Today's investment

Anything about investing money for a profit
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Fraufruit
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Re: Today's investment

Post by Fraufruit »

My advisor tells me not to look at my portfolio so much.
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Re: Today's investment

Post by yesterday »

I think your advisor is right

Buying index funds is a long term game.

On average you make 7 % a year

But you can lose lots in short term, just keep thing about the long term, if we live that long

Seriously, the markets went up far to much in the last years and now I expect lower performance for the next couple of years, hope not a crash
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Alberto
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Re: Today's investment

Post by Alberto »

Thanks for pointing this out. I was actually already very well aware of everybody's recommendation NOT to check the portfolio too frequently.
Yet I check it many times every day. More because I'm a data nerd, rather than I care about finances.
Perhaps I should stop....
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Eric7
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Re: Today's investment

Post by Eric7 »

Alberto wrote: Wed Jan 15, 2025 9:42 am Thanks for pointing this out. I was actually already very well aware of everybody's recommendation NOT to check the portfolio too frequently.
Yet I check it many times every day. More because I'm a data nerd, rather than I care about finances.
Perhaps I should stop....
It's difficult, especially with crypto where it can easily swing 5% in a matter of minutes. :lol:
When the seagulls follow the trawler, it's because they think sardines will be thrown into the sea.
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Alberto
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Re: Today's investment

Post by Alberto »

Eric7 wrote: Wed Jan 15, 2025 10:08 am
Alberto wrote: Wed Jan 15, 2025 9:42 am Thanks for pointing this out. I was actually already very well aware of everybody's recommendation NOT to check the portfolio too frequently.
Yet I check it many times every day. More because I'm a data nerd, rather than I care about finances.
Perhaps I should stop....
It's difficult, especially with crypto where it can easily swing 5% in a matter of minutes. :lol:
it may well be difficult not to keep monitoring often, but that's not the reason I continue doing it.
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Alberto
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Re: Today's investment

Post by Alberto »

Huge gain yesterday, 1.5%.
The last 1 week I'm up 0.6%, though the last 1 month I'm down 0.4%.
This game is fun.
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Alberto
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Re: Today's investment

Post by Alberto »

I'm up the last 24hr (+1.33%), the last 7days (+2.79%), the last 1month (+0.56%), and the last 1yr (20%)
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Re: Today's investment

Post by Fraufruit »

Keep at it, Alberto. You'll have € 1000 before you know it.

:lol: :lol: :lol:
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Alberto
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Re: Today's investment

Post by Alberto »

Fraufruit wrote: Fri Jan 17, 2025 7:58 pm Keep at it, Alberto. You'll have € 1000 before you know it.
:lol: :lol: :lol:
Let's keep both feet on the ground.
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LeonG
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Re: Today's investment

Post by LeonG »

My portfolio hops up and down but in the long term, it's up. I check it once a month. I don't see the point of checking it more often.
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Re: Today's investment

Post by Fraufruit »

Mine jumps up when I check my bank activity so hard to avoid.
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Alberto
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Re: Today's investment

Post by Alberto »

LeonG wrote: Sat Jan 18, 2025 3:11 pm I don't see the point of checking it more often.
For fun.
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Re: Today's investment

Post by yesterday »

My investments are going up and down all the time, why bother to check on a daily basis ?

I sometimes check every day and sometimes not for months.....

Not sure what drives my actions.

I kinda believe in the 7 % rule on average, so not much point to check, until I go into the draw down phase of my life, being careful not to draw to much is worth while checking. I would like to draw down at some point so I am not the richest person in the graveyard.

If I am investing in individual stocks, I do check more often, because the gains and losses can be more noticeable and I might not see it if I am slow.
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Re: Today's investment

Post by bethannbitt »

LeonG wrote: Sat Jan 18, 2025 3:11 pm My portfolio hops up and down but in the long term, it's up. I check it once a month. I don't see the point of checking it more often.
Exactly what my advisor says. "You've been in it for the long haul and it's worked out beautifully. A monthly check-in is fine and don't sweat it." :D
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Alberto
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Re: Today's investment

Post by Alberto »

Again: I check many times every day and I do it for fun.
I'm Asperger and I love numbers.
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