Ndubuisi 'Andy' EgwimMoney Coach for Medics|Ex-NHS GP|21+ Yrs Investor| Founder, MoneyWiseDoctor.com|Helping Medics Avoid Big Money Mistakes

DIY Investing vs. Stockbroker Advice

21 Jun 2026 · 2 min

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1:36

In this segment, the speaker reflects on past investing habits, noting that they previously bought shares during offerings—often when prices were already inflated—and relied on advice from stockbrokers whose incentives are tied to fees and turnover rather than the investor’s best interest. Recognizing the conflict of interest, the speaker has shifted to a do‑it‑yourself (DIY) approach, handling most investment decisions personally. They now focus primarily on individual stocks and exchange‑traded funds (ETFs), emphasizing broad, well‑diversified index funds. The speaker plans to allocate these ETFs within a self‑invested personal pension (SIP) account, viewing this as a core component of their long‑term retirement strategy.

Chapters

I see. So, um, but part of, of course, I did, like you mentioned earlier, I did buy shares probably when it's on the offering, which of course, you know, most times is already ballooned out. Yes. Uh, and I, I relied on guidance from people whom I don't know if they're actually looking for my best interest because the, the stockbroking firm will be working towards getting their own fee. Yes, more turnover, they get their own fee. You know the game now. Yes, yes. And, um, of course I wasn't very consistent before. Now what I have learned now, uh, is that I do most of the things myself. Okay, DIY. DIY. Yeah, yes. And, um, I have, say, two approaches to investing. Okay. Yeah. I do mainly stocks and shares at the moment. I know I could do a lot better once my funds balloon out, but at this point, this is what I think I understand very well. Okay. So I do a lot of ETFs. That is the index funds or exchange-traded funds. Okay. So broad, well-diversified funds. Yes. Which was— I felt that would be mainly what I'll do in my SIP account. Okay. Yeah. That's your pension account. So your private pension. My self-invested personal pension or private pension.