13 Steps to Investing Foolishly, Step 12: Pay It Forward

Updated
Worldwide Invest Better Day 9/25/2012
Worldwide Invest Better Day 9/25/2012

In honor of Worldwide Invest Better Day, we at The Motley Fool are recapping our "13 Steps to Investing Foolishly" -- steps you can follow to become a better, more Foolish investor.

In the following video, Chris Hill covers Step No. 12: paying it forward.

It's proven that as people, we retain more information by sharing it with others. Not only will helping people with their finances help them and bring you big karma points, but it can make you a better investor, too. The world is full of people making bad investment decisions every day. Think about how many people got burned of Facebook's IPO. Any one of those millions of investors would have saved their money and avoided a few headaches had some savvy investors paid their knowledge forward. Start sharing today, and those you help won't be the only ones who are better off.

Click the big green button to join the thousands of people celebrating Worldwide Invest Better Day on Sept. 25!

The article 13 Steps to Investing Foolishly, Step 12: Pay It Forward originally appeared on Fool.com.

Chris Hill has no positions in the stocks mentioned above. The Motley Fool owns shares of and has options on Facebook. Motley Fool newsletter services recommend Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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