FSMAX

ranatolio

How much should I better diversify my investments to prepare for an upcoming market downturn in response to new interest rates? Right now these are my investment instructions for my 401k: 60% in VINIX 15% in FSMAX 25% in SWISX Additionally, I want to open a Roth IRA and max that out. Is this a bad time to do that in case we see a crash? Would it be better to invest small amounts rather than a full $7000 investment today?

scwt

Ok, so besides the whole "Biden crash" thing, the number one thing you can do is increase your contributions. Either by living more frugally, or getting a new job, side hustle, whatever. I understand it's not easy or simple to do, but really, that's all you can do if you want to grow your 401k more quickly. There's no way around that. Second, yes, you should consolidate into fewer funds. If you don't really understand what you're doing, then you're most likely doing more harm than good by buying into 4-5 different funds and re-balancing every year. A target date fund would probably be best for you. But since you said you have something against target date funds, you could also go with the index funds you have available (VTSNX, S&P 500 Index, and FSMAX). Also, I think you should consider your two IRAs and your 401k together as one big portfolio. So maybe you already are at $100k. And you should keep your IRAs simple, as well. Either a target date fund, or index funds. Just come up with a plan and stick to it. Don't try to beat the market by holding a bunch of different funds, it most likely will not work out in your favor.

WanderingMind2432

Real talk - I'm a patient investor and only invest in Mutual Funds primarily maxing out my 401k & IRA. I obviously have no power over my 401k, but should I be selling my IRA or transferring funds into something specific? Right now I'm in Fidelity's 60% FXAIX, 20% FSMAX, and 20% FSPSX.

Cruian

>Was looking to add FXIAX (Fidelity 500 Index) or FSPFX (Fidelity Large Cap Growth Idx) Both of these are already included inside of FZROX. >and Fidelity Extended Market Index (FSMAX). Why? This is also inside of FZROX. >FSPFX (Fidelity Large Cap Growth Idx) Long term, factor investing research would actually favor small and value, not large and growth, for better returns. Factor investing starting points: * https://www.investopedia.com/terms/f/factor-investing.asp * https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/fidelity/fidelity-overview-of-factor-investing.pdf (PDF) * But be aware that factor premiums can take a while to show up: https://www.reddit.com/r/Bogleheads/comments/1hmbwuw/what_every_longterm_investor_should_know_about/ >Given the returns takes into acct expenses, should I go with FSPFX or still go with the lower net expense ratio aka FXIAX? I wouldn't use either, at least given the info supplied. >If I didn't include info that would be helpful to answer this q, lmk and TIA! A better breakdown of what your holdings are based on what account they're in.

Cruian

>I know there’s some overlap bc I essentially have VTI with two stocks but I invested in the S&p500 first and later decided I wanted some more market exposure so I got FSMAX. If you want market cap weight, since this is an IRA, there's no issue moving FXAIX & FSMAX to just FSKAX or FZROX. >FSPSX Is there a reason you only want developed markets? FTIHX, FZILX, or even FSGGX would all include developed + emerging in one.

Motorbarge

**Basic Stats** * Institutional Owners: 22 total, 22 long only, 0 short only, 0 long/short - change of -31.25% MRQ * Shares Outstanding 6,348,624 shares (source: Capital IQ) **Institutional Owners** From Fintel (edited) * INTRACOASTAL CAPITAL, LLC : 174,054 * Hare Joshua: 1,084,888 * ARMISTICE CAPITAL, LLC: 1,836,000 * FSMAX - Fidelity Extended Market Index Fund : 4,309 * FNCMX - Fidelity Nasdaq Composite Index Fund: 500 * FCFMX - Fidelity Series Total Market Index Fund: 641 * FSKAX - Fidelity Total Market Index Fund 3,345 * VEXMX - Vanguard Extended Market Index Fund Investor Shares: 6,509 * VTSMX - Vanguard Total Stock Market Index Fund Investor Shares: 17,623 * IWC - iShares Micro-Cap ETF: 1,044 * Tower Research Capital LLC (TRC) 2,595 * Creative Planning 10,933 BlackRock Inc.: 11,141 * Wells Fargo & Company/mn 471 * Vanguard Group Inc : 24,132 * Jpmorgan Chase & Co: 129 * Pnc Financial Services Group, Inc.: 297

BobbyGlaze

FSMAX is probably what you're looking for. It's the rest of the US market that isn't in the S&P 500. https://fundresearch.fidelity.com/mutual-funds/summary/315911743

andybmcc

FSMAX may be listed as "mid cap", but it's actually the extended market (or completion) index. It's the rest of the US market that's not in FXAIX. I don't have a total market fund in my 401k either, but I do have FXAIX and FSMAX, as you do. I'd avoid the high ER funds. I'm about 50% FXAIX, 25% FSMAX, and 25% international (FTIHX).

