The 4 BEST Fidelity Index Funds To Own For LIFE
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- čas přidán 15. 07. 2024
- Here is a detailed review of my 4 BEST Fidelity index funds to buy and hold for life. In this video, I discuss what an index fund is, which indexes each fund tracks, how much they cost to own, why these are some of the top investments, and how you could use them to grow wealth - Enjoy!
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⏰ Timestamps ⏰
00:00 Intro
00:50 1. Fidelity 500 (FXAIX)
04:16 2. Fidelity Total Market (FSKAX)
06:41 3. Fidelity Total International (FTIHX)
08:49 4. Fidelity U.S. Bond (FXNAX)
10:14 Conclusion
My 4 BEST Fidelity Index Funds:
Important Note - Some of these index funds contain overlap as discussed in the video. On behalf of this, remember diversifying your portfolio is key and that an optimal portfolio needs much more than just these 4 funds. Proper allocation of these funds is mandatory and further investments much be taken to improve your portfolios diversification/risk exposure.
1. Fidelity 500 Index Fund (FXAIX)
The Fidelity 500 tracks the S&P 500 Index fund which seeks to provide investment results that correspond to the performance of 500 of the largest publicly traded companies listed on the U.S. stock exchanges. This fund covers roughly 80% of the entire U.S. stock market.
2. Fidelity Total Market Index Fund (FSKAX)
The Fidelity total market index fund tracks the Dow Jones U.S. total stock market index which means the fund seeks to provide investment results that correspond to the total return of a broad range of US stocks including small, mid, and large cap companies.
3. Fidelity Total International Index Fund (FTIHX)
The Fidelity total international index fund tracks the MSCI all country world index which means this international fund seeks to provide investment results that correspond to the total return of foreign developed and emerging markets.
4. Fidelity U.S. Bond Index Fund (FXNAX)
The Fidelity U.S. bond index fund seeks to provide investment results that correspond to the performance of the Bloomberg U.S. Aggregate Bond Index.
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Disclaimer: The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.
What are your favorite Fidelity index funds?? - Enjoy!
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For my 401k, I have FXAIX and FSSNX with a 90/10 split. Set it and forget it until near retirement.
Some one I know has more than 50,000 in fxaix, should I tell him to spread his money into a fidelity 3 fund portfolio for more exposure???
@@smittyb9418 Honestly, just look at the past performance of S&P 500 over the last 30 years which is about 9.8%, the track record shows , even if he kept all his eggs in that basket, likelihood of him doing fine is very high considering it's the top 500 companies in the U.S. - This is factoring terrible financial times such as 2008 financial crises.
Also, if for whatever reason the S&P 500 somehow crashes and is down -30% / 50% over the next 5-10 years; we have FAR bigger problems globally/economically speaking..... In this case, Gold , maybe Bitcoin might be a better hedge bet IMO because those tend to go up when the shit hits the fan. Especially gold. Bonds also a safe bet too, just too boring and too low reward. I'll put it this way, it's also a good hedge to keep some cash reserves on the sidelines , JUST IN CASE , the shit does hit the fan - you buy on those major dips of 20%/30% drops or buy Real Estate when home prices tank again.
One of my favorites is FTEC. it is a mirror of QQQ
Some employers choose the index funds you can invest in. Most of my money (about 80%) are in FXAIX, the rest in FGKFX. They are both large caps stocks but I like NVIDIA which FGKFX has about 15/16% of it.
Best advice I’ve heard is the best time to plant a tree was 30 years ago. Second best time to plant a tree- today.
I like it! And completely agree!👌
I just dropped $500 in FSKAX only...and gonna keep dropping Auto investing $500 a month for the next 10-15 years....not even gonna look at it till the end of each year...wish me luck lol
That's awesome! You will be shockedddddd in a few years plus!
I’ll get there one day lol im only doing $50 biweekly but its better than nothing
@DannysMoneyTalk I ended up adding 20% to FTIHX for more diversification. At 50 years of age not sure if I wanna add Bonds yet. What do you think?
Of course its better than nothing, that's admirable. Good luck!@@OGMagg
I just started doing $400 bi-weekly split between a few of Fidelity’s funds.
Good stuff, I currently have VFIAX at 0.04% expense rate, vanguard is cheap but I see Fidelity is cheaper and may consider a change
Looking forward to your coverage of Fidelity Zero Funds!
Thank you for the useful video 🎉 I like it
Thank you! Easy to understand content! 😊
Thank you!
Thank you for your informative videos with excellent visuals.
Of course! Thank you for your kind words!
