the red negative 22.78 percent? That stock's price is below what I paid for it when I bought shares of that stock in the past.

Am I worried? No.

It's the stock of a solid company.

In fact, I'm happy that the price has gone down, because now I can buy more of those stocks.

Why are there red/negative numbers?

That simply means the current prices of those stocks are lower than when I bought those stocks.

If I get the value of what I have in COL Financial, and compare it with how much we deposited in 2012 in COL, the return is 38.85 percent.

Or around 19.43 percent per year (simple average).

This means that if we invested P50,000 in the stock market in 2012, the value today would be P69,425.

If we deposited P50,000 in a savings account in a bank in 2012, the value today would be around P51,005.

So even with those two red numbers in the screenshot above, I'm still ahead of the bank (with the 38.85 percent).

Please note that this website is for informational purposes only. If you need financial advise, please consult your professional financial adviser. Thanks!

What about that nice green 11.06 percent? Should we sell that stock and convert it back to cash now?

Yes, we can do that. But I won't, because its price is not yet near the Target Selling Price. I will patiently wait for that.

Here's the Lesson: Do not be afraid of red numbers.

Remember, we're into long-term stock investing. Look to the future. 🙂

To Your Success!

Kind regards,
Manny M. Viloria

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