106 Things We Do For Clients, No. 26

by | *Financial Awakenings, Fee Only Financial Planning


No. 26 of 106 Things We Do For Clients

Monitor your investments. You may have heard of an investment strategy called “buy and hold.” There are a lot of conflicting opinions about what the term means. It’s rarely a good idea to literally implement such a strategy. Things change continuously. Companies change. Mutual fund managers change. Economies change. Markets change. Asset classes change. Indexes change. Behaviors change. Your portfolio allocations rise and fall. All of this needs constant monitoring and management. Leaving these items unattended could cost you much more than the cost of an investment advisor.

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