/24-7PressRelease.com/ - March 12, 2005 - The DIY Portfolio Management Society educates investors. The site features, why do-it-yourself, Wealth Formula basics, issues, strategies, and links to more info. We believe investors can manage their own portfolios.
The site details reasons it is good to manage your own portfolio. The #1 reason is just that it costs less. Investing expense is lower. Management fees are eliminated and transaction costs can be reduced with online accounts. Annual, quarterly, inactivity, and planning fees can be eliminated with online services and careful shopping.
The site reviews the Wealth Formula and its 3 input variables. Small downloadable spreadsheets let visitors play with the 3 input variables to see how future wealth is changed. It is fun to come up with inputs where a $5 per day habit robs retirement of $250,000.
Each month the site takes on an issue that impacts setting of portfolio goals. March's issue is taxes. With several tax saving ideas, is a warning that using tax impact as a reason for holding on to a stock can wipe out gains.
Most people should concentrate on matching the market and minimizing expense. About 80% of investors, and of pro money managers, fail to beat the market. Beating the market takes more work and more discipline, and more acceptance of risk than matching the market. Are the 20% of 'do it yourself' investors that beat the market just lucky or do they have a plan?
The Society's textbook, can be skimmed thru a 'look inside the book' feature. Slide presentations from a six hour seminar can be run thru most web browsers. Links to related sites include one to an excellent retirement planning calculator.
The Society believes in self-directed investors. Do-it-yourselfers can easily match the returns of the market while reducing investing expense. With work and discipline, do-it-yourselfers can beat the market. The Society exists to help investors learn to manage their own portfolios.
The Society educates do it yourself investors. For further information visit www.diyportfoliomanagement.com, email [email protected] or call (808)877-0728
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