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by WalterBright 2156 days ago
I never really understood the "rebalancing" thing. It requires selling your winners. One thing about winners - they tend to keep winning!

Some people call it "locking in your gains". I call it "minimizing your returns".

1 comments

That’s weird - I call it “letting it ride” and “never leaving a hot table.”

Gambling is a word used to describe anything beyond your own acceptable risk tolerance.

My definition is more mathematical:

gambling - where the odds are against you

investing - where the odds are in your favor