Balance Your Portfolio at the Click of a Button

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One of the most tedious tasks involved in managing a portfolio is having to make trades to maintain a balanced portfolio. Passiv’s core mission is to make it as easy as possible to manage your portfolio in a brokerage account, which we do by helping with cash allocation and rebalancing calculations. But you still had to manually make the trades… until now. Today, we are releasing One-click Trades as a key tool for Passiv Elite subscribers.

One-click Trades is a way to quickly synchronize your investment holdings with your target portfolio in Passiv. Instead of manually entering every order, you can just click a button to place several trades in series and bring your account into alignment instantly.

Whether you’re just getting started with investing on your own or have been doing so for years, this is truly an exciting time. The playing field is level and DIY investors no longer have to spend countless hours a year managing a portfolio. This gives rise to a new world of possibilities and cheaper retirement options, by making investing on your own a whole lot easier.

Want to build your own personal robo-advisor? You can do that with Passiv. After setting up your account, the only manual step is to click a button to rebalance when you have new cash in your account or when your portfolio drifts too far.

Old-fashioned robo-advisors do have a place for hands-off investors and have done a good job of justifying their fees. They are substantially cheaper than mutual funds and provide all the benefits of passive investing. However, the cheapest and most flexible option is to invest on your own and seek the help of fee-only advisors when needed.

Welcome to a new world where DIY investors can manage their portfolios on their own without having to rely on rebalancing spreadsheets and manual labour.

How can I start using One-click Trades?

One-click trades are available to all Passiv Elite subscribers. To become an Elite subscriber visit your Settings page and upgrade to Elite. Once you’ve upgraded, you will need to grant Passiv permission to place orders. To do this, follow the path below.

Click on Settings in the sidebar > scroll down to the Connections box > click on Add Another Connection > in the dropdown menu, choose trading access > re-authorize your account.

Done! Now Passiv won’t just calculate trades for you, but you’ll also see a “Validate” button appear when there are trades to be made. Simply click on Validate and Confirm and Passiv will execute your orders — giving you extra time for whatever you value most.

Want to see how it works? Check out this short video.

First published on May 24, 2018.