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Top Philippine Stock Market Online Broker COL Financial Reports P303.6-M Profit


Just found this news worth sharing. It's just good to know that this company continuously thrive in this market. Probably a manifestation of a solid foundation of the company. Congrats to Edward Lee and  Dino Bate and to the people behind the success of this company. I wish I was paid for blogging about this, but I am not. I just really like this company. 



Below you can read the details of this news and some numbers about this milestone of COL Financial.

COL Financial Reports P303.6-M Profit

COL Financial Philippines, Inc., the country’s top online broker, reported a flat net profit of P303.6 million last year due to the normalization of its effective tax rate from 9.8 percent in 2012 to 21.3 percent in 2013. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated operating profits grew 13.8 percent to P386.0 million.

Growth was driven by the 13.8 percent jump in revenues to P741.0 million which, in turn, was a result of the 16.7 percent increase in commission revenues to P540.5 million and the 7.9 percent improvement in interest income to P198.7 million.

Operating profits from Philippine operations grew by 17.2 percent to an all-time high of P368.9 million last year, exceeding the previous record of P320.5 million earned in 2011.

“We are pleased to announce another record earnings result for 2013. More importantly, we are glad to see the continuous expansion of our client base and their investments in the Philippine Stock Exchange. At COL, we believe that our profitability is only a consequence of our client’s success,” said COL president Dino Bate.

The growing popularity of investments in the Philippine stock market brought about by falling interest rates and the accelerating growth of the COL’s client base were largely responsible for the company’s record performance.

Despite the volatility of the stock market, value turnover in the Philippine Stock Exchange soared by 43.8 percent during the year, led by the 64.6 percent increase in value turnover of foreign investors.


Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link http://bit.ly/BoTRC or hit the get instant access button below.
The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,
Red

PS.  YOU, yes YOU! Just in case you have not read this yet, Read this now... 21 Reasons and Benefits Why I SUBSCRIBED To The Truly Rich Club and Why YOU Should Too  a lot of people also commented on this review, you can read their comments too. Thanks and God bless.

Wealth Building Summit for the Filipino Investor: SMart Money through the Stock Market [COL Financial Update]


COL Financial, the most trusted online stock broker in the Philippines, brings you the wealth-building opportunities and its 2014 stock market outlook together with the leaders of the top corporations of the SM Group of Companies.

This event is by special invitation and is free-of-charge. Online reservations are required on a first come, first served basis. You will receive an email confirmation for the event within 48 hours of your registration.







Below is an article from sunstar.com.ph related to this event:

SMart Money through the Stock Market: A Wealth Building Summit for the Filipino Investor

Ever wondered how you can build your wealth in the stock market? COL Financial Group, Inc. and SM Group are holding the “SMart Money through the Stock Market: A Wealth Building Summit for the Filipino Investor” on March 25 from 1:30 p.m. to 5:30 p.m. at the Radission Blu Hotel Cebu.

The forum will allow people to listen to leaders of these top corporations on the plans, outlook, and opportunities that they are offering the Filipino investor, organizers said.

The event is free but online reservations at www.colfinancial.com/register are required on a first come-first served basis.

The summit features a lineup of financial experts. COL’s head of research, April Tan, will discuss stock market 2014 and beyond. SVP-Investor Relations Cora P. Guidote will give a brief introduction about SM Investment Corp. followed by a more in-depth talk by consultant Tim Daniels.

VP-Finance Teresa Cecilia H. Reyes will talk about SM Prime while First Vice President - Investor Relations & Corporate Planning Richard R. Tan will discuss BDO.

Carmen Copper Corporation VP and General Manager Rodrigo C. Cal will discuss Atlas Mining Cebu.


COL Financial has consistently been the number one online broker in the Philippine Stock Exchange with over 82,000 customers and over P47Billion in customer assets. COL Financial has been tapped by the SM Group of Companies to lead its local investment roadshows across cities in the Philippines. 

Source: http://www.sunstar.com.ph



Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link http://bit.ly/BoTRC or hit the get instant access button below.
The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,
Red

PS.  YOU, yes YOU! Just in case you have not read this yet, Read this now... 21 Reasons and Benefits Why I SUBSCRIBED To The Truly Rich Club and Why YOU Should Too  a lot of people also commented on this review, you can read their comments too. Thanks and God bless.

