The thirty-minute rule

Now when did you last check your portfolio? I mean properly. Here’s another rule to try: think of your intended retirement age, double it, add sixty, divide the answer in half, and subtract the number you initially thought of. The answer is thirty which is the number of minutes needed to check your portfolio.

20/11/2019

Transcript

Now when did you last check your portfolio? I mean properly?

Here’s another rule to try. Think of your intended retirement age double; add sixty, divide the answer in half and subtract the number you initially thought of. The answer is thirty which is the number of minutes needed to check your portfolio.

In the beginning it can feel like a chore to check your financial help, but make a habit of it and it will get a lot easier. With time thirty minutes a week, a month, a quarter or half year is better than never giving yourself a financial checkup. This means that you’re much more likely to spot the little niggles and problems before they turn into huge ones that are difficult to recover from.

Check your finances regularly to avoid nasty surprises in the future .

Article is accurate at date of writing.