When should you consider changing your portfolio?

Keeping up to date with what is happening in the world is important and will quite often provide you with indicators on when it is time to be a bull or a bear.

It is important to monitor your investments on a regular basis but it doesn’t necessarily mean that you should be constantly making changes as this can sometimes be as dangerous as total inactivity. You should monitor the top funds in the market through Saltydog as well monitoring those funds that you currently hold in your portfolio. Although the funds you hold may not appear at the top of the list, quite often their performance will still be comparable and a switch may be an unnecessary transaction.

Monitoring your portfolio every day is fine but be careful of the temptation to try and trade funds too frequently as this can cause as many problems as inactivity.