FUTY
Fidelity® MSCI Utilities Index ETF
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What would be the most tax efficient way distributing my savings?
What would be the most tax efficient way distributing my savings?
What would be the most tax efficient way distributing my savings?
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Pick what works for you and let's you sleep at night. -The Psychology of Money 32%QQQM 32#%FTEC 24%VT 4 shares FUTY and 12 shares APLD in my wife's Roth. I have the same at a different % and instead of FUTY-RING with stocks. I sleep just fine.
My take is with the AI build out it is gonna be all sources welcome for many years. Trying to pick companies all throughout the energy spectrum. I think maybe under the radar are some of the pipeline plays that while oil prices are relatively down still generate a lot of cash. Seems like there is space for a "Future Energy" ETF which could include XOM, CVX, or COP but also renewables, nuclear, battery storage, utilities and infrastructure - sort of the best of IFRA, FUTY, FIDU, CTEC, ICLN and EINC.
I like FUTY for utilities exposure. 0.08% expense ratio, 2.5% div yield
IMO, S&P 500 is functionally the s&p 10 at this point, and the significant representation of the mag 7 in broad based ETFs detracts from diversification. For this reason, I’ve been adding commodities, utility ETF (FUTY), small cap value (VBR), and I continue to keep 35% international, with a slight tilt toward countries w favorable demographic curves (Indonesia, Vietnam, turkey, Mexico)
Not index but best buys for me have been WPAY, SCHD, SCHG, FBTC, FUTY, and JEPQ
A lot of LCV is going to be heavy in FAANGS, NVIDIA, and so on. For example, I just looked at FDRR and the top 3 holdings are NVIDIA, Microsoft, and Apple. But others will be less so -- VTV has no tech stocks in its top 10 holdings. You should be able to see holdings on Morningstar. Ways to avoid: sector funds (industrials and energy seem to be doing well, check on FIDU and FUTY). International value is having a bang up year and has very little technology and certainly no FAANGS etc. You could look at FIVA, JIVE, DFIV, VYMI, or even small/mid cap international value such as AVDV or DISV,
International funds, non-tech sector funds such as FIDU (industrials), FUTY (utilities), and IYF (financial services).
Gonna push back, but I do love this answer! If you long for stocks (which I personally enjoy), then do your research first. I looked at top funds across sectors and researched the key players, the ones that had the highest allocations. If I liked them (good performance, necessary good or service), yay. If I didn’t, I didn’t buy (ehem, tsla). Also, Buffett says invest in what you know. Pick stocks that you understand, that you can follow along with, so when something happens in the news, you know what to do with the stock. If that sounds overwhelming, then pick 2-4 etfs and just start the journey. I like SPLG, IXUS, SMH, FUTY.
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.
You could choose a sector ETF like FTEC for information technology or FUTY for utilities, but honestly if I were you I would just put the extra in your HYSA or put it in VOO instead of some random third fund.
Index fund a good general performers best suited for retirement accounts. They are not so good for taxable accounts. The index fund has a mix of growth and stable companies. As a result its dividend is greatly reduced and any growth it has is less than you would get with growth specific fund. For a taxable account you want to focus on dividend income. Enough to cover your living expenses. That way if you loose your job you will have long term passive income to caryry you through until you get a new job. have 6 months of case on hand for short term emergencies. These two portions the taxable account will help stabilize your life. These will generate taxes which you need to manage not avoid. people go crazy finding ways to avoid dividend taxes. This can lead to investment strategies that are more safe then useful. you also need a long term savings preferably with minimal tax. if you invest in growth stock that don't pay a dividen you won' pay tax on the savings. And since they are growth stock you savings will grow over time. For example if you invested in TESLA 6 years ago your initial investment wouldn't abbe been very large but today it would be worth 22 times your initial investment. Any would have paid zero tax during those 6 years. You can also use index funds. the low dividend would minimize taxes. But you get less growth. over teh last 6 year the S&P500 index has only doubled. A lot less growth than TSLY. a much getter choice is SCHG or QQQ. SCHG is 3 times larger thanks was 6 years ago QQQ is 6 times larger. And SCHD and QQQ have a dividend of about 0.5% while the S&P500 is 1.3%. If you use your taxable account this way you will have long term passive income, and emergency fund, and enough long term savings you can liquidate if needed to an expense that your dividend or emergency fund can handle. you won't get that with just he S&P500. Good dividend funds for you could use passive income are SCHD, SCHY, PBDC, SPYI, FUTY, FAGIX
- 25% FIPDX - 15% FUTY - 10% FHLC - 15% GLD - 15% SPAXX - 20% FXAIX Outside of that I accumulate shares of NVDA. I wanted additional exposure to AI, despite the increased risk.
