How often to check fund value?

puk999

I check daily. I know it's unnecessary and aim to reduce the frequency over time.

Thrugelmir

Daily check. At the last count there were 63 holdings in my SIPP alone. Predominantly company shares as opposed to collective investments. With new funds every month to invest, along with bond funds paying monthly and many shares quarterly. There's a constant dribble of purchases.

When holding collective investments you lose sight of how much volatility there is in each individual share. Checking daily enables me to to track what's actually going on, i.e. company news. Buying on weakness can result in an extra percent or two gain, along with a better yield on buy and hold stocks.

DominicH

I aim for "almost never", but at this time of year there is always a flurry of activity and I tend to get investment-obsessed for a couple of weeks. If I checked every day, all the time, I'd worry/panic too much.
For example, I see that in the last year there were some fairly big rises and falls. I was only vaguely aware of them because I had successfully weaned myself off looking at share prices. And in the end, it turned out to be a good year.

InvestInPoker

In all honesty I check mine daily. It's not only to see how everything is going, it is also to check that everything is in order and there has been no unauthorised activity on the accounts. I think it is careless to leave financial accounts unchecked for a year at a time, no matter what "good advice" people or books give you.

Kendall80

kidmugsy wrote: »

Twice a year. They are long term investments not current accounts.

You could find everything ok on your first check and everything 50% down on your second check!


Personally, I keep up with pertinent economic news so that in such an eventuality I can take action to reduce losses.


I do check my funds every day or 2 at the moment but I would think stretching that to once or twice a week wouldn't make much difference.


I check my individual equities 86400 times daily just so I know exactly 'when' I get screwed!

Broken_Biscuits

checking daily or every other day when you first start out is a good way of working out what to expect. Sure itl slow down over time.

the other day a few things dipped. Turns out it was usa raising rates. U wouldn't have known if i didn't check so wouldn't have learned what can impact prices.

its all a learning curve.

masonic

Broken_Biscuits wrote: »

the other day a few things dipped. Turns out it was usa raising rates. U wouldn't have known if i didn't check so wouldn't have learned what can impact prices.

Correlation does not imply causation. The media love speculating about why share price movements have happened. More often than not, it's just a guess.

Edit: Also the US has not increased interest rates. It is simply the case that "many economists speculate that an interest rate hike is inevitable in the near future" (according to the media).

IronWolf

For my small illiquid share holdings I check every day, as when the price moves it goes big and fast, and i want to catch the +100% moves and sell

Broken_Biscuits

masonic wrote: »

Correlation does not imply causation. The media love speculating about why share price movements have happened. More often than not, it's just a guess.

Edit: Also the US has not increased interest rates. It is simply the case that "many economists speculate that an interest rate hike is inevitable in the near future" (according to the media).

cheers.. I much prefer to get my 100% truths from internet forum posts.:)

Radiantsoul

I suspect even the ultra-passive holders of just one bond and one stock fund probably check more than a couple of times a year. The internet brings the cost of checking down to close to zero...