These simple portfolio checks could save you from costly mistakes
A portfolio management policy of benign neglect beats a too-active one any day. Nonetheless, it’s a good idea to check up on your portfolio periodically. Here are key items to keep on your dashboard. Step 1: Conduct a wellness check. If you’re still accumulating assets for retirement, does your current portfolio balance, combined with your savings rate, put you on track to reach your goal? Tally your various contributions across all accounts so far in 2026: A decent baseline savings rate is 15%, but higher-income folks will want to aim for 20% or higher. You’ll also need to aim ...