Beginning of 2013. The year is not over yet. This is kind of crazy. Thats more than double you get in an average year. But those big gains have probably thrown your portfolio, assuming you have one, out of whack by making it too stock heavy. That can spell danger to you in the future if you do not rebalance soon. Lets say that youre an investor you want to take on a moderate level of risk, i base this on the idea that maybe youre 50 years old. This is geared for you. 60 this stocks and 40 in bonds. A real port tollio would break these off into further holdings and include alternatives, gold a precious metals. But lets assume that you started 2013 with a portfolio that looks Something Like this. Since january 1st, it has increased your stock to 66 of your portfolio, your bonds have shrunk to 40 , and its not what you intended it to be. This is now the portfolio of someone who takes more risks than you want to. We brought analysts and experts on the show to debate whether its time to get out or stay put in this bull market. Thats the wrong question. Its not an on off or switc or off switch. Its not binary. It should reflect your risk tolerance. Doing that you should achieve your investment goals over the long run. Now is the time to take a look at your portfolio, not the stock market, your portfolio and make sure that it meets the risk criteria that youve set for yourself and think about rebalancing now if it doesnt. Today on twitter and facebook have you balanced your investments as a result of the stock market run up . Jose says current market volatility means daily checks and tweaks. No one is safe until fundamentals come back. And pete says no need, im always set for bull market. Always high risk. Thats where you make money. And loss, too. A 10 drift in your Asset Allocation is a sure sign you need to consider rebalancing. Ryan, good to see you. That example i just showed. You thought your stocks from 60, they moved to 66. Thats a 10 move in your allocation. That should an signal. People would look at that and think, what a great year. When you talk about balancing your portfolio, over 90 is determined by how i couldnt how you allocate your assets. What are your risk tolerances and what are your specific Asset Allocation structure. There are a million places you can figure out your risk tolerance. There are books, website. Yes, go to google and look up Asset Allocation, you can find one for yourself. It will ask you a bunch of questions about where you should be allocated. Should you simply allocate because youre out of balance . I think people should allocate the way they d do it going to te dentist. Do it regularly. Before we put a dollar in the stock market, okay, im 50 years old, 55, 60, 90 stocks and 10 bonds are wondering when the stock market was down why did my stocks go away . Because they had too much risk. But if they do 50 stock and 50 bonds, ill stick to that. At the beautiful part about rebalancing is what it does we all heard buy low, sell high. Rebalancing does that. In your example you went up to 66 . That means the stocks are higher and that means you want to sell and buy things that are cheaper in your portfolio. Its a natural way to buy low sell high, as opposed to a lot of emotion, people say 66 stocks, i should buy more because were going higher. As traders were used to saying we love when the retailers come to the market because theyre last to the party. People get excited by names, but really most people should be involved in some version of a fund. Mutual funds. Index funds and Exchange Traded funds. Theyre all a little bit different. What do you suggest . I Love Exchange trader funds. A lot of questions i get asked is on can you buy the entire market . Yeah, you can buy spy which buys the entire s p 500. Or the entire dow jones divertty. Youll have the ultimate exposure and ultimate di die officersfication in your. And you can open a trade account, but youre traiting a basket. And its a beautiful thing. They dont have a portfolio manager. A lot of draw backs, theyre computer generated. Which means theyre inexpensive. But for a lot of individuals who want more risk, who say you know what, i like the way he was trading, i want his expertise, you dont have that, but you do get exposure to the market. As the market goes. People say china is going gang busters, that might have been a place you want to actively trade mutual funds because its a real manager. The beautiful thing about the traitor exchange funds. We just had twitter come out, a Great Exchange to trade media stocks. If you dont want to go with one particular stock in one particular industry, go to a broad portfolio. Theyve been around since the 70s, the trader funds have come along in the early 90s but they have accumulated the asset value, and they are the hot new thing on the industry. Ryan mack, well continue this discussion. Thank you. Obamacare enrollment numbers are in, and theyre pretty low. About 106,000 people signed up for Health Insurance in the first month. Thats roughly onefifth what the administration was hoping for. But there is still five months ago before open enrollment ends on march 31st. Meanwhile, ensurers have been canceling plans that dont meet the new law, that dont meet the mandates. That means higher costs. Former president bill clinton said those people should be allowed to keep their own plans even if it means changing the law, but experts say its not that simple. Theyre going to have to offer a plan that the Insurance Company may not want to continue to offer. Im not sure, some of this is happening because the Insurance Companies are saying these are no longer economically viable. I dont know how you tell the Insurance Industry you got to keep offering that same plan. House republicans are expected to vote on a bill that would allow people to keep their insurance plans if they like them. That adds pressure to