Ten Tricks For Better Investing

03/28/2008 02:45 am ET | Updated May 25, 2011
  • Jason Zweig Fortune

Why do smart people do such stupid things with their money? Because, research shows, financial decisions are driven by feelings. Here's how to keep your impulses in check.

Take the global view

Keep calm by using a spreadsheet that emphasizes your total net worth, not the changes in each holding. Before you buy a stock or mutual fund, check whether it overlaps what you already own - try the Instant X-Ray tool at Morningstar.com.

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