When funding our Interactive Brokers (IBKR) account, we send money abroad, incurring international bank transfer fees. These fees vary from bank to bank, with certain banks charging noticeably lower fees.
The registration process is fast and straightforward. We will show you how to create a new account in this tutorial. We will also show you how to choose a report and add it to “Favourite reports” so that you get notified every time you should rebalance your portfolio.
The main topics of the article are why we are borrowing funds to implement this strategy and how we can calculate the amount of money we are going to borrow.
The purpose of this update was to reduce the brokerage fees and also to improve rebalanced portfolio’s overall performance.
With the year 2021 behind us comes the time for balancing. For the U.S. stock market, it was again a time of incredible growth, when indices have reached all-time highs.