There are always reasons why you start investing, and those reasons also dictate how you structure your portfolio. During periods of increased market volatility, it may be helpful to revisit these targets to see if conditions have changed. Please consider the following questions carefully:
The value of my investment has dropped, have my goals changed?
Is my investment horizon the same as when I constructed my portfolio?
Is my financial situation the same?
Is my investment portfolio in line with my risk tolerance?
MooMamaLlama : good questions! I think its important to re-evaluate often..without changing positions unnecessarily....often out of greed and fear of course! lol. Your questions are great to be asking regularly in this volatile market. And keeping good track of the companies or industries we're invested in is a great way to keep track of investments without constantly watching tickers.
Jamesim OP MooMamaLlama : In fact, as long as we take the right steps, we believe that we will see wealth soon. Impulse is the devil.
MooMamaLlama Jamesim OP : haha true facts.. you make it sound so simple! we all believe we are in the market to become wealthy
Jamesim OP MooMamaLlama : Don't be blinded by greed, don't care about what you miss. As long as you self-review and increase experience, you will succeed.