Were you surprised by any of these investing realities? Share with me below! In order to adjust your expectations, you must do your research. Use my Must Have Investing Checklist to help you invest in a solid and wonderful business >> bit.ly/2JwOjxw
Firstly, thanks for your efforts to teach us about investing, I think it was very beneficial for those who are willing to learn something about investing. However, I'm at the very beginning phases of learning about the investing. Thus, those days I'm watching you and reading Rich Dad Poor Dad and hopefully will read your books, too. I remember in one video you suggest some books but they are just a couple. Therefore, I'm wondering is it possible for you to make a book list or make a video about the most important books in a certain order or maybe authors/investors in a more detailed way ? I've searched for it from the internet but I couldn't find a proper list. Thank you for your consideration.
I really love your videos, Phil. It would be awesome if you would do a video on how you asses the real value of a company by analysing it's finances. It doesn't have to be a well-known company, just a real one. I'm sure it would help most of your followers get a much better understanding of this extremely important step. Thank you!
Hi Phil, thanks for the video, you said it is no so much of a good idea to invest in ETFs, than what do you think of Warren Buffet's positive encouragement in advocating invidivual to small business to invest in the S&P 500
Phil is my investing teacher. I went to the 3-day workshop in 2016. It totally transformed my financial life from " I dont know a thing about where my money is and what to do with it" to " I have a solid understanding and I know how to make my decisions".
Financial education and experience are the secret sauce to all this money stuff!! It is very hard to pick winners and losers in the stock market. Great video!
Thank you Phil, you have really changed my view on investing and stimulated that part of my brain. Your videos are awesome, I'm waiting to get my hands on your books. Should be anytime now, once I've read them I'm sure it will increase my confidence in investing. Keep well. Thank you.
There are as many methods to invest, as there are grains of sand on a beach and there is no one solution. Personally I follow a dividend approach through diversification of the various asset classes + a scattering of a few stocks from a select number of industry sectors. Personally I like having a good fiduciary broker whom can assist, advise and I can use as a sounding-board. You're right on about 7%, it's not going to happen over night and that it looks as if we're back into a 1965-1981 investment period.
That's right!...Be a millionaire is not something that happen from today to tomorrow...well, if you gain the mega million lottery is another thing, but the probabilities are not 100% possible...Thank you for your guidance to keep our feet on the ground!...Grateful to have this opportunity to learn more and more!
Thanks for the great videos. I'm in my early 30's and a short while ago started learning from reading Benjamin Graham books - among a couple of others - and recently found your channel. You have similar principles as Graham and I really appreciate the insight!
Thank you sir Phil for all of your videos... so direct and factual... I have been learning a lot from you sooo much.. thank you and keep up the good work.. Godbless.
Hi Phil, thanks for the videos as they are so useful when it comes to value investing. I have a straightforward question, so let's say that we bought a company on a sale and after some time (it is about 6 months to 2 years), the company price will go back to where it was before so what to do next to sell it or hold it? How can re-value the company as it's not undervalued anymore?
As long as there's left for you to spend on your necessities after you have invested, it's a go-go! However, it's dangerous to go burn yourself with debts because you just want to invest.
Sometimes you are stuck on 401k with limited conversation options and only stuck with higher fee fund as only choices. By the way, Trading on margin account and getting carried away is a huge Beginner mistake. I was getting too greedy without so much capital, so was buying stocks on margin which got me in bad debt fast. I have let myself get carried away with credit card in the past (hmmm, do I notice a pattern here 😔😳). I honestly found myself out of breath when I came to my senses. Fortunately I truly bought some stock on sale with average 30% gains, so trimmed my position to balance. I have not calculated my position between margin interest + Capital gains for the quick retraction would bring me up to. Anyway, I’m sure others will run into this , Phil please do a video on margin account, how to watch out for it, how it can sneak up on someone.
Hi Phil, I'm from China and I have bought and read both of your books Rule #1 and Payback Time. I think your second book is my favorite. You said in your second book that you stockpiled bio-science and software stocks, but in one of your videos you said you were not a fan of high-tech companies. So do you prefer investing in high-tech companies to traditional industries? Do you think it's a good idea to invest in high-tech companies in China?
