Lesson 4: Rebalancing — When and How. Annual is plenty. Quarterly is overkill. Never is dangerous.
Why bother rebalancing at all?
Go with your gut — before we pick a rebalancing rule.
Assessment
You sell some winners and top up the laggards to get back to your target mix. What is rebalancing mainly for?
Sell some winners, top up the laggards. What's it actually FOR? 📓