Portfolio Rebalancing Might Be Overrated
To many, it Is an unassailable principle: Investors should periodically rebalance their portfolios to their target mix of stocks, bonds, cash and alternatives that best suits their risk tolerance. Doing so is widely considered a best practice for reaching one’s long-term financial goals.
Powell, Robert, "Portfolio Rebalancing Might Be Overrated" (2017). In the News. 1901.