Thread: Investing 102
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Old 02-21-2012, 06:36 AM
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GregWeld GregWeld is offline
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I don't compare my portfolio against anything. I just make sure it's doing what "I" want it to do. Everyone is different and everyone needs their portfolio to be customized for themselves. So a comparison is pretty meaningless. I want to have capital gains and dividends - I search for the best companies in a sector that fit my needs and I treat each company as an individual contributor. I written in the past that I just make sure each of them is doing the best job they can.

People spend too much time fussing with all this stuff and it's really just not very helpful IMHO. You start comparing your portfolio against some other metric and then you start to be pulled off your game trying to play catch up or whatever.

Think about what happens around here with car builds - a guy starts out to build his perfect car - then gets on Lat G and sees all this other stuff - next thing he's 5 years off plan with a complicated car sitting in the garage all torn to pieces. In way over his head and trying to catch up -- in the 5 years he spent doing metal work - now his engine is passé and the wheels are dated...

Don't get caught up in stocks and bonds this way... trying to be something you're not.
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