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DIY investing: Be wary of its touted benefits and hidden costs
By Endowus Insights  •  September 4, 2020
The Do-It-Yourself trend is not new; social media and the internet have just accelerated its growth. Be it Ikea Billy bookshelves, furnishing and decoration of newly-weds BTO, or investment portfolios, people are embracing self-help and the sense of satisfaction that comes with it. With the proliferation of low-cost brokerages and unbridled access to information, there is a greater push for people to self-manage their investments. For the uninitiated, there may be benefits to taking investing into your own hands, but many will realise that the stress and satisfaction involved is not quite the same as assembling a bookshelf. What is “Do-It-Yourself” investing? DIY investing is an investing method in which one decides to construct and manage his or her own investment portfolio, rather than engaging an agent, such as a remisier, financial advisor, or relationship manager to manage his portfolio. Some DIY investors choose to directly invest in individual securities,...
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By Endowus Insights
Headquartered in Singapore, Endowus is the first and only digital advisor for CPF, SRS, and cash savings, helping everyone invest holistically, conveniently, and with expert advice at the lowest cost possible.
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