The beginning of 2022 was not kind to the stock market, so many of us might be thinking about how well our invests are doing. Likewise, you’ve probably heard of a stock or cryptocurrency that has gone on a ridiculous run (GameStop anyone) and you’ve kicked yourself for not investing. Knowing how to behave when we are faced with uncertainly can help stop us making expensive mistakes.
Becoming a DIY investor might help you become a better investor. It should certainly help you understand if financial advice is really worth paying for. Here I'll discuss what it takes to be a DIY investor and why you should consider this path.
Here are what I consider the most egregious mistakes you can make with your finances. It's not that you should necessarily completely avoid doing these things, but buyer beware.
Whether you're just starting to invest or have been for decades, total stock market index funds are still some of the best options for diversifying your investment portfolio whilst being tax efficient.
The financial press makes a lot of noise reporting on stock market updates, but really very little of it is useful or actionable.
