FEQIX
FIDELITY EQUITY-INCOME FUND FIDELITY EQUITY-INCOME FUND
Mentions (24Hr)
0.00% Today
Reddit Posts
Mentions
I like DGRO. I'm planning on putting a large portion of my traditional IRA in an equity income mutual fund, likely either FEQIX or VEIPX, but I'm also looking at AMRMX and AWSHX.
If you're focusing on mutual funds and want high yield, Vanguard High Dividend Yield Index Fund (VHYAX) is a strong choice, low cost (0.08%), solid dividend exposure, and $3,000 minimum if you go direct. For a more active but still income-oriented approach, Fidelity Equity-Income Fund (FEQIX) has no minimum and consistently focuses on blue-chip dividend payers. If you want diversification beyond Vanguard, Schwab Dividend Equity Fund (SWDSX) is another low-cost, quality pick. All three work well for long-term income-focused investing without needing ETFs.
I am already setting aside $500 a month into the S&P 500 (FXAIX). I would like to contribute an extra $100+ a week and maybe an extra few hundred dollars into another fund. I am having a hard time choosing between FRGIX and FCNTX. I just want something that will build capital appreciation with my weekly commitments to have something nice to look forward to 30 years from now. What draws me to FGRIX is the year end distributions. FCNTX just seems like growth with a chance of a distribution. The other one I was looking into was FEQIX the Equity Income fund. Just wanted to hear other opinions on what to select.
Not everything is crashing. Reddit has this idea everything is collapsing, because reddit loves trendy fast-growth tech and indexes that are getting rekt. many conservative, value, blue-chip type funds are up YTD or just flat (DODGX, HDV, FEQTX, LEXCX, DODBX, FEQIX etc) as are many international ETFs (VXUS, VYMI, CGIE)
I suppose you could look at it that way, but when my choices are: * Pay it off immediately and garner no benefit, or * Pay the taxes now and split the rest over 12 0% interest payments while using the money I keep and letting it sit in FEQTX, QQQ, SPY, FEQIX, FGRIX, or FDGFX generating money for the next 11 months, etc. It's probably more important to understand that if some reason I had to/wanted to I could buy the things I buy outright, or pay off any financed debt I have sitting on a 0% promo.
How old are you? Depending on that - I’d put it back in the market asap. Personally just did the same thing (30 YO) and have the following: FSKAX - 65% (Total Market - Russell 3000) FSPGX - 15% (Russell 1000 - Growth) FEQIX - 10% (Russell 1000 - Value (dividend)) FPSPX - 10% (EAFE Int’l)