FXAIX

amg-rx7

Go to your favorite financial news website that has a security charting feature. Type in VOO or FXAIX if you like mutual funds - or VT, VTI. Change the time factor to the equivalent of all. Check the direction of the chart. Check the % increase (growth). It is probably a continual line up and to the right. Play with the time range to see how things change but always eventually resolve up and to the right. Meaning that it is growing in value and your wealth is increasing. Now try to reconcile that actual data to your feelings and make a rational decision that you are comfortable with

throwawayainteasy

For someone in your shoes, it's hard to do better than something like and S&P index fund. There's lots of options (SPY, IVV, FXAIX, VFIAX), just decide whether you want a mutual fund version or an ETF version, and get the one that trades with no commissions/fees through your broker. Then it's set and forget. Zero learning or thought required. You're not guaranteed 5% every year, but the market average over long time periods has been at least or better than that (even accounting for inflation). It's about as good a set-and-forget approach as there is for the basic investor. There's been mountains of research showing that approach will very likely outperform anything any money manager can do for you.

ausbill32

I rebalanced my Fidelity 401k portfolio 2+ years ago and split it exactly even 50/50 between FCNKX (Contrafund) and FXAIX and after dividend reinvestments and 50% contributions split evenly since then, FXAIX is up only $157.90 over. FCNKX was over weight META last 2 years and I think some of that reduction has some value of the fund but I'm actually happy to have some Space X as it provides some contrast to the index fund.

greytoc

Since you have a Fidelity account - do you have access to Fidelity's ZERO fund products. Instead of FXAIX - the ZERO equivalent is FNILX if you have a concern about expense ratio. The mix in FFNOX is interesting and it's a valid choice as well. Are you limited to choosing 100% of 1 fund? You can always put some percentage into a US large cap fund and the rest into a diversified asset fund like FFNOX.

Throwaway122258

I have a portfolio at Fidelity with limited options. I’ve narrowed it down to either 100% FXAIX or 100% FFNOX (unfortunately there is no flexibility). The goal of this account for me is to maximize returns over a long period of time (I won’t touch any of the money for decades) and these two funds had the lowest expense ratio. FFNOX has 0.15% exp ratio and FXAIX has 0.0085% exp ratio but it looks like FFNOX has a little more returns. I’m not really sure how to evaluate this decision and I am a very inexperienced investor so appreciate any insights!

GrandmasterKane

If you don't need much growth and happy with what you got then pick targeted date Funds; they have bonds and international so grow slower but protect your money from major corrections close to your retirement. Pick FXAIX for almost no fee and faster growth.  You can also contribute post-tax. You can open BrokerageLink(pre-tax) and BrokerageLink Roth accounts to buy more Mutual Funds not listed here such as FBGRX, FOCPX, FSELX, FSCSX for even faster growth but with more risk for bigger downside.

ralphy1010

only one I've seen cheaper is FXAIX at 0.015

Andytriggs19

Baby, put it in FXAIX and you’ll be a millionaire in 10 years.

BlueJeansXoXo

Hi, I’m 32 years old from Puerto Rico and started taking investing serious this year. Current situation: 401(k): \~$100,000 contributing 10% to my 401(k) Fidelity taxable brokerage: \~$33,000. Contributing $400 every two weeks to the brokerage Emergency fund is already fully funded Mortgage is my only debt. My brokerage is currently invested primarily in: FXAIX (S&P 500 Index Fund) FTIHX (Total International Index Fund) Remaining cash is in SPAXX awaiting investment. Any recommendations?

Eazy12345678

pay off some bills or invest it in VOO or FXAIX

pi3r-rot

I just put some IRA money into FSELX and I'm already down $500 from the semiconductor crash + change in manager. I pulled out of a much more conservative fund to do it and feel incredibly stupid, but I don't want to panic sell if it'll rebound. Should I hold or accept the loss, bail fast, and just put it back into FXAIX?

ebmarhar

FXAIX, or target date fund if you're more comfortable with a conservative curated option. You can adjust the "safety" up and down by moving the target date. It doesn't have to be the year you're planning to retire. Good Luck, I've been happy with them.

dabrothergoose

Since you are 51, depending on how much longer you want to work. I would say at least do 50%-60% into FXAIX as its the S&P 500 fund. OR do 100% of it there depending on your risk tolerance and retirement goals/date. If you don't want to do 100%, I'd say do a mix of it and either international or bonds. Just my 2 cents and what your risk tolerance is and retirement plans are.

