Financial Knowledge for the Holidays

Merry Christmas and Happy Prosperous New Year!

Giving the gift of financial intelligence is one of the most valuable gifts you can give this holiday season, whether its to others or yourself. A gift that can provides returns for a lifetime.

Rich Dad Robert Kiyosaki is offering up to 30% off this holiday season on his various financial intelligence programs.

Whether you're brand new to investing or ready to take the next step forward, you can count on Rich Dad to provide the educational resources you need to keep raising your financial IQ.



One of the best ways to build your financial IQ is to learn by experimentation. For a limited time you can enjoy Rich Dad package savings by putting together your own collection or obtaining a Rich Dad Package.


The Young Investor

Generations of children have grown up without the right financial education. Teach them how money really works with these fun and entertaining Rich Dad tools just for kids.


The Silver Investor

A powerful, affordable set of Rich Dad essentials that gives new investors the knowledge they need to succeed.


The Classic Investor

Our most popular gift collection ever! This hand-picked holiday bundle gives you and your loved ones ALL the favorites that started the worldwide Rich Dad revolution.


The Gold Investor

An upgraded set of Rich Dad learning resources that builds on the basics…and helps take your financial IQ to the next level.


The Platinum Investor

Collectible volumes personally autographed by Robert, Kim and Donald Trump, plus expanded media content. Package also includes Rich Dad’s latest release, the “Live & Uncensored Seminar Highlights DVD,” featuring over 4 hours of the “best of” footage from Robert’s most recent live seminar… truly the ideal gift for the ultimate Rich Dad fan in your life.

Click here to attend our Business Building Seminars and learn do and teach the gift of financial intelligence.

Rich Woman Kim Kiyosaki

Rich Dad Robert Kiyosaki's Wife. Kim Kiyosaki



With a passion for educating women about money and investing, Kim Kiyosaki draws on a lifetime of experience in business, real estate and investing in her mission to support financial education.

She is a sought-after speaker, television and radio talk show guest, the host of a PBS ‘Rich Woman’ show as well as a columnist for WomanEntrepreneur.com.

She is a self-made millionaire and a happily married (but fiercely independent) woman. Her first book, Rich Woman – A Book on Investing for Women – hit the Business Week bestseller list the month it was released. Rich Woman is a bestseller in Mexico, South Africa, India, Australia and across Europe.

Kim has used the international forum of the Rich Dad brand to showcase the startling statistics related to women and money, and through Rich Woman and www.richwoman.com, has created a community where women can learn and grow.

Kim Kiyosaki entered the business world in a position with a top Honolulu advertising agency and by age 25 she was operating a Honolulu magazine that served the city's business community. It didn't take long for Kim's entrepreneurial spirit to surface and two years later she ventured into her first business: A clothing company with national distribution.

Not long after launching that company, Kim joined Robert Kiyosaki as a partner in a company that taught entrepreneurial business throughout the world. That business grew to support 11 offices in seven countries, presenting business seminars to tens of thousands of attendees.

In 1989 Kim began her real estate investing career with the purchase of a small 2-bedroom / 1 bath rental property in Portland, Oregon. Today Kim’s real estate investment company buys, sells and manages millions of dollars in property.

Kim and Robert, who married in 1986, sold their education seminar business in 1994 and 'retired.’ In 1997, Kim and Robert founded The Rich Dad Company that would take the Rich Dad® message and mission of financial literacy – through books, games, and other educational tools – to international recognition and acclaim.

“I wrote Rich Woman because too many women, especially as we get older, are finding ourselves in dire financial straights – due to divorce, death of a spouse or simply no planning. The problem is so many of us have not been educated about money and investing. This book is not about how to buy car insurance or save pennies at the grocery store. I think we women are a little smarter than that. Rich Woman is about women taking control of our financial lives, instead of crossing our fingers hoping that someone else is looking out for our financial futures.

I wrote Rich Woman because I believe the world would be a better place
if there were more Rich Women.” -Kim Kiyosaki

Click here to attend our Business Building Seminars and be a rich woman or man like Robert and Kim Kiyosaki.

Bangko Sentral ng Pilipinas Meeting Dec 18

The Bangko Sentral should be lowering rates when the meet December 18, as the rest of worlds Central Banks have been doing to fix the global financial crisis that's plaguing the global markets right now. The lowering of interest rates are normally positive for stocks, and negative for the currency. These economic times are not normal right now so continue to be careful when investing and trading financial risk right now.

