Revisit Track Your Money Using a Simple Free Resource Tool

The longer you wait to decide what you want to do, the more time you’re wasting. It’s up to you to want something so badly that your passion shows through in your actions. Your actions, not your words, will do the shouting for you. ~ Derek Jeter

You are not alone, the ability to grow your investments by investing in the stock market is challenging for everyone. Now is the time to be concerned with the quality of your life, you are important. In order to accumulate wealth, the first step is create a plan for your financial needs. Create specific monetary goals, so that you can generate the best plan of action to attain those goals. Depending on where you are in your life you have different requirements. Some of you require a plan for the short term, 1, 5, and 10 years from now. Others time frame is for the longer term, 20, or 30 years later. Whether the investment is for the short or the long run, always look for ways to track your investments.

BGsuccessblueWhether it be you or someone else, keeping track of your investments is essential. The internet makes it much easier, more user friendly than computing gains and losses yourself. Using technical indicators or charting techniques to draw trend and channel lines are also easier than the way I was trained over 30 years ago. The stock market is unpredictable, and can be very volatile at times so monitor your investments, be ready with a plan.

With the internet you can effortlessly monitor your investments to stay in touch with what is going on with just some patience and commitment on your part. There are simple resource tools that can help you keep a close eye on your investments and in minutes you can visit a website to explore, experiment and learn. You can read news reports to find a potential buying or selling opportunity; or view intra-day price movements on stocks, exchange traded funds of different sectors of the market and track mutual funds performance.

The style of investment is your choice; however it’s important to have a plan, a goal in mind, a strategy in place to take care of your finances to grow your money for the future. The size of the investment is not the issue; it’s the action that you will take to begin. Remember money makes money so start thinking, tracking and investing now. It’s never to late to begin.

One of my favorite free easy to use stock market tools is Yahoo Finance. Go to www.Yahoo.com, Choose “Finance” and type a symbol. Yahoo Finance is like one-stop shopping with a click of a button, a very simple tool to track your investment portfolio at a moments notice.

  • You can see what is going on in the investment world.
  • You can follow exchange traded funds (ETF’s) or stocks intra-day.
  • You can compare your favorite mutual funds against a market index such as the S&P 500 by drawing a chart with a click of a button.
  • You can compare investment results to see what vehicle is stronger. 
  • You can export data and do some simple testing.
  • You can see the historical pricing and export into excel (caveat dividends are not always adjusted)

This is just the beginning, of what is possible when you begin to track your investments. Staying in tune with the market by reviewing how your investments are doing is a great step in taking responsibility now for accumulating wealth for your future. Whether you are a novice or professional it is wise to develop good habits to monitor your investments so you can grow and sustain your wealth. Take the action today, review your portfolio and if you have any questions you are welcome contact me at Bonnie@BonnieGortler.com to begin learning more as you embark on the journey toward sensible wealth accumulation.

Discover more about growing and sustaining your financial well-being by visiting here for my book “Journey to Wealth“.

 

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Bonnie S. Gortler
Bonnie Gortler, Consultant, Coach, and Author specializing in Wealth and Well-Being, is a successful stock market expert who has been instrumental in managing multi-million-dollar client portfolios within a top-rated investment firm during her over 35-year corporate career. As the author of “Journey to Wealth,” Bonnie has made it her mission to share the importance of risk management and how to enjoy real financial well-being by applying the technical and mental sides of investing. Bonnie has an M.B.A. and is a certified life coach. It is through her love of coaching, consulting, blogging, and social media that she creates change in the lives of many and inspires people from around the world. Bonnie is fully committed to your personal growth and development as she shares her winning spirit and powerful techniques with you. Visit BonnieGortler.com to gain tips and insights about investing, personal development, and inspiration through her articles on Wealth and Well-Being.
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