Help: Fidelity 401K Funds.. Go.. (bond, IRA, mutual funds, trading)

[rocafeller05]

The other thread on fee's got me thinking. And confused to be honest.
We have a total of 51 funds. Many with the high costs. If you had 25 years of investing left and could stomach the ups ad downs what would you pick?

Thanks.



Name/Inception Date Asset Class Category Gross Expense Ratio** Shareholder Fees

FA ASSET MGR 85% I (FEYIX)
Stock Investments Large Cap 0.77% No additional fees apply.

FA NEW INSIGHTS I (FINSX)
Stock Investments Large Cap 0.63% No additional fees apply.

FA STKSEL LGCP VAL I (FLUIX)
Stock Investments Large Cap 0.85% No additional fees apply.

FA VALUE STRAT I (FASOX)
Stock Investments Large Cap 0.61% No additional fees apply.

FIRST EAGLE US VAL I (FEVIX)
Stock Investments Large Cap 0.87% No additional fees apply.

FKLN RISING DIVS R6 (FRISX)
Stock Investments Large Cap 0.52% No additional fees apply

JHANCOCK DSCPL VAL I (JVLIX)
Stock Investments Large Cap 0.81% No additional fees apply.

PRU/J EQ INCOME Z (JDEZX)
Stock Investments Large Cap 0.91% No additional fees apply.

WF CAP GROWTH IS (WWCIX)
Stock Investments Large Cap 0.91% No additional fees apply.

AM CENT HERITAGE INV (TWHIX)
Stock Investments Mid-Cap 1% No additional fees apply.

VICTORY S SM CO OP I (VSOIX)
Stock Investments Small Cap 0.96% No additional fees apply.

ABDN INTL EQ INST (GIGIX)
Stock Investments International 1.04% No additional fees apply.

BARON EMRG MKTS INST (BEXIX)
Stock Investments International 1.2% No additional fees apply.

MFS INTL VALUE R4 (MINHX)
Stock Investments International 0.76% No additional fees apply.

THORNBURG GLB OPP R5 (THOFX)
Stock Investments International 1.07% No additional fees apply.

BLKRK HLTH SCI OPP I (SHSSX)
Stock Investments Specialty 0.91% No additional fees apply.

DAVIS FINANCIAL Y (DVFYX)
Stock Investments Specialty 0.71% No additional fees apply.

INVS GLD/PREC MTL Y (IGDYX)
Stock Investments Specialty 1.32% No additional fees apply.

OPPHMR GOLD SPLMIN I (OGMIX)
Stock Investments Specialty 0.75% No additional fees apply.

PIF REAL EST SEC IS (PIREX)
Stock Investments Specialty 0.88% No additional fees apply.

TRP HEALTH SCIENCES (PRHSX)
Stock Investments Specialty 0.76% No additional fees apply.

IVY ENERGY I (IVEIX)Stock Investments Other 1.1% No additional fees apply.

INVS SM CAP EQ Y (SMEYX)
Stock Investments N/A 1.04% No additional fees apply.

FA STRAT DIV INC I (FSIDX)
Blended Investments Large Cap 0.79% No additional fees apply.

JANUS BALANCED I (JBALX)
Blended Investments Other 0.67% No additional fees apply.

FA ASSET MGR 20% I (FTIWX)
Blended Investments N/A 0.58% No additional fees apply.

FA ASSET MGR 50% I (FFIMX)
Blended Investments N/A 0.71% No additional fees apply.

FA ASSET MGR 70% I (FAAIX)
Blended Investments N/A 0.75% No additional fees apply.

FA FREEDOM 2005 I (FFIVX)
Blended Investments N/A 0.55% No additional fees apply.

FA FREEDOM 2010 I (FCIFX)
Blended Investments N/A 0.6% No additional fees apply.

FA FREEDOM 2015 I (FFVIX)
Blended Investments N/A 0.64% No additional fees apply.

FA FREEDOM 2020 I (FDIFX)
Blended Investments N/A 0.66% No additional fees apply.

FA FREEDOM 2025 I (FITWX)
Blended Investments N/A 0.69% No additional fees apply.

FA FREEDOM 2030 I (FEFIX)
Blended Investments N/A 0.74% No additional fees apply.

FA FREEDOM 2035 I (FITHX)
Blended Investments N/A 0.77% No additional fees apply.

FA FREEDOM 2040 I (FIFFX)
Blended Investments N/A 0.77% No additional fees apply.

FA FREEDOM 2045 I (FFFIX)
Blended Investments N/A 0.77% No additional fees apply.

FA FREEDOM 2050 I (FFFPX)
Blended Investments N/A 0.77% No additional fees apply.

FA FREEDOM 2055 I (FHFIX)
Blended Investments N/A 0.77% No additional fees apply.

FA FREEDOM 2060 I (FDKQX)
Blended Investments N/A 0.77% No additional fees apply.

FA FREEDOM INC I (FIAFX)
Blended Investments N/A 0.49% No additional fees apply.

FKLN MOD ALLOC ADV (FMTZX)
Blended Investments N/A 1.04% No additional fees apply.

PUTNAM STABLE VALUE
Bond Investments Stable Value 0.68% No additional fees apply.

FA GOV INCOME I (FVIIX)
Bond Investments Income 0.5% No additional fees apply.

