EP78: Phil Town: Start Capitalizing and Winning In The Stock Market TODAY

<p>Millions of investors were shocked by the recent market crash due to the unpredictable COVID-19, but there is a group of investors who were prepared... These investors are WINNING in the market right now because they take a Warren Buffett-style approach to investing. And it’s not because they’re financial experts or can time the market, it’s because they use the principles of Rule #1 Investing.</p><p><strong>Phil Town</strong>, the founder of Rule #1 Investing, is an expert investor and 3x New York Times Bestselling author who teaches investors how to buy great companies on sale. His approach is simple: Buy $10 bills for $5 and you are certain to make money.</p><p>This crash is just beginning and so is the opportunity of a lifetime for Rule #1 investors. It’s an incredibly rare time in the stock market when you can purchase undervalued companies at a great price.</p><p>This is when fortunes are made and generational wealth is created. </p><p>On today’s episode of the Perfectly Mentored Podcast, Phil and Jason discuss sound investment practices, what to do during the current economic downturn, what to invest in, and so much more.</p><p><strong>Topics Covered:</strong></p><ul> <li>Who is Phil Town? [00:18]<br/></li> <li>What is the background of Rule #1? Why have the principles behind it held true for at least the last 15 years? [1:54]<br/></li> <li>How has your philosophy background played a role in how you run ads and how you become analytical of everything? [03:11]<br/></li> <li>Why is it so important for you to give back by taking on the role of an investment mentor? [6:30]<br/></li> <li>Do you ever feel empathetic towards the people you’re speaking in front of when you tell them how to invest their hard-earned money knowing the inherent risks involved? [9:52]<br/></li> <li>What is the difference between investing and speculating? [12:30]<br/></li> <li>How is the current market different from past crashes or economic downturns? [14:13]<br/></li> <li>What are some good rules to follow right now for fina