FSMDX
FIDELITY MID CAP INDEX FUND INSTITUTIONAL PREMIUM CLASS
Mentions (24Hr)
-100.00% Today
Reddit Posts
ROTH IRA contributions sitting in cash currently
Are there any cons to investing in FSKAX over the popular VTI?
Mentions
Just looking for input/opinions on portfolio ideas for my retirement accounts. Disclaimer: I don't consider myself a financially savvy person, especially when it comes to investing. These ideas come from a mix of google research and AI. I currently have everything in S&P 500 funds or Target Date Funds. Keep in mind that I have limited fund options for some of these accounts. If you want a full list of what is available to me I can provide it. I prefer to keep things fairly simple. I believe I can setup auto rebalance with Fidelity but I can't with my Schwab Roth IRA. I would say I have a fairly high risk tolerance at the moment. Currently 40 years old, with an expected retirement age of 65. Employer 401k (Fidelity): 55% FXAIX, 15 FSMDX, 10 FSSNX, 15 FSGGX, 5 FXNAX Employer HSA (BoA): 100% VTWAX Roth IRA (Schwab): 70% SWTSX, 20 SWISX, 10 SWSSX (If VT were an option here I would likely go 100% on that. I could do VTWAX again but there are transaction fees)
34M I’ve been investing for about 6 years now and have made decent money from good investments. I have a pretty good idea of what I’m doing but have never had a 401K before. I recently got a new job that provides one and a match, which I fully understand how they work. From my investing experience I know that it’s best to diversify a bit so that’s what I did. These are the choices I made and the percentage of each I have going to them from each contribution. FSMDX(Fidelity Mid cap index)-20% ODIIX(Invesco discovery fund)-10% JLGMX(JPM large cap growth)-20% MINJX(MFS international fund)-10% VINIX(Vanguard institutional index)-20% FRBEX(Fidelity 2070 fund)-20% I can change my contributions and choices at anytime, and am allowed to rebalance as well. Any suggestions or advice would be greatly appreciated.
My first piece of advice would be to sell all of the individual stocks and sector/industry ETFs. Like others on this thread, I have learned from experience that it's a recipe for underperformance. Once you do the above, then I think the next step is to diversify. The Roth IRA is relatively easy, since you already have a couple of funds that could serve as a starting point. One potential strategy would be: \- FXAIX = 56% \- FSMDX = 14% \- FSSNX =10% \- FSPSX = 20% The taxable account is more challenging. The equity portion could follow a similar strategy to what's above, but you also say that you are looking to generate income. How much income are you looking to generate? Is what you have in SGOV providing enough income or do you need more? If you need more, then you may need to change things up. \-
>I know most would opt out from investing into a TDF, but if I were to get out, only best investment is Fidelity S&P 500 (FXAIX) with expense ratio of 0.015%. Maybe add FSMDX (mid-cap; 0.025%) and TSCSX (small-cap; 0.78%)? FSPSX (International; 0.035%)? why would you get out of the TDF and then re-assemble a TDF?
1) Minimize losses by swapping SPLG for FUTY utilities ETF. 2) Shrug while spouse's 401k keeps being dumped into least awful thing they offer: FSMDX midcap index. 3) Scrape the tiny scraps of each paycheck into a high yield savings: it's not enough to hurt us at tax time & I have no interest in trying to catch a falling knife. 4) Be grateful we haven't been DOGE'd, have a roof over our head, and have *anything* to contribute to a rainy day fund.
Like thoughts on this portfolio in my 401k, hoping to retire in 5 to 7 years. VOO 53% FCPGX 11% Small Cap index SCHD 10% VYMI 10% Int High Div Yield FSMDX 9% Mid Cap Index JEPI 5% BND 2%
Put me down in the financial advisors are not worth it group. The internet can give you the same advice an FA can give. I will give your FA credit though 1. Put you in low cost Fidelity Mutual Funds and not in commissioned funds 2. Your portfolio is mostly diversified, but underperforms the S&P 500 Index is my guess FSPGX 5 year annual return 18.88% FLCOX 5 year annual return 8.08% FSGGX 10 year annual return 5.26% FSMDX 10 year annual return 10.26% FSSNX 10 year annual return 8.60% But, you are here for a reason. You have come to the conclusion you could have done the same thing, buy mutual funds and not pay the 1% AUM. I am retired and I never used a financial advisor. I feel I know more than most any FA I will run into, especially if they work for a bank or an insurance company. Long ago I came to the conclusion to put our retirement accounts into the S&P 500 Index. It worked out well for us. We own taxable small cap value mutual fund and a taxable international fund to be diversified. You are 22 with $58,000 in investments, WOW. When I was 22, I was dead broke, and had no clue, but I could drink beer. Vanguard might offer those Fidelity Funds. You could roll them over to Vanguard, FREE, and sell them. If you what you paid for them is less than what you sell them for you will pay taxes on the gains, you cannot avoid capital gains if you have them. No one ever went broke taking a profit.
