Published On Mar 21, 2024
Random Gleanings this week covers the topic of Direct Indexing as a tax smart investment strategy for dollars invested outside of a specified retirement account (IRA, Roth, 401(k), etc.).
The strategy can be very useful for those seeking:
- Index-like Returns with lower tax liability (to those of an ETF or Mutual Fund index strategy)
- Diversification away from a Concentrated Position (the ownership of an outsized single stock or group of stocks to a more index oriented weighting)
- A tax strategy to help minimize an anticipated large capital gain (selling a long-held business, or real estate investment)
All opinions expressed by Jesse Hansford and Chris Beard are solely their own opinions and do not reflect the opinion of Professional Planning & Wealth. This podcast is for informational purposes only, and should not be relied upon for any investment decisions. Clients of Professional Planning & Wealth may retain positions in the securities discussed in this podcast.
#DirectIndex #CustomIndex #TaxStrategy #Tax #wealthbuilding #indexinvesting