My Quest to Financial Literacy

        My baptism in the arena of financial literacy so to speak started sometime 4th quarter of 2011, when I got hold a book entitled 8 Secrets of Truly Rich by Bo Sanchez. On the same book I’ve learned the need to expand the so-called psychological wallet. Knowing terms such as exponential and passive income are best compared to an active one. However, aforementioned book in its totality has thought me to think differently in the perspective of utilizing material things to uplift my spiritual existence.

        Financial literacy is paramount affair for man to take while traversing and attaining the dreams of his life. I subscribed that financial literacy cannot be obtained through formal schooling. So without delay, I embarked on a journey towards financial literacy, simply means reading books that would introduce me to personal finance, growth & development.

        As said by those successful in their field of endeavors, in order for one to be in the line and ranks of triumphant fellow requires the same to read materials of value such as book and/or eBooks, listening audio. Reading materials geared towards strategies with the end view and objective to escape the rat race.

        Then on, I was lucky enough to have a neighbor, who owned numerous titles of financial and motivational books. The 1st and 2nd quarters of 2012, were then inadvertently spent readings those materials and navigated unto websites of interest. I read and re-read without entertaining that I already finished the Rich dad Poor Dad by Robert Kiyosaki to include his Cash Flow Quadrant book. Worth mentioning the book entitled The Magic of Thinking Big, and also Napoleon Hill’s books. I engrossed in obtaining significant input from readings books endowed with strategic value.

        In gradual fashion, the readings I have had naturally assimilated centering on the unity of my mind and     body, which simply means to put those reading inputs into action project/s. To say the least, a kind of business project that the system and money will in either situation handles the works all for you and me. In this juncture, my readings paid off, I convinced my dearly wife to invest at the stock market via online investment tapping Col Financial Group, Inc at www.colfinancial.com to serve as our online broker. I was then confident because my neighbor, the owner of http://www.stockmarketladder.blogspot.com invested years ago. Together with his wife, they shared on their experienced over online stock investment, and introduced the aforementioned online stock broker.

         My neighbor, Jessie & Eve provided input about peso cost averaging in stock market investment and the importance to have a mentor.  A mentor who will provide the investor in simplest terms possible on what stock and company to invest in, and will also provide alert message via email on when to sell previously owned stock and what stocks to buy in. The informal briefing led me on to the Truly Rich Club of Bro. Bo Sanchez.  

         To give meaning and effect of the readings I indulged in also with the wholehearted mentorship of http://www.stockmarektladder.blogspot.com  and with the concurrence of my dearly wife, I engaged the services of www.colfinancial.com sometime June 2012 as my online stock broker. And with the strategic input of Bo Sanchez on Strategic Averaging Method (SAM) or otherwise termed the Peso Cost Averaging through the Truly Rich Club I selected the stocks of great companies listed at the Philippine Stock Exchange (PSE).

         Honestly, I just started with a minimum investment of P5, 000.00 which every month thereafter I invested in, which situation I became a virtual business owner. Since then, I relocated myself to generate multiple streams of income, and I preferred the passive one.

         Talking with earning passive income, my online friend and a mentor Manny Viloria, who runs www.viloria.net  shared considerable informative strategies relative on generating passive online income . You can navigate at the links provided and thereat plug-in yourself.

         In sum, in the event you have some sort of queries vis-à-vis financial literacy, and with respect on the online stock investment, I am most willing to share input based on my actual experienced over my humble tools at http://www.barelylegalphilippines.blogspot.com and/or email me at tan.hayjie@gmail.com whereby free eBooks awaits! Remember that “the illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn”.

         Let me end by sharing with you this insight from Robert Kiyosaki's lecture on the New Rules of Money. 

             For Your Success! 
               Jay M. Tan

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