Re: Need help with selecting a fund.
I've got one of those citibank cards, but they mess with me on the 5% payout.
They wont pay anything on the gas I buy at sams club, saying gas is not their primary business. Hmm...they have a gas station. Its not attached to the main building. When I charge to it, it goes to "Sams club gas" not to "sams club". They accept all forms of payment at the gas station while sams club accepts only cash, checks and discover card (who also doesnt pay the full reward for sams purchases). Sounds like a somewhat separate entity selling gas to me.
When I buy groceries with the credit card at the local bel-air, they also do not reward at 5%. They claim they are unaware of the store and will "investigate" its status as a grocery seller. Bel-air/raleys/nob hill is one of the largest grocers in california.
Further, they dont specify how much they pay for which purchases on your statement, just a lump amount. I imagine this is to avoid the never ending customer service calls pointing out mistakes made in the rewards payouts. Of course I called them and made them step through each item on the phone as a 'reward' for this customer friendly approach.
Fidelity low priced stock (flpsx) is one of their better offerings, unfortunately its closed to new investors.
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.