12. Rebalance Your Portfolio Periodically
The worst thing you can do to your portfolio is to allow it to do its own thing without periodical check-ups.
The first thing you should do is make sure your investments align with your goals and risk tolerance, which may change over time. Rebalancing your portfolio will ensure that you’re on track even if the market’s volatility has skewed your allocations.
If your plan offers auto-rebalancing, it might be worth a little investigation on your part! The more options available to you the better.
Just remember, having a mix of assets will ensure more safety in the long run!
