Thursday, March 09, 2006 9:16 PM
rporter
Rule #1
I believe it was Warren Buffet that said "The first rule of investing is don't lose money." Here I always thought it was "buy low then sell high!" The second rule would be great if you could figure out how while the first rule, rule #1 is something I can see myself doing.
I saw Phil Town a year ago at an all day event that included General Tommy Franks and Jerry Lewis. His was one of the product seminars, but I really liked the methods he used. I might have signed up for the training seminar, but TerryAnn and I went on a major debt diet shortly before that. We are paying down debt and not starting new debt until we are free. We are doing well, and hope to be back to a point where we have the debt retired and apply the money we used to use servicing it for saving and investments sometime this year. So I was real pleased to see and have pre-ordered his new book! I highly recommend it if you enjoy making money investing.
And if you need to go on a debt diet before you get started, then Dave Ramsey is the man with the down to earth, easy to understand, practical plan.
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Tags: Investing Rule#1 debt PhilTown DaveRamsey
Filed under: Personal