For your average index fund portfolio, rebalancing has been statistically proven to actually make investor returns lower. The value of rebalancing is in keeping

For your average index fund portfolio, rebalancing has been statistically proven to actually make investor returns lower. The value of rebalancing is in keeping your risk profile constant, not increasing your returns. By selling winners you lose exposure to one of the most persistent risk factors: momentum. Also, the value of the TLH services provided by Roboadvisors have been grossly over-stated and they have since backed off form their initial claims. Read this for more info: https://www.kitces.com/blog/evaluating-the-tax-deferral-and-tax-bracket-arbitrage-benefits-of-tax-loss-harvesting/ https://www.kitces.com/blog/evaluating-the-tax-deferral-and-...