The Big Rally in Equities: What to do now

Rebalance your portfolio and consolidate some gains by all means. But trying to time the market's next downturn is foolish.  If you're a Rip Van Winkle investor (www.RVWInvesting.com)  and a strategic equity holder, simply stay the course and resist following the crowds.

Portfolio rebalancing is the process of bringing the different asset classes back into proper relationship following a significant change in one or more.

More simply stated, it is returning your portfolio to the proper mix of stocks, bonds and cash when they no longer conform to your plan. Click on "Full Article" for the whole story...