Before I tell you why I believe this is the best time to invest, let me reintroduce myself to some people who may not know me.
I’m the crazy guy who taught my maids and my driver to invest in the Stock Market. (I was the guy who wrote the bestselling book, My Maid Invests In the Stock Market And Why You Should Too.)
My driver now has P30,867 in the Stock Market—because he started late. When my maids started to invest, he didn’t jump in. He was a “wait and see” kind of guy. Now, he’s catching up. (By the way, P30T may not big for you and me. But to him, it’s like he’s become a millionaire. He’s never saved this amount of money before in his entire life.)
One of my helpers, because she started much earlier, has P113,943 in the Stock Market. She’s also more disciplined. Whatever extra money she gets from me, like bonuses and increases, she puts it into the Stock Market.
But my other maid is the big champion.
By the way, she’s no longer just my maid.
Let me tell you her story.
Four years ago, I encouraged her to take a “correspondence course” for her college degree. After cleaning and cooking the entire day as a maid, by nighttime, she’d lock herself in her room to read her textbooks and do her school work.
It took four long years, but she finished it.
Today, I promoted her to be my bookkeeper for one of my businesses. Thus I pay her more. And she invested her entire salary increase into the Stock Market.
Today, she has P165,718in her Stocks investments.
I love telling my maids, “If you keep this up, you’ll reach your first million in 7 years.”
Boy, I’m waiting for that day. So I can tell everyone with pride, “My maids are millionaires!”
Confession: I’ve brainwashed them.
I’ve taught them to think the way I think.
Even when the Stock Market is crashing around them, and it seems that the value of their investments are down (at least on paper), they’re happy.
Let me explain…
Why You Should Be Happy When There’s a Crisis
Read more…
Investor luranski: Many Stocks Have Gone Down; This Is The Best Time To Invest!
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