FZROX

DeeDee_Z

For kids, I'd have my largest segment in the total market fund (FZROX). If you want to overweight large caps, add a smaller position in FNILX. The rest is just "how do you feel"? I'd probably include some international, but you don't have to. I don't think you need bonds at that age at all, but you might want some. Bottom line is, *"It don't bloody matter, within ±10%"*.

anonymousleans

Wow. That was a very helpful response. I appreciate it. Are there any specific Fidelity funds you’d recommend for the mid and small cap? Seems like some allocation of FXAIX (S&P500), FZROX (large, small, and mid), FZILX (International), and some small percentage of bonds would be good?

DaemonTargaryen2024

No that tech ETF is fine. I just mean it’ll be more volatile than your broad market FZROX type funds. If you’re comfortable with a little extra risk and reward, that’s generally fine

DaemonTargaryen2024

>50% FZROX (basically VOO but no fees?) VOO + smaller US companies, but basically yes >20% FZILX (international emerging markets with no fees)  emerging *and* developed markets >20% FTEC (fidelity tech etf) This is fine as long as you can stomach more volatility for a longer period of time >10% FESM (fidelity small cap) No need, since this is already covered in FZROX. Unless you're purposefully tilting towards small cap. Overall: looks good to me. I'd get into the market immediately. If you hadn't rolled over it's not like you would've moved all your 401k to cash.

buttflapper444

>Note its probably a coin toss what will do better, based on the random performance for the 1k stock that FSKAX holds that FZROX does not. It's insane that they added a thousand additional stocks and didn't see any change in performance at all. Like, how does that even work? I compared it year-over-year for the past 5 years. How can a thousand additional stocks being added results in almost no change?

Cruian

>also FZROX I believe will sample the index, not buy every single company , This is common to other US total market funds as well. The other day I found it on VTI/VTSAX 's prospectus for example, I'd fully expect to see the same in FSKAX's.

SirGlass

Well there should be a very slight difference in expense ratio of 0.015 but they do follow two different indexes FSKAX follows the dow jones USA total market index. Note index funds have to pay some "fees" to follow an index FZROX follows some Fidelity U.S. Total Investable Market Index. So slightly different indexes, also FZROX I believe will sample the index, not buy every single company , FZROX has approx 2500 holdings where FSKAX has approx 3700 So its simply the small differences in the indexes and holdings Note its probably a coin toss what will do better, based on the random performance for the 1k stock that FSKAX holds that FZROX does not.

harrison_wintergreen

according to Morningstar data, FZROX has slightly lower percentage in mid and small caps. this difference might explain the bit of FSKAX under-performance over the last few years. but if large company stocks slump and smaller company stocks rally, it's possible FSKAX might be the better investment. to see the portfolio holdings broken down by different measures to to Morningstar > search any fund ETF > portfolio > style measures > market cap https://www.morningstar.com/funds/xnas/fskax/portfolio

0raegano

Since FXAIX is S&P 500 and FZROX is total US, you still don’t think there is benefit to having both?

Emotional-Power-7242

FXAIX and FZROX are essentially the same thing. They have an 80%+ overlap and performance wise basically just track each other. So for simplicity sake best to pick one, sell the other, and put the money into the chosen one. Needs more FZILX. Really al you need is FXAIX (or FZROX) and FZILX.

MF266

If I wanted flexibility to move brokerages later, I’d lean ETFs in the taxable account. VOO for S&P exposure checks the box and avoids getting stuck with proprietary funds. In the Roth, I’d be more comfortable using FSKAX or FZROX since portability isn’t really a concern there and tax efficiency doesn’t matter

0raegano

Hello! I am new to investing and am looking for advice on growing my brokerage account. Context: * I just turned 26 * I have $45,000 in my 401k, and I contribute roughly $14,000 per year to this (this is including my employer match) * I started a Roth IRA last year and maxed it out. I also have 2026 maxed out already. I would like to build on my brokerage account for more accessible funds. I have $90,000 in a HYSA earning 4% APY. This is my down payment fund (70k for down payment and 20k for an emergency fund) I use Fidelity and my brokerage account has $10k in it. This is what I currently have: * FXAIX - $4,600 * FZROX - $2,500 * NVDA - $1,300 * IDMO - $1,000 * FZILX - $700 Like I said, I am new to investing but know some basics. I really don't want to have to monitor this daily, so I'm looking for more of a set-and-forget. Thank you :)

Emotional-Power-7242

All you need is FZROX and FZILX.

