Rule #1 Finance Blog

With Investor Phil Town

InvestED: Ep. 240- Quick Questions: Is an “Event” Required?

I don’t mind not making money on something that I’m not sure about.” – Phil Town

If a company has never had an event but appears to be on sale, is it a good investment? In this episode, Phil and Danielle answer another “Quick Questions with InvestED” left by a listener of the podcast.

Basic Rule #1 investing strategy is to not jump over 6 foot bars, but to jump over 6 inch bars. If a company did not have an event, how can we assume that it’s on sale?

This question brings to the surface conversation on what’s worth the risk when investing. As a Rule #1 investor, you need to be patient with your portfolio.

If you have a question you’d like to have Phil and Danielle answer in a future podcast, submit your question here.

If you want to learn more about the fundamentals of Rule #1 investment strategy, join us on the podcast today!

Show Notes:

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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.