FSELX
Fidelity Select Semiconductors Portfolio
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Why shouldn’t I go all in on one fund in my retirement accounts? FSELX
Early 40's, Recent Windfall, heavy on annuities - Looking for advice on the below
Thoughts on this Breakout of Fidelity funds? - Goal is fairly aggressive growth
Thoughts on this Breakout of Fidelity funds? - Goal is fairly aggressive growth
Portfolio choices for taxable account for growth and minimize taxes?
Up %400 in Nvidia in Roth IRA keep riding or semi ETF?
Thinking of swapping a mutual fund for its ETF equivalent (in IRA), lower fees, better long term return
Clarifying questions from a new investor looking to get started intelligently
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I have a TSP with 100% allocation to the C fund (65% of my total portfolio). I max it out. I just opened a Roth IRA and brokerage account and between the two I’ve added 10% XMHQ (mid cap quality) 5% AVUV (small cap value) 10% XLK (tech sector) 5% FBTC (bitcoin spot) and the rest FSELX (semiconductor etf)…..and oh yeah about $200 a month into TSLA. I have no experience in this but after the last 7 days of looking around, that’s what I came up with. I have no international exposure and I’m ok with that.
Good choice, SOXL down nearly 26% this week. The comeback would mean a sweet gain. I purchased more FSELX this evening, a similar investment but as a mutual fund. It seemed sensible to me, lower my cost basis and thank myself later.
How would you feel taking that money and putting that money into a fire? Would it really impact your life if it was all gone or would it not impact the way you live at all? Regardless, do not pick MEME stocks. Pick stocks that are actually profitable. If you wouldn't miss it, I would personally put it in a semi conductor fund (FSELX). If you WOULD miss it, I would stick it in FXAIX and keep adding small amounts monthly through auto investing.
FSELX - 86% Good index fund, but its price has flattened the last two weeks the same way it has, in the past, before it goes on a dip. GCT - 5.79% MP - 5.71% (avg cost basis = $47.34 per share ) Big predictions for 2025. I'm considering taking the loss on this and investing what's left of it in a broad market fund. AEYE - 2.24%
It’s true. One of my accounts was dormant and untouched for 20 years. It grew +600%. It helped that it was invested in QQQ and FSELX and a few other tech funds.
VOO/QQQ. Index fund stocks like that are a good choice, but they aren’t fun or sexy. If you believe AI will cause displacement and want to hedge your bets on that future FSELX is a good choice, as it has a good mix of AI stocks.
Not sure if chip stocks will go for a ten year as they have had a hell of a run. But FSELX has been a great play.
Get an index fund with high returns and low fees. FSELX is the Fidelity semiconductor index fund, but I would get more than just that. Diversify. Natural resources, transportation, construction, insurance, etc. Don’t put all your eggs in one basket.
ACDVF FSELX GBTC SOFI ZVRA ZVRA Calls BAC TSLA U VFIFX Had some puts on TTWO
I agree in a diversified ETF but something like FSELX has performed extremely well for the past few years and I don’t see it slowing down anytime soon.
When I was looking for investments, I looked in fidelity to see their number 1 mutual fund of the last ten years. It was FSELX. I looked at the underlying market sector, it was semiconductors. I’m in it extremely heavy. Here’s the thing: it’s 26% Nvidia, but 74% the rest of the semiconductor supply chain.and because it’s a managed fund, you are having the benefit of a Wall Street money manager moving money in and out of companies in the sector. For instance, the fund used to have intc. It doesnt any more, it may again in the future. But someone much more connected than I is making that call. Dump everything, buy FSELX. Comments on here will talk about the cyclical nature of semis and that maybe true, but by the time you are ready to retire your returns will outpace most other possibilities in the broader market.
Here's the makeup of my portfolio at close today: 34.01% -- $VOO 12.64% -- $LVMUY (LVMH) 11.56% -- $AXP 11.47% -- $DTE 10.00% -- $CROX 5.83% -- $FSELX 5.69% -- $H 4.32% -- $KO 3.63% -- $SCS I try to play it safe with two thirds of my portfolio: a minimum of 33% of my portfolio stays in VOO, and I try to keep another \~33% in stable blue chips like AXP, KO, and LVMUY (LVMH). That last third gets split up between between stable speculative plays (DTE and SCS due to yield with some strong upside potential as well) and more volatile speculative plays like semi-conductors with FSELX, retail/apparel with CROX, and luxury and business travel with H.
