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Wealthfront buys the individual shares that track an index. When shares lose value, they'll sell those and buy other shares that are equivalent. It worked pret
by mrkurt 10y ago
Wealthfront buys the individual shares that track an index. When shares lose value, they'll sell those and buy other shares that are equivalent.
It worked pretty well for me in 2016. I was up ~11% total and about to deduct about 6% in losses.
- pscsbs 10y agoHowever, that 6% is capped by the IRS at $3,000 per year.