The article discusses the growing trend of individuals taking control of their financial futures through a DIY investment approach, particularly with accessible resources and low-cost products like ETFs. While this can yield savings on advisor fees, the piece emphasizes the importance of self-awareness in investing, especially in volatile markets. Investors can easily shift from feeling successful to experiencing regret during downturns. The emotional weight of losses, being more profound than gains, highlights the need for careful navigation of difficult market conditions, with the ongoing tariff-induced correction cited as a valuable learning moment.
It's tempting to adopt a DIY approach to investing, especially with the rise of low-cost products and a wealth of educational resources available.
While it's wise to save on fees by managing your own portfolio, understanding yourself as an investor is crucial, particularly in volatile market conditions.
Investing losses can be much more emotionally painful than gains, emphasizing the importance of preparation and self-awareness when navigating difficult market environments.
The current tariff-fuelled market correction serves as a crucial learning opportunity for new investors to develop their strategy and resilience.
Collection
[
|
...
]