JLGMX
JPMORGAN LARGE CAP GROWTH FUND CLASS R6
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I'm addicted too, but I just switched to going long as fuck, holding shares, in quality companies with little to no debt, excellent cash flow, high demand for product or services, high likelihood of long-term growth due to relevancy in the future, high momentum scores, in the Roth IRA I just hold one ETF, SPMO, and my 401k is in one mutual fund, JLGMX, both of those are pretty aggressive but stable enough for going long, my taxable account is just 7 stocks as I described above, in this way I still am exposed to risk but I've strategically minimized the risk of loss of my principal, thanks to diversification as well as quality fundamentals, just following some of Jack Bogles advice, but combined with some of Warren Buffett's advice, along with finally my favorite, Peter Lynch and his advice. This all allows me to closely monitor the market as a whole and then individual stocks too and macro events, the news, politics, economic catalysts, anyways I still pay attention like I'm trading options, I just don't touch them now. If I did, they would be long dated calls, leaps, on SPY. Study the mouse if it is the owl you seek. The customers, study them, not the company itself beyond the basics of course. Hope anything I said helps literally anyone.
You know I decided months ago to stop buying shares of TSLA but unfortunately I believe my 401k and also my Roth IRA are exposed to a certain extent, call it a few percentages. I carry JLGMX in the 401k, thinking about swapping it all for NOSIX (s&p500 fund by Northern trust) but I'm unsure. My Roth IRA is all in with SPMO which currently holds 5.23% of TSLA 😩 JLGMX holds 2.77% TSLA.
My definition of a stable core holding ETF is SPMO. My Roth IRA is all in on SPMO. My 401k is JLGMX, and I'm holding forbidden stonk, NVDA, and Microsoft in my taxable. Calls on SPY always Amen
This is why I mostly just go long, 401k in JLGMX, Roth IRA in SPMO, taxable account is where I gamble on the next big momentum plays.
I don’t think the mix is bad tbh. There are degrees of optimizations like if you were 80% nivdia is one thing, but the difference of 40BPS is like rounding errors. Also there are elements of the popular funds people talk about but they are very similar. Example VFIAX that’s the same construction as VOO/SPY/IVV-identical. Your JLGMX is essentially that but with a growth tilt on weights. However it’s at 0.91 correlation (those other ones are at 1.00 correlation) it just means tend to move very closely with each other. the growth fund also had about a +3% in annualized return compare to pure index funds. Only question is how much do you want to monitor it. I’m not saying constantly change it but monitor how the funds drifts as values change over time. I would put a process in place maybe with an online tool to feed in the weightings every 6-12 months to see how countries, cap, markets are weighted. Very 12 months to rebalance back to the original target weights. It does require some work. Or you can just go with a single all world fund/etf and that rebalance work is outsourced.
I did really well the last two years so for funsies in January I moved my entire JLGMX ($87.34 share price) position into VMFXX. This represents about 25% of my entire retirement account. If it drops sufficiently I’ll rebuy. If not, it’s still earning ~5%
I usually swing trade through a brokerage account linked to a 457(b) and 401(a) trading 15-20 shares (BKNG) or (AZO) multiple times per week if possible, or stocks where you can buy a lot more shares like (DE) & (DPZ). Those seem to go up and down a pretty good amount to buy and sell for a profit. I don’t use any indicators I just pay attention watching the patterns of what they do and swing trade 1 or 2 max at a time. If I buy at the wrong time and it drops I have money on the sideline to buy myself out where I buy the same amount of shares that I already hold. That cuts my average buy price down by 50% to sell quicker when they go back up without getting stuck for too long or transferring more into the brokerage. The 457(b) has a 2,500.00 match where I try and get $2,500.00 as quickly as possible every year. The faster I get that Into the account the faster they match it which compounds interest in a difference of hundreds of thousands by the time retirement comes. The 401(a) the employer puts 13% and we put a mandatory 6% to equal 19% along with an additional Roth attached to the 457(b). The Roth is used as a little savings account because you can withdrawal from it once per year without penalty. All of those have been invested in Fidelity K6 (FGKFX) which Is our best option for folders to choose other than JPMorgan (JLGMX). The brokerage account through Empower allows 1,000 free trades per year but I was thinking maybe I could create my own folder in curiosity to see how it does. Good idea or no?
