Hindsight is 20:20; we can always view what we’ve done with a comprehensive view than before we did it. Whilst you can’t change the decisions that you’ve made, you can change the decisions that you’re going to make in the future.
When building an investment portfolio, the third key consideration that you must bear in mind is: review.
Look back at the investment choices that you’ve made and decide if they are worth repeating or if they require some adjustment.
If you really want to maximise your financial potential regularly reviewing your investment portfolio will most certainly increase your dividends.
You may find that your risk profile has changed due to changes in your life or you may decide that you misjudged your strategy in the first place. Staying on top of your portfolio will help you feel secure about your financial future. Many people feel secure that they have investments, but don’t track and assess their investments. These are often the ones who, when cashing in their investments, are deeply disappointed at how little return their investments have provided.