Like many here, I'm a long term investor. For the next 10-20 years, my interaction with the brokerage website is going to be logging in to invest a fairly fixed mount of excess income every month.
It's actually pretty bad for me to check the dollar-value of the balance, especially if we have another crash or bad bear market.
I think brokerages should facilitate that by offering someone like me the option to hide balances in those occasional visits, so I won't be emotionally impacted at all by any short-term market moves, as such moves absolutely must not affect my actions as a long term investor.
Brokerages are well-aware of the problem, and many of them dispatched emails, banners, and other notices urging clients to refrain from taking actions triggered by the recent dip. However, if you are a long-term investor determined not to take such action, an obvious way to help you would be to stop reminding you every time you login that your holdings are now 20% lower than they used to be.
For a specific example, I am going to login every month to buy a specific predetermined set of ETFs on Vanguard. There is no way for me to do this without seeing my portfolio overall balance.
Submitted January 11, 2019 at 11:09AM by CautiousInvestor http://bit.ly/2FjcJet