Looking for some advice. I am 44 years old and I have been casually saving over the past few years and had my money in a high-interest savings account that was getting 5.25% I saved up about 16k so far and I was hoping to make more than 50 dollars a month interest. I have moved the money out of the high-yield account and transferred it into my fidelity account and bought into a mutual fund FCNTX. My ultimate goal is to double it over the next few years and use that money to buy a car. Should I leave it in the mutual fund or put it into an ETF? 2nd question, I have a 401k that I had with an old employer and have 150k total in it which is currently invested in 50% Fidelity 500 index (FXAIX) and 50% in Jp Morgan Large Cap Growth (JLGMX). Should I leave it where I have it? YTD performance is 24% and has done really well over the past few years I believe last year it was 30+%. Again I have read a lot of people saying to invest in ETF's. Any advice is welcomed as I don't have a lot of knowledge with this stuff.
As is so often the case JLGMX lags the S&P500 by about 80% points over 10 years. If I were 21 I'd put my money into the cheapest S&P index fund I could find and leave it alone for 40 years.
See if your employer offers: JLGMX….make sure you take advantage of the full match and if Roth is an option go with that… I’d also open a brokerage acct and a hysa and I’d try and save up for a home down payment using hysa and when you have extra cash I’d buy VOO or QQQ in the brokerage acct.
My swing trade stock in my Brokerage account BKNG was my go too all year which has taken a beating the last 2 weeks leaving me to hold or take a massive loss of $12,000. Nvidia is down approximately $25 from my average share price with a $6,000 loss for now on that one as well and stuck holding which was the plan anyway for Nvidia. Just sucks seeing them drop so much lately. Any advice for Large cap, mid cap, small cap or indexes like the Russell2000? I have a 457B pre and post tax along with a 401A. Should I shift my money out of Large CAP J.P. Morgan (JLGMX) which has performed incredibly the last 3 years skyrocketing my accounts or leave it in large cap (JLGMX) or Fidelity Growth Company K6 (FGKFX)…. I see large cap is falling right now as well due to interest rates not being cut, job growth screeching to a decade low aside from the pandemic along with consumer reports of people pulling back from restaurants & retailers. Add in fear of increased regulation of tech and lackluster AI performance. Friday Amazon and Intel also reported dreadful earnings and outlooks as the transition to AI has proven costly while its prospects remain uncertain. Fear is also reported in articles of the FED not acting quickly enough to keep Americas Job Market in decent shape as hiring continues to decrease. Expect Bumpiness over the next few months as economists and investors sort out what may be a new phase in Americas economic growth story. Quarter 3 growth is expected to slow, rate cuts in September have people thinking it will become a Bullish market but in reality look back! 8 rate cuts dating back to 1969 have all resulted in a recession followed quickly after within 1-12 months when the rate cuts are technically supposed to stimulate the economy they historically do the opposite throwing it into a Bearish Recession…. Housing Market rates were cut 0.25% down to approximately 6.8% while normal rates are still at 5.5% expected to lower to 4.6% by the end of December due to inflation having a 95% chance of staying above 2% which its currently at 3% and hasn’t dropped below 3% all year. Any advice where to invest? Small or Large cap and which specific portfolio or Index fund, Thanks!
An index is like SWPPX, which replicates the S&P 500. JLGMX for instance is a growth fund, which invests in "growth" stocks, which generally are less profitable and which are growing faster than most stocks.
Compare 2 like funds, FSPGX is similar to JLGMX but expense ratio is 0.035%.
Comparing the two specific funds you asked about JLGMX (an actively managed growth stock fund) and FXAIX (an SP500 index fund). You can certainly get the same growth exposure with much lower fees and even better performance with any decent growth stock index fund, e.g. VIGAX, VUG or FSPGX. If you're in a 401k plan with limited investment options it might be worth paying the higher fees to gain access to better performing growth stock funds.
Are JLGMX and FXAIX actually my comparable? To answer your question: Expense ratios around 0.2% or less are all “0” in my mind. Once younger closer to 1% I’d start seeing if there were other options.
