Review your portfolio regularly from "summary" of The Dumb Things Smart People Do with Their Money by Jill Schlesinger
Regularly reviewing your portfolio is a crucial component of smart financial management. It's not enough to simply set it and forget it. Just like maintaining a car or a house, your investment portfolio needs regular check-ups to ensure everything is running smoothly. By reviewing your portfolio regularly, you can make adjustments as needed based on changes in your financial goals, market conditions, or personal circumstances. This proactive approach can help you stay on track and make informed decisions about your investments. One common mistake people make is neglecting to review their portfolio until something goes wrong. By then, it may be too late to prevent significant losses. Regular reviews can help you identify potential issues early on and take steps to mitigate risks. Additionally, reviewing your portfolio regularly can help you take advantage of opportun...Similar Posts
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