The last D in Investing: Discipline

We may have the literacy but if we do not have the Discipline we won't be successful in investing. The execution in consistent monthly investing specially in the beginning is the major challenge we face. Fely and I had to re-program ourselves from the habit of spending to the habit of investing. We find it so easy to spend but so difficult to invest. I have seen the same struggle for most specially the young professionals who have just started with their career and had their first taste of having income.

Discipline is something Fely and I have to personally develop. This is not something that can be taught nor be coached. It must come from within. And we were able to develop this habit of investing by consistently investing monthly until the habit is formed, and investing became automatically a discipline.

Happy Investing.

God bless us all!

Divesify

With the Directions defined we need to make sure we diversify. We must not place our investments in just one vehicle. The proverbial saying: "do not put your eggs in one basket". Our next step is to find appropriate investment vehicles for each of our goals. Fely and I classified our goals first into short term, medium term and long term. Short term are goals within one year, medium term is about 5 years and more than that we consider long term.

We then allocated amounts for each of the goals we set. For example, we saw the need for long term healthcare. We then calculated based on our current need how much we will be needing 15 years from now. We also calculated how much daily, monthly, annual expenses we will have based on our desired lifestyle 10 years from now. We factor in a 7% inflation rate to make our goals more aggressive. We did this calculations for each of our major investment goals.

Then we selected the appropriate investment vehicles for each of our need. We use short term investment instruments for short term goal and long term investment instruments for long term goals. By this process alone, we already have diversified our investments. We have placed our investments in different investment vehicles appropriate for the term we will use it and risk return factors.

This is the beauty of having literacy. We know what instruments we can use for each of our investment needs. We encourage those who just invest on one instrument like real state, or even on gold, or cars, or what they just know as investment to make sure they seek out directions from those who are in the know and who have genuine intention in helping them properly manage their investments.

Contact us if you need to know how to diversify safely and appropriately so you can achieve your goals.....

God bless!

Direction in Investing

The first of the 3D: Direction

I like comparing investing or growing money to going to Baguio. Baguio is the destination, but there are many ways and many vehicles to use to get there. But certainly, the only way you can get there is if you have the right direction. If you are in Manila and going to Baguio, you should travel to the direction generally northwards. Even if you ride a plane which could get you there, if you veer towards the south, you wont get there. I believe you got the point.

So the first thing we did was to define our investment direction. And by direction, my true compass tells me I must define my purpose for investing. Fely and I were doing investing in the past but it was definitely directionless. "Masabi lang na may investment" (just to have the esteem of being an investor). We buy properties, invest on stocks both local and abroad, and we buy things we thought is investing. We invested on business we do not even know.

Now, we know better for we have great coaches. We defined how much and when and what for do we invest for. Example of this is to have our long term healthcare protection of 1.2M Php by 2022 for the whole family. Another is to have 200K Php per month investment income generation by 2017.

To get to our desired destination, we got to have someone direct us to it. The best person will be someone who had been there. We can get to our destination by ourselves, but we may get lost somewhere. It is going to be easier, and less costly, and you can guarantee success if you have someone to direct your steps.

You want to learn more about this...contact us for coaching...We will surely help you define your own Investment Direction...

God Bless!

3D in Investing...

It's been a long while since I promised to share on this blogspot about 3D’s of Investing….3D's that Fely and I have in INVESTING: Direction, Diversification, Discipline....

DIRECTION- We learned what we are getting into by having somebody coach us or direct, then we ourselves studied and learn so we can direct ourselves... 

DIVERSIFICATION- then Fely and I made sure we do not put all your eggs in one basket...we have made sure we have proper allocations for each of the important financial goals with appropriate financial instruments... 

DISCIPLINE - and to be successful, we must do it consistently with the right mindset and attitude of a disciplined investor... and to make it more meaningful and enforced, we went on a mission to share what we do to someone or many others to duplicate or emulate what we do!

This is what we learned and continually do in IMG !....

We invite you to do the SAME.

And the best thing is that if you do it with IMG, you can DO IT ON LINE and with ZERO LOAD FEE! In other words, you don't pay any ENTRY FEE!

Join us. Register HERE: http://6020hf.imgcorp.com. Automatically you enjoy a starting INVESTMENT of 1000 pesos in SOLDIVO FUNDS. On top of that you enjoy AMAZING BENEFITS.

Email me at richbenj.santiago@gmail.com for more information and training.

Stocks Update Live!

Stocks Update live

Edward Lee, COL Financials

The most basic is to SAVE to be truly rich.

Money invested today will go a long way.

