I just rebalanced to my nominal 50/50 (age 62) and I must say it was the hardest one I've done yet. I use a 10% AA band ( equities can bounce between 45% to 55% before I do any buying or selling) and I've been hovering at the 55% plus a simdgen sort of level for quite a while now. I just could not get motivated to rebalance since every guru (I guess with the exception of Bogle) keeps going over the bond bubble litany and the drip drip drip chinese torture treatment obviously got to me.
I finally decided enough is enough and have done it! Jubilation! With my uncanny timing ability this means the stock market will continue to zoom up like a rocket ship.
I finally decided enough is enough and have done it! Jubilation! With my uncanny timing ability this means the stock market will continue to zoom up like a rocket ship.