Get Started Investing With These 10 Steps

It’s never too early to start planning for the future and learning how to invest.

The most important thing you can do is get an investing education first. Learn the basics of the stock market and if there is something that you don’t quite understand, ask. A good place to start is by reading Rule #1. It gives a great foundation to investing principles used by Warren Buffett and other great investors.

In this video I explain the first 10 steps you should take when you get started investing.

It will help set your foundation for becoming a great investor in the near future.

Remember what you’re trying to do here…

You’re going to try to buy $10 dollars of value for $5 dollars.

Understand that Rule # 1 is “Don’t Lose Money,” but what it means in practical terms is to invest with certainty. Certainty comes from this: Buying a wonderful business at an attractive price.

If you follow these 10 steps when you start investing you’ll do just fine in the stock market. You’ll be able to outperform 90% of all of the professional fund managers who invest for a living.

I’ve created a downloadable must-have investing checklist that outlines the everything you should check off before investing in a company. It will make your investing much easier and organized.

 

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About Phil Town – Phil Town is an investment advisor, hedge fund manager, two-time NY Times best-selling author, ex-Grand Canyon river guide and a former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence. You can follow him on google+, facebook, and twitter.

  • Gary Schantz

    when did using the toolbox become a subscription? I used this calculator for a few years but I stopped last year…and I don’t recall paying for it.