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Don’t need to check the markets, my iPhone does that for me in real time. But seriously looking at it? When my stock Funds report dividends and at tax time to verify whether any realignment is warranted or necessary. But since I subscribe to John Bogle’s investment philosophy hardly ever. I don’t depend on my investments for income as I have a generous pension plan that generates the income and provides for additional investments, hobbies, and gifts mainly to family.
I have the “Mint” app which I use to keep track of all my financial information. I typically log in each morning to make sure I don’t have any fraudulent charges on my credit card and that my bank accounts haven’t been hacked. My retirement accounts are also included in the app–they are at the bottom of the page when I log in. I’ve come to realize that if the stock market has been doing well, I’ll take a peek at the account balance to see how much its grown. If I know the stock market hasn’t been so kind, I usually avoid looking.
Sadly, I do look at the markets’ performance daily. There’s no good reason, just curiosity or addiction. I check our accounts pretty regularly too.
Probably 3-4 times a week, just to make sure it’s all still there.
Until David Powell’s recent article on financial account theft, it hadn’t occurred to me how important that was — to check periodically that your money hadn’t been stolen by cyber-thieves.
With the stock market statuses constantly appearing in the corner of the screen on cable news, it’s hard not to know what’s going on there.
Because I know what percentage of our investments are in stocks, and our stocks are mainly broad index funds and ETFs, it’s easy to figure in my head about what our portfolio has done today and so need to check so often.
Every day, sometimes several times a day. Why I don’t know as I don’t trade. I need help😎