As with everything in life, keep expectations low. Start investing early so u can make the mistakes early. A realistic expectation is what the index has historically done abt 10% pa.
I just started investing and I'm only in high school. I see it as a way to learn about the economy overtime and to feel involved in the global market more heavily whilst having a possibility to gain some sort of value out of your money. Many of these expectations aren't 100% accurate as far as I've seen and researched, but I can see where the idea originates from.
Thanks Phill for all the knowledge and feelings that you share with us. I really appreciate it. I am in my way. Thanks to you and your RULE # 1 community we started investing this year.
Hey Mr. Town, I have a question. I am investing in some index funds on my investing platform I use that does not have a fee to purchase shares. My question is should I buy one share at a time when I have enough money saved for a share or should I continue to save until I have enough to purchase say 10 shares at a time? Which would be the best way to do it. Thank you in advance for your response.
Hey Phil! I would like to thank you for everything you are doing, because you are doing an amazing job, and I hope to see many more videos like this in the future! I've been following you and many other investors for a while now, so I already knew what you have said in this video, but is there anything you would suggest to someone who is trying to change mindset of his family about investing? I am still a student, and my mother is biggest problem, because she supports me financially, but she has a whole different opinion about investing, and she sees all the evil in trying to get rich (all those myths are real in her mind). I am still working on achieveng my financial freedom, I have some result, but they are not good enough to become independant, so I really lack support, because my family doesn't understand what am I trying to accomplish and why.
But how do you know if a stock is well priced? All we see as new investors is the graphs of its value. How to we work out if it's a good price or a bad one?
Look at their balance sheet. Find their profit margin, free cash, debt, etc. Also take a peak at their P/E ratio. This is their price over earnings. Try to stay below 24.
man, the recession is really the sucky part, especially for people about to hit their retirement. The 2007 recession no-one saw it coming, u need to know when you are in a bubble, like now(as of July 2019).
very informative. i am very strategic with my investing. by learning more then just how to be financially literate. im giving myself a better chance to beat the market. i simply learn the system and how it works.
Hi Uncle Phil, I finished your book Rule #1 two days ago and today I found my first wonderful company, but in order to get the Margin of Safety price, the stock should drop 90% to allow me to buy it!! Is that a good thing? Or should I look for other companies as well
I am reviewing all Rule #1 workshop to reduce my risk when investing. So I am able to work on my pronostics. Test them first as you taught us. Thanks Phil
You always talk about when a company goes on sale. What sort of events would make a company "go on sale"? Do you mean like PR related issues that cause the stock to drop, or do you mean something as big as a stock market crash?
for people that are not inclined to do their own research. Mutual funds charge a percentage fee that eats into your returns, which ends up being thousands of dollars over 30 years.
Hi Phil, when you worked as a river guide you said you were earning $4k a year. After 5 years of investing, you turned your net worth into $1.4M. Even with compound interest and great returns, going from $4k to $1.4M is a bit of a jump! What else brought your money up ?
Hi Phil, quick question: Is an Event totally necessary to determine that a company is on sale? or can a company be on sale if it has never reached its true value yet? Thanks!
Santiago Sanmiguel sometimes some bad news makes a stock go down 10% for no reason and it’ll be back up in a couple weeks on that instance then yes if it’s a lawsuit then your better waiting and watching
I remember Warren Buffet said that most of the people do not want to get rich by older ages. This is the agenda that being mentioned that most of us lack of patience in investing.
You often talk about sitting in cash and waiting for opportunities, which are likely to come sometime in the near future. When the market goes down (and it eventually will), should I keep my money (sit in cash) in a money market account? Although they are low risk, they are not risk free.
Hi Phil Really enjoy your videos, it's so nice to hear a realistic view on investing. Just wondering if you have done a video on how you got to make a million dollars in the 5 year's as that is so inspirational? Keep up the great content 👍
If you start with little money, lets say 10000$, you must be compounding at more than 100% to get to million in 5 years. Is it what you did as beginner?
