Skip to main content

Posts

Showing posts from May, 2025

Is DIY investing is good for you?

 Are you a D-I-Y (Do It Yourself) investor? Is DIY investing is good for you? Let's understand. Not just DIY Investing but any DIY (being your own doctor, accountant, lawyer, architect/engineer, car mechanic, plumber, electrician and so on), ask yourself following questions. If your answer is 'Yes' to most of them, you can DIY. #1. Are you a 'pro' in what you want to DIY (ex: you are a doctor yourself or a car mechanic yourself)? #2. Isn't the professional service available or affordable or feasible? (Ex: Something needs to be done/fixed/repaired, which is minor but hasslesome and you wish to use a professional service to avoid getting messy. However professional service isn't easily available in your locality or service available is of much higher scale than a small thing you need and costs too much.) #3. Do you have enough spare time that you can't utilize more productively or beneficially than the cost/value of a professional service? (Ex: Hiring a ma...