Rule #1 Finance Blog
investing news and tips
Will There Be a Recession in 2020?
With the current stock market at an all high, one of the biggest question on everyone’s mind is, “Will there be a recession in 2020?”
The stock market keeps on hitting new record highs. It has literally never been higher than it is now, but of course, it won’t stay that way forever.
The stock market works by running in cycles. It goes up, it goes down.
We can’t tell EXACTLY when the market will hit bottom again, but by looking at market cycles, we can get a rough idea of whether for not a recession with happening in 2020. If you are not sure, click here to learn what defines a recession.
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.
My Favorite Investing Resources That I Check Every Day
One of the best things about living in the digital age is the fact that almost everyone has an unlimited source of information available at all times.
The internet has been a game-changer for investing resources, enabling people like you and me, to learn everything there is to know about investing all without ever leaving their house.
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.
Money Traps to Avoid in Your 50’s
Every phase of life has its own set of things that you should avoid.
If you’re in your 50s and nearing retirement avoiding these money traps is especially important. The last thing you want to do is trip now when you are so close to the finish line.
With that said, let’s talk about money traps to avoid in your 50s.
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.
Investing Expectations Vs. Reality
Few people in the world TRULY understand investing. This means that there are a lot of misconceptions about it that have been perpetuated for a long time and cause a distance between investing expectations and reality.
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.
How Warren Buffett’s Favorite Things Made Him Rich
When you invest in the things that you understand and are passionate about, the entire investing process is simplified, making it easier for you to navigate the various decisions that must be made along the way. This is a concept that Warren Buffett has used to become a billionaire, and it’s something that he continues to abide by to this day.
In every sense of the phrase, Warren Buffett’s favorite things have made him rich.
Let’s look at Warren Buffett’s stocks and just how he has used his values and his passions to earn money through investing. Consider these examples as inspiration for what can be achieved when you invest with your values.
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 Best Investing Advice I Ever Got
Before I ever invested a single penny, I worked as a river guide making barely enough to keep a roof over my head. When I got the opportunity to learn how to invest, let me tell you, I jumped on it, and I’ve done pretty well for myself. I’ve gotten and given a lot of investing advice over the years but today, I’m going to give you the best I’ve ever gotten. I hope it’s as helpful for you as it was for me.
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.
Investing in IPO Stocks: Everything You Should Know
2019 is the year of IPOs, with numerous high-profile companies going public in the past few months.
The question on many people’s minds is: are these companies worth the investment?
Let’s talk about what IPO stocks are, some of the most recent IPOs and whether or not you’re missing the boat on buying Lyft, Uber or Snapchat.
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.
Does an Inverted Yield Curve Mean Recession is Coming?
If you’ve been paying any attention to the market recently, you’re probably wondering if or when a crash is going to happen. I completely anticipate a pullback soon. We’re in a record-long bull run on the market.
We’re due for a storm…
It almost happened in 2018 but didn’t, it might happen in 2019 or in 2020, but it’s coming. In fact, one of the major indicators of this might be the inverted yield curve.
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.
How Fear Impacts the Stock Market
When your retirement savings are on the line, if you’re just starting out, or if you’ve been investing for a long time… you can be seriously impacted by stock market fear when making investment choices.
It’s a fact of life that people are emotional. And for good reason, they want to protect their nest egg.
But…
Emotional people don’t make the best investors. So, we need to figure out how to not let fear impact our investing.
As Warren Buffett said, “If you cannot control your emotions, you cannot control your money.”
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.
2018 Recap & 2019 Stock Market Predictions
With 2018 coming to a close and 2019 right around the corner, it’s time to take a look at what happened over this past year and what investors can look forward to in the coming year.
With that said, let’s dive into the recap of 2018 and the outlook of 2019 with some “thin” stock market predictions.
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.