Investing as a new mom

You've given birth to a child. Now you have absolutely no time for yourself, let alone for investing research. You worry every day that the extra cash you do have keeps losing its value 4% every year due to inflation.

You keep your phone around, and can find a few minutes each day to check investment opportunities.

You could even read a book if you really wanted to.

I started learning about investing from the book Rule #1 (affiliate link) by Phil Town, right after my second son was born.

If I could recommend only one book for learning how to invest, that would still be this one.

Phil Town tells the story of how he used to be a US Marine during the Vietnam war, and how he then ended up as a river guide in the Grand Canyon.

When he started learning to invest, he earned $4000 per year. He began with $1000, and in just five years had five million dollars in investments.

Other ways to find the book:

1. At your local library,
2. Archive.org (that's where I read it once).

If you'd rather prefer an online workshop where you could apply what you learn along the way, a Virtual Investing Workshop can get you started for the price of $97.

It lasts a full weekend. You learn all the basic principles of "Rule #1 Investing", and have coaches guide you through the details of doing the actual calculations, placing orders, etc.

You also get access to the exact same toolbox Phil uses to evaluate businesses.

Finally, you join the community and can contact them for help after the workshop.

Questions:

Would I have to invest in a specific company, or using a specific platform?

No. You choose your platform. If you already have a broker, they will be just fine for a start.

Who are the coaches in this workshop?

Each of the coaches is a Rule #1 investor. They already have the financial freedom they teach about. An example is coach Austin.

To begin your investing journey, read the book Rule #1 (affiliate link), or – even better – join the Virtual Investing Workshop.