Rule #1 Finance Blog

With Investor Phil Town

InvestED: Ep. 200- 5 Principles for Inevitable Success

“It would be a wise thing to do if you want to be successful, to look seriously at what successful people say they do. And then do that.” – Phil Town

This week Phil and Danielle celebrate the 200th episode of InvestED: The Rule #1 Podcast! During this episode, we talk about how you can guarantee success in investing and life. We talk about Ray Dalio, the owner of Bridgewater Capital, who manages $160 billion in assets. Ray manages all of his money based on a very strict set of investing principles. He’s been able to achieve phenomenal returns. 18% over the past 36 years.

Ray is extremely driven by a code, and according to him, it makes him successful. He described five things that will bring you success if you do them and we review them. The principles are: Set audacious goals, notice your mistakes, understand why you were making those mistakes, fix your mistakes, and persevere. We also talk about meditation, yoga, Jack Canfield, Tony Robbins, and Dr. Jonas Salk.

If you want to learn about the principles for investing success, join us on the podcast today!

Show Notes:

Subscribe & Review in iTunes

Are you subscribed to InvestED? If you’re not, we want to encourage you to do that today because we don’t want you to miss an episode. Our episodes are weekly and are sometimes multiple parts and if you’re not subscribed there’s a good chance you’ll miss out on current events happening in the market. That would be a major bummer. Click here to subscribe in iTunes!

Now if you’re feeling extra loving, it would be awesome if you left us a review on iTunes, too. Those reviews help other people find this podcast and Danielle and Phil also love reading them so that we can improve your listening experience. Just click here to review, select “View in iTunes”, then “Ratings and Reviews”, and “Write a Review” and let me know what your favorite part of the podcast is. Now go play!

On the InvestED podcast, Phil and his daughter Danielle shine a light on the successful investing strategies that gurus like Warren Buffett have used for 80 years. Listen in for a great stock market education on basics, learn how to invest on your own, and follow along with real-time examples and investing tips from week to week.