With markets like our own, the FTSE 100 in London, and Germany’s DAX continuing to set or hover near record peaks, and others like Japan reaching multi-year highs, it should feel like we’re living the sweet life. But, it still doesn’t feel like that to me—or to nearly every investor I speak with. What gives? The lasting impression of the Great Recession. Here and now, there’s a lot of talk about soft patches. But I continue to think they’re more snow patches than soft patches: So much of the U.S. data that we are seeing right now is so weather-impinged that I’m going to give it a pass this round. Instead, in this issue I’m going to provide you with a passport for investing in developed international markets. Consider this issue a passport to tour the global markets beyond our pale. I go in-depth into the funds that make up Fidelity's international options and the managers that run them, showing you which funds are best to get global diversification for your portfolio. Read more
This week was a turning point between having major economic reports drive the markets to having earnings reports and outlooks drive them. Before I get to the earnings reports, let me touch on the retail sales, housing starts and the Beige Book, as well as a World Bank assessment for 2015 growth and, towards week’s end, Greece disturbing headlines more than markets once again. Read more
This week was a turning point between having major economic reports drive the markets to having earnings reports and outlooks drive them. Before I get to the earnings reports, let me touch on the retail sales and housing starts. Read more
Jim Lowell is Editor-in-Chief of the award-winning independent newsletters Fidelity Investor and Fidelity Sector Investor. Through his newsletters, Jim advises individual investors seeking superior performance from their Fidelity investments. He has also written several books on investing, Investing from Scratch (revised edition, Penguin, 2006) and What Every Fidelity Investor Needs to Know (Wiley, 2007) among them. Read more
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You don't want to own too many funds that are similar, but how do you tell? A high correlation between funds may mean that your portfolio of funds is not as diverse as you might want it to be. While other tools may compare funds only to the S&P 500, you can use this tool to determine how closely the performance of one Fidelity fund tracks that of any other Fidelity fund. Compare all the funds that you own. To diversify, look for funds that have low correlation with one another.