Phil presents a get rich patiently plan I used to find stocks and business confusing Phil explains the basics helped me build a foundation I was introduced to basic tools chapter 12 that I use to create returns of 3% monthly Figure that as an annual return and you have the math reuired Attend the free seminar Yes the seminars are free If you are looking for a step by step guide to start investing
in the stocks and gain financial freedom through financial literacy this is definitely a good place to start As I am the stocks and gain financial freedom through financial literacy this is definitely a good place to start As I am to have attempted the methods I cannot speak to its success However it has definitely put me in a much better place in which I can try investing without simply gam I really like this guy He knows what he s talking about and this book although a little dated now has all the information needed to start researching and investing My only issue is I can t use yahoo and msn like he explains but that s because of when this was written and there are other free websites you can find to get the info as well Great book that was my introduction to investing A friend initially loaned me the book and I liked it so much I bought it and have since loaned it to others who expressed even the slightest interest in investing Everything Phil mentions in this book is accurate but the trick is finding a company that actually fits the criteria The methodologies limit you to established companies with 10 years of financials so it isn t applicable to new companies or industries Also the book is a little outdated now in terms of where you can go to find the financials and is targeted towards the American investor but as a Canadian there is still a lot of value in here I saw Phil Town live at a Tony Robbins event earlier this year and was im. 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 ob 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.
characters Ô PDF, eBook or Kindle ePUB free ↠ Phil TownOp It worth the price For starters Phil sorta comes across as a 1990 s tony comes across as a 1990 s Tony infomercial It s a good primer
the market for the absulute beginner He explains fundamental and technical analysis well but 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 I don t like the following1 Most if not all calculation examples with actual stocks cannot be verified because there isto the market for the absulute beginner He explains fundamental and technical analysis well but
No Way To Verifyway to verify 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 book Yeah the book is in average fairly good make investing look so easy which is a lie as in follow my formula and you never fail you will also get the sobbing back story on how he was passed the secret to investing from saving some wallstreet investors lifeThe book barely has any meaty good info is always left hanging in the air for you to figure it out which will lead you to his website to buy his tools and go to his 400 course and spend 3 days getting overwhelmed with info and later get a phone call being offered coaching for 10000Do yourself a favor this is another guy that is getting rich by telling you how to get rich trading stocks Learn about Index Investing get some ETFs invest on those and save yourself the time and money of going through this boo. 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. Pressed by his presentation skills his concept on investing and the simplicity in which he explains the processHis
book Rule 1 demonstrates the same simplicity and straightforwardness and is truly anRule 1 demonstrates the same simplicity and straightforwardness and is truly an read even for someone who has never invested in the stock market before I finished this book within a weekend and feel like I have learned so much about choosing the right investment and not feeling like I need to pour my life savings into something riskyPhil Town goes into detail on exactly how to select the right company to invest in how to analyze the figures and statistics and when to buy and sell to take full advantage of any type of market whether Bull or Bear Along with his web site and the tools available there to help you analyze your potential investments I feel like I am now prepared to invest using Rule 1 to make higher returns and secure a comfortable retirement for my wife and II urge anyone looking to start investing in the stock market to read this book and refer back to it often as it contains a common sense approach and honest statements about those wishing to invest your money on your behalf 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 Phil explain in a comprehensive way the strategy that made Warren Buffet and Charlie Munger rich It s a perfect book for novices investors I recommend everybody to attend Phil s 3 days worksh. 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.