By Rick Kahler via Iris.xyz
Over 25 years of writing this column, I have often discussed the value of a static buy-and-hold asset allocation with periodic rebalancing.
This means investing specific percentages of your portfolio in several asset classes (a few of which are stocks, bonds, commodities, and real estate). Then, at least once a year, you buy or sell gains or losses to readjust each asset class back to the original target allocation.
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