Flakmaster92

700k, been investing for 9 years, I’m 100% VTI and FZROX, it’s treated me quite well.

gaiaphas

I'm with fidelity and currently in FBGRX, FZROX, FZILX, and FNILX. I know Financial planning is based on goals, i plan on retiring early, how early? That remains to be seen. I put about 65-70% of what I invest into FBGRX and the rest is distributed evenly. Is there a fund or other plan I should go with?

arcanition

With $17,244.41 plopped into a low-cost broad S&P500 index fund like FZROX which has grown about 13.3% per year on average recently. Just for funsies, that $17,244.41 would have grown to... * ... $60,110 in 10 years * ... $209,530 in 20 years * ... $730,374 in 30 years * ... $2.5 million in 40 years * ... and $8.9 million in 50 years

Mindless_Machine_834

Isn't this apples and oranges? You don't know that FZROX will or will not underperform VTI (next 10 FZROX could be way better), but you DO know you save the expense ratio.

arcanition

My point wasn't "it's only $50k difference so it doesn't matter". My point was "the difference in holdings between FZROX & VTI (something you don't control) will be a much bigger difference than 0.03% annually, so it's not a significant factor". For example, the difference in performance of FZROX & VTI just over the past year is 0.38% (more than 10 times the significance).

No-Acanthisitta7930

Omg stop it with the gold thing on this sub! No, gold is a passive asset. It earns no compounding, no dividends, no cap gains. You buy it and it just sits there. An index fund on the other hand, compounds, meaning that even if your index fund makes ZERO GAINS, you still end up with more money. Avoid the stupid gold, open a Fidelity account and buy FZROX or FXAIX instead. Gold sucks.

HotfixLover

At your age, for a Roth IRA, the difference between ETFs and mutual funds isn’t that big. If you want to follow the Boglehead 3 fund, FZROX/FZILX is simpler and has no fees, but VTI/VXUS offers flexibility if you plan to move the account later.

arcanition

It really doesn't matter, one is an ultra-low expense ratio and the other has zero expense ratio. To show you how little it matters, consider a $1,000,000 holding that grows on average 8% per year: * After 10 years, the FZROX holding (0% expense ratio) would be at around $2,159,000 while the VTI holding (0.03% expense ratio) would be at around $2,153,000. * After 25 years, the FZROX holding (0% expense ratio) would be at around $6,849,000 while the VTI holding (0.03% expense ratio) would be at around $6,801,000. * After 50 years, the FZROX holding (0% expense ratio) would be at around $46,902,000 while the VTI holding (0.03% expense ratio) would be at around $46,255,000. So, is there a difference? Technically yes. But the miniscule differences in holdings between the two funds will vastly outweigh the 0.03% difference.

dooknuckduster

Either one will work. FZROX / FZILX, VTI / VXUS, ITOT / IXUS (blackrock iShares), etc

Cruian

>Initially I was leaning towards VTI/VXUS because ETFs are better for portability The Zero mutual funds would likely only add a market day or two to your move. That's so small I wouldn't worry about it. >and I like the ability to just sell during the day as opposed to waiting at the end of the day. For some people, that makes it more likely they commit a behavioral mistake. >However for FZROX/FZILX I learned that portability doesn’t matter as you can liquidate all the assets in a tax advantaged account before you move to another company. Correct. The performance difference between VTI/FZROX and VXUS/FZILX should be incredibly close to the point which is ahead may even trade places from time to time.

theeyeholeman1

Fidelity. $600 in FZROX, $400 in FZILX. DO NOT TOUCH IT

Beneficial_Toe_6050

RKLB. Dumped my FZROX and FZILX and bought RKLB when it was 6. Made a decent profit.

Cruian

Despite the name including the word "growth" and great recent returns, long term has tended to favor the complete opposite: small and value over large and growth. Factor investing starting points: * https://www.investopedia.com/terms/f/factor-investing.asp * https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/fidelity/fidelity-overview-of-factor-investing.pdf (PDF) * https://www.cbsnews.com/news/the-black-hole-of-investing/ * https://www.dimensional.com/ca-en/insights/when-its-value-versus-growth-history-is-on-values-side * But be aware that factor premiums can take a while to show up: https://www.reddit.com/r/Bogleheads/comments/1hmbwuw/what_every_longterm_investor_should_know_about/ * And from GwenRoll: https://www.reddit.com/r/ETFs/comments/1krd3fe/growth_does_no_one_know_what_the_hell_it_means/ >FTIHX at 20% feels like enough international exposure to avoid being 100% US, without dragging down returns too much if the US continues to outperform But waters them down if international continues to over perform (2025 favored ex-US). This isn't an uncommon event, over 40% of 10 year periods since 1970 have favored developed ex-US over the US, which isn't too far off from a coin flip. In fact, last I checked, many places were expecting markets to favor international over the US for the next decade or two (valuations playing a large role in that). >FSPGX is my "aggressive" bet. I know it overlaps with FSKAX, but I want to double down on growth/tech while I’m 22 As covered above, "growth" as a style has tended to under perform in the long run. You may be reducing your expected returns with this. Sector bets are uncompensated risk. An uncompensated risk is one that doesn't bring higher expected long term returns. Uncompensated risk should be avoided whenever possible. Compensated vs uncompensated risk: * https://www.whitecoatinvestor.com/uncompensated-risk/ * https://www.northerntrust.com/middle-east/insights-research/2024/wealth-management/compensated-portfolio-risk >But not all risks are compensated with an expected return premium. * https://www.pwlcapital.com/is-investing-risky-yes-and-no/ (Bold mine) >Uncompensated risk is very different; it is the risk specific to an individual company, **sector,** or country. What makes you think that tech is either the only sector still under valued or the only sector not over valued? >-​Is 20% International (FTIHX) a good middle ground? I see some people say 0% and others say 40% (market weight). I’m trying to find the sweet spot for maximum growth. This is impossible to tell ahead of time. Take a look at Figure 4 here: https://www.bogleheads.org/wiki/Domestic/International a 37ish year period where anything more than 10% US hurt your returns. Figure 2 shows roughly the same time length where the best returns were with 40-50% international (when we exclude emerging markets). >​Are there any specific "gotchas" or better fund equivalents at Fidelity I should be using instead (e.g., FZROX vs FSKAX)? Do you prefer the few hundred extra holdings or the very tiny expense ratio difference? Does it matter to you if FZROX follows an index Fidelity designed themselves?

