How to Rebalance Your Portfolio at M1 Finance
How to Invest at M1 Finance Using a Portfolio Recipe
1. Get your Portfolio's new allocation
Log in at go.recipeinvesting.com/login to get new Portfolio Recipe allocation that you will use for the upcoming month.
2. Find your Portfolio Recipe's ingredients for the upcoming month
After you have logged in to go.recipeinvesting.com, go to the Portfolio Recipe Summary Page, and click the name of your Portfolio Recipe in the "Recipe Name" column to open the detail page.
Scroll down to the "How to Invest" section and find "Recipe ingredients (for FolioInvesting.com)"
This will show the tickers for the ETF ingredients used in this Portfolio Recipe. You will also see the percentage allocation for each ETF.
For example, an old allocation of t.aaaf:
- DBC="22.94%," EFA="0.31%," IWM="0.13%," IYR="7.37%," SPY="69.25%"
Enter the email address you used to sign up, enter your password, and click “Log In”
If enabled, enter your two-factor authentication code and click “Submit”
4. Reallocate your pie
By default, M1 Finance will evenly divide the allocation of each “slice” of your pies. To rebalance the pie into the fractions you want, follow the steps below:
If you are not already there, navigate to: Research > My Pies > [Name of Pie]
On the left-hand side of the screen, select the text box containing the percent (%) sign
Enter the new percent value as described on the Recipe’s allocation page (e.g., DBC=22.94%)
Since M1 Finance only accepts whole number percentages, you may need to round the number up or down (e.g., DBC=23%)
Once you have modified the percentages for each ingredient that requires it, M1 will ensure that your portfolio adds to an even 100% (because of the rounding required to achieve whole numbers, you may need to adjust the percentages slightly to achieve a sum of 100%)
When you are finished, click “Save”
M1 may present you with a summary of your changes and ask you to confirm that you would like to go through with them
5. Track your progress and rebalance monthlyYou can now simply track your portfolio's progress in your brokerage account. If you are using a tactical (t.) Portfolio Recipe, you will need to rebalance your portfolio at the beginning of the next month. The list of new ingredients and allocations is published for each Portfolio Recipe on the first trading day of each calendar month. Access these by logging in at go.recipeinvesting.com/login.