CNBC World March 23, 2020

Growth Projection Correction

March 2020

As longstanding members know, I have been swinging on the hinge of creating a low-cost index/ETF model portfolio for Fidelity Investor members for years—decades, really. Not biding my time nor twiddling my thumbs, mind you. But patiently awaiting Fidelity’s clear commitment to the space.... Read more

Special Hotline: FI Trade Update

March 30, 2020

I am confirming the trades in my Growth model portfolio that were announced in last week’s Hotline.... Read more

The Coronavirus Contagion

March 19, 2020

Recent days have been a whirlwind for the global population and financial markets, with no end seemingly in sight. The deluge of panic-stricken headlines can overwhelm even the most levelheaded investor, and seismic moves in the market cause each passing day and week to feel like an eternity… Even February feels distant and almost irrelevant.... Read more

Fidelity Investor’s Model Portfolios have year-to-date returns through 2/29/20 of between -8.9% and 1.4%. The average investor at Fidelity lost 4.3% in February.
ModelYTD5-Year
(Annualized)
Global Quant Growth-8.9%7.8%
Global Quant Income1.4%N/A
Growth-5.5%5.9%
Growth & Income-4.6%5.1%
Income-1.6%3.4%
Annuity Growth-5.0 %5.8%
Annuity Growth & Income-3.9%5.3%
S&P 500 -8.3%9.2%
Fidelity Investor Index -4.1%5.2%

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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