Hello Phil May you please give us some lessons how to choose companies on sale? Because to be honest with you I thought index companies are the best to invest
Basically just like any other work, if you good at the job you do, you will be successful over time, 🤔 question what are you recommendations for someone who makes the minimum wage, how he can invest his extra 1000 that it saved in a year?
I know it's cliche, but if you're on minimum wage, you need to invest in yourself. Minimum wage is meant to be a starting point, not a destination. Find a better job or start a side hustle. That's the best way to build more wealth on minimum wage.
I'm so afraid of investing because of the Bernie Madoff scandal. I just can't believe it 30 years of investing with this guy and all their money was gone. I don't know what I'm going to do help me help me please help me please
It seems like everyone has a different number for what the stock market has averaged over the years. Some say 10%. Others 12%. You’ve put it at 7%. Is everyone just being selective about their starting date?
Also some don't include cumulative interest and just use average yearly interest. For example if you invest $1000 and the first year you lose 50% and you're left with $500. Next year stocks go up 170%. You're left with $850. So one could say your average interest is 10% per year. However the cumulative is way less because of all the swings you take. That's the difference. Even if you average a good return you can see from this example that you can still lose money!
Expectations vs. Reality problem is not that you have bought a value company and it doesn't go up and instead go down, problem is that the company will default. numerious cases in matter of few year here in india. Expectations vs. Reality regulatory will take action in our favour and take penal charges against misdead and malpractice but it doesn't example vakrangee, geetanjali gems, manpasand beverage reliance infra/capital and more
that isn't correct... 1929 took about 7 years to break even in real terms factoring in dividends and that it was a highly deflationary time. If one had a more diversified portfolio it would've been sooner!
Were you surprised by any of these investing realities? Share with me below! In order to adjust your expectations, you must do your research. Use my Must Have Investing Checklist to help you invest in a solid and wonderful business >> bit.ly/2JwOjxw
Firstly, thanks for your efforts to teach us about investing, I think it was very beneficial for those who are willing to learn something about investing. However, I'm at the very beginning phases of learning about the investing. Thus, those days I'm watching you and reading Rich Dad Poor Dad and hopefully will read your books, too. I remember in one video you suggest some books but they are just a couple. Therefore, I'm wondering is it possible for you to make a book list or make a video about the most important books in a certain order or maybe authors/investors in a more detailed way ? I've searched for it from the internet but I couldn't find a proper list. Thank you for your consideration.
I really love your videos, Phil. It would be awesome if you would do a video on how you asses the real value of a company by analysing it's finances. It doesn't have to be a well-known company, just a real one. I'm sure it would help most of your followers get a much better understanding of this extremely important step.
Thank you!
Hi Phil, thanks for the video, you said it is no so much of a good idea to invest in ETFs, than what do you think of Warren Buffet's positive encouragement in advocating invidivual to small business to invest in the S&P 500
Big surprise was the amount of time from 65 to 81 and the 26 years before.
I knew growth was explosive since 80s but man
Phil is my investing teacher. I went to the 3-day workshop in 2016. It totally transformed my financial life from " I dont know a thing about where my money is and what to do with it" to " I have a solid understanding and I know how to make my decisions".
Financial education and experience are the secret sauce to all this money stuff!! It is very hard to pick winners and losers in the stock market. Great video!
*Patience is a virtue*
In times of fear (happens everytime I hit that "buy" button, lol) Phil's messages brings me back down to Earth
Been watching your videos for a little while now 🙏🏾 Really Good Content !!!
Agreed!
I bought all your books and watched almost all your videos, I'm all in investing.
Thank you Phil for all your wonderful information and advice. Thanks for all the videos!
These videos are awesome!
Thank you Phil, you have really changed my view on investing and stimulated that part of my brain. Your videos are awesome, I'm waiting to get my hands on your books. Should be anytime now, once I've read them I'm sure it will increase my confidence in investing. Keep well. Thank you.
There are as many methods to invest, as there are grains of sand on a beach and there is no one solution. Personally I follow a dividend approach through diversification of the various asset classes + a scattering of a few stocks from a select number of industry sectors. Personally I like having a good fiduciary broker whom can assist, advise and I can use as a sounding-board. You're right on about 7%, it's not going to happen over night and that it looks as if we're back into a 1965-1981 investment period.
