We're still in the accumulation phase, and maintaining our asset allocation through what we're putting in. So at the moment I'm not concerned about rebalancing within the portfolio. But I've noticed a few posts in other threads that mention rebalancing as a result of the recent market drops.
I had assumed that once we get to the point of having everything allocated according to plan, I'd go in once per year and do any rebalancing that's necessary. Whatever happens in between my yearly rebalance, happens.
Are people using another rule, like if things get some % out of whack, you start moving things around? I didn't plan on monitoring that closely. Or is this just an extreme situation that warrants the extra attention?
I had assumed that once we get to the point of having everything allocated according to plan, I'd go in once per year and do any rebalancing that's necessary. Whatever happens in between my yearly rebalance, happens.
Are people using another rule, like if things get some % out of whack, you start moving things around? I didn't plan on monitoring that closely. Or is this just an extreme situation that warrants the extra attention?