20 Tips from America's Best Investors

Experts offer advice that you can really take to the bank
By Sophie Goldstein,  Newser User
Posted Aug 27, 2007 9:59 AM CDT
   (Index Stock (http://www.indexstock.com))

(Newser) – Get where you want to be with these sound tips from the top, courtesy of Money Magazine:

  1. Be humble in the face of uncertainty.
  2. Take calculated risks.
  3. Have an emergency fund.

  1. Diversify your portfolio.
  2. Asset allocation is crucial.
  3. Get in on index funds.
  4. Those who trade less make more on average.
  5. Don't try to predict—buy and stick to it.
  6. Buy low-cost funds.
  7. Don't follow the crowd.
For the remaining tips, click the link below.