"It's been a heady time for stocks, with the Dow Jones Industrial Average soaring almost 27% in 2013. After such lofty gains, the stock portion of your portfolio may be much larger than your risk appetite can handle. Rebalance back to your desired percentage of stock holdings."
"It's about managing risk," says Robert Stammers, director of investor education at the CFA Institute. "If you just let it run, the next thing you know you're 90% in stocks. Then, God forbid, we have a crash and there go your assets." Quoted from "Put Your Financial House in Order,"by Andrea Coombes in the January 11 Wall Street Journal.
For guidance in rebalancing check out the 7Twelve Portfolio at http://7twelveportfolio.com/
It's Time to Rebalance your Portfolio
Reviewed by Pisstol Aer
Published :
Rating : 4.5
Published :
Rating : 4.5