The Philippine stock charts are indicating to me we are still in a downtrend longer term. If the BSP does lowers rates, I would be expecting a short to intermediate term low-risk high-reward trade to the upside. Longer term I'm seeing lower prices still. I'm not willing to commit as a long term investor yet. To many financial problems to fix just yet, and good chances there are more coming before its over for awhile.

By Business Mirror

1-year T-bill rate decline shows local investor confidence is back.

LOCAL investors are confident interest rates would soon ease and placed bids that let the one-year Treasury bill rate to fall by 69.7 basis points to 6.414 percent during yesterday’s auction.

What happened helped boost the view that the economy would weather the global economic slowdown better than most economies around the world, according to auction committee member and Department of Finance (DOF) Undersecretary Gil Beltran.

“The bids show the long-horizon bidders are gaining more confidence than their short-dated counterparts,” Beltran quipped.

While the yield on 364-day T-bills dropped, the rate for 91-day benchmark in pricing local loans posted a 42.3 basis-point rise to 6.122 percent.

Beltran said the uptick reflects the sentiment among bidders, as it’s been six months since the Bureau of Treasury sold three-month T-bills.

On balance, Beltran said, the auction results point to a macroeconomic environment that “should generally be better.

“Which means there is more monetary space within which both the Bangko Sentral ng Pilipinas (BSP) and the DOF can work,” he said.

Beltran declined to comment on how the BSP would interpret this development in a December 18 meeting when the market expects monetary officials to decide on policy that covers interest rates.

Soaring inflation and lower output have forced the BSP’s policy-setting board to raise its benchmark rates three times since June for a total of 100 basis points.

With consumer prices in the Philippines going down and inflation on a downtrend, local and foreign analysts anticipate the BSP to reciprocate by lowering interest rates that could boost the potential for economic growth.

On program, Finance Secretary Margarito Teves will pump-prime the economy next year and that will have a significant impact on the deficit, Beltran said.

From P75 billion this year or about 1 percent of the gross domestic product (GDP), the deficit next year will likely hit P102 billion or 1.2 percent of GDP.

A wider deficit was programmed into next year’s budget in response to expectations of a deeper recession in the US, Europe and Japan that could impact the Philippine economy. The programmed deficit could help the economy grow between 3.7 percent and 4.7 percent, Beltran said.

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Weekly Philippine Stock Pick

Philippine Economic News: November Inflation Lower Than Expected

November inflation fell to 9.9% Y/Y from October's rate of 11.2%, the third consecutive month of lower inflation and way below the central bank's forecast of 10.3-11.2%. Slumping global commodity prices translated into domestic price rollbacks for food and energy prices. Thus inflation in food, utilities and services contributed most to the decline in inflationary pressures. However, core inflation inched up to 7.9% in October from 7.8% the previous month.

Slowing food inflation and deflation in fuel prices.

In November food supply was boosted by ongoing rice harvests and the absence of typhoons allowed uninterrupted deliveries of crops from provinces into cities. Price rollbacks at the pump occurred almost on a weekly basis with crude oil prices in free fall. The average retail price of unleaded gasoline at end-November was P40.06/liter compared with P43.95 a year earlier. The corresponding month-end prices for diesel were P36.55 and P37.95. Consequently, inflation in services, which includes transportation and communications, fell to 7.5% Y/Y in November from 10.2% in September. Similar price cuts in LPG and kerosene pulled down inflation in fuel, light and water to 7.5% from 10.7% in the same period.

More price cuts expected.

There has been no let up in the decline of international crude oil prices so more price cuts are forthcoming. As a result, regulated fares for public transportation soon will also be reduced. Agricultural commodity prices are also still falling so retail prices, eg, of wheat-based products will be cut. Lower electricity tariff rates have also been announced. Because these reductions affect goods and services outside of raw food and energy items, core inflation, which has continued to rise even as headline inflation declined, is likely close to peaking. The small 10-bp monthly increase in November is an indication of flattening out.

Flexibility in monetary policy.

