This is forked from the thread on salary progression.
Generally on time requirements:
I would say that I probably need to spend 1-2 hours per week on managing my portfolio. I’ll elaborate below.
I probably do spend about 10 hours per week on (mostly) watching my portfolio. I’ll elaborate below.
Time requirements on the axis of minimum time needed:
Probably close to 1-2 hours per week if I wanted to? I would move my entire portfolio from Swissquote to IBKR (or any broker with the capability) and I would just switch on autopilot which would mean re-investing all returns from any issue into the issue itself (DRIP. Dividend ReInvestment Plan).
I might do this in a few years when passive income is just abundant and I won’t care about further optimizing.
At this point in time, I still feel I can allocate capital (gained from returns) better than the market and choose further investments actively. Hence …
Time requirements on the axis of time actually allocated:
Usually about an hour or two per day (including weekends).
I don’t spend all the cash flow coming in and I feel I still have an edge at allocating it better than just putting it into the market or DRIPing (as described above).
I therefore spend multiple hours looking at various sources (a paid Webinar, YouTube channels, even Twitter) looking to seek out potential new investment candidates.
This is more of a hobby than a requirement, so could easily be trimmed down.
Regarding “pay day nearly everyday”:
That’s a great observation. In fact, what brought me to my current strategy of investing was the “Zahltagsstrategie” by Nils Gajowyi, a strategy that aim at generating income in a pay day like manner.
Regarding “watching the portfolio” …
Here’s the thing I would add, and it’s somewhat orthogonal to the specific strategy that you might pursue (it is certainly orthogonal to the one I am pursuing):
Personal experience actually matters. It is different to have bought or sold something out of serious personal conviction than if you bought or sold based on following guru X on pick Y.
It is hence (for me) also personally beneficial to spend 10 instead of 2 hours per week on this: I get real time feedback on choices I make, and it informs my brains somewhat realtime, even if it influences my investment decisions only weeks and months down the road, ideally after having simmered for a while.