The number of DIY investors in the UK is set to rise dramatically from 2m to 7m over the next three years, thanks to a ban on commissions following the RDR, according to a new book by Andy Bell, founder of Sipp provider AJ Bell.
The book helps what Mr Bell believes will be a soaring number of DIY investors, both novices and more experienced investors, utilise DIY investing and covers a number of investment and pensions products including Sipps and Isas.
With a raft of people making their own investment decisions for the first time, there is more demand than ever for straightforward, jargon-free advice on how to manage your own investments. DIY investment pioneer Andy Bell aims to provide that with his new book The DIY Investor: How to take control of your investments and plan for a financially secure future
Aimed at existing and novice DIY investors, this book claims to cover aspects of personal finance and investment that other similar books do not. The book "holds the reader's hand through every stage of the process of investing."
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The book also shows DIY investors where they can find free research tools and build an investment portfolio that will deliver a financially secure future.
The DIY Investor offers clear, objective advice on the following:
• The different account types, including Sipps, Isas and share dealing accounts.
• An explanation of the investments that DIY investors will encounter, including funds, ETFs, investment trusts, shares, gilts, corporate bonds and several others.
• How to pull it all together, including investing strategies, tips to save tax and charges, and what happens when it all goes wrong.
• What to look for when choosing your DIY investment platform.
• And much more...
The DIY Investor is published by Pearson and is available now, priced at £16.99
Andy Bell graduated from Nottingham University with a first class degree in mathematics and then became a Fellow of the Institute of Actuaries in 1993. He co-founded AJ Bell in 1995 and since then it has grown into one a firm offering low-cost investment and stockbroker services in the UK, currently looking after £19.5 billion of assets for over 80,000 clients.
Sipp pioneer Andy Bell aims new book at 7m 'DIY' investors
