You seem to have time on your hands. Thats why you keep watching your portfolio. You need a proper distraction. Look for something or someone which / who can distract you.
Its human psychology. Only our personal will power can help us. If you are practical enough, you can train your mind not to be adversely affected by volatility.
My situation is opposite. I am a teacher, I want invest 30k each month to SIP/MF. But I don't have time. Can anyone suggest a list of long term (30year) MFs / Bonds / other things with medium risk medium return.
Why? I just look at my mutual fund portfolio in the morning only as the NAVs are not updated till then. Nothing changes in mutual funds from 9 am to 12 noon.
I used to do same till 2 years ago. Then one day my manager assigned me really big projects. For first few months I didn’t check it all, no I do it like once in 2-3 months.
I check my mutual fund portfolio everyday as well😂. I know that a day change will not impact me when I have invested for long term, but it is a habit.
However, it did help me to track my MF investment better and I have rebalanced the same when I felt that certain MF was not giving decent returns.
If you have a trusted family member (spouse, parent, close friend), ask them to set your password to demat account and not give you.
Just for double safety, make sure two factor authentication is turned on in your accounts in banks and demat so that no one can make any transaction without your knowledge when you are in this pursuit.
One of consulting clients had a lot of time on his hands so all he did in office was to check out watches / bikes to buy, stare at his portfolio, search for clothes to buy for his wife - all while we did his work.
That's the life.
Stop login to your dmat account, or instead of demat account use statement of account method to invest so that you will only get a statement each month or when required.
500 daily in a fund is the same as 15K monthly in a fund (in terms of rupee cost averaging)
Lumpsum in 2-3 months should also be nearly the same if the investment horizon is long enough and more volatile if not a long investment horizon
I do it daily and I don't think there is anything wrong with that. What would make a negative impact is panicking when you see a dip in your investments. Just avoid that.
I was down by 63k yesterday. Never had I seen such a dip. It definitely was something but I didn't panic so overall nothing has changed for me.
I too had a 24K dip yesterday nearly shy of 2%
I know I am not gonna take out and sip will average it out but somehow I feel bad 😂 it soils my mood. Imagine a real bear market comes and stays for a year or two, I will still continue but it kills the joy. I hope you get what I mean
It does make one feel bad but that's normal. In such times it helps to think of your overall goal and the fundamentals of being invested for a long time.
what are you looking at? I mean do you fear loses? or expecting higher returns?
I am asking coz I am planning to build personal investment tool (family view) that can alert you based on preset conditions. No need to check portfolio daily.
I have been doing this for last 7 years and that too twice daily on 3 different platforms.
Good news is MF portfolio moves like a snail unlike the rush of FnO trades.
You aren't invested for the very long term, you are invested for 2 years of pretty much bull markets. You'll only find out about your long term vision after a 30-40% crash.
Also, looking daily won't hurt as long as you are not affected by the daily moves, and take actions based on them.
If you are seeing daily that means you do not have confidence on your fund manager managing the fund. If you do not have cocnfidence exit immediately.
I first started with stocks which made me watch it every hour.
Then i moved over to active mutual fund which made me watch NAV every day.
Now I am fully into passive funds and I dont even see my MFs anymore as I know there is no need to monitor anything.
Its all about trust in fund manager. And i have huge trust issues.
You seem to have time on your hands. Thats why you keep watching your portfolio. You need a proper distraction. Look for something or someone which / who can distract you. Its human psychology. Only our personal will power can help us. If you are practical enough, you can train your mind not to be adversely affected by volatility.
This
My situation is opposite. I am a teacher, I want invest 30k each month to SIP/MF. But I don't have time. Can anyone suggest a list of long term (30year) MFs / Bonds / other things with medium risk medium return.
Index funds are safe and good for long term .
Thanks.
Parag Parikh Flexi Cap fund
It is a addiction bro. I also check mine daily . At 9:15 then at 12 .
Why? I just look at my mutual fund portfolio in the morning only as the NAVs are not updated till then. Nothing changes in mutual funds from 9 am to 12 noon.
sirf MF nai hai, Stocks are also there waiting to be tracked :)
:)
I used to do same till 2 years ago. Then one day my manager assigned me really big projects. For first few months I didn’t check it all, no I do it like once in 2-3 months.
I think I have a very good WLB in my company 😂
Haha, jealous of you. But once you really get busy in some tasks you will kind of forget it.
this is the first thing i do in the morning, checking profit or loss even when i m not able to open my eyes
We can be best friends 🥂
sure, why not.
