One comment on “Financial Procrastination

  1. Unclaimed property laws might be somewhat similar to your footnoted idea. In California financial institutions must report on inactive accounts once a year and after three years they are turned over to the state. They can be reclaimed by the owner but I’m not sure in what form. Affirmation of investment strategy could serve to qualify account as active. http://www.sco.ca.gov/upd_faq_about_q01.html

    There’s a lighter version of your Rebalancing Day idea, which just involves lots of advertising, jawboning, volunteer consultations, etc., with no requirement for institutions to participate.

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