If your investment portfolio is down big over the past 12 months, you're not alone.

2022 was the worst year for the S&P 500 since 2008. But for many investors that were highly concentrated in the technology, communications, and consumer discretionary sectors -- or growth stocks in general -- 2022 could very well have been the worst calendar year in their investing careers.

But just because a portfolio is limping into 2023 bruised and battered doesn't mean that it's time to overhaul your entire investment strategy. Instead, a smarter approach is to reflect on the big picture so you can better align your investments with your financial goals. If you're already aligned, then maybe the best thing to do is nothing at all. But oftentimes, there are a few tweaks you can make here and there that can go a long way. Here are three actions you can take now to help your investment portfolio.

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Source Fool.com