FSELX at least a little diversified.
Heck yeah. I put my kids in FBGRX years ago, and funded their Roths. I like just a nasdaq index, but I also have FSELX and others. My base is the 500 index, but I have been aggressive for a long time with my indexes.
I took some profits early on when it would go over $100. But in 2018, I was not aware of the 10:1 split. I freaked out when I saw the huge drop in the NAV, then noticed the increase in the number of my shares. FSELX has held Nvidia since 2007 and when it passed $700, I took a few more profits on several trading days. I'll be darned that FSELX made back about 35% of those.
FSELX. I’ve just let it grow and compound for 20+ years. I made a whole lot of money on it.
I've been holding FSELX, FBTC. It's tech heavy but very profitable so far. I strayed away from an international fund cause it's just not done very well. I know it's a bogle method to hold an international one but until there's a tech burst or something, I'm fine with my 25-50% returns on FBTC & FSELX. My Roth has FSKAX & FSPGX 70/30 respectively.
The big drop Friday was an instant sale. A bunch of big players taking profits. I can't afford to buy full shares right now, but I bought several hundred dollars worth. I'm also buying extra shares of FSELX (Fidelity's Semiconductor fund), which has also been going gangbusters since I bought in last year. NVDA is currently about 27% of that fund, but this fund has been beating the S&P 500 for decades.
Use a portion of your money for risky investments and spread the risk on safer investments. I’ve done well on Nvidia and FSELX. Both are solid investments. FSELX has averaged over 20% over the last 10+ years. I understand where Nvidia makes its money and why it’s doing well. I don’t invest in bitcoin because I couldn’t tell you why it goes up or down—though I wish I had invested $10k early on. I’m 62 so, I don’t have a lot of long term either. But I think people are more likely to lose money on the rich over night investments, and I can’t afford to lose what I’ve built up. Still, everyone has to decide what makes sense first themselves.
I'd say FSELX may be more AI / Semis specific.
I'm selling FSELX and putting the proceeds into NVDA calls
I got a couple of shares right before they split in 2021, which ended me up with about 7-8 shares. I've been buying fractional shares here and there over this run up, which doesn't seem like it will have any issues in the short term (maybe the next year or two at least.) I currently have about 10 shares, and definitely not selling. They split last time in the 700s, I think, so I've been reading rumors that they could split this year too. If they DO split 3 or 4 for 1, I would consider taking some profits after the price runs back up a bit post-split. Maybe pull out my initial investment, currently sitting at about $2500. If you're not already in an S&P 500 fund, I would definitely get into that. If you're with Fidelity, I'd check out FSELX, their Semiconductor fund. NVIDIA is around a quarter of that fund, and its been going gangbusters. I'm up almost 49% (+$1,600+) since getting into it last year.
What is everyone's thought on these, FBTC FSELX… Taxable brokerage account. Last year was first year investing. Made a good little return. Little over 6000 invested already. Was $250 biweekly into Fxaix and have $600 into DGRO and $700 into SCHD total. Currently DRIPing I want to change things up and start investing 200 into fxaix biweekly. And $50 Dgro, $50, Schd monthly. I was thinking of adding another $50 a month into either FBTC or FSELX. I'm not sure though. Im curious the outcome of FBTC. But FSELX has already proved itself was thinking about even investing more than $50 into Fselx for the next two years while semiconductors are hot
I’ve owned FSELX for many years. It’s made me a LOT of money. Initial buy is $2500, but after that, the $30-$31 price per share makes it easy to add to. It settles at the end of the day, so it’s not easy to jump in and out of, which is a good thing for me.
I’m not as much as a risk taker at the moment so I did FSELX 😂
1. Get into a good brokerage firm, like Fidelity or Schwab. 2. If you're working, watch a youtube video about how Roth IRAs work, and open one at your brokerage of choice. 3. Buy into low cost index funds, like the S&P 500, and a solid mid cap, small cap and International index funds, to round out a \*FULL\* "total market" 4. Let this be your "core" (majority) positions, but don't be afraid to go look for the occasional actively managed sector fund if it's done well for a long time (FSELX, for example.) 5. Invest similarly in your workplace's 401k/457b/403b for pretax savings. 6. Don't be afraid to buy into the occasional single stock as well, if you TRULY believe in the company - don't let it be a huge percentage of your portfolio though. 7. ??? 8. Profit. This is EXACTLY what I've been doing, with very nice results.
Invest into semiconductors. FSELX. You may get 17% returns.
Just buy a semi fund or etf. Dont wait. I’ve owned FSELX for 25 years and it’s made me a monstrous amount of money. DM me and I’ll tell you. I’m not shilling for it, but FSELX is more affordable than most to get into at $30.46 (up $1.16 today). The drawback is that it’s a Fidelity fund and settles at the end of the day, so you can’t jump in and out of it. On the other hand, you can’t jump in and out of it. On days like today when NVDA was pumping, the wait for it to settle at 5:30 EST….
I bought shares of NVIDIA right before they split in 2021. I’ve bought more shares in ‘22 and ‘23. When they dropped from around $720’ish down to the 680s, I dropped an extra $500 because they were on sale. They went back up 2 days later, and now they’re knocking on the door of $800 again. VERY happy with where they’re headed. I’ve also been in FSELX Semiconductor fund for almost a year, and I’m already up nearly $1,200 thanks to NVDA being around a quarter of the fund. But check their history - they’ve been killing the market since way before the recent AI/NVDA boom.
Semi ETF is best to capture the full growth of the market. FSELX at Fidelity is good.
Just looked it up, that thang FIRING. You don't think it's too late to hop on the FSELX bandwagon?
FSELX (Semiconductors) is another solid Fidelity fund in my opinion.
Normally I'd go with FXAIX, Fidelity's S&P 500 fund, but in this specific case, I'd take FSELX, Fidelity's Semiconductor fund. Over the life of both funds, FSELX has done better by a few percentage points. In real life, I've been invested in FXAIX for at least the past 10 years, and just got into FSELX last year, and it's going gangbusters thanks to NVIDIA and AI stocks. But FSELX has done better than the S&P over the past 20+ years, so I'm confident that it will do well post-AI boom.
In my recreation fund I have : AAPL FSELX FXAIX FEKAX NFLX NVDA QQQ But in my 401k and Ira’s I am much more diversified.
Not directly in NVDA but I have owned FSELX semi conductor fund of which 27.21% is currently NVDA for many years now. At the time of purchase it had a history of outperforming the S&P 500 and with everything becoming digital, IoT taking over, and AI on the horizon I expected huge demand. I thought tech in general would outperform the overall market so I also bought FSCSX to cover the software side. I haven't been holding it though. I primarily invest in broad market index funds. FSELX is 5% of my asset allocation and I have rebalanced every year to keep it there because it outperforms. The same for FSCSX which is another 5%.
NVDA is 4.3% of my portfolio. (I sold a bunch last March when it first exploded). But 6.8% of my portfolio is FSELX which is based on the MSCI Semiconductor index. Along with S&P 500 and other funds, they all are heavily weighted in NVDA and other semiconductor related companies. That said, I think the big returns in AI are still ahead of us. AI is big because companies will use it to transform and optimize their businesses. The business transformations of the dot.com boom weren’t the network card manufacturers. It was the companies that figured out how to create brand new markets and services using the internet as a platform. (Remember when Amazon only sold books?) The future of AI is the companies that use machine learning and deep learning to create markets and services we still cannot conceive of. Cyber defense companies and language translation businesses have an early toehold in these business models. I’m betting on the companies that can help other companies implement their AI driven vision for their business model. For example, I expect IBM to help future Amazons deploy AI driven business models. I expect Lockheed to do the same in engineering and defense. T-Mobile has already applied AI to identify customers likely to jump to other carriers and to identify ways to retain them. I also have a small position in quantum computing (QTUM etf). Quantum computing has the potential to increase the speed of processing intensive applications like AI by a few orders of magnitude.
FSELX is a semiconductor mutual fund, not an ETF. FTEC is the Fidelity infotech ETF. Small and midcaps have a difficult time in a high interest environment. Learn patience and look at recent ETF performance, not your personal return on a recent buy date.
