Rule #1 Finance Blog
investing news and tips
Everything You Should Know About NFTs
“Pssst. Hey, buddy. Wanna buy an NFT of Jack Dorsey’s first tweet? Special deal. Some moron paid $2.9 million for this, but my guy got it from him super cheap. For you? $280 bucks.”
Before you jump at the deal, you might want to look a little closer at what you’re getting. And that, of course, is the catch for any NFT.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
How To Hedge Against Inflation
For the past few decades, we’ve experienced an average rate of inflation between 2% and 3%.
But then, something happened. A global pandemic shut down the world’s economy and created major supply shortages. Governments responded around the world with unprecedented money printing by central banks.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
The Future of Money: Will Digital Currency Replace Paper Money?
Much of the Western world already operates in a nearly cashless society.
Credit cards are accepted almost everywhere, people are using tap and pay more and more, and payment apps like Venmo and Paypal are a part of most people’s wallets.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
Why Is Inflation in the US High?
The increasingly steep food prices, gas prices, and commodity prices we’ve been seeing mean we’re living in a time where high inflation is significantly impacting the US economy.
We see its effects reflected in the price of goods, but what are the drivers that are responsible for high inflation? And why is inflation in the US at the highest level it’s been in years?
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
Is Investing Worth It? Should I Start?
If you’re reading this post right now, there’s a good chance you’re viewing investing through a narrow lens.
You might picture the chaos of Wall Street, brokers trading stocks, numbers increasing and decreasing in the blink of an eye, and letter abbreviations that feel impossible to decode as someone who is unfamiliar with this world.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
Smart Investment Strategies Every Investor Should Know
One of the biggest obstacles holding people back from investing is that they think it is too complicated or too risky, but there are simple and smart investment strategies everyone can learn.
And by making smart investments based on research, even beginner investors can greatly reduce the risk of investing.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
How To Avoid Capital Gains Tax
If you’ve ever bought and sold a rental property, a stock, or any investment, you were likely charged capital gains tax, whether you know it or not.
Capital gains tax gets a pretty bad rap, and rightfully so. This tax can take a huge cut of your profits from investments.
I’ll show you how it works, why it can be disadvantageous for investors, and how to avoid capital gains tax to a certain extent. That’s right, there are strategies you can follow that can greatly reduce the taxes you pay on your profits so you can keep more of your money.
When you invest the Rule #1 way, you can easily avoid capital gains tax. Here’s how.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
What is a Tech Bubble? And How to Tell if We’re in One
Don’t burst your bubble! Understanding if we are in a tech bubble can be tricky. Find the signs of a tech bubble and be prepared for when the bubble bursts.
Stock Market Crashes in History (and My Predictions…)
You’ve probably heard before that those who do not learn from history are doomed to repeat it.
This saying holds true for many things, including investing.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
My Biggest Stock Market Mistakes (And How to Avoid Them)
Over the years, I have been blessed with an incredible amount of investing success – so much so that I was able to turn my meager income as a river guide into an investing empire. However, even the most successful investors’ journies are still fraught with errors and investing mistakes, and my journey is certainly no exception.
Nevertheless, as painful as these investing mistakes were at the time, I have learned a lot from them and have used them to become a better investor.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.