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Why you shall not check daily your stock portfolio
Submitted by Van Beek on December 31, 2009 - 10:56Investors in the stock market who have a long time-horizon shall keep a close eye on their investments, but there are better ways than checking your portfolio every day. Let’s start looking at the disadvantages of checking your portfolio value every day before going into the available alternative.
Four disadvantages of checking your stock portfolio daily when you have a long investment horizon:
1) It takes you every day a few minutes that do not bring you any positive results. Five minutes per working day is more than an hour per month that you can spend in a more fruitful way.