There are hundreds of ways you can retool your skill set. You can do it by going after a college education, a trade education, or self-education. You… - Tony Robbins

Asset management fees, 12b-1 fees/marketing fees, trading costs (brokerage commissions, spread costs, market impact costs), soft-dollar costs, redemption fees, account fees, purchase fees, record-keeping fees, plan administrative fees, and on and on.

The rules of rebalancing don’t guarantee you’re going to win every time. But rebalancing means you’re going to win more often. It increases your probabilities of success. And probabilities through time are what dominate the success or failure of your investment life.

A pivot is what Silicon Valley calls it when you go from one business to another, usually after a colossal failure. If you’re reading this