If you are in Fidelity you can search their funds if you want to be more aggressive, but I would get a strong base of 500 funds. FSELX picked top up the NVDA boom. You can search the 3 year and 5 year returns and start funding some new specialty funds.
My battle plan with Nvidia was to take some profit when it passed $700. I also have a stake in FSELX which has 26% in Nvidia so I've taken profits from that too. As a young investor... Would I invest in Nvidia or some other semiconductor fund? Yes.
I'd pick up some FSELX if you're with Fidelity. Great Semiconductor fund that's been doing great since the NVIDIA/AI boom, but if you check their history, lifetime they're up 14%+, and have been doing well for over 10 years.
The most important thing to remember and understand: 1) The Power of Compounding: If you look at any investment calculator you can calculate potential investment returns over 20-30 years. It’s never too late to invest. If you just invested 50k in the SPY today with a $200 monthly contribution over the next 20 years, you will have roughly $1.2M. Over 30 years, you would have 5M. If you start with just a 10k balance and saved $200 monthly, you would have $1.2M. The point is, it’s never too late. 2) Buy great companies, with great CEOS, that have a track record quarter after quarter of delivering strong growth. $PLAB, $CLS, $INFA, $ENPH, $NVDA, $UBER to name a few. Develop a passion for investing, and make the time to educate yourself. Read quarterly earnings reports of the companies you invest in, or listen to earnings calls. Keep CNBC streaming in background. By understand what’s going on in the market, you will make better and better decisions. 3) For a more hands off approach, seek mutual funds with the best track record. The two best funds of last 10 years are $FSELX and $BPTRX. Both funds have an annualized returns of 20%+ every year for last 10 years. That means if you just bought those two funds and held them you would beat my SPY compounding example above by 5 %. That nets you $5Ms on a $10k starting balance over 30 years. 4) Stay invested in good companies. You will never time the market. Trust me, I’ve tried. Learn from my pain. Own it, don’t trade it forces you to buy quality. 5) Get passionate, and educate yourself about the tax code. Phantom income in the form of tax savings is real income. Understand the power of good leverage, and leverage the bank by investing in real estate instead of letting the bank leverage you with credit card debt. Read the following books: Rich Dad Poor Dad, Market Wizards, Confessions of Street Addict. Understand the history of the market and pay it forward. Finally, the biggest myth is most people don’t realize that no matter how much money you make, you can be a millionaire if you invest and save.
The expense ratio on FSELX is 0.69%. Maybe SOXX instead? 0.35%.
FSELX or similar. Semiconductors are critical for all of the stocks in your portfolio (which could really be just QQQ or QQQM).
VGT, XLK, SMH, FSELX that’s all you need to retire with $100M at 67
Unfortunately, I am not anywhere near the highest bracket. But on the bright side, I am guessing that my post-liquidiation returns would be slightly better than the official "worst case" returns. >Because FSELX is an active fund or it may need to rebalane it may produce some capital gains each year that needs to be passed through to you that you will be taxed on Even with the annual capital gains burden, does it look like the higher annualized returns for FSELX would overshadow the capital gains tax, say for the 22% tax bracket? I am not sure how to make a valid comparison. I am planning to hold this for several years.
Yes and I would assume because everyone taxes are different those amounts assume you are in the highest bracket. Because FSELX is an active fund or it may need to rebalane it may produce some capital gains each year that needs to be passed through to you that you will be taxed on VUG is an ETF and they can largely dodge these capital gains and deffer them until you sell So even the post liquidation most likely assumes you are in the highest 37% tax bracket
>These include taxes on dividends and capital gains, assuming high federal income tax bracket (no state/local) This is in the footnotes of the annualized returns. Since this is in a taxable account, do I need to consider anything else when comparing FSELX vs. VUG? In other words, do I just ignore the Tax Cost Ratio and just look at the the Post-Liquidation percentages?
