Give your All and you'll be blessed. All of your 3 T's: TIME , TREASURE and TALENTS...
Last week Bro Bo expounded on giving TIME to what you want to do, and need to do. " Give your 10,000 hours on what you want to excel in and you'll unleash the power in you".
This is very much applicable to any thing we get ourselves into. Be it sports, business, studies, skills, whatever. Look at the likes of Tiger Woods, Manny Pacquiao, Lea Salonga, and you will find out they had poured out more than 10,000 hours practicing , polishing, and perfecting their craft and they are super successful...agree?.. Same with investing in MUTUAL FUNDS and STOCKS... you have to give it time too....for your money to compound and grow big..
It is definitely the same with Building and Creating Wealth for your future though MUTUAL FUNDS and STOCKS Investing. You need to give your STOCKS and MUTUAL FUNDS time. You must ensure you pour time to learn the rudiments of investing on MUTUAL FUNDS and STOCKS, and on IMG business. You need to spend time building your team, encouraging, empowering and exciting them to do their best.
Everyone has equal time opportunity, and the rich people use time to the fullest in honing their capabilities and in creating wealth through MUTUAL FUNDS and STOCKS investing. Poor people waste their time, and spend it on useless activities instead of giving it to themselves to unleash the power within them.
Be rich, or better yet...be super rich, and be a blessing to others... Spend your 10,000 to your dreams....
God bless!
Tuesday, August 10, 2010
Wednesday, August 4, 2010
Getting out of Debt in America..
This is a re-posted news update from WFG- USA , the mother company of IMG in the Philippines.
Our mission to help people get out of debts is worldwide as evidenced by this. Instead of accumulating debts, we want you to accumulate assets, wealth through MUTUAL FUNDS and STOCKS investing...
Read on and be informed and educated so you don't get into the debt trap. And if you are already in it, this will tell you how our company can help you....
WFG Partners,
It was wonderful to see many of you at the Convention of Champions at the MGM in Las Vegas! Thank you for stopping by our booth if you had the opportunity to do so. We are receiving a lot of valuable feedback from Associates that we will be implementing in the months ahead and have already signed up many offices for trainings. It has been another fantastic Convention!
We have two general webinars this month, and if you have not had the chance to participate in one of our training sessions, please register. Both registration links are in this newsletter with further details. If you are unable to join us on a live Webinar, we also now have a recorded webinar on our website at www.wfg.debtmerica.com. Our website also has many resources to assist you including marketing materials, product guides and referral information.
The first article highlighted in this newsletter discusses the increase in credit card debt, despite numbers showing a decrease in delinquencies. A new report in the Wall Street Journal finds the unthinkable is happening: despite joblessness rates remaining high, collectors, who usually do the squeezing, are getting squeezed a bit themselves. Credit card companies are writing off long-delinquent debt as money they will never collect, and doing so in very large amounts.
The next article details how more consumers are turning to experts for debt management plans in aiding them in their battle against unsecured debt. The U.S. Consumer Study on Debt reveals that 5.13 million consumers have enrolled in such services, and The Association of Settlement Companies (TASC) reported their industry helped settle more than $1 billion in consumer debt last year. Just as high unemployment rates, deflated home values, rising gas prices and an economic recession have driven up consumer debt levels, so too have tightening credit markets and a strict regulatory environment limited many forms of debt relief for Americans. Most consumers today must turn to either credit counseling or debt settlement as the only viable ways to resolve high debt levels, if they are working to avoid bankruptcy.
Our third article talks about two senators who do not feel the new Federal Reserve rules on credit card companies are strong enough. The senators say that even with the new rules going into effect on August 22nd, that consumers can still get hit with double or triple the interest rate when they fall behind on their payments. With the help of these senators, more protection would hopefully umbrella consumers from creditors.
And lastly, our fourth article gives helpful tips on how to finance college without taking on heaps of debt, and it emphasizes avoiding credit card debt in particular. From choosing a better fitted university in your budget, to getting help from the federal government, or seeking out the plethora of scholarships available to you – there are great suggestions. Don't believe that a credit card with high interest rates is the only way to get you through. There are various financing options for students out there, and you just have go out and seek them.
We appreciate your partnership and will continue to help your clients reach financial freedom!
