Buying into the stock market

[LittleBill21]

Kind of meh compared to Fidelity's Contra fund:
View attachment 2707792
And keep in mind that American funds have rather high (5.5%) up front sales fees, Fidelity funds have none.

I had contra for years. still have it in some small concentrations, be aware though contra is not a target date fund, and as such will have higher returns for "higher risk/ fluctuation"

Fidelity even has some 0 fee funds, that I have my son in as well.

 

[Duds13]

I am reading these have front loading fee's of up to 5.75, its better that its a front load, but lots of funds out there without the load feed with the same typical returns.

Glad you found something you like though

Well, it's my employer 401k

 

[LittleBill21]

Well, it's my employer 401k

sometimes they are waived for the employee's

 

[Duds13]

Kind of meh compared to Fidelity's Contra fund:
View attachment 2707792
And keep in mind that American funds have rather high (5.5%) up front sales fees, Fidelity funds have none.

It's through my employer's 401k plan

 

[Duds13]

sometimes they are waived for the employee's

Yup, it's a $125 annual "administrative fee"

 

[Lineman North Florida]

Well, just as fate would have it, I moved the money Tuesday and by the close of the market today ( Friday ) the DJI had dropped over 1000 points, oh well I'm in now we will see what happens over the next few years.

 

[Carl_NH]

Fidelity 500 Index FXAIX
Fidelity Advisor Technology Fund FATIX
Vanguard Growth Index Admiral VIGAX

These three "growth" funds have performed well for me over the last few years - and today's downturn only impacted the share price by a few $ at the market close today.

The bigger concern is a 20% "correction" is likely coming where these funds will drop with market uncertainty, but they rebound for better gains long term over 3-5 years.

 

[calfal]

perhaps there may be a local stock club in your town.. check with them ...

 

[riptides]

Fidelity 500 Index FXAIX
Fidelity Advisor Technology Fund FATIX
Vanguard Growth Index Admiral VIGAX

These three "growth" funds have performed well for me over the last few years - and today's downturn only impacted the share price by a few $ at the market close today.

The bigger concern is a 20% "correction" is likely coming where these funds will drop with market uncertainty, but they rebound for better gains long term over 3-5 years.

There are quite a lot of people for sure planning exit strategies vs staying put if they are near retirement. I think a standard return of 7 percent means at least 3 years to make up a correction.

 

[Carl_NH]

There are quite a lot of people for sure planning exit strategies vs staying put if they are near retirement. I think a standard return of 7 percent means at least 3 years to make up a correction.

Yes - if you're in retirement or near term 2 years or less these corrections plus withdrawals, like RMD or otherwise can really hurt the overall portfolio.