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Episode 2574:
Sarah Sharkey's article with TheCollegeInvestor.com demystifies portfolio rebalancing, a crucial yet often overlooked aspect of investing. She illustrates how rebalancing maintains alignment with your financial goals and risk tolerance, despite market fluctuations.
Read along with the original article(s) here: https://thecollegeinvestor.com/37290/what-is-portfolio-rebalancing/
Quotes to ponder:
"Portfolio rebalancing is the act of reorganizing your asset allocation as your portfolio grows."
"Rebalancing is an important component of building an investing strategy that is successful in the long term."
"If you never rebalance your portfolio, you may be steering into uncharted territory as if you were a driver that decided to throw out the map while on a cross-country road trip."
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Optimal Finance Daily - Financial Independence and Money Advice