#portfolio-management
Portfolio Management
Manage investment portfolios and track performance
Sequence-of-Returns Risk: Why the Order of Market Returns Can Make or Break Your Retirement
Two retirees with identical average returns can end up decades apart in portfolio longevity — the order of returns decides it. How sequence-of-returns risk works, why the ten-year retirement risk zone hits business owners and freelancers hardest, and five defenses including cash buffers, bucket strategies, bond tents, and spending guardrails.
Direct Indexing for Tax-Loss Harvesting in 2026: The Loss Machine ETFs Cannot Build
A 2026 guide to direct indexing — how owning the 500 underlying stocks of an index in a separately managed account harvests $18,281 of losses per year on average versus $4,808 for ETF investors, why the §1091 wash-sale rule and Rev. Rul. 2008-5 IRA trap can destroy your tax alpha, the platforms (Frec, Wealthfront, Schwab, Vanguard, BlackRock Aperio) competing at 9–40 bps with $5K–$1M minimums, and the loss-exhaustion problem that limits the strategy to a 5–10 year shelf life.
Section 199A REIT Dividend Deduction: The 20% Tax Break Most REIT Investors Don't Fully Use
Section 199A lets investors deduct 20% of qualified REIT dividends from taxable income, dropping the top federal rate from 37% to about 29.6%. This guide covers Box 5 of Form 1099-DIV, the 45-day holding-period rule, Form 8995, and how OBBBA made the deduction permanent.
Tax Loss Harvesting: The Year-Round Strategy That Can Save You Thousands in Capital Gains Taxes
Year-round tax loss harvesting can add 0.5%–1.5% in annual after-tax returns to a taxable portfolio. This guide explains the IRS netting order, the wash sale rule across taxable and IRA accounts, and a practical framework for harvesting short-term losses without losing the deduction.
Introduction to Beancount.io
Beancount.io simplifies investment tracking for stocks and cryptocurrencies, offering a user-friendly interface and powerful features tailored for engineers and financial minimalists.