Lux Investing
Has anyone had success using Phil Towne investing strategies?
Phil Towne: "Rule #1" book and website - stock investing strategies for "amateurs" Anyone using his methods: success? opinions?
Public Comments
- Hello, I took a stock trader course and was very confused, I do not invest in the stock market only in mutual funds which seem to be safe and for slow growth money market certificates. I love to hear what Suzie Orman has to say about investing. You must set yourself up with emergency accounts first having three to six months of liability saved in this account in the event you lose your job or become ill. Secondly, your next best investment is making sure you have health insurance either through your employeer or pay for it your self. Your largest investment is purchasing your home, this is a great time to purchase your home while the market is sluggish, home loans are great at this time. After having these stratigies in place, you are ready to set up an IRA for your retirement, if you are self employed set up a Roth IRA, if your employer offers a 401K participate it that, save something every month. The younger you are all the better. The most commom pitfall most American's place themselves in is credit card debt. Have lines of credit setup but stay out of credit card debt. I hope you find these tips helpful. Sincerely, Jill R
