To Rebalance or Not? The Moment of Truth [View article]
David - I posted a response. I think his attack is based upon a the theory that a portfolio's amount is "fixed." Frankly I enjoyed your ideas more in your ETF Guide where you use rebalancing to "lean" in and out of allocations based upon an investment thesis for the particular asset class.
To Rebalance or Not? The Moment of Truth [View article]