Posted 12/4/2023, 8:56:00 PM
Tips for Investors When Markets Are Up: Rebalance, But Avoid Overtrading
- Review your goals and portfolio when the market is doing well to ensure proper allocation and risk tolerance
- Rebalance your investments to maintain your desired asset allocation, but avoid overtrading
- Diversify your portfolio across different asset classes to reduce risk
- Stay informed on market trends and news, but don't chase the latest hype
- Maintain a cash cushion for unexpected expenses so you don't have to sell prematurely