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URL:  http://boards.fool.com/tax-loss-harvesting-for-a-035-annual-fee-30946909.aspx

Subject:  Tax-loss harvesting for a 0.35% annual fee? Date:  10/29/2013  1:19 PM
Author:  intercst Number:  73665 of 74759

WSJ had an article today singing the praises of several software-based portfolio management services that do portfolio rebalaning and tax-loss harvesting. These services charge annual fees ranging from 0.15% to 0.35% of assets.

http://online.wsj.com/news/articles/SB1000142412788732474710...

If you look at a 60-year investing time frame (i.e., 30 years saving for retirement, 30 years in retirement) adding a 0.35% annual fee to your portfolio results in an 18% reduction in your wealth at the end of 60 years.

There's got to be a cheaper way to do it.

intercst
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