We all work hard so that we are comfortable in our retirement years, so many people put their money in savings account which does not really help them grow their money. That is why investment is such a good idea, because it can help you earn a lot more. However not many people have a good idea of what investing is. That is why you should always speak to an investment manager, who knows how to avoid mistakes that could cost you your money.Investing can be scary because the fluctuations in the market are so unpredictable. One minute your investment could be riding high and the next minute it is down. So before you take that step to invest, what to do need to know? What are your goals? Understanding your current situation will allow you to define where you hope to go in the next 3, 10, 20 years. Pooled resources like hedge funds are a great idea, but, you need to approach them with caution and make sure you understand everything. Get a hedge fund manager to handle the nitty-gritty of handling your money. This does not however mean that you should not actively know what is happening at all times. Invest for the long term. There is a mentally that investing is only for people with money. This could not be further from the truth. Start saving early, and try as much as possible to put something aside every month. Consistency is very important if you want to invest because you have to be ready to put in an amount every so often. Plan to stay in your investment for a long time. Do not keep on switching strategies or investment plans any time you feel like it. Pick a plan, pick a good hedge fund manager or investment advisor and stick to it. You are, of course, better off diversifying your portfolio so that you can spread the risk. Continue to learn so that you are constantly aware of the options you have. You will never fully figure it out. If you do not have a background in financial management, then you should not take on the role of managing your own investments. Those who have excelled at investing will tell you to hire a hedge fund manager or an investment expert to walk you through the process. This is not to say that you do not have an intellectual capability to handle your own money, it just means that you are better off letting the experts handle their business. Investing is an emotional business because seeing how the market is performing can stress out most people, especially if the market is not doing well. You may end up making emotional decisions that could cost you. By letting an expert handle your accounts, you are able to avoid this. Yes, they do come at a cost, but you are better off letting an expert handling money. When investing you have to be prepared for the good and the bad. Working with the experts will help you navigate the process because they can give you the best advice on which areas to invest in and how to avoid the common pitfalls many people fall into when investing.