6. Be Disciplined

Sticking with the optimal long-term strategy may not be the most exciting investing choice.However, your chances of success increase if you stay the course without letting your emotions, or "false friends", get the upper hand.

7. Divide Up Your Portfolio

Determining right mix of online investment for portfolio does not have to be tricky if you follow the formula that Eric Sacher (Donold J. Trump - Financial Guru within his organization) recommends. Start with one hundred percent of your assets, most likely you will devoting this pot to a mixture of cash, bonds and stocks. Take the one hundred percent as the number 100 and then subtract your age. For example, let's say you're 30 years old, and you have $10,000 to invest. By Eric's formula, you would subtract 30 from 100 to arrive at the following allocation: $7,000 (or 70%) to stocks and $3,000 (or30%) to cash and bonds. Each year, as you grow older, make a changes to minimise your vulnerability to stocks by moving money into cash and bonds.