Great Video Great Content this week I will purchase some the index funds
Thank you so much! I’m glad you liked it🙂
Just found your channel and I love your content. I'm a no flash and hype type of information consumer and I like visuals plus the consistent flow of information. I'm learning more and more as I watch! Thank you for your time in putting all this together man I appreciate it. New SUB!
Thank you so much for your kind words, that means a lot to me! I will continue working on making it flow with high quality editing and information. I appreciate you subscribing and supporting my channel! Hope to continue helping as much as I can!
Awesome thank you for great information
Of course! Thank you for watching and your kind words :)
Thank you for this informative video! I opened an account with fidelity not too long ago!
Of course! And I love to hear it!
Good list , What about FiSVX- Fidelity® Small Cap Value Index Fund ?
I don’t know much about a Roth but what I know I’ve learned here. Slowly I’ve been contributing to my account and using the advice I learn here 👌🏽
Wow thank you! That is so nice to hear and I really appreciate it! I'm happy you are getting started and learning. :)
Very. Educational! Many. Thanks🎈
Of course! And thank you!
Thanks for reminding me why I don’t invest in bond funds. 1% on average.
I'm excited for the three fund portfolio video. I'm starting to get into finance and your videos help a lot
I will plan to cover that in one of my next videos, and thank you! I love to hear that, keep learning what you can, knowledge is wealth.
Attached is the 3 fund portfolio video: czcams.com/video/L1rVeu-uqv4/video.htmlsi=rEjb0kBSQ1cBW-73
I like AIX...I add to it monthly...
Would it be wise to go with Bloomberg now that the US dollar is in decline or do the bonds have nothing to do with that ?
Great video
Thank you!
We need more fidelity videos. Pleaseeee❤
Will do my best! Thank you!
@@DannySully thanks Dan
Iam new to investing and I have a fidelity account and I was wondering how I can invest and hold a individual stock like NVDA for more than five years, and I'm not sure what good til cancelled means but that's what I picked and I think I made a mistake. Thanks
what do you think about FNILX index fun?
Brand new to all this. I kinda understand index funds but what is the general point of a Bond if it appears to have low return rates?
Hey great question! I personally don't have many because of my age and risk tolerance. The biggest purpose of bonds is to diversify a portfolio and reduce the risk of losing money. This is beneficial for those that are near or at retirement that can't afford to lose money but can also at least have some income over time from it. Hope this helps! :)
I'm a beginner in the field of investment, and I'm so glad i stumbled upon one of your super educative investment CZcams video. Leanriia lot, keep'em coming, Danny! Thank you!
Thank you so much, i'm very glad to hear that!
Thanks
Of course!
WHAT ABOUT THE FZROX
Hi great video Danny. If I have 500/ mo. What is the best allocation.
Computers and Tech....is not everyone on a cell phone? Computers chips automation etc etc....cheers.
So your suggesting I can have all of these 4 n it's not badly overlaping?
Hey Danny, so fidelity suggested I do their Freedom 2050 Index fund. What are your thoughts on that? Should I keep it? Or quarter up my Investments like your video is talking about.
Hey! Thanks for reaching out! That depends on your position. Retirement date funds are great simple ways to approach. If you want to be a bit more hands on, then finding multiple options that best suit you may be best then. I hope this helps!
Can I open a Roth IRA if I have a TSP traditional account Max out?
I understand the point of diversification, but wouldn't be better invest on a higher return found instead of getting a 1% return?... I mean, DCs are having a average return of 4%APY, and I get that your money won be available for sometime.
Bro just gave us exactly what to invest in with research That makes sense…. all within 10 minutes….. 😧
:)
How do you feel about adding fidelity dividend etf fdvv ?
I don’t know enough about it, I’ll have to look into it more. I use different dividend etfs sorry.
Can you do a video on Consumer Staples Funds like FDFAX?
Expensive fund
@@ONeal397 Yes, that is an issue. What is an ETF alternative? Also, maybe not as much of an issue if not losing capital is a goal.
Can't decide between FSPSX and FTIHX. International index fund vs. total int. Index. Any thoughts?
@@DannySully thank you!
FSPSX
Starting my Fidelity account and I have a silly question. Can I buy and own vanguard etfs through this account ? Like VTI or VOO?
Sorry for the late response but yes you can!
Can we have ETF’s that we can buy on fidelity in our Roth ira ?
Yes you can buy ETFs in a Roth IRA!
Where is the best place to begin investing in these? Apps, online, company? Thank you!
