Thanks for the analysis! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
My losses are on PTON and all the other stuff I bought at the top. I did sell some TSLA at a crazy profit recently to derisk. Selling PTON to offset those gains and not pay crazy capital gains!
Is rebalancing essentially selling, and owning less of your winners to buy, and own, more of your losers? Sell Google to buy Yahoo. Sell Apple to buy Nokia
No, to fit your analogy better, it's like selling a portion of your Google to buy some Treasury Bills that will consistently pay 4.4%. Rebalancing generally occurs between different asset classes or sometimes between equities of different types (i.e. US vs Interntional).
Frequently selling stocks within a long-term investment strategy can be counterproductive. Regularly adjusting your portfolio or “rebalancing”based on arbitrary ratios, like 80/20, can disrupt the potential for long-term growth by introducing unnecessary transaction costs and potentially missing out on market gains.
@@chetanjilhewar1669 I recently read someone explain that equities are the engine and bonds are the suspension. A super fast car can be great but easier to wreck. Most people prefer a fast car that also has a smooth ride. When the engine gets too stong, rebalancing is often the mechanism to get back to a balance necessary for a fast and smooth ride.
You both are all around nice people. I have all my year end stuff done. I just have to wait for the year to end.
Thanks for the analysis! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
My losses are on PTON and all the other stuff I bought at the top. I did sell some TSLA at a crazy profit recently to derisk. Selling PTON to offset those gains and not pay crazy capital gains!
Jill you're the best
Year end goal: hit the daf. Doing my homework on local recipients.
I cannot find a good lecture on holding over decades (compounding) vs rebalancing.
131st like🥳🥳✌️✌️
Is rebalancing essentially selling, and owning less of your winners to buy, and own, more of your losers?
Sell Google to buy Yahoo. Sell Apple to buy Nokia
Yes except if you rebalanced into Facebook in 2022 you tripled that money. You should follow your investing prospectus.
Yes, it's like cutting your flowers to water your weeds.
No, to fit your analogy better, it's like selling a portion of your Google to buy some Treasury Bills that will consistently pay 4.4%. Rebalancing generally occurs between different asset classes or sometimes between equities of different types (i.e. US vs Interntional).
@@bgoode652 Consistently, barely beating inflation. This is what the smart money does.
Waste of time.
I’m sorry but rebalancing is generally dumb
Yep
Please explain why?
Frequently selling stocks within a long-term investment strategy can be counterproductive. Regularly adjusting your portfolio or “rebalancing”based on arbitrary ratios, like 80/20, can disrupt the potential for long-term growth by introducing unnecessary transaction costs and potentially missing out on market gains.
@@chetanjilhewar1669 I recently read someone explain that equities are the engine and bonds are the suspension. A super fast car can be great but easier to wreck. Most people prefer a fast car that also has a smooth ride. When the engine gets too stong, rebalancing is often the mechanism to get back to a balance necessary for a fast and smooth ride.
Love the show , but dont buy bonds it will never outperform inflation. Buy Bitcoin.