More financial services employees than ever are hoping to add those three little letters to their email signature.
Your studying was worth it, your plans are right on track, the promise land is so close you can taste it. The rest of you are likely feeling less good. Your (hours and days and weeks and months) of studying did not end up being worth it, you’re right back where you started, and the path to the quote ultimate honor unquote–the land of milk and honey and stacks of CFA exams in need of grading, as high as the eye can see– seems littered with insurmountable obstacles. Your family and friends and colleagues told you they never wanted to hear those three little letters in that sequence again but if you need to vent, we’re listening. You’re safe here.
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.
Click to read more.
Dan Egan, Betterment Director of Behavioral Finance and Investing