Hello and welcome to our community!

[JDROCK]

Hello everyone,

I'm 29yrs old, I work for a retailer in Merchandising. Its the retailer that everyone says 'I planned on picking up just a few things, but $200 later, I bought a whole cartful of great stuff!!' I am getting married in about 2 months and have started my financial education by gaining as much info as possible. I don't remember how I heard about Phil or the book, but I know it was before the release. I loved the book, and love finance topics in general. I love this place!

JD

[steve44]

Hi all,

I am 52, Married, live on the beach here in So Cal. My day job is Supply Chain Management for a multinational corporation nearby. My wife and I also have a small business which keeps her busy during the day. She lets me do the accounting on the weekends.

So between Investments research, small bus accounting and my day job, I get to spend about 12 hours a day working one of 3 different computers.

I would like to retire in a few years but I need to get my investments making a better return.

So I caught Phil at a big Motivation seminar up in LA . Just like Justin and a lot of us were introduced. I have been an Investools subscriber since then .

I think Phil is one of the best saleman I have ever seen in action. I have seen him speak twice and its a pleasure to see a person so good at their craft.

Thanks Justin for this is the best web site for Phil rule #1 / Buffett value investing concepts.

Now lets all go make some money !!

Steve

[Jordanga]

Hi there! Glad to find this forum...I'm Jordan, 32, live with my partner, teach yoga and design jewelry. Since I have free time on my hands and have chosen a career that doesn't pay much, I decided it's a good time to educate myself about investing. A few years back I jumped into options trading a little too quickly, lost more than I gained, and have been out of the market since then. I like Phil's focus on fundamentals and his system just feels better than what I was doing before.

Right now I'm papertrading and expect to move up to real money soon.
Good to meet everyone, thanks in advance for all the help!

-Jordan

[allen]

Hi gang,

I came across this forum looking at Phil Town's blog, having read the book a couple weeks ago. I'll be 45 in a couple weeks, live in Southern California, married with a 10-year old son. I'm a product manager for a manufacturing company, with a background in engineering and an MBA. I've read a lot of other stuff on investing; this approach makes a lot of sense to me.

I had set up my own little spreadsheet before finding this forum, and I'm having fun comparing my "sticker prices" calculated this way with "intrinsic values" calculated on numerous other sites. They're not the same thing! Most sites calculate intrinsic value by simply discounting future earnings. And there's a wide variation between sites, because a small difference in assumptions results in vastly different numbers. The Rule 1 approach projects future earnings, but then applies historical or assumed P/E ratios to get future stock price, and then discounts that number. This is still very sensitive to the assumed growth rate, but it doesn't really matter that much, because we assume a conservative growth rate, then apply a huge safety factor. I also like this approach because it takes into account the fact that some industries and companies are just valued more highly (in terms of P/E ratio), even over long periods of time, than others.

I've also enjoyed learning a little bit about technicals---I had never understood or believed in technicals before, but now I'm feeling like the tools are beginning to make some sense.

Looking forward to participating!

Allen

[mcshade311]

Hello everyone, my name is Mike, aka mcshade311. i'm 26 years old, enlisted in the Air Force, and stationed in south Georgia. Currently i'm deployed in Djibout, Africa supporting OEF. I downloaded Phil's book from audible and loved the investing stratagies he taught. I was a little intimidated at first, but now that i've done some paper trading (investopedia) i feel a little more confident that i can start to handle my own investments. Thanks a lot to everyone who helped to put together this site and the spreedsheets, both are awesome!

[catdishy]

Hi there'

I'm a physician in Vancouver, BC, hoping to do better than my Mutual Fund managers are doing, as I ease into retirement. Have never had an interest in understanding the first thing about money, beyond saving and spending but Phil's book was a pleasure to read. He's a terrific communicator. I've got a tremendous amount of learning to do, but thanks to PHil, Justin and everyone contributing to this forum,I'm confident I'll get the hang of it.

Cheers

Diane

[lcmedic135]

Greetings all,

My name is Mike, and I am 34 yrs old. You might have guessed by the s/n that I am a Paramedic. I have been in EMS for about 14 yrs and I honestly love my job. The problem is that it takes a pretty major physical toll on us after a while.....leading to people going out on disability before reaching retirement. I saw Phil speak in Greenville on 8/4 and I thought that his ideas sounded interesting, but perhaps a little "too good to be true". I finally did some research on-line and then went out and bought the book. Once I had sat down and read the book cover to cover twice I was convinced that the concepts he teaches are REAL, and that all of this is truly possible. Shortly after that, I found the spreadsheets on this site and they are really an amazing time saver.

I am still working on paper trades right now, but I am planning on opening an online brokerage account with my tax refund this Feb.

Mike

Thanks to Justin and everyone else for making this forum possible

[stockpickerblk]

Name is David
Been like 4 months since I read the book and been trying to use the Rule one within this portforlio. But, I have been paper trading since Jan. and playing alot, lol. I have 5 portfolios on investopedia. Having abit of trouble staying focused on rule one investments. I see something on one portfolio and want to include it to rule one reguardless of weather it is a rule one investment and it has cost me. on paper. Thank god. Because,lol, I have suxed so far. Rank is like 70 of 75 right now. Lost like 20,000 so far. Well that what paper trades are far. So, I have learned alot, some of my trade have been right on the money, but I lost faith. I promoted stock (MA) but then sold it (from fear) at $45 and 47. Now its at $60. FYI rule one did not work on this stock( at least the speed sheets) because it was a new issued on a privite company. Well I am down but not out. My real portfolia is ok. Up 24%. Learn on paper!

[Justin]

Hello Lois looks like we aren't too far away from each other at all! Welcome to the Community!

[Justin]

Welcome to ROIC Apex! Be sure to ask any questions along the way!