4 ms·
What are you getting out of that at all? Someone doing the balancing math for you?
by vehementi 10y ago
What are you getting out of that at all? Someone doing the balancing math for you?
- fullshark 10y agoI guess you could do it yourself if you can do commission free trades in the ETFS they use, but that's a fair amount of work to monitor the market and execute the optimal tax loss harvesting trades (or at least good enough trades to get you to at least 3k) and do the re-balancing math. Wealthfront charges 0.25% a month so I guess it depends on how much you are investing if you think it's not worth it.
- harryh 10y ago0.25% a year FWIW. 0.25% a month would be really really high!
- fullshark 10y agoAhh yes thanks my mistake, they collect (0.25/12)% each month.
- schrodinger 10y agoIsn't it actually (1+.0025)^(1/12) - 1, not 0.0025/12?
- fullshark 10y agoThat makes more sense. They are very close practically speaking but you are correct I believe.
- deleted 10y ago[deleted]