Quote:
Originally Posted by JohnnyBGoode
... he said it ends up being 1.5pts better than a regular passive index fund when taking into account of the tax implications of capital gains and dividends. ...
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That's a big number. It's double, for example, what Betterment claims for tax loss harvesting. I'd want to see some backup data.
Also, I personally do not want to overemphasize the S&P/US Large Caps in my portfolio. I seems like all of the robo-visors also offer tax loss harvesting with more diversification and usually at a lower fee level. So I would shop there too.
Finally, DFA offers a number of tax-managed funds. Even if you don't want to pay an advisor (necessary to access DFA), reading their story might be helpful in making your decision.