My recommendations:
1. Fidelity, Vanguard, Charles Schwab (Traditional)
2. M1 Finance (Get $100 when you deposit $5,000): m1.finance/QWPVWLf7Gmc7
3. Webull (Deposit any amount and get up to 12 free stocks valued $3-$3000): a.webull.com/i/DannySully
Can you do a video with the Fidelity lowest expense ratio with the highest return please?
Great question! I am unsure about creating a whole video on this, but I will say I have covered how to use the screener tool for this specific question in a recent video that I think you could really benefit from learning (i'll have linked below). In the description you will see a timeline for each segment in the video, I recommend viewing the research tools part at a minimum! I hope this helps, thank you so much for watching my content and for your question!
czcams.com/video/frXhZbyz80w/video.html
10:02 With a 5 year return at 0.84% and a 10 year return at 1.39%, why would I want them? I'm seeing rates for CDs and T-bills around 5% so I don't understand the value.
I'm with you. Both the bond fund and the international fund seem to guarantee a reduction of buying power vs other perfectly safe options. Money market, HYSA, CD's, and T-Bills (heck, even i-Bonds) all would seem to be better, at least here in 2023.
Yeah those funds have worse returns and higher fees. Not understanding why.
I am curious. My son is 23 and has 43K so far. He wants to be aggressive so 70% in the Domestic. My question is the $$ difference instead of placing between bonds and International, can he put in a High Yield savings account? Since their interest rate is above 5%.
Does that make sense? Or do you still suggest distributing between domestic, bonds and International?
Thanks
Hey so I obviously can’t tell you what to do. But a high yield savings account is currently a great choice. Money market funds are as well and they are both super liquid to change. Be aware those rates will more than likely go down in a few years. But this video is more of a guide and although I personally diversify among all, it’s whatever best fits your needs and wants.
@@DannySully Makes sense. Thanks again.
what if you had invested in a Fidelity index fund and now what to sell it and get a different index? Do you have a vid explaining how to do that?
My next video I’ll be posting next week will actually show that. It will be “how to use fidelity | step by step”. But for an index fund you will have to sell and it will take longer because the orders do not go through until the end of market day, unlike stocks/etfs.
I believe Vanguard funds are better than Fidelity as I believe they have lower expense ratios. I love VGT. Tech and computers has been the way to go since 1988 and I believe it will continue that way. Then invest in the two best companies in each sector of the economy and hold. You have to decide which 2 are best? Like Exxon Mobil and Chevron in oil. UNH and Cigna in health insurance. Buffet has not gotten rich in index funds sorry. Companies! Solid companies over time. Cheers😊😊😊!😊
Great points. Very similar to how I manage my own portfolio. I also agree with the Vanguard ETFs as I use them. Solid companies over time, Buffett was a genius at finding them, allowing him to not need 90% S&P. He states that to majority of people that don't know or do what he does! Thanks for the comment, great stuff!
What’s the suggested balance of these 4 in percentages
I can not say exactly since it's based on many personal factors. I think you may find value from this video I'll have linked below that is similar but with Vanguard ETFs where I discuss more with real world portfolio tests. Thanks for watching my content as well.
czcams.com/video/VgDQ_rplVzQ/video.html
one day fidelity will upgrade to putting a percentage into each account regardless of the etf
Hello I am 58 what percentage would you recommend I have in each stock?
Count up what you spend every month on bills. Then save up about 6 months of that and put it in a high yield savings that collects around 5% right now. Then put 100% of whatever extra money you have into an index fund that tracks the market. Preferably put it into a Roth IRA until you max your limit first.
So the s and p is better than the total market?
In regards to returns it has achieved historically yes but for overall diversification no. The total fund has small and mid cap stocks.
Can we get more fidelity vids !
Of course! Anything specific you want to see?
Here is a link to my fidelity playlist if you have not checked it out! czcams.com/play/PLL80XtVsEZjN7ichqUUvP54qpYQ4lVS46.html
@@DannySully can you make a vid on how to manage a 3 fund profolio bro
Yes I will make that one my next videos👍
@@DannySully
FSMAX-US Stocks not in s&p 500
FSMDX-Us Mid Cap Stocks
FSSNX-US Small Cap Stocks
Could you do vids on these 😬
@@DannySully thank you so much for replying! I look forward to more videos 🫡😁
Can you make a video on CDs please
Most definitely!
Hey! My most recent video I just uploaded is on this for you. Hope it helps you out: czcams.com/video/OprjgqbKUBY/video.htmlsi=AAvPCirG6pHLVWa8
Nah I Wana make a 1 time deposit and flip that .. I mean why add when you can roll it over
does anyone know how to get the money out of the spaxx acount into the cash settled account so i can use that money to make trades?