Sincerely,
Your Debtmerica Relief Team
Credit Card Debt Getting Worse, Despite Numbers
All the latest numbers make it look like a success story. Credit card debt and delinquencies have declined in recent months, and experts hail these numbers as a sign that Americans are pulling themselves out of financial trouble.
Read More »
More Consumers Choosing Debt Settlement and Consolidation
More and more Americans are finding themselves deeply in debt and looking for a way out. They are turning in greater numbers to experts that can help them consolidate, manage or settle that debt.
Read More »
Two Senators Push for Greater Protection from the FED on Credit Card Debt
In recent months, many consumers may have found themselves hit with penalty rates and fees for a late payment, which has only added to their ever-mounting credit card debt. And while new Federal Reserve rules will soon be enacted to help alleviate the problem, two U.S. senators say they don't go far enough.
Read More »
How to Finance College Without Drowning in Debt
As any consumer who has tried to pay their own or someone else's way through higher education can attest, getting a degree is expensive.
Read More »
Credit Card Debt Relief Programs:
If you are experiencing a financial or personal hardship that is preventing you from paying your bills, please Read More »
Our mission to help people get out of debts is worldwide as evidenced by this. Instead of accumulating debts, we want you to accumulate assets, wealth through MUTUAL FUNDS and STOCKS investing...
Read on and be informed and educated so you don't get into the debt trap. And if you are already in it, this will tell you how our company can help you....
WFG Partners,
It was wonderful to see many of you at the Convention of Champions at the MGM in Las Vegas! Thank you for stopping by our booth if you had the opportunity to do so. We are receiving a lot of valuable feedback from Associates that we will be implementing in the months ahead and have already signed up many offices for trainings. It has been another fantastic Convention!
We have two general webinars this month, and if you have not had the chance to participate in one of our training sessions, please register. Both registration links are in this newsletter with further details. If you are unable to join us on a live Webinar, we also now have a recorded webinar on our website at www.wfg.debtmerica.com. Our website also has many resources to assist you including marketing materials, product guides and referral information.
The first article highlighted in this newsletter discusses the increase in credit card debt, despite numbers showing a decrease in delinquencies. A new report in the Wall Street Journal finds the unthinkable is happening: despite joblessness rates remaining high, collectors, who usually do the squeezing, are getting squeezed a bit themselves. Credit card companies are writing off long-delinquent debt as money they will never collect, and doing so in very large amounts.
The next article details how more consumers are turning to experts for debt management plans in aiding them in their battle against unsecured debt. The U.S. Consumer Study on Debt reveals that 5.13 million consumers have enrolled in such services, and The Association of Settlement Companies (TASC) reported their industry helped settle more than $1 billion in consumer debt last year. Just as high unemployment rates, deflated home values, rising gas prices and an economic recession have driven up consumer debt levels, so too have tightening credit markets and a strict regulatory environment limited many forms of debt relief for Americans. Most consumers today must turn to either credit counseling or debt settlement as the only viable ways to resolve high debt levels, if they are working to avoid bankruptcy.
Our third article talks about two senators who do not feel the new Federal Reserve rules on credit card companies are strong enough. The senators say that even with the new rules going into effect on August 22nd, that consumers can still get hit with double or triple the interest rate when they fall behind on their payments. With the help of these senators, more protection would hopefully umbrella consumers from creditors.
And lastly, our fourth article gives helpful tips on how to finance college without taking on heaps of debt, and it emphasizes avoiding credit card debt in particular. From choosing a better fitted university in your budget, to getting help from the federal government, or seeking out the plethora of scholarships available to you – there are great suggestions. Don't believe that a credit card with high interest rates is the only way to get you through. There are various financing options for students out there, and you just have go out and seek them.
We appreciate your partnership and will continue to help your clients reach financial freedom!
Sincerely,
Your Debtmerica Relief Team
Credit Card Debt Getting Worse, Despite Numbers
All the latest numbers make it look like a success story. Credit card debt and delinquencies have declined in recent months, and experts hail these numbers as a sign that Americans are pulling themselves out of financial trouble.
Read More »
More Consumers Choosing Debt Settlement and Consolidation
More and more Americans are finding themselves deeply in debt and looking for a way out. They are turning in greater numbers to experts that can help them consolidate, manage or settle that debt.
