Hi , Just wanted to check what options you take in oracle 401k fidelity portfolio . I have vanguard (years ) fidelity contra pool and dodge .. YTD gains are not that great
I've got about 40% in Fidelity Gr co Pool CL 3, 20% in Fidelity LPS pool class 2 10% in vanguard 500 index fund and then a smattering of other stock and Bond funds. My allocation is about 90% stock since I'm fairly young, so I can stand to be more aggressive. I've got a 9.5% return YTD, But that's been fluctuating due to market instability down to about 7% at times. Last year I was at 22% return, which was phenomenal. If you believe the market forecast that the stock market is due for another correction, this isn't a great time to switch up investments. Wait until after the correction.
Oracle .. not sure they still pay salary .. who uses those arcade technologies.. guess Vietnam and China does .. Larry missed the whole cloud boat
I'm 95% Vanguard Target Date 2045 and 5% Brokerage Link. The target date fund return has been a bit underwhelming, but it's diversified. My Brokerage Link was a small holding of MSFT, AMD, AAPL, and some others. Not diversified, but one hell of a year.
What do you mean by brokerage link?
It's a Fidelity feature enabled for our plan. You need to request access or click something to opt into it. It then works as a nearly full-featured brokerage account. You can buy stocks, bonds, ETFs, etc. You need to pay whatever commission. But you get a way to really manage and customize your retirement account.
I have other investments outside, so I chose the most aggressive target date fund I could.
Could you please share details .. I am not asking exact money amount but names . E.g vanguard or something else and how did you figure out aggressive ? YTD return ?
Vanguard target. You can look up the prospective through either bags Vanguard or netbenefits. It will tell you the allocations. In short, the farthest date is the most aggressive. I move it every few years to the new farthest date.
I use the S&P 500 fund. Not great as an index but better than nothing.
I choose fidelity and just looked at previous years returns and choose the best.
You know what they say, past performance is indicative of future results!
But seriously I hope you’re not choosing an active mutual fund with that logic. “To date, an overwhelming body of academic research has demonstrated that past performance not only fails to guarantee future performance (as the required SEC disclaimer states), but has almost no value whatsoever as a predictor—with the exception that poor performance combined with high expenses predicts future poor performance.” http://thebamalliance.com/blog/the-peril-of-chasing-active-mutual-fund-performance-ratings/
I left mine at default and the ytd has been better than any or my past 401ks
Thanks for your reply
What was the default fund?