Make Money While You Wait! | Phil Town

Learn about the basics of smart investing with my NEW Value Investing Cheat Sheet! Click the link above to get started.

#investing #stockmarket

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I'm now on Clubhouse! Give me a follow: @philtown — see you there!

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Timestamps

00:00 - Intro
00:24 - Charlie Munger quote
01:21 - Where to invest your money
02:35 - Investing explained
04:50 - Investing principles
06:47 - Warren Buffett quote
07:15 - Recap
08:48 - Question

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how to invest, investing for beginners, investing basics, stock market basics, stock market explained, passive income, how to invest

[PhilTownRuleInvesting]

Beware of spammers in the comments below! The link above is the only link I'll share with you.

[j.mney]

Buy great companies at attractive prices with a margin of safety. You will become rich over time with this simple approach. Just have to be willing to wait for these great opportunities.

[DandyFinance]

Buy and hold, sounds easy, but it is actually very difficult for most! Thanks for the insights!

[nolansacket]

Phil, I have learned this lesson the painful way...my biggest losses were stocks I sold ( with a 25-50% profit ) but had I of held, I would be up 400-500%...

[Moe-bgor]

What an amazing book you wrote Mr Town! I have become a big fan of your philosophy and consistently recommend it to my friends.

[PAWPAWTHEDAWG]

What do you think about all the Uranium stocks now? Uranium sector in general

[dynamics]

You are a wonderful stock analyst sir....

[pratikmhatre]

Hi Phil, Following you since 3years, I really respect you and Pabrai for sharing valuable investing lessons on YouTube, Respect from India.

[SupaNova]

Thank you for all of your wisdom Phil!

[renatoulianov]

Investment are the stepping stones to success, investing is what creates wealth

[earlybirdfinance]

Agree on that, it is a long term game. Many people get restless at price reductions, but these are quite normal from time to time within a cycle.

[arunvijayanadhababu]

I was expecting some sort of option strategy that will generate income while we wait for price to fall below it's intrinsic value.

[valueguy]

Executed Bull Put Credit spread trades exactly as taught at Phil’s 3 day investment workshop! Thanks Phil an Rule one Team!

Phil, What is your take on using options on VIX products to hedge your portfolio against a market crash?

[norbsj]

I got saved up about 6k and waiting for my favorite companies to come down they are so overvalued at the moment, its alot more downside than upside, but I keep hearing saving is bad but im saving for the right reason, thoughts Phil?

[stephenchu]

I've been following your videos recently and think this is very informative, thank you for the videos! I was considering pound dollar averaging type of investment to begin investing since it's better than doing nothing. I'm intrigued with the idea of buying stocks when there is value, but I'm wondering what you do with your cash while you wait for stocks to go on sale?

[CaseyBurnsInvesting]

People who don’t make passive income don’t understand how rewarding and quite frankly addicting the waiting process is.

[tomTom-lbcu]

Quick question Phil . Are you also considering selling call options and selling put options as speculating? Isn’t selling call options a good way to get out of a stock to rebalance your portfolio of a run up stock? I’ve got some good companies that I’ve watched go up and then come down that pay no dividend at all so basically I’ve gotten no benefit from it. And wouldn’t selling put options be the best way to get into that stock you wanted especially if it’s beaten down already. Can you please cover this one time.

[SmartMamaNutrition]

To everyone who has started or thinking of starting their own business: Believe in yourself and never give up!

[omni]

I'm putting about a quarter of my networth in Forex and Swing trade it. This way I still make money while reducing my risk, while waiting for those big opportunities