Subject: Fidelity's "basket portfolio" featu
I'm trying out a feature Fidelity offers for $60/year, called "basket portfolios."

For MI investing, the benefit is that a basket of stocks can be purchased with defined percentages (of an overall basket buy-amount) for each position, and rebalanced periodically, with positions added and deleted, and holdings adjusted (bought or sold) up or down as necessary to bring the weights back to the original plan.

So if a position becomes over-weighted due to higher gains than the others, they are all brought back into the balance of weights you prescribe (which can be changed, or not, from the original weighting.) Or vice versa.

I see this as an easy way to keep tabs on how your strategies are doing, because each basket can be isolated, named for the MI screen you're using for that basket, and seen as a single line representing 5 or 10 or however many positions deep you are in a screen. Also, it is a way to simplify the rebalancing process.

The cost isn't material to my portfolio, as it stands now.

I haven't named any of them "the basket of deplorables," but I've been tempted, on a bad day for the market.