Conventional wisdom says that if you want to get the most out of your investment portfolio, it’s best to leave it alone on a daily basis. Why? If you follow the ups and downs every day, you’re just reacting to the noise.
While it is generally good advice for most investors, as financial advisors, we take a different approach. In fact, every day brings us new information that we use to test our assumptions and “stress test,” if you will, the holdings we currently have in our portfolios. (more…)