ElephantMiserable531

Make sure to contribute at least 6% to your 401k to get the full employer match, as it's essentially free money. If you need to maximize your current take-home pay, contribute pre-tax, but Roth contributions will allow you to withdraw the money tax-free in retirement, which is a significant long-term advantage. Continuing to contribute to your Roth IRA in FXAIX is an excellent choice due to its low cost and growth potential. Given your desire to be aggressive and avoid bonds for now, a good allocation could be: 60% in FXAIX for large-cap, 20% in FSMAX for mid-cap, 10% in NRGSX for small-cap, and 10% in FSGGX for international diversification. This diversification will help balance risk and growth potential. Keep a diversified portfolio and review your investments at least once a year. Adjust your contributions between pre-tax and Roth according to your financial situation and tax goals. Maximize your 401k match, keep investing in your Roth IRA with low-cost funds, and diversify your 401k according to the suggested allocation. If you want, we can talk privately 😂😂. Good luck with your investments!

ThePartyLeader

dually noted. Maybe I will ponder moving out of FSKAX and into FXAIX +FSMAX or more likely FSMDX

ThePartyLeader

I guess I am missing the point here. If FSMAX starts destroying I will just make less money. Overall when I rebalanced everything last year I really liked Microsoft, NVIDIA, and so on and basically went with funds with those as top holdings then went and put some in high exposure, some in medium and some with less but still a bit. Obviously things I am not invested in can be profitable, but at that time I felt pretty confident in my main goals. Are you suggesting I should just invest in FXAIX and a small amount in FSMAX instead of FSKAX? is there a tangible benefit?

Cruian

>There is a difference though, the top 10 holdings are the same company but they are 36% of FXAIX while only 32% of FSKAX. Right, because FSKAX has to fit in a few thousand additional holdings. Think of it like FSKAX = FXAIX + FSMAX in one (maybe not exactly, but essentially). You're basically doubling up on the FXAIX, but what will you do when favor flips to FSMAX instead? Holding just FSKAX has you covered no matter is it is FXAIX or FSMAX in favor, but you're taking a bet that FXAIX will beat FSMAX going forward. While that's been the case in recent years, there's plenty of times that smaller caps beat large.

ColoCobb

I use ITOT in taxable just to have something to buy each month but I have been looking into something fun (maybe KRUZ & NANC for fun? LOL) and FXAIX/FSMAX/FTIHX in my Roth (they don't offer FSKAX thru my plan) .

FrostyJellyfish6685

Im after capturing potential market share and potential gains at the moment. Dividend stocks are interesting to me because I’m in process of generating passive income. I have a great portfolio now and looking to add to it through stable gains and dividends. IBM & Oracle wouldnt be a bad idea honestly. Stable and has decent projected growth. I’m already neck deep in QQQM, SCHD, MFST, NVIDIA, AAPL etc in my taxable account. In my 401ks and an IRA, I’m deep in FXAIX, FTEC & FSMAX so Oracle is one that i think is fair price with decent growth projections that i can add to my taxable account

Cruian

>entirely FXAIX >Should I invest in anything else There can be benefits to going broader, into both the US extended market (such as FSMAX, or swapping out FXAIX and using FSKAX instead which should essentially be FXAIX + FSMAX merged into one) as well as going global (such as FTIHX or FZILX or FSGGX). There has been and will be plenty of times where favor is not with US large caps.

ServerTechie

I like to pair mid-cap with S&P 500. FSLSX is an active managed mid-cap value fund that has outperformed FMSDX and FSMAX the past 3 years, the only downside is the higher expense ratio. But overall I like this fund and contribute to it every week in addition to FXAIX. [FSLSX comparison](https://fundresearch.fidelity.com/fund-screener/results/compare/snapshot/averageAnnualReturnsYear3/desc/1?order=&tickers=FSMDX%2CFSLSX%2CFSMAX)

PM_ME_UR_VSKA_EXPLOD

FSMAX covers the small and mid cap in the US, and it only has a 0.035% expense ratio. It pairs well with FXAIX.

