Last updated on June 3rd, 2015
(If you want a quick guide for beginners how to start investing in the Philippine stock market, you can download your free ebook here.)
Many associate Truly Rich Club with stock market.
That’s understandable given the fact that its founder Bo Sanchez has published two of his finance book that are both related to stocks investing particularly in Philippine Stock Market.
The first one which shocked the world is entitled My Maid Invests in the Stock Market… and Why You should Too! This book contains the exciting story of her two maids who aim to make their millions by investing in Philippine Stock market with his own guidance. In effect they’re getting their club membership for free HAHA.
The second one, entitled The Turtle Always Wins, on the other hand relates the story of four kinds of participants in the stock market. It also introduced to the public the current strategy of the club which is (SAM) Strategic Averaging Method, one that refined the original strategy of the club during its first days.
But if you examine more closely the structure of the club, there are actually only two components of which that cater to investing in stock market – Stocks Update and Stocks Alert.
Stocks Update is a formal report sent to members that update the current stock recommendations of the club. Stocks Update is sent every two weeks.
Initially, Stocks Update is merely a short report (at most 2-3 pages) that includes the specific stocks to buy, a buy-below price and a target price with few words from Bo Sanchez summarizing the changes in their recommendation (if there’s any).
However, since we’re in the stock market world, the club devised a more strategic method and called it Strategic Averaging Method. It also made the stocks update more comprehensive by having another section that gives closer examination of the current stock picks of the club. This is where Mike Viñas enters the picture.
The new stocks update also gives summary tables that show the main point of the stocks update where members can base their next buy or sell. Below is a sample of this summary table (as of June 20 2012).
By doing this, they effectively serve two kinds of audiences – those who don’t want to study companies can just read the words of Bo and go directly to this table, while those who want to be more knowledgeable of the reason behind the recommendations can also read the section on the closer look of chosen stocks written by Mike Viñas.
You can get here a summary description of SAM but it is almost the same with the original strategy except for very few things.
Both still rest on the power of having your monthly investments and putting on your money at fixed interval of time. But with SAM, the list of stocks to buy is more explicit. You’re given five to eight stocks you can choose from in buying your stocks. This is fewer than the original strategy that contained three subs-plans having its own list each.
Moreover, since this is more explicit and more refined, the stocks update became more useful and easy to follow for the members. It also led to more profits in a much shorter timeframe since there’s now a more concrete direction to sell from time to time.
Here is a sample of a stocks update when it introduced the SAM in the club – click here.
Now what are stocks alert?
From the name itself, it is an alert for the members whenever the club has important market updates. Remember that stocks update are sent only every two weeks. But any stock market can have lots of surprises. Hence, Stocks Alert is the way of the club to give quick short important updates to the members between the Stocks Updates release. In effect, through the Stocks Alert, members are guided every day.
It has also a more direct instruction, telling you what exactly to do with what stock – whether to buy, hold, or sell. That’s why many find the Stocks Alert helpful since these short updates guide their hand when there seems a lot to be happening in the market.
Below are sample Stocks Alert.
There you go!
I hope this clears some of your questions regarding the way Truly Rich Club helps its members who are investors in the stock market.
But as I told you, many are focused too much on these Stocks Alert and Updates that they forget that there’s actually more in it than stocks investing. You can watch this short video of Bo Sanchez to discuss more how the club can help you but essentially, the entire package consists of below.
- Receive 2 PowerTalks every month (instant access via MP3)
- Receive Bo’s Success Mentors Collection (1 every 3 months for 1 Year)–FREE
- Receive 2 WealthStrategies newsletters every month–FREE
- Receive Daily GodWhispers Email–FREE
- Receive How To Be Truly Rich Seminar–FREE
- Receive How To Conquer Your Goliath Ebook–FREE
- Receive How To Turn Thoughts Into Things Ebook–FREE
- Earn Passive Income by being Bo’s Affiliate in the TrulyRichClub
- Earn Passive Income with Bo’s other Internet Work
- Receive Bo’s Very Practical Ebook, My Maid Invests In The Stock Market…And Why You Should Too.–FREE
- Receive Bo’s Stocks Update. –FRE
You can also just try it out first to see if you’d find the materials a powerfully inspiring Wow experience and simply cancel within 30 days so you won’t be charged with its money-back guarantee. So just for trying, you can have and keep all the great stuff that come along with the first month.
To get to know more about it, click here.
Enjoy the day!
Have fun investing (with a guide!)
PS: Personally what I like most are the success mentors collection and powertalks. I am reading now this book The Monk Who Sold His Ferrari and I’m still at awe about the deep importance of controlling your mind and using the most power from it. The MP3s I receive are my ways of nourishing my garden of thoughts as the story relates it. You can download a copy of this book in our facebook group here.
Do you want to receive stock picks and other lessons on money management & business ideas?Check out Truly Rich Club and receive 14 incredible gifts for FREE, including the opportunity to earn passive income every month!
Click here to learn more.
Did you like this article?If you are stilll a new investor, you would not want to miss watching this stocks investing practical guide for newbies.
Make sure to Subscribe to my YouTube channel for more. Click here.
Get your quick guide for beginners how to start investing in the Philippine stock market and more practical trading tips and tricks. Simply sign-up below (it's FREE!)