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A Shift With A Heartbreaking Outcome
- Jim shares a recent emergency shift story treating a 17-week pregnant patient whose water broke and the outcome was tragic.
- He uses the example to thank clinicians for caring during patients' worst days.
Avoid Market-Timing Mentality
- Chasing a separate "recession-proof" portfolio tempts dangerous market-timing moves.
- A static allocation with annual rebalancing forces you to buy low and removes timing bets.
Rebalance Annually And Buy The Loser
- Rebalance your static asset allocation about once per year and buy the asset class that fell.
- Use rebalancing as a disciplined way to buy low without predicting market direction.