Electronic_Team_4026

Hello, I am curious what the differences would be over the long term between these two investment options. Background: DINKWAD with extra money outside of Roth / 401k that I’d like to invest, and don’t see myself needing in the near future (over 5 years). My in-laws use a professional over at Edward Jones for their retirement and financial planning. My wife and I went to visit him and he proposed investment options at a 1.3% (if I remember correctly?) monthly fee. At the time, I said let’s do it. It’s done well, netting 13.79% YTD. I still have a personal account in fidelity invested in FZROX, which is netting 17.24% as of this writing (1.1.26). My question is this, is paying the 1.3% going to be worth it over the long run (assume 20 years until retirement age) to have someone manage this money versus me just throwing more cash into FZROX, which has a 0% expense ratio, thus free. In my brain, I feel like I know the answer. Ditch Edward jones and just invest it myself. But I’ve come to the hive mind for a clearer picture that I may be missing, as I’m far from an investor professional or even financially savvy.

Reasonable-Guest2392

Okay, the comments aren’t really helpful technically, but also helpful realistically. So as a new investor myself, 2 things I learn are 1)high reward comes with high risk, but high risk doesn’t necessarily contribute to high reward. 2)Everyone has a tolerance, and the right approach is unique. So set your own expectations. Personally for me 12-15% annual return! I tried to test different approaches (whatever comfortable). I tried to DCA FZROX and FZILX and small cap FZIPX for some months, and I didn’t know the small cap and sold for like 2% profit. I also tried to high dividends stocks due to recent price sink, like UPS, target, and high reputation PEPSI, also came across Verizon and PFE. So for those stocks, I buy gradually as well, I only add more if they sink, and when they rise like 5% in a week or so, I’ll sell, cuz annual returns already past my expectations 12-15%! I did hold a couple of times, for example Pepsi, reached 7% in 2 weeks but 2% still before I sold after 3 months! You do the maths. All above just make me stay in the track! The bonus is when I trade coreweave! When they tank like 20% in a week, I started to buy little by little, and when it pops up, I sell after couple of days, once made 12% and another time 22%! So the key for my “day trade” is NOT greedy! Buy dip sell high ONLY! Hope it helps. Good luck to all of us in 2026!

Cruian

There should be (at least essentially) zero overlap, as FZROX is US total market style and FZILX only covers outside the US. International small caps are missing, but those wouldn't receive much weight if they were present. You're a little light on the FZILX, as current global market cap for ex-US is between 35 and 40%, and common current recommendations I've seen tend to suggest 30-40% of stock be international. You aren't too far outside that though, so that's not too bad.

ThunderPantsGo

Up 20.5%. Not bad considering I held on to Chipotle and Apple too long. Besides those two which I sold in Q4 and purchased Google, everything else is FTEC, FZROX, and QQQM.

TheHarb81

17.17%, 100% in FZROX

moiax

I love FZROX in a Fidelity IRA. ETFs are generally better in taxable accounts (they are able to so some things to reduce/eliminate capital gains within the fund). Since the goal of an IRA is to let it simmer for a long time, it is unlikely that you are going to be playing with it or moving things around. FZROX is not a mutual fund that can not be moved outside of fidelity. If you do need to move the IRA, you can sell the fund within the IRA without any issue, since you won't be taxed at the time of selling, and then move the account.

blablahblah

The post is specifically asking about S&P 500 funds. S&P 500 is an index which tracks 500 large US companies, so all of the S&P 500 Index funds are going to be investing in those same 500 companies. FZROX tracks a different index, a total market index, which is why it wasn't mentioned here. While the S&P 500 only covers 500 large companies, FZROX tracks 3000 companies, big and small. Since the S&P index includes all of the biggest companies, most of FZROX's value is made up of the same companies that are in the S&P 500, but it is more diversified than these other funds.

