Set It and Forget It – My Struggle with Tracking my Long-term Investments

One of my personal struggles has always been information overload.  I am not overwhelmed by information; I constantly seek ever-changing information. This is evident in a lot of my personal interests.  I tend to enjoy things that are constantly changing, shifting, and updating.  I enjoy the news, sports, and online video games for these reasons.  Now that I have started to invest in the market, I find myself watching the stock indexes even more closely.  This… can become an addiction.

I have money in the market right now in my Roth IRA and in my brokerage account.  The Roth is not going to be tapped for almost 40 years and the brokerage account is probably going to sit and accumulate wealth for at least 10+ years.  With no short-term investments, why do I feel the need to be constantly checking how the market is doing throughout the day, everyday?  I have even had nights where I have checked the Nikkei Market (which opens at 7pm and closes at 1am EST) to see if there is any indicator of how the NYSE will react the upcoming morning.

Tell me, my investing friends, do you watch the market closely even if you are only invested for the long-term?  Is there a way to, literally, set up my investments and then forget about them except to check them around tax time?  Or, is watching our money grow slowly too much fun to not watch on a daily basis (like watching a caterpillar move across the sidewalk)?

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Set It and Forget It – My Struggle with Tracking my Long-term Investments

One of my personal struggles has always been information overload.  I am not overwhelmed by information; I constantly seek ever-changing information. This is evident in a lot of my personal interests.  I tend to enjoy things that are constantly changing, shifting, and updating.  I enjoy the news, sports, and online video games for these reasons.  Now that I have started to invest in the market, I find myself watching the stock indexes even more closely.  This… can become an addiction.

I have money in the market right now in my Roth IRA and in my brokerage account.  The Roth is not going to be tapped for almost 40 years and the brokerage account is probably going to sit and accumulate wealth for at least 10+ years.  With no short-term investments, why do I feel the need to be constantly checking how the market is doing throughout the day, everyday?  I have even had nights where I have checked the Nikkei Market (which opens at 7pm and closes at 1am EST) to see if there is any indicator of how the NYSE will react the upcoming morning.

Tell me, my investing friends, do you watch the market closely even if you are only invested for the long-term?  Is there a way to, literally, set up my investments and then forget about them except to check them around tax time?  Or, is watching our money grow slowly too much fun to not watch on a daily basis (like watching a caterpillar move across the sidewalk)?

1,957 Responses to Set It and Forget It – My Struggle with Tracking my Long-term Investments
  1. Jamar Sorel
    August 17, 2018 | 3:09 pm

    It’s awesomeremarkableamazing to visitgo to seepay a visitpay a quick visit this websiteweb sitesiteweb page and reading the views of all friendsmatescolleagues regardingconcerningabouton the topic of this articlepostpiece of writingparagraph, while I am also keeneagerzealous of getting experienceknowledgefamiliarityknow-how.

  2. this website
    August 17, 2018 | 5:06 pm

    Looking around While I was browsing today I saw a great post about

  3. rotating rabbit vibe
    August 17, 2018 | 6:01 pm

    “There is noticeably a lot to know about this. I assume you made various good points in features also.”

  4. Sarah Biscoe
    August 17, 2018 | 7:12 pm

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  5. spy camera
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  6. Fredric Arribas
    August 17, 2018 | 8:50 pm

    HiWhat’s upHi thereHello, after reading this awesomeremarkableamazing articlepostpiece of writingparagraph i am alsotooas well happygladcheerfuldelighted to share my experienceknowledgefamiliarityknow-how here with friendsmatescolleagues.

  7. to learn more
    August 17, 2018 | 9:23 pm

    Pretty! This has been an extremely wonderful article. Thank you for supplying this info.

Leave a Reply


Wanting to leave an <em>phasis on your comment?

Trackback URL http://mynextbuck.com/set-it-and-forget-it-%e2%80%93-my-struggle-with-tracking-my-long-term-investments/trackback/