9. You Should Not Ogle Thy Investment

Financial market is versatile in nature. Focusing too much on the frequent rise and fall of the stock prices will make you a manic especially when you receive market updates text messages to your cell phones every five minutes. Don’t forget the fact that the more you will look into the indexes the more you want to mess around with your investments. When you often buy and sell your stocks, you need to pay the commission expenses. If you waste a little sum of money while paying commissions, don’t tend to neglect this is ultimately grasping your profits as well.

"If the job has been correctly done when a common stock is purchased, the time to sell it is almost never," says Philip Fisher, greatest investor and thiker of all time.

10. Don’t Make Heroes of Mere Men

So far there is no perfect investor born on earth. Even the famous faces in the world of investment like Warren Buffett, George Soros and Peter Lynch have all taken wrong investment decisions at times. However, these personalities can teach you a lot about investment strategies, because of their investment experience and financial success. But you must choose an investment plan only after develop a don’t understanding about it. So don’t mimic any mere investor and consider them to be your hero just because any of their investment decision brought them higher returns.

Also Read: 8 Homeless People Who Turned Filthy Rich