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.
Although the S&P 500 is pretty well diversified, a lot of the index funds out there for it, are pretty heavy in the top 10 holdings, sometimes upwards of 30-35%+. I'm in FXAIX, and their top 10 is 35.7%. (I'm not really complaining, because the fund is doing fantastically well, but still...) I have a multi-index fund strategy in place, where I have a large, mid and small cap low-cost index fund. S&P 500 is my large cap. I also have a low-cost International fund, because a lot of "Total Market" funds have very minimal International company exposure. Here's my 4 base tickers with expense ratios: FXAIX - large - 0.015% FSMDX - mid - 0.025% FSSNX - small - 0.025% FSPSX - international - 0.035% Small price to pay to have multiple dividends per year, but much more diversity.
dually noted. Maybe I will ponder moving out of FSKAX and into FXAIX +FSMAX or more likely FSMDX
Add some FSMDX & FSSNX to cover all basis
Current auto-investment allocation is as follows. FXAIX S&P500 75% FSMDX mid-cap 8% FSSNX small cap 9% FSPSX international 8% Plan to rebalance yearly.
Current auto-investment allocation is as follows. FXAIX S&P500 75% FSMDX mid-cap 8% FSSNX small cap 9% FSPSX international 8% Plan to rebalance yearly.
30yo with a Roth IRA through Fidelity. I set the auto investments years ago so hoping for some guidance/advice. Current funds owned include FXAIX (56% of balance), FSKAX (18%), and FSMDX and FSSNX (both 13%). I feel like I should sell everything and make things easy by doing an 80/20 split into FZROX and FZILX - is there anything I’m missing by selling all right away and doing this approach? Also, is the 1x salary in retirement by 30 still the goal? I feel like I’m behind but total Roth IRA/401k balance is about 120% of current salary. Hoping to continue maxing out the Roth annually and contributing 12% (with add’l 6% employer match) into 401k. Right now I’m splitting my 12% into 7% Roth and 5% traditional but maybe that should get tweaked too. Thanks!
30yo with a Roth IRA through Fidelity. I set the auto investments years ago so hoping for some guidance/advice. Current funds owned include FXAIX (56% of balance), FSKAX (18%), and FSMDX and FSSNX (both 13%). I feel like I should sell the small/mid cap funds and roll them into FSKAX to simplify things and then maybe add some int’l exposure, just don’t know what allocation %s should look like. Also, is the 1x salary in retirement by 30 still the goal? I feel like I’m behind but total Roth IRA/401k balance is about 120% of current salary. Hoping to continue maxing out the Roth annually and contributing 12% (with add’l 6% employer match) into 401k. Right now I’m splitting my 12% into 7% Roth and 5% traditional but maybe that should get tweaked too. Thanks!
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)
83% FXAIX 8% FSMDX 9% FSSNX got this from [https://www.bogleheads.org/wiki/Approximating\_total\_stock\_market](https://www.bogleheads.org/wiki/Approximating_total_stock_market)
For context, I am turning 30 this year. So if went the target date fund route, I’d choose the 2055 or 2060 fund. Otherwise, my thoughts are to go 70% into FXAIX, 10% into FSSNX, 15% into FSMDX, and 5% into FTIHX. Would I be better off just going 100% into FXAIX?
You dont really need bonds for maybe another 15yrs. Get rid of the bonds in your wife's account and make it 75/25 or 80/20 VTI and VXUS. With your 401k you can do the same using the 4 equity funds 50% FXAIX, 15% FSMDX, 10% FSSNX, 25% FSPSX. Alot of people that use the TDFs will select one that instead of 2045 be more aggressive and go with say 2055 or higher.
I was in the same boat as you in the beginning of 2022, thought I should spread out my 401K more and revamp it. Turns out digging around the company 401k most of the options listed (20 to choose from) were all super high fee target date funds, bonds, and some "ARDXXXXXX funds, which most were still comprised of VFIAX, which is what I settled on, 80% that, 10% Midcap(FSMDX), and 10% international (FSPSX) has been working well so far!
