I recently converted my E*Trade IRA to their managed "Core Portfolio". In the two weeks since, I note that rebalancing means taking from the asset classes that are doing better and adding to the asset classes that are losing in order to keep the asset class percentages at their targets. On the face of it, this strategy doesn't seem so smart to me. It has certainly not been beneficial in the short-term. Am I missing something?
Submitted June 27, 2018 at 12:06AM by dbmittens https://ift.tt/2tyeSuY
