Do-it-yourself investing

You're going to have a lot of audience members pick up knitting after this as a way to

You are a big proponent of DIY investing, do-it-yourself investing.

A lot of my listeners are also DIY investors.

We've got a lot who are investing together through our investing club, Investing Fix.

I've heard from two people recently, one relative and one listener to the show who said, I opened up the Roth IRA and I stuck money in.

And then it turns out a year, two years later, I didn't invest in anything.

And those are the perils sometimes of the DIY investing.

And you have to admit that as someone who's a proponent of DIY investing, you have to say sometimes people, even with good intentions, make mistakes.

It's 7.02 afternoons with me, Komodo Mujisa, and it's time for the finance feature.

We're talking self-directed or DIY investing.

It's getting momentum globally as more people take greater control of their financial futures and the easier access to investment platforms is also driving this shift.

There's also the greater market transparency and ongoing economic uncertainty that are changing the way that people build wealth.

Great to be on your show.

You know, Philip, I suppose that's the first question.

Are we seeing the same shift in South Africa towards self-directed or DIY investing?

Yes.