Get Wealthy In

I didn’t noticed that I got two (2) unclaimed checks already from my sideline job as a broker of IMG (International Marketing Group).  I got my 1st check last June and from that, I started to get encouraged to work hard (but not really trying hard) as this passive income will sort of level to my active income from being a call center agent! At this point, my salary from my nocturnal job still pays good. But if you have all sorts of passive income like google adsense, stocks investments, brokerage, freelancing and etc. which I all have, isn’t it just amazing that when you aggregate your earnings from these income, it’s even more than my active income (salary)?!  So it means, I’m receiving double!

My previous articles stated ways to save money! Like, I did all learn about this financial education stuff when I joined IMG, April of this year! It’s when I started to know about the Rule of 72, Stock Investments, Healthcare, Insurance, Mutual Funds, Savings, Passive Income which I find it really helpful and important if you want to be wealthy! And yes, I’m so thankful that IMG is able to enlighthen me on that!

My dad has been a broker of IMG since 1997 and at that time, I was in high school then. He tried to convince me to join him but I just said a big NO. Later that I realize, when I’m already working, I came across that I have to really do something good for money. Like,  I have to save it where it could give me double or tripple or more interest of my money than saving it in a bank.

Yes, it took 8 years for me to realize that! And my dad just give me the freedom to choose to do what I want. Now, he is happy. I became a broker of IMG which is just a part time money venture for me but I consider it as an income generating which I would like to share with my fellow Filipinos.

What is IMG?

International Marketing Group is one of the few companies of its kind in the industry today – a marketing company that is dedicated to serving the financial needs of individuals and families from all walks of life.

International Marketing Group’s independent associates do not just work with clients who have large amounts of discretionary income – instead they work with everyday people helping them make critical financial decisions that help move them from where they are to where they want to be.

International Marketing Group is one of the biggest and fastest growing financial distribution companies in the US, Canada, Taiwan, Hongkong, Philippines and going worldwide. IMG has established agreements with many of the world’s leading financial services companies to provide us a broad array of financial products & services. IMG will help you comply accreditation and licensing requirement of all its Product Provider Companies. Multiple companies (Multiple products) will help you get the best product…Best service … Highest Rate Of Return…. Diversify investments, etc.
Read more…

What Earning potentials can IMG provide?

IMG offers an excellent income opportunity, whether you’re looking at the business as a twin career or a full-time commitment. With IMG’s attractive compensation package, you can also take advantage of a number of incentives, including renewals, as well as participation in bonus pools and stock programs.

Read more…

Who are our Business Partners/Providers?

These are the companies who give exclusive rights to IMG as their official broker to transact business in behalf of them. And these are:

• Kaiser Intenational
• Cocolife (a subsidiary of San Miguel Corp)
• Grepalife
• Generali Pilipinas (owned by Henry Sy)
• Phil Equity Management Inc.
• Ayala Land
• Crown Asia

Are our providers big time? Yes, in deed! Visit here for more of our providers!

Interested?

I’m currently based here in Cebu. Our IMG office is at Lahug and FGU tower in Ayala. But if you want to know about having a good business, passive income, and being a broker, just email me at admin@thegetwealthy.com or text me thru 09239776792 or simply leave your infos here and I will get back to you the soonest time.

I got this Ten (10) Principles of Investing from Freeinvestmentreport.com. I would like to share it. This is one way to condition our minds in terms of stock investing. Hope this helps!

1. 1. Start investing now. You could be getting better returns on your money today to prepare yourself financially for your future.
2. 2. Make a financial plan. You must know what your goals are to be a successful investor.
3. 3. Do not follow the crowd. When investing, do what the wealthy do and look for opportunities to get in before the masses.
4. 4. Don’t overpay for stocks simply because the companies behind them are large and well known. Too many large companies are overvalued, and their prices will eventually fall back to earth.
5. 5. Have patience when investing. Wait for the right time to enter and exit your trades.
6. 6. Research, research, research. And if you can’t do your own research, seek advice from experienced professionals who specialize in the markets.
7. 7.Remember that all big companies were once small companies. Look for high-potential opportunities in the micro cap and small cap sectors.
8. 8. Be cautious when investing borrowed money. Your investments can fluctuate in value, whereas the money you borrow must be paid back in full.
9. 9. Don’t put all your money in one place. To protect yourself, make certain your portfolio is diversified across a number of unrelated financial instruments.
10. 10. If necessary, close out losings investments to cut your losses. Stocks do not always bounce back.