No-Money-5104

i have FZROX, is that good or bad?

Sufficient-Curve-853

If you use Fidelity as a brokerage and plan to stick with them I can't think of any reason not to own their 4 zero ER mutual funds - FZROX, FNILX, FZIPX and FZILX. Sure there is some redundancy but you would have covered total US, Large Cap US, Mid and Small Cap US and the rest of the world in Developed and Emerging Markets. DCA'ing into those for the young is almost stealing compared to the options available say in the early 1970s.

ratedsar

I recently fired / was fired from EJ. I inherited a small account with SPIAX, which the original purchaser paid a 5% load for and I was paying a 0.58% annual fee for.  The advisor pitched moving into QQQ fund (which would have outperformed SPIAX) with the funds and their new 1% aum fee or 2% per trade (etc). I just let SPIAX drip for 4 years.  Finally, he wasn't making money from me, so he transferred me to national to do anything. he fired me. That's right, I have to talk to someone I've never met to manage my money at a firm that is pitching a personal relationship. Well, now I moved the SPIAX to Fidelity next to a 401k and Cash Sweep plan, now it'll DRIP into FZROX, saving .58% a year, and reduce the number of tax forms I file. The kicker, fidelity has a free advisor that is close to where I live for the basics.

TheHarb81

I don’t need help, I invest in FZROX and don’t worry or waste time

Zigxy

FZROX if you have Fidelity VTI or VOO perfectly fine too

Sick0h

I’m 80% FZROX 20% FZILX in the retirement account from a former employer, just left the money there since I like having access to those funds over my newer employers 401k choices. I’m basically 80/20 total market/international in 401k as well, just had to piece it all together differently and don’t get that sweet 0% expense ratio.

Sick0h

Off topic, but if you have any of your non retard gambling money with Fidelity and are using index funds, their zero expense funds are actually pretty sick. FZROX is basically total US market index fund with 0 expense ratio. VTI already has low expense ratio and there is obviously the inability to trade it quickly like with an ETF/inability to transfer it to a different broker. But if it’s a buy and hold 20-30 year situation, I like keeping those few extra pennies.

AccomplishedClub6

In a Fidelity account you can just get FZROX for 0 expense ratio total market fund. Perfect if you have a retirement account.

No-Acanthisitta7930

I wouldn't sweat it. This sub is a bit top heavy because it naturally attracts investing nerds, obviously, which means you'll see big numbers thrown around. The simple fact is most Americans have pretty middling investment accounts and do fine. Will they be cruising the Florida Keys in a yacht? No, but they will have enough to live a cozy life...AS LONG AS they wake up and start investing. Which you have done. Don't worry about 4k a month lol, thats obviously not realistic. Let's run some numbers. Let's be conservative. At age 40, you contribute 1k per month. Let's assume a conservative 7% ROI in a total market fund like FZROX. If you did that for 12 years (to age 62) you'd have around 250k. That's not a giant balance, but by god its not small either. Just get started. Get in there.

rocklare

Do you think these are solid picks for a Roth IRA? Like 80% FZROX and 20% FZLIX?

Evil_Patriarch

50% FZROX, 40% FZILX, 10% hookers and blow

rocklare

What do you think of FZROX and FZLIX?

TheHarb81

FZROX

dak4f2

Why not FZROX and FZILX? (US domestic and international) I recommend checking out r/bogleheads, they have some pretty good set it and forget it advice, especially if you like low fee funds. 

Competitive-Teach675

Because FZILX is a Fidelity-only mutual, it has a 0% expense ratio. So, say you wanted to leave Fidelity for whatever reason and held the FZILX in a taxable account, you would have to sell it before moving it to another brokerage. That would be a taxable event, so say you had $50k in gains, you'd have to pay the tax to move. VXUS is portable and is at most brokerages, so you don't have that issue. You can transfer in-kind to a different brokerage via ACATS. In a tax-deferred (IRA/Roth), you can sell with no tax consequences. So if you wanted to leave Fidelity, you could sell FZILX on Monday night, buy VXUS Tuesday morning (so you don't miss any market time), then do an ACATS transfer to a new brokerage. There's not much difference between the two, except for the expense ratio, so FZILX is slightly better. Think of FZILX and FZROX as the "loss leader" or "door buster" to get you in with the zero fees.

No-Acanthisitta7930

If one has a Roth IRA or a traditional IRA then FNILX or FZROX are AMAZING options. Zero fees, cheap shares and they essentially mimic the S&P 500 (in the case of FNILX) or a total US market fund (in the case of FZROX). They aren't portable, but if one is going the long haul with Fidelity, there is literally no reason to not make those two funds your workhorses.

