Date: October 2012: Morgan Housel’s 9 Financial Rules | The Big Picture

Another set of instructive rules for investors, this one from Morgan Housel:

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.

Source: 9 Financial Rules You Should Never ForgetMorgan HouselOctober 14, 2012 http://www.fool.com/investing/general/2012/10/14/9-financial-rules-you-should-never-forget.aspx