FGRIX

Powerful-Orchid1270

Just curious on your thoughts on my portfolio. Always open to advice. So I have just over $16k in a private brokerage account and then about $36k in a 457 through my employer. The 457 is split 50/50 between a large cap fund and a target retirement date fund The $16k in my brokerage account is divided as follows: 22% FGRIX (fidelity growth and income fund) 20% SCHD 19% VTI 18% VIG 6% SCHG 6% VTWO 6% AMZN 3% SHOP I kind of prefer a “set it and forget it” approach and don’t necessarily want to worry about trying to buy and sell stocks at the right time. What do you guys think? Also, just for reference, I have about 20 years until I retire and put $350 in each of my accounts each month.

rawrlionsrawr

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.

dawho1

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.

Zeus_516

21 yo with 11.7k total (Investing since I was 19 but volume has increased as I've been able to work more: APPL \~9.76% ARM \~7.78% (This one was an irresponsible impulse buy, I think they're already priced in and I bought too late) CSCO \~7.82% DKNG \~4.70% (Long Haul Purchase) FGRIX (Fidelity Growth and Income) \~20.71% INTC \~8.85% (Another Long Haul) KO \~5.35% MMM \~4.25% QCOM \~10.60% VOO \~9.62% My plan as of now is to grow positions in place of new ones. VOO and FGRIX are my top priority (especially VOO) as my foundation isn't as strong as it was when I started. I have some risky options here (INTC, MMM, DKNG, CSCO) but my tolerance is pretty high given my age and amount of disposable income. I have high exposure to tech which is something I want to change, and would love any recommendations for solid ways to further diversify my industry base. Thanks!

jlocke1979

My take…the taxes are mostly not something to focus on. Why? . ….think of the taxes as inevitable. You’ll either pay it now…or you’ll pay it later. How much…? Sounds like you’ve had for awhile so most of it is long term capital gains tax. Yes some might be ordinary income (dividends ). But assuming your making about the same money then vs now (and in the same tax district)….the taxes are the same…pay now or pay later no difference. . So…if the tax effects are negligible either way . Then the only other considerations are 1) the underlying performance of the asset and 2) the expense ratios. You are getting different risks and returns with each asset. Looks like VOO outperformed FBRGX over a 20 year but underperformed last 5. FGRIX did terrible over a 20 year vs VOO. (Mostly from 2000 to 2010). Also underperformed vs VOO last 5 years. So MOST of the decisions are about the underlying assets and your thoughts on the future. However the expense ratios add up. A difference of .69-.10 (est)= .59. Assuming long term performance of 9% implies your giving up almost 7% of your returns to mgmt fees. If it were me..I’d sell and switch. Better performance. Lower fees. Neglibke tax effects in long run.

Majestic-Series1837

Hello everyone. I would like some insight on my current investment strategy for my Roth IRA via Fidelity. Specifically, I am asking for any red flags or improvements I can make with my portfolio. My goal is maximize returns with a retirement date of 2065 in mind. FYI, I’m a 22 yo F, married filing jointly, opened the account in 2021 with $200 but maxed out contributions this year. I’m planning on maxing out contributions every year from here on out. Currently sitting on $6.4k in this account. I have other tax-disadvantaged accounts but I specifically want advice for this one. Here’s a breakdown of my portfolio with percent allocation, Morning Star fund categorization, name of fund, and my reason for investing organized in order and separated by hyphens. * 67% - Target date fund (2065+) - FFIJX - I wanted to be lazy with my investment strategy. * ~13% - Large Blend - FNILX - I thought I should take advantage of the zero expense ratio of this fund and have a fund specifically dedicated towards tracking the S&P 500. Since the target date fund automatically reallocates its portfolio in later years, I wanted to be secure and own a large blend fund on my own dime. Literally. Also, I can tolerate volatility and risk considering my age. * ~10% - Large Value - FDGFX, FEQTX, FGRIX - I did want to be lazy but I thought maybe I should also try to maximize dividend income and capital appreciation. I came to the conclusion from my haphazard research that value funds have higher dividend and capital appreciate rates compared to blue chip stocks? Please correct me if I’m wrong. * ~ 5% - High Yield Bond - FAGIX - I wanted some assets in a bond but considering my age, I wanted a bond that offers higher returns with more risk. * ~ 2% - Money Market - SPAXX - I have some cash that I could invest but all of my assets are up right now and I don’t want to invest the remaining money ($300) until the recession hits and the cost of the funds come back down. Yes, I’m aware of dollar-cost-averaging. However, I thought this move was fine because I can still accrue some interest, although minimal (3.4%), and the recession is (unfortunately??) looking guaranteed. * <2% - Digital Assets - BITQ - My biggest regret purchase yet. I’m stuck in Sunk Cost Fallacy mode and am currently trying to hold long enough to at least break even before ridding my hands of crypto for good, at least in my Roth. So, this is it. In summary, I have 7 index funds in my Roth IRA portfolio with emphasis primarily on a target date fund with a large cap fund, some large value funds, bonds, and digital assets tacked on to maximize returns. The split between target-date and other funds is 70-30. I’m willing to adjust this split. Currently, my gains range from 2.58% - 12.97% with my only loss being from BITQ (-21.96%). Expense ratio is on the lower side for all, I think, ranging from 0.0% - 0.58%. I appreciate any and all advice. Thank you.