Technical_Cry_5878

Overall the portfolio is reasonable for a 13-year retirement horizon, but there’s meaningful overlap in large-cap growth. FZROX, QQQM, QUAL all lean heavily toward the same megacap names, so your real exposure is more concentrated than it looks on paper. If the goal is growth with a slight factor twist, this setup works, but you’re not getting as much diversification as it seems, you basically have one large bucket of U.S. large-cap growth, one bucket of U.S. value/dividend, and a speculative piece. DCAing the rollover is fine given your household preference. Long-term performance isn’t likely to change dramatically versus lump sum, but behavioral comfort matters more. This is the kind of portfolio structure that commentators like those in Andrew Zatlin reviews would describe as “growth-forward but not reckless” just be aware of how correlated your top holdings really are.

Over-Computer-6464

Proprietary mutual funds are OK in tax advantaged retirement accounts where you can sell with no tax penalty if you decide to move, but I avoid proprietary mutual funds like FZROX in taxable accounts, even though Fidelity is my preferred broker.

AccomplishedClub6

Fidelity is top notch. You deserve to enjoy some zero expense ratio Fidelity funds like FZROX and FNILX after getting scammed by EJ for a decade .

Sufficient-Curve-853

Just a little reality check on the endless NVDA posts - if you own FZROX - and unless you are a day trader you should - it holds 7.46% NVDA.

arcademachin3

8700 in FZROX

Initial_Way_3833

Hi guys, I made a Fidelity roth ira account recently. I am planning to do automatic monthly contributions and invest that money each month. What is the best portfolio I can have for investing in that account? I am 22 years old and just started my first full time job a few months ago. I want to do long term investing. At the moment, I'm inching towrds investing in index funds within the roth ira (70% into FZROX and 30% into FZILX). Or do you think I should invest in ETFs instead?

TheHarb81

FZROX

MountainMistCalm

Money management tips: [https://www.reddit.com/r/personalfinance/wiki/commontopics/](https://www.reddit.com/r/personalfinance/wiki/commontopics/) Book suggestion: I Will Teach You To Be Rich by Ramit Sethi You will have plenty of time to invest after you graduate from college, right now you are investing in your education so you can get a well paying career. Stack as much cash as you can now in a HYSA. Cash is king for a new college graduate that may have a lot of expenses coming up (furniture, clothing for work, car, deposits for an apartment, etc). If you can graduate college with little to no debt and a good cash amount, you will be ahead of the game. When you are ready to invest I would open a Roth IRA with Fidelity and just do a simple portfolio: 80% Fidelity Zero Total Market Index Fund (FZROX) 20% Fidelity Zero International Index Fund (FZILX) [https://www.fidelity.com/mutual-funds/investing-ideas/index-funds](https://www.fidelity.com/mutual-funds/investing-ideas/index-funds) The above is a global portfolio that includes large caps stocks (like those in the S&P 500), mid and small cap stocks, growth and value stocks, dividend stocks, tech stocks, international stocks. All that to say you would not need to add any other fund.

Gliese_667_Cc

VTSAX or FZROX. You don’t have to know anything about them other than they are total market index funds.

Cruian

Mostly either RSSB or FZROX + FZILX (these 2 in a ratio that is within reasonable rounding range of VT: I believe VT is currently about 36 or 37% international, so I aim for FZILX to be between 35 and 40%).

SellNoCell

Do you hold SPY, VTI, VOO, FZROX (or anything thousand of similar S&P500 or US total stock market indexes)? If so you are invested in PLTR.

Kyzp

In taxable accounts there are concerns with capital gains passed on from index funds, dividends passed on from index funds, and capital gains from selling index funds. Index funds can be mutual funds or ETF’s. ETF’s are generally considered more tax efficient, but a stock index mutual fund can be just as tax efficient as an ETF. To be most tax efficient in a taxable account, I recommend low turnover, low cost, and low yield index funds \[an example is Fidelity’s FZROX total stock market that has only a 1% turnover ratio\]. With bond index funds, I would recommend a municipal/state specific fund to reduce your tax burden. Vanguard has a 50/50 tax-managed balance index fund that I invest in. It’s specifically put together to be tax efficient. You can do it yourself, especially if your state of residence has a bond fund available, buy pairing a tax efficient index fund with your state specific bond fund. The Vanguard 50/50 ticker is VTMFX.

sidestyle05

1. Open a Roth IRA 2. Deposit whatever amount you can. 3. Buy FZROX 4. Buy $25 more, every week, forever 5. Increase amount whenever you’ve got a little extra That’s it. At your age, you don’t have to do any more than that to retire comfortably.