Cruian

>VTI FXAIX makes up over 80% of the weight of VTI. >SCHD Roughly 46% of SCHD's holdings (by count, not weight) are in FXAIX. >VOO Is the same thing as FXAIX. >Im unsure of the strategy I should be taking when deciding between ETFs, and Indexs. * Index based or actively managed describes how the contents of a fund are chosen. * ETF or mutual fund describes how the fund trades. When creating a fund, you pair 1 "contents chosen" with 1 "how it trades" for 4 main types of funds. Examples in parenthesis: ||**ETF**|**Mutual Fund**| |:-|:-|:-| |**Actively Managed**|Actively Managed ETF (ARKK)|Actively Managed Mutual Fund (FBGRX)| |**Index Based**|Index ETF (SCHF)|Index Mutual Fund (FSKAX)| Stick to the "index" row. The "how it trades" isn't a big deal in comparison. >What should I be pairing with FXAIX? FTIHX or similar. Cover the rest of the world, there's been plenty of times it was the US dragging behind. FSMAX or similar. Cover the rest of the US market, while the past decade has favored large caps, smaller companies have had periods of excellent performance as well.

the_leviathan711

> 1) Is there anything else to add along with FXAIX? Like, is it important to be as diversified in my retirement portfolio? My goal is to keep it simple to focus on capital gains/total returns from one fund. But, if there’s suggestions to make it a 2-fund or 3-fund portfolio, I’ll have a listen to suggestions as well as handle my due diligence. Yes, diversity is great! FXAIX is only the top 500 companies in the US stock market. The two obvious complements to FXAIX would be to add small cap US stocks and international stocks. FSMAX is the equivalent of FXAIX for smaller caps and FTIHX is the equivalent for international stocks. You can also do FSKAX which is FXAIX + FSMAX and then add in FTIHX. > 2) Since Roth IRA is a tax-advantaged account (After-tax dollar grow tax free), are dividend ETF funds something I should consider? Or look into dividends in general if I want to generate cash flow later in my retirement? Nah > 2) Would lump-sum investing or DCAing investing be ideal? [Don't try and time the market, just invest the money as you have it.](https://www.schwab.com/learn/story/does-market-timing-work)

PalindromeHannah1771

My wife and I are fortunate in that we chose not to have children which enabled us to save a lot more than we would have otherwise. And although I did not start investing in a 401(k) until I was about 35 (I'm now nearly 75 and quite healthy), I did start studying investing before I ever had two nickels to rub together. I always stuck with broad-market ETFs (or their predecessors, mutual funds), and relied on time and compound interesting to do the rest. (If you don't know the Rule of 72, you should.) Even though our combined income never exceeded 100,000/year, today we are quite comfortable with assets around 1.4 million and growing every year. It takes a bit of discipline, a lot of steady hard work (employment), and putting your faith and trust in the American economy which is still the powerhouse of global growth. And it really helps not to do anything too stupid, like concentrating all your investments in your own company's stock or blowing a huge wad on a wedding or an over-the-top vacation or car you can't afford. And you can't live on credit. Although I have a Fidelity Visa card that I use for daily expenses (and inventory for my home business), I pay it off every month in full--sometimes 2 or 3 times a month. I get cash back every month, not stupid points or store credits. We paid our house off more than 20 years ago and keep it up. My major investments long-term have been Fidelity Contrafund FCNTX, IVV (S&P 500 ETF), Vanguard Dividend Growth VDIGX mutual fund, and FSMAX Fidelity Extended Market Index Fund. I spend about an hour a day learning about and studying investing, and I exercise regularly, eat healthy, don't drink or smoke (any more), and run several times a month (300+ miles a year). I stay active mentally as well by reading, language learning (I'm up to seven), and still singing as a soloist. My mother lived to be 100 so I am playing the long game here.

the_leviathan711

Well, there is definitely no benefit to *that* at all. If you were 98% FXAIX and 2% FSKAX then you would actually be 96.6% in FXAIX. You could be 90% FXAIX and 10% in FSMAX (the part of the US stock market that isn't the top 500 companies). Or you could be 90% FXAIX and 10% FTIHX (the entire rest of the planet). Right now you've got all your money in just 500 countries that are all based in the same country. You're missing out on stocks from all over the world and from small and medium sized companies. If any of them have explosive growth at any point in your lifetime, you won't see a penny of it. Or I guess right now 2% of your portfolio might see a penny of it.

Sir_Clicks_a_Lot

For a 25 yo I would recommend something like 70% FXAIX, 15% FSMAX, 15% FSGGX. That mix would give you some more diversification as opposed to 100% FXAIX, which would be heavily concentrated on large cap US stocks.

Figma-art

What are your thoughts? (My age 35, married with kid). Long term Investment index account VFIAX 60.8% VBIAX 14.6% VTSAX 12.8% VGSLX 11.6% 401K - FATIX 70.7% FSMAX 14.8% FXAIX 14.5% Thanks!!

andybmcc

I like the Fidelity funds in tax-advantaged accounts, as long as they are held at Fidelity or your provider doesn't charge fees to buy them. I hold FXAIX, FSMAX, FSKAX, and FTIHX in various accounts.

nostratic

FXAIX is the S&P 500, which is 500 larger US companies. it's already very concentrated in tech, about 25% of the companies in that category. FSMAX is an 'extended market' fund, covering the smaller American companies that aren't listed in the S&P 500. FTIHX is international companies. I'd recommend at least 10% each in the extended market and international funds. 20% is better.

andybmcc

I have the usual US (FSKAX, or FXAIX and FSMAX combo), international (FTIHX), and then the oddball is AVUV. Don't sleep on the small cap value if you have a decent horizon.

Big-Home330

The $FSMAX fund thru my works 401k is holding this in the top 10. i wish they'd get rid of UBER tho, trash! them and lyft are garbage since the IPO, i liked it better when TSLA was in the top, but also maybe they dumped it in that fund simply bc it had got invited into the SP500 Fidelity fund.

loopernova

Ok how about: FXAIX 6500 (50%) FSMAX 2600 (20%) FTIHX 2600 (20%) FXNAX 1300 (10%)

throwawayinvestacct

I've used the Zero funds (in varying parts FZROX, FNILX, and FZIPX) basically since they launched. Thus far, it's been fine, e.g. [here is FZROX vs. FSKAX](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2023&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=FZROX&allocation1_1=100&symbol2=FSKAX&allocation2_2=100), behaving basically like clones. [FZIPX vs. FSMAX there's a bit more gap](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2023&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=FZIPX&allocation1_1=100&symbol2=FSMAX&allocation2_2=100) (zero had worse 2020/21 but less-bad 2022). But, of course, they've only existed for a few years, so this is hardly long-term data. The knock I recall seeing (when I was initially thinking about it) is that they *approximate* the index they're trying to mimic with their own, smaller, proprietary mix. So, for example, [FZROX has 2688 holdings](https://fundresearch.fidelity.com/mutual-funds/summary/31635T708), while [FSKAX has 3956 holdings](https://fundresearch.fidelity.com/mutual-funds/summary/315911693). Do you trust their methods, or would you prefer to pay a handful of basis points for the (still very cheap) normal index alternative?

Lechuwga1773892

—-^^Largest shareholders include Vanguard Group Inc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, BlackRock Inc., VEXMX - Vanguard Extended Market Index Fund Investor Shares, Geode Capital Management, Llc, Natixis, FSMAX - Fidelity Extended Market Index Fund, Morgan Stanley, State Street Corp, and IWC

Arctic_Scrap

That’s what I do for my company 401k. 80% into FXAIX and 20% into FSMAX. I think if I’m still here in my mid to late 40s I’ll switch over to a target date fund.

Cruian

It could be a large vs small cap thing. VTIAX (7900+) has far more holdings than FZILX (2,300+). For comparison to within the US, FXAIX (S&P 500) is at +8.2% vs FSMAX (US extended market only) is only at +4.68% on YTD.

Kempsun

Well I have 60k already invested from previous years, I invested another 45k this year but it’s sitting in my account and hasn’t been allocated to a fund yet. Thinking of going 100% into FSKAX as the FSMAX performed very poorly the past few years, it’s lost 25% of its value.

Cruian

>I’m really looking for one strong mutual that pairs well with SPY to base my account on. FTIHX. There's a long history of US and ex-US taking turns outperforming each other. FSMAX, to cover the rest of the US market (basically: FSKAX - SPY = FSMAX).

Canadian-Summer

SCHD- Schwab dividend, FXAIX- fidelity S&P 500, FSMAX- Fidelity extended market, FSPGX- Fidelity Large Cap Growth, FMDGX- Fidelity mid cap growth, FECGX- fidelity small cap growth.

rudbeckiahirtas

Every employer's offering is likely to be different - I went through a couple years ago and checked the ones available through my plan, and basically picked those with the lowest fees but still decent historical returns. If specific funds are helpful, I believe I'm currently invested between FSMAX, FXAIX, and OIEJX, though I expect this will change in the future as I switch jobs, etc. Somewhat unrelated, though it bears mentioning (no pun intended) - the absolute best times to be investing for the long run are during a recession. Index funds/stocks are on sale 😉

craftsandtea

For whatever reason when I navigate to the page to make the exchanges, the only options are: Fid Extd Mkt Indx (FSMAX) JPM MdCap Gr A (OSGIX) MFS Blnd Rsrch MdCap Eq R3 (BMSTX) NW MdCap Mkt Indx A (GMXAX) Pionr Sel MdCap Gr A (PGOFX) TRowePr MdCap Val R (RRMVX) Vic Syc Estblshd Val A (VETAX) Vngrd MdCap Indx Inst (VMCIX)

PacoPollito

In my IRA I hold 60/40 FZROX/FZILX In my 401k I hold 48/12/40 FXAIX/FSMAX/FSGGX

DukeMacManus

So I'm trying to decide what to do with a 401k account from an old employer. The expense account is 0.34% which is a lot higher than my current 401k account (a Vanguard one at .08%). It's a T Rowe Price plan serviced by Fidelity but I'm limited to T Rowe Price Retirement funds of different years, Fidelity products (FXAIX and FSMAX and some bond funds) or "Brokeragelink" which seems above my understanding. I'm planning to retire in 2050, would it be worth it to move into FXAIX for the much lower expense ratio given that my TRP retirement fund is already 93% stocks?

WolfStreet2024

Top holders of Evofem Biosciences Inc sourced from 13F and NPORT filings include: Vanguard Group Inc with 6,419,245 shares representing 18.14% ownership of the company. In it's last filing, the firm reported owning 6,860,966 shares. This is a decrease of 441,721 shares or 6.88 percent. Additionally, the investor currently has 0.0001 percent of its portfolio dedicated to EVFM. This is a decrease of 11.71 percent from their report three month prior. VTSMX - Vanguard Total Stock Market Index Fund Investor Shares with 3,910,163 shares representing 11.05% ownership of the company. In it's last filing, the firm reported owning 4,334,863 shares. This is a decrease of 424,700 shares or 10.86 percent. Additionally, the investor currently has 0.0001 percent of its portfolio dedicated to EVFM. This is a decrease of 14.62 percent from their report three month prior. BlackRock Inc. with 3,910,109 shares representing 11.05% ownership of the company. In it's last filing, the firm reported owning 3,921,774 shares. This is a decrease of 11,665 shares or 0.30 percent. Additionally, the investor currently has 0.0000 percent of its portfolio dedicated to EVFM. This is a decrease of 4.54 percent from their report three month prior. Mirador Capital Partners LP with 2,807,681 shares representing 7.94% ownership of the company. In it's last filing, the firm reported owning 80,017 shares. This is an increase of 2,727,664 shares or 97.15 percent. Additionally, the investor currently has 0.1933 percent of its portfolio dedicated to EVFM. This is an increase of 2,959.98 percent from their report three month prior. VEXMX - Vanguard Extended Market Index Fund Investor Shares with 2,316,042 shares representing 6.55% ownership of the company. In it's last filing, the firm reported owning 2,325,054 shares. This is a decrease of 9,012 shares or 0.39 percent. Additionally, the investor currently has 0.0008 percent of its portfolio dedicated to EVFM. This is an increase of 0.18 percent from their report three month prior. Geode Capital Management, Llc with 1,521,357 shares representing 4.30% ownership of the company. In it's last filing, the firm reported owning 1,362,128 shares. This is an increase of 159,229 shares or 10.47 percent. Additionally, the investor currently has 0.0001 percent of its portfolio dedicated to EVFM. This is an increase of 4.86 percent from their report three month prior. First Wilshire Securities Management Inc with 1,100,000 shares representing 3.11% ownership of the company. In it's last filing, the firm reported owning 1,100,000 shares. Additionally, the investor currently has 0.1314 percent of its portfolio dedicated to EVFM. This is an increase of 2.06 percent from their report three month prior. FSMAX - Fidelity Extended Market Index Fund with 888,977 shares representing 2.51% ownership of the company. In it's last filing, the firm reported owning 888,977 shares. Additionally, the investor currently has 0.0011 percent of its portfolio dedicated to EVFM. This is an increase of 18.26 percent from their report three month prior. Susquehanna International Group, Llp with 676,693 shares representing 1.91% ownership of the company. In it's last filing, the firm reported owning 1,146,920 shares. This is a decrease of 470,227 shares or 69.49 percent. Additionally, the investor currently has 0.0000 percent of its portfolio dedicated to EVFM. This is an increase of 18.01 percent from their report three month prior. D. E. Shaw & Co., Inc. with 491,726 shares representing 1.39% ownership of the company. In it's last filing, the firm reported owning 2,259,926 shares. This is a decrease of 1,768,200 shares or 359.59 percent. Additionally, the investor currently has 0.0002 percent of its portfolio dedicated to EVFM. This is a decrease of 77.77 percent from their report three month prior.

FUTUREMONEY888

Looks like INPIXON may bounce from this ATL institutions been accumulating they have only been growing with indoor mapping getting into crypto metaverse now did a offering around .48 closing of offering should be announced any day nice time to accumulate at .28 Top holders of Inpixon sourced from 13F and NPORT filings include: Armistice Capital, Llc with 7,023,950 shares (5.64% ownership) Vanguard Group Inc with 4,900,164 shares (3.93% ownership) VTSMX - Vanguard Total Stock Market Index Fund Investor Shares with 2,722,801 shares (2.19% ownership) VEXMX - Vanguard Extended Market Index Fund Investor Shares with 1,873,222 shares (1.50% ownership) BlackRock Inc. with 1,225,764 shares (0.98% ownership) Geode Capital Management, Llc with 991,677 shares (0.80% ownership) FSMAX - Fidelity Extended Market Index Fund with 680,814 shares (0.55% ownership) Gsa Capital Partners Llp with 569,580 shares (0.46% ownership) State Street Corp with 326,799 shares (0.26% ownership) IWC - iShares Micro-Cap ETF with 231,873 shares (0.19% ownership)

pdoherty972

People who play individual stocks are, IMO, mostly victims of the get-rich-fast syndrome. Either they waited too long to start investing and feel they need to "catch up", or they're simply impatient and want to get to retirement quicker. Or they're simply gamblers and prefer to swing for the fences. I've been solely in a SPY fund (FXAIX) and a similar one (FSMAX) for years and just watch the ride. I won't make as much as some of the ones who pick well/lucky, but I also won't lose like most of them, either.

pdoherty972

Didn't realize that, thanks. I have most in FXAIX and some in FSMAX.

pdoherty972

> I want to find at least one or two bogle heads in real life and punch the fuckers in their face for being smart. *Has 100% of my portfolio in FXAIX and FSMAX - presenting face for potential punching (if that qualifies as being "Bogle-like")*

flux8

FSMAX are the all mid and small cap companies. IOW, all the companies other than the S&P 500. FSMAX = FSKAX - FXIAX

dak4f2

Thank you for this. Hope does FSMAX (Fidelity Extended Market Fund) compare to these?

pdoherty972

VTSAX/FXAIX - S&P 500 FSMAX - similar

SanctimoniousSalmon

I just dumped FSMAX and exchanged for FXAIX.

srrangar

If you don't have FSKAX or FZROX as an option in 401K I would go with FXAIX - Fidelity® 500 Index Fund and FSMAX - Fidelity® Extended Market Index Fund. The combination of FXAIX and FSMAX would get you the entire Stock Market.

pdoherty972

FXAIX and FSMAX is what I'm in.

pdoherty972

Yep - VTSAX/FXAIX/FSMAX, for the win.

pdoherty972

That's what I did. All my stock investments are in FXAIX/FSMAX (S&P ETFs), but that only is 1/3rd of my overall retirement assets. The other 2/3rd is in cashflowing rental properties. Which insulates me from the stock market to a large degree.

buffsop

Honestly, I just wish I had gotten into it sooner. Up until 2 years ago (I'm 28, so I was roughly 25/26), I was one of those people who thought "Most people lose in the stock market," so I stayed FAR away from it. I didn't realize that beating the S&P 500 wasn't something even the most proficient brokers could do year after year, and I didn't realize how easy it was to invest in overall markets instead of individual stocks. Broadly speaking, I didn't realize how "safe" the US stock market was until I read up on it. (It's obviously not 100% safe, but it's a much safer place for my money than I realized.) For the better part of my life, I believed that if I put any money into the NYSE without the help of someone managing it, I could pretty well kiss it goodbye. Now, I have the vast majority of my brokerage assets in $SPY, $FXAIX, and $FSMAX with some "play money" in individual stocks like $TSLA, $GME (Don't judge me), and $CRSP. Know what would happen to me if all of those stocks went to $0? Nothing. Sure, it sucks to lose a couple thousand, but after a while of investing in "safe" methods, I wanted to have a little bit of risk involved for fun.