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Phil Town is an investor, motivational speaker, hedge fund manager and 2x New York Times best-selling author. Through Rule #1 Investing, he teaches personal investing at a free 3-day workshop where he empowers people to invest money on their own and stop relying on fund managers to determine their financial future.  Phil started in the U.S special forces and worked as a Grand Canyon river guide up until 1980. He fell into finance in such a unique way and managed to turn $1,000 into over $1 million in just 5 years. Find out how Phil's methods contributed to all of his success in life and investing.   Links: LinkedinFacebook@Rule1_Investing gPhil’s 3-Day Transformational Investing Workshop   Where are we: Barcelona - Sam a Johnny FDAtlanta - Phil   Discussed: ILAB 50 – Wealthfront CEO Andy Rachleff, Investing the Robo Way Invested: The Rule #1 Podcast is LIVE. Here Are Episodes 00-03   Book: Start Here    Time Stamps: 03:17 - Serving in the green Barrett04:17 - Exploring East Coast of United States08:18 - Rafting guide in the Grand Canyon09:38 - Making the first million12:10 - Meditating with family20:39 - Investing before the internet26:28 - Modern Portfolio Theory29:37 - The number one rule of investing32:53 - Is accessibility to the market bad?35:55 - Buying in a depressed market38:31 - Should you play the market crash?41:56 - The 4 investing principles42:54 - Learning from people like Warren Buffett55:23 - Snapchat investing opportunity1:00:24 - Do you need a financial advisor?1:05:04 - Risky investment portfolios1:06:13 - Facebook stock value1:07:35 - Managing a work-life balance   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.