The central bank in its November statement said they were still concerned with rising core inflation and a weak peso and so the policy rate stayed at 6%, although reserve requirements were cut to 19% from 21%. With core inflation flattening out and its future direction clearly downwards, it should be a less pressing issue in the next Monetary Board meeting. Meanwhile central banks worldwide are engaged in aggressive monetary relaxation amid a worsening global financial crisis. That has made interest-rate differentials between the Philippines and the rest of the world wider, which should support the peso. This gives the central bank more flexibility and we would not be surprised at a cut in the overnight borrowing rate along with lower reserve requirements.

Weekly Philippine Stock Pick

With the Philippine and global stocks in a bear market downtrend right now its been hard to find anything that might go up in price. Gold and gold stocks might be showing signs of a reversal to the upside from their current down-trends possibly in the short term I'm seeing.

Longer term technically, gold and gold stocks look like if they're going to go lower in price before trying to find a solid bottom of support. Short-term it looks like gold could have quick pop up which I wouldn't expect to last very long at all. A possible low-risk high-reward short-term buy trade could be in the making for gold and gold stocks.

With stock prices much lower than they were a year ago, some may think its time to buy stocks. Never forget the cliche, "the trend is your friend", and to go against it can be financial suicide. The trend right now is still down until the market proves otherwise. One way to try to bottom pick here and protect yourself in case the markets and stocks keep going down in price is to hedge.

Lets say you want to buy Banco de Oro at 22.75 a share, but if the price continues going lower below 21 you want to be protected from a loss lower than 21. You could take stop-loss at 21 or you could short-sell Banco de Oro at 21. Now you are hedged from losing anything further if the price goes much lower. On the other hand, if the price starts going up past 22.75, you won't be making any money yet on the buy long position if your short position at 21 is still open. You need to watch the stock price and when you think the price has bottomed out, close out the short position for a profit, and then wait hopefully the price will go back up or past where you went long. Hedging is a great way to invest and trade the markets, but more attention and management is needed to be applied to it once you are hedged. The tighter the prices you are hedging at is the best. Hedging with a larger spread between your long and short positions makes it harder to manage and profit from.

Click here for the Philippine Stock Exchange PSE Rules on Short Selling

This week I'm putting a short-term buy on Lepanto Mining. It could pop up, and extend gains depending what the price of gold does possibly.

Buy Long Lepanto Mining. Ticker LCB

Buy Entry: .07 to .075

Stop-Loss: .069

Take Profit Area:

.08, .09, and .10

Lepanto Mining Company Profile

Lepanto Consolidated Mining Company (LC) was incorporated on September 8, 1986 and operated an enargite copper mine until 1997, after which, LC shifted to gold bullion production through its Victoria Project. LC also operated a copper flotation plant from August 2000 to December 2001, and restarted it in late 2006. LC sells its gold and silver bullion production to Heraeus Ltd. (Hong Kong) while its copper concentrate production are sold to various traders.

LC and its subsidiaries are involved in other businesses such as hauling, diamond drilling services, insurance, and manufacture of diamond tools. LC has two Mineral Production and Sharing Agreements for areas located in Mankayan, Benguet. The company's subsidiaries are Shipside, Inc., Diamond Drilling Corporation of the Philippines, Lepanto Investment and Development Corporation, Diamant Boart Philippines, Inc., and Far Southeast Gold Resources, Inc.

Click here to attend our Business Building Seminars and create Positive Cashflow so you can be a stock investor.

Click the Lepanto Mining Stock Chart for a larger view.

Time & Health Wealth

By Denis Waitley

Of all the wisdom I have gained, the most important is the knowledge that time and health are two precious assets that we rarely recognize or appreciate until they have been depleted. As with health, time is the raw material of life. You can use it wisely, waste it or even kill it.

To accomplish all we are capable of, we would need a hundred lifetimes. If we had forever in our mortal lives, there would be no need to set goals, plan effectively or set priorities. We could squander our time and perhaps still manage to accomplish something, if only by chance. Yet in reality, we're given only this one life span on earth to do our earthly best.

Each human being now living has exactly 168 hours per week. Scientists can't invent new minutes, and even the super rich can't buy more hours. Queen Elizabeth the First of England, the richest, most powerful woman on earth of her era, whispered these final words on her deathbed: "All my possessions for a moment of time!"

We worry about things we want to do - but can't - instead of doing the things we can do - but don't. How often have you said to yourself, "Where did the day go? I accomplished nothing," or "I can't even remember what I did yesterday." That time is gone, and you never get it back.