- FIPDX, inflation protected bonds - FUTY, utilities - FHLC, healthcare - GLD, gold - FXAIX, s&p 500 - SPAXX, cash high interest yield Cash to buy up assets that tank during his term at a discount. Gold to hedge the global instability. Utilities and healthcare are defensive sectors to provide stability in times of uncertainty and tariff potential. Inflation likely to rocket so get invest accordingly.
- FIPDX, inflation protected bonds - FUTY, utilities - FHLC, healthcare - GLD, gold
FIPDX - inflation protected bonds FUTY - utilities index FHLC - healthcare index FXAIX - S&P 500 mutual fund GLD - gold SPAXX - cash high yield savings This is a strategy for highly liquid assets with baked in defensiveness against inflation and global tension. Some cash in a high yield savings will be nice to have when they tank the economy so you can buy up more assets like FXAIX at a discount.
The answer to your problem is to invest Differently than you are now. VTSAX is best at earning capital gains. Meaning the price per share increases over time. What you need now is cash. Meaning you need to invest for dividends. Dividends is portion of a companies profit that is returned to shareholder as a cash deposit into your brokerage account. Most companies pay a dividend 4 times a year. For example if you moved all of your savings int PBDC you would earn a field of 9% on your money. That is $8370 year. of income. which is $697 a month Now right now you cannot do this because you need your savings for current living expenses. But when earnings season starts for you invest as much as you can in dividend ETF or stocks that pay a dividend. So gradually over time build up your dividend income to generate enough income to cover all of your living expenses. And when the dividend arrives put the money into your savings or reinvest it for more income. For VTSAX if it is in a tax deferred retirement account leave it alone. But if it is in a Tax able account you can use the money in it generate the income you need. Technically VTSAX does produce a 1.3% dividend. But that is probably not enough to meaningfully help with living expenses. Also it is best to invest in wide veriety of dividend stocks to produce a diversified passive income stream. There are many more than the one I mentioned above . You want about 10 sources of dividend income with each producing an equal portion of the income you need. that way if one goes bad and fails to pay you loose lonely 10% of your income.Don't put it all on one fund. Funds that I currently have in my account arej JEPQ, PBDC, PFFD, SCHD, FAGIX, VYMI, FUTY,FTXG. I CURRENTLY HAVE $50K a year of passive income. Enough to cover my basic living expenses
It's a good question, I think. I'm very open to new ideas on this. I was happy with 5%+ in a money market, those rates are now in the 4.5% range now though. I'm not excited by 4.5%, on the other hand, I do like the complete liquidity. I've been parking in Utilities ETFs - RSPU, FUTY, UTES. That's been OK, not great though. I'm thinking of utilizing JAAA. Over 6% yield, very safe.
If I was you I would invest 80% of your Bi weekly pay into an index fund like VTI maybe 10% goes to FUTY a utility index and 10% SCHD a nice dividend growth stock
I understand that theres a strong emotional comfort in fully owning your homes equity, but that mortgage is so cheap i would not make more than the minimum payment. Why? The opportunity cost of investing in the markets. The expected returns of taking on those compensated risks do far more for net wealth creation than paying of super duper cheap 3% debt. I would hold onto that debt for dear life because its so cheap. From what youve described, you need a multi-asset diversified portfolio. We are talking some equities, some long treasuries, some intermediate treasuries, a utility stock fund, and a dash of gold. This mix is a modified form of ray dalio's "all weather" portfolio. I like the way this guy writes it up. https://www.optimizedportfolio.com/all-weather-portfolio/ This is what that would look like. 30% VTI (market index) 40% VGLT (long treasuries, negative correlation with index) 15% SCHR (intermediate treasuries, smooth the ride) 8% FUTY (utilties, low correlation with market index) 7% GLDM (gold etf) And argument could be made to use TIP (treasury inflation protected securities) instead of gold for even lower volatility. Its max drawdown is far far less than equities, and its volatility is also much less. Using this money, a bequest for your father to you, to secure your families financial future in retirement would be a fantastic idea. This portfolio matches that youre rather averse to risk, and it will beat inflation better than just bonds or cash savings will.
