Uploaded by NorthStarPlanner on Dec 15, 2009
http://www.northstarplanners.com
What is rebalancing and why is it so important? Allen Giese, CLU ChFC of NorthStar Financial Planners explains the importance of keeping your portfolio balanced, and the need to rebalance it often.
Rebalancing is necessary to capture the Capitol Market Rate of Return effectively. Rebalancing makes sure that your portfolio stays properly allocated during ever-changing financial times, keeping your percentage of shares in various markets matched up to the level of risk that youre comfortable with. If you dont rebalance, then your portfolio wont represent your wants and needs.
NorthStar Financial Planners, Inc, fee-only financial planning firm in Plantation Florida: The Fine Art of Wealth Management
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