Discipline first: a rebalanced portfolio of assets could keep it resilient in the face of market turbulence
First, rebalance with intent, not emotion. Drawdowns are when allocation discipline matters the most. Rebalancing is among the least glamorous disciplines in investing. It involves selling what has done well and buying what has not. In a bull run, it feels like leaving money on the table. In a correction, it could feel like catching a falling knife. Neither feeling is accurate.
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