Frec lets you tax loss harvest the S&P 500 via direct indexing

Show HN: Frec lets you tax loss harvest the S&P 500 via direct indexing

Frec lets you tax loss harvest the S&P 500 via direct indexing is a business in show hn launch.

Profile

Hello - I’m the founder of Frec. We built a direct indexing product that lets you tax loss harvest the S&P 500 or the S&P Information Technology indexes for a low 0.10% fee and a minimum deposit of $20k. You can start your direct index with cash or contribute stock you already have. Our historical simulations based on 20-years of data show that we harvest ~40% of every deposit back in capital losses over a period of 5 years. I linked to a live demo account with a real $50k deposit made on Dec 5, 2023. The account shows that our trades track the S&P very closely. As of January 21, our direct index is at $52,808.43 whereas SPY would’ve been at $52,815.79. Our direct index harvested $357.60 in

The company sits in the show hn launch segment, where it competes on its core product or service.

The company is listed at the Show HN launch stage of development.

Website: frec.com/app/demo/direct-indexing