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Ten Tricks For Better Investing

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First Posted: 01- 2-08 10:40 AM   |   Updated: 03-28-08 02:45 AM

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Money In A Suitcase

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.

Read the whole story: 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 ...
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 ...
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- Justinpassing I'm a Fan of Justinpassing 8 fans permalink

Ten Tricks For Better Investing
Huuummmm, Wall Street and other great American Halloween traditions......

    Favorite    Flag as abusive Posted 04:29 PM on 01/02/2008
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