Investing: Expectations vs. Reality | Phil Town

Were you surprised by any of these investing realities? Share with me below! In order to adjust your expectations, you must do your research. Use my Must Have Investing Checklist to help you invest in a solid and wonderful business >> http://bit.ly/2JwOjxw

Phil is my investing teacher. I went to the 3-day workshop in 2016. It totally transformed my financial life from " I dont know a thing about where my money is and what to do with it" to " I have a solid understanding and I know how to make my decisions".

Expectation: Crusin' in my 10 million dollar car in 20 years … Reality: Paying all my bills with my investments within 20 years

That's right!…Be a millionaire is not something that happen from today to tomorrow…well, if you gain the mega million lottery is another thing, but the probabilities are not 100% possible…Thank you for your guidance to keep our feet on the ground!…Grateful to have this opportunity to learn more and more!

Hi Phil,
when you worked as a river guide you said you were earning $4k a year.
After 5 years of investing, you turned your net worth into $1.4M.
Even with compound interest and great returns, going from $4k to $1.4M is a bit of a jump!
What else brought your money up ?

plz make on indian stock market ,bcz it is one of the best investment to invest ito undian economy….?

Thanks Phill for all the knowledge and feelings that you share with us. I really appreciate it. I am in my way. Thanks to you and your RULE # 1 community we started investing this year.

Thank you Phil for all your wonderful information and advice. Thanks for all the videos!

Hey Phil!

I would like to thank you for everything you are doing, because you are doing an amazing job, and I hope to see many more videos like this in the future! I've been following you and many other investors for a while now, so I already knew what you have said in this video, but is there anything you would suggest to someone who is trying to change mindset of his family about investing? I am still a student, and my mother is biggest problem, because she supports me financially, but she has a whole different opinion about investing, and she sees all the evil in trying to get rich (all those myths are real in her mind). I am still working on achieveng my financial freedom, I have some result, but they are not good enough to become independant, so I really lack support, because my family doesn't understand what am I trying to accomplish and why.

I just started investing but I am already losing faith. Glad to have found your video. It immediately turned my negativities into optimism.

Been watching your videos for a little while now ?? Really Good Content !!!

man, the recession is really the sucky part, especially for people about to hit their retirement. The 2007 recession no-one saw it coming, u need to know when you are in a bubble, like now(as of July 2019).

Financial education and experience are the secret sauce to all this money stuff!! It is very hard to pick winners and losers in the stock market. Great video!

Good job sir..pls keep posting

The great thing…after smashing the like button…is that up or down i continue to recieve dividends

Hi Phil, I'm from China and I have bought and read both of your books Rule #1 and Payback Time. I think your second book is my favorite. You said in your second book that you stockpiled bio-science and software stocks, but in one of your videos you said you were not a fan of high-tech companies. So do you prefer investing in high-tech companies to traditional industries? Do you think it's a good idea to invest in high-tech companies in China?

You always talk about when a company goes on sale. What sort of events would make a company "go on sale"? Do you mean like PR related issues that cause the stock to drop, or do you mean something as big as a stock market crash?

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I absolutely love your videos

Sometimes you are stuck on 401k with limited conversation options and only stuck with higher fee fund as only choices.

By the way, Trading on margin account and getting carried away is a huge Beginner mistake. I was getting too greedy without so much capital, so was buying stocks on margin which got me in bad debt fast. I have let myself get carried away with credit card in the past (hmmm, do I notice a pattern here ??). I honestly found myself out of breath when I came to my senses. Fortunately I truly bought some stock on sale with average 30% gains, so trimmed my position to balance. I have not calculated my position between margin interest + Capital gains for the quick retraction would bring me up to. Anyway, I’m sure others will run into this , Phil please do a video on margin account, how to watch out for it, how it can sneak up on someone.

There are as many methods to invest, as there are grains of sand on a beach and there is no one solution. Personally I follow a dividend approach through diversification of the various asset classes + a scattering of a few stocks from a select number of industry sectors. Personally I like having a good fiduciary broker whom can assist, advise and I can use as a sounding-board. You're right on about 7%, it's not going to happen over night and that it looks as if we're back into a 1965-1981 investment period.

Hi Phil, thanks for the great advises, but how do you choose companies with potential to grow in value?

very informative. i am very strategic with my investing. by learning more then just how to be financially literate. im giving myself a better chance to beat the market. i simply learn the system and how it works.

Any way to help us value a company .. like intrinsic calculations? Thank you

Gist: Value Investing & patience- Great advise Phil.

Phil can u talk about investing in bitcoin and crypto in general? I really would love to see your thoughts

Great video

that isn't correct… 1929 took about 7 years to break even in real terms factoring in dividends and that it was a highly deflationary time. If one had a more diversified portfolio it would've been sooner!

I will be attending the Sept Workshop. I am looking forward to it.

you busted my bubble unsubscribe! J/k thanks phil!

As with everything in life, keep expectations low. Start investing early so u can make the mistakes early. A realistic expectation is what the index has historically done abt 10% pa.

It seems like everyone has a different number for what the stock market has averaged over the years. Some say 10%. Others 12%. You’ve put it at 7%. Is everyone just being selective about their starting date?

Great shirt!