FSPTX
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FSPTX is a mutual fund, so the order does not execute intraday. It settles once per day after market close at the fund’s NAV. For ETFs, a limit order means you are willing to wait until a seller is available at your specified price. Looking at average daily volume and the bid/ask spread gives you a good sense of how quickly a limit order is likely to fill. In general, for a buy order, placing the limit closer to the ask than the bid will result in faster execution. For highly liquid ETFs, such as those tracking the S&P 500, using a market order is usually fine. The bid/ask spread is very tight, so execution is immediate and the expected slippage is minimal for long-term investors. If you want to avoid intraday execution altogether, you could also buy an S&P 500 mutual fund such as FXAIX (Fidelity 500 Index Fund), which executes once per day at NAV.
FSPTX is not an exchange traded fund but rather a mutual fund. Your order will execute at the end of the trading session.
Honestly yeah idk why everyone is panic selling this shit was expected for awhile. Times as good as any to buy buy buy, don’t try to time it either just fucking buy. I’m all in on FSPTX, QQM, FTEC in separate accounts , also keep my bread and butter 75/25 FXAIX/FSPFX
Tech and AI is quite literally the future. This week was just a bump in the road. Should my portfolio be 30% FSPTX? Probably not but im aggressive as fuck in my investments and know what sectors are going to dominate in the long run.
This right here. I’m down $2500 in the last week but we hold. Most people would panic sell like we’re all seeing right now; im gonna go buy some more FSPTX actually
I'm starting to shift my money into FSPSX from FSPTX until 2028. I feel safe investing in the international market since they are beginning to go around us with all of these new retaliatory trade agreements. Anyone else?
If you put the $470k into an index fund and averaged 7% returns for the next 20 years without ever contributing another dollar - you’d have $1,898,207 in 20 years time basically risk free. You’ve been incredibly lucky risking the entire balance of your account. I’d say walk from the casino - put $450k into index funds that are tech weighted S&P based - FSPTX is my favorite and use the other $20k as play money to try and recreate your success. You should now be in capital protection mode instead of trying to double again.
>- 3.4k in my Roth IRA (Just started). Aggressively invested in a split between 6 ETF's: FBGRX, FBIOX, FOCPX, FSCSX, FSELX, and FSPTX. Would you be opposed to just investing simply in FZROX (Fidelity Zero Total Market Index Fund) instead? Do you have particular opinions in your investments rather than just buying the whole hay stack? >My main question is should I pause contribution to the Roth IRA to accelerate the home buying process? Roth IRA contributions can be withdrawn at any time for any reason without penalty, so if you really want to you can meet halfway and contribute to your Roth IRA as before and then pull out the contributions you made when you buy the house. You'll get to at least enjoy the potential growth free of tax. That being said though, you should look to reducing your general expenditure and/or increasing your income first. Make a budget, as the canned saying goes.
Find the flow chart, and give yourself a Roth funding every year with this money until it is all in the Roth. You can still fund 2024 until April. this is salary dependant....so increasing the 401k deduction can help lower the AGI. Investment choices for me; SPY, QQQM, AAPL...then four yers ago when I got my inheritance I went to the Fidelity mutual fund search and sorted the 3 year returns. It landed me in FSELK, FBGRX, and FSPTX.
Just buy some sort of semiconductor or tech ETF and you'll be solid. Personally go for FSELX/FSPTX and DCA.
I have been investing in index funds this year with a brokerage (have only invested 401k before). Investing on FXIAX and FSPTX. This SPY play is done with HYSA money, since I don’t see the downside of doing it, as long as I commit to keep the baseline (starting money) and harvest the small gains, moving the gains back to money market or even HYSA. The downsides I have been hearing applies for an overall portfolio. My case I wanted to keep this cash “liquid-ish”, hence I didn’t add to index fund. Wondering if anyone ever done such thing and pros/cons when tax time comes.
