Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Fidelity managed ira
Old 08-13-2013, 01:46 PM   #1
Confused about dryer sheets
 
Join Date: Aug 2013
Location: Berkeley hts
Posts: 1
Fidelity managed ira

Hi

I'm new to this community and have 250k in an Ira to invest. Has anyone used fidelity to manage their Ira ? I currently manage my 401k and want to see how fidelity would do with a 60/40 stock/bonds or cash allocation. I most likely wont need the money for 5 to 7 years. Thanks in advance
__________________

__________________
alank908 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-13-2013, 02:09 PM   #2
Dryer sheet wannabe
 
Join Date: May 2012
Location: Boston
Posts: 20
Welcome!

I use Fidelity for my rollover Roth and traditional IRAs, and then also savings and checking, and think they're great. I can't offer much in the way of investment-specific advice, but can tell you that they have a lot of commission free ETFs and funds. If you're buying a few large blocks, then that probably won't largely factor into your selections. One other thing - the investments you purchase through them do not automatically reinvest dividends. It won't cost you anything to do that, but if you'll want to check to make sure that option is chosen.

Best of luck!

D
__________________

__________________
denefi is offline   Reply With Quote
Old 08-13-2013, 02:20 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
travelover's Avatar
 
Join Date: Mar 2007
Posts: 9,899
Fidelity has Spartan funds with very low expense ratios, so you could buy a low cost stock / bond index fund portfolio there. I'd skip the management, just do an initial free consultation to decide on which funds are appropriate, then leave the money parked in these funds.
__________________
Yes, I have achieved work / life balance.
travelover is offline   Reply With Quote
Old 08-13-2013, 08:55 PM   #4
Recycles dryer sheets
Rothman's Avatar
 
Join Date: Apr 2013
Posts: 249
+1 skip the management part. I like Fido, just select from low cost ETF index funds. That money saved from management fees goes right to your bottom line.
__________________
Rothman is offline   Reply With Quote
Old 08-14-2013, 09:35 AM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Apr 2013
Posts: 5,599
Quote:
Originally Posted by Rothman View Post
+1 skip the management part. I like Fido, just select from low cost ETF index funds. That money saved from management fees goes right to your bottom line.
+1
Attended a 'pitch' for their managing money, at 250K, I think you're looking at a 1% fee(ouch).

MRG
__________________
MRG is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 02:04 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.