Ahamadrayasbaboon

I keep my entire 401k into FXAIX when possible. 

DistributionBroad173

Your employer did you solid, be sure to thank them. Although the American Funds are iffy because of the high expenses/fees. I am a firm believer in FXAIX in the 401k, set it and forget it. It is what my spouse and I did with our 401ks, although we were VFIAX, which is the same thing.

PashasMom

I would do either: Very simple: 100% Vanguard 2070 fund (unless you are a more conservative investor with a lower tolerance for volatility, then 100% VTIVX) OR More complicated: 60% FXAIX, 20% FSPSX, 10% FPADX, 10% FSMAX OR Middle ground: 75% FXAIX, 25% FSPSX

Nev-Ret-Dude

If you pick a target fund add 15 years to your expected retirement date as target funds are quite conservative. Otherwise 60 FXAIX 10, FPDAX 10, FSPSX 20. Just my take.

HammerDownl

FXAIX is the s&p 500 fund

maydayvoter11

I started in my mid-50s. For reasons I didn't want to get into, I didn't have the available cash flow until then. I started in my mid-50s so I can retire around 65-68yo. Now we live off my wife's income and all my income goes to investments and savings. Investment strategy is split between FXAIX and growth funds, Seeking Alpha's Alpha Picks, and Motley Fool Stock Advisor. I wish I had started 30 years ago, even with just a small amount. The three factors of investing are the amount you invest annually, the rate of return you get, and time, i.e., how long you invest and let it compound. You can adjust how much you invest and your rate of return, but time is the only factor you cannot get more of. For retirement investing, start early, even with just a small amount, and don't care about what it does today, tomorrow, next week, next month, or next year. Care about what it does 10-30 years from now.

jmardoxie

Consider Fidelity FXAIX . It performs very close to Vanguard ETF VOO.

mceehops

I mean you have seen a lot of replies, but geez, VTI or even SCHD or FXAIX 90% of that and just play with the 10%. Oof.

Muy_Division

Use the resources at your disposal, I assume you use Fidelity as your broker given FXAIX? They have a ton of content, they have a whole ‘investing for beginners’ series of articles and videos, I’d just start with that (easier to use on a laptop/PC vs a phone btw). There’s a lot to learn and it doesn’t happen overnight, so just be patient with it. Always ask yourself what you’re investing in and why. Read market news a few times a week, look at how different indices are performing, how different sectors are performing, how small and mid cap are doing vs large, ex-US markets etc. Good luck!

scrufdog69

You’re young. Expand into some tech funds like FBGRX along with FXAIX and any total foreign index fund from fidelity or Vanguard. Keep the foreign less than 30% of your portfolio.

Muy_Division

If you have a 30 year time horizon, you can be more aggressive than just investing in the S&P, while also being more diversified. Go to portfoliolabs and back test any typical SPX fund (VOO, SPY, FXAIX) vs a large growth/momentum fund like QQQM, SPYG, SCHG, SPMO etc., I think you’d be pretty surprised at the results. Also worth looking at year to date performance of SPX vs other major indices. Russell 2000 is up 20% while SPX is up around 10%. Emerging markets are up almost 23%. In fact, of all the major indices, SPX is only above the Dow for the year. My point is, diversification doesn’t just mean ‘add bonds’, equities are a very diverse asset class. SPX is fine, most long term investors have money in VOO or SPY or whatever (including myself), but you don’t have to limit yourself to it.

surftherapy

What’s your strategy been and how has it been going? I started retirement saving late (only have a small pension amount before changing careers) and have been loading up on FXAIX in my Roth IRA and 401k since I opened them. Everyone says diversify your portfolio but SPY historically yields 10% and I have 30 years left in the game before my target retirement date.

Kyzp

I get the ETF recommendations, but I buy Fidelity Index funds. They settle at the end of the day so that leaves you never worrying about share prices. Fidelity has very low expense ratios \[0% or 1.5%\] depending on if you want to invest in their proprietary funds or their tracking funds. My favorites are: FZROX; FSKAX; FXAIX; FNILX; and FZILX. I mostly invest in FZROX and FSKAX to get access to the total market in different forms. I then use FZILX for my international allocation. I like on a down day, I know where the fund will settle and I just put in a buy order right before closing. Super simple. Fidelity's website and App are the best in the business IMHO.

