Hey everybody I'm Phil Town and I'm

I'm Phil Town and I'm Danielle Town and we're here for the podcast Invested

which is where you're going to learn about investing and why you should do it and get invested in it and

Have an education and learn it according to rule number one which is don't lose money don't lose money and we've got a

ton of stuff sort of stacked up to talk about of questions from listeners and

stuff that I've been thinking about such as we had a question from Justin

asking about Chipotle and this big drop that they've had and you know if it's a

good time to buy so it's enough to make you puke. Stop. It was such a dad joke. But I've been

wondering the same thing and and so that's something that we want to talk about. We want to talk about

roboboe advisors. I know we've got a few other things that people have sent in but

what happened yesterday is that the Dow dropped like crazy.

So that's what we're going to talk about because I'm curious about what does that mean for

rule on investing?

I have no idea.

I mean, I know we're supposed to kind of be thinking long term and we're supposed to be looking

at like the basis of a company and its value and so like when something like that happens does it even

matter to us?

Do I even like read the news and think oh I

should maybe do something about that or do I just ignore it? Well theoretically

you just ignore it theoretically. Theoretically. Yeah, theoretically, but in fact, as a matter of fact, I think everybody pays attention when the market starts to go through a major gyration.

And by a major gyration, what I mean is that all the way back in the 1930s

when Ben Graham started developing the theory of investing that we use which we call

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