How to Monitor Your Portfolio, Part One
Even in the most casual workplaces, managers review their associates annually. And for good reason: Employers should compensate employees for performing well in their assigned roles and address issues of underperformance.
Investment portfolios require regular reviews, too. You need to supervise your portfolio - just as a manager supervises employees - to make sure it stays on track.
This first part of the How to Monitor a Portfolio article series focuses on how to monitor and modify your fund holdings when necessary. The articles in this section cover monitoring procedures as well as how to review the:
- performance of individual investments and your overall portfolio
- characteristics of the portfolio
- fundamentals of the portfolio's funds
In the second part of the How to Monitor a Portfolio article series, we'll focus exclusively on different ways to review the fundamentals of your portfolio's stocks.
Read Next: Determine Your Approach
Investors should consider the investment objectives, charges, expense, and unique risk profile of an Exchange Traded Fund (ETF) or mutual fund carefully before investing. A prospectus contains this and other information and should be read carefully before investing. A mutual fund prospectus is available through www.scottrade.com or through a Scottrade branch office. An ETF prospectus must be obtained from the issuer.