345- How and Why to Know When You’re Right

Sometimes the best thing you can do when it comes to investing successfully is nothing...at least until you know you’re 100% right about where you’re about to put your money.  This week on InvestED, Phil and Danielle discuss the critical step to take after you’ve made it through the Investing Pyramid and before diving deeper into the investing checklist: Having Patience & Staying Simple. It’s no secret how effective the Rule #1 Investing Strategy is, and it’s because Rule #1 Investors do two things: They keep things simple and invest in what they know and believe They’re patient and wait for the best time to buy To learn how to pick the right stocks for your portfolio and help you keep things simple, download the 5-Step Checklist for How to Pick the Best Stocks for FREE here: https://bit.ly/3riDBSW  Topics discussed in this podcast: Investing with Patience Investing Checklist How to Invest When to Invest Best Time to Invest Additional resources discussed in this podcast: Charlie Munger’s 4 Principles of Investing Bill Ackman’s 8 Point Checklist The Investment Checklist Pyramid Investing Checklist Logistics - Part 1 For show notes and more information visit www.investedpodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices