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Tracking Performance
W
hen you prepare a budget or decide on
an investment, you can be certain of
one thing: The numbers will not be ex-
actly as you predicted. That’s why you need to moni-
tor your results. If they differ signifi cantly from your
projections, you can take corrective action. If they are
more or less on track, you can be confi dent that you
are in control of the situation.
Performance of an investment
When you evaluate a new investment, you’re planning
for the long term—typically a year or more. But if you
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