It’s just a hedge for if you’re risk-averse or if you’re worried that market fluctuations will negatively influence your behavior about when to rebalance or invest. Here’s a Vanguard study comparing the two historically if you’re curious.
It’s just a hedge for if you’re risk-averse or if you’re worried that market fluctuations will negatively influence your behavior about when to rebalance or invest. Here’s a Vanguard study comparing the two historically if you’re curious.