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What was your portfolio return last calendar year? Most investors don't know the answer to this question. But their belief in their performance is quite flattering to themselves! If you don't know that you are doing poorly as an investor, you won't learn from your mistakes! Read More
good advice
seems like many people are hesitant to pull out of the stocks they have invested in if they are doing poorly. i know my fater hasnt changed or sold his stocks in many years, even when they arent doing so well. You'll never be able to strategize for the future unless you assess the past.
FIN 325
This stuff is all pretty new to me, but I also have noticed that my father has kept the majority of his investments in the same stock for a long time. He is doing good and is actually a engineer. Haha. He is very educated in investing and the stock market so I think he will do just fine keeping his money where it is. He checks the market daily and never seems to miss a beat. I will be taking advice from him when I am done spending all my money on school and actually have some money to invest.
FIN 325
I may be hard to keep your emotions out of the equation when investing in the market. Perhaps a monthly check on your investments and thier progress might be in order.
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