Yes the expense ratio comes right out of share price so its included So yes it looks like FSELX has beat VUG the past 1 , 3, and 5 years. Going forward who knows
**How do I Compare Funds vs. ETFs in a long term taxable account?** I am trying to figure out when the conventional wisdom of choosing ETF's over mutual funds in taxable accounts can be ignored when the performance of a fund is much better than the ETF performance. As an example, I am comparing FSELX (Fund) vs. VUG (ETF) even though they aren't comparing the exact same industry and hence their risks are different. I have tried to summarize the annualized returns as below: # Average Annualized Returns ||1 Yr|1 yr|3 Yr|3 Yr|5 Yr|5 Yr| |:-|:-|:-|:-|:-|:-|:-| ||**FSELX** |**VUG** |**FSELX**|**VUG**|**FSELX**|**VUG**| |Pre-Liquidation |75.21% |35.70% |20.30% |8.70% |31.76% |17.30% | |Post-Liquidation |48.24% |21.40% |17.42% |6.80% |27.90% |14.10% | |Tax Cost Ratio |1.64% |0.16% |1.71% |0.18% |1.81% |0.26% | These include taxes on dividends and capital gains, assuming high federal income tax bracket (no state/local) I can't tell if this includes the expense ratios, but if needed, FSELX is 0.69%, while VUG is 0.04%. Would the FSELX be better a choice than VUG in a taxable account, or am I missing something? I understand the usual disclaimer that past performance doesn't guarantee future performance and the differences in risk. (Am I posting in the right place? Or should this question be a main posting in r/investing?)
You don’t have to day trade your way back and you don’t have to put it in a ‘safe’ index like the S&P. You have time on your side so go for one of the Growth Indexes or Mutual Funds that have a high rate of return over a 10 year average, NOT Leveraged). FSELX for example is a mutual fund has an average 10-year return of 24%. SMH is similar in terms of exposure and is an ETF. You can learn TA - just practice with a Paper Account and invest a fixed amount- say 10% of you portfolio to ‘gamble’
Just because a stock has had a good run does not mean there’s nothing left. You can’t judge the future of a stock based on the fact it’s done very well in recent times. AI will be huge, and familiar names will continue to evolve with it. NVDA, AMZN, META. Or, if you’re uncomfortable then I’d recommend an ETF or mutual fund that has a concentration on this sector . Fidelity Select Semiconductor (FSELX) is one such option.
I use fidelity and have FTEC, FSELX. XLK or SMH are kinda similar (respectfully).and recently got a position in the fidelity Bitcoin eft FBTC. I use FSPGX over FXAIX. it seems to be a more tech weighted/growth oriented S&P 500 fund. I'm rolling the dice on nuclear/uranium with URNM ETF since there seems to be a uranium shortage currently manifesting. It's volatile but could be a cheeky play if you manage your exposure. I am relatively new to investing (6 months in). Do your own research and good luck 🤙
You are too young to be focusing on high divs. You are sacrificing growth in those stocks. I would say the same about SCHD. Better to go with QQQM, which is cheaper than QQQ, nearly identical, but has a lower expense ratio, and performs very slightly better. Other than that, I like it. Of all my stocks, QQQ has been the star performer by far, for more than 20 years. Also FSELX, a semiconductor fund, which you have in SMH. Those two, the QQQ(M) and SMH, is where I would concentrate.
I’m holding FXAIX in mine that tracks the S&P and it’s performed well YTD. I also bought their semiconductor ETF last year that’s delivered 74% YTD. Its largest holding is Nvidia; FSELX. Both are worth looking into.
FSELX and VGT have beat it for the 10yr average so yes
Have tried to stock pick many times in my life thinking I could beat the 500. Have taken 50K and given myself 2 years. I would be happy flipping for a thousand here, thousand there, then get in a losing position that would take my capital, or lock the capital up waiting for it to come back. Never beat the 500 long term. Had my winners. Eventually had 40K of AAPL, and the stock soared. I could not sell it due to crushing capital gains tax. That was in 2018, and now it split, and soared again. Have 1000 shares, after liquidating 100 shares a year....and it still zooms. Now I am 35% 500, 35% QQQ, and the rest in AAPL, as well as specialty indexes....FSELX is a shining start last year...but heck FNCMX did 50% last year.
FSELX has been mighty good to me. I’ve had it 20+ years. I’ve just left it alone to compound. Wish I had held on to my 1990 MSFT shares.
FSELX has been mighty good to me. I’ve had it 20+ years. I’ve just left it alone to compound. Wish I had held on to my 1990 MSFT shares.
