Dexia almost collpased more than a year ago. But it’ll still be around in 2025, according to its wind-down plan.
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.
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Dan Egan, Betterment Director of Behavioral Finance and Investing
Why, the firm would rather not say at this time.
BlueGold Capital, an oil-focused hedge fund that shot to fame in 2008 by calling the peak of the market, told its investors on Thursday it was liquidating after four years. BlueGold is conducting an “orderly closure” of the business and expects to return about 98 percent of investor capital before the end of the year, the London-based fund said in a letter to investors, a copy of which was obtained by Reuters. It did not give a reason for its closure…The fund was down 34 percent as of mid-December.