Do you think Wealthfront’s service is worth his 0.25% management fee?
Dec 13, 2020
22 Comments
Do you think Wealthfront’s service is worth his 0.25% management fee?
1. I am in the Bay Area, so the tax is high
2. The risk score I chose is 10. Therefore, there are more stocks in international and emerging markets.
3. Enabled their stock level tax-loss harvesting. Through their services, I have collected a total of 60,000 US dollars in tax-loss harvesting. According to my understanding, this part of the loss can reduce the taxable income by 3000, and all the losses can be carried over the coming year.
4. About a quarter of the assets are in wealthfront. Recently, because the stock has soared and exceeded their fee-free limit, what should I do? Thank
TC 260
#personalfinance #investments
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If you want you can hear John Bogles opinion in the Little Book on Investing. He recommends to keep it simple. Invest broadly in the USA, International and bonds. Essentially, a 3 fund portfolio