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Betterment Says New ‘Tax Drag’ Algorithm Will Boost Returns

By Barbara Friedberg

Betterment’s new Tax-Coordinated Portfolio sounds like the proverbial free lunch. Rearrange where your financial assets are located and you’ll boost your overall returns. In fact, the site claims that their new tax-coordinated portfolio has turned the concept of asset location into a science. And if implemented according to their parameters, Betterment asserts that the value of your investment portfolio will grow by an additional 15% over 30 years or 0.48% annually.

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This article originally published October 21st, 2016 on Investopedia


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