Recent Posts

Archive

Tags

Rebalance Again!

I posted the Rebalance! article in the evening of March 17, 2020. If you rebalanced out of fixed income into equity to get asset allocation in line with target asset allocation, you did quite well. From March 18 to April 10 of 2020, the S & P 500 rose around 14%, the S & P 500 hedging out movement of the Canadian / US exchange rate is up around 17% (the Canadian dollar rose in this period), and the S&P/TSX 60 is up around 20%. Well, after the big market moves, your asset allocation is off again. It is time to rebalance again. Move money out of equity to fixed income to bring asset allocation in line with target asset allocation. This is the opposite of the March 17th rebalancing trade.

©2017 BY BE YOUR OWN FINANCIAL ADVISOR. PROUDLY CREATED WITH WIX.COM