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The Right Moment to Buy a Stock at a Great Price When is the right time to buy?

By Phil Town

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner, Phil Town explains how finding just the right time to buy a business is key. How do you establish a margin of safety to make sure you are safe in future years, and how do you determine the sale price that tells you it's the right time to buy a company?

To determine the margin of safety of the business, and determine whether it is ready for sale, start by understanding the business as much as you can and understand what will protect it. Next, set a goal of 10 percent yield for the year. If you are able to meet this level of profit, you are doing great for the year.

Watch the video to hear more strategies and turn a profit.

Related: 5 Financial Choices You'll Regret

Entrepreneur Network is a premium video network providing entertainment, ewitducation and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

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Phil Town is an Investment Advisor, Hedge Fund Manager, 2x New York Times Best-Selling Author of Rule #1 & Payback Time, and Ex-Grand Canyon River Rafting Guide. Rule #1 Investing is Warren Buffett style investing, teaching you how to buy businesses on sale, with little risk and 15 percent returns. In fact, Rule #1 investing is practically immune to the ups and downs of the stock market.

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