I also have Fidelity, but my employer allows me to use something called Brokeragelink. Within there I can buy anything I want. The ETF I referred to is `FSELX`
Everyone has a different threshold, and sometimes investors find safety when they withdraw their initial investment and play forward on their profits. Kind of like certain gamblers. I got interested in NVDA around $100 then took some profit when it hit $300 around the end of 2021. For the next 18 months I dollar cost averaged through another dip in their share price. Now I'm wondering if another round of profit is in order. That said, NVDA is a common holding in many of my mutual funds, I think the largest holding is in (FSELX) Fidelity Select Semiconductors where it's around 25%, and (FBGRX) Fidelity Blue Chip Growth holds about 10% in their portfolio. This is telling me that fund management teams find value in NVDA.
FSELX is up like 78% in the last year. Other than individual stocks or options, what beat that? I've long been a advocate of that fund.
I let Fidelity manage 1M for me. They lost over 100k in a little over a year. I took over and in 10 months gained $160k. I put 2/3 in JEPQ and 1/3 in FSELX. Check my history for details and to validate. JEPQ is up $95k today including share price and dividends. Fselx is up$67k in share price and distributions. All proceeds are reinvesting every month. I will start withdrawals in a couple months as I am almost out of cash, but I'm now 60 years old, so no penalty.
TQQQ and FSELX are the only answers
FXAIX, FNCMX, FBGRX, and FSELX. 25K in each one.
Assuming that you have an allocation already in mind, normally, it's customary to rebalance the portfolio. What that means is that - at some time in the past - you decided that your portfolio should be 75% FFNOX and 25% FSELX. If you still believe that your risk-on allocation still makes sense, you would sell/buy so that the allocation 75/25 stays the same. If you want to re-allocate more conservatively, you can add a bond or fixed income slice. But for a long-term retirement IRA - having a cash allocation may not make sense.
This is a stupid question, I know. 75% of my rollover IRA in Fidelity is in FFNOX. Essentially has grown from 43k to 65k since 2019...with me honestly not really doing much to it. It looks like twice a year shares get added (dividends?). With funds like these...does it ever make sense to take the profits and put them into cash because of the growth, or do you just leave them for years and years to come because of all the compounding interest? Does it only make sense to take profits when it comes to individual stock trades? The other main fund (12.25%) is FSELX which has grown 162% since 2020, from $4k to $10k. Same thing, twice a year shares get added (dividends?) without me doing anything.
Index funds unless you are researching stocks heavily. I use fidelity and have a broad US market/S&P 500 (FSKAX/FXAIX OR FSPGX), broad international (FTIHX), and maybe some tech funds like FTEC & FSELX if wanna dabble. HYSA are good if you wanna play it safe. That's all you rly need IMO.
QQQ has Broad tech. I would not tell anyone just getting in the market to go FBGRX, FSELX....but I have them.
Voo needs to be the base. From there wander out. I have FSELX, FNCMX, and many others that beat the 500....In the long run the 500 as a base is solid. The ones you mention are Chips, and tech which like the nasdaq have beaten out the 500. I mix about 50% in the 500, and the other 40% in indexes like this. I also have about 3% in long term options on QQQ and SPY along with AAPL which has outgrown itself to about 5% which I cannot get out of it due to capital gains taxes.
Looks good. Im very new to this stuff so do i wouldn't know what's best but from what I've learned it looks pretty good. I've seen many ppl saying they won't be getting into bonds until closer to retirement (50s) but that small of a % probably doesn't hurt. I've got 70% in FSKAX/FXAIX, 20% in FTIHX, 10% SPLIT BETWEEN in FTEC/FSELX. I stayed away from the zero funds because they could trigger a taxable event in the case you leave fidelity. If you plan to stick with fidelity, I'd say you're golden.
I do about the same split. I also own some sector funds like FSELX, FBGRX, FOCPX, FSCSX, etc. Several years ago I searched the 5 year and 10 year returns and selected aggressive funds.
TWST but they’re up a bit now. I have faith in the management team and ability to scale. They’ve been beating estimates frequently and have a solid at least temporary, maybe long lasting, competitive advantage on their core process. FSELX because I’m a semiconductor bull and it has always treated me well. TSLA - I see a lot of growth catalysts in Tesla right now. Like an Apple 07 moment.