FA STRAT INCOME I (FSRIX)
Bond Investments Income 0.76% No additional fees apply.

FED HIGH YIELD TR IS (FHTIX)
Bond Investments Income 0.87% Short term trading fees of 2% for fee eligible shares held less than 90 days.

PIM RL RT ASSET INST (PRAIX)
Bond Investments Income 0.73% No additional fees apply.

PIONEER STRAT INC Y (STRYX)
Bond Investments Income 0.73% No additional fees apply.

PUTN AM GOVT INC Y (PATYX)
Bond Investments Income 0.69% No additional fees apply.

TMPL GLOBAL BOND ADV (TGBAX)
Bond Investments Income 0.71% No additional fees apply.

FMMT RETIRE GOV II (FRTXX)
7 day yield as of 0.34%
Short-Term Investments N/A 0.42%

[Big-Bucks]

All super high fees. Instead invest in index funds like SPY and BND. Expense ratios of .05% to .07%

[mysticaltyger]

Originally Posted by Big-Bucks

All super high fees. Instead invest in index funds like SPY and BND. Expense ratios of .05% to .07%

Please don't exaggerate. The fees are not "super high". The fees are all below average for their respective categories. Yes, it would be better if they were lower, but I've seen much worse in terms of fees.


If you invest in an IRA, you can only put in up to $5500, and some people are disqualified from a Trad. IRA if their incomes are too high.


Plus, the OP may also have a match. It's almost always worth it to at least contribute up to the matching amount.


Rocafeller, I highly recommend Janus Balanced. It's a solid performing balanced fund that owns a mix of stocks and bonds. The .67% expense ratio is well below the median of .80% for "institutional" share classes of balanced funds. Typically, "institutional" share classes are cheaper than what you could buy own your own outside your 401k plan. The .67% expense ratio isn't a screaming bargain, but it is reasonable.


You could make Janus Balanced your only fund and consider it a reasonably diversified portfolio, all by itself.


If you want to be adventurous, you could at TRP Health Sciences. This fund has awesome returns, but it can be volatile. And we don't know if it will have awesome returns in the future. So I'd keep my stake at maybe 5%. The Victory Small Cap fund would also be a nice addition.


So for a super simple portfolio just do this:


Janus Balanced 100%


For a slightly more complicated portfolio, do this:
Janus Balanced: 90%
T. Rowe Price Health Sciences: 5%
Victory Small Company Opportunities: 5%.


Neither option is perfectly diversified, but both are good enough. The perfect is the enemy of the good in this instance.


The most important thing you can do is save a non-trivial amount in your portfolio, and do it year in and year out. Aim for at least 15%. That is what it realistically takes to have a decent retirement in your 60s if you start young.

[cfa-ish]

Are you limited in your choices because they are inside something like a 401K plan, for example?

If not, simplify life and go with VWELX or one of the Vanguard target retirement funds (or a judicious mixture of VTI/SCHB/ITOT + BND/SCHZ/AGG + a soupcon of foreign/real estate/commodities.)

If yes, then go with FFTHX. Just one fund is enough - it will adjust the stock/bond mix automatically based on your age.

[mathjak107]

if it were my choices i would go with janus balanced . i would avoid anything that blindly tries to invest for one size fits all by age and changes allocations on me based on nothing but age .

[rocafeller05]

Yes these are the choices within the 401 plan at the workplace. I'm maxing it out.

The thing is I have a chunk of change in about 15 different funds from over the years.

Should I just leave them be and just start funding these other ones? Or sell and grab these other funds?

Thanks so far!

[Aredhel]

Originally Posted by mysticaltyger

For a slightly more complicated portfolio, do this:
Janus Balanced: 90%
T. Rowe Price Health Sciences: 5%
Victory Small Company Opportunities: 5%

I like this option. And I agree that the Janus Balanced fund is the best single choice of the various funds offered in your company's plan. You don't have the absolute best 401k choices, but you do have a pretty decent plan overall, far better than what many people are stuck with. So I'd at least fund your 401k to the level of your company match (and higher if you can, unless you want to stick $5500/year into index funds inside an IRA first).

[kennethw]

One of the things you should consider with the mutual funds is making sure manager investment is beyond $1 mill. Its not talked about very much, but statistically when a manager has over $1,000,000 of their own money in the fund, the fund is more likely to beat the market. Its easy to find out. See this research article: Picking Alpha Mutual Funds: Ultimate Guide

[mysticaltyger]

Originally Posted by rocafeller05

Yes these are the choices within the 401 plan at the workplace. I'm maxing it out.

The thing is I have a chunk of change in about 15 different funds from over the years.

Should I just leave them be and just start funding these other ones? Or sell and grab these other funds?

Thanks so far!

15 funds is typically way too many. You probably have a lot of overlap in the holdings of those 15 funds.

Like Mathjak and I said, Janus Balanced would be a good fund that does almost all of what you need.

If all of 15 are inside retirement accounts, I recommend selling and just getting Janus Balanced. It doesn't sound like you know much about investing, so don't make it more complicated than it needs to be.

[rocafeller05]

Yeah without a doubt there is overlap. And I'm the first to admit I'm a newb at investing. Just been getting into it the last 6 months. Most of the funds were accumulated over a 16 year period.

I'm kinda suprised most are saying go all in with Janus with it being a 64/33 fund. I thought with 25 years out I would need to be more aggressive? What am I missing?