Phil Town's Rule #1 Investing yes, Phil can you tell me how I would go ideally into a stock market crash? Should I have all my wealth in the bank account or should I buy commodities like gold or something entirely different?
I'd like to see more videos like this. I'd also like to see some real world examples, and more in-depth videos on how to better analyze businesses. It sounds easy when I hear you explain it. But when I'm faced with an actual balance sheet from a real company, I all of a sudden don't understand any of it!
@khadijasajid457 I completely disagree. A financial advisor like a bank will not make you rich or a lot of money. You are their client, you pay them, and they want you to keep paying them as a customer. To make money in the stock market, you can be lucky and find a mentor ... very hard but many had one or many like Phil Town and Buffet, Buffet had a few etc.. but it's hard to find one to share his knowledge and experience with you and show you how to fish or find gold (companies). In my experience, knowledge and experience is power and what I have been doing... learning for years on my own. The problem with the stock market is very complex, hard to make money consistently. You need a process that increase your odds. I'm doing it on my own and i'm almost there. I figure it out. The key is to know what you are doing at all times. And if you do, you lower your risk by a lot. Then it's fun to gain the confidence and have an edge and beat the house, the market and make money... then it's not gambling. There's no secret, it's hard work!
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *Jenny Pamogas Canaya,* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner!~~
"It's quite a surprise that you're acquainted with her as well. I've had the privilege of gaining significant profits while learning and investing under her guidance for the past few months. JENNY PAMOGAS CANAYA truly stands out as one of the most exceptional mentors and traders I've had the pleasure of collaborating with in recent years. Her expertise in navigating various market situations is truly remarkable."
I was thinkin the samething. I'm looking for a video that explains how much money is good. 3.7mil sounds good bc I cant fathom that amount but for a comp that maybe a bad number. The dollar amounts needs to be discussed imo
@@jdhayes32 I would say it depends on what industry you're looking at they are not all created equal meaning I would go do an additional assessment on that company's top competitors and try to come up with an average for that particular industry👍🏾
I have an Entreprenuership test tomorrow and I've been listening to your videos! THANK YOU! You are brilliant and so empowering! I wish you were my Professor!
This is the only one of three videos I've watched which lays out the basic idea that assets minus liabilities are BALANCED by the equity, or the worth of the company. Thanks you!
This is great introductory video, which in a very short period of time covers the basics of balance sheet, working capital and importance of equity growth. I look forward to more of your videos.
Great video Phil. What about the retained earnings section on the balance sheet? I have heard Warren Buffett talk about the importance of looking at that section.
Mr. Town if you were to continue, it would be nice to see you break down valuations and key metrics per INDUSTRY and Sub-Sectors. Investing in what you know is one thing, i know little so that would be great. I think that will help highlight how certain industries hide valuable data from us noobs.
sir its really good but very short videos,you have uploaded, Appreciable if you could upload more informatic videos which cover all expects of balance sheet analysis with real life examples which could help us to analyze any balance sheet of any company.
Great video but one request -- can you go thru a balance sheet of couple of companies (good and bad) maybe on Yahoo finance?? Totally subscribed! Thank you! for this great video!
This video was great. Now, how and where do you find the financial info on Companies. Publicly traded companies publish their info. How do you find that info on smaller companies, soli owned
Check out the podcast! In this episode we will walk through the process of how to find this number on each of these sites, and show you how to go straight to the source and easily calculate free cash flow from the company’s financial statements. bit.ly/31ZmeHK
The two things I want to learn are; 1. what numbers do you need to find the value of a company (and where to find them) 2. How to find a good company to invest in on sale
When you'r saying 2 to 1 ratio between current assets and current liability how do you calculate that? Lets say the current asset is 100,000$ and the current liability 50,000 is that what a 2 to 1 ratio means? and if is 75,000$ to 50,000 what ratio would that be? Still learning here and i found your videos very helpful so far, Thank you
Please subtitle ALL videos! I am deaf and can't understand if there are no subtitles. I'm in the process of learning how to invest so I can get off SSDI. Please??
Was this video helpful for you guys? Should I make more Investing Basics videos like these?
Phil Town's Rule #1 Investing yes, Phil can you tell me how I would go ideally into a stock market crash? Should I have all my wealth in the bank account or should I buy commodities like gold or something entirely different?
