Portfolio Rebalancing

Well, it's that time of year again! Time to rebalance our portfolio. When I rebalance, I follow these tips (from The Wall Street Journal):

1. Lighten up on longtime winners like small stocks, gold shares and real-estate investment trusts.
2. Make sure you have a full weighting of growth stocks, mid caps and international shares -- and don't be too quick to trim your positions if they roar ahead.
3. Save on commission costs and capital-gains taxes by rebalancing with no-load funds inside your retirement account.