2 “expert” suggestions in a rising share market — one good, one bad

The good one: Rebalancing
  • What is it?
  • Why it can be hard psychologically
  • How to rebalance
The bad one: Get out of passive (or index) funds
  • Who does the research?
  • NZ in last year’s small downturn
  • US in two market crashes
  • Conclusion — stick with passive

Mary Holm is a freelance journalist, a director of Financial Services Complaints Ltd (FSCL), a seminar presenter and a bestselling author on personal finance. From 2011 to 2019 she was a founding director of the Financial Markets Authority. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it.