Here's Bo Sanchez Formula for Financial Success Plus His CONTROVERSIAL Book on Personal Finance


Hi, this is Red again. I missed to publish this entry last January. I read this from abs-cbn news online. The title of the article is "Bo Sanchez shares his formula for financial success", posted at 01/03/2014 2:00 PM by Carlos Rodriguez of ABS-CBNnews.com. 

To better understand this formula, you can buy Bo Sanchez latest controversial book on Personal Finance Series entitled "The Abundance Formula - The Four Simple Steps That Make Good People Rich: 100-10-20-70"

I was so lucky to received this controversial book, for FREE. Since I am a member of the Truly Rich Club, they shipped the book to me, no additional charge, for free. 


Warning: This is a controversial book. While other religious teachers will tell you to "be content with what you earn," international spiritual leader Bo Sanchez tells you the total opposite: "Earn as much as you can - so that you can give as much as you can!". Through this amazing book, The Abundance Formula, you'll learn the 4 most esential life-transforming steps that can make anyone rich. (And the first step is to "Earn 100%")

Now, for the article I mentioned... please read it below.

Being able to gain financial wealth is possible regardless of how much or how little you are earning, inspirational speaker and entrepreneur Bo Sanchez said.

Sanchez said following the simple formula “100, 10, 20, 70” can help those wanting to live comfortably and without debt.

He explained that “100” pertains to earning 100 percent, which means maximizing opportunities wherein you can earn,

“You have to earn 100 percent. You have to find a way to say to yourself, ‘I’m going to maximize how much I can earn, meaning utilizing all your gifts, all the gifts that God has given to you,’” he told ANC’s “Headstart” on Friday.

It doesn’t matter what profession you are in, Sanchez said, as long as you can “be the best that you can be,” because this may lead to promotions and salary increases.

From your income, give 10 percent to charity.

“It’s the starting wheels of generosity. Generosity is opening your palm, because when you open your palm then you are ready to receive,” he said.

The “20” means investing 20 percent of your income, a concept that Sanchez said he learned from the bible.

“Joseph the Dreamer was a governor of Egypt, he had these dreams and then 20 percent of the whole produce, he kept, and then saved Egypt from famine,” he said.

Sanchez also shared that he also taught his house helpers and driver to invest in the stock market to help them grow their finances.

“The best and safest investment is in the stock market. People don’t know that,” he said.

The remaining 70 percent should then be spent on a simple lifestyle.

“Live on 70 percent of your income. Live simply. Make a decision and say, ‘I will not overspend,’” said Sanchez.

He added that the secret to success is having big dreams and a system to support it.

“Big dreams attract more resources, attract more power and fire in your belly. The bigger the dream, the better,” he said, noting that systems bring success, not just dreams.

“The proper attitude, the mentors that you need to put in place, and then the small little steps. It’s not the big things that change people's lives, it's the small things that you do consistently everyday that changes you,” he said.



For more information about the Truly Rich Club, go to this link http://bit.ly/BoTRC or hit the get instant access button below.
The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,
Red

PS.  YOU, yes YOU! Just in case you have not read this yet, Read this now... 21 Reasons and Benefits Why I SUBSCRIBED To The Truly Rich Club and Why YOU Should Too  a lot of people also commented on this review, you can read their comments too. Thanks and God bless.

Warren Buffett of the Philippines' Stock Market Investing Tips - An Interview by Truly Rich Club Founder Bo Sanchez


This one is something NEW from the Truly Rich Club. Warning: This will be the first and last I am going to share an interview like this from the club. If you want more and future interviews, then you should join the Truly Rich Club, Now.

