Good Funds that are not Fidelity or Vanguard

[Lizap]

Originally Posted by TuborgP

We each have retirement accounts with Fido and have a choice of 200 funds so no need to roll over anywhere else. Been retired ten years and kept it at Fidelity.

We do as well. Have moved everything to Fidelity. A big drawback is that you can't buy or rebalance 'folios' or 'motifs' with one click, so you can't buy fractional shares of a stock. Surprising that Fidelity hasn't kept up with newer brokerages such as Folio and Motif.

[mathjak107]

i doubt fidelity wants to get involved buying and selling fractional shares . it is bad enough when they have to break an order in to complete shares and frictional shares and sell the fractional separately

[Lizap]

Originally Posted by mathjak107

i doubt fidelity wants to get involved buying and selling fractional shares . it is bad enough when they have to break an order in to complete shares and frictional shares and sell the fractional separately

Many financial advisors (and a growing number of individual investors) use a system where they select a group of stocks for a certain group of individuals. With one click, stocks can be bought and sold for clients in that group. Rebalancing can be done with one click. This is the future of stock investing for many. Brokerages, like Fidelity, will eventually get in to it, because they will have no choice, or lose business.

[mathjak107]

well fund investors can buy fractional shares already , just specify dollars . stock investor , no . i think if they wanted to do fractional shares they would have done it .