Rebalance your portfolio periodically to maintain your desired asset allocation from "summary" of The Coffeehouse Investor by Bill Schultheis
Every so often, you will need to reconsider your investments and determine whether they still align with your goals. This process involves evaluating your portfolio and making adjustments to ensure that it matches your desired asset allocation. By rebalancing your investments periodically, you can bring your portfolio back in line with your intended mix of assets. This means selling assets that have grown significantly in value and purchasing assets that may have underperformed. Rebalancing is important because it helps you manage risk and main...
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