Rule #1: The Simple Strategy for Getting Rich--in Only 15 Minutes a Week!
Mar 2006 · Sold by Crown Currency
4.6star
58 reviews
Ebook
320
Pages
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About this ebook
#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.
“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.
Ratings and reviews
4.6
58 reviews
A Google user
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February 27, 2012
Relatively worthless book. Town spends most of the time self-promoting and looking at companies that have been successful over a 10 year period. Without knowing anything about stocks, I could look through historical financials and find stocks that have 300-1000% return after the fact. I haven't found a stock book that adds value yet, simply 100 different authors stating the obvious with the luxury of hindsight.
A Google user
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October 28, 2010
Here you can follow th foot steps of Warren Buffet ,Ben Graham, Charlie Mungor and Fischer.
It is simple but genius.
The book explains not only why and theory but also direct you to all the tools to do the job.
I am using this strategy for less than one year with great results.
I also highly recommend payback time by Phil Town.
Ernest John Lucas
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January 22, 2019
love this book, easy to understand for novice like me. Very Thankful to have Read this. now time to play
5 people found this review helpful
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.
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