“How am I doing?” is a question I often ask myself. I may check the mirror to make sure I’ve applied my sunscreen evenly before heading outside. I may evaluate how I feel on a long run to determine whether I need more water. In regard to my finances, I might check my spending or see how my investments are faring.
In the realm of portfolio management, there are many ways to measure a investment portfolio. Right now, I’ll look at how to gauge portfolio performance compared to its benchmarks. Here are some steps to consider: