Rule #1 Finance Blog

With Investor Phil Town

InvestED: Ep. 243- Quick Questions: Is Cash Okay?

“Just be patient and you won’t do worse than the market.” – Phil Town

As an investor, one of the most important things you need to consider when starting your practice is to figure out the best way to invest so that you can have financial freedom and pass on generational wealth.

On this episode of InvestED, Phil and Danielle answer a “Quick Questions with InvestED” left by a listener on how being in cash impacts your finances.

When you practice value investing, there are times that you will be invested in companies and other times when you will be in cash. What do the periods of time when you are in cash do to your overall return?

Having periods of time in cash can become normal when you practice Rule #1 investing strategy. Being patient and buying when you know something is reasonably on sale is the key to successful investing. Do this, and you won’t do worse than the market.

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

Show Notes:

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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!

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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.