This part of my life getting serious about stocks has been long overdue, about nine years. Imagine? So, when I came across this How To Make Millions In The Stock Market seminar by Truly Rich Club, I booked a premium seat. I thought there was no way I could let this pass. I was very particular about whom I would spend my time listening to, so when Bro. Bo Sanchez was one of the speakers, it carried significant weight. I heard him preach several times at The Feast in PICC pre-pandemic and he had me when he would really take time to go to our seats and talk to us. He was still the same. He still approached us in our seats. Never thought I would see him again in person, but this time, it was not solely about religion, but about finance.

The night before attending the seminar, I prayed to God that I would leave the seminar fulfilled, blessed, and grateful for the people I would meet and the wisdom I would learn. Again and again, He didn’t fail me. I was 5 minutes late if we were going to base it on the call time and the number of people present in the venue, but I wasn’t. The seminar had not started yet. The front center seat was still vacant, just as I wanted it, while my MMF was already sitting in the next chair. There are no accidents, indeed. And also, who doesn’t want to be surrounded by like-minded people, right?

The Takeaways

So here are my takeaways that I would like to share:

When the student is ready, the mentors appear.

1. When the student is ready, the mentors appear. This whole thing didn’t happen nine years ago because my mindset was totally different back then. I was able to finally attend the seminar and start investing in stocks at a time when I was more receptive than ever to the knowledge I was going to learn.
2. Matthew 7:7: ‘Keep on asking, and you will receive what you ask for. Keep on seeking, and you will find. Keep on knocking, and the door will be opened to you.’ I am a firm believer in this. I would ask/pray for literally anything.
3. Contentment and dreams can coexist in your heart. You can be content, but there’s nothing wrong with not stopping where you are.
4. 1 Timothy 6:18: “Command them (the rich) to do good, to be rich in good deeds, and to be generous and willing to share.” But please, if you are going to help people, do not put a spotlight on it, as it loses its real essence the moment you do.
5. Make your dream graphic. This couldn’t be any truer! I always say this to people close to me. My first-hand experiences with this are existing proof that this works! If you can conceive it, you can make it a reality.
6. Overcome your internal objections to money. Aside from being proactive and responsible in seeking financial knowledge, managing your finances, paying your bills, spending wisely, diversifying your portfolio, investing, etc., you also have to be comfortable with money. Like seriously comfortable in talking about it, writing about it, earning it, spending it ‘guiltlessly’, giving it, etc. You have to remove the guilt. You have to trust yourself that you are smart enough not to turn your hard-earned money into waste. You have to determine and let go of the old money beliefs you have been holding on unconsciously that keep you from growing financially.
7. ‘Money serves my relationships.’ I agree. Money is a tool that I use to nourish not only my relationship with myself and with the people I love but also my relationship with the Lord.
8. “The ultimate purpose of wealth is to bless more people.” – Bo Sanchez. So, I prayed to God the night before attending the seminar to make the event purposeful for me as anything wealth-related without a purpose is meaningless. He did! He made me see how my heart can relate to Bro. Bo’s purpose as the reason why he doesn’t stop where he is. I am always open to learn with people who passionately share the same vision and work on it.
9. Invest in assets, not in liabilities. I am not going to list down the assets you can invest in and the liabilities you can not waste your money on and lecture about them. I am going to tell you two of the most important things I have learned in investment, which took me decades to learn: one, yourself is the most important asset you can invest in and two, you have to determine whether the relationships in your life are assets or liabilities, and when you find out what the answer is, act on them according to what your purpose in life is. Remember, assets can bring you up and liabilities can do the opposite.
10. There are three choices when it comes to handling our money: spend, save, or invest. You choose.
11. Wealth is not how much you earn but how much you keep. You can earn a 6-digit income in a month and pay your credit card bill which is almost equal to what you earn, your income is nothing.
12. “Walang perang nagkasya sa taong magaling gumasta.” Read number 11 again.
13. Multiply your income streams. The goal is to have more than one. The goal is to have two, or three, or four more and so on. The more, the merrier. There has to be many and not just one egg in the basket to keep it steady.
14. Invest 20% of your income regularly. Invest the money you won’t use for ten years or more. You can modify the percentage depending on your judgement. The goals are to invest the money you can let go of and to invest long-term.
15. Proverbs 21:20: The wise man saves for the future, but the foolish man spends whatever he gets. Reread numbers 11 and 12.

Honor the Lord with your wealth, with the first fruits of all your crops; then your barns will be filled to overflowing, and your vats will brim over with new wine.

Proverbs 3:9-10