tax-efficient investing
Most Rochester-area investors with significant taxable portfolios own index funds and think of themselves as tax-efficient investors. They’re partially right. Index ETFs are structurally efficient: low turnover, low dividends, no capital gains distributions. But they have one blind spot that costs money every year. When any position in the fund falls, the loss belongs to…
A well-managed index ETF is one of the most tax-efficient investment vehicles available. But it has one structural limitation that direct indexing solves: when a fund holds losing positions alongside winning ones, those losses belong to the fund – not to you. You cannot harvest them to offset gains elsewhere in your portfolio. Bouchey Financial…
One of the most common questions people bring to a first planning conversation is whether their current advisor is actually working for them – or working for the firm. It’s a fair question, and the answer depends entirely on how the advisor is compensated and what legal standard they operate under. Bouchey Financial Group serves…