A better approach is to set a long - term target asset mix: a balanced portfolio might include equal amounts of bonds, Canadian stocks and foreign stocks. (moneysense.ca)
It is always important to review this regularly with your advisor, especially during volatile markets, and rebalance to return to your target asset mix if it has shifted materially. (leithwheeler.com)
It would be wonderful if someone would build a family of balanced mutual funds that simply held four or five broadly diversified, super-cheap ETFs and stuck to a target asset mix with no tactical moves. (moneysense.ca)