This is a YouTube video titled "Frequent Rebalancing of Your Portfolio #personalfinance #doctor" containing a monologue or talk about investment portfolio management, specifically discussing the impact of frequent rebalancing and how to allocate new money to maintain balance. The speaker shares personal experience and advice on portfolio rebalancing strategies. The content is from November 23, 2024.
That's why frequent rebalancing can hurt you is because those stocks still had some more time to run. But you don't need to worry about this too much, right? I mean, for the most part, I don't rebalance my portfolio. I just direct new money where it needs to go. I didn't touch my portfolio for months, right? And so just this week, as I'm recording this, I went in, I had some money to invest from the last couple of months, and I look well what's behind in my portfolio. Bonds are behind. You know, my real estate's done okay. Stocks have done great, especially US Stocks. And so my new money needed to go toward bonds to bring the portfolio back into balance. So it doesn't have to be perfectly in balance. If you're a percentage up or percentage down, that's okay. You don't get any magic rewards for being perfectly balanced. And besides, even if you did perfectly balance your portfolio, two minutes later it's out of balance again.
Physician Takes a Youth Sports Team to the State Championship - MtoM Podcast #236
