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URL:  https://boards.fool.com/i-did-just-about-the-same-thing-with-fidelity-i-11886277.aspx

Subject:  Re: Fidelity Rollover IRA Date:  1/28/2000  9:19 AM
Author:  OldToad Number:  18365 of 94587

I did just about the same thing, with Fidelity. I kept all my positions in the Fidelity funds initially (FCNTX, FGRIX, and FPURX). The last two didn't have a great year for the last couple of years but I selected them initially for the diversification. When I decided to become a real fool, I converted a piece of my IRA into a trading account (PEG) and since it is in a tax deferred account, I could do the 6 month type of PEG4.
I also re-allocated my funds and put a majority into the Spartan S&P 500 Index equivalent (FSMKX).

The results? FCNTX is still doing fine, FSMKX is doing as well as the Index(almost - not as well as my Vanguard 500 fund though), and the PEG4 is blazing away. I still have long-term hopes for FGRIX and FPURX (looking for a minimum of 10% over the long term).

Well that is my two cents. Hope it gives you some more to think about.

Have a great day!

OldToad

PS. If you didn't notice, Fidelity actually sold your previous positions in your 401k to set up the Rollover IRA. Those sales were followed by equivalent purchases, resulting in your having the same positions in the IRA. It's a minor point but the realities of the tax-deferred world.
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