In the stock and financial markets, daring to invest is also an initial psychological success. However, the group of retail investors has extremely limited financial knowledge. They participate in the stock market with 100% will and determination to win the market, but unfortunately, their result is always failure and loss of money.
Because, we often easily listen to “free advice” from friends, brokers, and people who listen to information from “driving teams” who make prices and manipulate stocks. We don’t know how to distinguish between the two concepts “price” and “value”. Or buy, sell, and sell continuously every day with your eyes glued to the electronic board, analyzing charts, and moving averages… and expecting a fortune in the stock and its price to follow your guess?
Overview of book content
Many “investors” do not have a standard investment system at all. Not knowing how and what criteria to search for stocks, monitor them, decide where to buy, and decide when to sell. Because there is no standard investment system, the result is that we only have one choice, which is LOSS.
So is it true that only financial experts can achieve success in the stock market? To make money from stocks, you must possess dozens of financial knowledge treasures that are not easily “absorbed” overnight.
Not really. There are many people who, despite not being formally trained in financial knowledge, are still small investors and still beat the market and get rich from stocks. That’s because they have a standard investment system, know how to apply analytical tools and know how to comply with investment principles.
There is a standard investment system that has been applied by master investors in the world such as Warren Buffett, and Charlie Munger… That superior investment system and investment method has been encapsulated and is truly easy to understand in the book PayBack Time – Debt Collection Day by author Phil Town.
Payback Time is the author’s first book
Phil Town’s first book, the #1 New York Times bestseller Rule #1, was a guide to stock trading for people who believe they lack the knowledge to trade. But because many people aren’t ready to go from mutual funds directly into trading without understanding investing—for the long term – he created Payback Time.
Payback Time is a New York Times best-selling book authored by Phil Town, using simple, easy-to-understand language and integrating practical examples to help readers access knowledge about stock investing easily, easy way.
Too often, people see long-term investing as “mutual fund contributing” – otherwise known as “long-term hoping.” But the sad truth is that mutual fund investors are, to a stunning degree, pinning their hopes on an institution that is hopeless. It turns out that only 4% of fund managers consistently beat the S&P 500 index over the long term, which means that 96% of fund investors see a smaller return on their nest egg than a chimpanzee who simply buys stocks in the 500 biggest companies in America and watches what happens.
The book will guide you from how to select and evaluate stocks, to building your own portfolio of stocks to buy, what buying and selling prices are reasonable, along with the principles that you must follow. follow… and keep practicing until you become rich.
“A happy life starts with wise investment decisions.” Today, start your wise investment decisions by being equipped with a complete investment system and method that has proven to be absolutely effective over time presented in this book. Because: Making a large amount of money from stock investment is the best way to “revenge” for your financial future that was robbed before.
Book Table of Contents Payback Time
- Note to readers
- Preface
- Chapter 1: The path from Rule #1 – RULE #1 – to Payback Time
- Chapter 2: How did the rich use the crisis to “RISE”?
- Chapter 3: INVESTING in mutual funds is not effective
- Chapter 4: THE THREE M’S – Risk-free investment formula
- Chapter 5: Payback Time means “FEARLESS”
- Chapter 6: EIGHT STEPS to success
- Chapter 7: Only the FLOOR & CEILING method (FACs – FLOOR & CEILINGs) helps you make money
- Chapter 8: A family’s fairy tale
- Chapter 9: TEMPLE WITH Berky
- Chapter 10: Join the revolution about RULE NUMBER 1.