Rebalancing Quotes

In investing, you get what you don't pay for. Costs matter. So intelligent investors will use low-cost index funds to build a diversified portfolio of stocks and bonds, and they will stay the course. And they won't be foolish enough to think that they can consistently outsmart the market.

People do dollar cost averaging because they have regret of making one big mistake. But the fact of the matter is that, mathematically, the market rises more of the time than it falls. It falls, but it rises more of the time than it falls.

Because revenge is a very known feeling in American culture, there's a certain element of an eye for an eye. There's the saying, 'Be careful what you wish for, you might get it.' When you wish for revenge, and you think you've gotten it, what happens then? Revenge is just a really good drive for drama and good action.

The thing to do with mutual funds is to buy a couple of decent ones, set up an investment plan and then never, ever think about them again, except maybe once a quarter or so when you take a peek at your statements to make sure that you have not accidentally been buying the Fidelity Peace-in-the-Middle-East fund.

You, your employer and your plan's investment managers fail to follow even the most basic rules of investing. You overtrade, chase performance, do not think long term. All of you - All Of You - have done a horrible job managing your retirement plans.

Regardless of what happens in the markets, stick to your investment program. Changing your strategy at the wrong time can be the single most devastating mistake you can make as an investor.

The revolt against any oppression usually goes to an opposite extreme for a time; and that is right and necessary.

The world is wrong side up. It needs to be turned upside down in order to be right side up.

With actively managed funds, people have big behavior problems. With funds that have done well, they put their money in, and when it has done bad, they want to take it out.

I make the necessary "corrections" if I find myself leaning too far in one direction.

When karma lands, it lands hard.

Never underrate the importance of asset allocation.

Invest as efficiently as you can, using low-cost funds that can be bought and held for a lifetime.

Healing is making whole, restoring a state of perfection and balance that has been lost.

If you can predict where the market's going, just do what you can predict. If you can't, which is the presumption of dollar cost averaging or time cost averaging, either one, then you're trying to ease in. But if the market rises more than it falls most of the time, easing in is, by definition, a loser's game.

Since we try and take a fairly buy-and-hold approach to our newsletter portfolios and don't sell at every whipsaw, we want to have a mix of stocks that will perform at both ends of the oscillation.

I think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.

The beauty of periodic rebalancing is that it forces you to base your investing decisions on a simple, objective standard.

As in nature, so in politics: Every action has a reaction.

We are willing to consider any rebalancing as long as it's through trade expansion, not through trade restriction. As long as it's about how can we buy more from each other, we're willing to work that way.

I'm confident that America's foreign policy rebalance to the region will endure beyond my presidency because it's in the national interest of the United States.

I think what is happening is I think first of all there is confidence in the U.K. economy. We're in a German rather than a Greek position in international financial markets, which is very positive and keeps our debt service costs down, and we're also beginning to see real evidence of rebalancing.

Active investment is a zero-sum game. Passive managers don't play the game. They buy something resembling the market as a whole, or some segment of the market, and they don't respond to the actions of active managers.

Market timing, by the way, is a tag some buy-and-hold investors use to put down anything that involves using your brain. These are the same people who like to watch the locomotive coming and get run down in the name of discipline.

We make too much out of past performance, and it's very misleading to investors. It causes them to move money around. They buy a fund that's hot and then it turns cold as all hot funds eventually do. And then they get out. Well, buying at the high and selling at the low isn't going to leave you a satisfied shareholder, right?