The pitfalls DIY investors need to avoid

<p>Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's strategies to help out DIY investors. Hosted by Frances Cook.</p> <p>One of the big trends of the last few years has been people trying out shares investing by themselves. </p> <p>Let's declare upfront, overall I'm a big fan of this. </p> <p>That people can now build their wealth and plan for the future by just logging into a website and putting in a few bucks is fantastic, and creates the opportunity for more people to have financial security. </p> <p>But every silver lining does have a cloud, and there can be downsides to this trend too. </p> <p>If you want to be a smart investor it helps to know the pitfalls ahead of time, so that you can avoid them. </p> <p>For the latest podcast I talked to InvestNow founder and managing director, Anthony Edmonds.</p> <ul> <li>If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on <a href="https://www.facebook.com/FrancesCookNZ/">Facebook here</a>,  <a href="https://www.instagram.com/francescooknz/">Instagram here</a>, and <a href="https://twitter.com/FrancesCook">Twitter here</a></li> </ul><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>