This question was posed by A. A. PhD., Columbia U. Professor Emeritus
How did you choose the 10% rise or drop rather than some other percentage in order to keep your asset allocation balanced?
Monday Morning Millionaire Program Answer:
The choice is arbitrary. It seemed convenient and it has a good track record. Probably, anywhere from 5% to 15% would work just as well.
Asset allocation, the importance of which is underestimated by many investors, is critical for good long term investment performance. Take a look at the details.You need to login to view the rest of the content. Please Login. Not a Member? You can now sign up for a one-month free trial membership. Join Us