Veteran investors worldwide are always on a quest of finding new opportunities to put their extra cash to profitable use thus, growing wealth through INVESTMENT.

People generally confuse investing money with trading.  In a nutshell, investment is when the assets are solid; and HELD for a certain period whereas, trading involves instantaneous buying and selling of liquid assets.

There are a number of channels through which you can put in your money in return for a sound return. But, as far as long term investment goes, it is not suggested unless you have apt knowledge about the game and its rules.

Following are the things NOT to do while investing:

Don’t invest if you are not ready

It so happens when your family friends or corporate allies invest their money somewhere, you end up bagging the same deal voluntarily or persuasively. The right thing to do, however, is to refrain ourselves from such impulsive, emulative financing decisions. The likelihood of you regretting this decision, later on, is fairly high.

Don’t make minor moves

Ensure that the finances you are planning to lock up aren’t your only resort. When you say you want to make a long term investment, you should prepare yourself at least for the next 3+ years. Don’t expect to see returns anytime soon or check the market fluctuation every few days. You must realize that money should be left untouched for years to come.

Don’t start with a huge amount

Bring into account point number 1, Impulse buys often involve a hefty amount of money just as well. So, even if you are investing upon request or demand, make sure you don’t put all your eggs in one basket. Granted the profits would be minimal, but so would be the risk.

Don’t panic when the prices drop

Most investors become panic-stricken when they see the prices dropping. The best decision you could make at that point is to determine how to make your investment portfolio withstand this glitch thus, invest a little more if you will. The media should not manipulate your investment decisions.

Don’t buy when the prices rise.

Another hasty decision that most businessmen take that they buy too soon when prices rise. Another courtesy of media; due to which such news is exaggerated. But, little do investors know that whatever goes up must come down, so the prices would most likely drop as soon as they arise.

To round it off, investors must stay true to their investment instincts if they really are in this for the long term.