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What are some of the basic rules of investing?
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1. Start by setting investment goals and creating a plan.
2. Research investments before committing your money.
3. Diversify your portfolio and spread out your risk.
4. Understand the tax implications of investing decisions.
5. Monitor and regularly review your investments.
6. Be mindful of fees and other costs associated with your investments.
7. Be aware of the market conditions and adjust accordingly.
8. Invest for the long-term, not the short-term.
9. Avoid investing on emotion and act based on facts.
10. Educate yourself and understand the basics of investing.