The tax savings I get from them is much more than the annual fee. I converted th... | Hacker News

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		Beaver117 on Jan 26, 2022 \| parent \| context \| favorite \| on: UBS Acquires Wealthfront for $1.4B 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 on Jan 26, 2022 | [–]

Don’t understand this. The tax savings only come from realized loses. In the long run SPY will likely best that including your “savings”.

extesy on Jan 26, 2022 | | [–]

This article from their help center explains the methodology: https://support.wealthfront.com/hc/en-us/articles/209348486-...

dartdartdart on Jan 26, 2022 | [–]

How do you do this? Isn't max risk like 45% US stock?

Beaver117 on Jan 26, 2022 | [–]

You can lower or remove the other areas. Also can add direct indexing.

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