What should I do if my top-performing funds start underperforming?

Answer transcript: You should stop doing what you're doing. You should choose one or two funds, give them some time and not look at others. If you watch funds on a day to day basis you will have regrets. Alternatively, you will be unnecessarily happy because many times the fund you've chosen will also do well. But that has no basis. I don't think you should derive happiness or be sad about the day to day noise in the market. Choose a fund that you like and choose a fund of the right kind. Do this evaluation for a 3 or 5 year period. Watching it more often is a futile exercise, keep away.

This article was originally published on April 05, 2017.