▲ 4 r/M1Finance
Mode to set target percentages for recurring investments
It would be great if we could set target percentages for our recurring buys such that the dollars are allocated based upon those percentages rather than the portfolio target.
For example, if I’m investing $500 this week and my portfolio is 50-50 SPY and QQQ, I would like to invest $250 into each one right now if one of those is underweight it’ll invest more into that one, which can be undesirable for certain types of investors.
Right now, the only way to do this is to manually do the buy of each security and turn off the auto buy , but that defeats the purpose of having an automated investing platform.
This is pretty easy to set up on Robinhood. But I like the M1 UI more, as it always keeps risk exposure top of mind.
Thanks,
long time user
u/DJFluffyKitten — 8 days ago