How can I monitor and evaluate the performance of my portfolio?

There are several ways to monitor and evaluate the performance of your investment portfolio:

1. Review regularly: It's important to review your portfolio regularly to ensure that it's still aligned with your goals and risk tolerance. A good rule of thumb is to review your portfolio at least once a year, or more frequently if there are significant changes in your life or in the market.

2. Track returns: Keep track of the returns generated by your portfolio. This can help you evaluate how well your investments are performing relative to the market and to your goals.

3. Analyze asset allocation: Analyze the allocation of your portfolio across different asset classes, such as stocks, bonds, and cash. Ensure that your portfolio is welldiversified and that your allocation aligns with your risk tolerance and investment goals.

4. Evaluate individual investments: Evaluate the individual investments in your portfolio to ensure that they are still aligned with your investment strategy and goals. Consider selling any investments that are underperforming or no longer fit within your investment strategy.