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

Phil Town is currently a very wealthy man, but he wasn't always. In fact, he was living on an income of $4000 each year when some well-timed advice launched him down a highway of investing self-education that revealed what the true "rules" are and steps to make them work in one's favor. Chief among them, of course, is "rule #1": "don't lose money." Other rules are: don't diversify...think like an owner, not an investor ... never, ever be seduced into thinking the market is efficient. Town also believes strongly in "betting on the jockey," putting your faith in managers who've proven their financial mettle. Not merely does Town reveal fresh methods for identifying who the truly reliable managers are, but he demonstrates how to test if they really have faith in the businesses they're running.

By far, the most controversial of the audiobook's assertions will be that giant 401(k) type mutual funds can't help but regress to the mean, and within the next twenty years, the mean could be very disappointing indeed. There's a very real chance a 401(k) investor could see his holdings not grow at all within the next few decades. Fortunately, Town's stockpicking techniques are meant to walk investing phobes through the do-it-yourself process, equipping them with the various tools they need to make quantum leaps toward financial security.

Rule #1 says something new, and it says it in a manner that every listener can understand.

Category: Introduction

Details

Publisher	Books on Tape
Language	English
ISBN
DATE	2006-04
Author	Phil Town

Download