the administration to fix the system and keep in mind this sort of bill is targeted at those who buy insurance on their own. I call them the selfinsured, and who earn too much for subsidies. They make up 2 to 3 of all americans. Most americans who get Health Insurance get it through their jobs. This economy is either sizzling hot or cooling down fast. Well get a birdseye view from one of the countrys foremost economist. You may want to make notes and make decisions based on what he said. And the engineer turned matchmaker how hes pairing todays programmer with tomorrows coders. Al Jazeera America. Introduces. America tonight. A fresh take on the stories that connect to you. Grounded. Real. Unconventional. An escape from the expected. vo Al Jazeera America we understand that every news story begins and ends with people. The efforts are focused on rescuing stranded residents. vo we pursue that story beyond the headline, past the spokesperson, to the streets. Thousands of riot Police Deployed across the capitol. vo we put all of our Global Resources behind every story. It is a scene of utter devastation. vo and follow it no matter where it leads, all the way to you. Al Jazeera America. Take a new look at news. Al Jazeera America is a straightforward news channel. Its the most exciting thing to happen to american journalism in decades. We believe in digging deep. Its unbiased, factbased, indepth journalism. You give them the facts, dispense with the fluff and get straight to the point. Im on the ground every day finding stories that matter to you. In new orleans. Seattle bureau. Washington. Detroit. Chicago. Nashville. Los angeles. San francisco. Al Jazeera America, take a new look at news. The stream is uniquely interactive television. In fact, we depend on you, your ideas, your concerns. All these folks are making a whole lot of money. You are one of the voices of this show. I think youve offended everyone with that kathy. Hold on, theres some room to offend people, im here. We have a right to know whats in our food and monsanto do not have the right to hide it from us. So join the conversation and make it your own. Watch the stream. And join the conversation online ajamstream. President obamas pick to lead the federal reserve, janet yellen, say its falling far short of its potential. Its designed to preempt lawmakers set to grill her over the monthly bond buying program. The feds purposes have kept Interest Rates down. Many expected the fed to pull back on its buying spree this fall, but a dimmer outlook thanks to stuff going on in washington, was cited as good enough reason not to do so now. The pull back will fall to the next fed chair who takes office in january. If confirmed yellen will be the first woman to head the fed. Corporate america often turns to Business Consultants for guidance and intelligence to boost their bottom line. Ihness s is one such consultan consultants. It counsels 400 companies that are on the fortune 500. He has a long career in Global Economic forecasting. He joins us now. Thank you for being with us. Let me can you this, were in this moment where if you are invested in homes, if youre invested in the stock market, if you have access to capital, you can borrow money cheaply. There hasnt been a better economy than this in a long time, yet i run into people, they tweet me all the time. Youre talking about a new recession, we havent gotten out of the old recession. I still cant find a job. When you look at the american economy, goodbad, hot, cold . Its luke warm. Its doing all right. Its better than other countries around the world, but its not where we want it to be. Thats part of yellens testimony tomorrow. Its not where we want it to be. The unemployment isnt down where we like to see it. Growth is not at 3, 3. 5 where we like to see. Its okay but not great. We do know the measure of gdp came in higher than we expected, but we also know that the fed is putting 85 billion into the economy every month. I mean, we agonize last year with the sequester of 80 billion in one year, and the fed is putting that much in the economy every month. What would the economy look like if we were not doing that . Well, if the fed went buying these massive amounts of bonds that its doing, 85 billion a month, the result would likely be much higher Mortgage Rates, and it would mean that the housing recovery which weve enjoyed in the last couple of years would not have happened. That would be bad news. I think in the end hopefully history will come to the conclusion that it was a good decision for all its problems and im not going to defend it to the hilt, but this balance kept longterm super rates including Mortgage Rates down, and its been good for the economy. For my viewer, its unusual, a 25 run in the stock market, i dont know what happens to that in the future, what happens to housing prices. Mortgage rates could go up. How do you plan for this . What should the average person be thinking in terms of their own Financial Planning for the next year . You know, i would certainly say that id be very surprise first degree the stock market rose another 25 over the next year. So it will probably plateau. I dont think its going to fall very much. I dont think valuations are that high relative to say, earnings or corporate profits. In essence im not worried about a bubble in the stock market. In terms of the economy as a whole i think the hope of the fed is that, in fact, what theyve done will keep this recovery going, will generate a selfsustaining recovery that will under pin whats going on in the stock market. Which is a good way of saying youre generally more optimistic than sum, especially those who think were headed to a recession or some who think were in a recession. Its true. There are a lot of people who gave up on the job market. The longterm Unemployment Rate is high by historical standards. By a lot of