audreyh1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I finally rebalanced my AA retirement portfolio today.
I had rebalanced on the "way down" 3 times - ugh! 7/11/08 - ouch!!!, 10/22/08 - not so bad but still Nov was not pleasant, 1/15/09 - at the lowest point for me but still had to experience that miserable March. By Jan 15 I had pretty much used up all that I could invest, so even though the March selloff triggered rebalance again, I was really out of "ammo".
It's so nice to finally rebalance the other way! After this past year's experience I've decided to "widen" my trigger slightly so that I won't rebalance so often. I used that wider trigger on the way up.
As of yesterday, the retirement portfolio was up over 20% since I sold bonds and bought stocks on 1/15/09. My equities were just shy of 60% of the portfolio. My target for equities is 55%.
Over the past several months, my bond funds have recovered as well as my stock funds, so they both went up and I have had to wait for enough divergence between them to trigger the rebalancing. I compare bonds+cash versus stocks to track divergence from target asset allocation.
Have other people been rebalancing or taking profits? I haven't really noticed much discussion recently.
Audrey
I had rebalanced on the "way down" 3 times - ugh! 7/11/08 - ouch!!!, 10/22/08 - not so bad but still Nov was not pleasant, 1/15/09 - at the lowest point for me but still had to experience that miserable March. By Jan 15 I had pretty much used up all that I could invest, so even though the March selloff triggered rebalance again, I was really out of "ammo".
It's so nice to finally rebalance the other way! After this past year's experience I've decided to "widen" my trigger slightly so that I won't rebalance so often. I used that wider trigger on the way up.
As of yesterday, the retirement portfolio was up over 20% since I sold bonds and bought stocks on 1/15/09. My equities were just shy of 60% of the portfolio. My target for equities is 55%.
Over the past several months, my bond funds have recovered as well as my stock funds, so they both went up and I have had to wait for enough divergence between them to trigger the rebalancing. I compare bonds+cash versus stocks to track divergence from target asset allocation.
Have other people been rebalancing or taking profits? I haven't really noticed much discussion recently.
Audrey