To my own knowledge and i will also be glad if i can get some opinions to me before you ask what, ask why. Why are you investing?
Investing is like a project. All projects have a goal or finished item.
What is your goal? Be specific. Getting rich is not specific. One million saved or $1000.00 a month in dividends is specific.
Your goal should be your realistic. One million is realistic. One billion is not. One thousand in dividends is realistic, $10,000 per month, no.
Define your time horizon. Months, years? The time will help you to stay on target and provides measurable times.
Always take risk into account. What is your risk tolerance?
We all have different levels of risk tolerance. As we get older and faced with more responsibility and expectations are risk tolerance begins to drop and as such we look for more stable sources of income with less risk. It's a rule of thumb in investing that the higher the risk, the higher the reward. Most investments that can change the fortune of a person instantly are of high level risk