Nuclear_N

Not sure it matters. This is what I did. I am with Fidelity. I went to the mutual fund screener, and bought into the highest 3 year mutual funds, and highest 5 year returns. Led me to FXAIX, and FSELK. Eventually landing on SPY and QQQM as well.

toyz4me

If it’s my first $19k going into the market, I wouldn’t be trying to pick a single stock to try an hit it big I would get into o r or two of the ETFs that gives broader access to/ exposure to the markets. Such as: VOO IVV SPY VTI ITOT FXAIX

fn_gpsguy

As others have said, you shouldn’t need a FA for an $85k account. For the size of your account and the below market rate that he’s charging to manage your account, I wouldn’t expect him to invest these $600 deposits more frequently than quarterly at best. That being said, I understand your concern about managing your $85k yourself. I would start small. Open a taxable brokerage account at one of the discount brokerages like Fidelity, Schwab or Vanguard and start making your $600 deposits with them. Consider buying a low cost S&P 500 ETF like FXAIX or VOO. Once you are comfortable in managing your new account, consider doing an ACATS transfer from your $85k account to the new one. The new company can assist you with that. Assuming the $85k account doesn’t have any proprietary investments, you should be able to transfer the contents of it “in-kind” without having to sell anything (and creating capital gains). Say for example you own 5 shares of NVDA. After doing the transfer, you’d still own those 5 shares of NVDA.

1967C10

Simply communicating with a financial advisor sounds like more work than just auto-buying low cost index funds that track the S&P500, such as FXAIX or VOO. It's pretty simple.

1967C10

The least exciting investment strategy always finds a way to win. I like 90%+ into VOO/FXAIX low cost index funds and the rest do as you please (international, single stocks etc).

Gsusruls

Seems flat to me. I'm in FXAIX. Hasn't really budged for a month at least.

jmardoxie

You could split with Fidelity SP 500 like FXAIX and blue chip like Fidelity Blue Chip Growth. If you want to minimize risk and avoid an AI correction consider a dividend fund like Swab SCHD.

jmardoxie

VOO is a $684 ETF. Why not buy a mutual like Fidelity FXAIX which pretty much performs the same.

Ghostehz

I buy $100/week of FXAIX in my Roth and I’m happy with it

MCShayne1

Got into investing around christmas and recently started talking to a financial advisor. When I worked at Sherwin-Williams, I had a 401k through Fidelity that I rolled over into a Roth IRA after I quit. In the roth, I currently have money in the Freedom 2045, J&J, and FDRXX (which I later found out is just a holding account like SPAXX). I also have about 2k in FXAIX (not part of the IRA) that i've been using as a longer term savings account. He's suggested that I transfer everything to Franklin Dynatech due to higher growth over the long term and tracks well against other companies. There would be a fee to transfer everything (I think like 500) but he said he'd help manage it and grow it for me. I've done a bit of research but would still like to get some opinions. Part of me is considering sticking to Fidelity but another part of me is wondering if I'm missing out on money by not transferring to Dynatech? I was told that it's not recommended to invest in both (have a roth with both Fidelity and Dynatech).

cfaatwork

There are different flavors of mutual funds (and ETFs), some are index funds that track an index - these will have lower expense ratios, e.g., FXAIX at 0.015% that tracks the S&P 500. And then there are active mutual funds/ETFs that can have much higher expense ratios - these are typically to be avoided.

djpeteski

Yes they are legitimately free. What are your investment goals? Understanding them is important. Some money may have different goals than other dollars. (Example your 401K is meant for retirement, but you may also be savings for a house in a couple of years.) Assuming a long time frame you can open up a Fidelity account and do 30% of your money in FSELX, 30% in FDCPX, 30% in FXAIX, and the rest in FGRIX. It is a pretty easy portfolio that will make you a lot of money.

Ahamadrayasbaboon

SSO, GDX, FXAIX. Once SSO and GDX get called away, SPMO, QQQM and VONG are my next largest I think. 

