you wont necessarily die. i slit my wrists - for reasons i wont even begin to explain - and i sure as hell am alive. i just make sure i don't dig deep enough to kill myself. but if your planning on killing yourself by slitting your wrists, i seriously wouldn't advise it, because its possibly one of the most slow and most painful way to die.
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Actually, the stabbing of the heart is an instant death, just as if you were to get shot in the heart.
If your throat is slit you will die that moment due to massive blood loss or you will die of blood loss in 4-7 seconds.
(i watch a lot of csi and crime shows.)