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Is Your Investing Taking Too Much Time?

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  • Is Your Investing Taking Too Much Time?

    Does your investing eat up so much of your time that it has become a chore? In my case, managing my investments for maximum income had swollen to a 16-hour-a-week part-time job! But, as I explain in my blog article <a href=http://retired-to-win.savingadvice.com/2014/07/12/enough-time-for-enough-money_125299/>Enough Time For Enough Money</a>, that has radically changed "now that I have shifted to an enough-income investing attitude."

    How do you view the time you put into your investing? What do you think of my new approach? Would the enough-income investing attitude presented in my <a href=http://retired-to-win.savingadvice.com/2014/07/12/enough-time-for-enough-money_125299/>article</a> work for you?
    Retired To Win
    I blog weekly on frugal living, personal finance & earlier retirement at:
    retiredtowin.com
    making the most of my time and my money

  • #2
    My response to your nearly identical thread started yesterday:

    I check my investments once or twice a month, so it takes me about 30 minutes per month.

    I have a three fund lazy portfolio (Total US Stock, Total US Bond, and Total International Stock) and all my contributions are automatic. I rebalance with new funds, and nothing gets out of whack fast enough that I can't tweak it every month or two.

    I am a firm believer in index investing, owing the whole market, and ignoring the noise. For those reasons, there is absolutely nothing for me to check, because there is nothing in this world that could happen that would make me change course and alter what I'm doing.

    I save myself a lot of time and heartache like this.

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    • #3
      I spend very little time on my investments, maybe an hour a month if that. Everything is pretty much on autopilot.

      I have no idea what you're doing but if you're spending 16 hours per week doing it, you should really consider simplifying your portfolio.
      Steve

      * Despite the high cost of living, it remains very popular.
      * Why should I pay for my daughter's education when she already knows everything?
      * There are no shortcuts to anywhere worth going.

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      • #4
        I don't spend that much time. If I am planning on buying an individual stock, then I spend more time than normal doing some research, but the rest is pretty automatic.

        If you are spending that much time, then you must be day trading. Or you just obsess too much over your holdings.
        Brian

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        • #5
          I don't invest that much time. On the off chance that I am anticipating purchasing an individual stock, then I invest more of an opportunity than ordinary doing some exploration, yet the rest is really programmed.

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          • #6
            Managed funds

            That is why I like managed funds. People who have a job to invest money and have the expertise can invest my money. Good returns and saves me time.

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            • #7
              I invest too much time, It stresses me out. I need to just take it slow and not let it bother me so much. If it works great, if not learn and try again right? *gulp*

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