That's right!...Be a millionaire is not something that happen from today to tomorrow...well, if you gain the mega million lottery is another thing, but the probabilities are not 100% possible...Thank you for your guidance to keep our feet on the ground!...Grateful to have this opportunity to learn more and more!
True that!
Thanks for the great videos. I'm in my early 30's and a short while ago started learning from reading Benjamin Graham books - among a couple of others - and recently found your channel. You have similar principles as Graham and I really appreciate the insight!
I just started investing but I am already losing faith. Glad to have found your video. It immediately turned my negativities into optimism.
Thank you sir Phil for all of your videos... so direct and factual... I have been learning a lot from you sooo much.. thank you and keep up the good work.. Godbless.
Hi Phil, thanks for the videos as they are so useful when it comes to value investing. I have a straightforward question, so let's say that we bought a company on a sale and after some time (it is about 6 months to 2 years), the company price will go back to where it was before so what to do next to sell it or hold it? How can re-value the company as it's not undervalued anymore?
I'm going to keep on investing even after I retire at 55 and I'm 40 years old now.
As long as there's left for you to spend on your necessities after you have invested, it's a go-go! However, it's dangerous to go burn yourself with debts because you just want to invest.
Expectation: Crusin' in my 10 million dollar car in 20 years ... Reality: Paying all my bills with my investments within 20 years
You just don't believe yourself..
@@danielpenchev4136 lol 💯
Sometimes you are stuck on 401k with limited conversation options and only stuck with higher fee fund as only choices.
By the way, Trading on margin account and getting carried away is a huge Beginner mistake. I was getting too greedy without so much capital, so was buying stocks on margin which got me in bad debt fast. I have let myself get carried away with credit card in the past (hmmm, do I notice a pattern here 😔😳). I honestly found myself out of breath when I came to my senses. Fortunately I truly bought some stock on sale with average 30% gains, so trimmed my position to balance. I have not calculated my position between margin interest + Capital gains for the quick retraction would bring me up to. Anyway, I’m sure others will run into this , Phil please do a video on margin account, how to watch out for it, how it can sneak up on someone.
Hi Phil, I'm from China and I have bought and read both of your books Rule #1 and Payback Time. I think your second book is my favorite. You said in your second book that you stockpiled bio-science and software stocks, but in one of your videos you said you were not a fan of high-tech companies. So do you prefer investing in high-tech companies to traditional industries? Do you think it's a good idea to invest in high-tech companies in China?
Gist: Value Investing & patience- Great advise Phil.
As with everything in life, keep expectations low. Start investing early so u can make the mistakes early. A realistic expectation is what the index has historically done abt 10% pa.
Thanks, I really needed this 🙏🙌
I just started investing and I'm only in high school. I see it as a way to learn about the economy overtime and to feel involved in the global market more heavily whilst having a possibility to gain some sort of value out of your money. Many of these expectations aren't 100% accurate as far as I've seen and researched, but I can see where the idea originates from.
So great we both share a passion for this 💰
Thank you for this advice
Great videos Phil, thank you!
Thanks a lot for these lessons!
These are some very useful tips. Some of them I knew but even an experienced investor should watch this as reminder. Thanks
Thanks Phill for all the knowledge and feelings that you share with us. I really appreciate it. I am in my way. Thanks to you and your RULE # 1 community we started investing this year.
Hey Mr. Town, I have a question. I am investing in some index funds on my investing platform I use that does not have a fee to purchase shares. My question is should I buy one share at a time when I have enough money saved for a share or should I continue to save until I have enough to purchase say 10 shares at a time? Which would be the best way to do it. Thank you in advance for your response.
Hey Phil!
I would like to thank you for everything you are doing, because you are doing an amazing job, and I hope to see many more videos like this in the future! I've been following you and many other investors for a while now, so I already knew what you have said in this video, but is there anything you would suggest to someone who is trying to change mindset of his family about investing? I am still a student, and my mother is biggest problem, because she supports me financially, but she has a whole different opinion about investing, and she sees all the evil in trying to get rich (all those myths are real in her mind). I am still working on achieveng my financial freedom, I have some result, but they are not good enough to become independant, so I really lack support, because my family doesn't understand what am I trying to accomplish and why.
