Hi everyone,
How do you all go about rebalancing your asset allocation for equities in a brokerage account?
I normally invest X amount per month (split into different asset classes) into my taxable brokerage account and then actually just set it on autopay. I love the convenience of it but then I wonder how to re-balance with mutual funds? I know that I shouldn't sell/rebuy because of taxes that this may incur but was wondering if I should just continue contributing X/month split into different accounts OR should I try to do it manually with contributing to my different assets when one falls out of balance??? What would you all recommend? Have a great week!
How do you all go about rebalancing your asset allocation for equities in a brokerage account?
I normally invest X amount per month (split into different asset classes) into my taxable brokerage account and then actually just set it on autopay. I love the convenience of it but then I wonder how to re-balance with mutual funds? I know that I shouldn't sell/rebuy because of taxes that this may incur but was wondering if I should just continue contributing X/month split into different accounts OR should I try to do it manually with contributing to my different assets when one falls out of balance??? What would you all recommend? Have a great week!
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