Bad Investing Habits You NEED to Break | Phil Town

What are some of your bad investing habits? Share with me in the comments! An important part of investing success is planning it all out. Get my free guide to map out your investing journey: http://bit.ly/2QJLV9S

Very Helpful! I'm thankful to have watched this video! Thank you very much!

One of the VERY best vids from Phil….honest, clear message. Not let's chat about the details which companies he likes. 🙂

GE was a great company for years and years. Look at it now. Also, look at Kraft Heinz. They got slapped for accounting irregularities. Keep stocks forever??? It's not always a good idea as seen with GE and Kraft Heinz. Just sayin'

My biggest problem has been to keep an asset long after the asset peaked and then lost money, with no indication of recovery. I disagree with your assessment on diversification; I recouped all 2008 losses within 1 1/2 yrs and made profit through diversification from 2010 and into 2018. Otherwise many good points. Somewhere around 2008 and 2009 I started to buy, buy, buy.

Respectfully, sitting on the sidelines has cost investors 20% returns year to date, and counting. Mich

Then why does buffet say he wants his fortune 90% s&p index and 10% bonds when he dies????

I agree stock advisors and analyst don't know what they're talking about.

I agree

Great advice! I am a new investor in the market. I'm still learning from your advice.

Who’s in the longterm game? ?

The S&P 500 went from 770 in 2009 to 2100 in 2015. How is that sideways??? We've been in a bull market since 2009.

Amazing advice!!!

Thank you sir… Excellent advice

Be patient and you gonna lost more money just like my uncle just has been investing in stock market for 10 years without doing anything.

You basically suggest to people to do what Warren Buffet does, but… after hours. Amateur investors will do well by getting a cheap stock index fund, like Vanguard S&P 500. This is 100% passive and doesn't require any skill or time. Most people aren't professional investors and will never be. For every Warren Buffet there is a million Joes who have a job and some savings to grow. These Joes are never going to get good at investing, because it's a serious profession which requires time, skill and talent to master.

I have read your daughter's book invested….she is just like you.

Mr Philip can I get your whatsapp

Serious question … since Buffett is the greatest investor ever and he is a master at picking winners and losers, why not simply own BRK.B?

3.12 3.12

Did I understand correctly that S&P 500 is a bad idea according Buffet?
Berkshire Hathaway's Warren Buffett said passive investing in index funds like the S&P 500 Index "makes the most sense" most of the time.

biggest profit ive got now is $500+
SBUX

I'm a simple man. I see invest, i subscribe

Phil, what are your thoughts on Boeing & Tesla? I feel like Boeing can be bought at 300$ and lower in the near future.

Wow, just found this channel! I love the way you break things down in an easy to understand way. You take what could be a boring topic, and somehow make it easy and fun to learn. I'm going to implement everything you talk about and hopefully become a more competent investor. Thank you!

I believe every need a keen understand of these.

Great presentation sir!

buffet is lost in todays markets, which have moved quickly beyond his abilities as a man whos nearly dead.. and munger clearly has lost his sharpness of thinking. i give them less weight every passing year.

Biding on overpriced and inactive assets?

I've been more ethical about my investments ever since my partnership with Mr Norman Watson for passive income mostly stocks and cryptocurrency.

Hi Phil!
Absolutely love your rational ideologies and thank you for connecting me with the Dhando investor (great book!). I just want to touch on using trading options during our long positions. With doing excess research on stock that you know so much about, would you also consider writing covered calls on this underlying stock you already own and have a vested interest in once it is nearing its intrinsic sell price (in your book, sticker price +20%)? I was basically wondering if you ever go down the options road or you just KISS. If the call goes above the strike price, thats good news and you sell with the premium and if it doesn't, you keep the premium etc.

Would love your guidance!

Cheers

Great buffet summary

Just GREAT thanks for sharing Phil