UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: warrl Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 253531  
Subject: Re: Fidelity Switch help Date: 12/29/2007 3:36 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Not a great selection to choose from.

A lot like my 401K choices actually - I have more choices, but they are basically more of the same (plus some CD-like options). Still no sector funds or anything like that.

(Oh, I do have the option of paying an extra annual fee for a "BrokerageLink" account... but it isn't a stock brokerage, it's a mutual fund brokerage. And while I would get a lot more mutual funds to choose from, all the other rules and restrictions would remain the same.)

The way I manage my 401K is that every month I divide my money equally among the funds that have had the best performance over the prior three months.

The number of funds I hold at any one time (currently three) is based on my account balance and dodging the restrictions the plan managers put in to try to discourage people from sensibly seeking short-term high profits inside a tax shelter. Sometime next year my balance probably will hit the point where equal amounts in three funds puts me over a limit, and I'll have to revise things in some way.

YTD to Sept 30 (my most recent statement) I was up 17.07%.

The three funds on the list which did the best YTD to Sept 30 (looking *backward* at the results) all did better than that... but the fourth did not.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Apple

Wal-Mart Nixes Apple Pay
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement