Investing Is Not as Easy as It Sounds

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The market is getting ready to get, i think, really tumbled. But boy, it's sure nice when the whole market just goes thud. I remember warren saying in two thousand eight when a when cocacola was going down like a brick,. And he basely said, what we do instead as we just hope cocola goes down 50 % sand we can buy more. It just makes life so much easier if they'll just go down 50% from their value and then we can snap em up. That's the absolute essence of rule one investing, is to buy these things that, you know, wait patiently till they go on sale, don't do anything.

It hurts to lose money – especially after you’ve done all the work you were supposed to do. But you’re human, and even if you follow Rule #1 investing strategies by the book, you will still run a risk.

However, it’s important, that when that risk – and possible loss – crosses your investment path, you don’t fall back to hoping the market will climb back into your favor. You must stay disciplined and continue to do what’s best, even if it means taking a rare loss.

In this episode of InvestED, Phil and Danielle discuss a recent loss Phil took, despite making textbook investing decisions. See how he overcame it so you know what to do if that happens to you and your portfolio.

Learn how to make the best textbook Rule #1 investing decisions that will prepare you for times of uncertainty or rare loss, while still staying in control of your portfolio. Download your free copy of the 4 M’s of Successful Investing: https://bit.ly/3BiRJA1

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