How to Invest: Becoming a Millionaire | Phil Town

[@conrazon]

This is one of those videos that you have to watch several times and study it over an over again until you mastered the information on it. thanks Phill

[@davidharford3873]

Indeed! These videos are golden :) I'm in the "Wait" phase at the moment. Patiently patiently waiting for the next market downturn!

[@sanjeevrana5575]

@@davidharford3873 Hi David, If you could share, I would be interested to know how you took the advantage of past couple of years downturn? Also, where did you kept (invested) your money while waiting for this opportunity?

[@mr.martian7064]

negative

[@maritalaureano9496]

@@davidharford3873 535

[@javonsuniverse]

true indeed

[@samitpiku]

Rule#1 is the most underrated book.

[@enelraj915]

Still can’t believe there are actually “gold content” on KZbin. U r genius!

[@harryswamipersaud757]

Thanks

[@nothingnothing3211]

Ya it's very hard to manually search such contents.

[@soultownzmusic3430]

You're the best Phil. I've been a investing now nearly 10 years. When I first started I was doing stupid risky types of investing. Then as I researched more and more I stumbled into Value Investing that made a whole lot of sense. It opened up my mind in a big way and thought I can do this. This is after I read Benjamin Graham's book. Once I've adopted the Value approach, I am getting around 45-80% returns when I sell a stock. 25% is actually little for me now. What you've highlighted here is a no brainer but somehow a lot of people don't follow it as they let their fear takes over them. for helping so many people.

[@leoliu4348]

Phil Town is a Saint during these times in Oct 2020

[@biswadebbhunya4999]

Hi Phil, thanks for this great advice... I read your book Rule #1 & Payback Times this two books are great.. Thanks for writing this books.... I have one Request you to please start online Workshop. Because that will help lots of people like me who is unable to attend your workshop in USA. See you soon in online workshop. Thanks Biswadeb Bhunya From India

[@karlfrederikjuul33]

Phil, I love your videos - they are so easy to understand and you are so connected with us who watch that it is such a pleasure to watch!

[@TheMpamMpam]

I am subscribed and follow you for a long time, but just today I've found out how much value can someone find in your site. Thx

[@ahmedadewoyin2252]

Thank you Phil for this video. Your Rule #1 book has been very helpful in my investing journey.

[@shawat]

your channel deserve to be much much bigger! continue with your greth work. thanks

[@HewettBrian]

Got almost two pages of notes off this. Thank you for the info. I have not started yet but I’m trying to learn and investigate companies. I’m also looking at portfolios of wealthy people to get ideas on what to look for.

[@PhillipForrence]

Just starting. This video was incredible. Next steps are build a watchlist and try to learn how to evaluate these numbers and businesses.

[@isabelvelez1105]

Just started need to stay very close to your lesson and study study!!! Thank you Phil looking forward for more knowledge

[@dr.gerikruckenberg1165]

Thank you Phil!!!!!!! Can't wait to get started. I've been gearing up the last few weeks by doing your online course. Getting ready for more teaching/info in Atlanta in June. There are a couple of companies I'll be looking at once I get more comfortable with the knowledge, probably try them out in Atlanta during your course.

[@saaras826]

Awesome, thank you!!! This is fantastic video, very informative and motivational..one must go through this repeatedly to have confidence in investing. I love watching your videos👍👍

[@luisrosado9694]

Thank you, very, very educational, love it.

[@nikosstavropoulos1200]

Of course, I have started. #Rule No1 is life changing experience.

[@Ballt1llif4ll]

Ya know, I subscribed, watched about 10-12 videos, and realized he just takes what warren buffet says and Ben graham wrote in his books and repeats it back to us verbatim. Genius on his part

[@officialchannel1292]

😂😂😂😂

[@MrDooley45]

Great advice for a newbie starting out in investing😊👍

[@caroleturgeon8493]

Wow so mych to learn, but I like it it comes little by little . You are a great teacher !!

[@CarlosRodriguez-hx8ob]

This so Helpful. I love your Channel Phil. Thank you sir

[@ristokokla5633]

this is one of the best videos on the subject i have ever seen.

