Re: Rebalance 401k Investments?

On Fri, 14 Mar 2008 04:25:27 -0500, bucky3 <bucky3@[EMAIL PROTECTED]
> wrote:


>That's a valid concern. However, rebalancing a ****tfolio from time to
>time (e.g. every year) is solid long term investment advice. Instead
>of thinking "selling winner and buying losers," think "selling
>overvalued and buying undervalued."

I think it's im****tant to remember that the investment advice we see
here and elsewhere is opinion - and that there's nothing that all of
us agree with.  

The above is opinion.  My opinion is that the idea that everyone
should occasionally rebalance is hogwash.  Good stocks should perform
well, and good performance does not necessarily mean that the stock
(or stock fund) is "overvalued".  And it certainly doesn't mean we
should sell good performers just because they are good performers.

My uncle gave me some of the best advice (my opinion again) that I
ever heard: Unless you need the money and can't get it elsewhere,
don't ever sell good stocks or good land.

(Caveat: The above assumes the investor is diversified to the extent
he/she is comfortable and has adequate cash reserves.)




-HW "Skip" Weldon
 Columbia, SC

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