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.
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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:
- Feel free to email us with all your questions
- Check out our blog for free articles and more podcast episodes
- And finally, check out this truth concepts video about diversification (85 minute free educational video)
17:08 Outro
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.