IMG (International Marketing Group)

[lorenzoleo]

Personally I’m not favor in “savings, invest in long term, diversify” not because kiyosaki say so. Maybe I’m not just a type of person who can wait for a long time to experience financial freedom.

As other financial doctrine tells that it conform to the level of risk of a person that he wants to take, just like me, I want to learn more the system of how investing really working than just looking or watching my wealth is increasing or decreasing, I want to be an actor rather than spectator.

Also I want to manage my own finances personally than giving to strangers, like mutual fund, and just sit in a corner and see the results after 2o years or more if they doing right or they failed.

At tender age of 17 it came to my curiosity why few became wealthy and others did not. Since then I started to investigate and research by reading books in national bookstore for free just to learn how money is manage. Until such a time that I gave up my college just to give way and put into actions what I read.

I love math and physics, that’s the reason why I don’t get easily attracted just by saying something I need proofs and solutions. Until now I’m continuously studying by my own coz I know time is always changing as time change rules also change. Rules of everything are changing. As the technologies simplified everything as the system become more complex, that is my belief.

In my next post I state some points why I’m against in old rules of money as kiyosaki said.

My friend you can't harbor wealth in just one night, it needs time ,consistency and discipline to develop wealth. I know how young people are too idealistic. But you must face the real world. Don't get yourself too rush, be patient and coachable. I know many people out there want a rush wealth but ending up nothing. This is just a piece of advice.

Before you harbor wealth, first thing to do is to increase your wisdom and be coachable and patient.

[lorenzoleo]

naa ra man diay ni akoa gpangita...

gtxt man ko ani nila and they said they are in need of part time trainor..
and im an IT, so i think this is not my field.. wa ko ni sipot..hahaha... am i right? or basin trainor jud to as in, in related w/ computers..kay murag far out ra kau kung about computer related akong itudlo and yet they are this kind of company, the marketing thing..haha.. sakto ko?

Ako IT professional man ko. Pero ok ra man at least naa say laing paradigm kay cge lag program.
Daghan baya mga techincal na mga tao diri kay dali ra kasabot.

[darkcrux]

I agree...For better or for worse all currencies in the world are not tied to anything of real value anymore...They just kept on printing paper of no real value and call it "money"... I wonder how long they can keep doing that before this economic bubble will burst

A bit OT maybe but I think this is a serious call for us Pinoys who has the "save for the rainy days" mentality

I'm sorry to disagree with you and young investor on this. "Save for the rainy days" mentality is still one of the best mentality that people should apply.

"In the house of the wise are stores of choice food and oil, a foolish man devours all he has" - Proverbs 21:20 (Wise people save, Fools spend all they have)

What we usually do when emergencies come is borrow money... but then,

"The rich rules over the poor, and the borrower is slave to the lender" - proverbs 22:7

something is wrong with that mindset.

Save money for emergencies,
Save money for retirement,
Save money for your health,
Save money to invest,
Save money to pay for debts,
Save money to buy things (rather than borrow),

The parable of the talents talk about investing and saving. The story of Joseph the Dreamer talks about saving for rainy days.

I don't know about you guys, but the principles given in the Bible are timeless and universal. It was effective back then, it is still effective now.

We are trying to impart these principles to the people we talk to, to our trainees, to our clients, to all those who need this.

[darkcrux]

@young investor:

Regarding diversification, a particular passage in the Bible does talk about diversification.

"Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth." - Ecclesiastes 11:2

Spreading your investments lowers it's risk. Since you are so concerned about risk, you better diversify your investments.

[neil11]

its diffrent when your doing it and your already on the field..

dont just depend on what you read..

[lorenzoleo]

@young investor:

Regarding diversification, a particular passage in the Bible does talk about diversification.

"Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth." - Ecclesiastes 11:2

Spreading your investments lowers it's risk. Since you are so concerned about risk, you better diversify your investments.

Yes, this is true, mas maayo I diversify jud. Kay kung lugi ang usa, at least ang uban mu gain. "Ininsik na style ba". Dinaghanay, kung lugi ang usa, at least naay ni gain usa.

[darkcrux]

amen to neil11.

"One day of investing is better than 1 year of reading books on how to invest".

Books are good no doubt, but mentors are better. They have experience.

[jhiade]

Quote:
Originally Posted by jhiade
another incorrect information about IMG better attend the orientation and talk to the people in person.. you are not giving the right information...


OT: hasta ni imo pa dyud apilon... lol... weird...
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What do you want me to say? sayup man jud ni? READ THE POSTS they are more sensible posts... you might want to contribute better than those...at least the people here are close to the topic...read more and post close to their topics or just learn....

[frozenphoenix]

this is very informative now....the posts are making sense....IMG....woOSH!!!!

[jhiade]

something good i found out and sure is useful...3 of the people mentioned are coach from IMG ...Bo can't be wrong... CLICK HERE