Entry Credit: http://www.freeinvestmentreport.com

Will you feel good if you bought something like a desired gadget out from your passive income? Like not taking it from your main source of income like from your salary if you’re an employee or sales if you own a business? Definitely, your  answer might be a big YES! Why not? Did I say, Google Adsense and Stock Investments in the title? I would like to share this experience of mine for you to be inspired (maybe, it helps).  lol

Because of blogging thru Google Adsense, I was able to buy my new ASUS EEE 1000HE netbook! I used my first google adsense earnings and my profits from what I gained in my Stock Investments. These are all from my passive incomes. What do I mean by this? Instead of using my basic salary to buy my desired gadget, or saving it in the bank, a portion of it or like all of it was invested in the stock market! Come to the point, that I see a signal in profit-taking, I sold my shares of course at a gain and the proceeds (just the gain), I used it to buy what I want. So, my basic salary is remained untouched but instead, it generated interest and is used to buy those needs and wants of mine. Whew! At least, because of the very basic knowledge in investing, I learn how to value money. It’s money generating another money!

What’s the role of Google Adsense then?

Last month, I received my first Google Adsense earnings and this is from my blogging stuff.  I was able to treat my friends for some sumptuous meal! It pays to really celebrate when these boon things in life come! For good luck and more to come, actually! A portion of it, I used to add it to buy my new ASUS EEE 1000HE netbook. So I did use all my passive income sources to buy it. Google Adsense and Stock Investment gains for the netbook.

How to have a PASSIVE Income?

For now, I will say:

1. Go blogging thru Google Adsense.
2. Stock Investments thru profits.

Although, there are lots of ways to earn passive income thru blogging aside for Google Adsense, you may use your site to give paid reviews on products and services, internet marketing, and etc.

Don’t know how to start with Stock Investing?  Please read the articles and visit my site link: Get Started. Or you may jump in for Stock Trading Online.

Whom to do you think is the wealthiest pinoy as of today? In August 2009, Forbes Magazine released its list of The Philippines’ 40 Richest released this August 2009. Now, it’s time to check who these wealthiest Pinoy are! Let’s check the top 10 Richest Filipinos:

1. Henry Sy

Networth: $3.8 billion
Age: 84
Marital Status: Married, 6 children

Business: Investments in SM and Banco de Oro Unibank

2. Lucio Tan

Networth: $1.7 billion
Age: 75
Marital Status: Married, 6 children

Business: Fortune Tobacco, Asia Brewery, Philippine Airlines and Hong Kong properties

3. Jaime Zobel de Ayala

Networth: $1.2 billion
Age: 75
Marital Status: Married, 7 children

Business: Chairman emeritus of family’s Ayala Corp

4. Andrew Tan

Networth: $850 million
Age: 57
Marital Status: Married, 4 children

Business: Megaworld, Philippines’ McDonald’s franchise, Alliance Global Group

5. John Gokongwei

Networth: $720 million
Age: 82
Marital Status: Married, 6 children

Business: Shares of his conglomerate JG Summit, Robinsons retail department store operation

6. Tony Tan Caktiong

Networth: $710 million
Age: 59
Marital Status: Married, 3 children

Business: Jollibee Foods

7. Eduardo Cojuangco Jr.

Networth: $660 million
Age: 74
Marital Status: Married, 4 children

Business: Chief executive of Southeast Asia’s largest food and beverage conglomerate, San Miguel.

8. Enrique Razon

Networth: $620 million
Age: 49
Marital Status: Married, 2 children

Business: International Container Terminal Services, National Grid Corp. of the Philippines.

9. Manuel Villar

Networth: $530 million
Age: 59

Marital Status: Married, 3 children

Business: Vista Land & Lifescapes and Polar Property Holdings

10. George Ty

Networth: $515 million
Age: 76
Marital Status: Married, 5 children

Business: Metrobank

There you have the top 10 Richest/Wealthiest Filipino as of 2009! Do you dream to become one of them? Like a millionaire perhaps? Well, all we need to do is to ACT to be one.

If you want to read more, please visit, Pinoymoneytalk.com

The Philippine Stock Exchange (PSE) approved in August 2009 rules to exempt certain stocks from the price trading band or the limit in the increases or decreases of stock prices within the day.

Trading band: Max 50% price increase; max 40% price decrease

Stocks traded on the PSE currently have a limit of 50% in terms of price increases (price ceiling) and 40% in price decreases (price floor). This trading band is supposedly installed to protect investors from price volatility.

With the August 26 memorandum, the PSE agreed to lift the trading band in the following scenarios:

1. When trading resumes for securities that have been suspended for a period of one year or more;
2. When the Exchange determines that: (a) there has been an event or occurrence that may cause the price of the security to change drastically; or (b) the application of the trading band on the price may render impractical the trading of the security upon prior notice by the Exchange as may be warranted under the circumstances.

Stockbrokers see a benefit to the trading band exemption primarily with regard to the first scenario because, according to them, a stock suspended for more than a year will have to catch up with its fair market value upon resumption of trading.

