https://ledgertouch.com/blog/portfolio-risk/trending-markets-calendar-rebalancing-tolerance-bands LedgerTouch Intelligence en 2026-08-05T20:11:32.055Z Trending Markets: Why the Calendar Beat the Band https://ledgertouch.com/blog/portfolio-risk/small-bitcoin-allocation-60-40-evidence LedgerTouch Intelligence en 2026-08-05T20:10:32.055Z Bitcoin at 1-5% of a 60/40: 0.6 to 3.2 Points a Year https://ledgertouch.com/blog/planning-and-costs/retirement-underspending-wealth-death-evidence LedgerTouch Intelligence en 2026-08-05T20:09:32.055Z Underspending in Retirement: Dying With Too Much https://ledgertouch.com/blog/planning-and-costs/retirement-spending-multiple-arithmetic LedgerTouch Intelligence en 2026-08-05T20:08:32.055Z 25x or 30x? The Arithmetic of a Retirement Number https://ledgertouch.com/blog/portfolio-risk/rebalancing-bonus-size-source-evidence LedgerTouch Intelligence en 2026-08-05T20:07:32.055Z The Rebalancing Bonus Is Real, but Smaller Than You Think https://ledgertouch.com/blog/portfolio-risk/position-sizing-total-loss-kelly-fraction LedgerTouch Intelligence en 2026-08-05T20:06:32.055Z Position Sizing When an Asset Can Go to Zero https://ledgertouch.com/blog/portfolio-risk/portfolio-checking-frequency-myopic-loss-aversion LedgerTouch Intelligence en 2026-08-05T20:05:32.055Z Checking Your Portfolio Daily: What It Costs https://ledgertouch.com/blog/markets/physical-gold-etcs-miners-three-exposures LedgerTouch Intelligence en 2026-08-05T20:04:32.055Z Bullion, ETCs or Miners: Three Different Gold Exposures https://ledgertouch.com/blog/portfolio-risk/performance-chasing-fund-flows-subsequent-returns LedgerTouch Intelligence en 2026-08-05T20:03:32.055Z Performance Chasing: What Happens After Money Arrives https://ledgertouch.com/blog/portfolio-risk/overconfidence-turnover-trading-cost LedgerTouch Intelligence en 2026-08-05T20:02:32.055Z Overconfidence and Turnover: The Cost of Trading More https://ledgertouch.com/blog/portfolio-risk/lump-sum-vs-cost-averaging-evidence LedgerTouch Intelligence en 2026-08-05T20:01:32.055Z Lump Sum vs Cost Averaging: What 46 Years Show https://ledgertouch.com/blog/portfolio-risk/loss-recovery-asymmetry-real-drawdowns LedgerTouch Intelligence en 2026-08-05T20:00:32.055Z A 50% Loss Needs 100%: The Recovery Arithmetic https://ledgertouch.com/blog/portfolio-risk/loss-aversion-coefficient-evidence LedgerTouch Intelligence en 2026-08-05T19:59:32.055Z Loss Aversion: Where the 2x Figure Comes From https://ledgertouch.com/blog/markets/institutional-crypto-allocation-household-constraints LedgerTouch Intelligence en 2026-08-05T19:58:32.055Z Harvard's Crypto Stake: 21% of a 13F, 0.8% of Assets https://ledgertouch.com/blog/markets/gold-record-high-entry-timing-strategic-weight LedgerTouch Intelligence en 2026-08-05T19:57:32.055Z Gold at a Record: Entry Timing vs a Strategic Weight https://ledgertouch.com/blog/planning-and-costs/fx-charges-platform-fees-withholding-tax LedgerTouch Intelligence en 2026-08-05T19:56:32.055Z 0.99% FX, 0.35% Custody, 15% Withheld: the Real Toll https://ledgertouch.com/blog/planning-and-costs/fragile-decade-retirement-sequence-concentration LedgerTouch Intelligence en 2026-08-05T19:55:32.055Z The Fragile Decade: 77% of Your Withdrawal Rate https://ledgertouch.com/blog/portfolio-risk/five-asset-portfolio-risk-contribution LedgerTouch Intelligence en 2026-08-05T19:54:32.055Z The Five-Asset Portfolio: Where the Risk Actually Sits https://ledgertouch.com/blog/planning-and-costs/expense-ratio-spreads-turnover-cash-drag LedgerTouch Intelligence en 2026-08-05T19:53:32.055Z 0.10% Fee, 0.19% Shortfall: Costs Beyond the Ratio https://ledgertouch.com/blog/portfolio-risk/equity-allocation-crash-depth-recovery LedgerTouch