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Are You Willing to Sacrifice and Wait for Your Dreams?

Are You Willing to Sacrifice and Wait for Your Dreams?

We all have dreams. As a family man and a father to be, I dream that I can provide enough for my family to live comfortably everyday, be with them in every important moments in their lives, go to places I have never been and retire from being an employee in the future. I know all people have dreams like me. We all dream to live a better life. The only difference is, are we doing enough to make this dream into a reality?

I value investing and delayed gratification to pursue my dreams. I know a lot have to be sacrificed for a greater good in the future.

I can buy my dream house, but I chose not to. Thinking that if I will spend Php 5 million loan to finance my dream house today, I’m exchanging my lifetime goal of retiring young and rich.

house

Philequity PEFI fund has an average annual growth of 23.28% in the past 10 years as of today April 5, 2013. By putting my money instead on this kind of investment, my money would grow up to Php 32 million in 10 years. By then, I will take Php 10 million out of it and build my dream house. The rest, I will keep it invested. With interest alone, I can get around Php 400K monthly allowance without touching my principal amount of Php 22 million.

I can buy a car, but I chose not to. Thinking that if I will spend Php 1 million today, I’m exchanging my lifetime goal of retiring rich. By that time, I can buy any cars that I want…yearly.

car

By investing Php 1 million in mutual fund, you can get around Php 8 million in 10 years. By then, I can buy any car that I want and change it even yearly.

I can travel the world with my wife, we have the means to do so. But knowing that by saving and investing first, my Php 400K today will be around Php 3 million in 10 years. We can travel anywhere we want by then.

travel

We went to Europe last 2012 and we spent around Php 400K in a 2 weeks travel. But if we will invest it first, it could be around Php 3 million in 10 years. We can visit a lot of places by then.

I can drink Starbucks coffee, but knowing what I can have by not doing so and instead opting for a Nescafe 3 in 1, I’d rather not too. The money I can save in 10 years will be enough to franchise a business.

coffee

In 10 years, my investment can grow up to half a million pesos. By then, I can buy franchise business to keep my money working hard for me.

(Mutual funds doesn’t guarantee any fix annual rate of return. They might perform higher or lower from the past. We can only check their past performances.)

Dream without action will always be a dream. Start with small things and make your dream a passion worth pursuing. You can accomplish all of this if only you are willing to sacrifice and wait for a better future.

P.S. A year ago, I do not know anything about investment. Then I joined Truly Rich Club by Bo Sanchez. It was the best decision I ever made in my life. Brother Bo is a spiritual preacher and at the same time, financial literacy advocate whose purpose is to help people become rich in order to serve the LORD with the money that they have. He guided me along the way, explaining how I can manage my money and make it work hard for me. Now I’m investing in stocks and mutual funds and have a clear path for my future. Soon I’ll open UITF account as well. All are made possible by his guidance and teachings on every steps to become an investor. Being OFW isn’t forever, this is my EXIT PLAN. It’s amazing how his teachings change my life. I’m inviting you to join the club too, JOIN TRULY RICH CLUB. If you have any question, feel free to leave your comment below. CLICK HERE TO JOIN

About Richard Macalintal

Hi my name is Richard. I am a Registered Financial Services Consultant in Singapore. If you have any queries or you need help on your insurance policies and investment linked products, feel free to message me :-) We can have a cup of coffee while I do financial review and give advice with regards to your finances :-) Contact me thru email rlmacalintal(at)yahoo.com or SMS me +65 82235186. Disclosure: I am a Financial Consultant of AIA. The statements or opinions expressed on this site are my own and do not necessarily represent those of AIA.

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