there are two basic ways people grow money. 1. Invest in the stock market wait for the value of the stock to increase and then sell the some stock to get the cash you need. Typically people invest in index fuds like VOO (S&P500 index) and VTI (Total market index) but there are many more. 2. Invest in a stock or bond that has a yield. Yield is interest earned on the investment. For Stock it is called a dividend. Bonds call if a yield. But the math is basically the same. Say you buy stock in AT&T which pays a 5% yield. They yield is your share of the profit the company makes. So 10000 invest in AT&T would earn about $500 a year. For you you want to invest in a dividend ETF. You can get yields of 1 to 10% or more but the safest range that keeps pace with inflation is between 3 and 10% yield. Dividends ETFs you might want to consider are SCHD, PFFD, SDIV, [FUTY.You](http://FUTY.You) can have the the dividends automatically reinvested or you could collect the cash. There is no secret to investing. Just and endless debat as to which statuary is best, and what ar the best investments. As to avoiding taxes, you can't. All you can do is to try and minimize it. All of the funds I mentioned above pay a dividend which generates a tax. If you minimize the yield you pay less in taxes. Many prefer methods 1 beaus index funds have a minimal 1% dividend. Method 2 you pay more in taxes because you get more dividends. Another way of minimizing tax is to invest in a retirement account. IN these accounts there is no tax while the money remains in the retirement account. But there is a down side in that you cannot access the money until you reach the age of 60. In 401K account the money goes in without without a tax, You do however have to pay a tax when you take money out. In a Roth IRA you pay a tax when you put money in and there is not tax while the money grows. and then when you remove the money there is no tax. But again you cannot access the money until age 60 and you're limited to depositing $7000 a year. You might want to toal to financial planner before you invest to get a better understanding about investing and your specific situation. As long as you are just talking there will be no fee for the service. fees mainly start coming when they start investing it fore your or manage your account.
I suggest Insurance, IAK. Also Pharma. I picked a mutual fund, FPHAX. There are similar ETFs. Also Defense. I chose PPA. Be aware that its holdings include Boeing, which has been a bit of a drag on PPA. Also Utilities. RSPU, FUTY, and UTES.
REITs and Utilities. For Utilities, there are 3 ETFs that I like: RSPU, FUTY, and UTES. REITs, there are a ton of them. I like the USRT ETF. I also invested in O, ADC, and GOOD. Again, there are a lot of quality REITs, do some research. It's a little "late" moving into them, not too late though is my opinion.
Utilities are worth researching. FUTY, RSPU, and UTES. I think ETFs are the way to go in this sector.
Research. Sectors that may respond to a lower interest rate environment? Utilities and REITs. More research. Utilities, I’m better off with ETFs. More research. I choose RSPU, FUTY, and UTES. REITs. Choose two “mainstream” REITs, NNN and O. Try some ETFs. VNQ, BBRE, and USRT. Eventually I’ll move the REIT ETFs into the one I prefer, selling the other two. Lots of research. I use my brokerage, Seeking Alpha, other sources - including ChatGPT.
The feeling of opening your brokerage/retirement accounts and seeing green, though boring perhaps, is a lot nicer than the feeling of seeing some green and some red and wondering "Should I sell my total dog stocks at a huge loss or keep hanging on in hopes they recover?" That's not a good feeling. I'm probably 80/20 on winners and losers, but I've also spent hundreds of hours on due diligence and looking at MACD and RSI and all that jazz and I'm *barely* beating SPY. And I'm only barely beating SPY because I have a handful of double-baggers like META and a handful of real dogs like D, ALB, and so on. META, ELF, BCC feel good. D, ZIM, ALB, FUTY feel real bad. My 401k though, it's FXAIX and FSPGX and it's doing great.
