We are just starting a taxable account in Vanguard. And my question is how will we know when to tax loss harvest? We plan to be in a either Vanguard total stock or S&P 500 so there will be only 1 fund to watch, but how do you watch it? How often do you look? We are used to be passive investors and don't want to look all the time, but would rather just be notified of a big dip but I don't think Vanguard sends out notices like these because they don't want people to abandon the market. How does a typically passive investor be active enough to tax loss harvest? We don't really like watching the market but don't want to miss out on opportunities for tax savings either.
P.S. For reasons stated elsewhere we decided against Betterment so have decided to TLH ourselves. We've got some equivalent funds picked out and are just needing a little help actually knowing when to execute. Thanks in advance.
P.S. For reasons stated elsewhere we decided against Betterment so have decided to TLH ourselves. We've got some equivalent funds picked out and are just needing a little help actually knowing when to execute. Thanks in advance.
Comment