I take this as a positive in my personal financial planning.
Basically the idea is that financial planning should be done primarily for the long term, and therefore the data does not need to be managed in real time. I manually pull all my account totals once a year, update my model, and make adjustments then. If there’s a significant event (example: onset of a global pandemic) I will do a special edition of this process.
To be clear, I’m contributing to investments through the year, but when doing so I’m following a strategy I check about once a year.
Basically the idea is that financial planning should be done primarily for the long term, and therefore the data does not need to be managed in real time. I manually pull all my account totals once a year, update my model, and make adjustments then. If there’s a significant event (example: onset of a global pandemic) I will do a special edition of this process.
To be clear, I’m contributing to investments through the year, but when doing so I’m following a strategy I check about once a year.