Would like some advice on my IRA portfolio. Am I overdoing it with all these funds? 33 y.o. FBGRX FPADX FSMDX FSSNX FXAIX FZILX
I did 40% into FXAIX, 15% into FSSNX(small cap), FSMDX(mid cap), FSPSX(international index), and FDKVX (2060 target date). How does that allocation sound?
One thing to be aware of is that there is overlap between FXAIX and FSMDX. FSMDX tracks the Russell mid cap index which overlaps with the S&P 500. If you want to break it out by large, mid, and small cap funds, I’d recommend something like SPMD (mid) and SPSM (small). They track the S&P indexes and won’t have any overlap.
I got out of FSMDX due to the low returns. I switched it out for the FMCSX.
One thing I would add is that you will have overlap with FXAIX and FSMDX. FSMDX tracks the Russell mid cap index while FXAIX tracks the S&P 500. There’s about 17% overlap between the two funds. I wish fidelity had a mid and small cap fund tracking the S&P 400 (mid) and S&P 600 (small), instead of the Russell indexes but I’m not aware of one.
I've had FXAIX for the past 8 or 9 years in my Roth, and have been overall really happy with the returns. I tend to take this approach - rather than a "total market" fund, which normally doesn't include much, if any International exposure, I do this (I'm with Fidelity, so these are all Fidelity funds): Large cap - FXAIX - S&P 500 - 0.015% ($1.50/year/10K invested) Mid cap - FMCSX - higher expense ratio, but WAY better returns than my original choice of FSMDX - 0.85% ($85/year/10K invested) Snall cap - FSSNX - 0.025% ($2.50/year/10K invested) International - FSPSX - 0.035% ($3.50/year/10K invested) I like this multi-fund approach for a couple of reasons: 1. More funds = more distributions throughout the year, vs usually an annual distribution for the total market fund) 2. Yes, more funds = more expense, BUT most of these funds are incredibly inexpensive, as you can see. As others have said, since it's your Roth account, tax efficiency makes no difference here - go with the S&P 500 fund with the lowest cost. I'm not sure I've even seen an S&P fund that's doing as well as FXAIX with that low of an expense ratio.
If those are items that you selected its mismanaged by YOU. I also have a Principal for my work 401k. Their interface doesn't make it easy to see what is winning and what is a dud. In the last 18 months I have adjusted things a bunch and found the following mix to be pretty good: Fidelity 500 Index Fund FXAIX (This should really be 50% or more). Fidelity Mid-Cap Index Fund FSMDX Fidelity International Index Fund FSPSX Maybe a target date fund but I haven't been impressed with how they do.
Question: What to do with Fidelity Taxable Investment Account currently down -3.44% ? I invested a lump sum $42K per the advice of a financial advisor in April '22 but now we are looking at a future home down payment and have High Yield Savings with 4.5% return that's doing well. April 22' Taxable Investment Account Allocation for $42K: FXAIX: 21% | total loss -3.17% FSMDX: 10% | total loss -7.77% FSSNX: 11% | total loss -8.61% FTIHX: 18% | total loss -3.39% FMBIX: 40% |total gain 0.75% \*Down $1,450 or -3.44% total including dividends \------------------------------------------------------------------------ How old are you? What country do you live in? - late 30's USA Are you employed/making income? How much? - \~$150K What are your objectives with this money? (Buy a house? Retirement savings?) - Buy a house and fund a baby on the way What is your time horizon? Do you need this money next month? 6-24 months What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?) - medium to low What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?) - State Public Employee Retirement over $150K, Deferred Compensation $50K, Roth IRA $10K, Roth 401(k) $10K, High Yield Savings (4.5%) $80K Any big debts (include interest rate) or expenses? Wife Student Debt $80K paying $1K /month And any other relevant financial information will be useful to give you a proper answer. Our Financial Adviser in April '22 suggested the following $42K lump sum investment, in addition to opening Roth IRA: April 22' Taxable Investment Account Allocation for $42K (untouched): FXAIX: 21% FSMDX: 10% FSSNX: 11% FTIHX: 18% FMBIX: 40%
I'm at about 28% FXAIX, up about 56% - that's the one I've held the longest. I don't own FSMDX anymore - I switched it out for FMCSX, which overall has higher returns (and higher expense ratio, but worth it for me) 17% FMCSX, up 38.7% 19% FSSNX, up about 24.6% 16% FSPSX, up about 24.3% The rest of my portfolio is in individual funds, and some sector-specific funds. FSELX is one of them. Currently up 37% total on this one. Its 1 / 3 / 5 / and 10 year earnings are: 51.11% / 34.12% / 28.54% / and 26.79% The reason I recommend FSMDX even though I don't own it anymore, is for people starting out - it's a good fund, and VERY low cost, but I don't have the time to wait that a 20-something would have. I'm late 40s, so higher returns now are more important to me.
