As we approach the end of 2019 many people will be sitting down to review their portfolio performance and instigating plans for 2020. While sometimes a review of your investment portfolio can be an “eye-opener” it is something which needs to be done on a regular basis.
Relative performance
It is important that you find an index which is relative to your investment criteria so that you can compare and contrast performance of your portfolio. For example, there is no point in comparing a portfolio of technology shares against the general Dow Jones index. As and when your portfolio structure changes it may be sensible to switch to different indexes. Whatever happens, it is imperative that you are able to compare and contrast your performance on a relative basis. Continue reading “End of year investment review”