PAYBACK TIME is the new book by Phil Town that spells out for you exactly how to do long term, buy and hold, stick it away forever investing. It is about how the best long term investors in the world go about making those gigantic long term 20 year compounded rates of return of 30% to 50% per year. Phil Town says that the one and only secret to stockpiling is to make sure the value of the business is substantially greater than the price you are paying for it. Phil Town will swear to you that’s all there is to it. If you get this right, you cannot help but get wealthy.
If you follow what Phil Town taught you Stock Option Trading TIME, you can just clobber the stock market, too and get your retirement back on track.
Tags: investing, payback time, Phil Town