Time to Rebalance?

Just a quick post to let everyone know I rebalanced my portfolio today. I was rushed, so technically, I only partially rebalanced—I sold equities. Since the beginning of the year, domestic and international equities have risen. At the same time interest rates have risen, meaning bond prices have fallen.

The net result for me was enough of an imbalance compared to my target allocation that I needed to rebalance. Over the weekend, I’ll address the bond side of my rebalancing and increase my bond holdings to get them back in line.

Your securities may have responded differently than mine, but perhaps it is time to take a gander at your allocation and see if you too should rebalance.

~ Jim