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How often do you check your investments?
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A lot does depend if your portfolio is set to reinvest dividends automatically or if you need to decide what to do with them. This can have a big effect. I set up online access to my main SIPP during Lockdown 1 and found I'd had some big returns of capital on stock and the divs on ITs I bought in the 90's were now very substantial. I reinvested that in April and am now very happy with most of those ITs and stocks and as I locked in some great yields on top of the existing holdings now get to play with some nice chunks of change almost every month.
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I have a spreadsheet for monitoring both my and OH's ISAs and SIPPs that I update on a monthly basis. I will check the status our HL accounts on a daily basis.0
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usually during weekdays, once a day!0
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It's like when you get your first car, or fall in love with a new person. You look at them a lot. Then as time goes on you're still happy they're there, but sporadic checking of the oil/pulse/value satisfies you.2
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I'm now 3 years into retirement, on a modest defined benefits pension. I also have a fair bit in S&S ISAs and SIPPs (Fidelity and Hargreaves Lansdown).
When I was working, I only looked at my investments occasionally (every few months), and mainly because I had another lump to invest. As I was "in it for the long haul", I figured the ups and downs would cancel each other out and all I wanted was to make sure I was invested in a range of funds.
Now I am in draw-down phase, except I haven't drawn down anything (other than my 25% TFLS when I first retired, to pay off the mortgage)! Up until this past January, I looked over my investments only about once a month, and in fact in February 2019 started a once-a-month update, but just of the total balance in each account (2 ISAs, 2 SIPPs).
This past February, I really started taking notice regularly, when the Covid crash hit. I created a detailed spreadsheet of each fund I was in, how much, and performance over 1 month, 3 months, 6 months, 1 year, 5 years and 10 years. Early May, I decided to re-distribute my investments to (a) reduce the total number of funds from 15 to 9, and (b) move out of funds I just had bits and pieces in, and/or that I thought were not good bets for the near- to mid-term. These included an India fund, two small cap funds, and a couple of UK "opportunities" type funds. I also, for example, moved money from a Fidelity global index fund into the Vanguard global index fund (similarly, from M&G bond fund into the Fidelity bond fund), so instead of having two global funds, I only had one.
Since mid-year, I have checked my accounts at least once every day, but mainly out of interest, just to see what the total balance is doing from day to day. I wouldn't make any changes based on this, just trying to understand what I've got. Interestingly, my Fidelity ISA holdings have regained lost ground to pre-Covid levels, and my SIPP has regained and added 13%.
Every month, I repeat the process of recording the 1-month, 3-month, etc. performance of every fund, just for understanding. Interestingly, most of the funds I divested from were a good decision, except the India fund, which would have regained 27% from when I divested, and, and also the UK small-cap fund (which would have regained 33% from when I divested). C'est la vie, overall I'm happy with the performance of what I retained, and I'm happier tracking a smaller number of diverse funds.(Nearly) dunroving0 -
Normally once a month. Occasionally if there's news of a crash / correction in the news, I'll check how much it's gone down in case of a really good opportunity to find some extra cash from somewhere to quickly invest - usually not as much of a drop as the media are making out though
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Daily when the markets are going up, not so often when they are going down.
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Every day at least. Don't know why because I hardly ever buy or sell anything.2
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I glance the AJ Bell app plus Vanguard site once a week and then check fully at the end of each month.0
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Every morning before work
Travel lover, family man and some other stuff..0
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