We examine how robo-advisors have evolved over the past decade to determine if their services justify the fees they charge. Topics covered include: How large are the top 5 robo-advisors Robo-advisor fees Robo-advisor holdings Why robo-advisors are turning toward direct indexing for tax loss harvesting How much excess return does tax loss harvesting generate Who can benefit from using robo-advisors Show Notes The Tax Benefits of Direct Indexing, and How They … [Read more...]
478 and 479 Plus: Public and Private REIT Update, Analyzing Individual Stocks, Comparing Brokerage Firms, and Direct Indexing
In this combined Plus episodes 478 and 479, we review public equity REITs' historical performance, expected returns, and current valuations. We also compare public equity REITs to private REITs and explain why private REITs continue to limit redemptions. We review how stock managers evaluate individual stocks. We compare Schwab's, Fidelity's, and Vanguard's ownership and explain why Schwab has less compelling cash sweep options. Finally, we look at FREC, a new competitor in the direct … [Read more...]
388 Plus: Expected Return Update, Direct Indexing, Strengthening Yen, and Two TIPS CEFs
In Plus Episode 388, we look at how Money For the Rest of Us is seeking to improve its process for estimating long-term asset class returns. We analyze the two new direct indexing offerings from Schwab and Fidelity. We consider whether purchasing Japanese stocks when the yen is weak has led Japanese stocks to outperform the rest of the world as the yen strengthens. Finally, we analyze two closed-end funds that invest in Treasury Inflation Protection Securities (WIA and WIW). … [Read more...]
335 Plus: Mid Month Update, Preferred Stocks and Direct Indexing
In Plus episode 335 for the week of March 20, 2021, we review recent asset class performance, discuss economic growth expectations and consider the role of preferred stocks in a rising interest rate environment. We also look at developments in direct indexing that could lead to individuals constructing separately managed accounts without using an investment advisor. … [Read more...]
192 Plus: Direct Indexing, Water Investing and a Money Manager Review
This week February 17, 2018 on Money For the Rest of Us Plus, we evaluate a money management firm a member is considering. We look at the pros and cons of Wealthfront's Direct Indexing strategy where they hold individual stocks versus ETFs for the U.S. equity allocation. We look at options for water investing. Finally, we look at why it is important not to over allocate to one specific crowdfunding investment platform, such as Peer Street. … [Read more...]
