Sandeep Sripada

Current: Building something exciting @frecfinance!

Ex-engineer @twitter @apple. Cardinal. BITSian. Tech savvy. Soccer player. Love music, traveling & driving!

[Frec @frecfinance]

Index investing just got more personal.

Weight factors are now live on Frec, giving you more control to manage concentration, reflect your macro views, and fine-tune your portfolio. Here’s how:

→ Tilt your sectors.

Adjust sector exposure from 0.25x to 5x to reflect your market outlook without restructuring your entire portfolio.

→ Then scale your stocks.

Increase or reduce individual stock weights, also from 0.25x to 5x, to better align with your investment strategy.

You can edit weight factors when setting up a direct index, or anytime after by clicking Edit on the respective direct index page.

Try weight factors today: https://t.co/9azYujWatH

Available on web. Mobile coming soon.

[Frec @frecfinance]

NEW FEATURE: Stock lending is now available at Frec. Eligible investors can lend out stocks in their direct index. In return, you could earn interest on the loaned shares while still maintaining ownership of your stocks.

[Frec @frecfinance]

Introducing joint accounts on Frec!

Now you can manage your investments together while maintaining separate logins. Plus, smart features like spousal wash sale awareness help prevent accidental wash sale triggers.

Create a joint account here: https://t.co/2NGEtfGz2H

[Sandeep Sripada @sandeepsripada]

@alejandro_banue @ankurnagpal Yes!

[Mo Al Adham @maladham]

If you bought stocks during COVID, you probably missed out on over 10% of your investments in tax savings. For many, that could be worth thousands or even tens of thousands of dollars.

Imagine if you could constantly monitor your portfolio and whenever a stock traded below what you bought it for, you sold that stock to harvest capital losses, swapped it for a highly correlated stock, and held the new stock for at least 30 days to avoid wash sales.

And you did this fully on autopilot, with insights from decades of backtested data and a sophisticated risk model used by financial institutions worldwide.

There are just a few trading days left in 2023, but it’s not too late to save meaningful money on your taxes this year. For the first 100 investors who fill out https://t.co/lk09vTGfd7, our team will take an in-depth look at your portfolio for free and send you a detailed report with trades that could help you maximize your tax savings.

[Mo Al Adham @maladham]

How does direct indexing compare to the ETF-to-ETF tax loss harvesting offered by robo-advisors like Wealthfront and Betterment? The answer: direct indexing can capture up to 2x more capital losses, resulting in significantly more tax savings.

[Sandeep Sripada @sandeepsripada]

Excited to announce that @frecfinance is powering AngelList Treasury's money market funds integration!

[AngelList @AngelList]

Introducing: AngelList Treasury

Centralized capital mgmt for all VC funds, with any back office provider.

-Protect LP capital w/ FDIC & GSIB accts
-Peace of mind w/ automated bank redundancy
-Optimize IRR w/ MMF & credit lines
-Integrated in one dashboard for all your funds

[Sandeep Sripada @sandeepsripada]

@kuntalmajumdar @sidbr0 And Enzo. :(

[Sandeep Sripada @sandeepsripada]

@Liverpool Gillett and Hicks.

[Sandeep Sripada @sandeepsripada]

@venukasturi @JoePompliano @David_Ornstein I will chip in assuming minimum is around 100$ :D

[Sandeep Sripada @sandeepsripada]

@yatusr @ahmetb @sedaunal We dont have a hiring page yet but please feel free to ping me on https://t.co/qNw8Gxjysa. You can get high level detail on what we are building here: https://t.co/PlYJWjTuiX

[Sandeep Sripada @sandeepsripada]

Was there for 8 years and built amazing relationships with excellent people. Extremely disappointed and sad at what is happening right now. :(

[Sandeep Sripada @sandeepsripada]

I used to look forward to the year end playlists from Spotify. I know exactly the 4 choo choo sounds that would show up in my 2022 playlist.

[Sandeep Sripada @sandeepsripada]

@rajatsuri Congrats!!

[Sandeep Sripada @sandeepsripada]

@DrJorts Golden boy!

[Sandeep Sripada @sandeepsripada]

@m7z Yes, 💯!

[Sandeep Sripada @sandeepsripada]

@_wilhelm__ DRS is only allowed on certain sections of the track and the driver within 1s of the driver is front can use it when they want to overtake

[Sandeep Sripada @sandeepsripada]

@jamneuf @LaurDascalu The one with better numbers is the correct one.

[Heidi Stevens @HeidiStevens13]

Holy. Shit. What a brilliant, horrifying cover.

[Sandeep Sripada @sandeepsripada]

@sidbr0 Enjoy Europa, you salt miner!