CNBC - August 15, 2017

Navigating Expected Turns and Unexpected Twists

September 2017

Don't let August's lackluster markets lull you into a false sense of relief. None of the issues that have been buzzing around and occasionally stinging the markets has sweetened a jot: North Korea, Trump-related agendas, natural disasters, low levels of domestic and global growth. But, don't let such issues detour you from your investment objectives—I am here to get you there. Heading into what I suspect will be stormier market seas doesn't mean changing course or trimming our positions' sails just yet. This month's issue features a review of Fidelity's entire sector fund lineup—so many sector funds that we couldn't... Read more

The Markets Remain on the Offense

September 21, 2017

Market fortunes continue to expand rather than contract, and the past week has not been an exception to this year’s gainful rule. So far, markets at home and abroad have yet to find a sustained reason to reverse their upward course … so they continue to go up.... Read more

Heat Lightning

Heat lightning may startle the eye, but it rarely strikes the earth close enough to the observer to do any lasting damage … similar to the effect that a few down days, or a few down hours, may have on our portfolios during this record-topping market (the second-longest bull market since World War II). And while I can’t see any fundamental evidence for a current, major shock to the system, I also don’t have to look far to find plenty to be watchful about: North Korea, Mother Nature, human nature, etc. So far, however, all known threats have proven to... Read more

Fidelity Investor’s models have 8/31/17 year-to-date returns of between 5.1% and 15.8%. The average Fidelity investor’s portfolio gained 0.6% in August.
ModelYTD5-Year
(Annualized)
Global Quant15.8%14.2%
Aggressive Growth13.4%12.2%
Growth12.4%12.0%
Growth & Income10.8%11.1%
Income5.1%8.1%
Annuity Growth14.7%9.6%
Annuity Growth & Income12.7%9.0%

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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