Ken Himmler.com

What is it?

Caution:   This topic covers a wide range of complex and highly technical issues. This discussion is not an exhaustive discourse on this subject, but is merely elementary and meant as a basic reference only.

Managing and monitoring

Managing an investment portfolio is not–and never has been–an easy task, but this final step in the investment planning process is a key to successful investing. Managing actually encompasses two distinct functions: portfolio management and portfolio monitoring.

Portfolio management refers to the selection of specific investments and the choice of timing to buy or sell, according to your goals and disposition. A higher level of expertise is needed for this than most investors possess. These investors should seek the help of a professional advisor and/or money manager who may or may not be under the direction of an advisor.

Portfolio monitoring is an ongoing program that provides you with information needed to evaluate your portfolio’s performance and allows you to rebalance the portfolio to keep it on track in achieving your objectives. This function, too, is often left to a professional.

Caution:   If you have the time and expertise to monitor your own portfolio well, use a software package specifically designed for this purpose. Do not attempt to monitor a portfolio manually.

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