Summary of How to Monitor Your Portfolio, Part 1

Your investment portfolio needs regular reviews. You need to supervise it, just as your boss supervises you, to make sure it stays on track. Otherwise, it could end up silently taking on too much risk for you, and that could have bad effects when the market enters its next downturn.

Consider creating an investment policy statement to help you monitor your portfolio regularly. That can help you keep it on track—and sleep more soundly the next time Wall Street nosedives.