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.

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