7 ms·

This technique is available for everyone.

• jjeaff 4y ago
  Only technically. The overhead to manage this rarely works out for the less than wealthy. Not to mention most non-wealthy people make most of their income as earned income.
  • deleted 4y ago
    [deleted]
  • berberous 4y ago
    I'm not sure what you mean by "overhead", but direct indexing has been commodified for the masses for a while. See Wealthfront for example. Even Vanguard is pushing into it soon: https://www.etf.com/sections/features-and-news/vanguard-going-all-direct-indexing-ceo-says https://www.etf.com/sections/features-and-news/vanguard-goin... Now that said, I agree the benefits of direct indexing for the non-wealthy is vastly overstated and probably a mistake for most.
  • hn_throwaway_99 4y ago
    I do loss harvesting every year in a simple online brokerage account. There is basically no "overhead", especially since many brokerages over extremely low or 0 trading fees these days. This isn't difficult.
    • jjeaff 4y ago
      And you probably save a negligible amount overall for your trouble.