What Your Mutual Fund Manager Doesn’t Want You To Know About Your Retirement

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.

Don’t Eat the Seed Corn

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, two-time NY Times best-selling author, ex-Grand Canyon river guide and a former Lieutenant in the Read more.

The Latte Factor

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.

What’s Your Retirement Number?

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, two-time NY Times best-selling author, ex-Grand Canyon river guide and a former Lieutenant in the Read more.

Payback Time vs. Trading

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.

Investing in Trusts

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.