InvestingNerd2020

It's a meme stock. No massive movements beyond a Gamestop like rise. Don't YOLO invest (hold for 5+ years) into it. However, a quick trade might make some quick cash. A better, yet boring, long-term investment would be into the S&P 500 fund (Index mutual or index ETF). SPYM for a taxable account, and FXAIX/SWPPX for a Roth IRA if eligible.

j_son997

Sounds like a good plan to me. But if she is planning on investing in FXAIX, it's important to know that it offers much less diversification, and therefore more exposure to certain sectors than it had in the past. The Magnificent 7 companies (Nvidia, Alphabet, Microsoft, Apple, Tesla, Amazon, and Meta) now make up a significant portion (over 1/3) of the S&P 500's total market capitalization. Basically, the index is much more dependent on the performance of the tech sector than it was in the past, and that isn't necessarily a bad thing if she wants more exposure to the tech sector specifically, but it also raises questions about how many coins you really want in one hat. If you want to diversify more while still maintaining broad stock market coverage, any of the small to mid-cap funds (like the S&P 400 and 600) would be good, as they have much smaller concentrations of stocks that could be deemed 'highly speculative assets'. While the S&P 400 and 600 have delivered slightly smaller returns compared to the S&P 500 (CAGR of \~12% for the S&P 400 and 600, compared to \~13% for the S&P 500), they are significantly more diversified and would suffer less if, for say, a tech downturn were to occur and cause significant losses in that industry. Honestly, though, just try to diversify. If she's planning on retiring in 2055 (I'm assuming that's what the Fidelity 2055 fund is), you have the advantage of time, so you can afford to be a bit more risky with your investments and turn out fine by the time it comes to retire.

Used-Air-2688

Your plan sounds reasonable overall. A few thoughts: * If the mutual funds are expensive, underperforming, or overly conservative, moving to low-cost funds like FXAIX is a solid step. * Maxing the 401(k) and Roth IRA is usually a great use of the money, especially since she's eligible for a Roth IRA. * A \~$3k tax bill to improve a long-term investment strategy isn't a major concern. * DCA over a year is fine if it helps her stay comfortable, though historically investing sooner tends to outperform gradual investing. The only thing I'd question is holding both FXAIX and a target-date fund like FDEWX. The target-date fund already contains a diversified mix of U.S. stocks, international stocks, and bonds, so pairing it with FXAIX increases U.S. large-cap exposure. That's not necessarily wrong, but make sure it's intentional. Overall: no debt, emergency fund in place, maxing tax-advantaged accounts, and moving from costly proprietary funds to low-cost index investing is a very sensible plan.

Training-Calendar539

Seems mostly fine, just don’t skip the boring checks. First thing I’d confirm is whether the Principal funds are in a taxable account or a retirement account. If taxable, selling may trigger gains. If IRA/401k, make sure it’s handled as a direct transfer or rollover so you don’t accidentally create a tax mess. Using brokerage cash to help cover expenses while maxing the 401k and Roth IRA is a pretty normal way to move money into tax-advantaged accounts over time. I’d just watch the FXAIX + FDEWX combo. FDEWX already owns U.S. stocks, so adding FXAIX just tilts the portfolio more toward U.S. large caps. Nothing wrong with that, just know that’s what you’re doing. Also, target-date funds can be a little clunky in taxable accounts because of rebalancing/distributions. Usually worth thinking about before parking them there. Overall, not crazy. I’d just double-check account type, taxes, overlap, and allocation before hitting sell. Not financial/tax advice.

Eazy12345678

setup ROTH IRA. invest in VOO or FXAIX. you can take out contributions if you need to just no gains

thisisjustascreename

The portion of my portfolio that I care about tracking against the S&P is in FXAIX, fidelity's calculator says it's about $35 behind the index over the last 5 years. *My* picks make up less than 1% of my money, and they've done... poorly.

Atravellingsheep

In all seriousness. I highly recommend taking that money and outting it into FXAIX instead.

sheepebike9000

I think it's FXAIX (just wanted to clarify in case anyone is looking for it, it's easy to misspell!)

PortalWhovian

0.015% for FXAIX

Every_Cress

So voo and smh in taxable account? Any other better options ? I will have FXAIX in my Roth next year

Neuromancer2112

Ah ok. Personally, I don’t put mutual funds into taxable accounts - if they ever distribute capital gains, it’s much less tax efficient than ETFs. I’d have FXAIX in Roth, and if you want S&P 500 in taxable also, VOO is a good low-cost option. If you want to have a bit of Semiconductor exposure, SMH has been an absolute monster - since it’s sector-specific, though, I’d limit it to max about 5-10% of your total portfolio.

