Is Compound Interest Hurting You? | Phil Town
Compound interest is powerful, but you must start taking advantage of it early on in your life. Einstein called it the “8th wonder of the world.” Today, I discuss some of the advantages of compound interest, a few pitfalls, and…
My Reaction to Dave Ramsey | Phil Town
I respect David Ramsey and the strategies that he shares, but that doesn’t mean I necessarily agree with everything that he says. Today I discuss my take on a video Dave released, and give you additional options for paying off…
![7 Facts [or Myths] About Investing | Phil Town](https://israelbusinessinvestment.com/wp-content/uploads/2021/03/7-facts-or-myths-about-investing-phil-town-jcHVe1jRxDY-383x214.jpg)
7 Facts [or Myths] About Investing | Phil Town
Millions of Americans have their retirements invested in 401(k)s and index funds, but don’t know enough about where to grow your money – and that’s the stock market. In this video I give you some commonly held myths AND facts…
Traits of Ordinary Millionaires | Phil Town
When you think of a millionaire, do you envision private jets and Lamborghinis? While these mega-rich millionaires do exist, the ordinary millionaire doesn’t have that same outlook – and that makes reaching millionaire status much more achievable than most people…
6 Things Millionaires Don’t Invest In | Phil Town
Learning from those who have already made a fortune is one of the best ways to hone your own investing skills. With that in mind, let’s take a look at some of the investments that millionaires don’t invest in. http://bit.ly/2JIuGnq…
How to Get Rich for Generations to Come | Phil Town
Like most people, I love my family and want the best possible lives for them. But I also know that life isn’t cheap! I know how much it takes to live in this world and retire. So I want to…
Why Investing is the Best Way to Get Rich | Phil Town
Investing is perhaps the greatest way to have your money work for you. With the power of compounding interest, your money can grow exponentially over the years. And the earlier you start investing, the greater affect this compounding will have…
![Investing Basics: Compound Interest [Get Started] | Phil Town](https://israelbusinessinvestment.com/wp-content/uploads/2021/03/investing-basics-compound-interest-get-started-phil-town-dSfdU_zh818-383x214.jpg)
Investing Basics: Compound Interest [Get Started] | Phil Town
When interest is compounded, rather than paid linearly, the overall size of the investment grows exponentially faster. The effects are harder to see in the early years, but eventually, they become quite pronounced. In this video, I explain how compound…