The Importance of Rebalancing Your Portfolio
Each individual’s risk profile is different and, as such, it’s important to adjust the weighting of your investments. As investments change over time so does your risk. What are some examples to illustrate this?
David Anderson, Moneywise owner + financial advisor, explains this concept and why the best way to mitigate this is to rebalance your portfolio. This will likely lead to a smoother ride, less volatility and you staying within your risk profile. Listen up!
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