Some of you may have monitored the external news such as the political & economic aspect. Such aspects may affect the performance of the investment portfolio and one may have to take certain course of action due to such news. Some course of action may be emotional and this may affect one’s rationale of making the appropriate and right decisions. I adopt a different approach. I do not bother with such news and continue to stay invested and make monthly investment with the proceeds derived from the generated dividends on a scheduled plan.
You may have wondered whether this is an appropriate and right approach. I do not know whether such approach may be relevant and appropriate for you. I can only state it for my circumstance. Such approach suits me and gives me the peace of mind. I am not bothered with the external factors and resolve to stay invested at all times regardless of what happens externally. I continue to focus on doing the things of my interest and the investment portfolio continues to generate dividends on a continuous basis. The investment portfolio is a result of my decision to spread the proceeds into as many baskets as possible. I limit each investment to a certain specific percentage of my investment portfolio and this will spread the risk in the event of one or few investments collapse and liquidate and the other investments can make up the shortfall for such unwanted circumstance.
So far, such strategy suits me and leave me ample time to focus on doing the things of my interests. This is the reward given by the investment portfolio which generates the dividends which in turns covers my expenses.