Q: Hello 5i,
I was wondering what your thoughts were on rebalancing. I am thinking of selling some emera, which I have too much of, and buying pbh, of which, I need more. The problem is that when I look at Emera and notice that the year high is close to $48 and the current price is near $41 and I figure I will have lost the potential of about $4000 on this sale. That is, if I wait for it to go back up again. But, of course we all know that it may not go back up again. Also, PBH may actually grow faster than Emera and so I may have a better chance of recouping my money on it than on Emera. I don't imagine that you go through all of these permutations of thought when you are thinking of rebalancing. I am thinking that your advise would be just to sell it now, if I need to rebalance. Would this be your advice?
thanks as always for the great service
I was wondering what your thoughts were on rebalancing. I am thinking of selling some emera, which I have too much of, and buying pbh, of which, I need more. The problem is that when I look at Emera and notice that the year high is close to $48 and the current price is near $41 and I figure I will have lost the potential of about $4000 on this sale. That is, if I wait for it to go back up again. But, of course we all know that it may not go back up again. Also, PBH may actually grow faster than Emera and so I may have a better chance of recouping my money on it than on Emera. I don't imagine that you go through all of these permutations of thought when you are thinking of rebalancing. I am thinking that your advise would be just to sell it now, if I need to rebalance. Would this be your advice?
thanks as always for the great service