Quote:
Originally Posted by treasurekidd
Managed funds are working great for me this year. My 401K (Fidelity Growth), IRA (Fidelity Blue Chip) and my daughters 401K (Fidelity Contra) are all outperforming this year...by a lot.
401K (50% Fidelity Growth, 25% mid-cap, 25% small cap) is up 19.10% YTD
IRA (50% Fidelity Blue Chip, 25% mid-cap, 25% small cap) is up 19.94% YTD
Daughters 401K (50% Fidelity Contra, 25% mid-cap, 25% small cap) is up 18.6% YTD
I show the S&P500 at 12.11% per Bloomberg. I'll take that level of performance every year.
|
looking at the fidelity insight growth portfolio , which is all actively managed funds , i show it up 25.52% ytd , their unique opportunities portfolio which tries to capitalize on trends is up 29% .
a total market index fund is up just 14.65%
fidelity contra up 27.55% ytd and fidelity blue chip growth up a whopping 47.85% ytd. both have very good long term records .
if we go back to 2002 which is the earliest we can use vti total market fund , 10k in:
contra grew to 73,500
blue chip growth grew to 63,500
vti total market 45,000
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
