Audio available in app
Rebalance your portfolio regularly from "summary" of The Smartest Investment Book You'll Ever Read by Daniel R. Solin
Regularly reassessing and adjusting your investment portfolio is a critical step in maintaining financial health. This practice, known as rebalancing, involves periodically reviewing the assets in your portfolio and making necessary changes to ensure that your investments align with your goals and risk tolerance. Rebalancing is essential because over time, the performance of different investments can vary, causing your portfolio to become unbalanced. For example, if one asset class performs exceptionally well while another lags behind, the overall risk profile of your portfolio may shift. By rebalancing, you can realign your investments to maintain the desired level of risk and return. There are several approaches to rebalancing a portfolio, includi...
Similar Posts
Don't let emotions dictate your investment decisions
Investing in the stock market can be a daunting task for many individuals. The ups and downs of the market can evoke strong emo...
Market timing is nearly impossible
Timing the market is a seductive notion that has entranced investors for generations. The idea is that by predicting the future...
Avoid speculative investments
The importance of avoiding speculative investments cannot be overstated. Speculation involves buying securities based on the ho...
Focus on the underlying value of a company's assets
When it comes to investing, one of the key principles to keep in mind is the importance of focusing on the underlying value of ...
Understand the power of saving and investing early
Ah, the power of saving and investing early. It is a concept that cannot be emphasized enough. Imagine two friends, John and Ma...
Save money and invest wisely
Saving money is a fundamental aspect of achieving financial success. It is essential to have a portion of your income set aside...
Invest in companies with strong fundamentals
The intelligent investor should invest in companies with strong fundamentals. This means focusing on the underlying financial h...
Stay informed about macroeconomic factors that could impact investments
It is essential for investors to constantly monitor macroeconomic factors that could potentially affect their investments. Thes...
A high income does not guarantee financial security
It's a common belief that a high income automatically leads to financial security. After all, more money means more resources, ...
Investigate the competition thoroughly
When it comes to investing in a company, it's crucial to thoroughly investigate the competition. This means taking the time to ...