120: Meb Faber – A Crash Course in Long-Term Investing—For Short-Term Traders
Chat With Traders
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How to Rebalance Your Portfolio
Rebalancing is good to do as long as you do it sometime. It gives you the nice discipline of selling the winners, adding more to the losers and rebalancing back to target. But in a multi-asset class portfolio, you could do that every even three to five years and it's not going to make a difference. So if you left it for 20 years, then it gets kind of out of whack.
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