Rule #1 Finance Blog
how to invest
Why There Should Be More Female Investors
It’s safe to say that Wall Street and the financial marketplace is largely male-dominated. Women only run 2% of hedge funds and there are only a handful of top female managers. When we think of the world’s greatest investors, we think of Warren Buffett, Charlie Munger, Benjamin Graham, Mohnish Pabrai… and no women. There definitely need to be more opportunities in investing for women.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and 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.
Don’t Get Caught In the Dollar Cost Averaging Trap!
Dollar Cost Averaging is the practice of buying a certain number of shares in a given stock periodically, so you buy a certain dollar amount of shares regardless…
Why Diversification is for the Ignorant
A word you will hear time and time again in the investing world is diversification. Diversification is the idea of creating a portfolio that includes multiple investments in order to reduce risk. Someone who is an entrepreneur might think it best to lower his risk and have 100 businesses, rather than focus on one or two. Most people over-diversify. The split their money into hundreds of stocks in hopes of making a great return. If you know how to invest, you don’t have to diversify.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and 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.
Tips For How to Start Investing After Retirement
In today’s day and age, the average lifespan of humans is increasing steadily. Medical discoveries are made every day, allowing people to live long, healthy lives. The downside? People may begin to outlive their retirement savings. Investing after your retirement is the solution.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and 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.
Why Invest? Because Annuities Won’t Cut It
Investing your money generates more money by earning interest on what you put away. When you take the time to learn investing basics, there is less risk involved. You learn to choose stocks that will generate more money for you in the future.
Bottom line: the best way to make money without working for the rest of your life is to invest.
However, people often see annuities, a sum of money invested to produce a monthly income for a fixed period (or for life), as more attractive than investing in stocks. Especially when interest rates move higher.
In reality, annuities are not so simple.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and 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.
Fundamentals of Investing: Warren Buffett’s 2013 Letter
In the 2013 Berkshire Hathaway Chairman’s letter to shareholders, Warren Buffett writes about “certain fundamentals of investing.” These fundamentals form the nucleus of the Rule One investing philosophy.
Because of this, I’ve included selections from his letter regarding these key points, along with my own comments. I hope my thoughts help to amplify the point he’s making.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and 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.
In order to set the stage for your success, you’ll have to eliminate any bad debt you may have head-on.
You may be asking yourself, what is bad debt? Let me explain.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and 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.
Learn How to Invest and Retire Early
Why do you want to learn how to invest?
Most people want to start investing because they want to retire or retire early. Others want to be able to cover their medical bills, or pay for their children’s college, travel, or have extra money later.
No matter what your reasons, or where you are in life, learning how to invest is the best way to secure your financial future and that is exactly what I’m going to show you in this post.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and 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.
The Power of Waiting Until Stock Prices are Just Right
Charlie Munger said, “You don’t make money when you buy and you don’t make money when you sell. You make money when you wait.”
That assertion is so powerful that it is easy to overlook how critical it is. The whole idea of Rule #1 Investing is buying a stock low, and selling it high. But, the key here is that you’re doing nothing most of the time. In this video, we’re going to talk about just how powerful waiting is and why professional fund managers just can’t afford to invest like this:
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and 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.
Invest as Much as You Can Into This
I think one of the reasons that I’ve done well as an investor is that I learned from my mentor to focus on just one thing: Will the thing I’m investing in be worth more in ten years than it is today?
So it might not be much of a surprise to find out that I look at my life the same way: Will what I’m doing with my time make me worth more in ten years than I am today?
And I don’t mean just financially…
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and 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.