Bloomberg - July 24, 2018

My Blue-Sky Thinking

August 2019

Whether you are a new or a long-time Fidelity Investor subscriber, you may have noticed the red and green arrows in each of my monthly Performance Reviews.But perhaps you don't know how to read them or what they illustrate. Not to worry. In your August issue, I'll explain what they mean in full detail.... Read more

Mood Swing Markets

August 15, 2019

After moving up on an elevated mood in July (thanks to a convergence of assumptions regarding a more benign trade war outcome and a worsening global growth trend line that could be countermanded here at home by more stimulus efforts), the mood pendulum has swung back on renewed recession and trade war fears.... Read more

My Blue-Sky Thinking

Growth investors are always looking up with lofty expectations, while value investors are always looking under rocks, grounding themselves in valuations and values.... Read more

Fidelity Investor’s Model Portfolios have year-to-date returns through 7/31/19 of between 7.9% and 17.9%. The average investor at Fidelity gained 0.7% in July.
ModelYTD5-Year
(Annualized)
Global Quant Growth17.9%10.1%
Growth14.0%7.5%
Growth & Income10.7%6.5%
Income8.4%4.5%
Annuity Growth16.8%6.9%
Annuity Growth & Income14.1%6.1%
S&P 500 20.2%11.3%
Fidelity Investor Index 12.8%6.1%

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.

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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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