GaylrdFocker

Because it's a taxable account. FXAIX may have capital gains every year that are forced, and if they ever want to switch brokers they may be required to sell FXAIX before they do it.

HaiKarate

Either is fine, they're pretty much the same. The difference is that you don't get real time updates on mutual funds like FXAIX, nor can you trade during the day. Trades on mutual funds are executed at the end of the day. But if you are long term buy and hold, then neither of those should really matter.

EtherCJ

FXAIX is 0.015% : [https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/315911750](https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/315911750)

LuciusQ2020

FXAIX costs 0.73% a year while VOO is 0.03%. Huge difference.

DrScitt

If you’re in Fidelity, you likely want to get FXAIX instead. Probably cheaper fees.

InvestingNerd2020

Apps: Either Fidelity or Charles Schwab. Investing recommendations for "set it and for get it": An S&P 500 fund. Fidelity: FXAIX or SPYM (ETF) Charles Schwab: SWPPX or SPYM (ETF). If you are not working, open a taxable brokerage account and invest into ETF SPYM. ETFs are better for taxable brokerage accounts due to tax efficienct nature of their setup. Invest about $2,000 of the $7,000. Keep the other $5k in a HYSA of 3% or higher. If you are working, even part time, put $2000 in a Roth IRA instead. With Fidelity, invest into FXAIX. With Charles Schwab invest into SWPPX. Do the same with the $5k remaining (into a HYSA). Typical order of investing operation: 401k/403B company plan match > 3 moths worth emergency fund in a HYSA with 3% or higher yield > Roth IRA if you have a job > taxable brokerage last with ETFs.

backfire10z

Annual tax? Do you mean fund fees/expense ratio? VOO has those too, and they’re higher than FXAIX. FXAIX: 0.015% VOO: 0.03% (2x) It’s a pretty negligible difference.

Darby_Crash75

One more question. Doesn't FXAIX have the possibility of anual tax where VOO doesn't?

jeussbsisn

Hello everyone I’m 19m and I just maxed out my Roth IRA for the year with some savings. I’m planning on doing a 70/30 split with FXAIX and VT, do you think it would be a better idea to buy in smaller chunks though out the year or all at once right now?

AdamOtaku

No issue with that at all and FXAIX is fine too! Then you can add to it with income to capture any dips without worrying about timing Since you'll have a lot of cash outside that $150K if there's any dramatic downturns you can also just re-add from that pile

Darby_Crash75

I was thinking 150k in FXAIX. Think its too high to buy in now? Wait for a dip or jump in? Not the type to stress i understand its long term 10-15 years

Darby_Crash75

That's the vanguard right? I invest through fidelity was thinking like 150k into FXAIX?

1967C10

Do you have any debt? If so I'd recommend to pay all of it off first (other than the mortgage) then put 50% of what's left into a low cost index fund that tracks the S&P500 (FXAIX etc) , 25% in a HYSA, and 25% or less into a fun/lifestyle account for home/car/vacation or single/fun stocks you're passionate about (10% max)

SavageDabber6969

I am 25 in the US, living on the West Coast. I have no debt and still live with my parents. Car is paid off and I don’t pay rent. Income before tax is \~200k annually. I max my 401k contributions and with my income I am also able to contribute 5k to an individual Fidelity account monthly. I’ve currently been going all-in on FDKLX. After reading some Reddit threads on here, I’m under the impression I might be a little too conservative and should probably swap to FXAIX/rebalance how much I’m putting into FDKLX. The only time I would ever touch this money is for a house down payment, but that likely wouldn’t be for 5-10 years. I don’t mind rebalancing and revisiting this every year but I’d prefer to not have to manage it every month (although I still log in monthly just to monitor my progress). Should I just continue with FDKLX or should I put some money into FXAIX?

CarnageAsada-

I’m all in on FDKLX 80%/FTIHX 20% and a dash of FXAIX soooo diversify ?

SlySelea

That's what I keep telling myself. Skeptical though. I'm 70% FXAIX so I tell myself I will have a piece of it that way

yoddbo

Honestly just cash. Ive been slowly increasing my FXAIX position, but swing trading has been wildy profitable for me the last 3/4 months with how predictable Trump is. Namely ONDS, GOOG, RDDT, ASTS. I have shares im long on for all of them but been consistently moving shares for easy money. Pretty sure im retarded but its been working really well for me. Although taxes gonna fuck me it feels like free money for now.

jmardoxie

Isn’t FXAIX a mutual fund and not an ETF like VOO.

