Hey there, James Mayer. Quick Sunday night thought. I have this wonderful scale in my closet that I can step on every single day, and the weight is recorded in an app on my phone. Now, this is wonderful. I have 10 years worth of information tracking my weight, and I usually step on it every single day. Now, what that does is when my weight gets to a certain point, my behavior is to, okay, now we need to eat salads. Now we need to exercise more. Now we need to behave.
The point I'm trying to make is that when you're looking at your investments every single day, you might feel that you need to make changes or adjustments because of how it's going on a day-to-day basis. What would be a much better plan for my exercise and diet and weight would be to adapt a very consistent plan that allowed me cheat days, don't get me wrong, but having a process that I could be semi consistent with would probably alleviate me looking at the scale every day and having to go on some crash Diet.
Same thought with your investments. If you had a plan and a process, you could stick to it better and you wouldn't be so worried about the day-to-day fluctuations. Quick thought. Hope you have a great week.