Bloomberg - July 24, 2018

Chaos Theory

August 2018

On the island from which I write, half of the shoreline is chafed by the broad sweep of the unforgiving Atlantic, while the other half looks longingly across the aptly named Buzzards Bay. Literally nestled between a rock and a hard place, the island’s harbor shelters ships, both business and pleasure. The harbor’s social epicenter is the fishing dock, where all walks of islanders and mainlanders gather—even on full moon tides when the elevated docks might go under water. The highs and lows of summer tides are extreme, but run like clock work. Editor's note: The new zero-cost index funds... Read more

Looking Back to Divine Our Markets’ Future

August 9, 2018

Summer doldrums find little new news to note—that’s good news in my book. Still, it means we have to look to the recent factual past to glean where, in theory, we may be heading in the near-term future.... Read more

Ship Stability

July 19, 2018

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 7/31/18 year-to-date returns of between 0.5% and 9.2%. The average Fidelity investor’s portfolio gained 1.3% in July.
ModelYTD5-Year
(Annualized)
Global Quant Growth9.2%13.1%
Growth3.9%10.3%
Growth & Income2.6%8.9%
Income0.5%5.9%
Annuity Growth5.9%8.6%
Annuity Growth & Income4.7%7.6%
S&P 500 6.5%13.1%
Fidelity Investor Index 3.8%7.1%

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.

Learn more

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.

Learn more