There are no specified timelines set for rebalancing a portfolio. However, it is recommended one reviews allocations at least once a year or if there are major market movements during the year.

 Rebalancing gives investors the opportunity to sell investments at a high and buy assets at a low providing gains over time.

 To minimize transaction costs and tax consequences, one can rebalance by adding new money when possible instead of liquidating existing assets.

Regular rebalancing imposes discipline and reduces risk ensuring that portfolio is aligned to the financial goals.