Rebalanced out from EM and PME
Emerging markets equity and PME (precious metal equity) have performed well since the beginning of the year. From the dip in March to the present, they have each gained about 15%.
In March, I took the opportunity to add more of emerging markets equity and PME on the dip. Last Friday, I made the reverse step to rebalance out of emerging markets equity and PME (VGPMX) since they had already exceeded their allocated weight in my portfolio. These transactions involved no taxes (tax-deferred accounts) and no transaction fees. The money was re-invested into my fixed income allocation.
Stumble it!