measures the jobs market hasnt done that well. Its better than it was three years ago, but its still not where we want it to be. For some tea people it still feels like a recession, but as a whole were recovering. Thanks to talk to us. The chief committee at ihs. Hes the matchmaker of the software world. His client are not looking for love, theyre looking for work. And its sort of like a dating service. Could you have two great people and they dont get along, thats fine. If they dont match with the first company, there are meant of others. And likewise, if you dont match with the first candidate, well bring you another candidate. This is real money with ali velshi. From our headquarters in new york, here top Software Programmers are a hot commodity. Goingy pays Software Developers 130,000 on average. And some Companies Offering 10,000 finders fees to employees who help recruit new software engineers. And thanks to a local tech mogul who matches employers with programmers who need to get a foot in the door. David shuster has the story. Reporter meet jim. Glassblowing artist, engineer, and businessman. He cofounded the Payment Company square with cofounder jack dorsey, and now hes also a matchmaker. We saw this huge need in st. Louis that were over a thousand job openings. We also at the same time knew people who had program ming kills skills who couldnt get these jobs. Reporter he started launch code, an initiative he funds himself. Were taking programmers and were placing them in jobs. And it uses peer programming where a programmer gets meshed with a working professional in the new business, and they Work Together as a team. He started launch code at the end of september. He invited local companies to apply and the response was overwhelming. So the Program Identified 100 small and Large Companies to participate in the initial first round of paired placements. I have a lot of connections with the start up community, and i knew they would be strong supporters every company we talked to said yes. Getting a decision out of monsanto in three months is amazing, we got a decision in three days. They need talented programmers, and theyre not getting them through the standard means. The standard means are traditional head hunters. Many Business Owners have specific programming needs that are not being medicine like food essentials, a company that aggregate s food label data information. It employees locally and is looking to fill three programming positions. A lot of our processes are java and we had a hard time finding programmers in java. You had to pay more than you could afford or go out of the community. They are selected based on code knowledge and go through an interview process before matched with potential companies. Once matched programmers are paid 15 an hour by their employer. Most have background in writing code. Adam harold grew up writing adventure programs. My dad showed me how to write q basic. He graduated in 2006 but chose a different career path. Um, ive been a professional poker player for the last seven years. He was returning to st. Louis from vancouver and looking to get back into programming when his father emailed him about this launch code, he applied and went in for an interview. Ive been out of the industry for awhile, and they said youre a good candidate. Someone with the kills but needs to get their foot in the door. Launch code and food essentials paired him up with a veteran programmer. One of the things that is really a pro in this programming is getting people who are smart guys and get them up to speed very fast in order to be able to produce Good Software so that the company can grow. Applicants span the age and experience game mitt with most being younger and unemployed like Keegan Meyers who was placed at a start up. I was places at 15 an hour, now im looking at things i wouldnt have imagined. Im looking into the possibility of either buying a car or getting my own apartment, moving out of my parents house. Jim said launch code goes beyond just an apprentice program. Its sort of like a dating service. Could you have two great people and they dont get along. Thats fine. If you dont match with the first company, there are plenty of others. And if you dont match with the first candidate, well bring you another candidate. For keegan, its been a life safer. Without launch code, without push up, without being where i am now, i really do not know what i would have been doing. I would be working some deadend job not using my tonights, not using mynot doing what i enjoy. David shuster, al jazeera. Adam harold, the former professional poker player was hired last weeks and makes 40,000 annually but gets stock options. Keegan was offered a job and will begin next week. Computer programmer jobs will grow 12 over the next decade. Thats great news. A talent agent with a waiting list of Tech Professionals who are waiting to have the agency represent them. Is that weird to you . That story you just saw . Im not familiar with that company but its not surprising at all. We as a nation and as an industry we need to desperately need to get more people in this field. The shortage works in you my favor but as an industry and as a country we need to train people. Its word because we talk about how good these jobs are, how much there is a talent shortage, why do they need agents . Because theres a lot of work coming at them. Theyre beating away work with a stick. Much like a talented musician, a famous musician has an agent to decide which deal and the best deal to create th the best deal. Youre helping them curate their officers, getting them exposed to ones they wouldnt know. And Career Development for strategy, longterm thinking around their goals for their future. Is there a biglets talk about who you represent. To what degree are these coders or programmers or software engineers. Theyre all the same. These are all