What is Do-it-yourself Investing?
Do-it-yourself (DIY) Investing, self-directed investing or self-managed investing is an investment approach where the investor chooses to build and manage his or her own investment portfolio instead of hiring an agent.
A stockbroker, Investment adviser, Private banker, or Financial planner.
Top 3 Types of DIY Investors:
An investor who builds and manages a portfolio consisting of one or more managed fund.
Individual securities investor:
An investor who builds and manages a portfolio consisting of individual securities.
An investor who uses a combination of the above investing approac
A simple approach to investing, for many investors, is to hire investment representation to manage their own portfolios. The main duties of investment representatives are to provide advice, allocate money to asset classes and investment products, and to make portfolio management decisions.