Rule #1 Finance Blog
With Investor Phil Town
Over the past couple of years, I’ve hosted a podcast called Invested with my daughter Danielle. Danielle had spent her life avoiding the stock market for fear of losing the money that she worked hard for and I set out to teach her how to invest.
I’ve never feared investing like Danielle did and through recording the podcast, we realized that many people also share the same fears as her. Read more.
$1,000,000 is a common benchmark when it comes to retirement goals, and many resources will recommend this number as how much you should save before you retire.
However, while a million dollars may sound like a great goal to strive for, the truth is that a million probably isn’t going to be enough for you to live a comfortable and enjoyable retirement. Read more.
For two years, I’ve co-hosted my podcast Invested with my daughter Danielle. Over the course of the podcast, we’ve covered a wide range of investment topics, strategies, and analysis. Yet as questions and comments continued piling in, we both felt that there was so much more information that we could offer. With that said, Danielle Read more.
Sometimes, after the holidays, a wedding, a big vacation, or any occasion that requires big spending, your financial house can get out of order and stress you out.
Or perhaps your bank account has been sitting at zero or in the red for quite some time and you want to start saving big.
Remember, bad debt should always be paid off first and it’s always a good idea to have money available at hand in a savings account. Read more.
The holidays are a great time to be thankful, spend time with loved ones, review your year, and show gratitude for all of the blessings you’ve had throughout the year. I always have a lot to be thankful for. I’m thankful for my beautiful wife Melissa, my family, my Rule #1 team and coaches, my Read more.
There are many different types of investments that you can put your money in. All of them have their upside and downsides. Gold, real estate, bonds, and stocks are just a few examples of investment types. You’ve probably come across a few of these in researching what to do with your money. Let’s get into what they all mean and what you can do with them.
Learning to invest is like learning to speak new language. Many people find investing and personal finance confusing because of the confusing investing terms. Read more.
When it comes to investing, Rule #1 investors take a similar approach to billionaire Warren Buffett’s views. It’s only fitting that some of my favorite investing books are also some of Buffett’s as well. Buffett can power through 500 pages a day and says that reading is the most important part of his job. Read more.