Luke Weil, a social entrepreneur and an experienced investor, would likely caution against diving headlong into any DIY investment or wealth management strategies. Instead, it seems to be more ideal for aspiring financial DIYers to take an exceptionally cautious approach to finance. After all, an aspiring sculptor would not begin with a massive piece of marble and hope for the best, and those considering DIY investing should start small in order to avoid risking a substantial financial loss due to nothing more than inexperience.
There are a number of DIY investing platforms and online wealth management systems that may ultimately prove to be ideal vehicles for DIY investors, but most experts agree that any investor should take the time to educate themselves on the many practical aspects associated with successful investing and wealth management. A beginning DIY investor should focus on pursuits in which there is a minimal degree of risk and should be especially cautious until developing a sufficient depth of knowledge concerning the nuances and subtleties in investing and wealth management.