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9 Investing Rules To Live By

6. Talk about your money.

6. Talk about your money.

Investing isn't easy. It can get emotional. It can make you angry, nervous, scared, excited, and confused. Most of the time you make a decision under the fog of these emotions, you'll do something regrettable.

So talk to someone before making a big money move. A friend. An advisor. A fellow investor. Just discuss what you're doing with other people. "Everyone you meet has something to teach you," the saying goes. At worst, they give advice you don't agree with and can ignore. More often, they'll provide prospective and help shape your thinking.

9 Investing Rules To Live By

1. Nine out of 10 people in finance don't have your best interest at heart.2. Don't try to predict the future.3. Saving can be more important than investing.4. Tune out the majority of news.5. Emotional intelligence is more important than classroom intelligence.6. Talk about your money.7. Most financial problems are caused by debt.8. Forget about past performance.9. The perfect investment doesn't exist.
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