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I built Tax Loss Harvesting Tool for different kinds of portfolios. Despite still being in the early stages, I'm gaining some interesting traction so far! I was badly hit in the recent market downturn because I had invested in leveraged ETFs without a deep understanding of how they function. But I still have faith in securities in the ETFs so I decided to see if it was possible to swap securities in order to harvest losses without triggering the Wash Sale. And, Lo and Behold, for 2330 ETFs, I found 1.2+M possible combinations.

Link: https://bit.ly/3H9Gkpb

Follow on twitter for twice-a-day insights about High Overlap Beta ETFS: https://twitter.com/optimizetaxes



Mind speaking to the monetization component of your app? It's not readily visible from your links.

I ask as I've built a similar tool that supports portfolio rebalancing and helps generally understand portfolio health. I found the niche of "DIY" investors willing to pay for software somewhere between fully automated and hands-off is small and although I've never pushed towards aggressive monitization, it always seemed like most self-service investors are conditioned to only pay for data (which I suppose in part your application presents).


Monetization is predominantly through affiliate referrals to CPAs and Tax Advisors; I ran Facebook ads and I had a good number of people reach out to me via messaging. am also exploring possible monetization opportunities through integrating APIs with big brands and roboadvisors.


And HackerNews broke my Custom Portfolio Analyzer module! LOL :) Fixing it.




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