I'd like to see more videos like this. I'd also like to see some real world examples, and more in-depth videos on how to better analyze businesses. It sounds easy when I hear you explain it. But when I'm faced with an actual balance sheet from a real company, I all of a sudden don't understand any of it!
really helpful!
Absolutly, great explanation. Keep on going!
So helpfu, Phil!!!
Very clear and simple explanation of the balance sheet. Thank you!
@khadijasajid457 I completely disagree. A financial advisor like a bank will not make you rich or a lot of money. You are their client, you pay them, and they want you to keep paying them as a customer. To make money in the stock market, you can be lucky and find a mentor ... very hard but many had one or many like Phil Town and Buffet, Buffet had a few etc.. but it's hard to find one to share his knowledge and experience with you and show you how to fish or find gold (companies). In my experience, knowledge and experience is power and what I have been doing... learning for years on my own. The problem with the stock market is very complex, hard to make money consistently. You need a process that increase your odds. I'm doing it on my own and i'm almost there. I figure it out. The key is to know what you are doing at all times. And if you do, you lower your risk by a lot. Then it's fun to gain the confidence and have an edge and beat the house, the market and make money... then it's not gambling. There's no secret, it's hard work!
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *Jenny Pamogas Canaya,* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner!~~
I've come across several positive endorsements of Jenny Pamogas Canaya on various platforms, including UA-cam channels, seminars, and more.
"It's quite a surprise that you're acquainted with her as well. I've had the privilege of gaining significant profits while learning and investing under her guidance for the past few months. JENNY PAMOGAS CANAYA truly stands out as one of the most exceptional mentors and traders I've had the pleasure of collaborating with in recent years. Her expertise in navigating various market situations is truly remarkable."
It would be great if you could do some real life examples where you take a real company and do a "diagnosis" of it.
I was thinkin the samething. I'm looking for a video that explains how much money is good. 3.7mil sounds good bc I cant fathom that amount but for a comp that maybe a bad number. The dollar amounts needs to be discussed imo
@@jdhayes32 I would say it depends on what industry you're looking at they are not all created equal meaning I would go do an additional assessment on that company's top competitors and try to come up with an average for that particular industry👍🏾
This is more helpful than what I learn in accounting 😂😂
I have an Entreprenuership test tomorrow and I've been listening to your videos! THANK YOU! You are brilliant and so empowering! I wish you were my Professor!
Hi Becky .....
My downtime at work after seeing my patients this channel is all i watch. Thanks for all the good tips and financial advise.
Watched so many videos but your video is the only one that truly explained how to read a balance sheet. THANK YOU!
One of the best video that explained well about balance sheet as simple.. Thank you
This is the only one of three videos I've watched which lays out the basic idea that assets minus liabilities are BALANCED by the equity, or the worth of the company. Thanks you!
This is great introductory video, which in a very short period of time covers the basics of balance sheet, working capital and importance of equity growth. I look forward to more of your videos.
You explain it much easier and simpler than all those other guys...I should know, I practically saw them all.
Spent 4 classes on this at school....came here and understood everything in 5 mins.Great video-So Subscribed!
In the process of acquiring a company and this was very helpful. Thanks
went to attend a book keeping job interview today and this has been so helpful, thank you
Best of luck with the job!
Great video Phil. What about the retained earnings section on the balance sheet? I have heard Warren Buffett talk about the importance of looking at that section.
Love your easy to understand and useful teaching. Please keep up the great work...it is helping me greatly!!!
I took 2 accounting classes 4 years of wasted knowledge until now I'm investing in the stock market it all comes back to kick me in the ass.
Great explanation! We need more explanations like this, . I would personally like to know how to make a correct fundamental analysis.
Brief to the point, good speecher but as many of us agree, please do a review of an actual balance sheet on a company, it would be great, nice work.
This was very helpful! I need to write a paper analyzing a company's balance sheet, cash flow, etc. and this was more clear than my text was.
I love the way you explained this. Simple to understand. Good job 👍🏽
No fluff all meat! I liked it.
You’re the best Phil, wish you could be my personal mentor 😅 I would even learn about being a river guide as well if it helped
That is one of the best explanations I have heard of a balance sheet. Thanks Phil
Just read "Payback Time"... great book. Thank you for all the great information.
Really nice explanation! Got it super easy, thanks a lot.
nice! really simple and easy to remember
I seriously LOVE you! Thank you so much for this and other videos, this is a mandatory subject that wasn't registering in my head until I found you 😃
Great video real easy to understand.
This is awesome and super clear!
