I’m just doing it to smooth out the equity curve a little bit. It’s more of a mental thing than anything else and I agree with you about the backtesting. It’s more like a mental reset for me.

I haven’t done it in four years.

I will just be rebalancing inside portfolios not across them….I’m fairly happy with the allocations set to each portfolio….I think

I haven’t actually done the exercise myself, I was saving it up for post xmas , but my guess is that I will have the same result