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Services like this can be very, very difficult to leave.

Be aware that if you are doing direct tax indexing with tax loss harvesting, you are increasing your tax liability in the future.

If you invest in direct indexing here, you have three choices if they tack on fees or you are unhappy with their service: 1. Take a random assortment of 300+ stocks and watch your portfolio become unbalanced over time 2. Liquidate your portfolio and up worse off than you would have with an ETF 3. Stick with it and pay

If they go out of business, you are stuck with the random assortment.




Under 2, why would you end up worse off? I'm decidedly unsophisticated in this domain.


Because liquidating / selling your shares is a taxable event. If you purchased a simple ETF to begin with, your tax burden would have been lower.


Right, the whole point of these tricks is to compound a continuously larger amount. If you liquidate, you pay taxes (even more in one year with tax loss harvesting) and begin compounding from a lower starting point going forward.




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