The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: Abe on April 30, 2018, 08:59:09 PM
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I was looking at my investment portfolio and noticed that with all the freaking out in the media earlier this year, you'd think things would've turned out worse. However, my return rate from 1/1/2017, checked on the last day of each month, varied by less than 3% from October 2017 to April 2017 (hovered around 22%). Maybe time to downshift to checking every 3 months!
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I was looking at my investment portfolio and noticed that with all the freaking out in the media earlier this year, you'd think things would've turned out worse. However, my return rate from 1/1/2017, checked on the last day of each month, varied by less than 3% from October 2017 to April 2017 (hovered around 22%). Maybe time to downshift to checking every 3 months!
If you're running a passive portfolio there's no need to check it more than once a year, or each time you put in more money if you have to buy manually.
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Also, stop paying attention to the media, go on a media diet. You'll be happier and healthier and have more time. Your investments will be fine. Peruse the daily headlines online and read those that are interesting to you, but ignore all the predictions and doom and gloom.
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This is a symptom of 24 hour cable news. They have to have stories to sell for ad revenue. You'll notice they don't give much clear perspective. The Dow is their favorite to report because they can say: "THE DOW DOWN 500!" instead of "The Dow is down 1%!"