You know that your investment portfolio is not a set and forget process. Each portfolio will change over time based on factors like risk diversification, your personal goals, and changes in the market.
This is especially true after 2020 and all the changes that happened within the stock market during the last year. It could be time for you to rebalance your portfolio.
What is rebalancing?
Why is rebalancing important?
This isn’t about reading the market and choosing the perfect time to finesse your assets. It’s about deciding if your assets are still within a comfortable threshold of change.
How often should you rebalance?
Re-balancing may be a taxable event. Before you take any specific action be sure to consult with your tax professional.