Current Wealthfront user. Reluctant to stay and thinking about leaving. At a certain point (around $500k) the benefits of tax loss harvesting disappear because you can only write off so much on your taxes. At around the $1m mark, many places start discounting their fees or offering more services. Wealthfront doesn’t. If you had or have $1m+ to invest in a taxable account, where would you put it? Vanguard? Interactive Brokers? Somewhere else?
Bought real state already? Or ruled that out?
Own my primary residence. But I like the low hassle of securities.
This is the answer really. My rental property beats out all my funds and reits. 1 mil is enough to diversify in multiple cash flow positive properties assuming you’re willing go purchase out of town.
All in VTSAX at Vanguard
This
Bitcoin
Bitcoin all the way
60/40 VTSAX/VTIAX done
Why not vti
There is functionally no difference in VTSAX and VTI.
Everyone wants to get off robo adviser when the market is good
pro tip a roboadvisor hasn’t seen a bear market 🤔🤔🤔
To be clear, my investment philosophy hasn’t changed. I’m not looking for a new type of investment, but rather a new broker. Maybe I should rephrase the question as: what brokerages have the best incentives for $1m+ portfolios? For example, Vanguard gives you a dedicated CPA as you reach certain levels.
To be clear, my investment philosophy hasn’t changed. I’m not looking for a new type of investment, but rather a new broker. Maybe I should rephrase the question as: what brokerages have the best incentives for $1m+ portfolios? For example, Vanguard gives you a dedicated CPA as you reach certain levels.
What's wrong with Vanguard?
YoE or TC or GTFO
Vanguard all the way. They started the whole index thing. So my loyalty will be with them
Vanguard. They have a pirate ship logo
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