Bloomberg - July 24, 2018

Heeding Politics & Your Portfolio

September 2018

Fall is upon us. And yes, I know that the official end of summer isn’t until September 21—but tell that to schoolchildren and those of us in the workforce. Market highs were August’s harvest; the longer we go out on this bull market’s branch, the less surprising the market’s fall will be—but tell that to the fundamentals (earnings, interest rates, and economic data). In this issue, I climb back up into the limbs of Fidelity’s large-cap value stock fund tree; it’s a good place to be if storm force winds begin to uproot more growth-sensitive crops. I also invite you... Read more

Winds of Change

September 20, 2018

Against the winds of real, feared, and hoped-for change, the market has not just held its ground, but it’s held its higher ground.... Read more

Winds of Change

Marketwise, the train of concerns attending to mid-term election volatility may appear to have already left the station. Despite mounting polls of evidence for a Democratic tsunami, market gains have been small but steady; slow growth, not no growth. In my investment view, it’s way too early to let our mid-term election volatility guard down—or, to stick with train metaphor, remove the cattle guard from the front of our investment engine. Still, against the winds of real, feared and hoped for change, the market has not just held its ground, it’s held its higher ground.... Read more

Fidelity Investor’s models have 8/31/18 returns of between 1.4% and 11.6%. The average Fidelity investor’s portfolio gained 2.7% in August.
ModelYTD5-Year
(Annualized)
Global Quant Growth11.6%13.9%
Growth6.1%11.2%
Growth & Income4.0%9.6%
Income1.4%6.4%
Annuity Growth8.7%9.6%
Annuity Growth & Income7.0%8.5%
S&P 500 9.9%14.5%
Fidelity Investor Index 6.6%7.1%

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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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