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Rule #1

The Simple Strategy for Successful Investing in Only 15 Minutes a Week
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( 3,939 ratings, 261 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Rule #1 by Phil Town is a finance book that simplifies investment fundamentals for beginners. It breaks down complex investing strategies into easy-to-follow rules, focusing on risk management and identifying stocks worth purchasing. The book empowers readers to become confident investors through practical advice and personal anecdotes from the author.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you're interested in learning about straightforward strategies for successful investing. It offers insights into how to identify undervalued stocks, manage risks, and make informed financial decisions without requiring a background in finance. Ideal for anyone looking to gain confidence in personal investing and seeking to grow their wealth over time.

Book Hero thinking about your next read

Who's going to provide for your future? There's a crisis looming in pensions. Investing in property is time-consuming and risky. This work sets out the five key numbers that really count when you're buying stocks and shares; and explains how to use new Internet tools to simplify research.

The best-selling investment guide that's taken the US by storm!

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

The bestselling step-by-step investment guide that's taken the US by storm!

Who's going to provide for your future? There's a crisis looming in pensions. Investing in property is time-consuming and risky. Savings accounts yield very little return. If you're not careful, you could be looking at a very uncomfortable retirement. But surely the alternativeโ€”investing in the stock marketโ€”is risky, complicated, and best left to the professionals?

Phil Town doesn't think so. He made a fortune, and in Rule #1, he'll show you how he did it.

Rule #1:

  • Sets out the five key numbers that really count when you're buying stocks and shares
  • Explains how to use new Internet tools to simplify research
  • Shows how to exploit the advantages of being an individual investor
  • Demonstrates how to pay fifty pence for every pound's worth of business

This simple and straightforward method will guide you to 15% or better annual returnsโ€”in only 15 minutes a week. It's money in the bank!

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Phil Town's Rule #1 is praised for its inclusive and straightforward approach to stock market investment. Reviewers commend the book's practical strategies, asserting that it empowers individuals to outperform mutual fund managers and financial experts, offering confidence that investors can succeed independently.

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Book Details

INFORMATION

ISBN: 9781905211319

Publisher: Cornerstone

Format: Paperback / softback

Date Published: 04 January 2007

Country: United Kingdom

Imprint: Random House Books

Audience: Tertiary education, Professional and scholarly

DIMENSIONS

Spine width: 20.0mm

Width: 129.0mm

Height: 198.0mm

Weight: 224g

Pages: 320

About the Author

Following several years with the Special Forces during the Vietnam war, Phil Town returned to the United States and supported himself working seven months a year as a river guide in the Grand Canyon. His annual income was in the low four figures. After some split-second heroics on his part saved a boatload of Outward Bound trustees from a whitewater disaster, a grateful financial expert who had been onboard took Town under his wing and taught him the first principles of Rule #1 investing. Town managed to put together a $1000 stake and within five years had turned it into $1 million. Today Town is worth many multiples of that and appears regularly on the same dais as people like Rudy Giuliani, Tommy Franks and Colin Powell, instructing up to 30,000 people at a time in the art of successful investing.

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