[@Golden_Tortoise]

Thank you for the solid video!

[@1974xaviers]

Good video... very informative..... thanks 🙏

[@PaulJKurucz]

Phil, this is a great video that provides solid advice. Thank you for sharing your wisdom! I wish I had had access to this guidance in the year 2000 when I owned Amazon shares and really understood it (Step 1). My problem? "Why can't the rest of the investing world see what Jeff Bezos is building?!?" When you "get" what is happening in an industry and company, and are impatient for everyone else to catch up, you sometimes throw your hands in the air and sell... because the stock doesn't seem to be going anywhere. Real estate: Location, location, location. Stocks: Patience, patience, patience. For the price to go down (Step 3) and when it goes into the stratosphere (Step 7). What am I looking for now (Steps 1, 2)? One or two robotics companies that will create the "breakout" robots that everyone will want. When I find these companies, I will follow your steps 3 to 6 diligently...

[@jamessutcliffe7984]

Any luck so far with robotics companies?

[@FrakkingCreations]

I wish i had access to this kind of easily digestible info when i was younger. Thanks Phil.

[@PhilTownRule1Investing]

Thanks for watching and commenting, Frakking Creations!

[@clovelly1606]

One of your best Phil! Thank you always.

[@johnathanstoneman2540]

I just realized how much power this strategy combined with dividends could be I am excited to see how it goes!

[@romeshkirpalani848]

Sir I love your personnality and composure...great

[@basichistory]

I am interested in investing in oil companies. Although electric cars are fashionable I believe the internal combustion engine will be around for a long time. I don't have a lot of money to start off with just a few thousand Euros. This is a great channel, lots of very useful information.

[@enriquejaimes3368]

This video is literaly pure gold, thanks!

[@enelraj915]

Yes, ur videos gave me courage to finally start a portfolio

[@rajeevverma2305]

Phil .. Thanks for sharing your wisdom.

[@brykit1972]

This is a great summary video of Phil's investing philosophy.

[@dronepilot8374]

it's a long road to wealth for some. At this moment I have opened an SDBA or a Self Directed Brokerage Account attached to my 401K. Now that I have increased my monthly contribution from my paycheck to 12 percent before taxes, I'm firing my mutual fund manager and transferring 100 percent of my vested funds from 401K to my SDBA cash sweep account. Next I researching companies that I can understand, looking for moat, managment, and on sale. run the numbers, zero in, and sit in cash until an event puts my businesses on sale. when on sale I'll load up the van, sell at a profit when the time is right. Rinse and repeat.

[@enelraj915]

Thank u so much!!! Looked all over for an easy to understand for dummies tutorial. ❤️❤️❤️ I never got how it really worked in class. Went in one ear and out the other. But you did so well explaining that. Your the best!

[@johnhernandez4644]

wow! Great info. Thanks for the insight.

[@charleswilson8038]

U r the best. Down to earth. Thank u.

[@vighneshdivekar6802]

WoW! Sir! Incredible.! What a knowledge...!!! I started investment and by that I was also collecting information and now finally got true and pure knowledge.! Thank you.! Seriously one day I ll definitely meet you in real life...!!!

[@lancebernal9982]

Love this information. Just starting to get into investing so this is very helpful. Thanks!

[@jonsoderstrom9659]

I'm studying and paper trading. Look forward to seeing you in February.

[@sungpradip]

THANK YOU PHIL. YOU ARE AWESOME AND INSPIRING.

[@rawveganfoodforthought2333]

It would be really nice to see some current videos addressing the current state of the economy

[@sgist7824]

Do you apply the same principle to index funds, ie sell when high?I mostly have index funds. However, I also like Barratt Developments in the UK, just sold last week as seems high at the moment, I'd bought and held so far. I've no idea what price would be good to aim for but at least 20% less I imagine.

[@audie161616]

I am appreciated for what you have done and would find the business I love and start my investment career!

[@loandaothithanh5644]

Thank you for your sharing!

[@nyctrading3799]

Thank you! So much great advice!!

