If you were starting from scratch
Does it make sense to direct index the S&P portion of your non retirement account?
Thought is you could harvest more tax losses
Assume could do this self directed / no fees / super low expenses…
Obviously would requires a little leg work but if you’ve got enough money… in a higher tax state… maybe it could be worth doing?
I’d think juice wouldn’t be worth the squeeze for extended market and international allocations and such
Prob doesn’t matter much if you’re never selling… playing for stepped up basis for your heirs