You Don't Have to Take an Emotional Risk

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i'm glad we talked about this instead ofa picking up an economic risk, because i think this is much more about the real risk that we all worry about. Trying to make it back in the company in the same costed and can be very dangerous. Why not just go over there and find something that actually is better? That does have all the qualities you want, and you don't miss one. So that, i guess that's my little lesson for thisgas.

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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