Tracking your investments is important to avoid over-diversification

Flying blind is a commonly used phrase for doing something without having any idea of where one is going. Of course, in case of actual flying it’s okay because aircraft have instruments that enable pilots to fly when nothing is visible outside. Investors don’t have access to such instruments. Or perhaps they do, but more on that later. I find that because my general interaction is mostly with people who have at least some awareness of savings and investing, interactions with others sometimes comes as a shock.

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