I was talking with a college finance professor last week and I asked him what he thought was his best idea for portfolio management that isn’t widely accepted or encouraged as part of conventional wisdom. He told me this: “Only rebalance using cash, be it from investments or the new money you have available from your job.”
He said he learned that by forty years old when he saw the stocks he sold in his thirties to rebalance kept going up and raising dividends. You know the C.S. Lewis quote about how we are never entitled to know the answer to the question “what might have been”? Well, stock market investing is the … Read the rest of this article!