Learning the Basics About the Stock Market

Since I know now the difference between an asset and a liability, I was really very eager to look for ways in order to build my assets. I have to start small considering my small savings. I know nothing. I don't know how to start or where to start.


Aside from being inspired by the "Rich Dad Poor Dad" book, I was also educated and inspired by Bro. Bo's articles and his book "8 Secrets of the Truly Rich". Because of him, I was inspired to learn more about the stock market.

The word stock market makes me frightened. Why? Because my friends and family reminded me of the negative things about the stock market. They said that many people or most people lose their money in the stock market and they're worried that I might, too.

It's a tough decision for me so before I decide whether to join or not, I spent my time learning and understanding the basics about the stock market. It's not easy. Sometimes I was overwhelmed, became discouraged and thoughts of surrender crossed my mind but I didn't.

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It took me several months of learning the basics of the stock market before I gathered enough courage to actually invest. 

Though I'm not yet an expert, the fact that I started is already something to me. I knew nothing about investing before so for me this is a great milestone in my life.

One thing that really gave me the courage is that I have trust in the recommendations of Bro. Bo Sanchez and his guidance through the Truly Rich Club. If not because of him, it would take me years before I could start investing in the stock market. Thank you Bro. Bo for inspiring more people to be investors and entrepreneurs.

Rich Dad Poor Dad

I grew up from a poor family. I grew up in the farm and all I know is that people plant vegetables, sell it into the market and then you have money. If the price is not good then perhaps it's not your lucky day.


That's the life I came to know. But early on I dreamt of having a good house, a nice car so that we won't have to hitch every time we need a ride, a nice bed and lots and lots of food on the table. I secretly envy my classmates before because their houses were built near our school, unlike me who have to hike for one hour just to get to school, and their houses are also beautiful. 

Every Sunday when we go to town to buy our groceries, they would invite us for lunch. I remember feeling so small and dirty because our feet are usually either muddy or dusty and I feel pity for myself and my parents.


Paradigm Shift

When I was younger, I somehow learned that becoming rich is not a good idea. The idea that money is evil or that rich people are evil because they are usually corrupted by money made me to have second thoughts about dreaming to become financially free one day.

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So I just content myself in daydreaming about the good things in life that other people have and to envy my classmates for having their needs and even their wants being provided by their parents.


After graduation, my plan is to get a good job, have a family and help my siblings. But I was blessed because I came to know about Robert Kiyosaki and his book Rich Dad Poor Dad. My original plan was revised. 

Instead of just getting a good job to support my family, I added 'get a good job and slowly build my portfolio'. (^_^)