Hello, Reddit! I am a 19-year-old who started working full-time at the beginning of this year and decided to focus on improving my finances. I began investing my money in early October and wanted to share my progress with you all. I’d love to hear your opinions and get some constructive criticism. I’ve learned a lot from reading other posts on this subreddit, and I personally think I’m on the right track. However, I’m eager to gain more knowledge and continue improving. So far, my current goal is to prioritize maxing out my Roth IRA every year. Once that’s done, I’ll shift my focus to investing in ETFs on Robinhood. In my Roth IRA, I currently have around $6,000, which I’ve allocated as follows: FXAIX - 60%, FSPTX - 20%, FTIHX - 10%, and FXNAX - 10%. I think this split is fairly good, but I’m open to suggestions for improvement. On Robinhood, I have about $3,500 invested, split between VOO, VTI, and GLD. I also learned that having an emergency fund is an important step, so I set aside $10,000 in a 12-month flexible CD.. This is my progress so far, and I plan to continue growing my portfolio by investing around $500–$1,000 from my $1,500–$1,700 bi-weekly paycheck.
# Are there mutual funds (not ETFs) that are similar to MAGS and FTEC? I have a Fidelity BrokerageLink account under my 403b, but it only lets me invest in mutual funds, not stocks or ETFs. What is a way using mutual funds to buy the largest 5 to 7 tech companies? Are there any mutual funds similar to MAGS that I can invest in? I've been searching and don't see any. There are tech-focused mutual funds like FSELX, FSPTX, FSCSX (and other similar ones), but those aren't concentrated like MAGS in the top 7 tech companies. Also, are there any mutual funds similar to FTEC in composition (all the tech-focused mutual funds I see have different compositions than FTEC)?
Most of the people here are poors larping as rich let’s be real. I didn’t start climbing significantly in my net worth until I started ignoring most of the BS option plays on this sub. $FSPTX for the win.
I hold ADBE- $500 AMD $7000 AVGO $15,000 NVDA $32,000 FSELX $15,000 FSPTX $9,000 FXAIX $115,000 FZILX- $100 MKTAY $900 MU $400 Thinking about selling AMD & AVGO and going NVDA, FSELX or FXAIX with the funds.
Currently, FSPTX is the only true tech etf that I hold. But I am also in FDVV. It is a somewhat tech heavy dividend fund. They are about 24% of my portfolio. The other 75% is split between an S&P 500 and a total market fund. All of these funds have some overlap and therefore increase my tech exposure. At one point, I was about 90% tech, lol. I moved away from individual stocks a few years ago. I got lucky with a few swing trades but decided that swing trading involves too much risk for a person my age. And I don't have time to research companies or the market like I used to. I am confident in FSPTX and plan to keep it at around 15-20% of my total portfolio, despite its somewhat higher expense. I am on the fence about FDVV.
You can run extremely low risk 1-2 DTE Iron Condors on SPX with a limited margin and make $500-1000 a day. 2-5k a week * 52. Keep 50k in cash and move the excess to stable ETFs like FSPTX. Let that sink in...tax free.
Was thinking. I own a couple of mutual funds, FSELX and FSPTX. It might well cost me a fee to sell if/when that time comes-I’ve never sold any. They’ve grown monstrously in 20+ years, particularly FSELX, so I can’t say I care. It would matter very much if I was selling regularly in small chunks and got charged a fee every time. My strategy then would be to sell all at one time and put the money in something else. Something to call and ask Schwab about. I think I saw there was a Schwab fee of $75 to buy an Fxxxx (Fidelity) fund. Don’t know if Fidelity would charge that fee if I bought one in a Fidelity account.
I have PSI, SMH, FSELX and FSPTX in my portfolio and i’m interested to see which ones perform the best over time. I also have blue chip growth and regular SP500 funds (FXAIX and VOO), but i’m going all in on growth funds. I rode it out in 2022 and lost -30% that year but I kept adding the whole time and my annualized returns are 9% over 3 years and cumulative returns are 30% over 3 years. I’m holding long term because i’m 29 now and just hit $100k total in my retirement accounts. My largest positions in semiconductors are in FSELX and FSPTX because my accounts are in Fidelity.
