What Is Rebalancing? | Erik Averill, Brandon Averill | AWM Insights #2

Welcome back to another edition of AWM Insights. With all the recent public market volatility, we've been highlighting the importance of our long-term investment strategy. Since 1928, there have been 24 bear markets. A unique trait they have all shared is that every one in U.S. history has then led to new all-time highs. However, while it's important to stay patient and stick to the plan - we also don't want to just "do nothing" during this time.  In this week's episode, Erik and Brandon begin their discussions on smart financial strategies that we utilize during these market downturns to add tremendous value to portfolios. First, we breakdown the value of Rebalancing and cover items such as:What is rebalancingWhy is it so valuable?When should you rebalance?What are the potential pitfalls?