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Monitor your investments regularly from "summary" of The Smartest Investment Book You'll Ever Read by Daniel R. Solin
The key to successful investing is to keep an eye on your investments. You can't just buy a few stocks or mutual funds and forget about them. You need to track their performance regularly. This doesn't mean checking them every hour or even every day. But you should review them periodically to make sure they are still aligned with your financial goals. Monitoring your investments regularly allows you to make necessary adjustments based on market conditions and changes in your personal circumstances. For example, if a particular stock is consistently underperforming, it might be time to sell it and invest in something else. Or if your risk tolerance has changed, you may need to rebalance ...Similar Posts
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