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For several months now, Schwab has been promoting their upcoming “Intelligent Portfolios” platform, which will offer automated rebalancing and tax-loss harvesting of a portfolio of ETFs. The big selling point is that there is no fee for the service, aside from the cost of the funds held in … Read entire story.
Source: Oblivious Investor
Fucking robots. The major indexes (Dow Jones, S&P 500, NASDAQ) all got killed in the final half hour of trading today. What’s to blame? High frequency trading. Get it the shit out of here and stop destroying the average Joe investor. There is no other explanation. The robots were trying…
Introducing a mobile contraption that has four wheels, a roof, rear seats for passengers and luggage, and an electric motor good for 47 miles on a single charge and able to store additional range thanks to the solar panel on the roof. But it’s a stretch to use the word “car” to describe it. In […]
Tax-loss harvesting is a very common tax strategy in which you sell a holding when its value is less than the amount you paid for it, then reinvest the proceeds from the sale in a similar (though not “substantially identical”) investment. The idea is that you then …