RockyMtn
Thinks s/he gets paid by the post
Came across this site which is available free or for a fee should you choose the Premium service. Plug in your accounts and it gives recommendations and projections on performance, diversity, fee efficiency and tax efficiency.
Pretty easy to use and I can't say that I totally disagree with some of their suggestions. They pretty much use a index fund/low cost etf approach. Individual stocks are frowned upon.
My question....implementing their recommendations is going to trigger a ton of LTCG's for me. Does it make sense to bite the bullet and trigger the LTCG's to move into more cost efficient etf's and index funds. If I decide to go ahead I would wait till after the first of the year and do so as part of my annual rebalancing. My AA isn't far off from their suggestions and my return projections are within 1% of their returns. However, my diversity among asset classes and fee efficiency are somewhat poor based on their analysis.
Maybe I use a hybrid approach taking into account some of their suggestions but not the wholesale changes they propose.
Any thoughts would be appreciated!
https://www.futureadvisor.com
Pretty easy to use and I can't say that I totally disagree with some of their suggestions. They pretty much use a index fund/low cost etf approach. Individual stocks are frowned upon.
My question....implementing their recommendations is going to trigger a ton of LTCG's for me. Does it make sense to bite the bullet and trigger the LTCG's to move into more cost efficient etf's and index funds. If I decide to go ahead I would wait till after the first of the year and do so as part of my annual rebalancing. My AA isn't far off from their suggestions and my return projections are within 1% of their returns. However, my diversity among asset classes and fee efficiency are somewhat poor based on their analysis.
Maybe I use a hybrid approach taking into account some of their suggestions but not the wholesale changes they propose.
Any thoughts would be appreciated!
https://www.futureadvisor.com