Audio available in app
Rebalance your portfolio regularly from "summary" of The Only Investment Guide You'll Ever Need, Revised Edition by Andrew Tobias
Regularly rebalancing your portfolio is a crucial aspect of successful investing. This means periodically reviewing your investments and making adjustments to ensure that they align with your financial goals and risk tolerance. When you rebalance your portfolio, you are essentially realigning your asset allocation to maintain the desired level of risk and return. For example, if your original target allocation was 60% stocks and 40% bonds, but due to market fluctuations, your portfolio now consists of 70% stocks and 30% bonds, you would need to sell some stocks and buy more bonds to ge...
Similar Posts
Be patient
Patience is indeed a virtue, especially when it comes to investing. It is essential to understand that the stock market can be ...
Be wary of market speculation
The lure of market speculation is a powerful force in the investment world. It promises quick riches and the thrill of riding t...
Be patient with market fluctuations
Market fluctuations are a normal part of investing. Prices go up and down with the ebb and flow of market forces. It’s like the...
Performance measurement is essential to evaluate managers
Performance measurement plays a crucial role in evaluating the effectiveness of managers within institutional investment manage...
Diversification reduces risk
The concept of diversification as a risk-reducing strategy is a fundamental principle in the world of investing. By spreading y...
Discipline is needed to stick to an investment strategy
Investing in the stock market can be an emotional rollercoaster. One day the market is up, and the next day it's down. It can b...
Money is emotional
Money is not just about numbers and spreadsheets; it's also about emotions. Many people have a complex relationship with money ...
Fear and greed can drive markets to extremes
Fear and greed are the primary driving forces behind market movements. When fear grips the market, investors become desperate t...
Keep an eye on the competition
One of the most crucial aspects of successful investing is understanding the competitive landscape of the companies in which yo...
Keep emotions in check
One of the most important principles to remember when it comes to investing is the need to control your emotions. Emotions can ...