Payback time book phil town complaints

The simple strategy for successful investing in only 15 minutes a week. This complete summary of the ideas from phil town s book payback time shows that, all too often, people put their longterm investment capital into mutual funds and then sit back and hope someone else will make them the millions they need to fund their retirement. His methodology allows small investors to know what they are doing. The previous books dive a little deeper into some of the specifics, but invested provides you with the knowledge to better understand the previous books. Both books are quite good in presenting a simple system for novice investors to pick stocks. But because many people arent ready to go from mutual funds directly into trading without understanding investing for the long term, he created payback time. Phil town is a selfmade multimillionaire and public speaker. Ive had huge success following his investing strategy. As phil town illustrate in payback time, even if your employer matches your contributions, the tax effect essentially nullifies any benefit of the 401k. Payback time will be my next book to read from uncle phil. Dont get caught in the dollar cost averaging trap phil town duration.

Towns origin story is that casting about after serving in vietnam as. Phil town doesnt think traditional 401k plans are the way to go because most give you very few investing options. Finally, an investment book thats easy to understand and actually works in the real world. Finally, an investment book thats easy to understand and actually.

Town s origin story is that casting about after serving in vietnam as part of the green berets, he worked as a river guide in the grand canyon, where an older investor he met offered to teach him the ways of the stock market. You can also learn about value investing thanks to phil town s books. The purpose of this report is simply to warn people about a company promoting a motivational seminar called seize the day where big name speakers like bill oreilly, sarah palin, laura bush, terry bradshaw, ben stein, john maxwell, tom hawkins, les brown, and of course phil town. Payback time is just a bad version of the authors first book. Payback time explains the concept of stockpiling stocks for long term high returns with low risk. It also got an endorsement from the former sec chairman arthur levitt on the back. The book is an excellent choice if you would rather read about investing. Phil town has already made millions on investing his.

You set a stockpiling price at the lower of the margin of safety price or the 8 year payback time price and you can read my new book, payback time, to see how. Payback time audiobook by phil town 9781415966198 rakuten. Download it once and read it on your kindle device, pc, phones or tablets. According to ian phil canlas, uca science faculty, there is an element of science in everything one does from the time you wake up to the time. But because many people arent ready to go from mutual funds directly into trading without understanding investingfor the long term he created payback time. In payback time phil gets into even more detail about buying stocks and steers the novice into the proper investment direction. He is the absolute best person out there for the small investor. This work offers a summary of the book payback time. The first book deals with the basic concepts of value investing, coupled with some technical analysis.