How to Handle the Dangers of DIY Investing."
I learned this years ago when I tried to wire a dryer in my house. I had to call in an electrician who felt the need to point out that it was lucky the house didn't burn down.
In the same way, it is possible to destroy an investment portfolio without the requisite knowledge.
Fortunately, today there are excellent books and blogs that devote themselves to educating the DIY investor. With low-cost funds and proper asset allocation and diversification, it is quite easy for those interested in learning how.
Here is one book that is easy to read and will get you started on the right path: The Smartest Investment Book You'll Ever Read by Dan Solin.
If you are seeking investment help, look at the video here on my services. If you are seeking a different approach to managing your assets, you have landed at the right spot. I am a fee-only advisor registered in the State of Maryland, charge less than half the going rate for investment management, and seek to teach individuals how to manage their own assets using low-cost indexed exchange traded funds. Please call or email me if interested in further details. My website is at http://www.rwinvestmentstrategies.com. If you are new to investing, take a look at the "DIY Investor Newbie" posts here by typing "newbie" in the search box above to the left. These take you through the basics of what you need to know in getting started on doing your own investing.