[@malyatltd]

This is the video one I was looking for long time. 👍👍👍👍

[@PipoBk]

The principles of this video should be taught a whole your in high-school! The school system is broken

[@philipprichardt8057]

Read "The Grunch of Giants" written by R. Buckminster Fuller. These principles will NEVER be taught in school.

[@SQLUniversity]

Phil. I was just at the class this weekend. What an amazing course!

[@tio7569]

This is one of the best investment advices, thanks dr Phil!

[@bjengs]

Phil - your videos, podcasts, and books are terrific. One question I have about selling (step 7 in this video). What is your selling strategy for a company that is still wonderful but whose price now well exceeds the sticker price? Do you sell all of your holdings? Or enough to recoup your original investment, or...? And what is your strategy for selling if the company is no longer wonderful? Again, sell all, sell some, or...? Thanks!

[@camperlulu2467]

You give me hope (again)! I am going to do it all over again. (I took your classes in 20007 and then lost everything (didn't follow the rules, had fun, and then got greedy). Then I sold everything (short-sale'd the house) lost our actual bio-tech company to trade-agreements and other foolish mistakes that we were in control of. Anyways --ditched regular life and lived as a traveler for ten years in --literal poverty. Wish me luck! I'm going to start my wish list with my little cheesy commission salary from selling RV's. ;-) Problem is I haven't bought anything in soooooo long I have no idea what that wish list should be.

[@Simon-je7ko]

Stockpiling is much better than dollar cost average. Way better. You just have to be patient.

[@badaboombadabing808]

Hi Phil - Love the videos.. I'm learning a lot.. My question, how are you watching those big 5 numbers? I'm invested in MCD, O and Sprint (Sprint because of the discount before the merger, bought at $5.80/share).. Generational wealth, LOVE it!

[@sergeyizgorodin9351]

Phil not quite sure of how to use the margin of safety calc. Could please you provide a detailed example ?

[@bhushann2356]

Congratulations on another great video!

[@RIVER.999]

Thanks. This really helps.

[@NoahFonoti]

Awesome video, thank u 🙏

[@Spanguolis]

Awesome advice! I will watch all of your videos during my free time. Currently im investing in stocks for passive income and trying really hard to save up for an apartment so I can rent it out. Huge challenge is to value the stock price, what if a company expands and stock value increases? Then its difficult for me to value it. Im gonna explore more about it. Thanks again!

[@michaelgray1223]

Thank you for creating such wonderful content. It's substantial, meaningful and very actionable information. Regards

[@robertmetzger5896]

Phil, I just got done reading a book called "Why Moats Matter" by Heather Brilliant. It gave a very good explanation of moats and their importance. The best part were the questions she provided in the book by sectors to ask yourself when evaluating a business. I can't help but think it may be on your book shelf. Take care my friend.

[@thecapone45]

Okay question. This has to do with my intended strategy. I get and understand that we should wait for a stock to drop in price. But the problem is, I feel like I’d be waiting for something that may not happen, I’m “timing the market”. I’ve tried this with various GOOD companies and because they’re GOOD, the value often ends up rising anyway. Like FAANG stocks. It doesn’t go below a certain price anymore. Second. And this is my MAIN question... Why would I wait when I can buy the stock now, get potential dividends and growth, keep a cash reserve, and if it drops in price, I BUY more of it, and then I can break even with my previous loss much sooner. Wouldn’t this be a better idea than keeping myself out of the market?

[@egor.okhterov]

Don’t look at it as if you are missing something by not buying FAANG. There are thousands of companies. Focus on the downside. If the price doesn’t go below your target, just skip that company. You should feel that this is easy money when buying a company. A good investment is accompanied by good feelings and you react in a different way when the price drops below after you‘ve already bought some shares.

[@travisvallance]

Awesome video. Keep making more!

[@stanleymars753]

how do you use Margin of Safety Calculator? It doesn't let me use decimal points in Current EPS column

[@sajidtoppa2259]

Very good video, thank you phil.

[@kohon2kohon]

Thank you for the awesome video!

[@Scott_General]

im into the pot stocks. i wish i seen your video sooner. i could of helped me not being afraid lol. great video thank you.