This is a classic tradeoff. You bring up a good point, that higher expense ratio doesn't always mean worse returns. Past performance doesn't guarantee future returns though. It's tough to say for sure without knowing what JLGMX is - gotta research their holdings and strategy to see if that outperformance makes sense for the next 30 years. Also, gotta factor in risk tolerance - higher returns usually come with higher risk.
that’s why my 401k is 100% JLGMX 
i never said avoid them. I stated that ER will bite you over time, and asked OP a question why they chose JLGMX
How is the expense ratio calculated over the years? is there an easy formula that I could follow to estimate it and see how the investments could do after factoring various expense ratios? Why would I invest in both JLGMX and VFIAX, well it was my lack of knowledge and understanding. I am glad I posted this, so I can correct these 'mistakes' and be better set for the future :) Thank you
those expense ratios will bite you over time, for example with a lump sum investment, 0.5% over 30 years will eat about 16% of the initial investment Why you would invest in JLGMX & VFIAX given the expense rations and the composition of the fund is very similia to VFIAX? It's an expensive actively managed fund that has not always performed as well as VFIAX. For example, back testing from December 3, 2010 until now, VFIAX has done better.
Any "growth" fund that holds big tech has done really well in the past decade. That's the risk. In 2022 alone, JLGMX dropped from its ATH to around -40%. Meanwhile the S&P500 was around -25%. Ask yourself how you would handle such a drop, would you have sold? You're basically asking a risk-reward question, the answer is "can you handle the risks?"
Options: 1.) [T. Rowe Price Retirement 2055 Trust](https://00440.mps30ebd.eas.morningstar.com/Empower%20%5bUS%5d/HTML%20Reports/CITs/F00000Z2LO.html) - mix 97% equity 3 % bonds - asset class = Asset Allocation - 1 year = 23.64% - 5 year = 10.71% - 10 year = 9.18% - gross exp = 0.38% 2.) [JPMorgan Large Cap Growth R6](https://advtools.morningstar.com/SMLOGINMS/SMLoginMS.asp?url=https://awrd.morningstar.com/Auth/JP2SB.xml&INSTID=JP2SB&targeturl=https://awrd.morningstar.com/SBT/Tools/MR/Default.aspx?fullversion=1%26ticker=JLGMX) - mix 96/4 -asset class Large Cap Funds - 1 yr = 43.55% -5 year = 20.51% - 10 yr =17.56% - gross exp =0.52% 3.) [NT S&P 500 Index NL-Tier 3](https://00440.mps30ebd.eas.morningstar.com/Empower%20%5bUS%5d/HTML%20Reports/CITs/F00000Z3C0.html) - mix 100 / 0 -asset class = Large Cap Funds - 1 yr = 29.80% - 5 yr = 15.05% - 10 yr =12.95% - gross exp = .01%
my 401k only has boring options. I think i'm gonna put 100% contributions in JLGMX because it's slightly more "yolo" than VINIX
That's the general rule of thumb ratio. I'm 50. If I was your age again. It would do this. Aggressive 40% VITNX 45% JLGMX 15% VWILX And role with it. Stay the course and don't freak out in a down market.
Honestly 80% VITNX 20% VTMGX If JLGMX expense ratio wasn't .94 then would say give it a steroid shot of growth.
I’d do 50% JLGMX. 30% CMGIX. 20% PRNHX. Large mid and small cap growth. Net net you outperform the FXAIX. TRP nee horizons is good. Mid cap growth is undervalued at this point.
Looked up all five funds. What the hell is he talking about with diversification? First three funds are large cap growth $JLGMX 0.44% expense ratio, DUSLX 0.18% expense ratio, RNPGX 0.41% Spenser ratio. The last two are fucking mid cap growth. CMGIX 0.8% expense ratio and PRNHX 0.79%. This is the definition of complexity for the sake of job security. No need for this much overlap and no international or small cap exposure. Don’t get me started on those expense ratios.
JLGMX has beat its index for the last 15 years by at least 2%. Beating an index is not always the goal. Most people cannot handle the dips of the index. They love it when they are up 20% but they are terrified when they are down 20%. With some folks it’s about smoothing out the ride so they don’t jump off the ship. You hear countless stories of people who “lost it all” in 08. No, they did not lose it all, they sold at the bottom and either never got back in it got back in after the rebound. They were driving too fast, lost control of the card and crashed
65% VFIAX 15% VBTLX 08% EIBIX 04% JLGMX 04% VSMAX 02% VIMAX 02% OEGIX Over the past week I moved 20% of my portfolio from a money market fund into five new positions: junk bonds, mega-caps, mid-caps, and small-caps. The rest of the portfolio consists of 65% Vanguard 500 and 15% Total Bond Market funds. 10 year window. Yea or nay? I am slightly concerned about exposure to commercial real estate in the Total Bond Market fund and may trim this position at some point.