10 tricks for better investing

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
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.
Adapted from Jason Zweig's new book, Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich, available from Simon & Schuster.
Last updated January 02 2008: 8:29 AM ET

1

2

3

4

5

6

7

8

9

10
10 stocks to buy now We identify stocks that will thrive despite the troubles facing the markets next year. (more)
Top foreign stocks for 2008 The year ahead poses challenges for the global economy - but here are some strategies that should prove fruitful. (more)
Dumbest Moments in Business We tip our hats to the absolute dumbest of the dumb in the past year. (more)
* : Time reflects local markets trading time.† - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges.• Disclaimer