Here's the interview transcript of brother Bo Sanchez with COL Chairman Edward Lee. Let's read and learn from them.  
Bo: Hi everybody! This is Bo Sanchez of the Truly Rich Club. I know a lot of people are asking about the stock market. So we will do this regularly, every single month. We will pick the brains of my mentor, our mentor, Chairman Edward Lee. He’s someone who’s been in the stock market for 30+ years. And with that incredible experience, he will give you that wisdom.We’ve been receiving questions from TrulyRichClub members and they’ve been asking the question, “Am I doing something wrong? Why is my portfolio all negative? Why is it all red?” And so we’re going to get the answer from the man himself, Edward Lee.

Edward: Well, the problem with most people is that when they’re investing in the stock market they don’t differentiate between long-term and being short-term. I think when you have a short-term pullback like this, it really scares people because you see your portfolio go down. If you’re investing for the long-term, you should look at it as a great opportunity to be able to accumulate all these good companies at market price. You should not be doubting about the long-term strategy. The discipline should be there. You should continue to deploy on all these companies, especially during this
difficult time.

Bo: I think what happens Edward is that sometimes they question, am I doing something wrong, or is the system wrong. 

Edward: That’s right. It’s all about validation. A lot of times, they know that stocks outperform all other asset class. It has been validated so many times from the 1920s till today. The stock market is still high even going through a lot of depressions, a lot of oil crisis, a lot of deleveraging. Today the US Stock Market is still in a new high. The Philippines with so much coup d’etat during Martial Law, today the market is still P6,200-P6,300. It’s still way, way high compared to what it is before. You know that the answer is really correct, that stocks outperform all asset class and stocks is still the best way to go. Because if you’re looking for
emerging market, you’re talking 14-15 percent growth every year, much, much better than your regular 1 to 2 percent interest rates.

Bo: So it’s better than all other assets like real estate, the banks, the fixed income…

Edward: Compared to inflation. So they have to stick to it. That’s why it’s called a program, an investment program, that they continue to deploy and the best is to buy all these good companies with dividends and reinvest these dividends to the stocks. We think that because of the K Trade in the U.S.

Bo: You have to discuss about that because somebody was asking me a very good question. She said, “The stocks went down even before Yolanda. People are saying Yolanda is the one that made the stock market go down.” So please explain why the stock market went down even before Yolanda.

Edward: Before the talk of this tapering, what happened was the 10-year U.S. Treasury started moving up from 1.6 to 1.8 percent. Today it’s around 2.7-2.8 percent. This is a long-term treasury bill as compared to the short (the short has not moved). What happened is that the Philippines’ 10-year is about 3.3-3.5 percent today. In comparing with the U.S. which is 2.7-2.8 percent, there is really no more meat for people. So what happen is that the money flows out from the emerging market going back to the developed market because of the long-term interest rate which has moved from 1.6 to almost 3 percent today.

Bo: So what you’re saying Edward, just to simplify for people who don’t have this background—that includes me—is that foreign funds that were invested in the stock market because of that change in the increase of the 10-year Treasury in the United States, they started pulling out their money from our stock market. So that’s why we have this depressed stock market.

Edward: Yes. Yolanda is just an excuse for us here in the Philippines. But for the U.S. fund managers, they’ve been selling even prior to Yolanda. Now, please TRC members must understand, the drop is not only in the Philippines. It includes Indonesia, it includes Thailand. So it cannot be Yolanda. Yolanda is just for Filipinos to basically get scared. 

Bo: So that’s bad news in a sense that foreign funds have left the Philippine Stock Market but it’s good news for you, for me, because we’re long-term investors. And what Edward is saying, take the opportunity. Every month, we follow a program. It’s called Strategic Averaging Method (SAM) and every month you’re supposed to buy. So when your whole portfolio is red, it’s good because we’re long-term.

Edward: What is really key here is that the emotional cycle investing is always in play. So when prices go down, people start doubting. Maybe they’re doing something wrong. But what they don’t understand this is part of the investment promo for the long-term and for short-term, it always go through this volatility. That’s one of the reasons why we always make the comment of Peter Lynch that for the short-term, there is really no correlation. Meaning success of the companies’ performance and success of the performance of the stocks are not correlated. But long-term, it’s a 100 percent correlation based on earnings, earnings, earnings. As this company continues to generate more earning moving forward then it’s just temporary pullback, set back, but for us, it is the best time for us to continue to deploy. I think what we need to tell them is that the maximum really is only 20 percent of their savings that goes into stock market investing. Because if they do more than that, they will really get scared. They will have their stomach ache and they will probably sell at the bottom.

