tjh290633 wrote:
Ah! My impression was that you cut yourself from all information about your portfolio, like news of dividends, corporate actions, as well as forswearing looking at share prices.
With November being a particular busy time for declarations and receiving dividends, with 13 announcement and 9 dividends paid in my case, and the prospect of the need for a trimming operation and reinvestment, it's not a month that I would choose for the exercise.
Well, to be fair, news of dividends and corporate actions are not something I look out for at
any time really, so this sabbatical is nothing to do with that from my own point of view, but of course others may want to include such measures in their own approach to the situation.
In terms of share-prices, I won't seek them out during this four-week period, as I think that would constitute a breach in the spirit of the attempt, and this is something I'm very keen to include in this period, simply because it's something else I think I probably do too much of, and importantly I think I do it to no real-world advantage, which is a key aspect of the types of things I'm keen to cut down on during this period.
Basically this whole thing is around the idea that once a portfolio is of a sufficient size, and is diversified enough, it's capable of getting on with what it's designed to get on with, without the need for perpetual monitoring....
Taking part in this November feature really has taught me that this is the case, and the advantage of doing it is that I've seen very good bleed-over into the periods
outside of the month of November, which again was something I was keen to take advantage of if it happened, which for me it certainly has.
Cheers,
Itsallaguess