If you fail to track the performance of your investments, you are on track to fail in earning a reasonable return.
It really is that simple. How do you track the performance? The simplest and most elegant solution for your investments in India is mProfit, a investment performance tracker which allows you to track your mutual fund investments, your stocks, gold, bonds, PPF, NSS, real estate and what not. Get an extra 30 days of validity with this coupon code here - (Disclaimer: I have been using mProfit since the last 3 years and yes, I do earn a small commission on any sales through this link. If you do find a better software or online tool, let me know!)
With mProfit, you are on track to rebalance yearly, half-yearly, monthly or whenever you feel like it - (though I do not recommend that!). You can check the value of your investments as on any date you care to enter.
My next post will be on rebalancing and what it can do for you.
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