Rule #1 Finance Blog

With Investor Phil Town

InvestED: Ep. 256- The Ultimate Investing Checklist

“Own companies that are like bonds, they’re so secure.” – Phil Town

This week on the InvestED podcast, Phil and Danielle continue their discussion on checklists, revealing the next six points on their list you should know about a company before investing.

Phil discusses the importance of owning companies that are secure like bonds. Warren Buffett calls these equity bonds. He says, why would you buy a bond when you can buy the company and get paid in a dividend and let that dividend grow.

How do the Rule #1 Investors find these companies? They use a checklist of course.

This week Phil and Danielle dive into the following questions to know when investing in a company:

  • The history of the business and how it has changed over time
  • Why businesses fail in the industry
  • Specifically, how the business fails
  • Why the industry will be going strong in 10 years
  • The key performance indicators the organization follows religiously
  • The key risks a business is taking in the industry

If you can’t answer all of these questions discussed in a simple sentence, it’s too hard, do not invest in the business.

Want to learn the most important questions to answer when creating a checklist? 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!

 

identicon
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.