With all the volatility in the markets lately, the middle of the year is a great time to take a step back and look at how your investments have done. But how should you conduct your own money checkup?
In the following video, Fool contributor Dan Caplinger discusses how you can avoid making big mistakes with your money by doing a mid-year portfolio review. With big gains in the early part of the year having given way to a correction in recent weeks, Dan notes that you have a good sense of where risks are in the market, with bonds in particular having surprised many investors with the magnitude of their declines. Dan talks about how simple, minor adjustments can usually get the job done, while also discussing some situations in which more dramatic action is warranted.