We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Rebalancing Portfolio

Just wondering what people do in terms of rebalancing their portfolio?

I have decided upon a quarterly rebalance of my various funds, ideally by buying more of those funds that are under my desired allocation % but switching where this is not possible.

However I am unsure as to whether to rebalance back to my original asset allocation % or leave a level of tolerance I am happy - with say 5%

Would be interested in what others strategies are?

Comments

  • Your_Hero
    Your_Hero Posts: 883 Forumite
    The whole point of rebalancing is to maintain your original investment strategy. I'm not even sure what the benefit of having a "tolerance of 5%" would be? Unless it's to minimise trading, perhaps laziness etc. In which case you should consider rebalancing less frequently than quarterly.

    Usually 6-monthly rebalance is enough and I would maintain the original asset allocation. Review again when you want to lower/increase the risk.
    Stephen Covey once said that "when you teach once, you learn twice". That is the primary reason for my participation on the forums as an IFA.

    Although I strive to provide accurate information in my posts, there may be the odd time when I fail. Yes I know it's hard to believe but even Your Hero can make mistakes. Apologies in advance.
  • ChopperST
    ChopperST Posts: 1,260 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 1 July 2014 at 12:47PM
    I have no need to minimise trading costs as I have none from my provider.

    Certainly not laziness, I want to ensure I tinker enough to give the right return but not too much to be too short sighted.

    These are the main sources for my strategy.

    http://monevator.com/threshold-rebalancing/

    http://www.marketwatch.com/story/the-right-way-to-rebalance-your-portfolio-2014-02-18
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    If you knew the perfect asset allocation it would be important to follow it closely....
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • ChopperST
    ChopperST Posts: 1,260 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Haha thanks for that Glen but thats not what I'm professing here at all!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.