The Mind Money Spectrum Podcast

#92. When it comes to tracking performance, here's what really matters.

September 14, 2021 Aaron Agte and Trishul Patel Season 2 Episode 40
The Mind Money Spectrum Podcast
#92. When it comes to tracking performance, here's what really matters.
Show Notes

What do you track? What do financial advisors track? What should you track?

In this episode, Trishul and Aaron try to address the question, "How do I know if I'm doing well?" From an investments perspective, this has historically meant comparing the performance of an investment strategy to a benchmark. But for meeting life goals, tracking net worth, savings, and spending may be more impactful. And outside of finance, how does your behavior react to what you monitor and track?

Episode References

Investing Forever - King of the Hill
Investing Forever - One Lifetime of Wealth
Historical Returns by Asset Class
Investing Forever - Passive is the New Aggressive part 7
Time-Weighted Return vs IRR
Dow Jones Industrial Average
MSCI All Country World Index
MSCI World Index

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.