[0:00]A common question that arises is, if the company goes out of business, what happens to your stock? If the company goes out of business, you no longer have stock. It's as simple as that. The stock is worthless. Now, if the company has any assets remaining after paying off all the creditors, then the stockholders get to divide that up. But in most cases, when a company goes out of business, there are no assets left for the shareholders, for the stockholders. So generally speaking, if a company goes out of business, you lose 100% of your investment. This is why it's a good idea to diversify your portfolio. This is why it's a good idea to not have just one stock. Don't put all your eggs in one basket, so to speak. Because if that company goes out of business, you've lost 100% of your money. But if you have multiple stocks, you have a basket of stocks, so to speak, in a diversified portfolio, then you might have some winners and some losers. And in that scenario, if one company goes out of business, it won't be as big of a deal.