Bloomberg - July 24, 2018

No False Spring Here

March 2019

Marketwise, January's thaw continued mostly to melt up in February; the winter of forecasted discontent in the form of an avalanche of selling or the freeze of a recession not only did not materialize, they vanished like breath in warm air—invisible and insubstantial. In this month's Fidelity Investor issue, I will analyze the managers who are proven winners—the ones who have beaten their benchmarks over long and short time periods. On the other side (this one may sting a bit), I’ll also analyze the long-term losers, as my job is to call attention to both the outperforming and underperforming managers.... Read more

FI News Flash: Bond Market Suddenly Closer to Predicting Recession!

March 21, 2019

Since we connected (via your FI Hotline) last Thursday, there is really only one piece (and it’s a big piece) of new news to report—which I will get to. Meantime, the overall lack of new news (both event-driven and fundamental), remains good enough news to find domestic and global market indexes if not up, generally upbeat.... Read more

Bond Market Suddenly Closer to Predicting Recession!

Since we connected via your FSI Hotline last Thursday, there is really only one piece (and it’s a big piece) of new news to report—which I will get to in this month's Issue. Meantime, the overall lack of new news (both event-driven and fundamental) remains good enough news to find domestic and global market indexes if not up, generally upbeat.... Read more

Fidelity Investor’s Model Portfolios have year-to-date returns through 1/31/19 of between 2.7% and 8.6%. The average Fidelity investor’s portfolio gained 5.4% in January.
ModelYTD5-Year
(Annualized)
Global Quant Growth10.6%8.6%
Growth8.7%6.9%
Growth & Income6.4%6.1%
Income4.3%4.2%
Annuity Growth10.6%5.8%
Annuity Growth & Income8.9%5.2%
S&P 500 11.5%10.7%
Fidelity Investor Index 7.5%5.3%

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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