I wanted to build big apartments in the Philippines but as a novice staff nurse working in a private hospital here in Abu Dhabi, It would take a lot of years in order for me to establish a million-peso-real estate business. And acquiring loans and debt is a big ‘NO’ for me.
Because of this, I’ve decided to use the LAW OF COMPOUND INTEREST which is considered one of the greatest miracle of economics and a great source of earning passive income.
Law of compound interest states that you carefully invest your money in a money machine in a certain gestational period and allow it to grow. Albert Einstein described it as the most powerful force in our society.
According to Brian Tracy, a corollary of this law says: The key to compound interest is to put the money away and never touch it. Once you begin accumulating money, and it begins to grow, you must never, never touch it or spend it for any reason. If you do, you lose the power of compound interest, and though you spend only a small amount today, you will be giving up what could be an enormous amount later on.
One of the best way to utilize the law of compound interest is to invest in stock. And so last year, I made one of the greatest decision in my life. I signed up in the truly rich club of Bo Sanchez. I wanted to gain financial freedom. I’m tired of running in a rat race. I took 100% responsibility of my destiny, I may not belong to a rich family, I may not be a millionaire right now..but somehow someday, i hope that my dreams will be fulfilled.
By joining the Truly rich club, I learned which stocks to choose as well as the right time in buying and selling them. I also learned the principle on how to make the most out of my investments in stocks.
I believe that God planted dreams in our heart.Dreams that will bless us and bless the world. He wants us to prosper so that we can share our blessings to others.