Next, look for publicly traded corporations which are in possession of great management teams.įurthermore, find companies that have barriers to entry and build walls around their profits.įinally, invest securely by purchasing discounted shares that fulfill the other three “Ms.” You cannot lose much if you make sure you purchase stocks at low costs.
If you are a “foodie”, target firms operating in the food industry, if you are a fashion addict, invest in retail clothing shares. Well, to start with, put your cash where your heart and mind are and invest in profitable organizations which are significant to you. To do so, you have to stay aware of the “Four Ms.” Indeed, there are no guarantees for anything in life, but you can limit risk by acquiring shares in good companies which are selling at bargain prices. The Rule #1(tm) fundamental point is: Don’t lose money. Instead, use the Rule #1(tm) equation: Purchase stocks for 50 cents on the dollar and sell when the stock is trading at a dollar-for-dollar value. Forget the banalities about diversification and buy-hold methods.
#12 RULES FOR LIFE AUDIOBOOK TORRENT HOW TO#
In fact, you can figure out how to target underpriced stocks and get at least 15% returns on your investment.
It is not impossible to beat the market. Investing is a snap, and you can ace it by working for 15 minutes a day on your stock portfolio. Diversification and buy-hold strategies are the best methods for minimizing risk. Rule #1(tm) repudiates three famous market myths: Yes, we may have oversimplified it, but in essence, you will find that those are the bases for each investment. When it comes to investing, there are only two basic rules: Rule #1(tm): Don’t lose money and Rule #2: Don’t forget Rule #1(tm). Then, he learned how to invest.Īnd, you know how they say – the rest is history. special forces in Vietnam, a dishwasher and a river guide. Phil Town is a motivational speaker, author, and millionaire. We recommend this book to all wannabe investors and puzzled participants on the stock market. In his book “Rule 1” he gives you useful, practical and proven solutions for making a profit on the stock market. You may have had those thoughts until know, but Phil Town will change them all! However, a big part of you thinks that investing is a gamble, and you would much rather find a low –risk solution for your earnings. You read the business section of the daily newspaper, you get the bulletins from Wallstreet, and you wish you knew how to invest. Keep reading our summary and learn what the only rule you should have in mind is. “Rule 1”, however, destroys these popular myths and instead presents you with a way to do what was once thought to be undoable: beat the market. Most people think that only experts belong on the market and that not anyone can profit. If you are reading this, you have most probably been there. Have you ever thought about investing? Have you wanted to learn the “science” behind it, but you thought you are just not right for it? 
4 min read ⌚ The Simple Strategy for Successful Investing in Only 15 Minutes a Week!
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