Call yourself an idiot and put the rest in FSPTX.
Not sure, the only one I know of is Fidelitys FSPTX. I’m sure there are others though
Google doesn't account for captial returns/dividends. What you posted is a chart of total returns which is more important info to have. Yes, PRWAX did much better than the SPX in that time. Getting 2x total returns above the SPX isn't *that* rare over the course of a several years. Certain growth tech-focused funds did fantastically over that time period. Look at Fidelity's Select Tech fund (FSPTX). It handily beat PRWAX and SPX. Of course, there is some concentration risk so PRWAX could significantly underperform in the future. PRWAX seems to be a fine fund overall. Best to have it in a tax-sheltered account (401k/457b). I personally like diversification and have almost entirely VTI in my brokerage account and FZROX in my 401k.
I think “skyrocket” reads as get rich quick scheme but I’m 30 and in a similar situation as you so I get what you mean. Average market return is like 8% so I think so I’d focus more on long term growth and not quick 10-20 year growth. I’ve tried and failed to out think the stock market - it’s a long game and if you’re in the market, you’re ahead of the game already. Your best bet is to stick your money in a variety of well balanced funds that track the overall market or are in sectors that will for sure keep growing like microchips (my fav funds are VOO, QQQ, FXAIX, FSPTX).
ETFs/Mutual Funds like QQQ, VGT, FSPTX
[This is a simulated TQQQ with $1000 monthly contributions going back to 1988 with S&P500 comparison.](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1988&firstMonth=1&endYear=2021&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=1000&annualOperation=1&annualAdjustment=1000&inflationAdjusted=true&annualPercentage=0.0&frequency=2&rebalanceType=0&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=1&leverageRatio=200.0&debtAmount=0&debtInterest=3.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&benchmark=VFINX&portfolioNames=true&portfolioName1=TQQQ+%28Simulated%29&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=FSPTX&allocation1_1=100) There are periods of enormous growth, but for 90% of the simulated period, TQQQ *significantly* underperformed S&P500. Given the enormous volatility one should expect the opposite. TQQQ only outperforms during long bull markets, but there's no way to tell in advance when those will arise. Further, TQQQ nears total loss during big downturns. Since no one has a crystal ball, TQQQ is at best a fun gamble. Just don't risk your whole portfolio on it.
Is it wiser to invest money in only 1 Index Fund (FXAIX) or invest money spread out between different index funds and ETFs (VOO, VTI, FXAIX, FSPTX, and SCHD)? If the goal is to be as rich as possible down the road, would you guys invest in only 1 index fund or spread out your investments into multiple index funds and ETFs? People on reddit have offered many possible good long term index funds and ETFs like: VOO, VTI, FXAIX, FSPTX, and SCHD. Someone said FXAIX is one of the best S&P 500 index funds, so i've just gone and put some money in there. Im newbie to investing so I ask because just like u guys, I'd like to learn the best way to get rich. I started reading "The Little Book of Common Sense Investing" by Bogle and am all in on index funds being the best way to invest. How do y'all feel about index funds? and are the ones listed above good investments?
- past performance is actually negatively correlated with future performance. what performed well in the past ~10 years is often likely to under-perform in the next 10 years. see Jack Schwager's book *Market Sense and Nonsense* where he has a chapter on this phenomenon. - averages and charts can be misleading. a spectacular year or two can drag up the average numbers, even if all the other years weren't that great. - sector bets are highly concentrated. sectors are more volatile and tend to move up & down as a group. those ETFs have very short histories. look at similar mutual funds to get an idea. FSPTX, a Fidelity tech fund, lost over 30% a year for 3 years in a row 2000-2002. would you be willing to ride out 3 consecutive years with losses that massive? https://finance.yahoo.com/quote/FSPTX/performance?p=FSPTX
Please help with Roth choice. (i have a managed acct with Fidelity and I manage my ROTH. I’m a novice for sure) I have around $65k in a Fidelity ROTH, split between FSELX- Fidelity Select Semiconductors (mutual fund) and FSPTX- Fidelity Select Technology (mutual fund). I plan on adding max 2024 contribution of $8,000 in Jan, and putting it in VTI. I plan on retiring in 7 years and not sure if I should sell the 2 Fidelity stocks and put the 60k in something better. I’d be very grateful for some advice.
