“I don’t mind not making money on something that I’m not sure about.” – Phil Town
If a company has never had an event but appears to be on sale, is it a good investment? In this episode, Phil and Danielle answer another “Quick Questions with InvestED” left by a listener of the podcast.
Basic Rule #1 investing strategy is to not jump over 6 foot bars, but to jump over 6 inch bars. If a company did not have an event, how can we assume that it’s on sale?
This question brings to the surface conversation on what’s worth the risk when investing. As a Rule #1 investor, you need to be patient with your portfolio.
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If you want to learn more about the fundamentals of Rule #1 investment strategy, join us on the podcast today!
Show Notes:
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On the InvestED podcast, Phil and his daughter Danielle shine a light on the successful investing strategies that gurus like Warren Buffett have used for 80 years. Listen in for a great stock market education on basics, learn how to invest on your own, and follow along with real-time examples and investing tips from week to week.