Rebalancing is counter-intuitive but there’s no denying the mathematics – it can boost returns. Plus the rest of the week’s good reads.
The Investor
Are you paying through the nose for active fund management, but getting a cheap index fund in disguise?
As long as you’re not talking nose-bleedingly stupidly high P/E ratios, a higher P/E ratio for the market is no reason to fear lower returns.