How Often Should You Check Your Portfolio’s Performance?

 tree

Angkor Wat, Cambodia. That’s where trees grow on top of 1,000 year old temples.

I first went there ten years ago. It’s definitely worth seeing. But if you go to visit, let me offer two tips.

  1. Never drink water from a Cambodian tap.
  2. If you buy bottled water, examine the seal and the bottom of the bottle.

Some of the locals might look for easy money and pour tap water in.

I drank from one of those bottles. It gave me giardia for Christmas. It’s a microscopic parasite that can make you nauseous, bloated and smellier than a sewer. My doctor ordered a colonoscopy. That’s when they put a camera where the sun doesn’t shine. I didn’t like it very much.

Image by Pixabay

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Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I’m happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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2 Responses

  1. Mark Zoril says:

    Excellent post, Andrew. I agree completely. The less people look at their investments the better. This can be hard to do, though, when so many in the industry and media promote the notion that portfolios need to be “watched” or “monitored”. The temptation to want to do something can be strong.

  2. Owen says:

    Sorry to hear about the Giardia! Quick question – I’ve seen you say you are mainly with TD Direct. We have most of our investments with them (the ones I got back from Sammy Sellmore) and others with DBS Vickers. Vickers seems easier as we have a DBS account here in Singapore and there are no transfer fees. But Vickers also doesn’t have a Book Value vs Market Value view (unless you set up a Custom Portfolio), which according to this post is probably better! From my reading of the fees it seems like both brokerages are similar. Am I on the right track with this? Thanks!

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