Description
#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.
Author: Phil Town
Publisher: Currency
Published: 08/28/2007
Pages: 336
Binding Type: Paperback
Weight: 0.98lbs
Size: 9.18h x 6.34w x 0.88d
ISBN13: 9780307336842
ISBN10: 0307336840
BISAC Categories:
- Business & Economics | Personal Finance | Investing
- Business & Economics | Investments & Securities | General
- Business & Economics | Personal Finance | Money Management
"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.
Author: Phil Town
Publisher: Currency
Published: 08/28/2007
Pages: 336
Binding Type: Paperback
Weight: 0.98lbs
Size: 9.18h x 6.34w x 0.88d
ISBN13: 9780307336842
ISBN10: 0307336840
BISAC Categories:
- Business & Economics | Personal Finance | Investing
- Business & Economics | Investments & Securities | General
- Business & Economics | Personal Finance | Money Management
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.