A few weeks ago, I made a rebalancing move in my IRA because the stock portion had dropped enough to take me far enough away from my targeted AA of 50/50. But I stupidly rebalance the wrong way, moving $10k from
stock bond fund to
the bond fund, not the other way around like I planned to.
And dopey me, I didn't realize this for another week when, after the stock market dropped some more, I reviewed my AA again to see if another rebalancing move was needed. When I entered another rebalancing move of $10k I received a warning about a "round trip" move in the IRA. That is, a reverse transfer within a short time of a previous move. It then dawned on me that my earlier transfer was in the wrong direction. I canceled my proposed move and made a new one but for twice the amount ($20k) in order to undo the earlier move.
It turned out that the net amount from both moves enabled me to buy an extra $800 worth of shares in the stock fund than I would have done had I done my original $10k move correctly. So, my stupidity earned me an extra $800!
Any of you ever make a dumb move like this which paid off?