Rule #1: The Simple Strategy for Getting Rich--in Only 15 Minutes a Week! By Phil Town

Special Edition Rule #1: The Simple Strategy for Getting Rich--in Only 15 Minutes a Week! with Free PDF EDITION Download Now!



Kindle Store,Kindle eBooks,Business & Money Rule #1: The Simple Strategy for Getting Rich--in Only 15 Minutes a Week! Phil Town
 4,6


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Special Edition Rule #1: The Simple Strategy for Getting Rich--in Only 15 Minutes a Week! with Free PDF EDITION Download Now!


#1 NEW YORK TIMES BESTSELLER • “The clearest and best book out there to get you on the path to riches. This one’s special!”—Jim Cramer, host of CNBC’s Mad Money “Great tools for anyone wanting to dabble in the stock market.”—USA Today Phil Town is a very wealthy man, but he wasn’t always. In fact, he was living on a salary of $4,000 a year when some well-timed advice launched him down a highway of investing self-education that revealed what the true “rules” are and how to make them work in one’s favor. Chief among them, of course, is Rule #1: “Don’t lose money.”  In this updated edition to the #1 national bestseller, you’ll learn more of Phil’s fresh, think-outside-the-box rules, including:• Don’t diversify • Only buy a stock when it’s on sale • Think long term—but act short term to maximize your return • And most of all, beat the big investors at their own game by using the tools designed for them!  As Phil demonstrates in these pages, giant mutual funds can’t help but regress to the mean—and as we’ve all learned in recent years, that mean could be very disappointing indeed. Fortunately, Rule #1 takes readers step-by-step through a do-it-yourself process, equipping even the biggest investing-phobes with the tools they need to make quantum leaps toward financial security—regardless of where the market is headed.

At this time of writing, The Mobi Rule #1: The Simple Strategy for Getting Rich--in Only 15 Minutes a Week! has garnered 8 customer reviews with rating of 5 out of 5 stars. Not a bad score at all as if you round it off, it’s actually a perfect TEN already. From the looks of that rating, we can say the Mobi is Good TO READ!


Special Edition Rule #1: The Simple Strategy for Getting Rich--in Only 15 Minutes a Week! with Free PDF EDITION!



Bear in mind this is a beginner's book designed for an audience who probably knows what an Index fund is but that's about it. I read a long review of the book last night and what struck me is that the author gave very little deference to the four main pillars of this book, Meaning Moat Management and Margin of Safety, basically saying they were good, and then concentrating the criticisms on the smaller stuff. The reader has to realize that a subtitle of "In just 5 hours per week!" won't sell a book. You'd be a fool to think that 15 minutes per week is sufficient time to evaluate stocks and manage your portfolio. Though if I didn't already listen to his podcast I would have stopped reading the book after the first 20 pages because it's full of the usual "Get rich quick! No time at all! You'll never lose money! Guaranteed! It's easy!" lines that a poor salesman would use. Likewise, it's pretty obvious the $1000 turned into a million was only the starting cash and much more money was dumped into it later. A similar example is used later in the book of a couple making lots of money on just one company, but it involved them selling at absolute peaks and buying at absolute valleys.Still, overall the book is a great lesson in how to evaluate a company and what to watch for. You also end up with stock valuations which aren't far off from what many other instructors get you. I recommend the book quite a bit to anyone wanting to learn how to do it themselves and potentially make a little more money than an Index fund could get you. Granted, I would read many other books as well, because I sure wouldn't leave my retirement into the hands of one single book, no matter who the author is.


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