GolfLiftPlayPool

As far as I can tell FXAIX is a great ETF...its like VOO for half the price

Neuromancer2112

FXAIX is transferable - it's the Zero fund version (FNILX) that wouldn't be transferable. Roth IRA is better for mutual funds specifically (FXAIX), because if they distribute capital gains (nothing recent, but it could happen in the future), then that's a taxable event in a taxable account. ETFs are more tax efficient to put into taxable. I have FXAIX in my Roth and work retirement accounts, VOO in taxable.

Ok_Seaworthiness5149

The 100-age rule is pretty outdated at this point. Most people have shifted to 110 or 120 minus age because life expectancy is longer and you need growth to outlast a 30 year retirement. At 20 years old that formula says 0% bonds which is probably right honestly. FXAIX is just the S&P 500 so you're getting 500 large cap US companies, low expense ratio, straightforward. FXNAX is the total US bond market which means you're holding a mix of government and corporate bonds across different maturities. They do completely different things in a portfolio — FXAIX grows aggressively over long periods but drops hard in recessions, FXNAX is stable but barely beats inflation in the current rate environment. The real question is what the bonds are actually doing in your portfolio. If you're young and just want stability during crashes, a small allocation makes sense psychologically even if it costs you returns. If you're older and actually need the income or capital preservation, FXNAX is solid. Holding bonds right now just because the rule says so without knowing why is probably the worst reason to do it.

hymie-the-robot

FXNAX has duration of about six years, making it vulnerable to increasing yields. plus, longer bonds used to have a low correlation to equities, but these days they are more highly correlated, meaning you can no longer depend on them to protect you when markets stumble. if you look at a graph covering 2022, FXAIX went down, and so did FXNAX. so the bonds failed to do their job.

cuddlyviola_7

FXAIX is basically all growth/stock market risk, while FXNAX is the “stability” part with bonds that smooths out the ride. The old 100-age rule is just a rough guide now, not something you have to follow strictly. Most people going 100% FXAIX are just taking more risk for higher long-term returns, but it comes with bigger ups and downs.

Careful-Jeweler7053

My (Fidelity) plan is to rebalance my net between FSKAX (exposed to SpaceX) and FXAIX (not exposed until SpaceX has been ion the exchange for 12 months and has had 4 consecutive quarters of profitability). I am currently 85% FSKAX (more stocks, hitherto less volatility. Moving that to 50%. I'm worried but I do not want to chase phantoms. This seems a good compromise.

Lusus_Nature

Why not FXAIX?

Lusus_Nature

Why not FXAIX?

booobReviewer

Your logic is sound and a common approach. The reasoning breaks down cleanly: FXAIX in Roth IRA: Since you can sell and rebuy inside the Roth without tax consequences, Fidelity house-brand funds work fine here. The 0.015% ER vs VOO's 0.03% saves you ~$60/year on $400K — not life-changing but correct. VOO in taxable: You're right that portability matters. If you ever leave Fidelity, you can transfer VOO in-kind (ACATS) to any broker and keep your cost basis. FXAIX would have to be liquidated. One note — at a $420K 401k with Merrill, check if they offer in-plan Roth rollovers or mega backdoor Roth. That's often the highest-leverage strategy for someone at your savings level.

EPPAnalyze

Tranquillo, è un problema super comune che capita a un sacco di gente. Il motivo per cui sei bloccato è che FXAIX è un fondo comune d'investimento proprietario di Fidelity e non un classico ETF, quindi la tua nuova piattaforma non ha proprio gli strumenti tecnici per ospitarlo nel suo catalogo. La buona notizia è che, trattandosi di un Roth IRA, hai un enorme vantaggio fiscale che puoi sfruttare a tuo favore. Dentro questo tipo di conto puoi vendere e comprare tutti gli asset che vuoi senza attivare nessuna penale e senza dover pagare tasse sulle plusvalenze. Il modo più semplice per aggirare il blocco è fare una mossa in tre passaggi direttamente dall'app o dal sito. Per prima cosa, vendi le tue quote di FXAIX rimanendo sempre dentro Fidelity, in modo da convertire tutto il valore in liquidità sul tuo saldo. Subito dopo, vai sulla tua nuova piattaforma e avvia la richiesta di trasferimento specificando che sposterai il conto sotto forma di contanti e non come titoli. Una volta che i soldi sono arrivati sani e salvi sul nuovo broker, ti basterà usarli per ricomprare un ETF equivalente che traccia lo S&P 500, come ad esempio VOO di Vanguard o IVV di iShares. Gli ETF si comportano esattamente come il fondo che avevi prima, hanno costi di gestione ridicoli e, soprattutto, sono scambiati universalmente, quindi se in futuro vorrai cambiare di nuovo piattaforma non avrai mai più questo problema. Ci vorrà qualche giorno per completare i passaggi, ma è l'unico modo pulito e a costo zero per uscirne.

