You can just pick stocks - if you pick a fairly low number of large stocks in broad categories with correct weight, you will track the index.

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twiceaday an hour ago | parent [-]

And the relative values of those stocks will shift requiring rebalancing. You might be able to do that with new dollars for a while but hopefully, eventually, the swings are much more than new dollars and then what? Pay capital gains tax on sales to rebalance? Convince yourself the new random allocation is fine?

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yorwba 44 minutes ago | parent [-]

I thought the point of index funds weighting by market cap is that they don't require rebalancing, because the weight of stocks in the index exactly tracks price movements. You just keep holding the exact same number of shares, and more valuable stocks automatically take up more of your portfolio.

	▲	baobabKoodaa 34 minutes ago \| parent [-]
		Yes, but parent poster was not talking about an index fund. Read grandparent post again.