I’m up even higher on my O, almost 25%. Holding that though. Have almost 10x more invested in O than I did VICI. I bought more TWST, which I’ve been buying since October, FSELX, and TSLA. Bragging here is kinda dumb because I’m on subs where I’m by far the poorest person and also on others where I’m one of the richest. It’s all relative. As long as I’m hitting my personal goals that’s all I care about. Hopefully you can open yourself up to a mindset like that in 2024, all the best.
My first feeling is that FSELX and FTEC had a great year because they have a high percentage of mag 7 stocks and its on sector. They will be more volatile with big swings. FXAIX will be less volatile, and the bottom end of the fund is starting to perform better than the top.
Do you think that both FSELX (Semiconductor Portfolio) and FTEC (MSCI Information Technology Index ETF) outperform FXAIX (S&P500) during the whole 2024 enough to justify the difference in expense ratios between them and FXAIX? Feel free to elaborate your opinion and please if it’s a dumb question don’t hate, I just want to read you out.
Please help with Roth choice. (i have a managed acct with Fidelity and I manage my ROTH. I’m a novice for sure) I have around $65k in a Fidelity ROTH, split between FSELX- Fidelity Select Semiconductors (mutual fund) and FSPTX- Fidelity Select Technology (mutual fund). I plan on adding max 2024 contribution of $8,000 in Jan, and putting it in VTI. I plan on retiring in 7 years and not sure if I should sell the 2 Fidelity stocks and put the 60k in something better. I’d be very grateful for some advice.
I like Nvidia but play it safe with a fidelity fund FSELX, largest holding is Nvidia at 25% currently but it has many other companies that I like in this space. Had it for 5 years it’s been good for me, best fund I own. Keeping it until retirement and beyond!
Solid for a 19 year old? Put in 4k about 5 months ago at my highest i was up $454, is it good to hold for a few years then sell? I just started putting in 10$ every week in FSELX and FOCPX . Lmk y’alls opinion. Nothing major just had money I didn’t want in savings . Also the 4k is in FSELX , FOCPX and FSPGX.
The more I try and learn the more confusing things get. I just keep pumping money into random index funds. (VOO, FSELX, FXAIX). I don't know what I'm doing so maybe those are stupid but so far they've been going up.
This my thoughts exactly. Everyone saw these 5% rates and missed QQQ going up 54% this year. My semiconductor fund FSELX went up 77%. Heck FSKAX went up 25%. OP- Who told you bonds were a good choice with a 30 year horizon. Just curious how you got there. The fund you mention is a great fund. I also have FXAIX, FNCMX, FSELX, FNILX, FOCPX as well as others.
>but I figured after lots of accumulation it would add a healthy chunk of change into my portfolio. You'd stay away from the dividend fund? Yes, I'd start away. Dividends aren't free money: the price per share drops by the dividend amount, resulting in no change to your account value (which is what ultimately matters, right?), a $100 share would become a $98 share + $2 dividend. >With FSELX I just see Semiconductors being more and more valuable in the future. It's just a bet Im willing to take. Just because they'll be important doesn't mean they'll outperform the broader market, as the market is already forward looking. What matters is how semiconductor companies do compared to what the market is already expecting of them, so by holding a tilt towards them (especially one this big, typically 10% or less of stock is recommended for bets like that), is that the market isn't already properly valuing the sector (even though they almost certainly have more experience, time to do so, access to information, programs to analyze information, and knowledge of what news would likely mean for stocks than your likely do). My bit on international is long to the point it is safest to do as a separate comment, coming in a minute.
I see what you're saying about VOO and VTI. I'll consider selling off VOO and rolling it into VTI. My only thinking is somewhat of an experiment and hold them both and check in as the years go by to see which one performs the best. I know the expense ratio is higher, but I figured after lots of accumulation it would add a healthy chunk of change into my portfolio. You'd stay away from the dividend fund? With FSELX I just see Semiconductors being more and more valuable in the future. It's just a bet Im willing to take. I have no solid answer as to why no international, I need to spend more time researching some international funds.
>I know VOO and VTI have a lot of overlap, I like the extra small and mid cap coverage. Then drop VOO, as VTI already fully includes it (to me "lots of overlap" isn't strong enough). >SCHD ~ 30% Why take a dividend focus? They aren't free money. >FSELX Why a sector time? Also, why a specific part of a sector? Why no international coverage at all?
