You need character.
You need spirituality.
To be multimillionaire investors, you need these five powerful virtues:
1. Patience
Impatience causes you to make very bad decisions. When you’re impatient with your child, you scream
and say to him, “You’re so stupid! You’re so foolish!” Words that you’ll regret later.
In the same way, when you become impatient with your stock market earnings, you make bad decisions
too. You fall prey to “tips” that your friend or neighbor gives to you.
Be patient! If you keep investing each month following SAM, in due time, you’ll become a multimillionaire.
2. Gratitude
You might hear your officemate earning hundreds of thousands from a penny stock.
It’s very tempting to put your money in crazy stocks that go up 30 percent in one day!
But my stock market guru says, “Don’t envy these gambler-traders. Their aggressive strategy guarantees
that they’ll lose it all in one day.”
Here’s a fact: They will lose their money as fast as they got it.
Be grateful with your small but steady earnings in the stock market.
3. Discipline
A few people are getting bored with my advice.
But the boring investments are where you win. Discipline means being boring as the sun. The sun is up
every morning. How boring can you get?
But that’s how multimillionaires are made.
Each month, invest your small amounts in our giants.
That’s it!
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4. Simplicity
Some people who earn money in the stock market withdraw their money and buy a new cellphone, iPad,
car...
Believe me, you’ll never grow your retirement fund if you keep doing this.
Live simply. You’ve heard people say, “Live within your means.” That’s not enough. You need to live
below your means, so you can grow your millions for your retirement.
Be happy with simple things.
5. Love
Why desire to create wealth?
Do it because you love. Do it because you want to share your wealth to others. Do it because you have a
dream to serve God.
Greed may make you wealthy, but you’ll never be happy.
This article was just an excerpt from Bo Sanchez' monthly stocks update issued last July 22. To receive Bo's complete report of this monthly stocks update, join the Truly Rich Club now!
