Hi guys,
The more often you look at your portfolio, the more likely you are to make a mistake.
So I’m thinking once a year for re-balancing?
Mind you, ideally you want the re-balancing to be as tax-efficient as possible…
Also, when do you decide to increase and decrease exposure of an asset class? Seems like it’s market timing more than anything tbh…
Take gold for instance, do you increase exposure from 5 to 10% before high inflation? How do you know though it’s coming (before it happened I’m talking about I know it’s here lol)?
Further, when do you know that it’s time to cut back on that asset allocation? When inflation goes back down obviously, but you only know that after the fact and by that point gold price would already be factored in…
Thanks.
Submitted June 14, 2022 at 01:18AM by JusticeForSimpleRick https://ift.tt/yJqVjsz
