Payback Time
96% of fund investors see a smaller return on their nest egg than a chimpanzee who simply buys stocks in the 500 biggest companies in America and watches what happens. The net effect of hitching your wagon to mutual funds is that over a lifetime they’ll fritter away as much as 60% of your nest egg in fees. Once you understand how funds engineer this, you’ll rush to invest on your own. Payback Time’s risk-free approach is called “stockpiling” and it’s how billionaires get rich in bad markets. It’s a set of rules for investing in the right businesses at the right time.
Praise for Payback Time
“Finally, an investment book that’s easy to understand and actually works in the real world. Payback Time will make a lot of people very, very rich!”
— T. Harv Eker, #1 New York Times bestselling author
“There's never been a better time then now to start over and finish rich! Recessions make millionaires and Phil Town's strategy for stockpiling wealth in the stock market is a fantastic vehicle for achieving that goal. You'll realize when you read this that it’s still possible to recapture your dreams of a richer, better future.”
— David Bach, #1 New York Times bestselling author
“With uncompromising clarity, Phil Town exposes the truth about how poorly mutual fund managers perform, then proceeds to teach a very precise methodology for finding, evaluating, and investing in valuable businesses. Payback Time is a must-read for everyone who's ready to take complete control of their financial freedom, and wants to do so with confidence, safety, and sound investment principles.”
— Tony Martinez, Founding Partner, Wealth Without Risk, LLC
“Town knows how to play by the rules in the ‘making big money’ game. Consider his book a gift to your financial library.”
— Robyn Spizman, Founder of The Giftionary.com
“An incredible book that will teach you how to achieve financial independence faster than you ever thought possible.”
— Brian Tracy, President, Brian Tracy International
"Town has nailed it. Payback Time gives you the insight and mindset to maximize your investments.”
— Joe Sweeney, President of Corporate Financial Advisors