Bo: Edward, one last question and I think this is the question for all our viewers that have it in their minds. “Okay, Edward, we’ll really try to deploy now, buy now, close our eyes and just buy no matter how red it is. Question: How long will we see it finally going up? Will we finally see it going up a few months?”

Edward: Well, the sad part about this is that we have an earning’s peak. We have the highest earning for the Philippine Composite Index in 2013 and the problem is that by 2014, you will have a single earnings growth. Meaning, the estimate is about 6.5 to 7 percent in terms of earnings of EPS growth for the Philippine Composite Index. Because of that we believe that the market will just continue sideways for about a year, nine months to a year. That’s supposed to be good for us because when we have the sideways environment, whatever we’re deploying today, we will have a lot of time to deploy further because we believe by 2015—because this year is a high based and next year will be a low base—so going to 2015, we will go back to the double digit earnings growth. So 2015 should be the best year but you need to accumulate this time.

Bo: So that’s it. From our great mentor, Edward Lee. You know we’re foreseeing a sideways movement for December and for one whole year which is fantastic for all of us because that means you have to keep on buying every single month. And then, I want you to go to your friends, your family, now is the time to start investing because by 2015, the stock market will start going up. That’s our projection, that’s the projection of Edward. So they’ve got to accumulate now and then we’ll be all smiling after all this sideways movement.

----

So there you have it. The interview of Truly Rich Club founder, Bo Sanchez to Sir Edward Lee, the founder of COL financial. 

To get their future insights about the stock market in the Philippines, you can join or subscribe and be part of the Truly Rich Club.  

Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link http://bit.ly/BoTRC or hit the get instant access button below.
The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,
Red

PS.  YOU, yes YOU! Just in case you have not read this yet, Read this now... 21 Reasons and Benefits Why I SUBSCRIBED To The Truly Rich Club and Why YOU Should Too  a lot of people also commented on this review, you can read their comments too. Thanks and God bless.


Sample Report for YOU - Do You Want to Earn Thru Dividends or Capital Gains? [January 2014]


Sharing you this sample special report from the Truly Rich Club Stocks Update published this January 2014. All members receive this kind of report twice a month. The BONUS part is you can access the archive. This archive includes all the Stock Update report from the very begging on the Truly Rich Club. 





How about YOU? When are YOU going to buy stocks in the Philippines? You can start... NOW. 


Are YOU AFRAID of investing in stock market?

You want MORE guidance and MENTORS? 


Try The Truly Rich Club.




Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link http://bit.ly/BoTRC or hit the get instant access button below.
The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,
Red

PS.  YOU, yes YOU! Just in case you have not read this yet, Read this now... 21 Reasons and Benefits Why I SUBSCRIBED To The Truly Rich Club and Why YOU Should Too  a lot of people also commented on this review, you can read their comments too. Thanks and God bless.

Yes! YOU Did It Again: Philippine Stock Market Returns above 6,100-mark after IMF Lifts Global Economic Outlook


One of the frequently asked questions in terms of Philippine stock market investing is "When is the right time to buy stocks?

When we talk about Peso Cost Averaging which is the power behind The Truly Rich Club's Strategic Averaging Method (SAM), the best time to buy really is when the price is still on the buy-below-price. As SAM investors, continuous gradual buying program is one of the best strategies for me, in other words, as an investor, your should be taking advantage of these down trend market to accumulate stocks at good or cheap prices. The good thing about this strategy is that you are not being bombarded by other people's speculation on when to buy and when not-to-buy. 

Speaking of speculation, here's a funny quotation in Mark Twain's Pudd'nhead Wilson,  "October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February.

How about YOU? When are YOU going to buy stocks in the Philippines? You can start... NOW. 


Are YOU AFRAID of investing in stock market?


You want MORE guidance and MENTORS? 


Try The Truly Rich Club.



