Does Your 401k Need a Monkey on its Back?
Many investors are becoming more interested in applying the do-it-yourself approach to managing their portfolios.
But lets be clear: Managing your own investments is not easy.
Good investment management practices are complex and time consuming, requiring discipline, patience, and consistency of application.
Some investors can handle it. Lets just say that Ive met my fair share that cant. At all.
Too many investors fail to follow some simple, time-tested tenets that improve the odds of achieving success and, at the same time, reduce the anxiety naturally associated with an uncertain undertaking.
Portfolio Monkey has made a solution to help the self directed individual achieve just that.
Portfoliomonkey.com is a free site that can help you manage your portfolio. You did catch I said FREE, right? Just checking..
May 11, 2012
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Posted by Luis Cook
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This is a guest post by Hank Coleman who writes about personal finance, investing, and retirement on his blog, Money Q&A. Hank shares his story about how he and his wife decided to become landlords.
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