Last Saturday, we were in Valle Verde to assist in the Truly Rich Coaching Seminar being run by Beaconlight of Bro Bo Sanchez . In that seminar we got a shocking fact from Edward Lee;a self made Billionaire, about how poor Filipinos are in Investing Literacy!
This is the shocking revelation...in Hongkong, there are only 7M people and out that 1.5M are into investing.... that is not the shocking revelation...this is is what is really shocking....in the Philippines, as of last statistics I know, we are 90M, guess how many are into investing on this same company CitisecOnline? Only 9000 people do invest!. Total investments average turnover we have on Stocks Market per day is only 3B pesos while it is 80 Billion HK$ in Hongkong. This is truly shocking reality!
In our country, Several hundred trillion pesos are in the savings account and these are mostly remittances of OFWs and seafarers. Many millions more of employees who put themselves on the grindstones of daily work put their money on savings account not knowing that their money will double only after the next 144 years!
Indeed many of us do not know that the money we earn if properly invested can earn more money for us. Not so many know how to be financially free, without the need to work, with passive income through interest earnings from investments. Not too many know how money can work for us. Not too many trust the financial institutions.
This reality makes us more fired up to do our mission to bring sight to the blind and hearing to those are deaf as far as investing is concerned. We have a stronger resolve to help and reach out to as many people we can to teach people how they make their hard earned money work for them. That there are legitimate companies who are willing to help people achieve their financial goals.
Bro Bo is consistent and has constant drive to make people aware that being Truly Rich is a good thing and through saving and investing we can achieve it. It is our ardent prayer that we will succeed in our mission in making Filipinos be financially literate and disciplined to be investors too! We want to be proud of the Philippines as the country with most number of investors!
God be with us in this mission!
God bless!
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