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Thank you for that clear and candid answer.
Looks like a reasonable manual excel exercise and then some tedious trade execution for landlubbers like myself using Vanguard, for example, rather than a fancy fast trading tool.
More questions! Let’s say I’ve picked a strategy, which unfortunately would likely have started (had I gotten this far 2 months ago) with the Bond ETF Rotation Strategy, because I’m conservative. Clearly that strategy in hindsight is one to avoid though, but that’s a discussion for another thread. So let’s say I pick Dow 30: I see where it has 6 stocks/ETFs currently listed (well, not current since I’m not paying but assume I am paying so I see the current list) with allocations associated with each stock/etf. Great, I start with that.
Question 1: What is the maximum frequency at which this strategies current stocks/ETFs and associated allocations might change – is that monthly? If so – last day of each month? Last Friday of each month?
Question 2: How are those changes presented to me as a paying subscriber? Do I get an email that basically just tells me to go look at the Strategy page where I manually look for changes? What is a typical change and what is a more “extreme change”? For example, current (well not current, again I’m not paying yet) allocation tells me: 36% GLD, 24% GSY, 10% JNJ, 10% MCD, 10% MRK, 10% VZ. After a month – am I likely to see something entirely different resulting in me having to sell all 6 and buy 6 new ones? Or is it always those 6 and all that will change is the allocation? If the latter, is my notification from LI going to tell me “move 5% from GLD to JNJ” or is that math up to me from looking at current allocations versus what I’m invested in? I’m trying to understand what the exercise of a true-up looks like basically.