Watch This Before Rebalancing Your Investment Portfolio!
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 3 March 2023
⏱️ 39 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Before you make a mistake, watch this for rebalancing. |
| 0:03.9 | Brine, I am super excited about this because I feel like this is one of those shows where |
| 0:15.0 | we get to flex a little bit. |
| 0:16.4 | We get to talk about some of the nut flex like this. |
| 0:20.0 | This is some of the things we get to talk about something that is a little bit more intricate. |
| 0:24.4 | That's a little bit more nerdy. |
| 0:25.6 | It's a little bit deeper in the weeds when it comes to financial planning and investment |
| 0:29.5 | management. |
| 0:30.5 | But we think is wildly valuable when it comes to navigating your overall financial |
| 0:36.2 | life. |
| 0:37.2 | Well, I think about terms that people who start showing an interest in personal finance, |
| 0:42.0 | they hear, but how often do people just not tell them how do you actually do it? |
| 0:46.9 | What's the value? |
| 0:47.9 | What's the purpose? |
| 0:48.9 | It's like, this is the perfect concept and content to kind of go over because we hear |
| 0:53.1 | terms like rebalancing. |
| 0:55.6 | But does anybody ever tell you what that actually does for your portfolio? |
| 0:58.6 | How does that add value to your long term future self? |
| 1:02.2 | We're going to dig into that. |
| 1:03.2 | Just like we did the tax loss harvesting show probably four or five months ago. |
| 1:07.8 | You guys, I was like, is this too nerdy? |
| 1:10.0 | You guys told us no. |
... |
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