Late to the party, but I have a semiconductor fund, FSELX, that’s been very very good to me. There are others if you search them out. Lately I’ve been wishing it was an ETF instead of a fund. On the other hand, being a little harder to sell probably prevented me from making costly mistakes.
I use different strategies for our retirement accounts and brokerage. Retirement accounts are all index funds - 60% S&P, 30% total stocks, and 10% semiconductor fund (FSELX). Brokerage account is all stocks - mainly blue chips but diversified. However, due to the returns, heavily skewed towards tech and I am comfortable with that. I own 4 of the magnificent 7 stocks. Here are couple of stats, to give you a different perspective on the market: 1. 70% of this year’s S&P returns are from the magnificent seven. 2. 87% of this year’s returns from global stock markets are from the magnificent seven + TSM, SAP, and ASML.
Genuinely curious why you chose FSELX instead of SMH?
FSELX is Fidelity’s select electronics mutual fund where NVDA is the number one holding.
Your picture is a different fund. However FSELX has treated me well the past year. And previous years.
Fidelity offers their FSELX fund, which provides affordable exposure to semiconductor related equities.
If you're looking for diversification within the semiconductor industry, FSELX has seen a yearly average return of 25% over the last 10 years
One of the best things you can do for your future self is invest into low-cost index funds. Nothing terribly conservative OR super risky about them - they track an index, and don't generally do better or worse on average than the index. But over decades, if you continue to invest in them, they're fully diversified, so you spread out the risk among many equities and sectors. My core portfolio consists of a large, mid and small cap, plus International index fund. Large cap is typically the S&P 500 fund. Fidelity's FXAIX is just about the lowest cost fund available at only 0.015% expense ratio ($1.50 per year, per $10,000 invested.) This invests you into the total overall market - a little bit of everything. Also gives you more dividends and potential capital gains vs just owning a single "Total market fund", which doesn't always even have much, if any International inside of it. From there, I bought into some other funds that seem to be doing very well in other sectors, and the occasional individual stock, but those index funds are the majority of my Roth portfolio. I was lucky that my employer happens to also offer FXAIX in their 457b, so of course I bought into it there as well. I'm about to turn 50, and I don't own a single bond fund - why? Because I've been playing catch-up for the past couple of years, and if I want the money, I can't be investing in low-return items like bonds. Will I eventually move to some bond funds? Yeah, probably within the next 5-7 years, just depends how well my investments are going at that time. For you, being in bond funds this young is just a BAD move. Maybe keep what you have already invested into one or two at the most - bond funds, but put the vast majority of it into funds that are going to outpace the market. Here's one for you to check out - Fidelity Select Semiconductor fund, [FSELX](https://fundresearch.fidelity.com/mutual-funds/summary/316390863). I've owned it for just under a year, and I've already gotten great value from it. This isn't some recent "Oh look, AI is the hot thing right now" fund - it's been doing well for decades, and was created in the mid 80s. For me, this is an essential buy and hold for the long term, but you need to do your own research. Check it out.
FSELX - Fidelity Select Semiconductors Fund. The return has been insane…50%+ YTD.
Just recently invested for the first time $4000 $3000 fidelity SP 500 (FXAIX) $900 Fidelity semi conductors portfolio (FSELX) $100 Apple How did I do?
Hello everyone, I have recently decided that I need to start taking investing seriously. I have listed my investment diversification below, which does not include my ROTH, 401K, and Emergency fund. If any of you could please give me some advice I am 24 years old, I think I make good money for my age and would be more aggressive if I had guidance. IBA: AAPL: 20.5% AMZN: 44.2% KO: 11% O: 17% Cash: 7.2% I want to invest more just unsure where (I will add more once I gain a better knowledge of where to put it) Savings/ETF (I want to have 70-80% of my savings in ETFs for long-term investments I do not need the ETFs to be readily liquid) ETFs: FSELX: 1.6% ONEQ: 3.4% PSI: 0.5% QQQ: 3.6% VT: 9.47% Cash: 81.25 Respectfully please rip my investments apart lol Thank you to everyone that has given me advice, it is greatly appreciated.