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Most American investors areinvestingfor the long term.
Yet despite these long-term objectives, many investors are checking their portfolios quite frequently.
Hereswhy checking your portfolio so often might actually backfire.
Short-term price changes arent as important as long-term trends.
Therefore, watching investments too closely can cause unnecessary stress.
Most times, youre better off riding out dips in the market.
Adams recommends that those who are nearing or in retirement may want to monitor their portfolios weekly or daily.
Consider shifting your allocation to preserve wealth by owningmore guaranteed income investments, such as bonds.
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