Investing
Rebalancing
Periodically adjusting your portfolio back to your target mix of equity and debt.
Over time, winners grow and drift your portfolio away from your target split. Rebalancing sells a bit of what grew and buys what lagged.
It forces you to book profits high and buy low, automatically and without emotion.
Doing it once a year, or when your mix drifts more than 5-10%, is plenty for most people.
For example
If a strong equity year pushes your 70:30 mix to 80:20, you sell some equity and add to debt to reset back to 70:30.