Portfolio Strategy
Rebalancing is a risk control, not a return booster
Selling winners to buy laggards rarely raises returns — and that was never the point. What rebalancing does is keep the portfolio you own resembling the one you chose.
Posts
Author: Marcus Ellery, CFA
Chief investment officer. Writes Meridian’s market commentary and oversees portfolio construction, with a research background in factor investing and asset allocation.
Market Commentary
What to do when markets fall (and what not to)
Declines of 10% happen in roughly half of all years. They are the price of the returns, not a failure of the plan — but there are five things genuinely worth doing.
Portfolio Strategy
The only variable you control: what your portfolio costs
One percentage point over 25 years on a $500,000 portfolio is more than half a million dollars. Here is how to count every layer — including the one nobody itemizes.