Tbh I never understood how this rule is supposed to work. Does it have to be coupled with some kind of strict envelope budgeting system? Otherwise I can see myself coming to a coop at the end of the month and like, “all this food looks nice, but I’m out of money, so will skip for now”.
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How do you people manage the fact that USD is devaluating with the autoinvest function in IBKR?
I always wire the same in CHF, and always invest the same in USD, which means basically I am investing less and less each month.
Do you go from time to time to buy VT manually?
It takes like 5 seconds to adjust the USD value in the recurring investments. Just do that occasionally. You can then also overcompensate a little if you accumulate USD.
Yeah, it’s annoying. Even when adjusting the USD amount hours before market close, I constantly get an “insufficient funds” error, even though my CHF cash position is more than enough to cover the specified USD amount and any fees.
The rule CHF → USD minus 1% doesn’t always seem to work either
It would be great to be able to simply set the investment amount in the base currency (minus fees).