Read More »
Two Senators Push for Greater Protection from the FED on Credit Card Debt
In recent months, many consumers may have found themselves hit with penalty rates and fees for a late payment, which has only added to their ever-mounting credit card debt. And while new Federal Reserve rules will soon be enacted to help alleviate the problem, two U.S. senators say they don't go far enough.
Read More »
How to Finance College Without Drowning in Debt
As any consumer who has tried to pay their own or someone else's way through higher education can attest, getting a degree is expensive.
Read More »
Credit Card Debt Relief Programs:
If you are experiencing a financial or personal hardship that is preventing you from paying your bills, please Read More »
Sunday, August 1, 2010
Give Your All for a BIG Return!
Last Sunday , Bro Bo started a new series which he aptly entitled T3: Talents , Treasure and Time.
He challenges us to give our all on this T3. I find it really inspiring and really compels me to give my 110% in all that I do. I look back a the times I have given my more than 100% and the results indeed are super.
And you know what? It applies to all aspects of our life. Be it our personal relationships, our job, our business, and our relationship with the LORD our God! .
The principle of giving , and the secret to abundance is the mindset of abundance and trust in the Lord. If we give, we create a vacuum, a space that will allow the Lord our God Almighty to fill up with His better and bigger blessings.
To who we should give first? Of course give the best part of our harvest first to the LORD who supplies all things... He actually do not need anything from us. He is just allowing us to open our hearts and palms as we give to receive more blessings from Him that all blessings come from.
Then we give to ourselves. We must reward ourselves first at least 20% of our "harvest", of what we earned. And we invest this to earn more by putting it into MUTUAL FUNDS, or STOCKS.
In the aspect of relationships , especially with my wife, it is really the secret formula to keep the marriage in super dooper condition for it will always be 100% complete even if one fails to give because both of us will be giving our 100% and there will always be a reserve in case one of us fails to contribute our 100%. "Ang galing"!
In our IMG business, giving our all means really going out, and be bold and strong in our proclamation of the good news in financial matters. We need to break the barriers of fear and disbelief in investing that plagued so many people. Filipinos in particular need to be moved and shaken to invest into MUTUAL FUNDS and STOCKS.
We indeed can be super rich in this endeavor both here on earth as it is in heaven... for we will be able to have more commissions which in turn we can use to help more people especially in Bro Bo's ministries.
Let's give our all and expect BIG Returns!
God bless us all!
He challenges us to give our all on this T3. I find it really inspiring and really compels me to give my 110% in all that I do. I look back a the times I have given my more than 100% and the results indeed are super.
And you know what? It applies to all aspects of our life. Be it our personal relationships, our job, our business, and our relationship with the LORD our God! .
The principle of giving , and the secret to abundance is the mindset of abundance and trust in the Lord. If we give, we create a vacuum, a space that will allow the Lord our God Almighty to fill up with His better and bigger blessings.
To who we should give first? Of course give the best part of our harvest first to the LORD who supplies all things... He actually do not need anything from us. He is just allowing us to open our hearts and palms as we give to receive more blessings from Him that all blessings come from.
Then we give to ourselves. We must reward ourselves first at least 20% of our "harvest", of what we earned. And we invest this to earn more by putting it into MUTUAL FUNDS, or STOCKS.
In the aspect of relationships , especially with my wife, it is really the secret formula to keep the marriage in super dooper condition for it will always be 100% complete even if one fails to give because both of us will be giving our 100% and there will always be a reserve in case one of us fails to contribute our 100%. "Ang galing"!
In our IMG business, giving our all means really going out, and be bold and strong in our proclamation of the good news in financial matters. We need to break the barriers of fear and disbelief in investing that plagued so many people. Filipinos in particular need to be moved and shaken to invest into MUTUAL FUNDS and STOCKS.
We indeed can be super rich in this endeavor both here on earth as it is in heaven... for we will be able to have more commissions which in turn we can use to help more people especially in Bro Bo's ministries.
Let's give our all and expect BIG Returns!
God bless us all!
Friday, July 16, 2010
Don’t Be An Army of One
Here is one reason why we build teams in IMG to be able to harness the full potential of our million peso business...
This one is again from T Harv Ecker, a well known author of the Millionaire's Mind... Read on...
"Can you make it on your own in business, and be outrageously successful? Heck yeah! Don’t let anybody tell you any different.
