Wednesday, December 11, 2013

Get Rich from the Financial Market: Afterthoughts and Realizations

Wazzup Pilipinas!

Are we playing the right game?

I guess that question should be asked every time we make decisions and not only for those that involve our life savings. However, we were told to only invest on money that we are willing to lose. This means we should only take the risk if it involves money that is not critical to our everyday life.

We often become very generous after pay day because we spend our money without considering how we can make the most out of it. Our bonuses or extra month pays quickly disappear right before our eyes and go immediately to the cash registers of shopping malls where we bought branded shirts and jeans, a new watch or jewelry, or the latest model of a smartphone brand.

"Win as much as you can" should have been the game we should be playing but we get lost and confused because we follow the norm and traditional way of going through life. Even though we've heard so much sayings like "think outside the box", we seem to never learn.

Thank you to the duo of Amar Chandnani and Shyan Lim of Money Expo for teaching us a lot of enriching information on how we should manage our money during the Wazzup Pilipinas Get Rich from the Financial Market.

We learned about investments and liabilities - and that the difference between the two lies on how we will use the items we bought. A smartphone can be a liability if we bought it using borrowed money, or using our credit cards, or when we have to pay monthly dues, while it becomes an investment if we were smart enough to realize we can rent it out to friends where they pay you just to be seen cool and fashionable with the gadget.

The seminar may just be a prelude to a bigger event happening on February next year, but the information they shared to us were almost near to nosebleed. The technicalities at the latter part may seem a bit way above our comprehension. However, it was a great start to allow us to try to research more on the topics they taught us.

What really inspired me is the realization that we should allow ourselves to "unlearn" so we could refresh and renew our perspective on life and how to deal with it favorable.

When we were asked to play a game they called "Win As Much As You Can", and assumed it was the popular game of Tic Tac Toe because of how it appeared to look like, we failed big time! We never really understood the instructions given and just relied on our stock knowledge.

Sometimes, it is difficult to drop our past training and experiences to come join a new game where the rules are plainly expressed but often gets ignored because we resort to proceed with the most predictable way.

The answers to the question son how to get rich were plainly right infront of us but we fail to see the significant signs of how we can take advantage of potential earning opportunities. The basic services provided to us by companies like the utility companies, and the fast-growing businesses of the food industry, have been there yet not many have tried investing on getting shares through stocks.

I also realized that dabbling with the stock exchange and foreign exchange may be a bit daunting but it is very doable. It may be quite difficult at first but it becomes so easy as time becomes on our side.

It is thus advisable to start out young to gain a very effective momentum in the transactions. The younger you are, the better you can equip yourself with the expertise. However, it is not too late to learn how we can manage our money the most beneficial way via several online and classroom courses especially the ones handled by the Money Expo team.

However, we can also hire people to manage our money through brokers and financial experts. Since we may not be technically-inclined with all the terminologies or are too afraid to take risks, there are professional and skillful people that do those kind of work for a living.

The Premier Expo and Forum on Money, Wealth and Personal investments for Filipinos.Discover Opportunities in Trading Stocks, Forex, Commodities and ETFs and get the hottest on Mutual Funds, Insurance and Real Estate in the Philippines. - See more at:
The Premier Expo and Forum on Money, Wealth and Personal investments for Filipinos.Discover Opportunities in Trading Stocks, Forex, Commodities and ETFs and get the hottest on Mutual Funds, Insurance and Real Estate in the Philippines. - See more at:
The Premier Expo and Forum on Money, Wealth and Personal investments for Filipinos.Discover Opportunities in Trading Stocks, Forex, Commodities and ETFs and get the hottest on Mutual Funds, Insurance and Real Estate in the Philippines. - See more at:
Many attendees got to win prizes from a raffle held in between and after the seminar. This is something we will usually get when we win big or small from investments we made using our money. Remember that we always take risks when we use our money for an investment. We will never know if we will make it or break into itsy-bitsy pieces if our expectations fail us.Thus it is true that we should really invest only money that we are willing to lose. It is always difficult to lose our hard-earned money, but extremely fulfilling if we win big. Nevertheless, we should always be on the safe side unless we want to really feel sorry for ourselves.

Sponsors were present in and out of the seminar room. There were two (PhilamLife and The Ritz) who setup their tables inside the seminar room while there were more who had their mini booths outside where food were also served during snack and lunch time. Brands like Globe Telecoms, Meet U Black White coffee, Serve the Goddess Spa, Muz Facial Sheet Mask, Top Meat hams, Snakim, SeriAsia, Ritz Food Product Corporation, Clinica Manila and probably more (so I apologize to those I was not able to mention) were showcased outside the seminar room.

Thank you to all the sponsors who came and supported the Wazzup Pilipinas Get Rich from the Financial Market event.

Thank you also to Beth Sia of Meow Pow events planning for arranging this event for Wazzup Pilipinas as a teaser for the Money Expo 2014 event happening on February 15 and 16 at the SMX Convention Center of SM Aura Premier in BGC, Taguig.

"Discover more opportunities in trading stocks, forex, commodities, and ETFs and get the hottest on mutual funds, insurance and real estate in the Philippines" - at the Money Expo 2014!

 For more information:

The Premier Expo and Forum on Money, Wealth and Personal investments for Filipinos. Discover Opportunities in Trading Stocks, Forex, Commodities and ETFs and get the hottest on Mutual Funds, Insurance and Real Estate in the Philippines. The Money Expo will be highly interactive and fun filled! Get a chance to take home Premium Items from our Sponsors and tons of gifts and goodies from the exhibitors! - See more at:

Also try out their online Trading competition, play with virtual money, but get the chance to win real money :

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