Rule #1 Finance Blog

how to invest

When Should You Sell a Stock?

Phil Town

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Determining when you should sell a stock may seem tricky, but it is actually really simple.

Warren Buffett says that the ideal investment is one that you can hold onto forever, growing your money for as long as you own it.

However, Buffett and every other successful investor also know that there are times when selling a stock is the best path forward. So, the question is when should you sell a stock?

The Best Way to Invest $10,000 in 2022

Phil Town

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Posted in how to invest

If you’ve got $10,000 to invest, you’re off to a great start. $10,000 is much more than many of the world’s richest investors started out with, including Warren Buffett.

Still, you can’t just blindly throw your $10,000 into the stock market and expect to do well without knowing how to invest correctly.

If you would like to turn your great start to long-term success, here are a few of the best ways to invest $10,000.

3 Millionaire Lifestyle Myths Debunked

Phil Town

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What comes to mind when you think of a millionaire?

If you’re like most people, you probably think fancy cars, an elaborate mansion, and a frivolous, over-the-top lifestyle.

In reality, the real lives of most millionaires are much different than our stereotypes would suggest.

Let’s clear up some of these misconceptions and a look at some of the most common millionaire lifestyle myths to uncover what the life of the typical millionaire is really like.

The Best Investors in the World and What You Can Learn From Them

Phil Town

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People often say they could never be successful investors… But Phil, I’m not smart enough! But Phil, I don’t have a background in math or finance! But Phil,…

How My Daughter Discovered the Power of Investing

Phil

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Posted in how to invest

It’s truly been a great joy in my life being able to work with my daughter, Danielle, and teach her investing. I find her intelligence and unique take on investing vital to keeping my own investing practice current.

Warren Buffett Facts Infographic: Remarkable Facts About Your Favorite Investor

Phil

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Posted in how to invest

Warren Buffett is quite the investing legend (and our favorite Rule #1 investor), building a net worth of over $87 billion dollars over his wonderful life.

We can learn a lot about the way the “Oracle of Omaha” lives his life. His wisdom, from his quotes to his life, inspires us daily to be better investors and make the world a better place for us and our families.

[Ask the Experts] Advice for Investing for Beginners

Phil Town

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When it comes to learning how to invest, many people don’t know where to start. To them, the stock market is a risky place where you gamble your money…

This couldn’t be further from the truth.

In fact, the stock market is the single best method someone can use to grow their wealth and retire.

How to Feel Confident in Your Investing Choices

Phil Town

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Posted in how to invest

Investing is not something that comes easily to everyone overnight. It’s something that you need to work at in order to feel more confident in.

When it comes to the stock market, investor confidence is very important.

The best thing you can do to become more confident and rational when you invest your money is to really understand what you’re buying.

Having confidence as an investor helps you to make better decisions when owning a stock over time while allowing you to really understand what is going on at a specific moment in time.

Invest in What You Love

Phil Town

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When it comes to investing, conventional wisdom says to hand your money over to a financial advisor and let them diversify your investments for you. Why think too much about where your money is going if you don’t have to?  But there’s a problem with that mindset: your values matter and you should be investing in what you love. 

Is Value Investing Dead?  

Phil Town

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Buying low and selling high makes a lot of sense in theory. But try and apply that to the complex moving parts of today’s stock market, and it won’t look quite as simple as it sounds. The reason behing this is that not very much is on sale right now.