Weebit
Dryer sheet wannabe
Hello forum - you guys are a true resource! I mostly lurk and listen and learn!
I need to rebalance my portfolio. I've been ignoring it which is good (prevents hasty sells) but also bad (portfolio may have gotten too out of alignment with target AA).
Also, my target asset allocation needs to change due to my age. (Old-school thinking + Vanguard says so + my husband feels most comfortable with a higher bond fund allocation as we age so I'm going with it.)
I just went to the first of several accounts, and it is painful to think of selling a chunk of Asset Type A to move into Asset Type B when everything (especially Asset Type A!) is DOWN.
I know I can't time the market...but is there an argument to be made to overweight contributions for the next 6 months to regain balance? Or should I rip the band-aid off and do it in one fell swoop and set up my contributions so exactly align with new target AA?
Thanks for your thoughts - now and every day on a wide range of topics!
Weebit
I need to rebalance my portfolio. I've been ignoring it which is good (prevents hasty sells) but also bad (portfolio may have gotten too out of alignment with target AA).
Also, my target asset allocation needs to change due to my age. (Old-school thinking + Vanguard says so + my husband feels most comfortable with a higher bond fund allocation as we age so I'm going with it.)
I just went to the first of several accounts, and it is painful to think of selling a chunk of Asset Type A to move into Asset Type B when everything (especially Asset Type A!) is DOWN.
I know I can't time the market...but is there an argument to be made to overweight contributions for the next 6 months to regain balance? Or should I rip the band-aid off and do it in one fell swoop and set up my contributions so exactly align with new target AA?
Thanks for your thoughts - now and every day on a wide range of topics!
Weebit