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It's OK To Look... Right?

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  • #31
    It's fine.

    It's also OK to look Left.

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    • #32
      Originally posted by PhysicianOnFIRE View Post
      It's fine.

      It's also OK to look Left.
      Dad joke approved.

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      • #33
        I check 20 times a day. Well I leave a screen up with updates every couple of seconds so maybe more. Either way I don't see the harm in it. I've beaten the S&P 9 years straight. Sure I'm only down 34% YTD, but its early in the year. I'm going to recover nicely I hope.

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        • #34
          to relate this to something medical, we often ask why order a test when the outcome won't change your course of action....

          I'm in favor of a periodic, scheduled look if your plan is to dca or some form of systematic contributing.

          There is nothing wrong with checking daily or etc but it's not really beneficial and it's only going to tempt you to deviate from your plan. If your plan is to contribute X amount monthly, then do that and don't look back for a couple years unless something major changes.

          I have noticed my portfolio performance is pretty strongly inversely correlated with how active it is, ie the more moves I make, the worse it does. I think continually checking and etc only contributes to that.

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          • #35
            Originally posted by Jack_Sparrow View Post
            I check 20 times a day. Well I leave a screen up with updates every couple of seconds so maybe more. Either way I don't see the harm in it. I've beaten the S&P 9 years straight. Sure I'm only down 34% YTD, but its early in the year. I'm going to recover nicely I hope.
            This sounds extremely healthy. 🙄

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            • #36
              Originally posted by Panscan View Post
              to relate this to something medical, we often ask why order a test when the outcome won't change your course of action....

              I'm in favor of a periodic, scheduled look if your plan is to dca or some form of systematic contributing.

              There is nothing wrong with checking daily or etc but it's not really beneficial and it's only going to tempt you to deviate from your plan. If your plan is to contribute X amount monthly, then do that and don't look back for a couple years unless something major changes.

              I have noticed my portfolio performance is pretty strongly inversely correlated with how active it is, ie the more moves I make, the worse it does. I think continually checking and etc only contributes to that.
              “to relate this to something medical, we often ask why order a test when the outcome won't change your course of action.... ”

              I said this already……but it was about a hundred posts ago.

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              • #37
                Originally posted by PhysicianOnFIRE View Post
                It's fine.

                It's also OK to look Left.
                Awesomeness!

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