3. Making an Off-Shore Investment

Many a times we come across shrewd businessmen who persuade us to invest in some fake business plan or in some real estate located off shore. Avoid such investment plans if you suspect the reliability of the plan and its return. Financial experts says it is seen in the market that investors in hope for a good return invest in a off-shore deals which have less regulations but higher probability of being dubious. In many cases investor suffer due to indulging themselves over a fraudulent investment plan without correctly verifying the authenticity of the company.

4. Becoming Impatient

Never attach your emotions with money and change your deals in accordance with your changing moods. Think wisely and don’t panic because you see too much of fluctuations in the market. If you chase time and try to deal with share based on the recent performance then don’t be surprised to see if it doesn’t work in your favour. Share markets are unpredictable. Always remember that the past performance is no indication of future performance. In order to judge how well your deal is? Ask yourself: would I prefer buying this investment plan again? And if your answer is, No, I wouldn’t then this is the time for discontinuing the investment plan. Review your past investment plan so that you don’t make the similar mistakes and move further with some other deals.