DEDICATION:
To Rex Mendoza, who had been instrumental in our full understanding and appreciation of investing and protection, and the required behavior in investing in the Mutual Funds.
To Noel Arandilla, Bart Borja and Dr. Joen Delas Penas of IMG- International Marketing Group who gave us easy access to invest in Mutual Fund Companies.
To Bro. Bo Sanchez who had made sure that our pursuit to material wealth is grounded on Holy purpose.
To the Truly Rich Maker Team all over the world, who had vigorously and passionately helped us to spread the mission of helping people save and invest properly.
To Reuben James, Felise Charmaine, Raphael Christian, and Francene Chiara; our dearly beloved children for whom we strive hard to leave our inheritance behind.
To Almighty and ever loving God who continually showered us with strength of mind, body, and spirit, and clarity of purpose.
Table of Contents
Chapter 1: It’s not the How, it is the Why!
Chapter 2: Pay Yourself First
Chapter 3: Investment Vehicles to Ride
Chapter 4: Bake it or Buy it?
Chapter 5: How to Start Investing Within 24 Hours?
Chapter 6: How Should a Millennial Invest?
Chapter 7: Investing Made Easy for Seafarers
Chapter 8: How should a Gen X Invest?
Chapter 9: Investment Preparation for “Retireables”
Chapter 10: Spreading the Mission
DISCLAIMER:
This book is a personal story of Benj and Fely Santiago. The contents of this book are intended for information purposes, and reference only. It is unique to the background and experience of the Authors. It is intended to give advice on how to invest, and guide on what financial products you need to buy. But, it doesn’t guarantee same or even better results that the authors had achieved.
Each person have unique situation, and needs. Everyone must consider all the options she or he may get into. It is the hope of the author to inspire people to invest correctly based on solid financial foundation.
The author of this book, and all other people mentioned in this book made sure that the information are correct as of the date of publication. However, there is no guarantee or warranty as to the completeness, and accuracy of all the information on a continuing basis. The author of this book expressly disclaim liability for errors or omissions in the information shared in this book.
Neither the author or any other person or company associated with this book may be held liable for any loss or damage that may result from the use of the contents of this book or to acts or omissions made by any person on the basis of the contents of this book.
COPYRIGHT:
This book is published on-line by the authors to inspire people to get into IMG Business. No part of this book can be used or published without the expressed agreement of the author.
Date Published: April 2020
Published by: Ruben V Santiago Jr.
INTRODUCTION:
Fely and I are both Engineers by profession. Fely an Industrial Engineer and I am a Licensed Mechanical Engineer. We both worked for Multi-national companies as Managers. And we earn very well but that is all we know! We earned from our jobs but did not know how to really make our income earn for us. In simple terms, we did not know how to invest correctly. We were investing in real properties, in local and US Stocks but it was all unguided, improper, and not solidly founded on a purpose and plan. What we thought as investing turned out to be accumulating liabilities. Instead of putting money into our pocket, our investments took more money from our pocket and further strained our cash flow.
Fely and I lost a lot of opportunity due to our lack of know-how in investing in the tune of more than 100M Php! Our parents did not know investing in the stock market any better. Our orientation is to study hard, get good employment income and retire from the company we will work in and enjoy the retirement money afterwards.
For many years we never sought help, nor study how to invest the right way. We were so comfortable earning money from employment. We invested in real estate, and stocks but it was all uneducated moves, unguided and therefore did not give us good returns. The stocks investments we had were simply employment benefits. We only know how to make money by working hard for it. We did not know how to make money work for us.
Financial Ignorance is one of our reasons why we did not get into investing correctly. I felt that getting into paper asset investment is dangerous and a lot of people lose their money. And I also thought that we need a lot of money “tons of money” to get into mutual fund investing. Worst, Fely and I invested on what turned out to be a scam and we lost our money.
Investing requires literacy. IMG gave that to us. We owe our investing know-how to IMG and Rex Mendoza. The link to them is Bro Bo Sanchez through his Truly Rich Coaching Seminar. Investing became so clear and simple.
We bought and read books by Bro Bo and Robert Kiyosaki, and many other books. In fact we have all the books of Bro Bo Sanchez about money and investing. We started with the “8 Secrets of the Truly Rich”. We are so blessed to be mentored in IMG- International Marketing Group by Noel Arandilla, Bart Borja and Joen Delas Penas how to manage our money and how to create a Solid Financial Foundation. And finally, we met in person and listen to Rex Mendoza, every opportunity we get in the Wealth Circle and Wealth Summit of Bro Bo Sanchez. They have made a very strong impact on how we do our investing today.
Rex Mendoza has inspired us to write this book entitled How to Invest Like Eating Cake. It highlights how Fely and I: an untrained investor, employee in our whole work-life, turned into successful investors in many varied investment vehicles. This happened when we were about to be retired.
We share in this book the struggles and major wins in our early years of “investment experimentations”. It narrates what investment concepts we actually learned and applied in order for us to achieve financial freedom. We also included here the appropriate strategies for people of different ages and profession.
I encourage everyone to join us in the mission to help people put into reality the concepts we have shared. We challenge you to take an active role to continually learn and be an effective investment coach to yourselves, your family and friends. Make more financial coaches to reach out to other people and spread the mission to make more Filipinos Truly Rich by sharing how to do it in simple way “it’s just like eating cake”!
If you fear the word investing this book is for you. If you are already into investing and wants to know how to invest properly, and easily, and be financially secured, then I encourage you to read on, and act with urgency on your plans within 24 hours after reading this book! You can do it too!
Be Truly Rich!
Benj and Fely
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