Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!

Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!

by Phil Town
3.8 46

NOOK Book(eBook)

$14.99
View All Available Formats & Editions
Available on Compatible NOOK Devices and the free NOOK Apps.
Want a NOOK ? Explore Now

Overview

Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! by Phil Town

In this book, self-made millionaire Phil Towns will show you how he turned $1,000 into $1 million in only five years, and then proceeded to make many millions more.

Before I became “Phil Town, teacher of investing principles to more than 500,000 people a year,” I was a lot like you: someone who viewed individual stock investing as way too hard to do successfully. As a guy who barely made a living as a river guide, I considered the whole process pretty impenetrable, and I was convinced that to do it right you had to make it a full-time job. Me, I was more interested in having full-time fun.

So I was tempted to do what you’re probably doing right now: letting some mutual fund manager worry about growing your nest egg. Let me tell you why that decision could one day make you absolutely miserable.

The fact is, because of natural market cycles, the mutual fund industry is likely to soon be facing twenty years of flat returns. That means that if you’ve got your nest egg tucked away in funds—especially the type found in most 401ks—your egg won’t get much bigger than it is now. Translation: Get ready for a retirement filled with lots of cold cuts, plenty of quality TV-watching time, and a place to live that’s too small to accommodate your visiting kids.

I came to investing as a person who wasn’t great at math, possessed zero extra cash, and wanted a life—not an extra three hours of work to do every day. Fortunately, I was introduced to The Rule.

Rule #1, as famed investor Warren Buffett will tell you, is don’t lose money. Through an intriguing process that I’ll clarify in this book, not losing money results in making more money than you ever imagined. What it comes down to is buying shares of companies only when the numbers—and the intangibles—are on your side. If that sounds too good to be true, it’s because the mind-set I’ll be introducing you to leads not to bets but to certainties. Believe me, if there were anything genius-level about this, I’d still be a river guide collecting unemployment much of the year.

Part of the secret is thinking of yourself as a business owner rather than a stock investor. Part is taking advantage of today’s new Internet tools, which drastically reduce the “homework factor.” (We’re talking a few minutes, tops.) Part is knowing the only five numbers that really count in valuing a potential investment. And part—maybe the most important part—is using the risk-free Rule #1 approach to consistently pay a mere 50 cents to buy a dollar’s worth of a business.

What I won’t waste your time with is fluff: a lot of vague parables reminding you of what you already know and leaving you exactly where you started. This is the real deal, folks: a start-to-finish, one-baby-step-at-a-time approach that will allow you to retire ten years sooner than you planned, with more creature comforts than you ever imagined.

Product Details

ISBN-13: 9780307345752
Publisher: The Crown Publishing Group
Publication date: 03/21/2006
Sold by: Random House
Format: NOOK Book
Pages: 288
Sales rank: 283,479
File size: 37 MB
Note: This product may take a few minutes to download.

About the Author

An ex-Green Beret and former river guide, Phil Town is a self-made millionaire several times over and America’s most widely sought-after speaker on investing. Phil Town appears regularly on the same dais as Rudy Giuliani, Jimmy Carter, and Colin Powell as part of the “Get Motivated” touring success seminar. He speaks to more than 500,000 people annually about Rule #1. Town lives in Jackson Hole, Wyoming.

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews

Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! 3.9 out of 5 based on 0 ratings. 45 reviews.
MightyMike More than 1 year ago
I've read other investment books such as Intelligent Investor, The Millionaire Maker, and a host of other financial books, but Rule #1 is one of the clearest and most exciting books on making money I have ever read. It gives you the possibilities, the history, the practical tools, and a real sense of the markets that can make even a high school student get going with investing immediately.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Everyone should read this book
RichInLesta More than 1 year ago
I recently listened to the audio version of this book and just had to have it in print. Phil presents a very direct approach to investing; one which is easily "learnable" by even the most inexperienced investor. For those of you who like to tinker with Excel (like I do), there's a tremendous opportunity here to further automate the tools he's created to make your investing even more enjoyable and rewarding.
Angellk More than 1 year ago
This is a really great self help book that will change your life. With some easy steps you will see changes instantly.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago
mindofpoetry More than 1 year ago
This is a great purchase to have..
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Anonymous More than 1 year ago