I The reason for higher returns when rebalancing is less frequently is very simple. Rising markets tend to last longer than falling markets and certainly longer than 12 or even 24 months Stocks historically has grown in value, too.I am not comfortable rebalancing less than every 12 months.Situations change and there could be more going on than just investments.I'll reread his book but I've got a long term care planning book I should finish first.buzman
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