Least-Importance-502

Fidelity. FZROX. Keep programming and never leave home. Retire at 35. Enjoy your life. Don't join us working stiffs. It's scary out here.

greenpride32

>With stocks at all time highs and probably overvalued and an AI bubble forming, am I crazy If you really believed this, then why aren't you liquidating your FZROX SCHD QQQM? They would bound to tank if such event happened, especially QQQM. If I only had a penny for every "I have $1m in the stock market today, but it's way overvalued and bound to tank, how should I invest this new $100k cash I have available?". I'd be asking "what should I do with the 1m invested?".

TheHarb81

I don’t, I just FZROX and chill, I use all the free time not worrying about stocks to work on my physical health (lost 100lb).

TheHarb81

I don’t, I just FZROX and chill, I use all the free time not worrying about stocks to work on my physical health (lost 100lb).

Startvest

Fidelity is perfect for your son - they have zero-fee index funds (FZROX, FXAIX), great app for individual stock trading if he wants that, easy Roth IRA setup, and excellent customer service for beginners. Just clarify: a "Roth IRA" is already the account type (can't have both "traditional" and "Roth" versions of a Roth) - you probably mean he should max the Roth IRA ($7k/year) and maybe open a regular taxable brokerage account for additional investing beyond that limit. At $9-11k/month with no benefits, he should be socking away at least $2-3k/month - max that Roth IRA immediately, then put the rest in a taxable account with boring index funds like FXAIX (80-90%) and let him play with individual stocks (10-20%) so he scratches that itch without blowing up. His age is an insane advantage - every dollar he invests now is worth like $10-20 at retirement!

arcademachin3

Ok. With that amount of money I would invest it all in index funds like VOO or FZROX if you have Fidelity. I am not an advisor. People typically sock away hundreds of thousands in index funds and then “play” with single digit thousands in companies they are *guessing* will outperform. You seem to be doing it backwards, and I gently suggest you rethink that.

AccomplishedClub6

Just look up FZROX for 1, 5 & 10 year returns. It's a total market index fund. It replicates the total returns of the US stock market to a very close degree. You don't invest in Schwab or Fidelity. You use those brokerages to invest into index funds that are diversified and mimic the entire US stock market.

AccomplishedClub6

Nope! Not for index funds. In fact FZROX is 100% free. Not even expense ratios. Too good to be true? It's because it's a loss leader for Fidelity hoping you will pay for their other services. You do not have to purchase any of their other services. Fidelity, Schwab and Vanguard are the 3 most recommended brokerages.

TheHarb81

Been there done that, bought $20k of FZROX on Friday

LawyerPhotographer

Fidelity All Day. Why: Great Funds you can't get off platform like zero fees FZROX. Perhaps the best actively managed growth fund in Fidelity Contrafund. It will grow with you: Want an annuity with for 30 basis points and no surrender fees: Fidelity has that. Cash management, yes. Kids accout: Yes. Access to Pre-IPO venture Capital investments: Yes or you are an accredited investor. Sweep Account SPAXX pays 3.8% on cash.. what does Schwab pay. Local branches. Great customer service. Robust, well organized website.

TheHarb81

100% DCA into FZROX, the same thing we do every night Pinky

cryptopelado

Posted. Largest absolute gains come from FZROX, ITOT, and FZILX, which are broad index ETFs. Next biggest winners are NVDA and IBIT, both stocks and calls/leaps

MountainMistCalm

Money management tips: [https://www.reddit.com/r/personalfinance/wiki/commontopics/](https://www.reddit.com/r/personalfinance/wiki/commontopics/) I keep a Roth IRA at Fidelity (you must have earned income from a job to invest in a Roth IRA) and an individual brokerage account at Robinhood, my RH account is just for my "fun account" where I invest in individual stocks (I invest only a small portion of my money into the fun account). My Roth IRA I invest in broad based index funds (like FZROX and FZILX). [https://www.fidelity.com/mutual-funds/investing-ideas/index-funds](https://www.fidelity.com/mutual-funds/investing-ideas/index-funds)

Antares284

Save as much money as you can, and consistently invest in passive index funds like VOO, VTI, FZROX, regardless of whether the market is high or low. Set it, and forget it until 18 years from now.

cdude

Why is the $8k in FXAIX but the $46k in VOO, which is the same index? This is inside a retirement account so the tax inefficiency of capital gains distribution of mutual funds is moot. Keep it simple. Since you want growth, skip SCHD and just stick with one growth index fund. And since you have Fidelity, consider their Zero funds instead, like FNILX or FZROX. The amount to convert depends on your taxable income. If you have plenty of room in the 12% bracket and you have time, then convert only up to the top of the bracket. If you're solidly in the 22% bracket then there's not much tax savings left so you might as well use up the 22% and 24%.

