MarketWatch has an opinion on this and Dennis would like to weigh in. Also, what about that 401(k) plan that’s just o(k)ay? As always, we like taking the proactive approach.
We often hear advisors say that it’s time to “Rebalance the portfolio.” What does that mean exactly? How would one know when to do that? Isn’t it always balanced? Why does it need to be rebalanced?