10min chapter

The Investing for Beginners Podcast - Your Path to Financial Freedom cover image

Back to Basics: Effective Tools for Tracking Your Investment Performance

The Investing for Beginners Podcast - Your Path to Financial Freedom

CHAPTER

Effective Tracking and Decision-Making in Stock Investments

The chapter explores tools like Seeking Alpha and Google Sheets for monitoring investment performance, stressing the importance of analyzing mistakes and success. It advises against hasty decisions influenced by short-term events, using examples of American Eagle and TSMC to illustrate long-term impact analysis. Speakers discuss managing emotions, monitoring portfolios, and setting specific timeframes for logical investment choices.

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