On this abbreviated episode of InvestED, @danielletown takes the reins to catch us up on topics discussed in recent weeks and give us a glimpse into what’s ahead as we approach the holiday season.She also dips into the mailbag to hear a listener’s thoughts on our recent dialogue regarding when to hold and when to sell during market downturns.To get insight into how today’s top financial minds approach their investments, download your copy of The Best Investors in the World: https://bit.ly/3UjWpfETopics Discussed: Big changes at Twitter Listener email Learn more about your ad choices. Visit megaphone.fm/adchoices

Given the current state of global markets, economic uncertainty can make it difficult to plan for the future. While the changing financial landscape might cause investors to fret, understanding the factors and policies that drive these changes can help you sleep better at night.This week on InvestED, Phil and Danielle talk through the long and short-term repercussions of inflation, how a generation of investors will face their first true test in a bear market, and why Rule #1 is so vital to coming out ahead when markets dip.To learn more about how to stay centered in your investing practices, download your copy of the Inflation Checklist to successfully invest: bit.ly/3DoVtQDTopics Discussed: Navigating a turbulent market Risk-free rates Historic market downturns Value vs price Resources DiscussedModern Portfolio TheoryFor show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

While the financial world can be a daunting topic to young people whose parents aren’t properly equipped to teach them about it. And when kids don't properly learn how to manage their finances, as adults, life becomes somewhat of a minefield.Teaching kids about the value of their money doesn’t have to be as complicated as most people think, though. There are actually a number of ways parents can get creative with introducing investing basics to their kids while keeping them engaged with the process. One of the easiest ways is to simply teach one of the Rule #1 Investing principles: invest in something you're actually interested in and believe in.This week on InvestED, tune in as Phil and Danielle discuss growing up with parents who do (or don’t) invest, winning strategies with allowances, and how to set kids up for success in the future.To learn more about getting you or someone you know started off with some investing basics, claim your free copy of Guide to Investing for Beginners: https://bit.ly/3CGzh42 Topics Discussed: Teaching finances at a young age Representation in investing Resources DiscussedInvesting Guide for BeginnersFor show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

For some people, looking at the bigger picture of investing is what draws them to invest in the first place. They see the possibility, get excited, and want to learn how they can be a part of the excitement and benefit from the earning potential.However, before diving right in, it’s essential for investors to prioritize balance between creating strategies they believe will lead to success and being patient enough, especially through times of market volatility, in order to see long-term gains.Truth is, most people want to be in successful, long-term investing positions, but when you’re just starting out, it can be challenging. The best investors show their true potential in how well off their portfolio is, even after an economic downturn.This week on InvestED, tune in to hear Phil and Danielle explain that while it can be difficult to know how to navigate a turbulent market, having patience and a strategy for enduring the hard times is key in order to see any payoff coming out on the other side.To learn more about how to stay centered in your investing practices, download your copy of 4 M’s Investing Guide to invest successfully: http://bit.ly/2TZ3Bls Topics Discussed: Big picture investing Market downturns How to stay prepared Resources Discussed Li Lu article 4 M’s for Successful Investing Guide For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s easy to get sucked into the possibility with investing and become obsessed. But getting so depe in the weeds, you lose track fo the forest and end up doing way too much that ends up leading to you missing the strategy that actually works: staying patient.Find other things to do to keep you centeredThe purpose of life isn’t to make money. It’s a pre-condition for handling what you’re here to do. While it’s important to live a life in which you can provide for yourself and your loved ones, it’s also important to do things that make you feel whole and happy. That’s why investing is so important. One of the greatest things about investing, especially when using Rule #1 strategies, is that it gives you the ability and financial freedom to live a vital life. You’ll no longer have to commit to the daily “grind” just to pay the bills.Tune in to this week’s episode of InvestED to learn more about how Phil and Danielle find purpose in their lives and how you can, too. Because at the end of the day, you don’t have to be a genius to invest. It’s not a game where IQ wins – it’s a game where discipline wins.To learn more about how to stay disciplined in your investing practices to help you live a purposeful life, download your copy of Phil’s FREE 4M’s guide to successfully invest: https://bit.ly/3BiRJA1 Topics Discussed: Emotional centeredness Rule #1 Investing Resources Discussed And There Was Light Man’s Search for Meaning Learn more about your ad choices. Visit megaphone.fm/adchoices

