re∙bal∙a∙pho∙bi∙a (noun) - the fear of rebalancing.

On the Vanguard blog this week, Colleen Jaconetti picked up on the Halloween theme with a piece about the fear of rebalancing. It’s a good read and re-enforces what we’ve been saying to clients over the last number of months.

In Colleen’s words: “We all fear making the wrong decision, and overcoming rebalaphobia is often as much an emotional challenge as it is an investment decision. However, on one decision I can feel 100% confident: Until the future is certain, diversification, asset allocation, and rebalancing will be the cornerstones of my portfolio.”