CNBC: Why not, if you had nothing to do with this murder, why not turn […]
Most individuals working on Wall Street are good, honest people. But, as with every industry, you will always have your bad seeds. And should you perhaps wake up one morning to find the Feds outside your door, because your best friend sold you out by recording your explicit instructions re: how to dispose of evidence you committed securities fraud, or you were (allegedly) part of a “criminal club” that met regularly to share material non-public information with each other, or you bribed people with lobsters to do your bidding for you, and prison life is not the life for you and you need to come up with a hiding place they’ll never find you, STAT, sand and a cardboard box are a good place to start.
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