Rather than limiting yourself to the biggest 500 companies, I would do something like this (I'm with Fidelity, so these are all Fidelity funds): Large cap: Fidelity 500 (S&P 500): FXAIX (0.015% expense ratio, one of the lowest you'll find) Mid cap: FSMDX (0.025%) Small cap: FSSNX (0.025%) International: FSPSX (0.035%) By investing this way, you're diversifying into basically the entire stock market, including International, which even most "total stock market" funds don't give you. The way to read these expense ratios is, taking FXAIX as an example: 0.015% means you'll pay $1.50 per year, per $10,000 you have invested in the fund. So the mid / small caps would be $2.50, and the International would be $3.50. All extremely low cost funds. I've been doing this for about the past 10 years, and very happy with the returns so far. I even got into some specialized sector funds later, but my primary strategy is still this multi-fund low cost portfolio.
The funds I currently have in my 457b are: Large cap: Fidelity 500 - FXAIX (I love this fund - have owned it my Roth IRA for years, with an extremely low expense ratio of 0.015%.) Mid Cap: Vanguard Mid-Cap Index Fund Admiral Shares - VIMAX Balanced/Value Fund: Victory Sycamore Established Value Fund - Class I - VEVIX Small Cap: Vanguard Small-Cap Index Fund Admiral Shares - VSMAX International: Vanguard International Growth Fund Admiral Shares - VWILX Speciality Fund: Cohen & Steers Real Estate Security Fund - Institutional Class - CSDIX Most of my available funds are from Vanguard as you can see (expense ratio at 0.7 or lower), and are pretty low cost. Cohen & Steers is higher at 0.84%, and Victyory Sycamore is at 0.58%, but these two also have VERY good returns, so I'm ok with the higher cost. For Roth IRA, the mid cap I had originally was FSMDX - 0.025%, so low cost, but pretty average to below average returns. I switched to FMCSX at 0.85%, but SIGNIFICANTLY better returns.
What does everyone think of this Roth IRA allocation? I am about 25 years away from retirement: 20% US Large Cap (FXAIX) 20% US Mid Cap (FSMDX) 20% US Small Cap (FSSNX) 20% Int'l Developed (FSPSX) 10% Nasdaq Composite (FNCMX) 5% REIT (FSRNX) 5% Emerging Markets (FPADX) Contribute the max annually, rebalance annually.
>I've been contributing to VTTSX as my main position, which is a target retirement fund for 2060. Other options for funds include: SWPPX, FSSNX, FSKAX, FSMDX. They give us limited options, but of these, what other funds should I consider? Or keep on the current track? If you do not know how to construct an investment portfolio according to an asset allocation strategy, I would stick with the target date fund. Too many articles online bad mouthing TDF's because they know they are popular and it will get them clicks. Also, a lot of portfolio suggestions on reddit are influenced by recency bias. ​ When I was younger I wasted a lot of time thinking picking the "perfect" asset allocation and picking the "best" funds was going to benefit me in the long run, instead I learned that I should have focused more on improving my income and increasing my contribution rate. A person can easily become trapped in searching for the "best" portfolio, but in reality the best portfolio is only known in hindsight. Which matters more for building wealth: Your saving rate or your investment returns? [https://www.getrichslowly.org/building-wealth/](https://www.getrichslowly.org/building-wealth/) ​ >I am able to contribute on pre-tax or on Roth % basis. I'm currently at 8% Pre-tax, but was thinking to do a 4% split between the two. Is this wise? [https://www.reddit.com/r/personalfinance/wiki/rothortraditional/](https://www.reddit.com/r/personalfinance/wiki/rothortraditional/) [https://www.zdnet.com/finance/taxes/what-do-pre-tax-and-post-tax-mean-and-why-should-i-care/](https://www.zdnet.com/finance/taxes/what-do-pre-tax-and-post-tax-mean-and-why-should-i-care/) https://www.fidelity.com/viewpoints/retirement/how-much-money-should-I-save
I'm 30 years old and contributing 8% of earnings to my 401k. I plan to contribute more going forward, but recently purchased my first home and trying to pay down on debts. I earn base pay approximately 55k gross and tracking with commission/bonus at 80-85k total compensation. The 8% to my 401k comes out of my regular biweekly pay, and my bonuses each month are taxed at 35%. 1. Is it possible to have my employer contribute part of my commission to my 401k? 2. I am able to contribute on pre-tax or on Roth % basis. I'm currently at 8% Pre-tax, but was thinking to do a 4% split between the two. Is this wise? 3. I've been contributing to VTTSX as my main position, which is a target retirement fund for 2060. Other options for funds include: SWPPX, FSSNX, FSKAX, FSMDX. They give us limited options, but of these, what other funds should I consider? Or keep on the current track?
