Can anyone recommend any Fidelity Investments?

[Lord Xar]

Hey All.

I am currrently slotted into the following. As you guess, they are all losing something.. market is bad. Would you recommend stopping any additional 401k investments? Also, would change up any of the following?

100% are in the following three. This is the loss for each over x period of time.

FID GROWTH COMPANY
-2.52%

ROYCE LOW PR STK IS
-0.93%

THORNBURG INT VAL R5
-0.68%

 

[Zippyjuan]

Are there other options to invest in? While you want to be concerned about money in losing investments you also want to be careful about persuing those with high returns- those may turn around at some point too- nothing goes up forever. Energy looks pretty good long term in my opinion (nobody knows for certain what will do best in the future of course). Dividend paying funds?

As for the next post- index funds can be great because they have the lowest costs (costs reduce returns) though I would not do long term government bonds at this time. Rates are too low and if interest rates rise, the value of bond funds go down and rates are still basically at historical lows.

 

[legion]

The structure of your plan is dependent on the company you work for. We can't know what's offered.

General advice, find the index funds:

S&P 500,
Long term gov't bonds,
Inflation hedge(if available),
Money Market

Distribute among these to your comfort level.

These funds should have the lowest expense ratio (fees) than the others in your plan and a mix of these should do best in the long run.

Don't try to speculate in a 401k plan, it's like running a marathon in a potato sack.

 

[deadfish]

You may be able to open a "self-directed" 401k account. Then again, maybe not. I didn't realize that my company/401k allowed that option until I started reading all the information closely.

 

[Lord Xar]

I do admit I stopped putting monies into it because of the declining market but my company matches 2.5% up to 5% of my income.
Very confusing, it all seems.

40% domestic: large cap
60% international: small cap and international

 

[Zippyjuan]

That 2.5% is a free 2.5% on top of the return the investment makes. Mine offers no match.

 

[legion]

Are you sure you mean your company matches 50% up to 5% of your income, which would equal 2.5% of your income?

Matching 2.5% up to 5% of your income basically means a 0.125% bonus. Seems like that would cost more to administer than it would be worth.

 

[Lord Xar]

Are you sure you mean your company matches 50% up to 5% of your income, which would equal 2.5% of your income?

Matching 2.5% up to 5% of your income basically means a 0.125% bonus. Seems like that would cost more to administer than it would be worth.

Yes u r correct.

 

[Lord Xar]

Are you sure you mean your company matches 50% up to 5% of your income, which would equal 2.5% of your income?

Matching 2.5% up to 5% of your income basically means a 0.125% bonus. Seems like that would cost more to administer than it would be worth.

Yes u r correct. I was incorrect.

 

[Zippyjuan]

So if you put $1000 into your IRA you suddenly have $1500. Can't get a better return than that on a consistant basis. Explore your options as to what investments within the 401k but definately put in as much as they will match.

 

[ababba]

You shouldn't say the market "is" bad because the historical evidence is that big declines in stock prices signals higher future returns. Bad performance in the recent past increases the chances of good performance in the future.

 

[oyarde]

Fidelity should be similar to T Rowe Price or something and have a cash return fund and or some bond funds , will not make much , but should not loose when everything , tanks, again. I always put in the minimal amount to get all of the match.

 

[oyarde]

When you get a quarterly statement it should list all the funds available and show , quarter , one year , several year performance , look at anything that has not lost the past four years , total.