Hi All I am planning to start investing to build my retirement fund and need some help from your expertise in choosing funds. Thinking to invest 2K every month in one of the below large cap funds by Fidelity. Please vote which one would you choose based on your returns? Also suggest if you think some other large cap index fund from Fidelity is better than these two? Update: Thanks everyone for your response. Based on your response and my research, I have decided to go with FSKAX which is very diversified fund and contains large, mid as well as small cap fund. I could have gone with zero equivalent of FZROX but since these are long term investments, I do not like the idea of tying myself with Fidelity as no one knows the future. Also the expense ratio of FSKAX is low, i.e 0.015% which does not seem bad for the peace of mind. #investment #investments
Tech Industry
Yesterday
1246
The man I love hates me because I’m Vietnamese
Tech Industry
Yesterday
3777
BREAKING: Internal sources confirm another round of layoffs just hit emails at Tesla. For real.
Tech Industry
Yesterday
468
Our company has alternate Fridays off, Does your company have?
Tech Industry
4d
43350
What happens when most of your team is Indian?
Software Engineering Career
Yesterday
3132
L4 Google -> 45 interviews, 5 offers, AMA
FBGRX. See if your company offers it
it's similar to FOCPX. any idea which one is better?
When you don't know, statistically, choose the fund with the lower expense ratio. Investors cannot know the future but they can control fees. Index funds are generally recommended because of this very reason.
Dogecoin fund
FCNTX has consistently outperformed the S&P 500 for 10-15 years now.
I personally do FZROX. But why does your fund have to be Fidelity funds? FZROX is just like vti, the total market fund and it’s great for long term. With FZROX, it’s true that you are locked in with fidelity. But I don’t see why you would want to move around the brokerage. One more thing, btw etf and mutual fund, there is also the cost basis calculation difference too. Something to think about btw etf and fund.
I personally think investing in crypto is the way to go, all you've gotta pay is gas fee.
May be, but it's not the time...Crypto is an all time high now.
If this is in a taxable account, I wouldn't personally recommend ZERO funds. Those funds cannot leave Fidelity so to be future proof, you are probably better off with other mutual funds like FSKAX or partial ETF shares on ITOT/VTI/SCHB/SPTM. That said, I ain't your financial advisor so I take no responsibilities for your investments.
what do you mean when you say zero funds cannot leave fidelity? Sorry I am newbie on investing.
If you want to switch brokers, you will have to liquidate and trigger a taxable event.