EPPAnalyze

Ciao! Tranquillo, è un problema super comune. Il motivo è che **FXAIX** è un fondo comune d'investimento proprietario di Fidelity, non un ETF, quindi la nuova piattaforma non può "ospitarlo" così com'è. Visto che ti trovi all'interno di un **Roth IRA**, hai un enorme vantaggio: puoi vendere e comprare asset dentro il conto senza pagare tasse sulle plusvalenze e senza alcuna penale. Per aggirare il blocco, fai così: 1. **Vendi FXAIX direttamente dentro Fidelity:** Converti le tue quote di FXAIX in liquidità (Cash/Core Position). Ripeto, trattandosi di un Roth IRA, questa operazione non genera eventi fiscali (no tasse). 2. **Avvia il trasferimento (ACATS) come "Cash":** Chiedi al tuo nuovo broker di avviare il trasferimento del Roth IRA specificando che trasferirai il saldo in contanti. 3. **Ricompra sul nuovo broker:** Una volta che i soldi arrivano sulla nuova piattaforma, usali per comprare un ETF equivalente sullo S&P 500 (ad esempio **VOO** di Vanguard o **IVV** di iShares). Gli ETF si muovono esattamente come FXAIX, hanno costi di gestione bassissimi e te li accettano ovunque se in futuro vorrai cambiare ancora broker. Ci vorrà qualche giorno per liquidare il fondo e completare il trasferimento, ma è l'unico modo pulito e a costo zero per farlo!

Consistent_Fix999

If your new brokerage doesn’t offer FXAIX, you’ll need to sell it before transferring. There’s no penalty for doing this since you’re simply moving your funds to a new brokerage.

potatogun

FXAIX is a mutual fund. Mutual funds availability is highly variable at different brokers. As others said, sell it and re initiate the ACATS transfer. You'll be out of the market for a few days. Alternatively you can sell the Fidelity fund and then buy an equivalent SP500 ETF or total US market fund and then initiate the transfer.

inwardcalm

FXAIX is proprietary so it gets liquidated to cash before a transfer out of Fidelity. It’s not a taxable event because Roth IRA.

EtherCJ

Sell FXAIX

DoinIt4DaShorteez

No reason not to use VOO for both. FXAIX is a mutual fund which means your order gets executed after the close at whatever the closing prices of all the stocks in the underlying index are. VOO you can buy and sell with instant execution during market hours. You may not make very many transactions, but being able to do them during market hours is worth the 0.015% difference in expense ratio. It's also possible you might want to transfer your Roth somewhere else at some point, to some brokerage that doesn't support FXAIX although I think most will support it. People on this sub sweat expense ratios WAYYYYY too much.

InvestingNerd2020

FXAIX to save on expense ratio and to reduce panic selling temptation in a Roth IRA. Because ETF are too easy to sell, people tend to panic sell more than index mutual funds. Treat index mutual funds like a marriage in an IRA.

EdgeInformal8264

retirement put it all in FXAIX , taxable brokerage dollars after retirement is maxed out in addition to the emergency fund goes into VOO

SpaceDaphne

That’s exactly how I’d do it. FXAIX in tax-advantaged accounts and VOO in taxable. The ER difference is negligible, but portability matters in a brokerage account.

Apart-Selection5680

This is easy. You don’t need one. Max your 401K (pick index funds that track the S&P 500 or the Total US Stock market). Max your HSA (if health plan option available through work). Max your IRA. Accumulate RSU, don’t sell, reinvest dividend (if you think it’s a great company that is growth). Open a brokerage account either in Vanguard or Fidelity. Once you max all the above, invest remaining money every week in VOO or VTI, VUG, and VXUS ETFs if Vanguard or FXAIX, FSPGX, FSPSX if Fidelity (Ratio 50:30:20). That’s it, don’t worry about individual stocks. If you need more input feel free to DM me.