[@wajdic]

Great video. I just wanted to ask a question about determining the value of a company: generally, popular companies like Coca cola, Apple, GE, etc. have been there for a while, are having new products on the market regularly... do we still have to do the calculations for their big 5 numbers before buying their stocks? I mean, Isn't it obvious or may be there is anther strategy to invest in this type of companies? thank you.

[@subconsciousthinkers]

thanks for the advice going to implement this asap

[@wyvernspit]

What platform do you use to manage your stocks?

[@pradeepnaickar1016]

How much do you sell when it's on greed band as you said 20% above the sticker. Do you get your whole investment out or how much part of it?

[@TruthDefender]

Very encouraging video

[@vinodthan108]

Thanks Phil. This was very useful and a good refresher to watch. I'm in my process of researching "my wonderful companies," but I have a question as to how know when these companies will go on sale especially now that the market is close to a crash? What kind of tools do we use to "watch" the stocks of our companies decease and go on sale? What kind of tools do we use to see when the next recession is going to hit?

[@Yelsars]

Love your way thanks

[@ArifAnsari-du4kq]

Thanks a lot sir.. Hats off you sir...

[@keshia001958]

Bless you Phil Town.

[@subconsciousthinkers]

This is gold i review it every week im investing

[@jpanPirate]

The information is a gold mine

[@26gazelle]

Holding Enphase!! Long enph since $4

[@FatBoy7.3Powerstroke]

enphhase is taking a beating these past few weeks, I got my fingers crossed they get back up to $28, now down to $22

[@kittukunal]

great video. thank you sir

[@ActorDarrylGreen]

great video!

[@darknesswithin5782]

I like your videos and currently theres a blood bath in the stock market right now bec. of corona virus and i want to buy stocks but problem is i dont have an account and im onboard bec i work as a seafarer. it sucks thinking that i coul buy my favorite stocks go down at 60 percent already.

[@JohnMarchionifinalpick]

I would like to know in the new GE looking for cash split dividend is this a good time to buy in...?

[@relikvija2]

Man, if I got amazon stock this second, it would drop 89%in 9 seconds. :)

[@laferriere6]

then let me know when you're getting in... lol

[@bradmalley9585]

so it was mentioned that when you are up 20% sell and do it all over again , all my stocks are up more than 20,30,40,% and have not even fully recovered from the crash because i bought AC at 15 , suncore at 14, Boeing at 177, and a few others . should i sell at 20%above what the pre crash price was?

[@ujwalgowda2409]

Nice content keep up...

[@invercionesconsalvador]

Good info thanks. I can't wait for the market to crush, I'm here ready with my truck and trailer ready to load up and pick up all of the goods that are available when that happens. 😀

[@nthapn]

Any Australian investor here? I am looking for the indicators needed to calculate the ROIC, EPS etc for companies. But I can't seem to locate these values Net Operating Profit After Taxes, Equity, Debt, EPS numbers and so on. Which Stock Data website are you using? Thanks for your help.

[@gamerbotak168]

I love this guy, really!

[@SudarshanKeshav]

I am keen on investing but I have problems in identifying "good companies on sale'.... Need help with that

[@mrrtmiagree1033]

hi Phil I'm 40 and want to start investing where should I start?

[@mrharleytx6813]

Mr RTM i agree e trade

[@tronghieuknk]

Great, but most of us forget it when market goes up/down

[@MP-fm2ip]

THE TIME FRAME IS NOW to buy 3 stocks I love. It will be a total of 4 times that is 25% in December 2018, 25% in February 2019, 25% in April 2019 and 25% in May 2019.

[@Ranjit.Kulkarni573]

Excellent Video.

[@jesuschrist3.146]

Can we hold for the future or sell at high valuation which one id good and why????

[@dhrjani2]

Awesome video ...

[@TheMusicGuru22]

I struggle with finding a moat the most! So much competition out there in every industry it’s difficult to assess

[@surendrashekhawat4155]

Most people goes to the Ocean with a spoon. - Jim rohn

[@Karin6509]

I hope so. :D Thanks for all the nuggets!