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Saturday, September 15, 2012

“What If Everything Crashes?”

“What If Everything Crashes?”

TrulyRichClub stock market updates…

Stock market crashes

The stock market has NOT been very exciting these past two months. Almost all stocks are down. Let me clarify: It’s not exciting for new TrulyRichClub members. But it’s exciting for the older members. (I’m not talking of their age, but the time they joined the Club.) It’s during these difficult times when the difference between neophyte members and mature members come out. “Older” TrulyRichClub members have already been sufficiently brainwashed by… uh… me.

They smile a knowing smile during these “down” times. Because they know that their greatest earnings are made when they buy at this difficult time. They buy with conviction and courage. On the other hand, new TrulyRichClub members are fearful. Last month was an extremely trying month, especially when I asked everyone to “switch” EDC and CEB (at a loss) to our other SAM stocks. Some wrote to me, just asking for some words of emotional assurance. One wrote, “Brother Bo, please tell me I’m doing the right thing. On paper, I’m losing money. I’m so afraid. I’m still investing each month only because I trust you.”

I wrote back, “Thank you for your trust. I’m humbled and honored. But hopefully in the next 12 to 18 months, when you start seeing the happy results of your investments, you’ll be like the Apostle Thomas—that your belief will be based on evidence. Because you’ll see with your two eyes how your investments will go up in value…”

Regularly, I get “mobbed” by the “Older” TrulyRichClub members. They approach me whenever they see me in restaurants, bookstores, or just walking in the mall. They tell me how their stock market investments are growing. Usually, they say things like, “My investments are up by 24 percent!” or “18 percent!” or “32 percent!” or “35 percent!” Wow. I love these percentages.

But for new TrulyRichClub members who are starting out, they’re terrified during down months. Sometimes, this fear prevents them from investing. The other day, while walking in a mall, a middle aged bespectacled man came up to me, and he didn’t give me any percentages. Because, he couldn’t. After our friendly greetings, he said, “Brother Bo, I’ve been a member of the TrulyRichClub since last year.

I’m really happy reading your stuff. I learn so much. BUT…” and he paused really long… “I can’t invest in the stock market. I just can’t. I’m afraid. What if the entire economy will crash?” My heart went out to him. I could actually “smell” his fear. It was very real. My spiritual antennae discerned that this man was gripped by many, many fears.

I nodded, “Yes, anything can happen. The economy can crash.” “And all the favorite SAM Stocks you tell us about will be cut in HALF. That’s possible, right?” “Yes, that’s possible.” “Well, what will you tell your TrulyRichClub members if that happen? They’d be horrified.” I laughed, “If I was successful in indoctrinating them, no, they won’t be horrified. They’d be thrilled. They would save MORE money and buy MORE stocks. Tell me, would you buy a Mona Lisa painting if it was sold at half the price? So that you could re-sell it at full price in a year or two later?” “Yes, if I had the money, I guess I would.” Later on, he revealed all the other imagined fears in his life. I prayed for him. Before we parted, he promised to start investing. I really hope he does.

My friend, don’t be ruled by your fears. Be ruled by your faith!

May your dreams come true…

Bo Sanchez

PS. By the way, the TrulyRichClub isn’t just about Stock Market investing. That’s only one part. In the TrulyRichClub, aside from teaching people how to grow in their financial life, I also teach people how to grow in their spiritual life.

For what’s the use of growing in your finances if you lose your soul?

To know more about the TrulyRichClub, click the link below:

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