Mutual Fund Advice
So I was looking at this one Fidelity Energy fund that is a great performer:
money.cnn.com/quote/mutualfund/mutualfund.html?symb=FSENX
It has a 4-star morningstar rating, and really good returns. There’s another fund of theirs I like, too:
money.cnn.com/quote/mutualfund/mutualfund.html?showpage=overview&osymb=FLSAX&sid=440152
It’s a 5-star high risk fund, but it seems pretty cool, and fairly diverse. Fidelity also seems like a great mutual fund company:
personal.fidelity.com/products/funds/?refhp=pr
Any thoughts, guys? I might take a 10-15% cut off my paychecks and auto-deposit it into a fund I set up, but I certainly could use some advice! ^_~
This entry was posted on Thursday, June 30th, 2005 at 9:11 pm and is tagged with mutual fund advice, star morningstar, morningstar rating, risk fund, flsax, cnn, energy fund, symb, high risk, paychecks, mutual fund company, fidelity, sid, money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback.
on August 22nd, 2005 at 10:54 am
Hello Elliott,
Fidelity has its good points and bad … certainly some of their funds have been stellar performers but others, like Magellan and Dividend Growth, have really lagged.
on December 17th, 2005 at 7:27 am
Paul,
My 401K is handled by Fidelity, and I noticed that on 12/16/2005 “FIDELITY GROWTH AND INCOME” FGRIX dropped by almost 10% in that one day. Even thought the market was very flat that day. How can that be? So much for security in mutual funds.
Thanks,
Adam
on March 28th, 2006 at 11:20 pm
Adam,
On 12/16/2005 the Fidelity Growth and Income FGRIX distributed dividends and capital gains to the fund owners. This causes the share price to drop sharply in one day. Your overall money is still safe.
personal.fidelity.com/products/funds/mfl_frame.shtml?316389204
Jamie
on November 24th, 2006 at 9:32 am
I recently decided to open an account to actively trade some stock. Not much, but enough to have some fun. There is a time and place for trading stocks. Your personality will drive your decision more than anything else.
on December 5th, 2006 at 6:41 am
The different types of mutual funds
If you want to buy a mutual fund, you have some choices to make. It’s kind of like the 50 kinds of toothpaste you can choose at Target. Except there are thousands of funds and we’re talking about your life savings. Anyway, you can pick a mutual fund of almost any imaginable type, based on many factors. For example, you could invest in a value fund, an emerging-markets fund, or a medical-device fund.
on September 10th, 2007 at 9:14 pm
Everyone seems to talk about Fidelity’s equity funds. Fidelity actually has some of the best fixed-income funds.
Michael Weiss
The Editor
The Mutual Fund Investor
www.mutualfundinvestor.net