Rule One Investing Blog

One of the major components of Phil Town’s book Payback Time is telling you to ditch your Mutual Funds. He provides a few great points about how these funds make money regardless of if you make money and that they HAVE to make money even in a decreasing stock market. All valid points in my [...]

Phil Town released his second ‘financial freedom’ book in early 2010 named Payback Time. This book is basically a continuation of the Rule #1 book. In general, I thought this book was really good. As with Rule #1 it provides simpler explanation of concepts that are barely discussed or discussed in complex detail. The simpler [...]