frayne
Thinks s/he gets paid by the post
I think I ask this same question about every year and always like to see the comments.
Well
Well
I don't know about every year, but you did ask this in 2011: http://www.early-retirement.org/forums/f28/sell-in-may-and-go-away-55833.html
I really doubt the answers are going to change much, so while you're waiting you might as well review what people said last time.
I'll bet there are some on here who claim to never change allocation, but when the market drops big they come back and tell you how they took equity $s off the table and avoided the big hit
Don't Wellesley/Wellington do all that rebalancing for its shareholders?
And by the way, they do that year round, and whenever they feel it's necessary I think.
I was just asking, as I thought one would not have to do anything holding these funds.
As it is, I have to look at my Quicken screen every day, actually several times a day, to see how my individual stocks are doing. I enjoy it actually, just like I enjoy sweep testing my loudspeakers, and test meat thermometers.
Yep. I don't recall the last time I've had to do any rebalancing. With the bulk of the portfolio in the above two funds my AA hasn't varied more than a percent or two for several years.Don't Wellesley/Wellington do all that rebalancing for its shareholders?
And by the way, they do that year round, and whenever they feel it's necessary I think.
I think I ask this same question about every year and always like to see the comments. ....
To a cook, testing meat thermometers for measurement speed is more exciting than NASCAR....On the other hand, testing meat thermometers sounds incredibly boring.
I'd rather browse Amazon.
If you look at the growth of $10,000 of Vanguard Total Stock (as an example) from mid May to year end over the last 10 years, more often than not the 12/31/yy value is higher than the 5/15/yy value, so it seems like bunk to me. I'm an investor, not a trader.