First Rebalance of my Hedgefundie Portfolio
I started my hedgefundie journey at around the end of May of this year. In his post Hedgefundie recommended rebalancing every 3 months or so because that seemed most optimum.
So it has been about 3 months and yesterday I decided to perform the rebalance. I started with about $5500 in a Roth IRA at Interactive Brokers and as of yesterday it has grown to $8042 with most of the growth coming from UPRO. TMF, surprisingly, didn’t change much. Doing some quick math I figured I needed to sell about $1227 of UPRO and put it in TMF.
The transactions were fairly easy. The sell was quick and I was able to buy TMF immediately afterwards. Interactive Brokers updated the account balances rapidly and the entire transaction took about 5 minutes after I did the rebalance calculation.
|Start on 5/24
|Amount on 9/3
|Amount after Rebalance on 9/3
Stay tuned for my next rebalance early next year!