Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!

Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! | Phil Town | Better than Cramer

books:

Rule

	Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! Phil Town Three Rivers Press, 2007 - 336 pages average customer review:based on 151 reviews view larger image
	for more information click here

highly recommended

clear system for stock investing

First off, I am a personal-finance newbie, and picked up this book looking for a simple overview on all the financial jargon, such as P/E Ratio, EPS, Book Value, ad nauseam. "Rule #1" explains that well, and it's also a great how-to about stock investing.

However, when I first started reading, I was close to throwing this book away. The first chapter is garbage, where all Town does is pat himself on the back and sell this book. But don't give up, because the rest of it is fantastic, and I got a ton out of it: what financial information actually matters, and where to find it on free sites like MSN.

The author should be commended for attempting to handhold the reader through using free websites like MSN Money to put together these numbers. Unfortunately, the sites change quickly, and not everything matches up between the book and the web. This is not the end of the world though, because his website DOES have up-to-date instructions for getting the required fields off of the web for free. He also has financial calculators, and the formulas for how to get Microsoft Excel to do the calculations for you (cause I can't do growth rates in my head).

This was EXACTLY the book I was looking for, and I highly recommend it. I feel much more educated about investing in the stock market. Before, I would dread reviewing my retirement accounts and investment holdings, but now I am excited when doing the research on companies I'd like to own.

As a disclaimer: I've figured out how to use his system and am practicing it inside a Roth IRA. There are many rumors of recession currently going around, so we'll see just how good this strategy works for me.

for more information click here

Better than Cramer

I've read a dozen or so books including one by Mr. Buffett and this is by far the best stock investing book I've read. Very clear book, with step by step instructions. Now I think it was good to read most of the books, too. For instance, Jim Cramer's book has some rules that this book didn't have and I'll definitely use.

If you're a beginner or novice or having been happy with your returns, definitely read this one. Though, I suggest you read other books too. Hint: stop following stock tips of TV shows on CNBC.

Good luck

Changes your paradigm completely!

I borrowed this book from the library and was so impressed that I had to buy it from Amazon. It completely changes the way you look at buying stocks, and gives you some great information about evaluating stocks so the stocks you purchase will most likely increase in value. It is written in a fun, easy to understand way, which I found especially helpful since I'm not a "numbers man." This is a no risk purchase - a lifetime guide for buying stocks.

for more information click here

Excellent model for new investors to follow

Well written and easy to read. Phil does not over-complicate investing in the stock market. He shows you how to evaluate a company based on the fundamentals, independent of the analysts and bloggers. You'll come away with a good model/system to follow, and a solid understanding of how to value a company based on historical performance. Take the guesswork and wishful thinking out of your stock purchase decisions and use the model Phil teaches. You'll have much more confidence in how you're investing your hard-earned money.

OK

I recommend RIC EDELMAN book. This one was ok but it seemed drawned out. Go to the library and read this book don't spend the money on this book. Buy companies you know, make sure they have a future, buy companies that don't have alot of debit. DUHHHHHHHHHHH...... Not horrible but not great.

for more information click here