Posted by DigiNomad on 29th of Jul 2022 at 12:48 pm
XSP is a good alternative to SPX for smaller taxable accounts.
1/10 the size, decent liquidity (much better than it looks) and you
still get the 60/40 tax treatment. It's doesn't trade as many hours
at SPX though (I think SPX is 23/5 and XSP trades more like
standard index options...closes at 4:15, etc).
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XSP is a good alternative
Posted by DigiNomad on 29th of Jul 2022 at 12:48 pm
XSP is a good alternative to SPX for smaller taxable accounts. 1/10 the size, decent liquidity (much better than it looks) and you still get the 60/40 tax treatment. It's doesn't trade as many hours at SPX though (I think SPX is 23/5 and XSP trades more like standard index options...closes at 4:15, etc).