, Columnist
Ten Simple Money Rules for Investing Success
Bad decisions and poor behavior are the primary reasons why many fail to meet their financial goals.
The rules of money.
Photographer: Manan Vatsyayana/AFP via Getty Images
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Lists can help organize your thoughts. I have created them for everything from rules for investing to financial phrases to avoid. As someone who has spent decades thinking about money – saving it, investing it and spending it – I have come to recognize several fundamental truths about money that I have compiled into a list:
Investing Is Both Simple and Hard: The basic premise behind successful investing is easily understood: “Invest for the long term, be diversified, watch your costs and let compounding work its magic.” But following through can be challenging.