Listen Money Matters - Free Your Inner Financial Badass. All The Stuff You Should Know About Personal Finance.

There are some rules, or commandments, that all investors should live by. We’ll discuss those ten commandments and explain the importance of each one.   1.  Think Long Term. You need to be in the market for the long con.  Put your money in and leave it alone.  You are not a day trader.   2.  Invest What You Can Afford. Don’t have so much money in the market that you have to pull it out to pay bills.  The constant in and out of the market is detrimental to long term gains.   3.  Buy What You Believe In.  If you have an interest, tech, music, you probably know a lot about brands within those interests.  That makes them good companies to invest in for you because you already have a lot of knowledge about the company.   4.  Do Your Own Research.  Matt bought Sirius stock because some guy told him to.  He didn’t do any research and lost money.  You have to put in some due diligence before buying stock.   5.  Set It And Forget It. Constantly checking your numbers does not make them go up.  Get your process in place