I need to do my annual rebalance and it is hard because stocks have done so well. Oh well. Here we go. Do others here rebalance yearly or within bands?
I need to do my annual rebalance and it is hard because stocks have done so well. Oh well. Here we go. Do others here rebalance yearly or within bands?
Thanks for posting this thread, ripper1. It reminded me to stop procrastinating and go ahead with my usual early January rebalancing. I rebalance right after I do my annual withdrawal in January for the following year's spending. I also allow myself to rebalance at other times if the equity portion of my 42:58 AA is off by over 2.5% (less than 39.5% or over 44.5%). But that would be rare.
Yes, it was hard this year! Not only does one not want to sell funds with such good performance, but also the taxes are unpleasant to consider. So anyway, thanks again for the little "nudge".
Always nice to get noticed by someone here. Especially from a distinguished Mod such as yourself. Your welcome, W2RThanks for posting this thread, ripper1. It reminded me to stop procrastinating and go ahead with my usual early January rebalancing. I rebalance right after I do my annual withdrawal in January for the following year's spending. I also allow myself to rebalance at other times if the equity portion of my 42:58 AA is off by over 2.5% (less than 39.5% or over 44.5%). But that would be rare.
Yes, it was hard this year! Not only does one not want to sell funds with such good performance, but also the taxes are unpleasant to consider. So anyway, thanks again for the little "nudge".
+1My RMD will take care of rebalancing for me .