gorkushka

I dont consider anything Vanguard to be "actively management". Have a look at VEVIX for the year and see boutiquey active management. Even some of the Main Stream Large Cap Value funds have done better - FGRIX, DODGX, etc.

ShunyataBhavana

Thank you in advance for any help or answers. I wrote this a few days ago. Obviously, the market as a whole has done noteworthy things since then. My general question about general timing with these two funds still stands. * 52 * No kids, probably married soon * Stable employment, just over six figures * Objective - retire in under 20 years * OK with medium to high risk * No debt About 37% of my low six figures IRA+401k is in two "World Large-Stock Growth" funds. One is PGIM Jennison Global Opportunities Fund PRJAX, [which currently has a great rating in USNews](https://money.usnews.com/funds/mutual-funds/world-large-stock-growth/pgim-jennison-global-opportunities-fund/prjax) (five stars from Morningstar and CFRA, A/Buy from The Street, etc). The other is T. Rowe Price Global Stock Fund PRGSX, [which has even better ratings](https://money.usnews.com/funds/mutual-funds/world-large-stock-growth/t-rowe-price-global-stock-fund/prgsx) (five stars from Morningstar, 1/Strong Buy from Zacks, etc). Some other funds I have strong holdings in are USNQX USAA Nasdaq 100 Index Fund, PRCOX T. Rowe Price U.S. Equity Research Fund, and FGRIX Fidelity Growth & Income Portfolio. I recently bought some SPY and VOO, after seeing how much people on Reddit love them. Anyway - the two World Large Stock Growth funds - When I talked to an advisor and we went over their composite holdings a year ago, they looked similar, but looking over them now before I post, they look pretty different. Regardless, they both however have gotten hammered the last couple months. Since mid-November, PRGSX has been down -25%, and PRJAX -32%. I know the market in general has been down, but this is getting ridiculous. I'm of two minds about it. One mind is, I think I'm overexposed to these "World Large-Stock Growth" and should reallocate. And, even though both funds are down, I'm sick of the daily losing relative to the market, and think now may be a fine time to pull maybe a third of my investment in the two of them out of them. I mostly pulled out of ARKs a couple months ago even after they had hemorrhaged massive value, and am happy I did, as the hemorrhaging has continued. And like the ARKs, PRJAX and PRGSX gained tremendously in the previous year and a half, flying high over the indexes - x3.1 for PRJAX and x2.4 for PRGSX, so maybe these losses is appropriate rightsizing. The other mind is, PRJAX and PRGSX may be undervalued now and poised for a relative bounceback. I bought them a year ago because the ratings companies strongly recommended them, and, most compelling to me, the ratings companies seem to still believe in them. Also, I've learned the hard way not to instinctively buy high or sell low on a fund. So, not sure is now a time to sell and rebalance into a different type of fund (my Fidelity 401K won't let me buy VOO or SPY, in order to promote FXAIX instead), or whether to hold pat and just ride it out.

Jaacogeth

I am a 15\[M\] and have an income of about $2400 a year. I am looking to invest about half of that but on a monthly basis so I only have about $100 to invest a month. I was wondering if it would be worth it to split it into three different mutual funds or only do one. I am using a fidelity youth account, and was thinking about splitting it between Fidelity Blue Chip Growth Fund - FBGRX (50%), Fidelity Growth and Income Portfolio - FGRIX (25%), and Fidelity Total Marker Index Fund - FSKAX (25%). Is this a good idea or would I be better off just investing in one mutual fund? If so is there any-one mutual fund I would best off with?

Jaacogeth

I only have about $100 to invest a month so I was wondering if it would be worth it to split it into three different mutual funds or only do one. I am using a fidelity youth account, and was thinking about splitting it between Fidelity Blue Chip Growth Fund - FBGRX (50%), Fidelity Growth and Income Portfolio - FGRIX (25%), and Fidelity Total Marker Index Fund - FSKAX (25%). Is this a good idea or would I be better off just investing in one mutual fund? If so is there any-one mutual fund I would best off with?