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Optimal Finance Daily - Financial Independence and Money Advice

1135: 3 Common Investing Lies Busted by Phil Town of Rule One Investing on How To Pick Stocks & Research the Market

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 18 April 2020

⏱️ 9 minutes

🧾️ Download transcript

Summary

Phil Town of Rule One Investing shares 3 common investing lies busted. Episode 1135: 3 Common Investing Lies Busted by Phil Town of Rule One Investing on How To Pick Stocks & Research the Market Phil Town's portfolio has been ranked No. 1 by the American Association for Individual Investors when it produced a 50% rate of return. He has a passion for investing that is hard to beat and he wants to share it with you. Phil has written three New York Times #1 Best-Selling Investment Books, Rule #1, Payback Time, and Invested, and he's been invited to speak on TV shows on CNBC, FOX, and MSNBC. The original posts are located here: https://www.ruleoneinvesting.com/blog/investing-news-and-tips/3-common-stock-market-investing-myths-busted/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

If you've been feeling overwhelmed with anxiety lately, try listening to a guided meditation on the Meditation for Anxiety Podcast.

0:10.0

Meditation is a proven natural way to help you calm down and dissolve stress so you can

0:16.5

feel lighter and happier. So subscribe for free today to the Meditation for

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Anxiety Podcast by Searching for Meditation for Anxiety on your

0:26.2

favorite podcast player.

0:30.1

This is Optimal Finance Daily. Episode 1135.

0:33.8

Three common investing lies busted

0:36.8

by Phil Town of Rule 1 Investing.

0:39.5

com.

0:40.7

And I'm Dan, I'm your host here at Optimal Finance Daily, and I'm here every day, including the weekends,

0:46.0

bringing you some of the best personal finance blogs on the planet in audio form.

0:51.0

And if you didn't know, we actually have five different podcasts in this network

0:54.8

covering a bunch of different topics it's not just finance it's much more than that

0:58.6

so to check out all of those shows just search for optimal living daily wherever you're hearing this.

1:04.6

But for now, since you're here, let's get to today's post as we optimize your life.

1:11.1

Three Common Investing.com.

1:20.0

There are common investing lies and myths that can often scare off the individual investor and make them wonder if investing is worth it.

1:27.5

I've put together my top three straight up investing lies that the majority of people are taught to believe.

1:33.4

And to bust the myths, I'll also tell you the truth by offering insight into

1:37.9

time-tested rule number one methods that will actually help you grow your wealth and reach your financial goals.

1:45.0

1. You have to be an expert to manage money.

1:49.0

One of the biggest myths about investing is that it's hard and should be left to the experts. You don't

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