Read more at pinoymoneytalk.com

The featured article below would help those confuse people who got the money to invest but don’t know or have any idea on where to put it or perhaps just reluctant in finding the safest way to invest.
Take the query below as well as the answer to Edwin’s question.

Q: What’s the best way to save these days? I am expecting a big amount of money to come from the sale of a lot we’ve had in the family for a long time. With the global economic crisis affecting our economy, I want to play it safe yet grow my money. – Edwin

A: It’s good that you are thinking of protecting your money (your capital) by investing the proceeds from the sale of your lot. Investing your money may make it grow over time.

Understand, though, that with investing comes risks and rewards. If you want your investment to grow and yield higher possible returns on your investment, be prepared to meet setbacks and losses if they happen. Investments that yield higher returns come with higher risks such as heavy losses, as what stock market investors have realized last year at the height of the global financial crisis. Investments that have low risks may more or less safeguard your capital but give you low rewards as well (low interest income or minimal capital gains).

Bank deposits and government securities may offer you relatively safe investment options.

Bank deposits take the form of savings accounts, interest-bearing checking accounts, and time deposits. You deposit your cash in the bank and you get interest back after a month or so. While this may seem to be safe and will preserve your investment, this may not actually be the case as inflation may eat into your investment.

The current rate for savings accounts, for instance, is about 0.75 percent per annum. The inflation rate is way higher than that, which means that the growth to be yielded by your investment in a savings account will be overtaken by the rise in prices of commodities.

Time deposits may give better rates, but still may not be enough to match the cost of inflation. You may need to keep your money on deposit for a longer term to achieve a higher rate of return.

As “The Citibank Guide to Building Personal Wealth” (a book published by Citibank) says, “Inflation is a major risk if you hold large sums of cash permanently, because it reduces the buying power of cash.” Put simply, inflation may erode the value of your investments over time.

We mentioned government securities above. These come in the form of treasury bills, treasury notes, and treasury bonds. Bills have the shorter term (less than a year), and bonds have the longest term. Government securities are generally low risk since the government guarantees to meet its obligations and pay the published interest rate.

But since you mentioned that you want to grow your money, it may be wise to look into other forms of investment as well to achieve your goals:

1. Stocks or equities may give you high possible returns over the long term, but these come with high risk, which you don’t seem to want to assume at this time.
2. Bonds may also give you good rates of return, but these also come with some form of risk, although lower than that of stocks.
3. Pooled funds come in the form of mutual funds or unit investment trust funds (UITFs) and depending on their nature may be invested in stocks alone, bonds alone, money market funds (government securities and commercial papers), or a combination of these.

To keep your money safe and make it grow at the same time, we advise that you do what wise investors have been doing all along: Diversify! Keep some funds in bank deposits, some in government securities, and some in pooled funds. Since you may have other financial goals and may have a timetable in needing your funds later on (example, for retirement), we advise that you consult a financial professional who will assess your risk profile and suggest the best possible allocation of your investments.

You may also invest your money in tangible assets such as real estate property. However, market values fluctuate over time, so be prepared for any eventuality. Investing in a business also comes with a high risk as not all businesses realize income. Jewelry and art are also forms of investment, but bear in mind that it may take a while for their value to increase. Converting them to cash may also take a longer time should you find the need to do so.

Whatever investments you go into, study all aspects thoroughly. Look into the pros and cons before deciding. We wish you the best.
Entry Credit: http://business.inquirer.net/

*Disclaimer: Those who happened to read the article above are solely responsible for their own investment decisions and should consult professional advice from financial experts or analysts.Thegetwealthy.com will not be liable for any loss or damage caused by a reader’s reliance on information obtained from our web site. Thegetwealthy.com receives no compensation of any kind from companies or industries or funds that are mentioned above.

September 01, 2009-The 2010 Presidential Election in the Philippines in near and one of the most profitable and attractive stocks to invest as of this moment as in NOW are the shares from two  of our largest TV networks, GMA7 and ABS-CBN (ABSP).

According to bworldonline.com, political ads of aspiring presidentiables for the 2010 elections help boosts profits for these networks especially GMA7 that expects to exceed target of P2.8-billion of net income by the end of the year. GMA7 shares is selling at P7.70 apiece last Friday. It’s a good buy right now while the price is still ranging from P7.20 to P7.70. Target to get more shares and earn dividends! If you plan to sell it, make sure it will be a few days from the day of the election itself. Target to sell it P12 or P15! That is like 40% profit-taking (soon in 2010).

Grab this opportunity now to buy GMA7 shares at P7.60 or ABSP shares at P31.50.

GMA7 shares:

30-day is P8.0, 30-day low is P6.1

Board lot is 1000 shares

ABSP shares :

30-day high is P32.50, 30-day low is P21.0

Board lot is 100 shares

Happy Trading!

-Bullish Trader