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"It's time to rebalance when your allocation strays too far from your long-term targets".
"Mais oui," I said, "as long as it comes out of your allocation".
If you were way overweighted in consumer cyclical stocks and in retailers, reduce your allocation there.
"Aboriginal people who live in the north-west and other parts of the state are deserved of your allocation, your allocation of the financial assistance grants, because we give it to West Australia to do that," Scullion said.
You also need to be sure your allocation is one your stomach is strong enough to handle.
"We're saying to clients 'We'd urge you to increase your allocation.' " But the rational argument is a hard sell.
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Make sure you are comfortable with your allocations, and take some measures to reduce downside risk.
If not, you may not be following the required tax rules and your allocations among partners may not be valid.
The process can be lightened even further by monitoring your allocations throughout the year and adding new savings to the areas where you're light.
Increase your allocations for the next quarter.
For example, last year's market spikes may have skewed your allocations as stocks likely outperformed bonds and other kinds of investments in your portfolio.
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Justyna Jupowicz-Kozak
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