Interesting. Will you share more on your approach?The tax-loss harvesting aspect is consistent with some of my back test calculations with a portfolio of perhaps 15 3x LETFs. Even though the algorithm adjusts allocations weekly to maintain a desired risk profile, after the first year or two there seems to be enough harvesting accumulated that the overall tax bill is zero in most subsequent years. If I'm doing the calculations correctly, this is more effective for 3x than for the same strategy using 1x ETFs.
It seems like every few years there is a year where a bank of losses is accumulated, which can be used in subsequent years.
Statistics: Posted by Kbg — Wed May 22, 2024 11:42 pm — Replies 35 — Views 5416