I am impressed with the knowledge and experience on this board and I would like to ask some advice. I have the following funds in my current 403B:
FID BLUE CHIP GROWTH FBGRX 22K Expense ratio .68%
FID BLUE CHIP VALUE FBCVX 36K Expense ratio 1.17%
FID STR MDCAP VALUE FSMVX 36K Expense ratio .87%
FID VALUE STRATEGIES FSLSX 21K Expense ratio .87%
I have lost money on the FID BLUE CHIP GROWTH -.73% for 3 years, but I have read that Blue Chips are supposed to be good now and I have no idea if that is true. At this point, I would much rather put this into something that I am sure will have a positive return.
This is about 15% of our portfolio and I am contributing the max each year. I am 55 and my husband just turned 59.
The Vanguard Funds are also available in my 403B and I have been reading what you are saying about fees. Are there particular Vanguard Funds that you would recommend if I move this money?
FID BLUE CHIP GROWTH FBGRX 22K Expense ratio .68%
FID BLUE CHIP VALUE FBCVX 36K Expense ratio 1.17%
FID STR MDCAP VALUE FSMVX 36K Expense ratio .87%
FID VALUE STRATEGIES FSLSX 21K Expense ratio .87%
I have lost money on the FID BLUE CHIP GROWTH -.73% for 3 years, but I have read that Blue Chips are supposed to be good now and I have no idea if that is true. At this point, I would much rather put this into something that I am sure will have a positive return.
This is about 15% of our portfolio and I am contributing the max each year. I am 55 and my husband just turned 59.
The Vanguard Funds are also available in my 403B and I have been reading what you are saying about fees. Are there particular Vanguard Funds that you would recommend if I move this money?