free read Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!
review Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! Ø eBook or Kindle ePUB In this book self made millionaire Phil Towns will show you how he turned 1000 into 1 million in only five years and then proceeded to make many millionsBefore I became Phil Town teacher of investing principles to than 500000 people a year I was a lot like you someone who viewed individual stock investing as way too hard to do successfully As a guy who barely made a living as a river guide I considered the whole process pretty impenetrable and I was convinced that to do it right you had to make it a full time job Me I was interested in having full time fun So I was tempted to do what youre probably doing right now letting some mutual fund manager worry about growing your nest egg Let me tell you why that decision could one day make you absolutely miserable The fact is because of natural market cycles the mutual fund industry is likely to soon be facing twenty years of flat returns That means that if youve. I don t like the following1 Most if not all calculation examples with actual stocks cannot be verified because there is no way to verify the prices used in the calculations with the stock historical data2 The author wastes a lot of book space to explain the use of Rule 72 which might have been useful in the 1800 s but today he should have explained in a paragraph or two how to get to a accurate result using a simple Excel function which takes about 5 seconds to enter the data and click for the immediate result3 There are many calculations typing errors throughout the bookfree read ô eBook or Kindle ePUB õ Phil Town
review Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! Ø eBook or Kindle ePUB Got your nest egg tucked away in fundsespecially the type found in most 401ksyour egg wont get much bigger than it is now Translation Get ready for a retirement filled with lots of cold cuts plenty of uality TV watching time and a place to live thats too small to accommodate your visiting kidsI came to investing as a person who wasnt great at math possessed zero extra cash and wanted a lifenot an extra three hours of work to do every day Fortunately I was introduced to The Rule Rule #1 as famed investor Warren Buffett will tell you is dont lose money Through an intriguing process that Ill clarify in this book not losing money results in making money than you ever imagined What it comes down to is buying shares of companies only when the numbersand the intangiblesare on your side If that sounds too good to be true its because the mind set Ill be introducing you to leads not to bets but to certainties Beli. For starters Phil sorta comes across as a 1990 s Tony Robbins infomercial It s a good primer to the market for the absulute beginner He explains fundamental and technical analysis well but some of his methods are downright dangerous Could you imagine a late to late middle age couple betting their nest egg on one stock His advice to don t diversifiy goes against common knowledge and wisdom
Phil Town õ 3 read & download
review Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! Ø eBook or Kindle ePUB Eve me if there were anything genius level about this Id still be a river guide collecting unemployment much of the year Part of the secret is thinking of yourself as a business owner rather than a stock investor Part is taking advantage of todays new Internet tools which drastically reduce the homework factor Were talking a few minutes tops Part is knowing the only five numbers that really count in valuing a potential investment And partmaybe the most important partis using the risk free Rule #1 approach to consistently pay a mere 50 cents to buy a dollars worth of a business What I wont waste your time with is fluff a lot of vague parables reminding you of what you already know and leaving you exactly where you started This is the real deal folks a start to finish one baby step at a time approach that will allow you to retire ten years sooner than you planned with creature comforts than you ever imagine. A great read I have been following Phil for a year now and love is stuff I started with his youtube channel and then the pod casts then ordered this book Its is fully of great examples and in the later chapters tells you how to value a company step by step A must have for any valuerule one investors The only thing I still need to learn how to be patience and not use my emotions investing I am looking forward to getting the next book
- Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!
- Phil Town
- 08 February 2020