ETF Index Investing Course
15. How to Buy ETFs With and Without Rebalancing
Don't have Excel?
You can also open and edit any spreadsheets using Google Sheets for free. Here's the link for more info on Google Sheets:
If you run into any problems and need help then just let me know in the comments section at the bottom of this page.
I got a great question from Kim asking about how to modify the spreadsheet if you wish to hold more than 5 ETFs.
To accomodate this, I created a new spreadsheet with placeholders where you can insert many more ETFs if you wish. The link is below:
I'll personally keep using the original spreadsheet as I prefer just buying 4-5 ETFs per month, so definitely use the original spreadsheet too if that is your approach.
Of course, there are some good asset allocations out there that hold many more than 5 ETFs. If you wish to learn more about them, you can check out the book: Global Asset Allocation: A Survey of the World’s Top Asset Allocation Strategies.
Also, Canadian MoneySaver Magazine publishes their ETF portfolio too which consists of more than just 5 ETFs.
I'm personally sticking to my 4-5 ETF portfolio since the returns are very similar and it's more convenient and less administrative. Yet, you might be able to squeeze slightly larger returns by some of these even more diverse portfolios (like the ones shown in the book which summarizes the most popular ones). Just make sure that you don't stop investing as often because it's too labour intensive to buy a 9 ETFs every month for example. In other words, don't get lazy. 🙂