CNBC - May 4, 2018

Our Markets’ Rocky Road

July 2018

OK. The road isn’t rocky so much as politics are rocking the vehicle we’re in. While being a passenger in this politicized vehicle may be uncomfortable, it’s my job to neither confuse nor conflate market impacts from daily headlines with the as-yet-unknown actual and factual economic and market results. At the end of the day, I see no reason to take both hands off our portfolios’ wheels. Cruise control was last year. This year, it’s low gears and a slow grind as we continue to slog our way uphill.... Read more

Trading on Facts Not Fears

July 19, 2018

Fidelity Investor portfolios remain en garde, being invested in risk-aware managers and managed in a risk-aware manner. I'm able to trade toward an even more defensive stance should conditions warrant. That said, rest assured: I will trade on facts, not fears.... Read more

Ship Stability

Ship stability is the key aspect of naval architecture that addresses how a ship behaves in calm and frenzied seas. Ship stability extends from the ship itself to its functions, ensuring that if there is proper placement of cargo in and on a hull, safe passage rather than turning turtle will ensue. Is a ship of state any different? FSI’s portfolios are designed with stability in its algorithms’ mindset, delivering balanced transport and gainful passage no matter the sea state.... Read more

Fidelity Investor’s models have 6/29/18 year-to-date returns of between -0.6% and 6.6%. The average Fidelity investor’s portfolio gained 0.2% in June.
ModelYTD5-Year
(Annualized)
Global Quant Growth6.6%13.9%
Aggressive Growth (retired 6/29)3.5%11.8%
Growth2.5%11.2%
Growth & Income1.0%9.7%
Income-0.6%6.5%
Annuity Growth3.6%9.2%
Annuity Growth & Income2.9%8.3%
S&P 500 2.0%13.4%
Fidelity Investor Index 2.5%7.5%

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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