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The tax savings I get from them is much more than the annual fee. I converted the portfolio to 100% US stocks btw. Sure I can harvest losses myself but that int
by Beaver117 5y ago
The tax savings I get from them is much more than the annual fee. I converted the portfolio to 100% US stocks btw. Sure I can harvest losses myself but that introduces emotion and watching the market carefully.
- endisneigh 5y agoDon’t understand this. The tax savings only come from realized loses. In the long run SPY will likely best that including your “savings”.
- extesy 5y agoThis article from their help center explains the methodology: https://support.wealthfront.com/hc/en-us/articles/209348486-Tax-Loss-Harvesting https://support.wealthfront.com/hc/en-us/articles/209348486-...
- dartdartdart 5y agoHow do you do this? Isn't max risk like 45% US stock?
- Beaver117 5y agoYou can lower or remove the other areas. Also can add direct indexing.