Just a very quick note.
With the market plunge this week, it may be a good time to review your 401(k) existing balances. The percentage you want in stocks may have dipped, and it would be a good time to transfer some dollars from cash or bond into the stock funds.
Rebalancing is touted as a good way to enforce moving money from hotter sectors into weaker sectors - before the hot grows cold and prior to the cold warming up! But those who rebalance only on an annual basis will miss out of this kind of volatility that allows mid-year corrections.
Regards,
Trond
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment