FSKAX

QVP1

After you max both 401k and IRA every year, if you still have more that you want to invest, then sure just a total market index fund in a taxable brokerage account. If it's Vanguard, then VTSAX/VTI If Fidelity, then FSKAX And if you have a qualifying health insurance plan at work, then contribute to an HSA too. Listen to this podcast. Yes, investing really is this stupid simple. [https://www.morningstar.com/podcasts/the-long-view/c8a0b64e-0df8-4fc3-90d7-09bcd38544fd?utm\_medium=referral&utm\_campaign=linkshare&utm\_source=link](https://www.morningstar.com/podcasts/the-long-view/c8a0b64e-0df8-4fc3-90d7-09bcd38544fd?utm_medium=referral&utm_campaign=linkshare&utm_source=link)

Newbiewhitekicks

How were you going to invest it? Remember that unless you open an IRA there will be tax consistencies if you invest it and sell anything. You should google how much this money will compound to if you stick it in FSKAX till you’re 40

Newbiewhitekicks

5 years is an insignificant period of time when analyzing performance. QQQ(M) is just 100 stocks that trade just on the NASDAQ and it doesn’t include financials. It also includes Pepsi but not coke because that’s what trades on the NASDAQ. I’m not sure why anyone would want that. These kinds of risks are called “uncompensated risks.” Anyway, if these 100 companies do well then they do really well, but if they stop doing well then it crashes hard. Generally speaking you don’t want this kind of volatility. If you truly want to invest this money, and you should, then you want VTI (a vanguard product) or FSKAX (a fidelity product) or SCHB (a Schwab product). Which brokerage are you using?

QVP1

You're gonna be a very rich retiree. :) After 401k and IRA are both maxed every year and you still want to invest more. A simple index fund in a taxable brokerage is all you need. If you use Vanguard, then VTSAX. If Fidelity, then FSKAX, but you could do VTI if you prefer. They're essentially all the same. I don't even bother with HYSA. You can get everything in a single brokerage. In either Fidelity or Vanguard, just buy the total market index fund, then for however much cash you want to keep in reserve, leave that in the money market fund. You really don't need to do anything else. You can also buy Treasuries and/or CDs in the same account too, but that's not really necessary unless you really want to lock in a specific rate for a specific pre-defined future expense or ladder for a series of expenses. I am 100% Roth IRA and a taxable brokerage. Nothing else.

AICHEngineer

And the best thing is, *you* can beat the average investor as simply as possible. What "one size fits all" basically always means "one size fits none", by definition the average portfolio is the market cap weight portfolio. Simply holding this portfolio beats most active management options, *especially* after the fees they charge. You can buy a proportional share of all public US companies for ridiculously low price of 0.03% per year, its astonishing how cheap index investing has become. If you buy *and hold* (dont try to time the market), you will beat more than half of all investors easily. In financial academia, we call this the "investor return vs invest*ment* return". The investment (just buying in holding), statistically outperforms the average retail investor, even if theyre buying and selling the exact same fund, because theyre emotional, switching between fear and greed, selling when the market drops and missing the rebounds, sometimes ignoring paying off high interest debts to shovel money in near market highs and needing to sell to cover payments during a crash. Just buy a total market fund like VT for the whole world or VTI or SCHB or FSKAX for the entire USA market alone. Theyre cheap expense ratio (share price does not matter, they move the same % each day, the ETF price is just an arbitrary proxy for the underlying index constituents), theyre tax efficient, theyre hands off.

EMPAEinstein

I'm about to turn 40 and had a similar thought but my approach was somewhat different. My student loans will be paid off at the end of the year at which time I'll be contributing approx. 44% or 264k per year between employer profit sharing, maxing out 401k's and taxable accounts. My spouse and I's retirement goal is >=10 mill in equities by 57/58 when our daughter goes off to college. We can either continue investing into FSKAX/VTSAX for the full 264k until our goal retirement age which at a 7% RoR would be > 10 mill or go 214k in index funds and 50k per year into VBTLX to build up a dividend portfolio that could generate 250-300k per year without ever having to touch the principle. The latter method would total about 9 mill in equities and 5 mill in VBTLX (2 mill through yearly investing, 1 mill from conversion of equities into VBTLX, and another 2 mill from the sale of our home). We can absorb the taxable dividends due to our combined income but figured this was a better method than a huge tax big from large equity sale closer towards retirement. Thoughts are appreciated.

EMPAEinstein

After student loans are paid off this year. 264k/yr or 22k/month. 600 HHI essentially all FSKAX OR VTSAX depending on which account.

Ok_Assignment4100

Thanks for the suggestion. For context, I'm still relatively young at 40 (Haha) and really just started investing last year. At this time, I have my allocation as 60% (FSKAX), 30% (FTIHX) and now 10% (FXNAX). Plan to retire in another 25-30 years, if that helps.

helloitsmehb

FSKAX

thetreece

1. I would recommend more international. 60/40, 70/30, 80/20, whatever allocation you want. 2. I wouldn't hold bonds in a taxable brokerage account. It's a bit tax inefficient. 3. Yes, more international. 4. Keep the TDFs in your 401k. Just use the Fidelity Total US market, Total international, and bond market funds. FSKAX, FSPSX, and FTBFX. Consider the the ZERO fund equivalents in your tax advantaged accounts.

