Whether you're new to investing, or simply want to make the money you've already put aside go even further, the good news is that there has arguably never been a more convenient time to consider DIY investments.

With a huge range of things to invest in and plenty of ways in which to do so, the sheer number of opportunities make becoming a DIY investor an easy, cost-effective means of making the most of your money.

So what are the best ways to enter the world of DIY investments? Here we'll take a look at five tips to help your savings go even further:

Invest Regularly
Saving or investing regularly is a good way of achieving handsome returns. One advantage of making regular investments means that the temptation to attempt timing the markets is removed - something which even professionals struggle to predict. Another advantage is that when the market is down, regular investment means picking up on quality investments for a low price - which can then be sold high when things improve. Simply moving some expendable cash out of your current account and into your nest egg or the Self Investor for AXA [1] is a sure-fire method for savings success. Of course, it's important to first make sure that you are buying into a high-quality, safe investment, as opposed to frittering cash away on a company going slowly down the pan.

Avoid Tax
One key to astute savings is to shield as much of your savings and investment from the taxman as possible. There are numerous ways to do this, from investing in Cash ISAs to stocks and shares. Any earnings from an ISA are free from Capital Gains Tax, and everybody has an allowance in excess of £11,000 per annum. Investing in an ISA will also remove the pain of filing a tax return.

Choose a Suitable Platform
When investing, the middleman can certainly help. DIY investors should consider some of the various investment platforms around - some offer funds only, while others allow investment across funds, investment trusts, shares, bonds and more. Most allow online account setup, with payment options ranging from lump sums to regular direct debits.

How to Invest?
Upon choosing a platform, it's then time to decide on how to invest. Shares have long been a popular choice and offer plenty of rewards, although there are plenty of pitfalls too. Before picking individual shares, it's wise to meticulously research any companies as opposed to opting to invest in the flavour of the month.

Some people might feel more comfortable with an investment trust. This is where a dedicated fund manager will choose shares for you. An advantage to choosing an investment trust is that you have the expertise of a manager to guide you, although it's important to pick the right one. Many fund managers fail to meet requirements year upon year whilst still levying fees, which is why so many people are choosing the DIY route.

Be Wise
If you can't afford to lose money, then don't invest it. It's wise to keep between three and six months' worth of your income in-hand at all times. It might not accrue much interest, although it's at least there to fall back should you find yourself with an unexpected bill, or if you suddenly find yourself out of work.