#24 - When to make changes to your portfolio

We unpack why most portfolios don’t need frequent changes and how a clear purpose, time horizon, and risk preference do the heavy lifting. We trade “performance reviews” for plan reviews, walk through rebalancing and tax tactics, and explain how to ignore scary headlines and shiny objects.

• setting allocation by purpose, time horizon, and risk
• why daily market moves rarely justify changes
• when not to act at all-time highs or during drops
• the trap of performance chasing and survivorship bias
• practical rebalancing cadence and thresholds
• rebalancing with contributions and withdrawals
• tax loss harvesting limits and wash sale rules
• direct indexing complexity and future tax overhang
• donating appreciated stock to boost tax efficiency
• plan reviews over portfolio performance check-ins