How can I evaluate my portfolio performance?
You can evaluate your portfolio performance by comparing it to a benchmark, analyzing returns, and assessing risk.
What benchmarks should I use for comparison?
Common benchmarks include the S&P 500 for stocks or a bond index for fixed income. Choose one that aligns with your investments.
How do I calculate my portfolio's return?
To calculate your portfolio's return, subtract the initial value from the final value, then divide by the initial value and multiply by 100.
What factors should I consider when assessing risk?
Consider volatility, asset allocation, and market conditions. Diversification can also help manage risk.
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