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Sometimes the best thing you can do when it comes to investing successfully is nothing...at least until you know you\u2019re 100% right about where you\u2019re about to put your money.\xa0\nThis week on InvestED, Phil and Danielle discuss the critical step to take after you\u2019ve made it through the Investing Pyramid and before diving deeper into the investing checklist: Having Patience & Staying Simple.\nIt\u2019s no secret how effective the Rule #1 Investing Strategy is, and it\u2019s because Rule #1 Investors do two things:\n\nThey keep things simple and invest in what they know and believe\n\nThey\u2019re patient and wait for the best time to buy\n\n\nTo 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\xa0\nTopics discussed in this podcast:\n\nInvesting with Patience\n\nInvesting Checklist\n\nHow to Invest\n\nWhen to Invest\n\nBest Time to Invest\n\n\nAdditional resources discussed in this podcast:\n\nCharlie Munger\u2019s 4 Principles of Investing\n\nBill Ackman\u2019s 8 Point Checklist\n\nThe Investment Checklist Pyramid\n\nInvesting Checklist Logistics - Part 1\n\n\n\ufeffFor show notes and more information visit www.investedpodcast.com.\nLearn more about your ad choices. Visit megaphone.fm/adchoices