How Did Bo Sanchez’ Maid Became Successful In The Stock Market?
When I read Truly Rich Club's Stock Update last April 7, 2016 just recently, it became clearer how his maid, Gina, became successful. The secret on how she built her ₱800,000+ stock portfolio is that she's increased her investments from ₱2,000 to ₱7,000 a month in a span of six years.
This also the reason why she became famous and an inspiration within the Truly Rich Club.
When I think about it, she must have been a high-salaried maid to invest such amount but apparently, she's not. She started as a maid when she was just around 18 years old high school graduate from Dumaguete and later became Bo's bookkeeper.
Here's the short story.
According to Bro. Bo, Gina wanted to really study college. So she enrolled in a correspondence school with his help so that she could work as his maid and study at the same time. It was this time that she started investing on stocks at ₱2,000 a month.
After she graduated four years later, she was hired by Bo himself to become his Bookkeeper. When she got hired for the new position, she now started to receive a higher salary and with that, she started investing more.
At first, it was just around ₱2,000. Then she increased it to ₱4,000... then ₱5,000... Now, she's already capable of investing ₱7,000 a month.
Not only that, every time she receives her mid-year and Christmas bonuses, she invests it all.. And she did it consistently. No wonder she amassed that kind of wealth in just six years. That's two bonuses received in a year, and all goes to her stock investments.
Most people can't do it because a lot of us think the opposite. More money means more expenses. For her, more money means more investments.
I realized that if she can do it, then there's no reason why I can't.
Gina Is Truly An Inspiration
It really inspires me when I think about Gina. It inspires me and challenges me to the point that I now wanted to surpass what she's achieved.
If she can do it, then there's no reason why all of us can't.
Now, if she's investing ₱7,000 a month, we need to at least save and invest that kind of amount to be able to surpass her portfolio in the least amount of time.
Is your present salary not enough because of bills and other liabilities? If so, then you need to increase your monthly income so that you wouldn't have to sacrifice the quality of your living.
To do that, you can do two things;
If you're not ready to look for a higher paying job for now, then use your downtime to look for passive income opportunities.
This is what I've been doing for the last month.
The reason I chose to go this route is because of time freedom. I don't want to spend my whole life working and I don't want to spend stressing myself in managing businesses that are not on autopilot.
By having a steady stream of passive income, you can use that money to buy more stocks so that you could build a massive stock portfolio without ever needing to find a high paying job.
Invest More To Retire Early
The lesson I learned is this; to become successful in the least amount of time possible, you need to increase the amount you're investing. To do that, you need to increase your income fast!
You can be financially free by just saving ₱2,000 a month but that will happen maybe twenty to thirty years from now.
But if you invest 5x more, then maybe, you can retire within ten to fifteen years from now.
The bottom line is this; the sooner you invest more, the faster you'll retire financially free.
So the next time I receive a large bonus, overtime salary or when I get a salary increase, I'll think of Gina as my inspiration.
Your Action Plan
Now how about you? What's your action plan? But before you answer that, Ask these questions to yourself:
What that said, I hope you now possess the wisdom to know the right answers to these questions so that you may obtain success just like Gina the Maid did.
P.S. Gina invested in the stock market by following TRC's Strategic Averaging Method. Now, her story is now in a book and you can get it for FREE! You just need to pay for the shipping costs. Click here to grab your copy.
P.S.S. If you want to learn how to invest in the stock market with the guidance of Truly Rich Club, comment below "I want to learn on how to invest in stock market."