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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