You may have your SPAXX account as your core position. If that is the case, you will be purchasing directly from the SPAXX. My next video is actually going to cover this and will be posted in the next day or two!
@@DannySully My account says I have money that's settled and ready to trade which works fine to purchase stock. Now in my SPAXX account when I click on it, it brings up a trade ticket but any selection I choose it brings up an error not allowing me to trade the money that's in it. So I'm hoping your video will help me! Thanks
is your SPAXX considered your core position? What is your core position? If you purchased separately I could see how that would be then. And yes I hope the video helps, I just posted it. But unfortunately have never seen this error issue, my apologies.
For weeks my account would show my $10k stock that I have purchased and holding, $38 in settled cash/ready to trade which shows up when I pull up a trade ticket and then in SPAXX it has $381. Today I looked and it shows everything the same except know it shows $38 in settled cash/ready to trade and SPAXX has $38 in it. What happened to the $381 that was in the SPAXX account last week?
how is FXNAX in the list of best 4? -11.16% of all time
You recommend FTIHX. What is the difference between that and FSPSX? It seems both are classified as total International Index fund… confused? Thanks
Hey I apologize for the late response, the biggest difference between the two is that FTIHX includes emerging markets where FSPSX does not. Both are international but FTIHX has more holdings and overall diversity than FSPSX.
So it doesnt make sense to hold both fxaix and fskax?
It’s a personal decision but to me it doesn’t unless one knows what they’re doing. One could get a total stock market index fund like VOO or FSKAX. Or one could get a small, mid, and large cap index fund separately. Vanguard etfs would be VB VO VOO
@@DannySully ah ok, i ended up doing 75% fxaix and i think the other 25% will be split between small caps or mid caps but i cant decide
For that 25%, you could use FSMAX.
Seeks to provide investment results that correspond to the total return stocks of mid- to small-capitalization United States companies.
So i called fidelity they told me to invest in fffhx, with my roth ira, but i cant find any thing on it, but i see FXAIX all over , what is the difference between fffhx and FXAIX, and for starting your roth ira which one is smarter 🤔, seems like FXAIX is the smart move
I use FXAIX, but that is a personal choice and I can't tell you what to do! I definitely would say to research and compare the differences between them and stick to what you prefer.
@DannysMoneyTalk I did more diving it's a target retirement fund, the return is less then FXAIX but another youtuber said those target funds are trash because it's bond heavy, and reduces your gains being so bond % heavy, but I'm 35 ill have placed 13 grand by now and end of 2924, so I'll get a decent compound interest from with the 1st yr, so I think FXAIX might be my choice aswell
What about FBND?
Easier to buy and sell as it's an ETF. I would recommend looking at historical returns and see the performance and other indicators like what holdings they invest most in to make a wiser decision. For taxable accounts, a bond fund that is an ETF would be better for tax purposes as well. Thanks for your input!
Fidelity dividend funds seem to be something that is not covered much.
You are right for sure. I will look into this asap! Thank you
😊
Just seeing this video...any update to the video or is this still valid 4/2024?
This is still valid!
Fxnax vs 5% high yielding saving account?
FXNAX is just an easier approach for someone keeping funds within an investment portfolio for tracking purposes. Personally, if I were to get involved with bonds I would prefer Treasuries or CDs fixed long term, etc. For the decision in today's market, I would say it depends on where you want the funds. Emergency fund = HYSA. Soon to be investments or preferred allocation in an investment portfolio long term = Bond Fund. Hope this helps! Definitely more to this as well. FXNAX current yield is 4.55%, close to many HYSA but many others can get 5%+ as well. Same with other fixed income opportunities.
Hi Danny. Is Index Funds only for US residents only?
No those in other countries can purchase them. If they are unable to use a company like Fidelity, then joining a different company and getting ETFs would be a good option.
Does anybody knows why International Funds have such a terrible returns?
Are these the funds you would recommend making your roth IRA with? What about 401k?
I can not say exactly. I show my entire portfolio in my Patreon but I will say I do enjoy Fidelity's Index Funds.
Who has $10,000 to invest!!! Lol
Then you're behind. Go on, get started!
For your own life? You have still to hope that that index will be growing over time so you don't have something more then hope. Japan and Europe showed that every index have decades when there will be no profit. There will be one time that the US wil folow.......
How about FZROX
solid option as well! Here is breakdown I did on the Zero fee funds i think you may like it: czcams.com/video/n3Zk35p8Lvg/video.html
FZROX!!
👌