UBS is shutting down IBD in LA and San Francisco offices. Other US IBD offices bracing for major cuts as well.
According to a spokesperson for the bank, “We are not closing our SF office.”
The more frequently you monitor your portfolio, the more likely you are to observe a loss. This is likely to cause short-sighted decisions and could hurt your investment performance. If you are checking your portfolio more than once per quarter, you’re doing it too much.