When Uncle8888 saw this article popping up as FB notification; his eyes opened wide!
Walau! Mistake by retirees! He doesn't want to make this mistake too!
Read? Almost all retirees make this mistake
Portfolio rebalancing is universally practiced — and rarely examined
Beware the conventional wisdom.
Author photo
By
MARK
HULBERT
COLUMNIST
Retirees (and soon-to-be retirees) should regularly rebalance their portfolios, right?
That advice seems unobjectionable, of course. It certainly is repeated often enough.
But Humphrey Neill, the father of contrarian analysis, advised us to be skeptical of any advice that is almost universally repeated. He famously insisted: “When everyone thinks alike, everyone is likely to be wrong.”
CW8888:
Hmm .. so Uncle8888 re-balanced his portfolio based on 2 to 3 years forecast ahead of the market based on Investment Portfolio Management : Know enough, Know your yield, Know your risk and How I likely to avoid sequence-of-returns risk from my investment portfolio
This will help to reduce the likelihood of bad draw-down on volatile
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