FSTA, ILCV, BRKB (not technically an ETF but might as well be), and DGRO. I do have a few low growth stocks in there like HDV and FUTY that havent given me much back yet. All dividends reinvest back into the stock until I need to use them, plus my cash on hand earns 2.69%
I didn't invest in them, but utilities were up 10%, it looks like (judging by FUTY), and infrastructure was up hugely, too (PAVE was up by more than 30% over the past three years, and IFRA was up by more than 25%).
Put that 100k in a high yield savings account. Capital One has 3.5% yield right now you can open it instantly with no catch. Other financial companies probably have even higher for some catches. Sit it there and it earns you money every day paid monthly to use on the rest of this stuff until you pull the trigger on a decision. Then make sure you contribute the maximum allowed amount to a Roth IRA. You can even put this same stuff in it if you want. Paying every month buy some bond etfs: - VGSH (Short Government) - VGIT (Intermediate Government) - VGLT (Long Term Government) - SPIB (Intermediate Corporate) - SPHY (High Yield Corporate) Paying every 3 months buy some dividend focused ETFs - SCHD / VYM (US Dividend) - VYMI (Intl Dividend) - Sector ETFs in Energy, Utilities, Real Estate (FENY FUTY FREL) all pay higher dividends than other sectors. Feel free to research all of these recommendations or find peers that you think are better. All of these things will generate extra taxable income but you’re going to reinvest it all and continue to build wealth. Helps a lot long term. That’s my advice, best of luck on your financial journey. You have a very good start compared to many others.
Got it. Same industry almost here. I have a core of around 80% in ETS and mut funds like SWPPX and SPY, but I can't help myself and buy stocks on the side I like. I *barely* have beaten the market this year by around 2% with my most oversized positions being MSFT, MGRC, PRU, FUTY (as a hedge). SCHD also declined a good bit less than SPY so that was nice. I'm also getting into options which is very non-Bogle, but I play it pretty save and have generated a few grand on the side in the last few months. Nothing life changing but it's brought my DCA down on some stocks I like like MO. Cheers,
Utilities $FUTY, Energy $VDE, consumer staples $PBJ, raw materials $GNR
Index funds and ETFs are different. I also use Fidelity so my brokerage and cash management accounts has a few ETFs between the two of them for stability: FUTY, HDV, DGRO, FTEC, IVV (S&P 500 ETF), and ONEQ. My rollover IRA has FZROX and FNILX with some FSPSX for international exposure. As far as tax liability is concerned, i believe its with what type of account the holdings are in. A lot of my research came from reading investorplace.com. There are a lot of resources online for all levels of trading. One thing i dont do yet are options. I don't understand how they work and until I do its just blind gambling to me.
VOO, FUTY and MSFT… because I’m boring. (50-40-10) Even more boring I’m thinking of investing 10% of the money I save per month into bonds or CDs…
If your retirement timeline is 20+ years, no. Buy the dip into index mutual funds or ETFs. If it is a short timeline, less than 5 years, the focus on small cap value funds, utilities sector funds, and dividends (SPHD). Some example ETFs: - IJS for small cap value. - VPU for Utilities. - FUTY for a Utilities alternative. Lower expense ratio.
1) VTIP isn't even the best at what it does. SCHP is the best in the market for TIPS. 2) Utility sector is the best hedge in stagflation. Look into etfs XLU or FUTY (cheap version).
I have a little bit of FUTY. At least it's not dragging my portfolio down.
Utility ETFs. FUTY for example. Up 8% YoY plus 2% yield, and still up .3% since Jan. 1 when the fun started. Electric bill is among the last things you don't pay. That said, you just took a 50% bath. Going ultra safe now may mean you lock in your losses at the bottom of the market. Long term, you'd want to be in something like VTI. Even QQQ, which has taken a beating. But it's only down 5% YoY.
