For accumulating long-term investments, an investor should first have a good Knowledge of his financial situation.
Of course Before one will think of going for long term investment first you will need to examine yourself very well before you will think of making any investment plans. Because the journey is very far, moreover this journey is not the one you will go and succeed just within a couple of months No" rather it will take some years before it will yield a good profit, except you don't intend to get enough profit from your investment. That's when you can decide to cut the journey off or you will proceed in getting to the final destination.