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Money Guy Show

Watch This Before Rebalancing Your Investment Portfolio!

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 3 March 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

85% of Americans don’t rebalance their 401(k). Are they making a huge mistake? In this episode, we’ll discuss the “why” behind rebalancing, how to do it, and the data on whether or not rebalancing can increase your return. Watch more exclusive content only on YouTube! Visit our website - Get our FREE financial resources - Check out our course, Know Your Number! - Sign up for our Financial Order of Operations course - Get easy to understand answers to your financial questions Follow us on social media! -Instagram -Twitter -Facebook -TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

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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