You get so much more done with teams, though, and the more people getting more done, the more fun it’s going to be. How fun would it be to play volleyball when it’s two of you against five people on the other side? What if you could have as many people on your side as possible if the rules allowed it? Would you do it?
In sports, there are strict rules to follow in terms of how many people are allowed on your team, on the field, or on the disabled list. In business, you can team up or manage or contract as many people as you see fit. For goodness sake, why would you want to go at riches alone?
Again, you can make it on your own. I made it on my own. The only distinction is to what level you can get rich on your own? In my experience, you can get a little past mediocrity and that’s about it. I’ve tried it several different ways, and trust me, putting a team together—especially as far as my own staff—is not my favorite thing in the world. But when it comes to what’s easier, it’s not even close.
If you want to get rich you will need help. You will need support. It’s a matter of energy. A lot of money takes a lot of energy! Will the wealth you want take the energy of one person, five, or 10, or 50 people?
At the beginning there’s a good chance you’ll have to do most everything yourself. However, the intention is not to just create a short term working income. The intention is for you to … say it with me … create passive income and increase the value and worth of your company!
Therefore you literally have no choice but to bring on people so the business can work without you and grow to its fullest potential.
I hear it all the time; a single business owner will say that they’re not sure that they can afford to hire an administrative assistant. Really? Once you’re up and running and have a little bit of a sales system going, you cannot afford not to hire one.
The idea is to use your strengths and delegate your weaknesses to someone else who is strong in that area. If you are handling the administration of the company and you could hand it off to somebody else—and double the time you have for marketing—what would that do to your bottom line? Even if you’re not the best at marketing and sales, lending a hand and focusing on getting and motivating the people who are good at it can make a big difference too.
Now it’s your turn! Tell me your stories of the power of having a great team, and what it’s meant to your energy level if not your bottom line. Next week we’ll talk further about the role of team in building a financial bank machine for your future convenience!" by: T Harv Ecker
In IMG, this is precisely what we teach and what we want our associates to achieve. Work with people, build teams so you can earn big money which in turn you can invest back to MUTUAL FUNDS and STOCKS which in turn would earn money you can again invest back to MUTUAL FUNDS and STOCKS.. in short build teams so you can earn big and create "automatic money machines" from the power of the team and not just one single person YOU... God bless!
This one is again from T Harv Ecker, a well known author of the Millionaire's Mind... Read on...
"Can you make it on your own in business, and be outrageously successful? Heck yeah! Don’t let anybody tell you any different.
You get so much more done with teams, though, and the more people getting more done, the more fun it’s going to be. How fun would it be to play volleyball when it’s two of you against five people on the other side? What if you could have as many people on your side as possible if the rules allowed it? Would you do it?
In sports, there are strict rules to follow in terms of how many people are allowed on your team, on the field, or on the disabled list. In business, you can team up or manage or contract as many people as you see fit. For goodness sake, why would you want to go at riches alone?
Again, you can make it on your own. I made it on my own. The only distinction is to what level you can get rich on your own? In my experience, you can get a little past mediocrity and that’s about it. I’ve tried it several different ways, and trust me, putting a team together—especially as far as my own staff—is not my favorite thing in the world. But when it comes to what’s easier, it’s not even close.
If you want to get rich you will need help. You will need support. It’s a matter of energy. A lot of money takes a lot of energy! Will the wealth you want take the energy of one person, five, or 10, or 50 people?
At the beginning there’s a good chance you’ll have to do most everything yourself. However, the intention is not to just create a short term working income. The intention is for you to … say it with me … create passive income and increase the value and worth of your company!
Therefore you literally have no choice but to bring on people so the business can work without you and grow to its fullest potential.
I hear it all the time; a single business owner will say that they’re not sure that they can afford to hire an administrative assistant. Really? Once you’re up and running and have a little bit of a sales system going, you cannot afford not to hire one.
The idea is to use your strengths and delegate your weaknesses to someone else who is strong in that area. If you are handling the administration of the company and you could hand it off to somebody else—and double the time you have for marketing—what would that do to your bottom line? Even if you’re not the best at marketing and sales, lending a hand and focusing on getting and motivating the people who are good at it can make a big difference too.
