My Action Plan

My Action Plan

Your Action Plan is a comprehensive list of the trades you need to make to reallocate your portfolio according to the changes you proposed throughout Scottrade® Portfolio Review Tool. With your Action Plan, you can easily take control of your portfolio and make the trades that will align your portfolio with your investment strategy.

Buy Action

The transactions displayed under the Buy Action section of your page make up a list of the investment purchases you would have to make to match the portfolio allocation you created in your Action Plan Model. To completely match the portfolio allocation of your Action Plan Model, you'll also have to execute all the sell transactions displayed under the Sell Action section.

The Buy Action section displays the name of each security listed, the security's asset type and a full quote to help you evaluate the security's performance and determine whether or not that particular investment can help you meet your goals. You'll also see a column labeled Share to Buy, which indicates how many shares you'd need to purchase to achieve your desired allocation in the market segment represented by that investment. To find more in-depth research on any of the securities displayed, go to the Quotes & Research tab of your account.

To buy the securities listed, click the Trade button in any security row. You'll be transferred to an order entry ticket for your purchase. The ticket will auto-populate some of the transaction information including symbol, shares and whether the order is a buy or sell. You'll need to select an order type and confirm the purchase. Once the order entry process is complete, you can return to your Action Plan to continue with the next transaction.

Sell Action

The transactions displayed under the Sell Action section of your page make up a list of positions currently in your account that you would have to sell to match the portfolio allocation you created with the My Action Plan Model. To completely match the portfolio allocation of your Action Plan Model, you'll also have to execute all the buy transactions displayed under the Buy Action section.

The Sell Action section displays the name of each security listed, the security's asset type and a full quote to help you evaluate the security's performance and consider whether or not selling the investment shares is the right decision for you. You'll also see a column labeled Shares to Sell, which indicates how many shares of your investment would need to be sold for you to reach your target allocation. To find more in-depth research on any of the securities displayed, go to the Quotes & Research tab of your account.

To sell the securities listed, click the Trade button in any security row. You'll be transferred to an order entry ticket for your trade. The ticket will auto-populate some of the transaction information including symbol, shares and whether the order is a buy or sell. You'll need to select an order type and confirm the transaction. Once the order entry process is complete, you can return to your Action Plan to continue with the next transaction.

Remember: It's important to monitor your portfolio and rebalance when necessary to make sure you stay on track.