Finance & Economics
Build Wealth as a Self-Sufficient Homeowner: DIY Investing From Real Estate to Stocks
DIY investing empowers self-sufficient homeowners to build wealth through stocks, real estate, and smart financial choices. Image by Nattanan Kanchanaprat, Pixabay. Many people rely on financial advisors to guide their investment decisions. However, advisors often charge high fees and some may even have conflicts of interest. As a self-sufficient homeowner interested in investing, you can take control of your finances by becoming your own advisor. This is the DIY investing mindset. Learning investment basics requires time and effort upfront. However, it allows you to customize your strategy based on your specific financial goals, risk tolerance, and values. And you avoid paying unnecessary fees to advisors. Taking Control of Your Financial Future with DIY Investing Step 1: Define Goals: To get started, first clearly define your financial objectives. Do you want to save for retirement, a college fund, a home down payment, or something else? Identifying your goals will shape your DIY...
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