I think that checking the marks of your investments on a daily basis can be a bad thing for investors. Here is why:
When you begin to obsess over the marks of your investments you begin to focus on the irrelevant factors of investing. The price movement of your position on a daily time frame is irrelevant. If you begin to attribute too much time to this you might be putting yourself at risk of making a decision based on emotion. Which we know is very bad when it comes to investing.
Successful investing takes years to come full circle and the real determinant of your success is how well the company does during that time frame (The price of a stock will usually follow the performance fo the company). I believe that if you just focus on the fundamental factors of your investment there is no real reason to check the marks of your investments on a daily basis. It will only distract and create emotions in you that don't need to be there.
What do you think?
Submitted April 05, 2018 at 03:30PM by sisumoney https://ift.tt/2GYWQtT
