This is where I'm optimal Finance Daily, episode 1048,

How I Rebalanced Through Parilous Times,

by Darrow Kirkpatrick of Can I Retire Yet.

And I'm Dan, I'm your host, and this is where I read to you from some of the very best blogs on personal finance anywhere,

and I'm here each and every day doing that, including weekends and holidays.

And we actually have five shows where we narrate content to you but they all

cover different topics. You can search for optimal living daily wherever you're

hearing this show to find all five of our narration style podcasts.

But for now let's get right to it as we start optimizing your life.

How I Rebalanced Through Parulous times by Derek Patrick of Can I Retire Yet.com

Quote, benign neglect bordering on sloth remains the hallmark of our investment process.

Warren Buffett

To rebalance or not to rebalance, when? How?

We've reviewed the sometimes conflicting and arbitrary advice of a number of experts.

We've found a vague consensus in favor of rebalancing,

but we've also seen studies by respected voices questioning whether rebalancing adds enough value to bother.

Now I'd like to show you my own personal rules for rebalancing.

They don't require any tricky calculations, careful scheduling, or complex transactions.

When in doubt, they prescribe simplicity or doing nothing over complexity or active management.

What they may lack in precision or certainty they make up for in safety and ease of use.

These are the same rules I use to grow my portfolio and retire at age 50 with security and confidence. Let's take a look. One, don't rebalance more frequently

than annually and consider waiting several years. Consider never rebalancing in your taxable accounts.

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