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June 1, 2016 | How Often Do You Peek and Worry?

Adrian Mastracci

Adrian Mastracci, Discretionary Portfolio Manager, B.E.E., MBA. My expertise in the investment and financial advisory profession began in 1972. I graduated with the Bachelor of Electrical Engineering from General Motors Institute in 1971. I then attended the University of British Columbia, graduating with the MBA in 1972. I have attained the “Discretionary Portfolio Manager” professional designation. I am committed to offering clients the highest standard of personal service by providing prompt, courteous and professional attention. My advice is objective, unbiased and without conflicts of interest. I’m part of a team that delivers comprehensive services and best value in managing client wealth.

It’s no secret that I am a fan of portfolio strategies.
This week I would like to bring one of them to your attention.

Information overload

I’ve always maintained that investors have too much information at their fingertips. Lovingly called information overload.

Having oodles of information makes most investors check their portfolio far too often. Let’s look at the last six months as a sample.

Had you checked your Dow Jones component of the nest egg only on November 30, 2015 and then yesterday you would have yawned that the index moved from 17,813 to 17,787.

Dropping a paltry -0.15% for the period. No worries.

On the other hand, had you checked it every day you would’ve been much concerned about the Dow Jones slippage to 15,660 back in February.

Chances are all this scrutiny would have made you at least contemplate buying or selling something because the market was tanking as opposed to a valid reason to buy or sell.

So, I ask you: How often should you peek at your portfolio? What will it take for you to reduce the frequency?

Try it soon. It does work!

Talk soon,

Adrian

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June 1st, 2016

Posted In: Adrian Mastracci Blog

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