Based_Commgnunism

FXAIX makes up 80% of FSKAX so there's really no reason to hold both.

ziggy029

If you want to just replicate the total global stock market, you don't really even need FXAIX here since FSKAX contains something like 80% US large cap and the combination of FSKAX and FTIHX has it all. Of course, if you want to overweight US large cap, your three funds work great together.

sh1ft3d

FSKAX would provide more diversity for small and micro caps outside of SP500.

SteppnWolf

Follow the boglehead approach until you have a nice sizeable chunk invested in broad market low cost index funds. Once that's established you should have an idea on how to research companies, and get a better idea on what stocks you want to invest in individually. Limit it to 10% of your portfolio. I just started investing about 4 years ago. Majority of my money is in VTI/VOO/FSKAX/FXAIX. I have a small amount in VUG/FSPGX and BRKB. So the only individual stock I have right now is BRKB. My base is almost set and soon I'm gonna look into some other individual stocks.

Euthoniel

If it is in a 401k where those are your best options it is fine. FSKAX + FTIHX would be more diversified though.

TheBioethicist87

If you’re starting at 18 any amount is helpful. If I were in your position I would put it in a broad index fund or ETF like VT or FSKAX/FSPSX and just chill. Getting rich quick requires luck. Getting rich slowly only requires patience. Don’t worry about picking winners, just get your fair share of market returns (which will do better than most people) and use your best advantage, which is time.

Phuffu

Open a Fidelity account and invest $100k between FSKAX and FSPSX. After you have $100k in the market you can begin buying and selling individual stocks. Until then you have no business trying to trade. Seriously.

GOOGAMZNGPT4

My ATH was Feb 13.  Dropped 30%ish, bottomed April 8th. Continued to DCA in with regular contributions through the turbulence.  Used cash reserves to buy the dips on several single picks, & FSKAX, & FBTC. My single picks are up anywhere between 15-75% I'm at a new ATH valuation, but more importantly, I own more shares - fuel for the rocket ship. During that whole time, I ignored the idiocy of reddit that said to move to cash or European lol So obviously stupid.  Buy the dip and wait and don't get emotional.

Comfortable-Dog-8437

For some reason I thought FSKAX was the total market but I guess its total USA market? I was intending to include some international in this so adding FTIHX would accomplish that. 👍

DaemonTargaryen2024

Great start. FSKAX is \~65% of the global market, so it's worth considering adding some international as well

McKnuckle_Brewery

FSKAX indexes the entire U.S. stock market. You don't need to do anything else except contribute annually and buy more. Yes, you could own some international stock. When you are much older you'll add bonds. But you don't need to worry about the simple and effective approach you've taken.

max-at-origin

Skip the IUL for now - it's expensive and complicated. You're young, so Roth IRA is your best bet. Open a Roth at Fidelity/Vanguard, dump the 5k into a total market index fund (VTI or FSKAX), and keep adding what you can up to the yearly limit. The beauty of Roth? You pay taxes now when you're in a lower tax bracket, then all future growth is tax-free. Plus you can pull out contributions anytime without penalties if needed.

TheEndIsNigh2028

There are countless stock etf's and mutual funds that build their stock around the sp500, such as VTI, VOO, ITOT, FSKAX, SPY etc, etc. The top 10 holdings in all of them are basically the dame with only different distributions.  VTI is Solid, but certainly not the best sp500 variant. TMFC and SCDG historically have been the 2 best variants since their inception when compared to stocks like VTI. VTI is simply the oldest and most well known. I used it 15 years ago when it was the best, it no longer is the best in its category and I split my growth funds 50/50 between TMFC and SCDG. Also, if you understood the sp500 you would understand why there will be growth so long as there is a functioning government. The sp500 is an index that tracks the 500 largest companies in the USA. Stocks like VTI and VOO use that as their base for knowing how much money to allocate into what companies each quarter, buying and selling according to which companies and rising and falling.  The only way VTI/VOO would collapse would be if the 500 LARGEST companies in the USA all started failing simultaneously. Think companies like Apple, Amazon, Walmart, Costco, Chevron, Facebook, Disney, Nvidia, Microsoft,Chase bank, JPmorgan bank, McDonald's, Starbucks, Netflix, etc etc... A couple dozen companies go in and out of the sp500 every year and the funds are redistributed to the current highest performing companies. This is why it always grows. Meaning if VTI crashes, all the companies I mentioned above along with the other largest companies in the USA have crashed, this would include all the major banks in the USA. This is why there is no need to be skeptical, so long as there is a functional government and things haven't devolved into pure anarchy you are fine.

caashmerr

FSKAX and FZROX are both total market funds, so they are invested in more companies than FXAIX (which is only invested in 500 companie). FXAIX and FZROX are therefore theoretically more diversified and a better investment If you plan on staying with Fidelity, go with FZROX. If you think you might switch brokers in the future, go with FSKAX.

Gunnar0410

Which fund would you recommend, FSKAX and FXAIX are basically the same. I’ve heard FZROX is best for Roth because of the tax free benefits

Joanne819

I appreciate this, and all the advice, and am glad I posted. I have strict plans not to touch any of this for at least 5-10 years, I just felt like I had to rush to start because of where the market is at. But after all this advice, I am hearing that with index funds, it's not about buying a ton at once and it's more about time and consistency. It sounds like it's quite different with individual stocks. I decided to cancel everything and just invest 3k in FSKAX, which is still a lot, and then I am going to do a lot of research and learning and note taking and come back with a solid plan. I should probably cancel it all and just do 500 FSKAX or even just wait but, this is what I am currently am thinking.

Joanne819

Did I make a bad investment decision? Advice quick, please? I have never invested/bought stocks as I felt like I never knew enough. I heard about the giant dip and that it was the right time to buy. Unfortunately I heard AFTER things already went back up. But I asked a friend who does well financially and invests if it was a good idea (as in not neutral but smart) to still buy and they said yes. I didn't want to miss out further. So at like 11:30 (CT) last night... I took 10k from savings and purchased: * FSKAX (Fidelity Total Market Index Fund) $6,000 * AMZN $500 * NVDA $500 And my plan is today to buy: * FUAMX (Fidelity Intermediate Treasury Bond Index Fund) $1,000 * Or should I actually buy FXNAX (Fidelity U.S. Bond Index Fund) * FIVFX (Fidelity International Capital Appreciation Fund) $1,000 * Or should I actually buy FTIHX (Fidelity International Index Fund) **Did I make a mistake doing this, as in did I miss my time? I'm hearing there was an historic increase in the market, but I imagine that is specifically in relation to the huge dip, so it's not like I'm making a dumb timing decision given I missed things earlier? Should I cancel anything before the market opens since the three I purchased are still in pending status?** **I haven't purchased the FUAMX or FIVFX. Should I hold off? And if not, are those the right ones, or should I do the alternatives listed (FXNAX and FTIHX)?** My other friend said he thinks I should do 7k FSKAX, 1500 FTIHX, and 1500 FXNAX "because you already have exposure to AMZN and NVDA in FSKAX, and it only makes sense to buy individual stocks if you can pick a winner. In order to pick a winner, I simply ask myself, am I Warren Buffet? This portfolio puts you at 85% equity and 15% bonds." I clearly don't know a lot and am going to take a lot of time going forward to learn but for right now... Give me your honest feedback and advice please?

Cruian

>Not sure tax efficiency is a real advantage here but someone else can correct me. ETFs have a mechanism that can help minimize and even negate the need for capital gains distributions (a taxable event). Select Vanguard mutual funds have a special design that allows them access to the same trick (the ETF and mutual fund version share the same pool of holdings, VTI & VTSAX for example), but as of right now other mutual fund providers don't have that ability (I've seen one article mention some people expect that to change possibly this summer). However, index mutual funds can be very tax efficient and even go years without a capital gains event even without the trick (FSKAX for example had their last capital gains distribution in 2019).

MYOFBYALL

Of FSKAX drops to $115 or lower, I'll lump sum buy. Otherwise, I'm $125 a week.

VegasWorldwide

thats only what I would do. $100k lump sum and DCA from there but you need to set your DCA amounts and be disciplined with them. Maybe $10k every Monday. That'll give you 40 weeks to get the entire amount in and if we have some large dips along the way, make some larger contributions. if we get back to ATHs, then I would stop the $10k. if you don't know how or what to invest, just pick the best index like FXAIX or FSKAX and let the market do its thing.

Amb688

I (45M) am DCA bi-weekly into FSKAX/FTIHX/FXNAX in a Fidelity taxable account after maxing out 401K and Roth IRA. I have some positions with Ameriprise that I used to have them managed and I'm unable to move them to my Fidelity account: GIRMX (3.5K) / GSINX (19K) / PRXXX (43K). Question is should I let them be or should I liquidate them and buy the 3 funds mentioned above?

Amb688

I (45M) am DCA bi-weekly into FSKAX/FTIHX/FXNAX in a Fidelity taxable account after maxing out 401K and Roth IRA. I have some positions with Ameriprise that I used to have them managed and I'm unable to move them to my Fidelity account: || || |GIRMX|3537| |GSINX|19559| |PRCXX|43681| Question is should I let them be or should I liquidate them and buy the 3 funds mentioned above?

Creepy_Top5912

I just bought $64,000 of FSKAX

xSAV4GE

My mom has figured out how to buy in the market 😅🤦‍♂️. For some reason I receive notifications of her transactions ever since I set up her account through my phone. I set her up with automatic purchases of FSKAX but now I get a notification of a purchase of GLD. Doesn't seem like a bad idea but I'm actually surprised lol.

TarnishedEM

Guess what is up 115% since March 2020? FSKAX. Regard.

Red_Bullion

You can get anything, doesn't have to be Fidelity, but Fidelity has great options. For US you have FZROX or FSKAX. These are total US market funds. FZROX is zero fee which is pretty neat. There's also FXAIX if you'd prefer S&P500 to total US market. For international you have FZILX and FTIHX. Both are total international market funds. FZILX is zero fee which again is pretty neat.

KnightsOfFire08

As a fidelity user, **FSKAX**, **FSPGX**, and **FXAIX** are all amazing, broad, medium risk, and the majority of my steady growth strategy portfolio. I have been looking into "riskier" options like **FDIS**, **FSTA**, **FTEC,** **ONEQ****,** and **FHLC** because I trust those markets will consistently grow. The ups and downs of those "riskier" funds will be more significant than the S&P 500 but less fluctuation than a single stock. In addition, those MSCI funds are not dependent on the US total economy, but focused on specific dominant sectors in the US economy. If you have a low risk tolerance, looking at bond funds like FXNAX would be perfect to lean into as you get closer to retirement! I hope this helped out!

nauticalmile

Mutual funds and ETFs almost universally have internal management fees, expressed as an expense ratio. Fidelity offers a wide range of mutual funds, with fees as low as zero from their Fidelity ZERO series, all the way up to around 1% for certain actively managed funds. They have many great low cost funds like FSKAX and FTIHX that cost just a few basis points (e.g. .015% to .06%) per year. Capital Group/American Funds, Edward Jones, and similar higher-cost institutions build fees into multiple places - such as the 5.75% front load (ouch), as well as 12b-1 fees that are effectively kickbacks to the broker/dealer coming out of fund NAV. You don’t see these fees as transactions in your account as they’re more quietly taken from the fund. Net expense ratios will typically be 1-1.2% per year. So while Fidelity charges nothing up front and can be as cheap as just a few hundredths of a percent of portfolio value per year, Capital Group will cost 5.75% of your portfolio up front and take another 1% or more per year. IMO, moving from Fidelity to any Capital Group reseller is the absolute wrong move.

Red_Bullion

65% FZROX/35% FZILX Can substitute FXAIX or FSKAX for FZROX if preferred. FSKAX is the same thing, but FZROX is free. FXAIX is S&P500 instead of total US market. Total US market is technically more diversified but they basically track each other so it kind of doesn't matter. IVV would also be fine, or VOO or VTI, or SPLG. It doesn't matter. Can substitute FTIHX for FZILX if preferred. It's the same thing but FZILX is zero fee. Again VXUS or any other equivalent fund is also fine. Buying individual stocks generally isn't a great idea. If you want to for fun keep it to like 5 or 10% of your portfolio.

noplanman_srslynone

I jumped ship in December. Moved to REIT / Bonds / International. I did leave 5% in Total Value US but I just didn't have much confidence in the start of this administration. Now I'm gonna re-balance back in more to international less bonds but I'll wait on the US for a hot minute. Glad i did as of 3/7 YTD at least.. FSPSX +11.72% FSKAX -2.20% Just because you are pulling money out or moving it to safety for a quarter or two doesn't mean you're doing it wrong. You can get it wrong but you do you.

Any_Flamingo_7377

🗣FSKAX

Striking-Math259

I have about $140k in FSKAX. Lately I have noticed many days of negative returns. Are we in some sort of market correction? Sometimes I am seeing $2k per day negative returns rather than positive which is more than what I put in every two weeks. 

DizzyRhubarb_

Age: 43, married, US-based, ~$300K income. Debt: Only mortgage and minimal car payments. **Retirement/Tax-Advantaged Accounts:** - **401(k) ($420K):** 20% FZILX, 25% Contrafund, 55% FZROX. - **Roth IRA ($10K):** 100% Contrafund. - **HSA ($7K):** $2K cash, $5K FSKAX **Taxable Accounts:** - **CMA ($65K):** $50K SPAXX, $15K VOO ETF - **HYSA ($41K).** For my 401(k), I'm considering a shift to 35% FZROX and 25% SPAXX to keep cash ready for potential market turmoil... it feels pretty uncertain right now, and I see a lot of people pulling out of US stocks. And I don't know what to do about my taxable accounts, feel a little cash heavy. $15K for a bathroom remodel is the only short-term expense. We don't have any pressing long term plans, I just want to build up some wealth for future use.

Bubbly_Bug_9028

That’s terrible. You could have made a quarter of a million dollars over the past 12 months just letting it sit in FSKAX or something.

Ok-Philosophy-7691

Nice! Fidelity has some solid options. If you’re looking at index funds, FXAIX (S&P 500), FSKAX (total market), and FZROX (zero-fee total market) are all great long-term picks. For stocks, it really depends on your style, some go for blue chips like AAPL, MSFT, NVDA, while others dig into undervalued plays. If you want to break down fundamentals easily, Stock Unlock has some cool tools for analyzing company financials and valuation metrics. Are you leaning toward long-term investing or picking individual stocks?

ckouf96

I’m early in my career, married, and have a kid. The only retirement account I have right now is a 401k that I contribute to monthly, enough to get my full match. On the side, I also have a Fidelity account that I invest in biweekly and I do a 50/30/20 split in FSKAX/FTIHX/FXNAX. Learning more about retirement investing it seems I should open a Roth IRA and contribute to that before I contribute to my above fidelity approach, is that a correct assumption? Do you all like Fidelity as a Roth IRA provider? How should I direct my Roth IRA to be invested? My company has financial advisors who work at Merrill but I don’t think there’s any benefit to using them over my own platform. Should I also consider a 529 for my child’s future education?

xiongchiamiov

>So basically FZROX is nearly identical to FSKAX with the added benefit of no management fees? Correct. The zero funds use some propriety Fidelity indexes rather than the common external ones, but that's the sort of difference only the nerdiest of indexers care about. >So it could be beneficial to move my investments from FSKAX to FZROX rather than add FZROX as my 3rd index fund along side FSKAX/FXAIX. Yes, although the expense ratios are already low enough it doesn't make a huge difference. It's just sort of a, well why not? Since this is inside of an IRA, there are no tax implications of any sales. If there were then I would definitely suggest a different course of action.

Russiax36

So basically FZROX is nearly identical to FSKAX with the added benefit of no management fees? So it could be beneficial to move my investments from FSKAX to FZROX rather than add FZROX as my 3rd index fund along side FSKAX/FXAIX. In regard to the FZROX/FZILX/FXNAX, I will do some more research into these. I have attached a imgur link to the main post of a screenshot of my current positions and all time unrealized gains.

xiongchiamiov

[Dividends are irrelevant](https://www.investopedia.com/terms/d/dividendirrelevance.asp). FSKAX (total US market) is a replacement for FXAIX (US large cap). FZROX is effectively the same thing but without the management fees. It's a good choice in a tax-advantaged account like an IRA because you'll have to sell it if you ever transfer the account to a different broker. Without a reason to do something different, it makes a lot of sense to run a [three-fund portfolio](https://www.bogleheads.org/wiki/Three-fund_portfolio) with FZROX, FZILX, and FXNAX. Or pick the passively-managed Fidelity target fund and let them do it for you.

gaijin91

the wiki on r/personalfinance would be good for you to peruse: https://www.reddit.com/r/personalfinance/s/s1DzriUlZm - especially read the page on windfalls here's what I'd do to advance your goals: 1. put aside 6-12 months of expenses in a high yield savings account and don't touch it 2. if applicable, put aside the cash to finish your education and get started on a career 3. open a Roth IRA with Fidelity and put in contributions for 2024 and 2025 (assuming you have earned income). invest in something like their total market index fund (FSKAX). keep doing this every year. 4. open another HYSA account for your downpayment fund 5. open a taxable brokerage with fidelity and put in the rest of the settlement. I would do something like 70% FSKAX and 30% FTIXH to capture the international market too

Historical_Low4458

Performance chasing is never good because nobody knows what will outperform for the next 20 years. I do think you have a solid portfolio. I think if those are the only 3 you have, then you should be in good shape until close to retirement. Now, small and mid cap make up only a small portion of the total stock market index, so if you're considering adding more funds, then you may want to research those. Disclaimer: I have FSKAX and FTIHX in my 401k and a different target date fund in my Roth IRA.

Disastrous_Equal8589

Kinda depends if you plan to use the account, what your current health situation is, what your family health history is, etc. In general, based on your retirement timeline, I’d invest in a 70/30 portfolio (70% equities, 30% bonds). 55% FSKAX or FXAIX 15% FTIHX 10% JPIE or BINC 10% PULS 10% SGOV When you’re close to retirement or starting to plan to retire go 65/35 and then when you retire go 60/40. If you have any questions let me know

silentsinner-

FSKAX and my house. Six years ago I sold a bunch of stock and all of my bonds to pay down and refinance the house cutting my expenses. With recent volatility I am again reassessing my risk tolerance and thinking about selling some more to pay off the house. If I do that would put me at ~60/40 portfolio.

Elegant-Estate4537

S&P 500 (FXAIX), US Total Stock Market (FSKAX), Total World ETF (VT) - As Jack bogle stated buy the haystack not the needle in the haystack. U.S Short Term 1-3 Month T Bills, Gold (IAU), Bitcoin (IBIT) - To hedge portfolio I stay away from tilting to Large cap, value, Sector ETFs because in the long term it is difficult to beat the broad based market. The above combinations gives you exposure to international, domestic, bonds, gold, bitcoin, large cap, mid cap, small cap, growth, value, all sectors from real estate to tech with dividends from index funds. No need to play guessing games

Phuffu

Open a Fidelity account and buy FSKAX and FTIHX. Once you are invested in the market, you can take some time to learn about wtf is actually going on behind the scenes.  People wait around to invest because they don’t understand everything and they are naturally apprehensive.  I think people should take the opposite approach, just get in the market and figure things out as you go along.

Blegrand15

So the main benefit of the Zero funds is the 0% expense ratio? But you lose the ability to transfer to elsewhere if needed without needing to pay capital gains taxes? So something like FSKAX and FTIHX would be portable but have expense ratios of 0.015% and 0.06%?

Phuffu

I think crypto is all junk. I’d do $350k FSKAX and $150k FTIHX

CinematicJ-

[Vanguard on Lump Sum vs DCA](https://investor.vanguard.com/investor-resources-education/news/lump-sum-investing-versus-cost-averaging-which-is-better) The market does seem pretty overvalue currently, I’d look into [Vanguard’s 2025 economic and market outlook](https://advisors.vanguard.com/insights/article/2025-economic-and-market-outlook?cmpgn=FAS:PS:XX:LF:20250102:GG:DM:LB~FAS_VN~GG_KC~BD_PR~LF_UN~MarketEconomy_MT~Exact_AT~None_EX~None:NONE:NONE:NONE:KW:MarketVEMOReport&gad_source=1&gbraid=0AAAAADyd_RXbc3MjtS6ZgmgWpL390LfS-&gclid=Cj0KCQiA19e8BhCVARIsALpFMgF4G_lDtVCmRNwqhtVPoB1TLq3Fg1V240ELIbvINyFA6DqSWMc2xN0aAgbqEALw_wcB&gclsrc=aw.ds) Could hedge for current conditions by dropping a large amount of that in FLCOX (large cap value) if you want to use Fidelity funds. I don’t think you could go wrong by lump summing into FSKAX or DCA-ing over 2-6 months since your time horizon is so long. If you already do 90/10 why not just add it 45k/5k into current positions and letting it ride?

KoodGarma

**Kudos to you for starting your investing journey early!** First, look up [Bogleheads Getting Started](https://www.bogleheads.org/wiki/Getting_started), that's where I started learning a ton. Second, think about lump sum what you've got to start with, outside of funding an ongoing savings account (e.g., 10%) per paycheck, having an emergency fund in a reputable HYSA w/ easy transfer fund options (e.g., 3.75% at Discover Online Savings) with enough saved to cover at least 3-6 months of living expenses, and then DCA what you can afford to invest (e.g., 10%) per paycheck going forward. Following is a tax-efficient, low-maintenance investment allocation recommendation based on your age and using Fidelity-based low/no cost fund options (can differ based on your brokerage). Feel free to chat me up if specific questions Best of luck! \> Taxable = 70% US (FSKAX) / 30% EX-US (FTIHX) <or> if you prefer ETFs 70% US (VTI) / 30% EX-US (VXUS) \> Roth IRA = 70% US (FZROX) / 30% EX-US (FZILX) \> Trad IRA = 60% US (FZROX) / 30% EX-US (FZILX) / 10% Bond (FXNAX) \> HSA (if avail) = 70% US (FZROX) / 30% EX-US (FZILX)

Based_Commgnunism

The retirement date fund has bonds and international in it. If you want bonds that's good. If you don't then FXAIX is good. FSKAX is another option. It's technically more diversified but will perform the same as FXAIX. And if you do want international that's in FTIHX. You should have some international, but might want less than what's in a target date fund.

Cruian

Mutual funds transactions are between you and the fund provider, not person to person like ETFs and stocks. Places would prefer you to use their mutual funds, so those tend to be free to trade, while those from other providers get an extra fee (why would you pay $75 per purchase of SWTSX if you can get FSKAX for nothing?), if allowed at all. ETrade I believe has agreements in place to offer Vanguard mutual funds at no extra cost.

pringlydingly

I just opened a brokerage account and dumped 5K into FXAIX and FSKAX... how badly did I fuck up?

EveningNo8643

To move off of American funds I transferred it to Fidelity then exchanged it for FSKAX/FTIHX. that shouldn’t trigger taxable event right?

c47v3770

My current brokerage account allocation is: * 60.20% cash ($30,480.57) * 34.09% VOO ($17,258.63) * 5.72% TSLA ($2,894.01) My plan is to contribute $7,000 to my Roth IRA (a combination of VTSAX and FSKAX) and the remaining cash towards VOO and yet, I'm hesitant to do it. Just do it, right?!

AdNorth569

Option 1 FTIHX Total International (5,089 Companies) 20% FSKAX Total US Market (3,944 Companies) 80% Option 2 FSMDX Mid Cap (812 Companies) 10% FSPSX International (744 Companies) 10% FSSNX Small Cap (1,988 Companies) 10% FXAIX S&P 500 (506 Companies) 70% Just started my 401k and Roth IRA not too long ago and chose option 2 for my 401k plan. I need help deciding whether to pick option 1 or 2 for my Roth IRA. Option 1 looks more diversified compared to option 2, but let me know what you guys think.

AvvaiShanmugi

Please rate my allocations: age 38, looking to hold and grow until retirement, and mostly a hands off approach. Have car loan ~ 570/month. No other debt. I have not yet maxed out 401k, want to gradually increase it. Have HYSA, don’t contribute to it much as I have plans to repatriate to home country at some point and don’t want to lock too much money in this as only QME are penalty and tax free. Traditional 401k: FYLSX Target fate fund Roth IRA: 90 FSKAX 10 FTIHX (maxing out) Brokerage: 80 VOO 10 IVOG 10 AVUV Planning on moving my cash in savings to HYSA or CD

AvvaiShanmugi

Novice investor, age 38. I have in Roth IRA FUAMX bond index fund at 10%, used to be 25%. I set it up using three fund portfolio concept. Been thinking of exchanging its value for FSKAX and removing bonds and only add it back at 50 or so. My 401k is a TDF which will have considerable bond exposure as I age. How important is bond exposure in a portfolio? Don’t know much about what bonds are or what bond index funds….

RG1too

Open a Vanguard or Fidelity brokerage account. Invest in low-fee or no-fee total market index funds like VFIAX or FSKAX. Then follow this good advice: https://www.mrmoneymustache.com/2011/05/18/how-to-make-money-in-the-stock-market/

ticktocktoe

Step 1 - open brokerage account Step 2 - put money in brokerage account Step 3 - invest money in some fund that tracks the broader market (like VTI, FSKAX, etc..) Step 4 - forget about it

earthjunkie

Hi, I am a beginner in investing and I am trying to figure out the asset allocation chart on Fidelity. I have a 90/10 ratio invested in FSKAX and GOVT iShare bonds. Why does the asset allocation chart on Fidelity present as foreign stocks instead of bonds? And for FSKAX it shows as 79% domestic stocks and 20% short term. I am confused about the meaning of this. Thank you for reading

c47v3770

Thoughts on this portfolio recommend by AI? hah... • 50% U.S. Total Market (VTSAX, FSKAX, VOO) • 20% International Stocks (VXUS) • 15% U.S. Large-Cap Growth (SCHG or VUG) • 10% Sector-specific ETFs (VGT, XLF) • 5% Small-Cap Growth (SLYG)

andybmcc

As an aside, why do you have VTSAX in a Fidelity taxable account? You know there's a $100 transaction fee for it, right? Source: [https://fundresearch.fidelity.com/mutual-funds/summary/922908728](https://fundresearch.fidelity.com/mutual-funds/summary/922908728) FSKAX is the Fidelity equivalent.

DurdenTyler2020

Yeah, I'd just sell it, transfer the cash over, then buy FSKAX. As the other person said, in a Roth IRA, there would not be any tax implications for selling at a gain.

DurdenTyler2020

First thing I'd do is ask Fidelity if they are willing to reimburse the $100 fee Vanguard charges. When I asked Fidelity's "Virtual Assistant" it says, >You may be eligible to have another firm's account transfer fee reimbursed if the transferred account balance was more than $25,000. You may also be eligible for reimbursement if you have over $25,000 in personal investment assets at Fidelity. The fact that Vanguard has a lot of those types of annoying fees for people who are not using their wealth management services, or have $5 million with them is kind of annoying and shows they really do not value a lot of the small net worth, DYI clients. The actual process of transferring an account from Vanguard to Fidelity is not difficult at all. I'd personally just bite the bullet, transfer your Vanguard Roth IRA to Fidelity, and use FSKAX (Fidelity's version of VTSAX). Do most of the work from Fidelity's side.

brianmcg321

If you’re with Fidelity now, dump VTSAX and put it all in FSKAX. No reason to have both. They are the same thing.

Milad731

Just wondering, why the split between FSKAX and VSTAX in your Roth IRA? From what I understand, they track the same exact thing, while the Fidelity one seems to have a lower expense ratio and no minimum investment requirement. So why split them when you can just have 100% FSKAX?

cptn_stickinthemud

Why not add some extra diversification and go with FSKAX instead?

behopeyandabide

That looks really good as well. Without intruding, may I ask how many years away your target for retirement is? The only reason I ask is to get an idea of your bond percentage compared to mine. I actually dropped my % down. I'm about 10-15 years out, myself. SCHD: 30% DGRO: 20% JEPI: 15% JEPQ: 10% DIVO: 10% VNQ: 10% SCHY: 5% Roth IRA: FSKAX: 70% FSPSX: 25% FXNAX: 5%

brianmcg321

Total market index. FSKAX.

brianmcg321

FSKAX

Tall_Opportunity_677

hmm, looks like selling vtsax and buying FSKAX takes two days!

Tall_Opportunity_677

Thanks. Why across 3 days? Can I not exchange VTSAX, FXAIX for FSKAX day 1, sell VTI day 1 and buy FSKAX day 1 ? Day 2 all FSKAX right? or am I missing something?

brianmcg321

FSKAX

McKnuckle_Brewery

On day one, sell the VTSAX and VTI. On day two, place a purchase order for FSKAX in the amount of the total settled proceeds. At the same time, place an exchange order for all of your FXAIX shares into FSKAX. On day three you'll own only FSKAX.

Pitiful_Fox5681

Assuming that you're relatively young (under 40): $700 into FSKAX $200 into FTIHX $100 into FBND Assuming that you're 40-55: $700 into FSKAX $100 into FTIHX $100 into SCHV $100 into FBND Assuming that you're 55-65: $400 into FSKAX $400 into FBND $200 into SCHD If you're a bit older and/or already retired, it depends entirely on your financial landscape. 

arosheila

FSELX is more tech heavy, so it's gonna swing harder. FXAIX, FSKAX, and VOO are broader, more stable. If you believe in tech long term, it could rebound, but short term, it’s volatile. Diversifying more might help balance it.

