The effort required for maintenance depends on the portfolio, it varies from 5 minutes a month to 15 minutes a day. When choosing a portfolio, consider the frequency and complexity of rebalancing. We offer portfolios on monthly, weekly, or daily schedules, and this is always listed in the summary at the top of each portfolio:
Example of TuringTrader's Round Robin:
The complexity ranges from just two assets to ten or more assets. It is vital to pick a portfolio that matches your lifestyle. If you cannot commit to the portfolio's required rebalancing schedule, you should better choose a different portfolio because investing with TuringTrader requires discipline. To closely track the backtested results, it is essential to adhere to the rebalancing schedule. While a monthly schedule allows for some flexibility, portfolios with a weekly or daily schedule are less forgiving of delays.
As a rule of thumb, you can assume that you might need five minutes to open your browser and trading platforms and no more than two minutes per asset. For most portfolios, rebalancing should take 15 minutes or less. It is also worth noting that even portfolios rebalancing on a daily schedule will most likely have many days with little or no change.