Machine8851

Yes or you could just go FXAIX in a brokerage as well. Another good Fidelity fund is FSELX

Dstein99

I wouldn’t be concerned about such a small difference expense ratio, the holdings aren’t 100% identical so VOO could easily accidentally outperform FXAIX by 0.015%. The bigger difference is that FXAIX is a mutual fund and VOO is an etf, if that matters to you choose whichever you prefer, if it doesn’t, I wouldn’t be concerned about which one you choose. Fwiw I prefer etfs because like you mention they’re easier to transfer, I don’t own mutual funds so I don’t know about this but I have heard about mutual funds having taxable capital gains distributions, and an etf lets you monitor the price intraday rather than needing to wait until market closes to reprice.

InvestingNerd2020

SapceX will still be in target date funds. Since most people just blindly accept the company 401k/403b plans, Elon will still get his money. Just not S&P 500 funds, small cap, nor international. It's a great time to invest into a S&P 500 fund. FXAIX, SWPPX, VFIAX, VOO, IVV, SPY, or SPYM.

InvestingNerd2020

Only if the investing platform doesn't offer index mutual funds or a taxable brokerage account (ETFs are better there). Examples: SoFi, Robinhood, M1 Finance, and Webull. For a Roth IRA with Fidelity or Charles Schwab: Either Fidelity's FXAIX or Schwab's SWPPX. With the stock market crashing, it is a great time to buy if you plan on retiring in 20+ years.

0llie0llie

Has anyone in here heard or read about the new ETF called the Fitzgerald Must-Have Portfolio (FITZ)? Suze Orman was promoting it and my dad is interested, but when I looked it up and saw it JUST launched I got immediately skeptical. It went down a bit in value since the launch but I think that is partially bad timing. I’ve been trying to encourage him to invest in regular index funds like FXAIX. Curious what others here think of it.

sillygoosez

FXAIX or SWPPX, imo, is even better for compulsive gamblers. The money doesn't settle immediately so they're forced to take an entire day to think over their choices. I personally use mutual funds to avoid the impulse to buy high risk stocks. It's really helped me concentrate on passive long-term investing.

sillygoosez

This might be a good strategy, but since you're on Fidelity I would instead put money into FXAIX. Mutual funds, as everyone knows, don't allow investors to sell immediately. Since they normally take a day to settle, it would force you to get rid of that gambling habit slowly but surely. You wouldn't get that impulse to sell large gains and instead purchase more risky assets like individual stocks or crypto. Just a thought. I wish you all the best my friend. You got this.

circadiggmigration

Maybe what this place needs is some boomer FXAIX energy. https://imgur.com/a/k8V6qYo

InvestingNerd2020

SPYM in a taxable brokerage account due to the lowest expense ratio of an S&P 500 ETF. Either FXAIX or SWPPX in an 401k, IRA, or Health Saving Account (HSA). Low expense ratio and being an index mutual fund it psychologically reduce a panic selling temptation. Fidelity uses FXAIX. Chares Schwab uses SWPPX.

DistributionBroad173

Most of us did nor start investing until our 30s. Our 20s we were figuring life out and buying stuff, then, we got serious with marriage and thinking about buying a house. I opened my only IRA in 1983, and I invested in the wrong thing, not once, but twice. Meaning, my principle was about all I had after a few years of investing it, no growth. In your 30s you have 30 years ahead of you, you will be fine. Invest in the VFIAX or FXAIX, reinvest all dividends, reinvest all capital gains, you will be more than fine.

14mmwrench

Now sell all, pay off that card, and put the 17k in to VOO or FXAIX or something.  Then try to do it again with that 1k you are left to play with.

tbombadilllo

Early 40s here. $1.1M in 401k between the wife and me. $200k in brokerage in VTI and FXAIX. House will be paid off in 7 years but with 2.5% interest rate. The hardest thing for us to do right now is stay patient. Cannot tell you how often I want to sell the FXAIX position and put it into tech. The wife wants to sell the position and remodel the house. I keep using AI to project retirement strategy and know that if we literally do nothing, we can retire easily at 58 with a large travel budget. That's where we're at, just do nothing. Especially don't do anything stupid, and we've made it. So of course I'm lurking in this fucking sub...