With the right instruction, you could probably fly an airplane, but you leave it to a professional because the cost of making a mistake is too high. Many feel the same way about investing, but for those who prefer the pilots chair, Nathan explains a few of the traps DIY investors often fall into and how to recognize them. Also, on MoneyTalk, understanding the various business entities, the consequences of trading to much, and Beauvais’s book recommendations. Host: Nathan Beauvais CFP®, CIMA®, CPWA®; Air Date: 2/6/2026. Have a question for the hosts? Leave a message on the MoneyTalk Hotline at (401) 587-SOWA and have your voice heard live on the air!