Payback Time: Making Big Money Is the Best Revenge! Audiobook (Free)

Don’t get mad, get actually…

Phil Town’s first publication, the #1 NY Times bestseller Rule #1, was helpful information to trading for people who believe they lack the knowledge to trade. But because many people aren’t ready to go from mutual money straight into trading without understanding investing-for the long term – he developed Payback Time.

All too often, people observe long-term investing as “mutual fund contributing” – in any other case referred to as “long-term wishing.” But the sad truth about Payback Time: Making A LOT OF MONEY Is the Best Revenge! is that mutual account investors are, to a sensational level, pinning their hopes on an institution that’s hopeless. It turns out that only 4% of fund managers consistently beat the S&P 500 index over the future, which means that 96% of account investors see a smaller sized return on their nest egg than a chimpanzee who simply buys stocks in the 500 biggest companies in the us and watches what goes on.

But it’s even worse than that. The net effect of hitching your wagon to shared funds is that over a lifetime they’ll fritter away as much 60% of your nest egg in costs. Once you know how funds engineer this, you’ll hurry to invest on your own.

Payback Time’s risk-free approach is named “stockpiling” and it’s how billionaires get rich in bad markets. It’s a couple of guidelines for trading (not trading but investing) in the proper businesses at the proper time — rules that will ensure you make the big money.