Funny about Money

The only thing necessary for the triumph of evil is for good men to do nothing. ―Edmund Burke

Managing Your Money: Check Out This App!

Alex Moreno is a member of the Phoenix FinCon local. He’s created a cool app, called Balance My Portfolio to help keep your investment portfolio balanced in a timely and efficient way.

The idea of systematic rebalancing, he says, is “to bring your allocation back in line with your risk tolerance.” The app works toward this goal, and it also helps you to buy low and sell high. “When one asset class has gained more than another,” he explains, “this app tells you to lock in some of the gains by selling high and moving the profits into the asset class that is at a discount.

Balance My Portfolio — check it out!

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