Intelligence en 2026-08-05T19:52:32.055Z 60/40, 80/20, 100% Equity: Crash Depth and Recovery https://ledgertouch.com/blog/portfolio-risk/employer-stock-concentration-diversification-schedule LedgerTouch Intelligence en 2026-08-05T19:51:32.055Z Concentrated in Employer Stock: a Decision Framework https://ledgertouch.com/blog/planning-and-costs/emergency-fund-placement-liquidity-yield-risk LedgerTouch Intelligence en 2026-08-05T19:50:32.055Z Where Emergency Cash Sits: Liquidity, Yield and Risk https://ledgertouch.com/blog/planning-and-costs/emergency-fund-partly-invested-evidence LedgerTouch Intelligence en 2026-08-05T19:49:32.055Z Should Part of an Emergency Fund Be Invested? https://ledgertouch.com/blog/portfolio-risk/diversification-stock-count-return-skewness LedgerTouch Intelligence en 2026-08-05T19:48:32.055Z How Many Stocks Is Diversified? 30 Isn't the Answer https://ledgertouch.com/blog/portfolio-risk/disposition-effect-selling-winners-holding-losers LedgerTouch Intelligence en 2026-08-05T19:47:32.055Z Selling Winners, Holding Losers: The Disposition Effect https://ledgertouch.com/blog/portfolio-risk/dip-buying-rule-versus-monthly-contributions LedgerTouch Intelligence en 2026-08-05T19:46:32.055Z Buying Dips vs Monthly Investing: 100 Years Tested https://ledgertouch.com/blog/markets/debasement-trade-gold-bitcoin-fiscal-hedge LedgerTouch Intelligence en 2026-08-05T19:45:32.055Z The Debasement Trade: Gold Rose 67%, Bitcoin Fell 6% https://ledgertouch.com/blog/portfolio-risk/currency-hedging-equity-bond-hedge-ratios LedgerTouch Intelligence en 2026-08-05T19:44:32.055Z Hedging Bonds Halved Volatility. Equities: It Depends https://ledgertouch.com/blog/portfolio-risk/crypto-sleeve-rebalancing-tolerance-bands LedgerTouch Intelligence en 2026-08-05T19:43:32.055Z Crypto Rebalancing: 516 Trades From One 5% Band https://ledgertouch.com/blog/portfolio-risk/correlation-instability-estimation-regime-shifts LedgerTouch Intelligence en 2026-08-05T19:42:32.055Z Correlation Is a Fair-Weather Friend https://ledgertouch.com/blog/portfolio-risk/core-satellite-sizing-tracking-error-budget LedgerTouch Intelligence en 2026-08-05T19:41:32.055Z Sizing a Satellite: When It Starts Running the Plan https://ledgertouch.com/blog/planning-and-costs/contributions-versus-returns-balance-crossover LedgerTouch Intelligence en 2026-08-05T19:40:32.055Z When Returns Overtake Contributions: Year 16 at 5% https://ledgertouch.com/blog/portfolio-risk/contribution-rebalancing-portfolio-size-crossover LedgerTouch Intelligence en 2026-08-05T19:39:32.055Z Rebalancing With Contributions: Where It Stops Working https://ledgertouch.com/blog/markets/central-bank-gold-buying-official-sector-motives LedgerTouch Intelligence en 2026-08-05T19:38:32.055Z Central Banks Bought 863 Tonnes. It Wasn't a Record. https://ledgertouch.com/blog/portfolio-risk/cash-dry-powder-portfolio-drag LedgerTouch Intelligence en 2026-08-05T19:37:32.055Z Dry Powder or Drag? What Portfolio Cash Really Costs https://ledgertouch.com/blog/planning-and-costs/cash-buckets-versus-total-return-drawdown LedgerTouch Intelligence en 2026-08-05T19:36:32.055Z Do Cash Buckets Work? 21 Countries, 115 Years https://ledgertouch.com/blog/markets/bitcoin-spot-etf-volatility-drawdown-correlation LedgerTouch Intelligence en 2026-08-05T19:35:32.055Z Bitcoin After the ETFs: Volatility Fell, Correlation Didn't https://ledgertouch.com/blog/markets/bitcoin-digital-gold-correlation-record LedgerTouch Intelligence en 2026-08-05T19:34:32.055Z Is Bitcoin Digital Gold? The Correlation Record https://ledgertouch.com/blog/portfolio-risk/100-minus-age-rule-glide-path-evidence LedgerTouch Intelligence en 2026-08-05T19:33:32.055Z 100 Minus Age: The Rule vs Real Glide Paths