Let me share you the latest Philippines stock market news published in interaksyon.com website, the Philippines stock market returns above 6,100-mark. You can read the details below.  
"The Philippine benchmark index on Wednesday posted its best performance so far this year after returning above the 6,100-line, driven by the improved outlook for the global economy.

At the Philippine Stock Exchange, the composite index added 120.62 points, or 2 percent, to finish at 6,139.86, extending its gains to a sixth straight session for its longest winning run since October last year. The last time the local barometer closed above the 6,100-mark was on December 4 when it settled at 6,105.23.

All counters finished in the green, with the financial counter rising 2.99 percent and the property index climbing 2.06 percent."

"The PSEi broke out from the 6,000 resistance level on expectations low interest rates would prevail and improved global economic outlook," said Freya Natividad, investment analyst at Papa Securities.

The International Monetary Fund (IMF) upgraded its projection for global growth to 3.7 percent this year, compared to the 3.6 percent estimate in October, on expectations of accelerated economic expansion in the US and the United Kingdom.


The S&P 500 added 0.3 percent to 1,843.80, while the Dow Jones Industrial Average fell 0.3 percent to 16,414,44 after Verizon Communications Inc, Johnson & Johnson and Travelers Co reported disappointing earnings."

- Source: interaksyon.com/business



Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link http://bit.ly/BoTRC or hit the get instant access button below.
The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,
Red

PS.  YOU, yes YOU! Just in case you have not read this yet, Read this now... 21 Reasons and Benefits Why I SUBSCRIBED To The Truly Rich Club and Why YOU Should Too  a lot of people also commented on this review, you can read their comments too. Thanks and God bless.

Top 10 "Truly Rich Club Review + Stock Market Philippines + Bo Sanchez" Blog Post 2013



Before the year ends, allow me to uncover to you my Top 10  Truly Rich Club Review + Stock Market Philippines + Bo Sanchez' blog posts, gained with the most numbers of views year 2013. No sense to you, but it mattered to me, so please read in case you haven't read some on these blog entries. These posts helped me generate almost close to 5 figure monthly passive income. Thanks 2013 and TRC. 


  1. How To Earn Passive Income Without Quitting Your Job [The Truly Rich Way]
  2. 21 Reasons and Benefits Why I SUBSCRIBED To The Truly Rich Club and Why YOU Should Too
  3. 10 Principles in Starting a Business From The Book "Choose To Be Wealthy"
  4. Truly Rich Club Bo Sanchez PowerTalk - Increase YOUR Income By Increasing YOUR Service
  5. Bo Sanchez' Truly Rich Club Stock Recommendation BUY Alert [With Sample Email Notification]
  6. Truly Rich Club Bo Sanchez Stocks BUY Alert - February 18, 2013 [Philippine Stocks Update]
  7. 11 Filipinos on Forbes' Billionaires List 2013, Who Else Wants To Follow their Footsteps?
  8. List of Online Stock Broker Services In The Philippines [Plus Snap Comparative Analysis]
  9. Philippines Stock Exchange PSEi Index - As of March 14, 2013
  10. COL Financial Thinks Now Is The Time To Invest In The Philippines Stock Market

To all of my blog readers and all TRC subscribers and soon-to-be-members, I wish and pray for your perpetual success in all areas of your life, whatever it is, financial, spiritual, mental, emotional or physical, not just for the coming year 2014, may you continue to receive all the blessings from Him in every gising that will come.

Remember this.... Every Gising is a Blessing! :) Keep shining and Stay Remarkable.

Happy New Year to ALL. :)


Interested in Stock investing in the Philippines?

Join the Truly Rich Club.

For more information about the Truly Rich Club, go to this link http://bit.ly/BoTRC or hit the get instant access button below.
The Truly Rich Club is an online private membership group founded by Bo Sanchez. It’s called “Truly Rich” because the subscribers are taught not only to be financially free and wealthy, but also how to be blessed in ALL areas of life: whether in the relationships, career, spirituality, health, and of course in financial life.

More Success and Happy Investing,
Red

PS.  YOU, yes YOU! Read this now... 21 Reasons and Benefits Why I SUBSCRIBED To The Truly Rich Club and Why YOU Should Too  a lot of people also commented on this review, you can read their comments too. 





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