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re: Setting up automatic investing contributions in trading account

Posted on 3/13/21 at 1:53 pm to
Posted by buckeye_vol
Member since Jul 2014
35255 posts
Posted on 3/13/21 at 1:53 pm to
I’m not sure if this is exactly what you’re looking for, but one of the brokerages I use is M1 Finance, because you can create “pies” and set a percentage allocation, and every time you fund it (I do it every Monday) it targets that specific allocation (they call it dynamic rebalancing) you set automatically.
Posted by lynxcat
Member since Jan 2008
24267 posts
Posted on 3/13/21 at 2:07 pm to
Helpful responses, thanks everyone. I’ve generally read that ETFs are a bit more tax efficient than mutual funds for taxable account holdings so my bias is to be able to use those. The Schwab AIP process for mutual funds seems to hit the mark as a possible solution (just not with ETFs).
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