what leveraged SPX tracker are you using and which brokerage firm? i’m about to be 29 years old and I have almost 70k between my 401k, Roth IRA and two brokeragelink accounts with Fidelity. I’m trying to hit 90-100k by the time i’m 30-31 and my average returns from 2018-2023 has been about 16% so far. I’m mostly all in FBCGX, FGKFX and FXAIX in my main account. In my secondary brokeragelink accounts i’m in FSPTX, QTEC, SOXX, and SPXL. Yes I know that i’m over leveraged in tech and my positions are not diversified enough lol.
Hello, Im 21, pursing my Macc / cpa. Do maybe 10-15 years in accounting while maintaining existing businesses and properties i have currently. Currently I got 31.3k in the Simple IRA 11.1k of the 31.3k not invested 218 shares in FBSOX (+1400) 64 shares in OLGAX ( +690) 109 shares in FSPTX (+224) The Simple IRA gets maxed out yearly. I have zero debt to my name. The money going into this acc is simply for investing nothing more. Daily necessities accounted for with different income streams. Retirement age passive income and post cpa will be higher then my current income. Thus I have looked into maxing out an personal Roth account also? Any reccomendations? On what vehicles to use investing. Or how I should restructure my holdings as these were bought an while back to those better long term suited?
I would love to do something similar for my grandkids but with tech constantly changing it’s very hard to pick a stock for 20 years. So my choices are FZROX,FSPTX,DGRO, SCHD, Apple and Abbvie split equally.
I am 95% in FSPTX which is like 18% apple, 17% Microsoft, and 11.7% NVDA. Needless to say I’m up alot YTD in my 401k.
Balance and lowered risk were the key factors, yes. The account had been untouched for 20+ years, and was 80% invested in tech funds, which over the years had evolved primarily to the same top 6 or 8 companies. So he sold one big one, and wanted to sell a chunk of QQQ, FSELX and FSPTX. I could see selling both the FS and buying more QQQ. Everything starting with V is red, but not by much. Those can go, too, although I’m going to wait until they get in the green agin. Think I’d go with the bogleheads’ recommendations with the money, unless someone tells me otherwise.
I personally like the Fidelity Select Technology Portfolio (FSPTX) better than FXAIX. It returns far better than the SP500. While it dropped more than than FXAIX during the downturn last year, it’s up an insane 44% this year so far.
Fxaix, FNcmx mainly. But also FBGRX, FNILX, FOCPX, FSCSX, FSELX, FSKAK, and FSPTX. Plus 500 fund in 401k.
Suggest FSPTX. It will do exactly what you want. 5 year return is 7.34%. Set and forget. Hopefully in 15 years you will still be alive, if not, your heirs will get the cost basis readjusted within 6 months of your date of death. YMMV.
No they’re literally in mutual funds, no trading. FBGRX, FSPTX, FTRNX. Haven’t touched them since November.
Basically VTI/VOO. Unnecessary, really, due to so much overlap in holdings. If you want to overweight large-cap tech, do like...FSKAX and FBGRX or FSPTX.
I know how to do this. I bought 1¢ of FSPTX right before the crash.
That is true. But someone did run backtests using FSPTX and leveraging it 3x going all the way upto 1988. Additionally, there's a long ass thread on boggle heads dedicated to backtesting leveraged ETFs using simulated data. Plus, even if you loose it al, its only 10%
A little over 10,000 shares of FSELX and FSPTX, plus more in QQQ. I am seriously overweighted in tech.