When is it time to say goodbye to your financial advisor and start DIY investing all on your own?You’ve got a great job. You’re making your monthly debt payments to pay down student loans and the mortgage, perhaps making additional payments on the principal.
You’re living a life of relative frugality and you’re keen on achieving financial independence. Now you’re ready to start investing. But you’re not sure where to start.
Or two or three. The internet is full of great information, but it can be difficult to know where to begin. A good basic personal finance book is organized into a cohesive package of well-written and professionally edited chapters designed to teach you what you need to know and understand to be comfortable managing your money.
Once you have some baseline knowledge from reading a book or two, refine that knowledge with a little browsing. Read some articles and blog posts. Read the forums. When you’re ready, ask questions on the forums.
Harnessing the power of the internet in a different way, take a quiz to determine how comfortable you are in taking calculated risks with your investment portfolio.