Sunday, 30 April 2017

Overcoming Failures

Sometimes it's hard to accept the failures in our lives. We failed in exams, lost jobs, businesses went bankrupt, broken hearted and failed from others expectation.

I suffered from many failures, and recently my company went bankrupt and workers lost their jobs. In addition, I'm still on exit waiting for my visa while my wife is due to deliver a wonderful baby anytime. Consider me as your failure guru.

How to overcome those failures?

Here are my three tips:

First, learn from those failures. You will only become victorious, if you learned and committed not to do the same mistakes again.

Second, make a decision. Be firm and stand still. You need to look at the wrong decisions made, and start making a decision to start all over again. Reboot your life.

Third, gratitude. Still you can be greatful to lighten the burden of failures. Appreciate that you have a wonderful family, a loving wife, a healthy babies, and there will be a promising career and better future waiting ahead.

The most important tips not included is to " Commit Yourself to God" and everything will be fine.

Failures and defeats make us weaker in a moment but makes us stronger in the future.- chink+

Sincerely yours,

Jonathan Ruiz CPA, MIB
Newbie Mentor

Saturday, 15 April 2017

Heal Yourself First

Sis; I think you can be a healing therapist. You can help and heal others on their past hurts.

Jonathan;  Why do you think I can be a healing therapist?

Sis; You have a lot of experiences in different fields, failures in the past, travelled in many countries, change many jobs and you are able to give good advice.

Jonathan; Wow, I have this gift of healing from holy spirit.

I'm thankful and greatful that I was able to spend my holy week in Rome. Relatives and friends visited us and " kwentuhan to the Max" and " Food Galore". I was able to reminisce and reflects on my past. I realized that I'm blessed.

I will be having a second baby next month and relatives gave clothes and shoes. Every time I will visit Rome, there is always blessings to count.

How about you? I hope you are reflecting and praying this time of the year. Heal yourself.

Hopefully I will have my visa next week going back to UAE. I'm missing my wife and Baby Athena.

Have a blessed Easter Sunday.

Sincerely yours,

Jonathan Ruiz CPA, MIB
Newbie Mentor

Friday, 14 April 2017

Is it time to get out of the rat race?

9-5 working hours are not the trend anymore. The power of internet make things easier to entrepreneurs to work less time and more freedom.

Is it really the time to get out of the rat race?

My answer to this question is " Yes".

There are 3 important tips that you can apply in your life to get out of the rat race.

First, Blogging. This is one of the popular ways to get out of the rat race. Blog about your passion and build a following around this passion. Start making money thru selling digital products such as ebooks, online courses, one on one mentoring etc. etc.

Second, Affiliate marketing. This can be a legit multi-level marketing, pyramiding or direct selling business. You can start this business on the side even at home thru posting to your social media accounts and shout " Power ". Caution : Pick only those registered with SEC and legitimate companies.

Third, Passive Income thru Investing or Trading on Stock Market. This tips require time and efforts to learn. We can earn thru dividends, capital appreciation , and short term trading. You need to pick your style that will fit your lifestyle. For 2017, I chose to be a passive investor without putting much effort on monitoring stocks.

You can get out of the rat race if you can master one of those tips above. Focus on one of them and you will be able to see amazing results. 

I will see you on your financial success.

Sincerely yours,

Jonathan Ruiz CPA, MIB
Newbie Mentor


Tuesday, 11 April 2017

Is it Okay to Sell my MBT @ 10% Gains?

This blog post is dedicated to a newbie asking, Is it Okay to collect 10% gains from MBT (Metrobank)? At the current movement of PSEi with 7.2% up from March and still continuously rallying, I was reminded by this question that I'm holding MBT in my stocks portfolio with 15% gains:


The question "Is it Okay to Sell @ 10% Gains?

Let me share 3 important considerations in selling a stock with 10% gains:

First, Contentment. If you are trading and trying to catch short term gains then answer is "YES". You can collect  the 10% gains. If there is a stop loss there is also a " stop gains" (my own term) you should always have a trading gains at a specific target price, it can be 10%, 15% or 20% depending on your set trading gains.

Second, Original plan. From the time you bought a stock then you must know what is your original plan. Is it for short term or long term? Is it a fund for retirement or wedding day? If you are a value investor, you might stick and keep this stock at your portfolio for long term. I will say "No", don't sell yet, I can still see an upside for long term. My target price is 95.

Third, Reinvest. Yes, you can sell it and reinvest the gains in other stocks. Different strategies but same goals, " to earn and collect gains". Some of us will still have a bleeding portfolio but the bull is running the show.

I hope you learn something from this blog.

Sincerely yours,

Jonathan I. Ruiz CPA, MIB
NEWBIE MENTOR

Saturday, 1 April 2017

5 Important Financial Principles

Retirement and brighter future are main focus of most OFWs . I had this conversation with a retired OFW while waiting for our flights to Rome. She started telling her life story and how she achieved the comfortable retirement life.

I got this 5 important financial principles from our conversation;

First, spend less than you earn. Always keep something for yourself. Some of her friends spend money for branded clothes and attended every party possible while she keeps her lifestyle at minimal spending. She quote, " at my retirement I can spend money for whatever I want and reap the benefits of my hardships, living in 3 floor mansion and I'm travelling as a  tour guide for my grand sons and daughters in US and Europe.

Second, build a pension fund. She's receiving pension from Italian and Philippine government. She worked as a public teacher for 20 years in the Phils while COLF in Italy for 30 years. She got a separate insurance funds for her health and retirement savings account.

Third, limit your borrowing. Don't borrow money without a reason and urgency. You can retire easily if there is no debts that will bother you every night.

Fourth, think twice and research before making the investments. She mentioned that she invested on her daughter's remittance centre. Don't invest on a business without knowledge on the field.

Fifth, important things cannot be bought or sold. Always keep a quality time for your families and friends. Don't trade off money for family time.

There are different paths to retirement but pick the one that fits your risk and investment style.

Sincerely yours,

Jonathan Ruiz CPA

Newbie Mentor



Savings Plan for Financial Freedom

I’m reading the book of Robert Kiyosaki, Guide to investing and his elaborating the goals of every individuals accordingly in this order: ...