"Payback Time: Making Money Is The Best Revenge!"
Don’t get mad, get even…
Phil Town’s first book, the #1 New York Times bestseller Rule #1, was a
guide to stock trading for people who believe they lack the knowledge to
trade. But because many people aren’t ready to go from mutual funds directly
into trading without understanding investing—for the long term –
he created Payback Time.
Too often, people see long-term investing as “mutual fund contributing” –
otherwise known as “long-term hoping.” But the sad truth is that mutual fund
investors are, to a stunning degree, pinning their hopes on an institution
that is hopeless. It turns out that only 4% of fund managers consistently
beat the S&P 500 index over the long term, which means that 96% of fund
investors see a smaller return on their nest egg than a chimpanzee who simply
buys stocks in the 500 biggest companies in America and watches what happens.
But it’s worse than that. The net effect of hitching your wagon to
mutual funds is that over a lifetime they’ll fritter away as much 60% of your
nest egg in fees. Once you understand how funds engineer this, you’ll rush
to invest on your own.
Payback Time’s risk-free approach is called “stockpiling” and it’s how
billionaires get rich in bad markets. It’s a set of rules for investing (not
trading but investing) in the right businesses at the right time --
rules that will ensure you make the big money.
see more reviews of this book or to purchase it from Amazon click on the link:
Payback Time: Making Big Money Is the Best Revenge!
“Finally, an investment book that’s easy to understand and actually works in
the real world. PAYBACK TIME will make a lot of people very, very rich!”
--T. Harv Eker, author of the New York Times #1 bestseller, SECRETS OF
THE MILLIONAIRE MIND
“There's never been a better time then now to start over and finish
rich! Recessions make millionaires and Phil Town's strategy for stockpiling
wealth in the stock market is a fantastic vehicle for achieving that goal.
You'll realize when you read this that it’s still possible to recapture your
dreams of a richer, better future.”
--David Bach, #1 New York Times bestselling author of START OVER,
FINISH RICH and THE AUTOMATIC MILLIONAIRE
“Masterful in its insights...brilliant in its simplicity and practicality!
With uncompromising clarity, Phil Town exposes the truth about how poorly
mutual fund managers perform, then proceeds to teach a very precise
methodology for finding, evaluating, and investing in valuable businesses.
PAYBACK TIME is a must read for everyone who's ready to take complete control
of their financial freedom, and wants to do so with confidence, safety, and
sound investment principles.”
--Tony Martinez, Founding Partner, Wealth Without Risk, LLC
“Town knows how to play by the rules in the ‘making big money’ game. Consider
his book a gift to your financial library.”
--Robyn Spizman, New York Times bestselling author and founder of The
“An incredible book that will teach you how to achieve financial independence
faster than you ever thought possible.”
--Brian Tracy, President, Brian Tracy International
"Town has nailed it…PAYBACK TIME gives you the insight and mindset to maximize
--Joe Sweeney, President of Corporate Financial Advisors and author of
NETWORKING IS A CONTACT SPORT