Author Topic: Has Wealthfront's Direct Indexing TLH worked well for you?  (Read 411 times)

redstar

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Has Wealthfront's Direct Indexing TLH worked well for you?
« on: July 16, 2017, 02:29:44 PM »
I am considering putting some money in Wealthfront to take advantage of their Tax Loss Harvesting and Direct Indexing features. Does anyone here use them, and if so, what sort of savings do you see from these features (either in absolute or percentage terms)?

justostash

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Re: Has Wealthfront's Direct Indexing TLH worked well for you?
« Reply #1 on: July 21, 2017, 07:57:13 AM »
Hi redstar... I use Wealthfront.

So far it says I've saved about $816 due to tax loss harvesting. Now to validate this, I imagine would require a bit of accounting that few people would want to do :).  This was on about a $30k investment that I've been growing slowly at 1k / month for a year and a half.  Just a few days ago I increased my allocation in Wealthfront to the 100K minimum for direct indexing. We'll see how that goes!  So far, I've been happy with Wealthfront, it seems to be a very solid system.

If anybody wants to try it, use my referral link :).  I think we both get an extra 5K invested without fees or something like that.
http://wlth.fr/1m7GT6V