While rebalancing may be helpful as a risk management strategy, it may actually reduce long-term returns. But that isn't a reason to avoid it.

Michael Kitces | 1 comment | 0.25 CE

We've been drilled that rebalancing in portfolios results in improved returns and/or reduced risk. But the benefits of rebalancing are far smaller than we’ve been led to believe.

Michael Edesess | 4 comments