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About

Long-term investment success depends less on picking individual stocks and more on asset allocation. This strategy involves dividing an investment portfolio among different asset categories such as stocks, bonds, and cash. The process aims to balance risk and reward by apportioning portfolio assets according to an individual's goals, risk tolerance, and investment horizon. Over time, market fluctuations cause drift; this tool calculates the precise buying or selling required to return to the target allocation.

Rebalancing forces investors to sell high and buy low automatically. Maintaining discipline in allocation prevents emotional decision-making during market volatility.

investing portfolio finance rebalancing stocks

Formulas

The deviation Δ for a specific asset class is calculated as:

Δ = (Vtotal × T%) Vcurrent

Where Vtotal is the total portfolio value and T% is the target percentage (decimal).

If Δ is positive, you need to buy. If negative, you need to sell.

Reference Data

ModelStocks (%)Bonds (%)Cash/Alt (%)Risk LevelHist. Return (Avg)
Growth80155High9-10%
Moderate (60/40)60400Medium7-8%
Conservative305020Low5-6%
All Equity10000Very High10-11%
Income207010Low4-5%
Permanent (Harry Browne)255025 (Gold/Cash)Medium6-7%
Swensen (Yale)70300High9%
Boglehead 3-Fund60400Medium7%
Butterfly404020Medium6.5%
Risk Parity305020Low6%

Frequently Asked Questions

The 60% stock / 40% bond portfolio is a classic benchmark that historically balances growth (from stocks) with volatility protection and income (from bonds).
Common strategies include annual rebalancing or threshold-based rebalancing (e.g., when an asset class drifts by more than 5% from its target).
Yes, you can input Crypto as "Alternatives" or a custom class. High-volatility assets require more frequent monitoring to maintain allocation percentages.
Drift occurs when one asset class outperforms another, causing its percentage of the total portfolio to rise above the target, thereby increasing risk.