But how do you know if a stock is well priced? All we see as new investors is the graphs of its value. How to we work out if it's a good price or a bad one?
Look at their balance sheet. Find their profit margin, free cash, debt, etc. Also take a peak at their P/E ratio. This is their price over earnings. Try to stay below 24.
People who don't invest don't know what it's like. People who have done so successfully do know 👍
What are your thoughts on gold mining ETFs and just miners in general. Especially in today’s environment.
man, the recession is really the sucky part, especially for people about to hit their retirement. The 2007 recession no-one saw it coming, u need to know when you are in a bubble, like now(as of July 2019).
Good job sir..pls keep posting
You definitely develop a strong sense of risk tolerance, and a strong gut when your stocks are down 😂
Just wanna master investing.
I absolutely love your videos
Your videos are really Worthy for me...
very informative. i am very strategic with my investing. by learning more then just how to be financially literate. im giving myself a better chance to beat the market. i simply learn the system and how it works.
Hi Uncle Phil, I finished your book Rule #1 two days ago and today I found my first wonderful company, but in order to get the Margin of Safety price, the stock should drop 90% to allow me to buy it!! Is that a good thing? Or should I look for other companies as well
Sounds like you shoud put it on your watchlist and look for others. It could take a long time to drop 90%!!!
YOU ROCK!!!👍👍👍👍👍👍
plz make on indian stock market ,bcz it is one of the best investment to invest ito undian economy....?
Phil can u talk about investing in bitcoin and crypto in general? I really would love to see your thoughts
I am reviewing all Rule #1 workshop to reduce my risk when investing. So I am able to work on my pronostics. Test them first as you taught us. Thanks Phil
Investing is slow not a fast way to millions. That's the reality that others don't know.
Right on point although this is just the tip of the iceburg when it comes to investors expectations.
You always talk about when a company goes on sale. What sort of events would make a company "go on sale"? Do you mean like PR related issues that cause the stock to drop, or do you mean something as big as a stock market crash?
Both 😊
Hi Phil thanks for this one... this will be added to my investor mindset note... bless you from Philippines
Thank you for watching!
Why does Warren Buffet now state to invest in index’s?
for people that are not inclined to do their own research. Mutual funds charge a percentage fee that eats into your returns, which ends up being thousands of dollars over 30 years.
Great Video! Could you make a video about what makes a business sure to survive a stock market crash?
Hey Anthony! Check out Stock Market Tips on my channel: bit.ly/2JWPFCb
Much needed video
Thanks Phil.
People expect to get rich over night💪
Can index fund beat inflation over long run??india
Great shirt!
How do you know which *individual stocks* to purchase?
Read his book rule #1
And listen to his podcast
@@frankyg6906 I just discovered his podcast, this is great
Hi Phil, thanks for the great advises, but how do you choose companies with potential to grow in value?
It's in his book "Rule #1."
I have a great blog post titled "How to Invest Money: A Guide to Grow Your Wealth in 2019". Click this link to learn more: bit.ly/2xRXh37
watch this in 1.25x speed it will help.. 😅
Great advice, thank you Phil 👍🏻
I will be attending the Sept Workshop. I am looking forward to it.
Looking forward to seeing you at the event, Shola!
Hi Phil,
when you worked as a river guide you said you were earning $4k a year.
After 5 years of investing, you turned your net worth into $1.4M.
Even with compound interest and great returns, going from $4k to $1.4M is a bit of a jump!
What else brought your money up ?
Here's a man with the savvy to know the numbers just don't add up.
Phil! How much money did you start with?
Thanks for the great content. I love your recent book.
I started with $1000
*Get Warren Buffet on show*
*Is Tesla a buy?*
Hi Phil, quick question:
Is an Event totally necessary to determine that a company is on sale? or can a company be on sale if it has never reached its true value yet?
Thanks!
