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Episode 3203:
Darrow Kirkpatrick shares how a low-effort, disciplined rebalancing approach can help investors stay steady during market volatility while avoiding emotional mistakes. His rules emphasize simplicity, tax efficiency, and letting natural portfolio flows do the work, a strategy that helped him retire securely at 50. Discover how “benign neglect” can protect your portfolio while supporting long-term success.
Read along with the original article(s) here: https://www.caniretireyet.com/how-i-rebalanced-through-perilous-times/
Quotes to ponder:
"Benign neglect, bordering on sloth, remains the hallmark of our investment process."
"If you decide never to rebalance, it’s good to know there is ample evidence and authority to be confident about inaction, especially in taxable accounts."
"My biggest investing mistakes were not selling hugely successful and over weighted positions which later reverted to more average values."
Episode references:
Vanguard Balanced Index Fund: https://investor.vanguard.com/investment-products/mutual-funds/profile/vbiax
Vanguard LifeStrategy Moderate Growth Fund: https://investor.vanguard.com/investment-products/mutual-funds/profile/vsmgx
Vanguard Wellesley Income Fund: https://investor.vanguard.com/investment-products/mutual-funds/profile/vwiax
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