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While I don't look at my total portfolio (because we have investment accounts in several different locations and it takes time to go to each website to check it), I do look at my two largest individual stock holdings every day on Yahoo finance.
Not sure if this is healthy or not (to be checking several times a day). I read about how some people only look once or twice a year and there's no way I could do that. Maybe I'm obsessed with our overall position.
Once a month, I do go to every acct, check the numbers and update a spreadsheet.
I check mine when the spirit moves me, usually 2 or 3 times a quarter.
When the market was plunging in 2009, I didn't look more than maybe once a quarter so that I wasn't tempted to change my strategy. Smart move on my part to sit tight since I made back all that I lost back then and have grown my investments tremendously the last two years.
I used to fret over our accounts daily, but, found that my nature led me to try to micro-manage my in/out 'stock timing' --- and cost me money most of the time! Now, I leave my stock accounts with a manager and steadily earn 8-10% per year ... without the after-the-fact, market-following anxiety. (Yes, I pay a fee, and still check periodically to ensure that the accounts/managers are maintaining my 8-10%, -- but, I no longer stress and over-react to something I can't really control anyway).
I check mine when the spirit moves me, usually 2 or 3 times a quarter.
When the market was plunging in 2009, I didn't look more than maybe once a quarter so that I wasn't tempted to change my strategy. Smart move on my part to sit tight since I made back all that I lost back then and have grown my investments tremendously the last two years.
I did the same thing. Watch the plummet but stayed in, kept funding the retirement accts and have nicely reaped the benefits over the last 2-3 yrs.
I used to fret over our accounts daily, but, found that my nature led me to try to micro-manage my in/out 'stock timing' --- and cost me money most of the time! Now, I leave my stock accounts with a manager and steadily earn 8-10% per year ... without the after-the-fact, market-following anxiety. (Yes, I pay a fee, and still check periodically to ensure that the accounts/managers are maintaining my 8-10%, -- but, I no longer stress and over-react to something I can't really control anyway).
Some of my money in actively managed by Edelman financial, other accts, I do myself. For my and my spouses' 401Ks, I generally spread the money evenly (20%) among 5 funds and just leave it alone.
I do have another acct where I actively trade a couple of stocks but mainly play the swings. This is risky, dangerous and unwise (trying to time the swings) but I've gotten lucky a few times.
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