Santiago Sanmiguel sometimes some bad news makes a stock go down 10% for no reason and it’ll be back up in a couple weeks on that instance then yes if it’s a lawsuit then your better waiting and watching
Any way to help us value a company .. like intrinsic calculations? Thank you
jonyfive2 check out his “investED” playslist
Click here to listen to Episode 58 - Company Valuation Methods: bit.ly/2Y8n3if
Investing is patience.
I remember Warren Buffet said that most of the people do not want to get rich by older ages. This is the agenda that being mentioned that most of us lack of patience in investing.
You often talk about sitting in cash and waiting for opportunities, which are likely to come sometime in the near future. When the market goes down (and it eventually will), should I keep my money (sit in cash) in a money market account? Although they are low risk, they are not risk free.
I have a great podcast called "What a Market Drop Means to Rule #1 Investors" (InvestED: Ep. 39). Click here to listen! bit.ly/2XGNyfl
Great video
how do you know a stock is on sale or undervalued?
The key to investing with certainty is to know where the stock will be priced in ten years. Click here to read more: bit.ly/2S7QHyP
Buy when people are fearful..
Like before watching the video . I'm sure I will learn something good.
Hi Phil
Really enjoy your videos, it's so nice to hear a realistic view on investing.
Just wondering if you have done a video on how you got to make a million dollars in the 5 year's as that is so inspirational?
Keep up the great content 👍
If you start with little money, lets say 10000$, you must be compounding at more than 100% to get to million in 5 years.
Is it what you did as beginner?
Good topic
How did you get to $1million in 5 years? Was it buying companies on sale, or did you trade options too?
Hello Phil
May you please give us some lessons how to choose companies on sale? Because to be honest with you I thought index companies are the best to invest
subscribe, this whole channel is about that, also check out the invested podcast that he does with his daughter
I have a video on Why Aren't Stocks on Sale in 2019. Click here to watch! bit.ly/2LWbaWm
Basically just like any other work, if you good at the job you do, you will be successful over time, 🤔 question what are you recommendations for someone who makes the minimum wage, how he can invest his extra 1000 that it saved in a year?
I know it's cliche, but if you're on minimum wage, you need to invest in yourself. Minimum wage is meant to be a starting point, not a destination. Find a better job or start a side hustle. That's the best way to build more wealth on minimum wage.
vishka07 Roth IRA or CDs. I wouldn’t invest in stocks right away because of the level of risk.
Crypto
*Patience!* - Investing *can* make you rich over night but most likely will take a long time...
I'm so afraid of investing because of the Bernie Madoff scandal. I just can't believe it 30 years of investing with this guy and all their money was gone. I don't know what I'm going to do help me help me please help me please
It seems like everyone has a different number for what the stock market has averaged over the years. Some say 10%. Others 12%. You’ve put it at 7%. Is everyone just being selective about their starting date?
Also some don't include cumulative interest and just use average yearly interest. For example if you invest $1000 and the first year you lose 50% and you're left with $500. Next year stocks go up 170%. You're left with $850. So one could say your average interest is 10% per year. However the cumulative is way less because of all the swings you take. That's the difference. Even if you average a good return you can see from this example that you can still lose money!
Expectations vs. Reality problem is not that you have bought a value company and it doesn't go up and instead go down, problem is that the company will default. numerious cases in matter of few year here in india. Expectations vs. Reality regulatory will take action in our favour and take penal charges against misdead and malpractice but it doesn't example vakrangee, geetanjali gems, manpasand beverage reliance infra/capital and more
15 minutes a day...... NOT :)
Buy dividend aristocrats...the end
Stock market is a joke. Bitcoin makes you rich over night. /sarcasm
1st view
8th viewer.
I think you learn a bunch of these lessons by giving investing a go and then losing money 😂😂
3% inflatian a year? More like 1,3% average
more like 5%...
@@Bitachon a simple google search of HICP brings me close to a 1,3% past years in Europe, not sure where you live but 5% wouldn't be managable
@@walter8988 it isn't manageable! ;(
Walter
US is 3% average?
that isn't correct... 1929 took about 7 years to break even in real terms factoring in dividends and that it was a highly deflationary time. If one had a more diversified portfolio it would've been sooner!
you busted my bubble unsubscribe! J/k thanks phil!
I really appreciate these videos, but please change your intro :))