Is anyone else bothered by unsatisfactory portfolio performance analytics on most of the major platforms? If you hold a basket of funds and/or stocks, it can be quite hard work finding out if you might have just been better off in a tracker fund.
I took to Twitter late last week to see what other people’s thoughts are on the matter. Forced to comply with its 25 character-per-option polling rules, I asked if and how private investors monitor their overall performance compared with a benchmark. The most popular response was “Manually in Excel” with 37 per cent of 177 votes.
28 per cent ticked “I don’t really monitor”. While part of me admires this, as incessant checking is unlikely to help either performance or your mental wellbeing, it supports a theory I have suspected – lots of people don’t have a grip on how their investments are performing.