Just subscribed. Thank you. This is making my classwork so much easier to understand!
Great and valuable information
Mr. Town if you were to continue, it would be nice to see you break down valuations and key metrics per INDUSTRY and Sub-Sectors. Investing in what you know is one thing, i know little so that would be great. I think that will help highlight how certain industries hide valuable data from us noobs.
sir its really good but very short videos,you have uploaded, Appreciable if you could upload more informatic videos which cover all expects of balance sheet analysis with real life examples which could help us to analyze any balance sheet of any company.
This is a great video. I like your energy and enthusiasm, and the clear way you explain this. Thanx!
This is the video I was looking for thank you very much!!
Great explained make more videos on trading
Great video but one request -- can you go thru a balance sheet of couple of companies (good and bad) maybe on Yahoo finance??
Totally subscribed! Thank you! for this great video!
Love the way you explain Phil! Subscribed!
You have a great way of teaching
Can you plz show it practically? On screen or something while pointing out the numbers ❤❤👍👍👍👍
How can I gain access to a companies balance sheet? And have you done any videos with an example?
lol, the commercial for this video was Phil Town.
Great video series. Just querying the growth in equity rate. Isn’t Warren a fan of ROIC?
Thank you very much Mr. Town.
Good energy
Thanks! Amazing content in 5 min. Beautiful!
Man this was such a great video, Thanks for sharing!
thanks the video
Thank you...
thank you . that was very helpful!
Add captions pls
love from from India
easy explanation Phil. cheers
very helpful . Thanks
Thanks for video, is it possible to show with real sample? A lot of good stuff is said but difficult for the person who is new to follow...thanks
Wow...finally got it!
Nice. Thank you
I enjoyed this
Nice stuff
Wow. Never heard anyone explain Cash Flows in such a simple easy to understand way. Awesome!
you’re the man
So helpful!!! Thank you!
Is there a transcript available for this video anywhere?
Love it
Hoping this will help me land an entry level credit analyst position
how'd it go?
This definition of working capital and the ratio of 2/1 is only partly true
thanks!
Great 👍thanks for making that videos
loved this one.subscribing!
Where can you find examples of the 3 financial statements?
This video was great. Now, how and where do you find the financial info on Companies. Publicly traded companies publish their info. How do you find that info on smaller companies, soli owned
Check out the podcast! In this episode we will walk through the process of how to find this number on each of these sites, and show you how to go straight to the source and easily calculate free cash flow from the company’s financial statements. bit.ly/31ZmeHK
Also, try looking it up on google or whatever search engine you use. It’s public information.
wow so very fresh in 2016 :P
thank you great advices
The two things I want to learn are; 1. what numbers do you need to find the value of a company (and where to find them)
2. How to find a good company to invest in on sale
Pick those companies which are new!! It'll make the chances of ur profit high
When you'r saying 2 to 1 ratio between current assets and current liability how do you calculate that? Lets say the current asset is 100,000$ and the current liability 50,000 is that what a 2 to 1 ratio means? and if is 75,000$ to 50,000 what ratio would that be? Still learning here and i found your videos very helpful so far, Thank you
3:2 , which is not a ideal ratio
Please subtitle ALL videos! I am deaf and can't understand if there are no subtitles. I'm in the process of learning how to invest so I can get off SSDI. Please??
Great video!
Fantastic...
Great!
thanks for this vid!!
Thank you mister Town, this knowledge is a game changer for me.
I really like your channel!!!
I love it Phil. 🙏
such a great video！
really good
Pops been there done that
What does it mean when equity is growing but net income is decreasing over time?
How to get a financial statement of any company? Please make full tutorial on it.
Go to Edgar s.e.c. website
It does not have a transcript. I am older and hard of hearing, so it would be helpful.
chapter 16
Excellent balance sheet with weak fundamentals??? . What does this mean??? i saw it on a company review
I still really don't get how a balance sheet balances when there's equity left.. x]
Assets = Liabilities + Equity.
There - it balances.
he a handsome older gentleman :)
🗽
House, car, snowboard, and furniture are not assets unless they put money into your pocket
ha ha ha we both know the truth
so lets keep it that way
ha ha ha ha
this dude looks like a stereotypical CEO
Yeah, very Douchy
@@user-lu6yg3vk9z Yeah.. the way he wears one of those things that covers his torso, has some hair and a couple of eyeballs.. what a DOUCHE!
Kill it.
I don't need your physical presence in the video