Staring at the compelling distractions on a television screen is one of the major consumers of time. You can enjoy and benefit from the very best it has to offer in about seven total hours of viewing per week. But the average person spends more than thirty hours per week in a semi-stupor, escaping from the priorities and goals he or she never gets around to setting. The irony is that the people we are watching are having fun achieving their own goals, making money, having us look at them enjoying their careers.

Even so, time is amazingly fair and forgiving. No matter how much time you've wasted in the past, you still have an entire today. If you've just frittered away an hour procrastinating, you will still be given the next hour to start on priorities. Time management contains one great paradox: No one has enough time, and yet everyone has all there is. Time is not the problem; the problem is separating the urgent from the important.

This week separate the urgent from the important and take action on what is important!

Click here to attend our Business Building Seminars and optimize your time for good health and wealth.

JP Morgan Bullish on Philippines BPO Prospects

By Business Mirror

The financial industry may be facing its greatest challenge but an executive of the local office of JP Morgan Chase & Co., a global financial institution, said despite current conditions, their growth outlook in the country is expected to remain robust.

“It think the financial meltdown is a concern, but it hasn’t affected our growth. There are other parts of the world where are struggling, but in the Philippines, we are strong.” said Barry E. Marshall, vice president and senior country operations officer of JP Morgan’s Philippine office.

He spoke to the BusinessMirror during the BPO (business process outsourcing) Summit Philippines on Tuesday. He noted that it is because of this optimistic outlook that they are still on track in achieving their growth targets for 2009, which involves doubling the capacity of their BPO operations in the country.

According to Marshall, this will increase JP Morgan’s capacity to over 7,000 seats by 2009, and will involve a mix of their call center and financial services operations among other internal backdoor processes.

“We’re confident in the Philippines’ capability to deliver strategic output for us,” he said as he cited the country’s strengths in JP Morgan’s local operations owing to the high level of English proficiency and ready pool of finance and accounting personnel.

The bank executive added that their expansion plans have already been taken into account by the parent company’s recent acquisition of troubled Washington Mutual Bank, then the largest savings and loan in the US, in late September. This gives JP Morgan access to that bank’s strong deposit base and control of an additional 2,200 branches.

JP Morgan is a leading global financial services firm with assets of $2.3 trillion and has operations in over 60 countries that include Asian offices in Singapore, Thailand, Vietnam, Malaysia and Indonesia.

Click here to attend our Business Building Seminars and be a part of building a financially healthy Philippines.

The Gift of Financial Intelligence

As we approach Christmas and the Holiday Season what gifts will you be giving this year as gifts to friends, loved ones, and yourself?

May we suggest you give the gift of Financial Intelligence this year?

Financial Intelligence is a gift that everyone can use over and over that many people never learned yet that can help them and others have a better life into the future.

Robert Kiyosaki is famous for his best selling books "Rich Dad Poor Dad" and "Cashflow Quadrant". If you haven't read these books and even more important acted on what these books teach you to act one, we highly recommend these books first for beginning financial intelligence students. They are available at most bookstores nationwide.

For those who have read those books we recommend the following books that are not as easily available. These books are for anyone poor and middle class to learn do and act on raising their standard of living through small business ownership.

As Rich Dad Robert Kiyosaki says, "The rich build income pipelines, all others are trained to work for and maintain the pipelines". So if you are poor or middle class and you want to be financially free, create business asset income pipelines.

The following books can help you and anyone else to help do just that. A precious gift of financial intelligence that lasts forever. Click the links below to review four books we highly recommend.

Business School

The Parable of the Pipeline

The Magic of Thinking Big

How To Slay The Financial Dragon

Wishing you an early Merry Christmas and Happy Prosperous New Year!

Selling to Today's Customers

What is selling? In its simplest terms, selling is the process of helping a person to conclude that your product or service is of greater value to him than the price you are asking for.

How Markets Work

Our market society is based on the principles of freedom and mutual benefit. Each party to a transaction only enters into it when he feels that he will be better off as a result of the transaction than he would be without it.

The Three Options

In a free market, the customer always has three options with any purchase decision. First, the customer can buy your product or service. Second, the customer can buy the product or service from someone else. Third, the customer can decide to buy nothing at all.

Convincing the Customer

For the customer to buy your particular product or service, he or she must be convinced that it is not only the best choice available but he must also be persuaded that there is no better way for him to spend the equivalent amount of money. Your job as a salesperson is to convince the customer that all these conditions exist and then to elicit a commitment from him to take action on your offer.

