With the 2017 year well underway, New Year resolutions and portfolio rebalancing face common challenges.
Both spring from the best of intentions but both can also drift into the background as the urgency and demands of everyday life return after a lengthy holiday period.
For self-managed super funds (SMSFs), the more relaxed pace of life earlier in the year often presents the opportunity to review the fund’s portfolio and investment strategy.
Setting a fund’s asset allocation is arguably the most important decision SMSF trustees make.
At a time when there is heightened levels of uncertainty on the geopolitical stage, the value of rebalancing your portfolio periodically to keep it within appropriate risk ranges possibly takes on even more importance.
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