- Rebalancing is the most powerful tool investors have to buy low and sell high
- You are setting your allocation to the percentages that you want them to be at
- Volatility levels eventually even out
- People are as bearish as they were in 2009
- Losing out on gains
- Successful investing has to start with a time tested investment philosophy and strategy
- You must understand how decisions are make
- Flexibility and transparency are key to stick to the process
- Question from Facebook:
- Are your investments doing the best they can, and are you on track with your investments?
- You don’t need to know every detail of your portfolio especially if you trust your advisor
- Rebalancing, asset allocation
- It's less knowing why you own something; its the fact that you know the businesses in your portfolio
- You hired someone to give you the insights while they manage it for you
- Own the best of the best
- It's always good to tune up the portfolio and prune it
- People spend their time chasing benchmarks
- Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria
- There is so much cash and people are scared they are going to miss out on the market
- Tax cuts generally don’t bring in big market corrections
December 18, 2017