Rebalance your portfolio regularly from "summary" of The Investment Answer by Gordon Murray,Daniel C. Goldie,Gordon S. Murray
Regularly rebalancing your portfolio is a crucial step in maintaining your investment strategy. By periodically reviewing and adjusting the allocation of your assets, you can ensure that your portfolio remains aligned with your financial goals and risk tolerance. Over time, market fluctuations can cause your asset allocation to drift from its original targets. For example, if stocks outperform bonds, your portfolio may become more heavily weighted towards equities than you initially intended. Rebalancing allows you to sell assets that have performed well and buy assets that have underperformed, bringing your portfolio back into ...
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