70 - 30 : Do anyone of you here does a 70% in equity and 30% in debt and rebalances it continuously?

I read that in the USA people do follow this and pretty much beats the market simply if you keep rebalancing the portfolio every month.

When I mention rebalancing every month (its to decide whether do I invest current months amount in 70-30 ratio or if the market is up I will keep investing more into debt as the market is high now and if the market is down I will keep pushing more money in equity?).

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