Is the Bear Market Over?
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 29 March 2023
⏱️ 23 minutes
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Summary
Transcript
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| 0:00.0 | Shondra's question is, should a financial mutant consider rebalancing more when they |
| 0:12.8 | are in step seven of the food? |
| 0:16.0 | Does it matter when or why you should rebalance? |
| 0:18.5 | And I kind of like the frame this about like where in the food should you start to consider |
| 0:22.6 | this? |
| 0:23.6 | What do you guys think about that? |
| 0:24.6 | So here's what I think is really, really, really interesting about rebalancing that we |
| 0:27.1 | did not talk about in the actual show that I think is so important. |
| 0:32.8 | All of us, when it comes to investing, we are emotional, right? |
| 0:37.0 | We're warned, Buffett, he talks about the fear thing and the greed thing. |
| 0:40.1 | And it's really, really difficult when it comes to making decisions that we end up getting |
| 0:45.0 | emotional about it. |
| 0:46.6 | Maybe we bought that S&P and we just happened to buy it in the last downturn. |
| 0:50.4 | Boy, is it done really, really well? |
| 0:52.1 | And it's been so good to us and is driving our performance and the thought of rebalancing |
| 0:55.8 | and selling it just, oh, it gets angsty and maybe it has a little bit more to go. |
| 0:59.8 | So maybe I won't rebalance this month. |
| 1:01.3 | I'll do it next month and maybe I'll push it off and maybe I'll push it off and maybe |
| 1:03.9 | I'll push it off. |
| 1:05.2 | We all fall victim to that. |
| 1:06.9 | If you're someone who invests in individual stocks, you maybe know this more than ever because |
| 1:11.4 | you get married to those stocks that you buy. |
... |
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