DO YOU FEEL STUCK IN YOUR FINANCIAL LIFE?
Are you just living from paycheck to paycheck? Have you been working hard, but still don’t have decent savings?
Are you stuck in an endless cycle of “work, pay the bills, pay debts, pay everyone but yourself”?
If you answered a resounding “YES!” to all these questions,
then this message is for YOU. Continue reading Start the Financial Revolution in Your Life Today
Tag: truly rich club
True Change is Coming…
I have been very busy for the past several weeks as I am currently working on our second house project in Lipa City which we hope will be done within this month. Watch out for it as we will be selling it at a premium price. The location is very cool and close to nature! That’s the reason I have fewer speaking engagements and coming out with even fewer articles in this blog.
Here’s a preview of our house project which will be available for bidding/selling soon! Our decision to dabble in real estate business is a welcome change. 🙂
Meanwhile, there is another true change that is coming to town. And this viral video of Bo Sanchez will give a preview of that!
This video has reached Filipinos from all over the Philippines and even our kababayans in the Middle East, the U.S., Australia, Europe, and the rest of the world are raving about it!
The video has created so much excitement, people were raving about it!
Allow yourself to be inspiredl! Watch this video now and feel the real change that’s coming soon! 🙂
Embrace real change! Subscribe to Rock To Riches for FREE!
Rock your way to abundance!
#moneyliferocknroll
P.S. 1. Are you an OFW who’s been looking for a investment placement where your money could grow higher than your time deposit accounts? Are you outside of Metro Manila and would like to start investing in mutual funds but have no personal advisors to help you out? Click here so I can help you open a mutual fund account NOW! .
P.S. 2. Bro. Bo Sanchez has appointed me as a coach for our young and new investors at the TrulyRichClub social site. It’s a fun, learning family with the purpose of “helping good people become rich”. I’m inviting you to join the TrulyRichClub too and email me at burngutierrezblog@gmail.com if you have any questions. Click here to join!
P.S. 3. My co-author/illustrator Des Feliciano and I have just launched our “The Adventures of Pepot Kuripot and Dora Gastadora” comic book! It’s arguably the first and only personal finance-influenced comic book in the Philippines. You may grab your copy at your favorite National Bookstore and Powerbooks outlets. Or you can grab your copy yourself at ilovemilktea in Las Pinas City. Now available also in Australia, Saudi Arabia, and the USA! Email des_feliciano@yahoo.com for more details.
P.S. 4. Yes, our Cyberpreneur Philippines book is now out in bookstores! Check out the chapters from my fellow authors Ray Calbay, Fitz Villafuerte, Ginger Arboleda, Kristel Silang, Marv de Leon, Paolo Lising, Anne Quintos, and other great online entrepreneurs and experts! Score your copy here now!
P.S. 5. Send healthcare and grocery products online to your loved ones in the Philippines via BeamandGo!
On Buying a House – Invest in Stocks First or Get a Home Loan?
I received this question earlier this morning from a fellow forum member and blog follower (name withheld for security and privacy reasons):
“Hi Burn! I’d like to ask for advice if it’s ok with you. It’s about our plan to have a house of our own. We’re currently renting an apartment for P6,500/mo so we’re considering taking a Pag-ibig housing loan of 2M with a term of 30 years, 8% interest per annum and a monthly amortization of about P17,000. Actually, P17,000 is almost half of our monthly budget already so we’ll be sacrificing a lot, maybe even our monthly 20% allotted for buying stocks..
So do you think it is much better to just put the P17,000 monthly in stocks and just withdraw from it when it reaches 1-2 M? Maybe after 5-10 years given the interest is 10% p.a.? However, the prices of labor and materials might have gone up considerably by then..
The loan seems more attractive now as the house can be built with in 6 months to a year so we also won’t have to pay for the apartment rent once we’ve moved in.. Continue reading On Buying a House – Invest in Stocks First or Get a Home Loan?