One of the key strategies for growing wealth is to minimize taxes on your money. When it comes to saving for retirement, the more capital you have, the more interest you gain. The following are some tips on how you can save on taxes and grow your retirement at the same time. Phil Town Phil Read more.
By 2030, nearly all baby boomers will have passed retirement age, but how many of them are actually prepared to retire comfortably? We discuss the most common ways people save their money for retirement, how different generations have different views of saving, and how much you’ll need to save to retire in the future. Phil Read more.
Let me ask you a question… Are you confident that your retirement will last? The truth is, for millions of people approaching retirement, it won’t…and that’s a scary thought. Fortunately, there is a way to make your retirement fund work for you and have enough to retire in 20 years, even if you think that Read more.
Brendon Burchard is a good friend of mine. He's clearer about how to create a a great business and a great lifestyle and how to use internet marketing than anyone I know. And he's just written a new book that he's letting me get out to you guys for free so you can report to Read more.
A lot of people spend all their income on living expenses and, as a result, don’t have enough to retire today and won’t have enough to retire tomorrow, either. Phil Town Phil Town is an investment advisor, hedge fund manager, 2x NY Times best-selling author, ex-Grand Canyon river guide and a former Lieutenant in the Read more.
There is a common belief amongst many financial pundits that all you need to do to get rich is look at the small things you spend your money on every day and see whether you could redirect that spending to yourself. Putting aside as little as a few dollars a day for your future rather Read more.
In his book The Number, Lee Eisenberg tells us that, “the Number represents the amount of money people will need to enjoy the active life they desire, especially post-career.” Phil Town Phil Town is an investment advisor, hedge fund manager, 2x NY Times best-selling author, ex-Grand Canyon river guide and a former Lieutenant in the Read more.
I love a thoughtful email and this is a good one (see below). John has been doing some thinking and digging and wants to know why we shouldn't buy and hold a wonderful business we buy on sale instead of trading it. Its such a good Rule #1 question, John, that I wrote a whole Read more.
Here's another recent comment from the Phil Town blog, dated July 22: I am a real rookie, and novice and have a quick question. With an income trust (YPO.Un) is distributable cash per share (payments made monthly per share -dividends?) the same thing as earnings per share? Thanks Mitch Phil Town's answer: Mitch, Cash flow Read more.
For those of you managing your funds with long-term tools: Hi Phil, I'm using Rule #1 charting on our Mutual Funds because we are not allowed to transfer our 401k to a self-directed IRA unless we quit our jobs. My question is, what do you do when the indicators still say buy but you are Read more.