Rule #1 Finance Blog
how to invest
Determining when you should sell a stock may seem tricky, but it is actually really simple.
Warren Buffett says that the ideal investment is one that you can hold onto forever, growing your money for as long as you own it.
However, Buffett and every other successful investor also know that there are times when selling a stock is the best path forward. So, the question is when should you sell a stock? Read more.
For many people, there seems to be a divide between knowing that investing in stocks is a prudent financial decision and knowing how to invest in stocks. Without a doubt, the stock market can be incredibly confusing to the uninitiated, and for many would-be investors that confusion is enough to scare them away from investing. Read more.
Figuring out how to invest money can be a real challenge. And I’m sure you’ll agree with me when I say: There’s certainly no shortage of information on investing available in the digital age. However, too much information can be overwhelming. Right? That’s why we made a guide to help you get a solid grasp of Read more.
What comes to mind when you think of a millionaire?
If you’re like most people, you probably think fancy cars, an elaborate mansion, and a frivolous, over-the-top lifestyle.
In reality, the real lives of most millionaires are much different than our stereotypes would suggest.
Let’s clear up some of these misconceptions and a look at some of the most common millionaire lifestyle myths to uncover what the life of the typical millionaire is really like.
People often say they could never be successful investors… But Phil, I’m not smart enough! But Phil, I don’t have a background in math or finance! But Phil, I could never do better than the market! I want you to know that it is possible. How do I know that? Because EVERY successful investor got Read more.
It’s truly been a great joy in my life being able to work with my daughter, Danielle, and teach her investing. I find her intelligence and unique take on investing vital to keeping my own investing practice current. Read more.
Warren Buffett is quite the investing legend (and our favorite Rule #1 investor), building a net worth of over $87 billion dollars over his wonderful life.
We can learn a lot about the way the “Oracle of Omaha” lives his life. His wisdom, from his quotes to his life, inspires us daily to be better investors and make the world a better place for us and our families. Read more.
When it comes to learning how to invest, many people don’t know where to start. To them, the stock market is a risky place where you gamble your money…
This couldn’t be further from the truth.
In fact, the stock market is the single best method someone can use to grow their wealth and retire. Read more.
Investing is not something that comes easily to everyone overnight. It’s something that you need to work at in order to feel more confident in.
When it comes to the stock market, investor confidence is very important.
The best thing you can do to become more confident and rational when you invest is to really understand what you’re buying.
Having confidence as an investor helps you to make better decisions when owning a stock over time while allowing you to really understand what is going on at a specific moment in time. Read more.