Book description
Millions of people have done everything recommended by professional
financial advisors only to see their retirement funds dwindle or even
disappear entirely in the global financial crisis. Does anyone really
still believe that methods such as 'buy and hold' investing will
protect them from risk?
In Payback Time, Phil Town - author of New York Times
bestseller Rule #1 - demonstrates the investment tactics
that will enable you to ensure a safe and profitable financial future
for yourself. Calling on time-proven strategies used by the world's
best investors, he shows how you can reverse your nest egg's downward
direction by purchasing the stock of solid companies at windfall
prices - prices that can only head in one direction: up!
This simple method will help you to achieve 15% or better annual
returns, with the least amount of risk. The time has never been better
for making money in the stock market - if you know how.
Following several years with the Special Forces during the Vietnam
war, Phil Town returned to the United States and supported himself by
working seven months a year as a river guide in the Grand Canyon. His
annual income was in the low four figures. After some split-second
heroics on his part saved a boatload of Outward Bound trustees from a
whitewater disaster, a grateful financial expert who had been onboard
took Town under his wing and taught him the first principles of Rule
#1 investing. Town managed to put together a 00 stake, and within five
years had turned it into million.
Today Town speaks to more than 500,000 people a year on the topic of
risk-free wealth creation and is regularly a featured expert on MSNBC
and CNBC. His first book, Rule #1, was a New York Times
#1 bestseller.
