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b'It hurts to lose money \\u2013 especially after you\\u2019ve done all the work you were supposed to do. But you\\u2019re human, and even if you follow Rule #1 investing strategies by the book, you will still run a risk.\\n\\nHowever, it\\u2019s important, that when that risk \\u2013 and possible loss \\u2013 crosses your investment path, you don\\u2019t fall back to hoping the market will climb back into your favor. You must stay disciplined and continue to do what\\u2019s best, even if it means taking a rare loss.\\xa0\\n\\nIn 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.\\xa0\\n\\nLearn 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\\u2019s of Successful Investing: https://bit.ly/3BiRJA1\\xa0\\n\\n\\nTopics Discussed:\\n\\nAlibaba\\n\\nVariable Interest Entities (VIEs)\\n\\nDifference between the US and Chinese Stock Exchange\\n\\nGovernment risk\\n\\nRule #1 Investing\\n\\nDealing with losses\\n\\nWhen to sell\\n\\n\\nResources:\\nSuccessful Investing Guide\\n\\nFor show notes and more information visit www.investedpodcast.com\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'