Build Your Own Benchmark
Traditional benchmarks have a purpose, but they are impersonal and fail to reflect the messy realities of investing.
A version of this article was published in the September 2015 issue of Morningstar ETFInvestor. Download a complimentary copy of ETFInvestor here.
How do you track your progress toward your financial goals? How do you assess your abilities as the manager of your personal portfolio? How do you measure the value of a trusted advisor? Do you have a benchmark? If your answer is no, then you may want to consider building one.
Ben Johnson does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.