Now it’s your turn! Tell me your stories of the power of having a great team, and what it’s meant to your energy level if not your bottom line. Next week we’ll talk further about the role of team in building a financial bank machine for your future convenience!" by: T Harv Ecker
In IMG, this is precisely what we teach and what we want our associates to achieve. Work with people, build teams so you can earn big money which in turn you can invest back to MUTUAL FUNDS and STOCKS which in turn would earn money you can again invest back to MUTUAL FUNDS and STOCKS.. in short build teams so you can earn big and create "automatic money machines" from the power of the team and not just one single person YOU... God bless!
Monday, July 12, 2010
Re-Post from T Harv Ecker- "Price is Right"
"The names get called out, excited people jump out of their seats and clamber down the stairway; each time with that familiar voice screaming, “Come on down! You’re the next contestant on The Price Is Right!” Anybody who has been home sick from school, work or just had a day off within the last half 25 years knows what I’m talking about.
It’s too bad, though, that a lot of business people and entrepreneurs don’t realize the power of pricing within their success strategies. Their impulse is to sell more of something at a cheaper price under the pretense that people want cheaper products, yes?
True enough, but let’s take institutional brands like Wal-Mart or Home Depot. Who sells cheaper than them, and who competes? In our march to millions, we want to dream big but not start out swimming upstream against whales. Home Depot can lose money for years in a row but its owners will barely feel it. Most business people aren’t in that enviable position. If that were you in your business, you’d be feeling those losses alright.
Which is why as a growing or start-up business, you want to play where the big kids aren’t playing— niche markets with specialty products and/or services that certain people are willing to pay more for—certain qualities and customizations that you multiply but others aren’t doing. No matter what the economy, there are people out there who care about certain things and are willing to pay more for them because it matters to them.
Rich business people understand the true meaning of the Price is Right: they offer higher ticket items! Poor business people tend to offer low ticket items. People always think that if the item is cheap enough they’ll sell millions.
Don’t get me wrong. Selling $20 dollar items to one person at a time does make sense if that one person is buying 10,000 units off of you. Not saying everything you have has to be at a higher price, because sometimes it’s a good idea to have a lower price on some entry level products and then offer the higher pricing once they know and trust you.
Rich people who have the money just want that item! And here’s where it helps to understand a little bit of the money blueprint behind the dynamics of selling fewer for higher cost versus more for less. Most business people do not offer higher ticket items because their own self worth is low. Their price isn’t right with the intention of rich. Get the price higher and then increase the value, and get rich. Always deal with high volume buyers, not one on ones selling cheaper products. Don’t bother with that.
Ask Yourself this: What are some higher ticket products or services that other people in your industry might be offering that you might be able to add to your business? How do you make things special?
Now it’s your turn! Take this opportunity to share some of your insights on pricing. Are you having struggles with volume, or who can buy a lot of your product? Have you found any clues to selling less for more versus more and cheaper? The Million Mind community is that forum for like-minded visionaries to bounce ideas and suggestions."
By: T Harv Ecker
Tags: business, business system, Cost, creating a system, creating wealth, economy, financial foundation, financially free, growing your business, Growth, millions, money blueprint, money machines, pretense, products, rich, Right Price, start up business, successful businesses, upstream, Wealth, work on the business
IMG Business offers you opportunity to serve people with financial services products that are priced right that you do can sell just a few for big money, which in turn can be your investment money for your MUTUAL FUNDS and STOCKS....
It’s too bad, though, that a lot of business people and entrepreneurs don’t realize the power of pricing within their success strategies. Their impulse is to sell more of something at a cheaper price under the pretense that people want cheaper products, yes?
True enough, but let’s take institutional brands like Wal-Mart or Home Depot. Who sells cheaper than them, and who competes? In our march to millions, we want to dream big but not start out swimming upstream against whales. Home Depot can lose money for years in a row but its owners will barely feel it. Most business people aren’t in that enviable position. If that were you in your business, you’d be feeling those losses alright.
Which is why as a growing or start-up business, you want to play where the big kids aren’t playing— niche markets with specialty products and/or services that certain people are willing to pay more for—certain qualities and customizations that you multiply but others aren’t doing. No matter what the economy, there are people out there who care about certain things and are willing to pay more for them because it matters to them.
Rich business people understand the true meaning of the Price is Right: they offer higher ticket items! Poor business people tend to offer low ticket items. People always think that if the item is cheap enough they’ll sell millions.
Don’t get me wrong. Selling $20 dollar items to one person at a time does make sense if that one person is buying 10,000 units off of you. Not saying everything you have has to be at a higher price, because sometimes it’s a good idea to have a lower price on some entry level products and then offer the higher pricing once they know and trust you.
Rich people who have the money just want that item! And here’s where it helps to understand a little bit of the money blueprint behind the dynamics of selling fewer for higher cost versus more for less. Most business people do not offer higher ticket items because their own self worth is low. Their price isn’t right with the intention of rich. Get the price higher and then increase the value, and get rich. Always deal with high volume buyers, not one on ones selling cheaper products. Don’t bother with that.
Ask Yourself this: What are some higher ticket products or services that other people in your industry might be offering that you might be able to add to your business? How do you make things special?
Now it’s your turn! Take this opportunity to share some of your insights on pricing. Are you having struggles with volume, or who can buy a lot of your product? Have you found any clues to selling less for more versus more and cheaper? The Million Mind community is that forum for like-minded visionaries to bounce ideas and suggestions."
By: T Harv Ecker
Tags: business, business system, Cost, creating a system, creating wealth, economy, financial foundation, financially free, growing your business, Growth, millions, money blueprint, money machines, pretense, products, rich, Right Price, start up business, successful businesses, upstream, Wealth, work on the business
IMG Business offers you opportunity to serve people with financial services products that are priced right that you do can sell just a few for big money, which in turn can be your investment money for your MUTUAL FUNDS and STOCKS....
Monday, July 5, 2010
First Half 2010 Performance of Mutual Funds
Sharing 1st half performance of Mutual Funds...Most of what we carry in IMG are in the top list (First Metro, Philam Bond Funds Philequity Funds)...If you invested P100K in January in First Metro Save & learn Equity fund, your money would have been P123K end of June! That's 23% return!
How much is the return of your money in the bank??? You wont even earn more than 500Php.
Of course it's not always like this year after year..But on the average, MUTUAL FUNDS return has been between 15-18%% which is way above 12% that we use in our trainings. It comes as a surprise to a lot of people because they don't know that there are indeed a MUTUAL FUND investment vehicles giving 12% return.. mine was 30% last year and 16% for the first half!
The key though is regular, disciplined approach to investing in STOCKS and MUTUAL FUNDS to maximize the return of your money..but how can you do it if your monthly cash flow is not enough? That's where the IMG business opportunity comes in! By doing the IMG business -- which is sharing financial literacy and applying it (education plus application) -- you have the potential of earning extra income that you can invest into MUTUAL FUNDS and STOCKS!
Look how much your money will be if you invest P5000 and P10000 in MUTUAL FUNDS or STOCKS at 18% return for 10, 15, 20, 25, 30 years! It's P70M after 30 yrs for P5000 monthly investment and P141M after 30 yrs for P10000 monthly investment! You CAN DO it if you do the IMG business! Just spread JOS (Join-Own-Share)!
10Y 15Y 20Y 25Y 30Y
5000 5000 5000 5000 5000
18% 18% 18% 18% 18%
120 180 240 300 360
1.65M 4.53M 11.5M 28.7M 70.6M
10000 10000 10000 10000 10000
18% 18% 18% 18% 18%
120 180 240 300 360
3.31M 9.06M 23.1M 57.4M 141.1M
This is the secret to BUILDING WEALTH..Disciplined approach to investing! PAY YOURSELF FIRST every month when you receive your paycheck...Invest..invest..invest... into MUTUAL FUNDS and STOCKS...
Maximize your IMG membership..You are already your own broker/dealer. Continue to educate yourself and apply it through our product providers. Get the commission and reinvest it!
If you want to know more...drop me an email or respond to this blog and will gladly be of assistance to your needs.
God bless!
How much is the return of your money in the bank??? You wont even earn more than 500Php.
Of course it's not always like this year after year..But on the average, MUTUAL FUNDS return has been between 15-18%% which is way above 12% that we use in our trainings. It comes as a surprise to a lot of people because they don't know that there are indeed a MUTUAL FUND investment vehicles giving 12% return.. mine was 30% last year and 16% for the first half!
