Making Headway

October 2020

Seasonal trends are perhaps best characterized as “patterns,” since they can have all the clarity of an impressionist painting—the pattern is far from picture-perfect in terms of the repeatability and reliability of its returns.... Read more

COVID-19’s Risk & Return Road

October 22, 2020

Twelve days away from the election and our old friends, Russia and Iran, are up to their usual bag of election meddling tricks. Tonight, we have the last presidential debate where the mute button could be the unequivocal winner. There’s also an ongoing Supreme Court and stimulus debate, too.... Read more

Second Wave Risk and Opportunities

October 15, 2020

We remain in slow recovery, not no recovery mode—with signs of slow recovery slowing here and elsewhere; signs that are being read and heeded by our Fed and its global equivalents in a manner that has them collectively calling for more and more stimulus.... Read more

Fidelity Investor’s Model Portfolios have year-to-date returns through 9/30/20 of between -1.4% and 9.5%. The average investor at Fidelity lost 2.0% in September.

ModelYTD5-Year
(Annualized)
Global Quant Growth3.0%12.3%
Global Quant Income4.2%N/A
Growth9.5%10.9%
Factor+N/AN/A
Growth & Income1.5%7.9%
Income-1.4%4.7%
Annuity Growth6.5%10.4%
Annuity Growth & Income3.9%8.8%
S&P 500 5.6%14.2%
Fidelity Investor Index 5.1%8.2%

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.

Awarded ‘2016 Newsletter Honor Roll’ by the independent Hulbert Financial Digest

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

Say goodbye to Index funds and Hello to Actively Managed funds

Jim Lowell adheres to the Cardinal Rule of Mutual Fund Investing: Buy the manager! He makes sure his subscribers, also known as “Fidelity’s Fortunate Few,” are protected and invested in Fidelity’s best funds.

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Tap into the Wealth-Building Power of Sector Trading

These long-term sector investments are selected based on Jim’s proprietary Fidelity Sector Investor fund-scoring system and set to deliver big profits.

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