Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Too bad some of the [-]snarky[/-] replies you've gotten. However, I'm not sure your analogies apply. Being a DIY investor as most of us mean here, is usually as simple as establishing an asset allocation, picking low expense index mutual funds to fill out a portfolio, and rebalancing every so often. That can be done serviceably with 3 funds, if not 1. The fund manager(s) is doing the investing on your behalf.ERD50, I've remodeled two complete bathrooms (thread is in this forum)and didn't find it near as difficult as learning how to invest. Reason being is I believe I'm mechanically inclined and it comes easy for me. Rebuilding my first engine came easy for me as well as my first major home reno but I wouldn't consider saying to you or any other member, that it's easier then dong your own investing, since I'm not in your shoes.
ERD50, if you tried to install a thermostatic shower system and totally remodel your bathroom, I wouldn't downplay the work involved even though I think the average person can do it with assistance. Don't you think being a member of FWF since 2007 isn't an attempt to learn it myself.
Again if my friend made an attempt to learn how to repair there own car and failed my advise wouldn't be it's easier then doing your own investing since I don't know how mechanically inclined they are.
On the automotive forum that I belong to, you'd be amazed at how many people can't diagnose a no start, even when we walk them through it. Yes we don't think anyone can do it. Some people take much longer to wrap there head around diagnostics. I'm not saying I'll never learn how to do my own investing, I'm just finding it much harder and longer to wrap my head around the whole concept.
Again, I don't want to feel that each reply of mine is an attempt to defend myself since I won't learn anything from that. If that's the case then there is no need to reply to this thread anymore.
DIY investing in the sense most of us mean here, using your examples, is probably equivalent to making some design selections and choosing a contractor, or picking a car repair shop among many choices (dealer, private all purpose, or specialty shop) - NOT remodeling your bathroom yourself or fixing your own car. There's a proven cost-effective middle ground method of DIY investing that almost anyone can master without an FP/FA, I think that's what folks are suggesting. FWIW...
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