Kathleen

70%
Flag icon
The table shows that the volatility of the market value of the portfolio was markedly reduced by the rebalancing strategy. Moreover, rebalancing improved the average annual portfolio return. Without rebalancing, the portfolio returned 8.14 percent over the period. Rebalancing improved the annual rate of return to 8.41 percent with less volatility.
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
Rate this book
Clear rating