I met a 25-year-old woman yesterday who said she has P100,000 in her bank account. I told her to transfer the money now into the stock market – and add P3000 every month. And by the time she hits 60, I told her (after calculating in my trusty phone), “You’ll have a cool P22 million – if you grew by a conservative 12 percent a year.” (Note: But if she followed our TrulyRichClub’s Strategic Averaging Method, I’m betting she won’t just get 12 pecent – she’ll get even more. Even if she just improves her average growth to 14 percent a year, her money won’t be P22 million, it’s become P38 million. But this is another article.)
This story is from Bo Sanchez… Read full story here.