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That's more or less true only if you are retired & not re-investing dividends (not regularly purchasing new, high-basis lots). The key problem is the one that
by rphlx 9y ago
That's more or less true only if you are retired & not re-investing dividends (not regularly purchasing new, high-basis lots).
The key problem is the one that loeg mentioned: on a $500k+ account you will likely be paying >$1k in fees for a ~$1k/yr tax savings. To make matters worse, the tax savings does not increase with inflation, but the fees do.
- ericd 9y agoRight, over time new purchases generally become less and less significant relative to the asset value of your account. But yeah, the reinvestment and new investments can still be TLH'd.