Should Investors Rebalance Their Portfolios More Than Once A Year?
Most investors know that they should rebalance their portfolios once a year.
But if rebalancing is good, wouldn’t more frequent rebalancing be better?
I explain this with a story about Kathy, one of my former colleagues.
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Should Investors Rebalance Their Portfolios More Than Once A Year?
I used to work with a woman whom I’ll call Kathy. We were both high school English teachers. It wasn’t an easy job, and Kathy often stayed at school until 8pm so she could refine her next day’s lessons. Kathy figured that the harder she worked, the better her students would perform. Unfortunately,…