
Check out my video, Meet The Connellys , in the Resources.
Are you ready to retire like Doug & Susan in 10 to 20 years by investing with less risk than you have with mutual funds?
If so, you’ll accomplish this by working through the next four chapters.
Bring it on!
So, you want to buy wonderful businesses that you believe in. Where do you start?
With the simple 3-step exercise in the video above, you’ll be on your way in no time just by knowing what your passions and talents are, and where you currently spend your money.
Now, go play!
Identify a durable competitive advantage, or moat, that protects a company from competitors and enables valuation. Explore brand, secret, toll-bridge, switching, and price moats with real examples.
Earlier in this course, you learned the reality that many intelligent individuals still fall short of their retirement goals, simply because they are misinformed about the total dollar amount they’ll need. Rule #1 can help you retire early, but you’ll first need to start with understanding what your number is—that is, your retirement number.
Most people are shocked to learn they need a lot more than $1 million to retire today at a minimal level of comfort.
Watch this short video as a reminder of what you’ll really need to continue your current lifestyle throughout retirement.
So what’s your number?
It is the amount of money you need at retirement to produce the amount of investment income you’ll need every year, for the rest of your life.
In this section, I'm going to walk you through exactly how to calculate the amount of money you will need in your later years.
Explore how a Roth IRA and an online retirement calculator reveal your retirement number, simulating inflation, years to retire, and the impact of different return rates.
The best place to start learning about Rule #1 investing is my interactive online course with 5 easy-to-follow lessons. My step-by-step teaching style will get you started on the road to financial freedom by setting you up with investing basics.
Whether you are already an avid investor looking for better returns, or have never put money into a stock or business on your own before, you need this before you move on to the next step.
If you’re like most people with financial advisors, you’re paying “experts” in the financial industry high fees for low returns. Over time, your financial advisor’s 2% commission eats at your bottom line.