For the past few months I have been working on a third book “DIY Income” which I self-published yesterday on Amazon Kindle - here's a link for preview.
It is a guide to those people who are looking for a little more income from their savings than they can currently get from the traditional high street bank or building society.
For those who are seasoned stockmarket investors, its easy to overlook how confusing and difficult it can seem to those looking at such things as investment trusts, bonds and ETFs - not to mention TER or is it OCF?
The introduction of the Retail Distribution Review last year will mean fewer, but probably better qualified, advisers who will probably be targeting those who can more easily afford their upfront fees. Those with more modest savings of a few thousand will be increasingly left to fend for themselves and this means - DIY.
I briefly touched on income from the market in the final chapter of my first ebook ‘Slow & Steady Steps..’ so have expanded this as well as drawing on some of the areas I have covered in the blog over the past 15 months or so.
Whist doing some research for the book, I came upon an interesting statistic that whist around 1 in 3 adults in the UK have a cash ISA, only around 5% have a stocks & shares ISA. I was wondering what percentage of that 5% run their own DIY stocks & shares ISA - probably quite a low figure.
Unfortunately, the diy investor blog has not received as much attention as I would have liked in recent months, but hopefully content and frequency of posting can now get back to normal - well, perhaps after the pending house move (June fingers crossed!).
I hope some of you can help spread the word - please click on the twitter/facebook button below this article to share on social media.