Real property in Ayala grew 1:4 but the stocks of Ayala went from 1:21

What we need is to believe in

- compounding interest

- stocks equities outperforms everything

- risk issue is high

When you invest, whether direct stocks or mutual funds, put it all on Equities

The formula that will save you is the PESO COST AVERAGING specially if you are a beginner

Buy those that pays dividends...BPI, JGS, SM, etc.

Without proper education you will lose a lot of money

The Philippines is ripe for bullish trend... We only have 500,000 investors out of 100M+ Filipinos.

There are only two kinds of failures:

Thinking without action, and

Action without thinking!

What is the secret of success. It is really time!

SO start NOW, and JOIN IMG!

Contact me at richbenj.santiago@gmail.com

The ABCs of Successful Business!

"If you want to succeed in business you need to know and be the A B C.

A-ction Oriented

B- old

C- reative"

Dean Pax Lapid

"ACTION ORIENTED- In business there are also 3S: Struggle, Success, Significance. In your Struggles there are "3S" you need to do. Seeking Opportunity, Sizing it, and Seizing it.

Wannabees are wanting they do not move but just dream or wish. Entreps are committed. They ACT.

Challenge question: is luck necessary to succeed in business? Not really. What are needed are PREPAREDNESS and OPPORTUNITY.

Kaplan Norton recommends that we Describe, Measure or Manage, and Multiply business to be successful. (Exactly what we do in IMG)

Stages in business building: create business idea, do the business plans, do product development , and finally market testing before the commercialization.

In marketing, we must retain customers, create new ones, and create a niche.

3 Questions:

Who are you as the venture? Describe. Ex. Rice topping serving hospitals

What is your promise? To be the best and healthiest

How will you deliver? Not just about being cheap or fast.

BOLD- thinks beyond the comfort zone. Consistently sustainable. Entrepreneurs expand the market. From restaurant business to food service to hospital industry. Entrepreneurs identify models that will make more money..

The supply chain: Producers> Warehouse> Distribution> Wholesaler Traders> Retailer

You identify which part of the chain you will be in.

Be Bold- prepared and committed.

CREATIVE in PRODUCT AND MARKET- Entrepreneurs see the extraordinary in the middle of the ordinary. Creative challenge moves from perspiration to inspiration. From competence to serendipity (accidental discovery).

Entreps turn irritation to business opportunity. From "inis to business". Ex. Smoke and dust from riding jeeps led to business of vans.

Great challenge- successful business opportunity.

Only when it is anchored on a product or services that creates value for its customers. The greater fit, the greater the value.

What are the opportunity areas:

Changes in environment. Climate change. Going green.

Innovation

Someone's problems

Better than copy

Nothing is perfect everything is evolving. So grab opportunity when you are semi ready.

It is not about timing but of direction."

Today in the midst of a Pandemic, these ABCs , IMG has ACTED and is Prepared to make the Adaptive changes ahead of the actual need. We had been in the ONLINE Business even before the Pandemic struck. And our products continuous to be the "needs" and the "solution" to problems of many. We are lucky and prepared!

Join us NOW!

Check this out https://6020hf.imgcorp.com

Register here for more information https://6020hf.30m2030.com/optin

Benj Santiago

https://bit.ly/TheTrulyRichMakers

#TrulyRichMakers

#Debtdestroyers

#FinancialEducation

How to be REMARKABLE!

Bo Sanchez

How to be Remarkable

"Many changes has happened all around us that before, to be remarkable you need just advertising. You simply invent a product that people want, make a big media advertisement, and you can make big money! But now, advertising alone no longer work. It is too noisy. Instead, people are trusting their friends for advise. Not so much the advertisements. The problem today is that there are too much noise and people are too busy. So what should we do to be remarkable?

So are our business remarkable of invisible? So remarkable that marketing is the product itself.

The opposite of remarkable is very good. A little bit better and a little bit cheaper is boring! You have to strive to be remarkable. And the key to becoming remarkable:

You must design a product that is remarkable enough to attract the early adapters.

Find out what is your "otaku" (obsession). Unless you have passion for your product it will be difficult to make it remarkable.

Focus on your "sneezers" and ignore the rest.

Being safe is risky because safe is boring.

If you are not being criticized then you are not remarkable.

What was remarkable before is no longer remarkable now. The price of wow keeps on rising.

Focus on relationships. Relationships lasts... products don't. Establish your relationships with your innovators and early "adaptors".

When you harvest make sure you save seeds for your next planting.

While your product is remarkable, earn as much as you can. Because it wont last. And put your earnings in R&D for the next remarkable product."

These qualities of being remarkable I find in IMG.... whoooosh!!!!

Join us NOW!