I'm an undergrad with no income besides a bit of monthly pocket money from family that gets fully spent. I have a small investment portfolio (~US$20,000) that I've been growing over the years.
Since I'm a few years away from any form of income, I have been thinking about tapping on Interactive Brokers' margin to automatically rebalance my portfolio on a weekly basis (frequency depends on transaction costs) using the Kelly criterion.
Besides obviously taking on the additional risk, is this in any way foolish on my part?
original posted by vajraadhvan to r/personalfinance on Sat, 02 Mar 2024 11:36:46 GMT.