Title: How to Effectively Monitor Your Stock Holdings
Headings: How to Effectively Monitor Your Stock Holdings
How to Effectively Monitor Your Stock Holdings
Focus on the Business, Not the Price
Key Takeaways
Ignore the Noise
It's All in the Numbers
More Questions
Management's Attitude Matters
Watch the Management
Focus on the Long-Term
When to Sell

Content: The businessman said it was simple. As long as sales were rising and profit margins were good, he knew the business would be fine. He couldn't put a price on any of these businesses every day, so he focused on how the business was performing. Phelps suggested he manage the stock portfolio the same way. Focus on the quarterly reports and the progress of the business and ignore the daily price fluctuations of the stock. This would allow him to achieve similar successful results while maintaining his peace of mind. Ignore the Noise
The businessman said he just couldn't do that, and any stock investor will understand why. The information is available, and we feel compelled to check it. It's getting worse, too. That business was operating in a pre-internet world of daily stock quote updates.