Discipline first: a rebalanced portfolio of assets could keep it resilient in the face of market turbulence
· livemint.com
Investor nerves are being tested by India’s turbulent equity market, but it is important to keep emotional impulses in check. To emerge better off from today’s flux, investors need to practise what has long been preached—discipline. Here’s what that means.
First, rebalance with intent, not emotion. Drawdowns are when allocation discipline matters the most. Rebalancing is among the least glamorous disciplines in in...