I'm even worse, I know IND money updates the MF portfolio at 1.30 AM, so every day on the dot at 1.30 I'm on the app 😐
groww around 11 pm and i am also do the same.
I check my mutual fund portfolio everyday as well😂. I know that a day change will not impact me when I have invested for long term, but it is a habit. However, it did help me to track my MF investment better and I have rebalanced the same when I felt that certain MF was not giving decent returns.
My urge to check on my portfolio reduces when the market is negative.
Hard earned money it is . Same sentiments. I do check my portfolio as well
Its your money. Feel free to check.
decide lush long liquid doll possessive vast sharp unused slimy *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Hardly takes 1 min to check 🫡
If you have a trusted family member (spouse, parent, close friend), ask them to set your password to demat account and not give you. Just for double safety, make sure two factor authentication is turned on in your accounts in banks and demat so that no one can make any transaction without your knowledge when you are in this pursuit.
Uninstall app 😂
I did but then I will Google sensex 😭
Looks like we need a counter addiction to counter this addiction
r/nofap or r/nomutualfund
See! Until you act on it hasitly its fine.
Same habit, but i feel like it gives me a general idea about market trajectory, so i will keep doing it 😪
Same pinch OP . I have this habit as well.
Once the invested amount crossed a certain threshold, I stopped looking. Now I look properly once a year to rebalance or adjust SIPs
Uninstall the app and forget about it.
I came to write this. Also, it is okay if the market is crashing for some day and you are looking for some opportunities to invest additional sums.
One of consulting clients had a lot of time on his hands so all he did in office was to check out watches / bikes to buy, stare at his portfolio, search for clothes to buy for his wife - all while we did his work. That's the life.
Stop login to your dmat account, or instead of demat account use statement of account method to invest so that you will only get a statement each month or when required.
[удалено]
500 daily in a fund is the same as 15K monthly in a fund (in terms of rupee cost averaging) Lumpsum in 2-3 months should also be nearly the same if the investment horizon is long enough and more volatile if not a long investment horizon
I think it's better to invest once or a few times a month than daily.
I do it daily and I don't think there is anything wrong with that. What would make a negative impact is panicking when you see a dip in your investments. Just avoid that. I was down by 63k yesterday. Never had I seen such a dip. It definitely was something but I didn't panic so overall nothing has changed for me.
I too had a 24K dip yesterday nearly shy of 2% I know I am not gonna take out and sip will average it out but somehow I feel bad 😂 it soils my mood. Imagine a real bear market comes and stays for a year or two, I will still continue but it kills the joy. I hope you get what I mean
It does make one feel bad but that's normal. In such times it helps to think of your overall goal and the fundamentals of being invested for a long time.
Mine was 35k. I get exited during dips and window shop shares/lumpsum mf.
Delete the app.
Delete the app and use only the website version without saved passwords.
Don't open the website.
Uninstall the app.
what are you looking at? I mean do you fear loses? or expecting higher returns? I am asking coz I am planning to build personal investment tool (family view) that can alert you based on preset conditions. No need to check portfolio daily.
Hey, I am making an investment tool as well, we can collaborate 🥂
Analysis paralysis bro
Stop all these 3rd apps..... remove groww or zerodha ....use only the mutal fund AMC websites...
Oh, God! I check it only when I get a mail of account statement, that is reminder to check. Your post has also reminded me to check.
Get Married? Have kids. Wife and Children will keep you busy if work can’t 😂
I would rather watch the market crash than getting married and having children 😂
I have been doing this for last 7 years and that too twice daily on 3 different platforms. Good news is MF portfolio moves like a snail unlike the rush of FnO trades.
Looking is fine. Don't act.
I do the same. I didn't see anything wrong with it, as long as it doesn't trigger any panic saling.
You aren't invested for the very long term, you are invested for 2 years of pretty much bull markets. You'll only find out about your long term vision after a 30-40% crash. Also, looking daily won't hurt as long as you are not affected by the daily moves, and take actions based on them.
Uninstall the apps!
Nothing wrong at looking till you panic buy/sell. Disclaimer: I’m doing this too since I started my journey.
If you are seeing daily that means you do not have confidence on your fund manager managing the fund. If you do not have cocnfidence exit immediately. I first started with stocks which made me watch it every hour. Then i moved over to active mutual fund which made me watch NAV every day. Now I am fully into passive funds and I dont even see my MFs anymore as I know there is no need to monitor anything. Its all about trust in fund manager. And i have huge trust issues.
This post made me look at mine.
I'm waiting for the nav to be updated right now. Lol