Rebalance regularly from "summary" of The Bogleheads' Guide to Investing by Taylor Larimore,Mel Lindauer,Michael LeBoeuf
One of the key principles of successful investing is to regularly adjust your portfolio back to its original asset allocation. This process, known as rebalancing, ensures that your investments stay in line with your risk tolerance and long-term financial goals. By rebalancing regularly, you are essentially selling high and buying low, as you are selling off some of your outperforming assets and buying more of your underperforming assets. Rebalancing can help to control risk and prevent your portfolio from becoming too heavily weighted in one asset class. For example, if stocks have been performing well for an extended period, your portfolio may become too heavily weighted in equities, exposing you to more risk than you may be comfortable with. By rebalancing, you can sell off some of your stocks and reinvest the proceeds in other asset classes, helping to bring your portfolio back in line with your target asset allocation. It's important to set a specific schedule for rebalancing your portfolio, whether it's annually, semi-annually, or quarterly. ...
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