Admirable-Ad-8402

My advice... Low to no fee S&P 500 like FXAIX or broader market exposure like FZROX. GLD or GLDM for holding value of investments (5-10%). Buy in a routine manner when markets are up or down. Dollar cost averaging. Use an S&P 500 calculator to see what to expect over time. It keeps you focused. Keep 10% of your wealth for rainy day fund. Buy cars you can afford to buy with cash. Pay off your credit card every month (when eligible). Develop a budget and monitor your monthly spending against it. Live within your means. Don't lend friends or family money. Don't share your wealth information with them. Focus on developing marketable skills. Do this for 10+ years to develop good habits and you'll likely be on a path to retire early. Just my 2 cents. I'm not a financial planner or a licensed broker.

TheHarb81

Use them to buy FZROX

wateroasis

I've been investing for a bit over a year now with a combination of FXIAX & FBGRX. IRA is in FZROX & FZILX; like another commentor

Money_Spread7379

FXAIX is great, I prefer a combination of FZROX and FZILX in my IRA, can't port them to other brokers if you transfer from Fidelity though.

Sandra_Simpkins

Key Considerations for Taxable Accounts for Teens Tax Efficiency: ETFs (VTI) > Mutual Funds (FZROX). ETFs rarely generate "capital gains distributions," resulting in lower long-term tax liabilities in a taxable account. Flexibility: ETFs can be easily transferred between different brokerage firms and are easy to sell. FZROX can only be traded within Fidelity. Automated Investing: Mutual funds are better suited for "automatic dollar-cost averaging" investments. While ETFs can also be used for this, you need to set up automatic purchases. Capital Gains Tax: Whether it's FZROX or VTI, capital gains tax will be triggered when you sell and make a profit. The main difference lies in whether the fund's internal portfolio rebalancing and dividend distributions are allocated to your account.

Extra-Avocado8967

VTI and FZROX are like Coke vs Pepsi—same market, tiny differences. VTI is portable if you ever leave Fidelity. FZROX is locked to Fidelity. Either way you’ll end up with the whole US market. Pick one, keep buying, don’t sweat it.

DaemonTargaryen2024

> FZROX is a mutual fund and VTI is an ETF but which one is better These two funds have virtually identical performance. So not a factor. > and whats really the difference between an ETF and mutual fund? Mutual funds are generally simpler: price once per day. ETFs trade intraday like a stock. > I don’t plan to change my brokerage with Fidelity This is really the only important part of the conversation: what happens if you *do* decide (or need) to change from Fidelity? Well, because FZROX is proprietary to Fidelity, you’d need to sell it before you could ever transfer. This triggers capital gains tax. Conversely, VTI is portable and can be moved from Fidelity to anywhere, sans tax. > but I am more worried about which one would grow more Virtually identical > and capital gains taxes. Virtually identical

ClassIINav

The two are so close it's hardly wroth debating, especially if your portfolio is anywhere below the mid-8 figures. FZROX is basically free however can't be moved outside of Fidelity. VTI has a 0.03 expense ratio ($300 for every million invested) but portable to any brokerage. Also VTI is an ETF which trades like a stock which can have issues with trying to buy a fraction of a share. FZROX is a conventional mutual fund that lets you buy in whole dollars. So basically for your purposes, they're both just fine. I do VTI myself but only because I don't bank with Fidelity. I say for someone starting out like yourself, FZROX is just fine.

Kyzp

if taxable, pour money into FSPGX. Growth is better for taxable. If this is tax deferred, stick with FNILX and FZROX.

MountainMistCalm

[https://www.reddit.com/r/personalfinance/wiki/commontopics/](https://www.reddit.com/r/personalfinance/wiki/commontopics/) (money management tips) If you decide to open a Roth IRA, I would open one with Fidelity and simply invest 80% in FZROX and 20% in FZILX. It's as simple as that. [https://www.fidelity.com/mutual-funds/investing-ideas/index-funds](https://www.fidelity.com/mutual-funds/investing-ideas/index-funds) I would follow this strategy until you are nearing retirement, then I would add a bond component. [https://www.bogleheads.org/forum/viewtopic.php?t=328019](https://www.bogleheads.org/forum/viewtopic.php?t=328019) My investing strategy is a three fund portfolio minus the bond fund: [https://www.bogleheads.org/wiki/Three-fund\_portfolio](https://www.bogleheads.org/wiki/Three-fund_portfolio) Book suggestion: I Will Teach You To Be Rich by Ramit Sethi

TheHarb81

Around 2,500, it’s called FZROX

Mundane-Orange-9799

If you are with Fidelity, FZROX is great (zero expenses). Otherwise, VTI. 85-100% depending on how simple you want your investing BF to be. If 85%, out the other 15% in an aggressive growth fund to try and get some outsized returns. VIGAX has a nice track record and low expenses.

wandererarkhamknight

You can go with FZROX or FSKAX. That will be C and S in one fund. The FXAIX and FSMAX works too.