Newbiewhitekicks

r/Fidelityinvestments version of VOO is FXAIX and their version of VTI is FSKAX. As other have recommended, you should look into building a r/bogleheads portfolio or put it into municipal bonds/treasuries for the tax benefits and to safeguard your money

OkJellyfish5136

I recently just started learning about investing and money management and was able to open my first brokerage account (Fidelity Youth). I am 17 years old with around 1000-2000 USD that I would like to put either into a brokerage account or a Roth IRA with Fidelity. I am wondering if you guys consider it worthwhile to have my parents open and manage a Roth IRA now, or simply just put the money I have into FXIAX and FSKAX with my existing Fidelity Youth Account. I will be turning 18 in August, and it seems like sort of a hassle to open a Roth IRA now, especially considering my parents will be the ones who will have to manage investments. Both I and my parents are relatively new to investments aside from their personal retirement accounts, so I am not sure if opening a Roth IRA is worth it at this time. * **How old are you? What country do you live in?** 17 (turning 18 in August), United States * **Are you employed/making income? How much?** N/A (parents offered to give around 1000-2000 to start investing) * **What are your objectives with this money?** Mainly focused on growing this money while also having some of it be available for immediate access. Not entirely sure where or how I want to use this money for the future, but I would like to start investing it and have the possibility of using it for a variety of things. * **What is your time horizon? Do you need this money next month? Next 20yrs?** No exact time horizon, would like to have at least some of it available (not necessarily in my checking/cash balance but rather somewhere that would make it relatively easy to withdrawal) in case of emergencies. * **What is your risk tolerance?** I would like to play it safe and hold this money for the long term if possible. I have already started looking into FXIAX and FSKAX index funds. * **What are you current holdings?** N/A * **Any big debts (include interest rate) or expenses?** N/A, potentially taking out loans for college in the future

c47v3770

The only index funds I have are VTSAX, FSKAX and some VOO. I had looked at QQQM but didn’t want overlap. Then I realized tech is the future so overlap doesn’t really matter much? Any other index funds you would recommend?

Key-Mark4536

As others have said, an index fund can be either a mutual fund like FSKAX or an exchange-traded fund like VTI. ETFs are generally preferred around here for the very reason you describe, better tax treatment. (Though index funds are lightly taxed to begin with since they don’t often sell securities.) A couple of cases where I might suggest a mutual fund over an ETF are: 1. Where the mutual fund has lower fees *and* taxes don’t matter much. Usually ETFs are cheaper but there are exceptions: FSKAX charges 0.015%, half what you’d pay for VTI, and they track more or less the same index. Inside an IRA you may as well take the cheaper option. 2. If the specific investor is prone to gambling behavior, mutual funds may help the investor stay on track. Mutual funds can’t be sold during the day, only between days. That little bit of delayed gratification may be enough to deter impulsive behavior.

Cruian

>An index fund is an ETF. FSKAX is an index fund that is not an ETF. And there's many others. The first index fund came out over a decade before the first ETF.

Jmzg19

# ROTH IRA Portfolio Questions. I (21M) recently did some research while also getting some feedback, and decided to do this method: (Right now I have 100% invested in FXAIX) **60% U.S. Stocks Right now I have FXAIX-> Instead do this one: (FSKAX)** **30% International Stocks (FTIHX)** **10% Bonds (FXNAX)** What do you guys think? I had someone else tell me I should not do International Stocks because of Geopolitical risks, Currency fluctuation, and other risks.

taplar

You don't need a lot of knowledge to invest in a total market index like FSKAX\[or FZROX\](Fidelity)/SWTSX(Schwab)/VTSAX(Vanguard) on a regular basis and just let it grow. Who operates the index only matters so much as they may not be available at your brokerage, or you may want to opt for one that is related to your brokerage.

Ok_Profit_3856

>There is essentially zero difference between VTSAX, FSKAX, VTI, or To be clear I'm talking about the target date fund or TDF. I'm not talking about VTI or specific mutual funds. I compared the 5 and 10 year growth of some of the vanguard to the Fidelity ones, and vanguard seem to have dramatically higher performance. For example, one of the funds in the 2060s had somewhere along 45% performance over 5 years, while a Fidelity one had significantly less percentage. >I wouldn't pay a $100 fee to buy a Vanguard index fund over a non-Vanguard equivelent. That is just pissing away wealth. So a $100 fee is not worth it one time, if the long-term performance of the fund is significantly better? For example, if the fund has 45% return over a 5-year period compared to 39% for Fidelity? It's simply not worth that $100 amount?

StatisticalMan

No. At one point in the 1970s vanguard was new and radical. Low cost index funds. Today every major fund family has broad market index funds (and ETFs) with low fees. There is essentially zero difference between VTSAX, FSKAX, VTI, or ITOT. All are total market funds with near zero fees.

jfugginrod

Regardless of what you pick. You should move 100% of your money into the brokerage link then buy whatever you want from there so you have the flexibility. I personally hate the atrocious fees on target date funds, might as well just buy FSKAX.

Chemical-Fun3692

I have Fidelity from work, why open a Roth IRA as a apposed to another form of IRA? Also, what is FSKAX and FIOFX? Stocks? If so, why these stocks?

JamieGness

I have FSKAX and FIOFX, which has had just under a 25% increase.

Phuffu

Open a Roth IRA at Fidelity, deposit $7000 and buy FSKAX.

bonelish-us

A risk-free investment with a 20% annual return and no special tax consequences is superior to alternatives where the future return is unknown. This is the price of risk. Having said that, the probability of earning market returns in an index fund like FSKAX becomes overwhelmingly high if the investor dollar cost averages into it over a sufficiently long period.