I just interviewed Fid as I already have over $700k there and no advisor assigned to me. Did I miss that when I opened my account? After getting off the call, 20 mins ago, the "free advice I would say is very generic 60/40. Hand holding and tax harvesting is not free from what I could tell. Hard to get a straight answer. So far I haven't found any Financial Advisor worthy. Maybe one needs over $5mill. If buying Vanguard funds with my Fidelity account does not cost anymore, I can stay where I am at and DCA into the 7 ETF's I selected: Such as, VTI, VOO, VIOV, VEA, VWO, VT, FUTY and SCHP and AVUV.
FUTY. it's a Fidelity utilities index. That seems far afield from tech stocks.
27 yrs old. 1st full year of investing. I love it. Theres nothing stopping me from being a great investor but my own choices and I just fucking love it. It feels like ive found the way. 42% PLTR 24% BABA 12% VICI 10% NXGWF 6% FSTA 2% PEP 2% BRKB 1% VT 1% FUTY
Since you asks which ones everytime lol I'll share instead of downvoting you. If I did it on impulse I'd easily be at 40-50. With some effort I can cut it to the 20s pretty easy but cutting any further was really hard for me. The ETFs made it easier because I can just own a lot of things with a good etf instead. In no particular order. Pltr Vici Nxgwf Baba Brkb FSTA SPEM FUTY XLC SCHD VCLT
All, Thoughts on having separated portfolio accounts for one being more aggressive and the other being more defensive? Any advice on my more conservative portfolio? It is small and the plan is to purchase incrementally for years. Holdings: -SCHV -FIDU -FSTA -FHLC -FUTY -VEA
I think a utility etf would be the way to go. Prices going up all over the world not just Sweden. Check out FUTY etf or a 3 times leveraged utility etf.
Everyone needs utilities 😂. FUTY/VPU
This is for my ROTH set and forget, still experimenting, my indiv account has single stocks. 30% FZROX :Fidelity ZERO Total Market Index Fund 15% FZILX: Fidelity ZERO International Index Fund 10% FMDGX: Fidelity Mid Cap Growth Index Fund 5% FENY: Fidelity® MSCI Energy ETF 5% FHLC: Fidelity® MSCI Health Care ETF 5% FMAT: Fidelity® MSCI Materials ETF 5% FIDU: Fidelity® MSCI Industrials ETF 5% FNCL: Fidelity® MSCI Financials ETF 5% FSTA: Fidelity® MSCI Consumer Staples ETF 5% FUTY: Fidelity® MSCI Utilities ETF 5% FTEC: Fidelity® MSCI Information Tech ETF 5% FREL: Fidelity® MSCI Real Estate ETF
I took positions in: FUTY, REET, GLDM, and SHY, to hedge for inflation and any potential corrections I think we're about to face.
Depends on who you’re with, I know fidelity has the ability to screen by sectors so you can find etfs to fit what you want. Fidelity has an etf for most, if not all, sectors. Fidelity ones that I know off the top of my head are FUTY, FENY, FNCL, FIDU, FMAT and FHLC.
I love semis, but people shouldn't be pushing their own agenda in posts asking about other things. The three big Utilities ETFs are XLU, VPU and FUTY in order of liquidity and in reverse order of fees. VPU is perfectly fine for utilities exposure. FUTY is technically lower fees at 0.08% but this is easily within the range of tracking error. In case you're interested in Semis for some reason, SOXX and SMH are the two big ones,
Hey guys. I'm looking for help choosing a few funds to build my "portfolio." I'm a corporate accountant making about $115K/year, mid-30s, and I have no plans to access the money in the next 3 years at minimum. Ideally, I'll let the money sit even longer (say, 5 - 10 years). This money is separate from my IRA and 401K and separate from my checking, savings and emergency fund. Basically, I'm just looking for good appreciation over the medium term. Volatility does not phase me. My current investments are: * SCHH (US REIT) * RWO (Global REIT) * FUTY (Utilities Index) * BDJ (Equity Dividend) I'm looking to add a couple more funds with more upside potential. I'm considering: * BRK.B * ARK(G? K?) * QQQ Are these good choices for the 3-10 year window, and is now a reasonable time to buy in? Should I add or delete any from this list? Thanks for reading my newb question.