Key_Interaction2314

Hi All, Not sure if this is the right place to post, but I want some opinions/advice on my current investing situation and what exactly I am investing into where. I am a mid-20s adult and live in a MCOL - HCOL cost of living area as a remote worker. I make \~ $85,000/year from my salary. Below is my investment breakdown: ***Bi-Weekly Paycheck: $3,302.52*** **Pre-Tax Investments** * 10% of Paycheck into 401(k) through Fidelity (FXAIX): $330.25/paycheck * Company Match (50% on first 6%): $99.08/paycheck **Tax Payments** * State/Federal Taxes: $723.74/paycheck ***Post-Tax Paycheck Balance: $2,248.53*** **Post-Tax Investments** * 10% of Post-Tax Paycheck into Personal Portfolio: $224.85/paycheck * 70% into FZROX: \~ $157.40 * 30% into FZILX: \~ $67.46 * Max Roth IRA: $269.23/paycheck * 70% into VTI: \~ $188.46 * 30% into VXUS: \~ $80.77 ***"Take Home" Paycheck: $1,754.44*** The $1,754.44 goes into my Checking Account. Once a month, I move $715.55 (10% of monthly salary) from my Checking Account to my Savings Account (variable APY, but \~4% right now). I accumulate \~ $8,586.55 in my savings a year from this. Let me know if anyone has any suggestions or questions. I appreciate the input in advance!

harrison_wintergreen

There are two issues with those fund: - first as the other person mentioned, those mutual funds have much higher fees than alternatives. Fees will eat into your returns over time. There are better options with lower fees. - second, those two fund are very similar, both focused on larger American companies. links below. The top 10 stocks in both funds are very similar: Microsoft, Amazon, Nvidia, Broadcom, Apple ... so whoever sold you these funds didn't put much thought into the process. a better portfolio would be, maybe, (1) Larger US company fund; (2) smaller US company fund; (3) international company fund. these 3 would zig and zag differently, and would compliment each other better than two that are nearly identical. so my advice is similar to the other reply: fold both of those funds into FZROX or FXAIX or FSKAX (to use Fidelity examples), and add an international fund (FZILX, FSPSX) and possibly a fund focused on smaller US companies (FSSNX) ACAAX portfolio: https://www.morningstar.com/funds/xnas/acaax/portfolio FAGAX portfolio: https://www.morningstar.com/funds/xnas/fagax/portfolio

PashasMom

I'm going to propose a different kind of diversification, but hopefully one that will appeal to you. You have two very high expense, high turnover, actively managed funds. I would look for options that are low expense, low turnover, passively managed funds -- the kind that you can throw money at for the long term without stressing about whether one sector is doing better than another, the brilliant manager in charge of your fund has gone to a different company, etc. This is your buy and forget about it portion of your Roth. I am assuming you are a Fidelity customer or at least somewhere that you can buy Fidelity mutual funds without a fee. So, my proposals would be FNILX or FZROX -- depending on whether you want whole US market coverage or just large caps + either FSPSX or FZILX -- depending on whether you want your international holdings to be developed markets only or to include emerging markets.

username_taken1776

Formatting tip, if you add two rows (hit enter twice), it will start a new paragraph and makes your holdings easier to read: Roth IRA: 100% VT Employer Simple IRA: 100% SPIAX HSA: 100% FZROX Brokerage: SOFI, HIMS, NVO, VTI

MountainMistCalm

At 22 I would leave out bonds till I am closer to retirement, if I was in your shoes I would do: 80% FZROX and 20% FZILX It's that simple, the above is a global portfolio that include large cap stocks similar to those in the S&P 500, mid and small cap stocks, growth and value stocks, dividend stocks, international stocks. All that to say you don't need to add anything else except money. [https://www.fidelity.com/mutual-funds/investing-ideas/index-funds](https://www.fidelity.com/mutual-funds/investing-ideas/index-funds)

wandererarkhamknight

FSKAX has an ER of 0.015%, whereas FZROX is 0. Calling them high fee is misleading.

PeaceLvSpreadsheets

True YOLO? Vegas roulette table. Reality? I guess I'd do QQQ because it's slightly more risk/reward than FZROX but still not that risky.

Gimme_All_The_Foods

FZROX is great in tax-advantaged accounts. Just don't own it in taxable though since it's not portable.

DeeDee_Z

Inside of an IRA, the non-transferability of the "Fidelity Zero" funds (four of them) is a non-issue; if you have to or want to move to another brokerage you simply exchange them for Class A shares of an equivalent fund. I like FZROX better than FXAIX for what it -doesn't- own, actually.

SnS2500

Ignore the dividends and expense ratio, only the total return matters. But more to the point, the choice is the S&P500 versus the total US market. Either choice is reasonable. FXAIX has been +105% the past five years while FZROX has been +104%. Do not lose sleep over that choice (or just start by buying 50/50 if you want).