Bloomberg - July 24, 2018

My Market Memos

October 2018

Focusing on fundamental facts, not headline foment, is a wise course of investment action and better than being moved by unthinking, short-term momentum. We have been in a multi-year tug-of-war between fundamental facts and event-driven momentum. So far, facts have held sway. They may continue to be able to do so for longer than the majority of investors believe they could.... Read more

Climbing Peaks

October 18, 2018

Following last week’s fall, Tuesday’s rapid run up the hill left the markets looking like they wanted to catch their breath.... Read more

Climbing Peaks

Like climbing a mountain: The higher you go, the thinner the air, making every new hike up more laborious while simultaneously making a misstep more treacherous. But it’s also easy to mistake what you see in front of you as the highest peak … until you summit that and see a range, like the Rockies, crenellating to the horizon. Right now, from my fundamental view, I think we could climb higher, but the risks attending doing so have risen and are likely to continue to rise.... Read more

Fidelity Investor’s models have 9/30/2018 year-to-date returns of between 1.4% and 11.6%. The average Fidelity investor’s portfolio lost 0.1% in September.
ModelYTD5-Year
(Annualized)
Global Quant Growth12.5%12.9%
Growth6.6%10.4%
Growth & Income4.0%8.9%
Income1.2%5.8%
Annuity Growth9.2%8.9%
Annuity Growth & Income7.5%7.9%
S&P 500 10.6%14.0%
Fidelity Investor Index 6.5%7.4%

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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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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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