Monitor your Investments (3)

Modifying your plans

Second, you should also review your portfolios for the reason that your own financial situation may have changed to necessitate restructuring your plan and goals.

Say, you may receive a windfall and now have a lot more funds to invest so you can aim for bigger goals.

Or you may have increased your net worth by buying a piece of property so that you have less funds for investing and have to adjust your plan.