While it’s important to live a life in which you can provide for yourself and your loved ones, it’s also important to do things that make you feel whole and happy. That’s why investing is so important. One of the greatest things about investing, especially when using Rule #1 strategies, is that it gives you the ability and financial freedom to live a vital life. You’ll no longer have to commit to the daily “grind” just to pay the bills.Tune in to this week’s episode of InvestED to learn more about how Phil and Danielle find purpose in their lives and how you can, too. Because at the end of the day, you don’t have to be a genius to invest. It’s not a game where IQ wins – it’s a game where discipline wins.To learn more about how to stay disciplined in your investing practices to help you live a purposeful life, download your copy of Phil’s FREE 4M’s guide to successfully invest: https://bit.ly/3BiRJA1 Topics Discussed: Risk-taking Financial freedom Personal finances Meditation and transcendence Life values Resources Discussed War of the Worlds, HG Wells Empire of the Summer Moon, S.C. Gwynne InvestED Book SmartLess Podcast For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

What does it really mean to be risk-averse when it comes to investing?This week, Phil and Danielle return with a new episode of InvestED to discuss risk and how to decide if a company is dangerous enough to sink a potential investment decision.When you first start out with investing, it can be overwhelming and intimidating. But it’s important to go deep and really do your homework before making a truly sound decision, especially in today’s tough market.Tune in to this week’s episode of InvestED to learn more about risk inversion, what it takes to make a sound investment decision and how to overcome overwhelm.To learn more about how to be confident in a company, download your copy of Phil’s FREE guide about the 4 M’s to successful investing: https://bit.ly/3BiRJA1 Topics Discussed: Risk inversion Investment Overwhelm Uncertainty Predicting Success Events Resources Discussed Netflix Episode Netflix Part 2 Netflix Part 3 FAANGM Stocks Episode For show notes and more information visit www.investedpodcast.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

If you think that because real estate lets you leverage your investment, then the rate of return is much higher than investing in a business, and is, therefore a better place for beginner investors to put their money, think again. This is a commonly held idea that can be completely mistaken. Phil and other expert investors – including Warren Buffett – have owned real estate. From subdivisions to large farms, apartments, commercial property, and single-family homes, if you assess it’s valuable for your investing goals, real estate could be a good option for you.This week on InvestED, in an episode from The Vault, Danielle and Phil discuss whether or not it’s possible to make real estate a beneficial component of a high-performing financial portfolio.Learn more about following the Rule #1 method of successful investing! Click here to download your copy of Phil’s Value Investing Cheat Sheet: https://bit.ly/3qBJfxU Resources Discussed: Atul Gawande Books Fortune Article Topics Discussed: Rule #1 Investing Real Estate Investing Warren Buffet Berkshire Hathaway Letters Risk Management Skuttlebutt All-Weather Portfolio For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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 Topics Discussed: Alibaba Variable Interest Entities (VIEs) Difference between the US and Chinese Stock Exchange Government risk Rule #1 Investing Dealing with losses When to sell Resources:Successful Investing GuideFor show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” — Charlie MungerMunger is the Vice Chairman of the world’s greatest compound interest machine: Berkshire Hathaway, Inc. During the time of his and Warren Buffett’s reign as the leaders of Berkshire, the company has returned roughly 2,000,000% on its initial value. It’s safe to say we can all learn a lot from Charlie Munger.Today’s episode of InvestED is a favorite from the vault, where Phil and Danielle explain some of their favorite Charlie Munger quotes and cover how so many Rule #1 principles are based on his teachings.Get inspired to invest like some of the world's greatest investors, Charlie Munger and Warren Buffett, with this free guide: https://bit.ly/3wGZz3T Topics Discussed: Charlie Munger Rule #1 Investing Principles For show notes and more information visit www.investedpodcast.com  Learn more about your ad choices. Visit megaphone.fm/adchoices