Simple, Bedrock Rules on Personal Finance

Brett Arends:

Smart money moves aren’t more complicated than you think. They’re simpler.

Cut through all the jargon and pontificating and technical stuff, and everything you really need to know about personal finance fits into less than 1,000 words—no more than three to four minutes.

Ignore economic and financial forecasts. Their purpose is to keep forecasters employed. Most professional economists were blindsided in 2008 by the biggest financial collapse in 70 years—and by the stock market’s recovery.