The key though is regular, disciplined approach to investing in STOCKS and MUTUAL FUNDS to maximize the return of your money..but how can you do it if your monthly cash flow is not enough? That's where the IMG business opportunity comes in! By doing the IMG business -- which is sharing financial literacy and applying it (education plus application) -- you have the potential of earning extra income that you can invest into MUTUAL FUNDS and STOCKS!
Look how much your money will be if you invest P5000 and P10000 in MUTUAL FUNDS or STOCKS at 18% return for 10, 15, 20, 25, 30 years! It's P70M after 30 yrs for P5000 monthly investment and P141M after 30 yrs for P10000 monthly investment! You CAN DO it if you do the IMG business! Just spread JOS (Join-Own-Share)!
10Y 15Y 20Y 25Y 30Y
5000 5000 5000 5000 5000
18% 18% 18% 18% 18%
120 180 240 300 360
1.65M 4.53M 11.5M 28.7M 70.6M
10000 10000 10000 10000 10000
18% 18% 18% 18% 18%
120 180 240 300 360
3.31M 9.06M 23.1M 57.4M 141.1M
This is the secret to BUILDING WEALTH..Disciplined approach to investing! PAY YOURSELF FIRST every month when you receive your paycheck...Invest..invest..invest... into MUTUAL FUNDS and STOCKS...
Maximize your IMG membership..You are already your own broker/dealer. Continue to educate yourself and apply it through our product providers. Get the commission and reinvest it!
If you want to know more...drop me an email or respond to this blog and will gladly be of assistance to your needs.
God bless!
Thursday, July 1, 2010
Cash Flow of Rich versus Poor
Managing your Cash Flow properly will make you rich.
To make is easier to grasp what is your cash flow, you simply need to know how much is the money that comes into you ,and know also what comes out from you.
If what comes out is more than what comes in, then you are actually cash flow negative. This means trouble. You will be depleting your savings if you have any, or worse, your debts will balloon.
Our goal must be to have a positive cash flow which in turn must be invested to STOCKS and MUTUAL FUNDS which will generate more cash to add to the income.
Cash flow negative is like a pail with holes being filled up. The water that comes into the pail is the income, while the water that comes out of the holes are the expenses. If the inflow of water is less than the outflow in the holes, the pail will never be filled up, thus cash flow negative. Result... you'll never have water in pail.... you'll be poor.
Most people who are poor are like owners of the pail with holes. Instead of plugging the holes, the poor continually drills additional hole in their pail thus, creating more holes where the water will come out faster than the water that gets in. Thus, ending up poorer in the process.
On the other hand, the rich also owns the same pail of water with holes, however, instead of drilling additional holes, the rich finds another source of water to fill the pail faster.
The poor spends more money to deplete his income faster- more holes into his pail, while the rich invest more money on MUTUAL FUNDS and STOCKS to generate more money- more faucets to fill up his pail.
The poor spends money on liabilities which pulls more money from his pocket, while the rich invest more money on assets that in turn puts more money into his pocket. That is the differentiators between cash flow of rich and poor.
Which one are you?
God bless!
To make is easier to grasp what is your cash flow, you simply need to know how much is the money that comes into you ,and know also what comes out from you.
If what comes out is more than what comes in, then you are actually cash flow negative. This means trouble. You will be depleting your savings if you have any, or worse, your debts will balloon.
Our goal must be to have a positive cash flow which in turn must be invested to STOCKS and MUTUAL FUNDS which will generate more cash to add to the income.
Cash flow negative is like a pail with holes being filled up. The water that comes into the pail is the income, while the water that comes out of the holes are the expenses. If the inflow of water is less than the outflow in the holes, the pail will never be filled up, thus cash flow negative. Result... you'll never have water in pail.... you'll be poor.
Most people who are poor are like owners of the pail with holes. Instead of plugging the holes, the poor continually drills additional hole in their pail thus, creating more holes where the water will come out faster than the water that gets in. Thus, ending up poorer in the process.
On the other hand, the rich also owns the same pail of water with holes, however, instead of drilling additional holes, the rich finds another source of water to fill the pail faster.
The poor spends more money to deplete his income faster- more holes into his pail, while the rich invest more money on MUTUAL FUNDS and STOCKS to generate more money- more faucets to fill up his pail.
The poor spends money on liabilities which pulls more money from his pocket, while the rich invest more money on assets that in turn puts more money into his pocket. That is the differentiators between cash flow of rich and poor.
Which one are you?
God bless!
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