Rule #1 Finance Blog
With Investor Phil Town
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. Read more.
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 of the price per share. This investing technique supposedly reduces your risk of investing a large amount in a single stock at the wrong time. You buy Read more.
What are the best small investment ideas to invest $500, $1,000 $5,000 or a small amount of money? If I was going by what the SEC wanted me to tell you, then I would say, “Investing is risky and you can lose all your money.” To that, I would have to add that putting money into Read more.
Here are our top 10 best investment blogs and podcasts from the past year that share some great investing information and resources. If you’re looking for a place to start learning more about Rule #1 Investing, look no further. If you missed any of these articles, now would be a great time to catch up. I’ve hand picked these posts because they’re filled with great information to help you on you journey. Read more.
When you start investing in a company, it’s important that you take a good look at the people who run it. You have to make sure that their management team has talent and integrity. Otherwise, they’ll run the company into the ground and you’ll be in danger of losing your money. You get a sense Read more.
Paying off debt is not easy. Trust me, I’ve been there. It can be especially hard if it’s credit card debt. Credit card debt can be crippling to you, and your wallet. It also makes it impossible to invest.
Think about it, you’re paying 18-20% on credit card debt and you’re also going out and doing great as investor making 15% a year. Sadly, you’re still losing 3-5% a year because of the credit card debt.
The “someday” you’ve been planning and saving for is today. It is time to retire. You may be feeling ready and excited, or you may be feeling overwhelmed and unsure. All of these emotions are completely normal as you are about to undergo a major lifestyle change.
What should you expect from this new chapter of life?
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.
When you start investing, it is best to choose companies that have value to you.
Investing is not just about finding businesses at really good prices, but about understanding when to enter or exit the market. To aid in your understanding, I have compiled a list of essential investing tools that anyone buying or selling stocks should know about.
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.