Steps to become an expert investor

Take a "risk tolerance" test which measures your attitude toward risk versus your age and other factors.

Diversifying the investments. Mutual funds, index funds and Exchange Traded Funds (ETFs) gives the instant diversification with less risk than owning individual stocks.

Develop an asset allocation strategy which helps to lower the risk and makes to earns a higher return than invested where the appropriate distribution of your money across several types of investments.

Rebalance portfolio at least once a year is done by keeping the portfolio aligned with "asset allocation" by selling some of your winners and buying more of some investments that have suffered.

Let the banks win be stopped, when procrastination keeps people from making smarter moves with their savings. And with most savings vehicles paying next to nothing in interest right now, they're not going to get you reach the financial goal.

Go off from the beaten path, the easiest way to escape a no-interest bank account is to invest in mutual funds and ETFs.

By following some tips any one may become an expert investor:

1. Strict with the strip loss.
2. Learn from the sufferings..
3. Leveraging, greediness must be avoided.
4. Make sure while acting.
5. Read a lot and limit the stock.
6. Always be patient and disciplined.
7. Reduce the use of various investment strategies.
8. Choosing the stock as per risk profile.