In Payback Time, Phil Town - author of New York Times bestseller Rule #1 - demonstrates the investment tactics that will enable you to ensure a safe and profitable financial future for yourself. Calling on time-proven strategies used by the world's best investors, he shows how you can reverse your nest egg's downward direction by purchasing the stock of solid companies at windfall prices - prices that can only head in one direction: up!
This simple method will help you to achieve 15% or better annual returns, with the least amount of risk. The time has never been better for making money in the stock market - if you know how.
Following several years with the Special Forces during the Vietnam war, Phil Town returned to the United States and supported himself by working seven months a year as a river guide in the Grand Canyon. His annual income was in the low four figures. After some split-second heroics on his part saved a boatload of Outward Bound trustees from a whitewater disaster, a grateful financial expert who had been onboard took Town under his wing and taught him the first principles of Rule #1 investing. Town managed to put together a $1000 stake, and within five years had turned it into $1 million.
Today Town speaks to more than 500,000 people a year on the topic of risk-free wealth creation and is regularly a featured expert on MSNBC and CNBC. His first book, Rule #1, was a New York Times #1 bestseller.