Look for the heck of it? Once a week to once a month. Rebalance my passive, index-based, 60/40 portfolio? Once a quarter. Anything less is sloppy and potentially costly in the long run; anything more risks being led into “rebalancing” based on fear and greed reactions to market noise.
I track my portfolio and the market daily. People say I’m crazy, but it gives me the largest sample size of interactions with how the market behaves and I’ve learned a TON. I don’t panic easily, so I’m probably an outlier here. The most useful times to watch are the periods when the market is the most volatile.
In a rising market, I check my account totals weekly, just for the fun of it. I like to see something grow, be it a plant or portfolio. In a falling market, not so much, except to monitor the need to rebalance. I glance at the indices and my funds a couple of times daily, for no good reason, other than to keep up with the general trend. I’m still working, and not planning to do anything more than make regular deposits into my funds, and rebalance occasionally.
I check the status of the overall market a couple of times daily. I check our two active accounts weekly – a bit more when I reset any expired covered-call options mid month and less when traveling. We check two other accounts maybe quarterly – these are fully invested in index funds and in “set-it & forget-it” autopilot mode. Based on comments below, I should probably check these autopilot accounts more frequently.
Look for the heck of it? Once a week to once a month. Rebalance my passive, index-based, 60/40 portfolio? Once a quarter. Anything less is sloppy and potentially costly in the long run; anything more risks being led into “rebalancing” based on fear and greed reactions to market noise.
I track my portfolio and the market daily. People say I’m crazy, but it gives me the largest sample size of interactions with how the market behaves and I’ve learned a TON. I don’t panic easily, so I’m probably an outlier here. The most useful times to watch are the periods when the market is the most volatile.
Pretty much daily, but more as a hobby (testing technical analysis and formulas) than anything serious like frequently trading.
In a rising market, I check my account totals weekly, just for the fun of it. I like to see something grow, be it a plant or portfolio. In a falling market, not so much, except to monitor the need to rebalance. I glance at the indices and my funds a couple of times daily, for no good reason, other than to keep up with the general trend. I’m still working, and not planning to do anything more than make regular deposits into my funds, and rebalance occasionally.
I check the status of the overall market a couple of times daily. I check our two active accounts weekly – a bit more when I reset any expired covered-call options mid month and less when traveling. We check two other accounts maybe quarterly – these are fully invested in index funds and in “set-it & forget-it” autopilot mode. Based on comments below, I should probably check these autopilot accounts more frequently.