As others have said, they don't track the same index. The way I got into investing in my Roth in the early days (about 10 years ago), and I still do mostly the same now: Rather than have a single "total market fund" (like FSKAX), I have a large, mid, small cap and a bit of international to really diversify. Large: FXAIX (0.015%) Mid: FSMDX (0.025%) Small: FSSNX (0.025%) International: FSPSX (0.035%) (Max 10% of portfolio) When going this way, the fund price is super cheap, but you get multiple dividend payouts and some also offer capital gains distributions = faster compounding. If you only chose FSKAX, you get 2 dividends per year. If you chose FZROX (or any of the current free funds), you'd get 1 dividend payout per year. I've since upgraded my Midcap fund to FMCSX which has a much higher expense ratio of .85%, but also has significantly better returns too.
Target date fund at fidelity expense ratio is on the higher side. I avoid it with the other 401k options. Instead of FSKAX which is what I use in taxable accounts you could make up for the diversification in your Roth IRA by changing to bonds and international if you move away from the TDF. If your 401k plan has it I use FXAIX and FSMDX for the lower expense ratios. At 15% it sounds like you are counting your employer’s match as part of the contribution limit. Their contributions do not count towards your limit of 22.5k. In total there is a separate limit including employer’s contributions around 55k.
FTIHX. Expense ratio is a nonfactor. Also I suggest FSKAX over S&P500, that’s my largest holding in both my IRA and 401(k). That way you get mid cap and small cap exposure. Or keep what you have and buy FSMDX and FSSNX.
You're right that holding both VTI and FSMDX might be a bit redundant, they're both focused on the US stock market. You could consider consolidating into one of them, with VTI providing broader exposure. It's a good idea to add BND (or a similar bond fund) as you get older to help manage risk, but you won't need that for quite a while at your age.
My setup is kinda weird... 55% FXAIX 20% FSMDX 10% FSSNX 10% FSPSX 5% APGZX But I have been contributing 100% to FXAIX for the past year or two since I have been managing it myself. 6% contributions from myself with a 3% company contribution and a 2% match from the broker. So basically 11% total I guess? Please let me know if im doing things wrong lol.
28 y/o, pretty risk averse and would love some brutally honest feedback. More of a "set it and forget it" kind of person, but I want to make sure I'm on the right track. FXAIX - 50% FSMDX - 16% FSPSX - 16% AAPL - 7% FAGIX - 4% IEMG - 2% FECGX - 2% BB - 1% CRLBF - .2%
What do to think of 70% FSKAX with 15% FSMDX and 15% FSSNX? VTI/FSKAX are so large cap weighted I like to have more exposure to the growth that small/mid caps can deliver.
>FSMDX - 4% (0.025% ER) >FSSNX - 10% (0.025% ER) >SWPPX - 28% (0.02% ER) For US: https://www.bogleheads.org/wiki/Approximating_total_stock_market Fort ex-US,. consider skipping it here and over weighing it in your IRA and taxable to make up for it.
I go 50 FXAIX and 50 FSMDX in my 401k. Options look similar so I would be curious what others comments are.
Of it were me, I would place 25% in FXAIX and forget about it, another 25% in FSMDX and forget about it. I would take the other 50% and invest in some ETF's I like (METV, MJ, KARS) and maybe even grab some Coca Cola and BRK-B .
I bought in to a small cap and mid cap mutual fund to round out my portfolio in my IRA. My current holdings are as follows: Large Cap/S&P: FXAIX, 40% Mid-Cap: FSMDX, 15% Small-Cap: FSSNX, 15% International: FZILX, 30% Small Cap has been generally outperformed the S&P since I bought it. Does anyone have any thoughts on how small cap will fare relative to mid and large cap moving forward?
Below is what I’m considering doing as my allocation in my IRA for a bit. I’ve already invested most of my funds in FXAIX and FZILX, so I wanted to round out the domestic market a bit using funds currently invested in mutual funds that are redundant with FXAIX for the most part. Is the below allocation well diversified? 30% S&P 500 - FXAIX 15% Mid-Cap - FSMDX 15% Small-Cap - FCUTX 30% Total International - FZILX I know it’s easier to just invest in VTI but I like things like this and figure it’s more or less the same but I’d prefer to be able to tinker with the percentages as I continue to learn.