Portfolio rebalancing is important. You’re no smarter than the market, and that’s no different this time around.
Asset allocation involves dividing your portfolio between different investment asset classes like stocks, bonds, and cash, and sub-asset classes like small, large, and mid-cap stocks. International bonds and investments, as well as growth and value-oriented stocks are often part of a well-diversified portfolio. In order to maintain your target asset allocation through market ups and …