Customize Your Sales Presentation

The field of professional selling has changed dramatically since World War II. In a way, selling methodologies are merely responses to customer requirements. At one time, customers were relatively unsophisticated and poorly informed about their choices. Salespeople catered to this customer with carefully planned and memorized sales presentations, loads of enthusiasm and a bag full of techniques designed to crush resistance and get the order at virtually any cost.

Treat Them With Respect

But the customer of the 1950s has matured into the customer of the 21st century. Customers are now more intelligent and knowledgeable than ever before. They are experienced buyers and they have interacted with hundreds of salespeople. They are extremely sophisticated and aware of the incredible variety of products and services that are available to them, as well as their relative strengths and weaknesses of those products. Many of them are smarter and better educated than most salespeople and they are far more careful about making a buying decision of any kind.

The Need For Speed

In addition, they are overwhelmed with work and under-supplied with time. Because of the rapidly increasing pace of change, down-sizing, restructuring and the competitive pressures surrounding them, customers today are harried and hassled. They are swamped with responsibilities, impatient, suspicious, critical, demanding, and spoiled. To sell to today's customer requires a higher caliber of sales professional than has ever before been required. And it is only going to become tougher and more complicated in the months and years ahead.

Action Exercises

Here are two things you can do immediately to put these ideas into action.

First, think continually about how you can convince your customer that your product or service is the very best available. Why does he buy, or refuse to buy?

Second, upgrade your knowledge and skills every day so you can sell more effectively. Remember, your customers only get better when you get better.

Click here to attend our Business Building Seminars and sell to todays customers for your success.

Bonifacio Day

Today is Bonifacio Day Holiday. Enjoy!



From Wikipedia

Andrés Bonifacio y de Castro (November 30, 1863 – May 10, 1897), son of Santiago Bonifacio and Catalina de Castro, was a Filipino revolutionary leader and one of the main rebel leaders of the Philippine Revolution against Spanish colonial rule in the late 19th century. He is regarded as the "Father of the Philippine Revolution" and one of the most influential national heroes of his country. A freemason, Bonifacio was the founder of the Katipunan organization which aimed to start an independence movement against Spain.

Bonifacio was born to a Tagalog father by the name of Santiagos Bonifacio, and a Spanish mestiza mother, Catalina de Castro of Zambales, in Tondo, Manila. His father was a cabeza de barangay (a leading barangay official). His mother died of tuberculosis in 1881 and his father followed suit a year after. According to popular anecdote, he peddled canes and fans to support his family.

He worked as a clerk and sales agent for Fleming and Company, a British trading firm, then transferred to Fressell and Company, a German firm, both in Manila. He married twice - his first wife was a woman named Monica, who died of leprosy, and Gregoria de Jesus, daughter of a wealthy family in Binondo. They were married in Binondo Church, despite her parents' objections.

Bonifacio, though projected by detractors as being illiterate, was in fact highly literate. He was taught Spanish since childhood owing to his mother's ancestry. He was also a fervent reader - his favorites were books on the French Revolution, The Lives of the Presidents of the United States of America, Victor Hugo's 'Les Miserables' (which he translated into Tagalog), and Jose Rizal's 'Noli me Tangere' and 'El Filibusterismo'. Furthermore, the title 'bodeguero' would have the modern equivalent of a warehouse/inventory keeper, a job that would require adequate to above-average intelligence. He also wrote various revolutionary articles, manifestos, and poems, the most famous being 'Pag-ibig sa Tinubuang Lupa'.

He was a Freemason. He also joined Rizal's La Liga Filipina (Spanish "The Philippine League"), a society that called for reforms in Spanish rule. However, the Liga was disbanded shortly after Rizal was arrested and deported to the town of Dapitan in Mindanao a day after the group's only meeting.

After the La Liga was disbanded, Bonifacio realized the futility of peaceful struggle even for mere reforms. He then founded the underground organization that in the coming years would grow and send shock to the Spanish colonial rule and would drastically change the course of Philippine history and would give pride to every Filipino - the Katipunan. With his wife Gregoria de Jesus and his uncle one day in a humble hut in Manila, Bonifacio resolved to change history with just a single pistol in hand for a start.

Click here to attend our Business Building Seminars and have a revolution of financial success for yourself.