Helpful Basics: How to be intentional
The Meaningful Money Personal Finance Podcast
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Mastering Asset Allocation and Rebalancing
This chapter emphasizes the importance of establishing clear asset allocation targets aligned with individual risk tolerance as part of a long-term investment strategy. It discusses the necessity of a disciplined rebalancing approach and the benefits of consistent investing through methods like pound cost averaging. Additionally, it encourages creating an investment policy statement to guide decision-making and adapt to life changes while keeping costs low and focusing on sustainable returns.
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