Summary:
Should you rebalance your portfolio? This episode of the prosperity podcast discusses this common piece of financial advice. Is rebalancing your portfolio basically selling assets that work to buy assets that aren't working? Is it important to buy bonds in order to have a balanced portfolio? Tune in to figure out the answers to these questions and more.
Also, please keep sending in all the good questions and feedback! We'd love to answer your questions in one of our upcoming shows, and we appreciate your support.
Show Notes:
0:00 Intro
0:39 Rebalancing Your Portfolio: What Does it Mean?
3:19 What Assets Should You Buy?
5:32 The Trouble With A Balanced Portfolio & Loosing Principle
7:01 Pros and Cons of Bonds
11:39 Income After Retirement: Why Bonds Aren't the Best Option
12:27 The Advisor Side of Rebalancing and Diversifying
13:50 Principle of Prosperity: Seeing the Big Picture
15:02 Our Goal
15:44 Resources:
17:08 Outro
