Wealthy investors may not only be interested in the different types
of mutual funds and their asset allocations. They typically are
keenly interested in the kind of returns they are making. For many
people, it’s easy to invest your money and then forget about it. For
others, it’s vitally important to track investments every day. I recommend a mixture of both. The market is too volatile to watch it
everyday and value your portfolio that way. With the ups and downs
the market sees every day, it could drive average investors crazy to
see their account values rise and fall. In fact, I have more than a few
clients who do this and are constantly worried about the state of
their portfolios. However, it’s healthy to evaluate your portfolio on a
fairly regular basis, like quarterly.
