Rule #1: The Simple Strategy for Successful Investing-in Only 15 Minutes a Week! Audiobook (Free)

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

Before I became “Phil Town, teacher of investing principles to a lot more than 500,000 people a year,” I was a lot like you: someone who viewed individual stock investing as much too hard to do successfully. As a guy who barely produced a living as a river information, I considered the complete process pretty impenetrable, and I was convinced about Rule #1: The Simple Strategy for Successful Investing-in Only a quarter-hour weekly! that to accomplish it right you’d to make it a full-time work. Me, I used to be interested in having full-time fun.

THEREFORE I was lured to accomplish what you’re most likely doing right now: allowing some mutual account manager get worried about growing your nest egg. Without a doubt why that decision could 1 day make you unquestionably miserable.

The truth is, because of natural market cycles, the shared fund industry is likely to soon be facing two decades of flat profits. Which means that if you’ve got your nest egg tucked away in funds-especially the sort found in most 401ks-your egg won’t get much larger than it really is right now. Translation: Get ready for a retirement filled with lots of frosty cuts, plenty of quality TV-watching time, and a location to live that’s as well small to support your visiting children.

I came to investing as someone who wasn’t great at mathematics, possessed zero supplemental income, and wanted a life-not a supplementary three hours of work to do each day. Fortunately, I had been introduced to The Rule.

Rule #1, as famed buyer Warren Buffett will tell you, is don’t lose cash. Through an interesting process that I’ll clarify in this reserve, not losing money results in making additional money than you ever imagined. What it boils down to is certainly buying shares of companies only when the numbers-and the intangibles-are on your side. If that noises too great to become true, it’s as the mind-set I’ll end up being presenting you to leads not to wagers but to certainties. Trust me, if there were anything genius-level concerning this, I’d still be considered a river guideline collecting unemployment much of the year.

Part of the secret is thinking of yourself as a business owner rather than stock investor. Component is taking advantage of today’s brand-new Internet tools, which drastically reduce the “homework aspect.” (We’re speaking a few minutes, tops.) Part is knowing the just five numbers that basically 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 get a dollar’s well worth of the business.

What I won’t waste materials your time and effort with is definitely fluff: a lot of vague parables reminding you of everything you already know and departing you precisely where you started. This is actually the real deal, people: a start-to-finish, one-baby-step-at-a-time approach that will enable you to retire ten years earlier than you planned, with more creature conveniences than you ever truly imagined.