by Tom Bradley

"A perfect allocation is the enemy of good allocation. There’s no such thing as a perfect portfolio, rebalancing interval, tax deferral strategy or investment mix. The perfect allocation will only be known in hindsight. In the grand scheme of things, it won’t matter much if you have 5% or 10% in a certain fund or asset class. Half the battle is having a plan in the first place."

This quote is from Ben Carlson’s February 12, 2017, blog post (my emphasis added).