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.
There’s a very easy way to tell the amount of time it will take to double your money and it’s called the Rule of 72. Getting a sense of how compound interest can potentially grow your portfolio is enough to light a fire under you and get you started saving as early as possible. I Read more.
It’s time to get past the rancor and mud-slinging that characterizes American politics when it’s at its worst and take a look at how a Trump victory might impact the country and thereby the investment weather we’ll be working in. And I want to start this off properly in the best way: This commentary is Read more.
Albert Einstein once said, “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” He also said that the math behind it is difficult and not very intuitive. It’s understandable that many people don’t quite understand the concept of compound interest fully. More importantly, do Read more.
The concept of ritual is as old as man. Rituals are designed to increase success.
What are Warren Buffett’s views on diversification? How would he structure his portfolio? Phil Town Phil Town is an investment advisor, hedge fund manager, two-time NY Times best-selling author, ex-Grand Canyon river guide and a former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo and Read more.
When you are ready to retire, how much of your stock should you sell? Let’s pretend it’s time to retire and we have $1 million of stock invested in a wonderful company… Not too bad, huh? We can sell all of our stock in the company and use that to finish paying off our mortgages, Read more.
This week on InvestED, we’re talking about real estate investing and discussing the importance of viewing this type of investment as a business. We’ll share how to avoid common mistakes made by most real estate investors, and the ways you can make a real estate investment profitable. Phil & Danielle On the InvestED podcast, Phil Read more.
How can a company that appears to be dead still be a valuable investment? Ben Graham used to buy companies like this all the time in the ‘30s. We like to call them “zombie companies,” and in today’s episode, we’re going to go step-by-step through the process of finding out how much a zombie company Read more.
What is payback time? This week we discuss the calculation of how long it takes to get your money back from an investment and a great way to figure out what you would buy a private business for. Phil & Danielle On the InvestED podcast, Phil and his daughter Danielle shine a light on the Read more.